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smartlinks aren't the right ad format for ad arbitrage. sell traffic to tubes and other aggregators.
if you want this to work you need to sign up for as many tube affiliate programs as you can. the money comes from sending a single user to multiple tubes; you can generate ridiculous rpm like this.
you won't get rich with this method. there's just not enough suitable traffic available to purchase. and a lot of people buy it for reasons other than achieving positive ROI -- ie, you're competing for the traffic with people who don't care about positive ROI. Puts you at a disadvantage.
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