12 Apr 10 9:04 pm
YouTube Buying Results, Thoughts & Questions
This traffic generation tactic was recently given life again by George Brown (Originally, if not before, Adam Horowitz presented it in YouTube Cash Busters as early as 9 months ago, where he said he had been doing it for a year). As some of you already know he did a webinar with Mark and has recently offered up Traffic Ultimatum where he has placed it as Tactic 20 in the "Super Advanced Ninja" section.
Anyway, here is a summary of my experience so far:
First 14 days:
500 messages sent out (within I would guess 10-12 different niches)
30 responses
15 serious responses
10 YouTubers "signed up"
*so, that means we are left with 5 others we´re still negotiating with
20 videos monetized over those 9 accounts
*We have matched the products to the videos to ensure targeted traffic.
(video example:
http://www.youtube.com/watch?v=YAym2ZTfuuQ#)
Now, I realize this is a little early to tell, but here´s the results:
Results:
1200 click-throughs over 10 days
162 click-throughs yesterday (3rd day was about 30... so, increasing)
12 order form impressions
0 sales (!)
Additional data:
3ish asking for ridiculous amounts of money for their accounts
*so, really 0 interested in selling their account
For anyone wondering what to expect when getting into YouTube Buying, I believe the above stats are relatively accurate if scaled out. So, I would expect for everyone a 5-10% response rate and a 2-5% sign-up rate, which is WELL below what was originally "forecasted" on George´s webinar. Further, while there has been a undeniable effect, this is definitely not one of those "have money in your bank account tonight" things, which I think was also suggested. On average, it takes a 1-4 days to get a response, 1-2 days to set-up the video and a few days after that to start seeing steady traffic (and I move really, really fast on a computer). So, 7 days to get it going with about 2-5% of the messages you´ve sent out. Solid results, but on a very small percentage of your messaging efforts. Oh, and make sure you keep solid notes as you go; it´s hard to explain how to do that; just record everything as you go and try to keep it organized - trust me, it gets hectic.
Everyone is invited to comment of course, but I am also very interested in hearing from someone that has had success with YouTube buying, and can let us know exactly what their experience was and maybe through in their 2 cents.
Best to all, James