A Bitcoin Affiliate marketing program allows you to earn Bitcoin by sending bitcoin related traffic to a certain offer. There are two types of commissions in Bitcoin affiliate marketing: by CPA or Revenue Share. Both of them have their own benefits.
What is Bitcoin Affiliate Marketing?
On a Cost Per Action offer, you are rewarded when a user sent by you does a specific action on the offer. For example: You will receive a certain amount of Bitcoin when a user registers on a website, download an app or buy a certain service. This type of offer will pay only once per user – when the user has made the action. Usually, CPA offers are used for user acquisition and the payout is high. For example, if a user deposits $100 on a CFD trading website, the affiliate will be rewarded with $700.
Revenue Share offers are different. This type of offer is perfect for people who want a passive income over a long period of time. On a revenue share offer – you will receive Bitcoins each time when a user will do a range of actions like: depositing funds, betting in a casino, etc. For example, Coinzilla.io has a 10% referral commission. There are two types of users: advertisers and publishers. Each time an advertiser you’ve referred creates a campaign – you will receive 10% of the funds deposited by him. On the same principle, when a publisher earns a certain amount of Bitcoin with Coinzilla – you will receive 10% of his earnings. This doesn`t affect at all the publisher earnings or the advertiser funds.
If you want to start with Bitcoin Affiliate Marketing – you have to select which one you like more. CPA gives you a one-time payout while Revenue Share could give you a passive income for many days, weeks or even months. It`s up to you which one you choose to promote.
How To Start With Affiliate Marketing?
Firstly, you have to select an offer to run. Both CPA and Revenue Share are good but Revenue Share is a great way to set up a passive income for a long period of time. A good example of a great affiliate program is Paxful. Paxful is a peer-to-peer marketplace where you can buy or sell Bitcoin. It’s similar with LocalBitcoins but Paxful`s affiliate program offers a better commission.
Paxful offers a 2% commission per sale. This means that if you refer a user to Paxful and they buy a fraction of Bitcoin worth $100 – you will get $2. That’s $110 per Bitcoin at a $5500 Bitcoin price. It’s a great offer for this type of service and it could convert great with Bitcoin related users. Or you can simply promote the Coinzilla.io offer mentioned before. When a user referred by you earn or spend 1 BTC – you’ll receive 0.1 BTC. It’s the highest paying offer in the advertising niche right now.
After you’ve made up your mind – it`s time to take action. There are many ways to promote a Revenue Share offer. You can start by building a landing page for the offer where you will present the benefits of the offer. The next step would be delivering traffic to it. If you don’t have a budget it might take weeks or months until your page starts receiving visitors and therefore – conversions. But if you have a budget – you can start receiving results in less than a week.
How To Buy Bitcoin Traffic?
There are many advertising networks from where you can buy Bitcoin related traffic to promote an offer. By far, the best one is Coinzilla.io. They have three main ad formats: Standard banners, Floating banners and Popunders. The average CTR for a well-made banner is above the standard industry and the best part about it? You don’t need a huge budget to start advertising on Coinzilla.
Now, you need to think how to promote it. Assuming the offer was already promoted on different websites, people won’t be so interested when they see the same banner again. Therefore, it’s recommended to create a special banner that will draw the attention of the visitor. You can even use your landing page to collect the visitor’s email. How? It’s simple.
Firstly, you need to offer them something. A free eBook on Bitcoin, a chance to enter in a raffle or a small amount of Bitcoin to get them started. Usually, visitors are pretty engaged when they can win something. But don`t cheat on them – it’s important to deliver what you’ve said you will.
So, how will this work? Well, firstly you need to create your landing page and the banners that you’ll use with Coinzilla. Secondly, you need to create an account with Coinzilla and start up a campaign or more. Usually, it’s better to run 3-4 campaigns on the same targeting but with different banners. Some banners have a higher engagement rate than others. Those are called – The Winning Ones. Select the ones with the high engagement rate and run the Coinzilla campaign for at least a week. By now, you should already have conversions and an email list that you can use for further offers.
Now you’ll need to focus on growing the email list and convince the people to buy your offer or your product. Here’s all about your marketing skills and how easy can you convince someone to buy your product. The hardest thing is the first sale. Don’t expect to reach it overnight. But if you do – you’re definitely on the right track.
Was your first campaign a success? Have you made any sales? If you didn’t, be sure to check out why. If you made – that’s great! Now promote other offers and services to the same mailing list. Make sure to send an email once per week. Nobody wants to be spammed.
All the tips and tricks mentioned in the article were tested and proved to have good results. However, it takes time and money to start with Bitcoin affiliate marketing. It’s not the easiest method – but it’s definitely a rewarding one.
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.