Like math? You better learn to.

Which option?

  • Option A

    Votes: 230 24.2%

  • Option B

    Votes: 408 42.9%

  • Option C

    Votes: 122 12.8%

  • Just tell me, I'm too stupid to figure it out.

    Votes: 192 20.2%
  • Total voters
    952


I know option B has the best ROI, but what if you only get a couple of clicks? Options A and C give you an expected amount of traffic, whereas B provides no info on this.

Otherwise, this is a good exercise IMO.
 
indianman said:
Did you win the Physics Olympiad once?

1,000,000 * 0.1/100 * 4/100 * $20 = $800
Click to expand...

Only because I am diligent. Anyone can do even better. Also I learn math the right way. When my employee ask, how the hell I still remember how to compute probability of having 4 six in 10 dice draw, I told him the truth. You must not remember anything in Math. All are common sense.

Now let me try to understand the above complicated calculation.

Each offer pays $20. So we got $20/lead. However, conversion is 4%. So we got $20/lead * 4 lead/100 click and after crossing things out you got let's see, I got to summon my calc, 80 cents/click. That's our EPC. Wow. I am learning something. Thanks a lot.

Then there is 1 million impression. How did you get the .1/100 again? It must be the CTR but where is it mentioned that the CTR is .1/100? That's what I was missing.
 
teguh123 said:
Now let me try to understand the above complicated calculation.

Each offer pays $20. So we got $20/lead. However, conversion is 4%. So we got $20/lead * 4 lead/100 click and after crossing things out you got let's see, I got to summon my calc, 80 cents/click. That's our EPC. Wow. I am learning something. Thanks a lot.

Then there is 1 million impression. How did you get the .1/100 again? It must be the CTR but where is it mentioned that the CTR is .1/100? That's what I was missing.
Click to expand...

Here: http://www.wickedfire.com/newbie-questions/40974-like-math-you-better-learn.html#post376081

teguh123 said:
Only because I am diligent. Anyone can do even better. Also I learn math the right way. When my employee ask, how the hell I still remember how to compute probability of having 4 six in 10 dice draw, I told him the truth. You must not remember anything in Math. All are common sense.
Click to expand...

Explain!
 
I was an English major, should I be in this business at all? (j/k of course)

Hey A-Bomb put some cleavage in there for me. Try this:

( o )\/( o ), then I can just sit and imagine seeing that side view tit from behind!

BTW, Excel is my best friend.
 
I just started doing AM and I had no idea that math was involved in all this... I was one of the idiots that fell into the EBook scam and didn't really learn shit... cause all this time, I thought that to make it into a business, all you needed was traffic to your site, never considered all this stuff... need to keep reading.

Thanks Mike
 
I really hate mathematics, but as a start of my curiosity in internet marketing, I think I should learn to love it. I pick the wrong choice. =) But for now, let's see what happen if I will use option B from now on.
 
What kind of mathematics do online marketers actually use? I met a guy at AdTech in San Fran at the PPC.Biz party who was brilliant with math. Really knew how to use statistics and data to enhance his media buying.
 
I've learned more here today on WickedFire than I have the past 3 months reading endless crap articles and b.s. from self-proclaimed "gurus".. This spreadsheet rocks, Thanks again guys!
 
Thanks for the spread sheet, I've been trying to make my own decent one for awhile. Up until now, all of my math has been by hand. +rep
 
You know... when I first saw that headline I saw, "Like meth?"

I figured I was in for some long nights, getting into IM, but that seemed a little extreme.
 
That excel sheet calculator EXCELLENT! /hug

This reminds me of a keyword research tactic.

Get 1000 keywords (exact match) and paste them in excel.
*0.3 (traffic from 1st position of google)
*0.2$ ($ / adsense click, average $ / hoplink etc)
*CTR (5-10-15% etc)
 
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