PTC Raid #1

Yesterday on a whim I decided to create a PTC(Paid To Click) ad on the Cointiply advertising network. For those of you not in the know, Cointiply is one of the web's highest paying bitcoin earning sites where you earn 'coins' for undertaking various tasks such as rolling a faucet, taking surveys, and clicking on PTC advertisements. These coins can then be cashed out as bitcoin to your wallet and you can earn anywhere from 2000 satoshi to 50,000 satoshi per day just from taking surveys. 

The ability to take surveys daily can be quite lucrative as discussed in a previous post, however what we will be discussing in this particular blog post is Cointply's PTC feature. 

Cointply PTC is a page, updated once, sometimes twice a day, that pays Cointiply users a small amount of coins in exchange for visiting the websites advertised on the page for set periods of time. Cointiply users can put the coins they earn to use on PTC advertising campaigns and it is this ability to fund campaigns using site credit rather than having to deposit funds using your credit card let's say that makes advertising on Cointiply so attractive and why I got round to experimenting with it sooner rather than later.

In order to create a PTC ad with Cointiply, simply enter the link you want to get targeted traffic(related to earning bitcoin)to, and purchase a fixed number of impressions(it costs 13,000 coins for a 1000 views). Enter a title and description, then submit your ad for approval and before you know it you will have gotten 1000 views to your website.

For my very first ad I wanted to see if I can attract some users to my Cryptotab mining network. Cryptotab is a fast, lightweight browser that mines Monero while you surf the web and pays you in Bitcoin. Being a stable and entirely passive form of income with 10 levels of referral it is an extremely attractive product to undertake affiliate marketing with.


  
I purchased 1700 impressions for 23,000 coins(roughly equivalent to $2), put my title as "Cryptotab: The world's first mining browser", my description as "Earn bitcoin passively, right from your browser. 10 levels of referral.", and used the following landing page:

I expected to get at least a few downloads, and maybe 1 or 2 people using the browser to mine. The actual results turned out as follows:

As you can see from this screenshot, out of 1997 visits to my landing page, 15 people downloaded the browser, and out of these only 5 people actually installed it. Furthermore out of these 5 installs, only 1 person committed to actually using the browser. 

My interpretation of these results is that not all interest generated in the advertisement will actually convert to persistant use, a certain percentage of 'bites'(to use a fishing term) will download the browser and forget about it. Even out of people who get round to using the browser, there is a difference between the person who uses the browser once or twice and finds it doesn't suit his needs, and the person who not only persists in using it, but recruits other people to use it as well(thus adding to your referral income). The latter user, I term the hardcore user, and it is this type of user I aim to attract via my marketing campaigns and my blogging efforts.

In future posts, I will experiments with different ad networks and landing pages. These are:






What all these PTC sites have in common is the ability to put what credit you have earned with the site from visiting PTC ads, back into your own PTC campaigns.