Crypto affiliate marketing: What is it and what to look for
If you have come across this article, you are more than likely already familiar with affiliate marketing. We will discuss crypto affiliate marketing, a possible high ticket option for beginner affiliate marketers.
While affiliate marketing sites are a dime a dozen, crypto affiliate marketing has yet to find a stronghold. Even as publications like Bloomberg and Forbes report on the rising discussion of cryptocurrencies within governments across the globe, affiliate marketing has not yet made the jump to crypto. Here, the Affiliates8 website is your source for reliable crypto affiliate marketing options.
So, what is crypto affiliate marketing? At its basic level, crypto affiliate marketing is affiliate marketing that pays its commissions in cryptocurrencies. Marketers will place a link to a product or service on their website, blog post, or social media channels and are paid a commission when someone makes a purchase. Which coin each affiliate pays out is up to that particular program. Often, the affiliate program will accept payment from a buyer and payout to their affiliate in the same currency. This offering allows affiliate marketers the opportunity to invest in crypto without investing their cash. The additional opportunity to market various products that payout in different coins allows the affiliate to diversify their portfolio.
The most significant benefit for crypto affiliate marketing right now is timing. With affiliates competing for marketers in this new arena, affiliate programs offer high commissions and accessible opportunities for new affiliate marketers to start. Additionally, there are far more affiliate programs than affiliates to market. Some affiliate programs provide not only high commissions but also bonus referrals, another avenue for affiliates to increase their revenues quickly. This allows affiliates to be selective to find the best deal when choosing a crypto affiliate program.
While the newness of the platform gives beginner affiliate marketers an advantage, it can also be a drawback. Cryptocurrencies’ value can fluctuate dramatically, sometimes as quickly as hour-to-hour, causing potentially significant losses. New affiliates and investors should understand that there is always the potential to lose all of the money that has been invested. What crypto affiliate marketing protects is the initial cash investment of the affiliate, essentially allowing the affiliate to invest in a variety of currencies with other people’s money.
There are programs available that may prey on the new marketer. Here are some of the features to look for when choosing a crypto affiliate marketing program.
Quick and easy payment
This may seem elementary, but choosing an affiliate program that offers quick and easy payments to its marketers is the first sign of a quality program. Payments should be instantaneous, or on a predefined schedule, and straight into your wallet. Long, frustrating processes should be a significant red flag in choosing a crypto affiliate program. On this website, we highlight those programs offering instant payment.
Strong crypto promotional materials
To effectively market a product, a marketer needs professionally produced promotional materials. Whether the program offers videos, graphics, or logos, they should be clear and professional.
Positive reviews
Before selecting a crypto affiliate network, always find and research reviews from other affiliates. This is the cozily way to weed out fraudulent programs or scams. Be weary of affiliate programs with few reviews as they may not have the structure to support long-term marketing. To find a reputable company to market, blog posts and other forums can provide insight into whether or not a program is legitimate. If a program offers an opportunity that sounds too good to be true, it often is.
Growing and successful community
A great affiliate program should have a supportive community in line with positive reviews. Whether on forums on the affiliate program’s website or another site like Reddit, a supportive community can open doors for an affiliate. These community members can offer advice and guidance, especially to a new affiliate. A strong, successful network can only help you grow your earnings, as with any venture.
The conclusion
Crypto affiliate marketing, while new, offers a multitude of opportunities for seasoned and beginner affiliate marketers alike. Affiliates can establish themselves as leaders in this field while earning high commissions and investing those payments in both emerging and established cryptocurrencies. While the potential does exist for fraud and scams in crypto affiliate marketing, proper vetting and research will allow affiliates to choose a solid and reliable program to promote.
About Affiliates8
Affiliates8 is your manual to find a financial affiliate program. We distill the essential data for seasoned or new affiliate marketers that will help choose the right affiliate programs for their needs. Built on transparency and honesty, we will not confuse users with financial jargon or pressure our readers to sign up for a program that does not fit their business needs.