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you're at a disadvantage on both ends here
the ad network keeps a lot of your ad spend
the affiliate network takes a cut of every conversion
its easy to see why its difficult to achieve positive ROI in this scenario
if you buy direct from a publisher, you'll have to figure out how to monetize all their geos
and a few hundred dollars isn't anywhere close to enough to get data to optimize your campaign
its not a game where you can spend a few hundred dollars on a self-serve ad network and hope to make a profit.
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