...So here is a little update on my progress of this nosedive advertising campaign. As I said before this massive pay per click campaign wager is based on the idea that you have your store set up correctly. You can take a look in this thread for details on how to set up a store that will be effective in implementing a real pay per click ad campaign with in which you would be spending up to a thousand dollars per day in advertising fees.
And would you look at that! A painting sold after 1 week of advertising. Apparently I'm not gambling after all.
Paintings usually take a few months or years to sell if you are lucky. Sales of 3-4 paintings within a year is excellent. A sold painting within a week of an ad campaign is unheard of!
Now, you can debate as to whether or not advertising fees are tax deductible, but I don't want to get into that now, and that's not something I'm relying on in order to make a profit. The idea is that this should eventually turn up a profit without having to rely on tax returns. Someone mentioned that you can file item returns as business expenses on your taxes, well that should be of enough help, though I am unclear on how much taxes can cover that sort of thing.
The painting in question was listed for $2,700. Quite a surprise! Would have expected a 500 dollar painting to sell first. I'm not sure why the sales box says $2,919.09. Maybe it's showing me what the customer paid in total including taxes. The net profit was a little over $2,400. The sale also counted as both a store promotion sale and as a general promotion sale with dynamic ad rate on. Nothing to really complain about. If I had the general promotion rate at 5% it would just be a 10% difference from the usual 15% that dynamic ad rate sets automatically.
Have at thee, naysayers of pay-per-click. I guess the only thing they have left to say is "Well, you didn't make a profit, did you?" Like I said, these arguments... these so called conversations.. they are just games.
