I have 300 USD Bing Budget - How to Make Profit out of it?

You can search for a good affiliate program to run. However I would recommend you to have at least around $500 before you start with PPC in order not to lose your money.

You can start by reaching out to your AM's and tell them the traffic source and see if they can recommend any offers that other affiliates are having success with

Are you sending traffic directly to the offer or to your own landing page first? Normally you won't get a profitable conversion rate going from a PPC ad to the merchant's site, unless they have a great offer!

CPA is basically trial and error, so you need plenty of patience (and budget) to get something going.

I suggest you to join a CPA network and promote Free trail offers!
Customer just pays for S&H and you will earn commission of +$20!

Good Luck

So you're basically paying about $.23 per click in Bing. That sounds like a good CPC if your particular keywords are competitive. BUT...the CPC isn't the problem.

The problem is the fact that you haven't converted any of the visitors into buyers, right?

Your issue COULD be your ad. That's the very first thing I would check. Does your ad describe the offer effectively, so that you aren't paying for wasted (un-targeted) clicks to the offer?

I think your method of direct-linking to the offer is good because you don't have any proven conversions to warrant building a landing page. Once you get some conversions, then you should look into creating a landing page to pre-sell. That way you aren't wasting time for a campaign that may not work.

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Also your keywords can be an issue. Are your keywords related to the offer and do they actually convey what the visitors would actually be searching for IF they are looking for weight-loss products? Seems like you are getting some good clicks, but what's your CTR?

I think that your CTR could help determine if your ad is effective and/or if your keywords are properly chosen.

Generally speaking:
High CTR = Interest in your ad
Low CTR = Your ad possibly isn't relevant to their search query/interest.

I use Bing myself and there are pretty good click prices, but I find the volume to be a problem. To get around that, I spend a LOAD of time just keyword hunting to compensate for the lower (daily) volume.

Maybe you can do that to hone in on keywords (eventually) which will give you the conversions you want, possibly with fewer clicks. You can even "spy" on big players in your industry to get ideas that may work for you.

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Have you typed your keywords into Bing and then checked out the ads that come up? So you know what you're competing against and why your ads may or may not get the response you want....

Feel free to PM me if you want to bounce ideas around. I don't do the health niche but I promote Peerfly stuff, and I have a decent strategy to test campaigns on Bing for pretty cheap. :-)

Thanks for such helpful comments guys. I need your help to get approval in major cpa networks like clickbooth, maxbounty etc. Can anyone plz help me?

On bing ads you can promote clickbank weight loss product. But always keep in mind almost 99% ads campaign start with Negative ROI and you have the data and then you need to optimize your campaign. By losing your money you actually buying data which will help you to optimize your campaign.

Thanks

Neither. You should run auto insurance or home improvement.

Thanks Nick. Nick is a headmaster at affiliate marketing school. His job is to get marketers join that forum and promote their offers. In the way he gets a small percentage of their students earnings. Only successful students are recruited as headmaster and Nick is one of them. Here is his website Affiliate Champ - Kicking Ass in Affiliate Marketing since 09. You can check his resource page here: Affiliate Champ - Kicking Ass in Affiliate Marketing since 09

Any more suggestion guys?