The latest news in the affiliate marketing world has to be the advent of Myspace opening the door to PPC advertisers giving reach to more than 60 million potential users.  I say potential because we all know that myspace used to be a spam haven and about 20 million of those users are fake.  But besides the point that Myspace was a spam depot for some time, this doesnt mean that advertising on there wont be beneficial. There is definitely a lot of potential here with Myspace Ads, so make sure you dont miss the boat.

Setting up a campaign has never been easier, in fact its *too* easy.  They have a simple flash app that walks you through the stages and will have you pushing acai berries in no time.  Now if this is anything like Facebook’s launch, we can expect to get a shitload of traffic for cheap right now, and then have them clamp down on us with restrictions later, so don’t miss the jump.

As for bids, well Myspace isn’t THAT stupid, and they set their minimum bids at $.25, so no matter what you are bidding on you will have to pay .25 a click. And you thought you’d waltz in and get .01 clicks! No life isn’t always that easy. So far Ive had 2 ringtone ads declined for approval, while my weight loss ad went through, so it still remains to see what the boundaries are in terms of what they will accept.  Either way it is best to get on this as quickly as possible before they start declining everything like Facebook.

Jason from ads4dough sent me an email giving me a heads up on this, something more affiliate networks SHOULD be doing but aren’t. He seems to think that Myspace users will convert at 5x the rate of their fellow Facebookers, and he could be right, but we wont know until I start seeing decent amounts of traffic on my campaigns.  As of right now I’ve only had around 30 or so clicks and 1 conversion, not a bad start, but nowhere near my budget limits.  So give it some time and I’ll have an update for you to let you know how it goes.

As for what to advertise on Myspace, well since I havent tested extensively yet it is hard to say, but I would shy away from offers where users need to bust out their credit card, as most people on Myspace barely know how to use a computer.  Id stick to simple zip/email submits where you can get high conversions, although that might be risky with the .25 bids,  only time will tell. Either way get the ball rolling and leave some feedback as to your thoughts on the Myspace advertising platform and I’ll have an update for you once I start making or losing money.

Myspace Apps.. who knew?

Yes ladies and gentlemen, Myspace is trying to claw back at Facebook, with none other than their own version of applications in which you can soup up your profile with even more knick-knacks and paddy-wacks. This comes as great news for anyone (??) who still uses Myspace.

Now would be a good time to think about creating/outsourcing the development of your very own Myspace App(s) and take advantage of these viral applications.

Check out the Myspace Developer Platform & you might want to take a peek into Google’s OpenSocial API Specifications.

Also be sure to check out the current Myspace Apps that are being pumped out as we speak…dont miss this opportunity to create and monetize a Myspace App, we all have seen the viral power of Facebook Apps, and a lot of people (for some wierd reason) still use Myspace…prime real estate, so go get your own street sign.

Well it has been a long time coming, and most of the people I know got out of the game ages ago when the “Myspace Marketing” fad was growing near its saturation point. Today I received an email from Millnic Media which is basically putting the nail in the proverbial Myspace spam coffin. (Although I’m sure there are still other viable affiliate networks for Myspace Marketing)

Hello Lorne,

This is the second very serious email I have written in two weeks. It’s so not like us, but into every CPA Network a little hammer must fall.

All drollery aside, MillNic Media does not tolerate or condone Myspace traffic. Some of our affiliates have been running offers there, so we wanted to remind everyone of the Terms of Service. The Terms of Service is the list of rules and conditions you agree to when you sign up with the network. If you break these conditions, “you will forfeit your entire commission for all programs and your account will be terminated”. Although this warning is redundant, it’s still what happens when you run MillNic Offers on Myspace (for posterity: you don’t get paid, and your account gets shut down now and forever)Great. It’s all very clear now so there wont be any confusion. If you have questions as to the rules and regulations that govern the network please have a chat with your affiliate manager.

Sincerely,

MillNic Media
www.millnicmedia.com www.bestcpanetwork.com

http://millnicmedia.com

So if that doesn’t speak loud and clear, then maybe you deserve to get your affiliate account shut down and never receive any of your “free iphone” or “ringtone” money. Either way if you are still in the Myspace game for whatever reason, it may be time to start looking into new social networks for your marketing purposes. (Facebook Marketing anyone?)