Step 1 : Get affiliate links
1.1 Direct affiliation
The first step is to choose brokers that you want to advertise. Here are a few important things you should to look into before making a decision :
CPA : The Commission Per Action is of course one of the most important thing for affiliates. This represents how much money you will get each time someone subscribe and deposit through your affiliate links. The higher, the better, but this is not the only thing to take into consideration. An honest broker with a $300 CPA will be far better than a dishonest broker with a $400 CPA !
Accept US citizens : There is no point in spending money on ads in the US if the broker you advertise for do not take US Traders. Geo-target your audience accordingly.
Regulated : The regulation is a strong selling point for European traders. Don’t look for a broker both regulated and accepting US citizens, there is just none yet.
My experience with them : I’ve been working with all the companies below for more than a year and tell you honestly what I think about them.
1.2 Affiliation resellers
Notice that there exists binary affiliate platforms that regroup multiple brokers. They are kind of “affiliate resellers”. Affiliates-VIP.com for example offers affiliate links for 24Option, OptionFair, BancDeBinary and many more. This is great when you want to advertise multiple brokers and have your conversion results on one platform only. Payments are also simplified this way. However, as with any reseller, these companies take a piece of the cake on the way and offer lower CPA than with direct affiliation. You basically sacrifice a few profits for simplicity, which to my opinion is the best way to start.
Step 2 : Advertise your affiliate links
2.1 Without a website
Building a website is the most common way affiliates launch themselves into the affiliate marketing world, and if you’re interested in creating a long-term business you’ll inevitably need to put together a website.
However, if you’re still learning about web design or you’re simply not interested in building a website, there are other ways to get your affiliate links out there, so we going to show you 5 ways to advertise your links without a website.
Remember: the key with affiliate marketing is get your affiliate link in front of an interested audience – how you choose to do
that is completely up to you! With that in mind, here are a few methods you could try:
2.1.1 Promote affiliate products directly through pay-per-click advertisements
This is the easiest way to start. This method involves creating pay-per-click campaigns through search engines like Google and Facebook, and promoting the merchant website directly through your affiliate link.
So instead of using PPC to promote your own website, you send them straight to the merchant. There are a number of downsides to this method. First, with Google’s AdWords in particular, there will only be one paid listing for a particular website displayed at any given time. This means that instead of competing against other advertisers for one of eight spots on the page, you’re competing for just one spot. If you bid a large amount and write an attractive ad then you might see your ad displayed, otherwise you can forget it.
Secondly, you have no control over the quality of the merchant page. Increasingly the search engines are looking at the page you’re promoting and deciding whether this offers a good experience for their users. If the merchant site has little content, or poor quality content, you could end up paying a much higher amount for your advertisements. The efficiency of this method really depend on your placement and targeted audience.
2.1.2 Make Youtube videos
If you opt for popup advertising the best content is to show a video of your trades so people can easily grab the concept of binary options. However you could also build a popular youtube channel on trading strategies for instance and provide affiliate links in the descriptions.
2.1.3 Post on blogs and forums
This is a really simple way of getting a taste for affiliate marketing – all you have to do is find a product you’d like to promote, then start posting on blogs and forums with your affiliate link in your signature. Here’s an example from our very own forum: you can see that both of these members have an affiliate link in their signatures. They’re both pretty active and respected members of the forum.
Of course you should only post on blogs and forums where people would be interested in the product – you’re not going to get many bites for a dog training affiliate product when you’re posting on a classic car enthusiast forum. Similarly, you’ll find that you have a lot more success if you’re making useful and interesting posts and if you become a regular on the site; the two members above, for example, are active and respected members of our forum. Once you have established yourself people will begin to respect your opinion and will be more inclined to click on your link. If you simply spam a blog or forum with useless posts you’re likely to be banned and your posts deleted.
2.1.4 Write a viral eBook or some other “viral” product
A “viral” product is one that is designed to spread (often quickly) to a great many people – this can be a great way of getting your affiliate links out there without ever having to create a website. You can produce a short 30-page eBook or a “special report” on a particular subject, insert links to affiliate products into it, then distribute your book through whatever means you like – you could tell people that they’re welcome to give it away, sell it or put it on their websites. You can kick it off yourself by selling the eBook on eBay for a small amount.
If your book is informative and useful, rather than simply laden with affiliate ads, you might find that it spreads quite well.
2.1.5 Write ads or reviews for classifieds websites
You’re probably already familiar with using sites like Craigslist to look for old furniture or car parts, but you can also use classifieds sites to promote affiliate products. Consider writing ads or reviews for affiliate products and posting them with your affiliate link.
Some sites you might want to try are:
2.1.6 Build a Squidoo lens
Building a Squidoo “lens” is a great way of getting started as an affiliate without needing to build your own website from scratch. A “lens” is like a 1-page mini website where you can talk about a subject you’re passionate about (eg, your affiliate market and associated products!). It’s hosted on the Squidoo site, and you don’t need to know anything about web design to make it look fairly professional.
A Squidoo lens allows you to build a page on a topic, insert ads, reviews and other content as you please, all without having to write any HTML. The best part, though, is that Squidoo is also part social-networking site, so simply by being on Squidoo you will begin to attract traffic interested in your topic and looking for recommendations. Squidoo is especially easy to monetize, and Squidoo lenses have tended in the past to do pretty well in the search engines.
To sign up and start creating your lens, visit Squidoo.com.
2.2 With a website
2.2.1 Build a website
You’ll first need a domain name and a server. If you want to start low, GoDaddy and HostGator offer cheap shared VPS hosting. However if you plan on getting big fast, you should opt for a dedicated server with InMotion Hosting like I do.
2.2.2 Make it informative
Broker comparison is obviously the best way to put your affiliate links out there, but don’t forget that you can also compare signals providers, autotrading services, strategies, and anythings people could be interested in. You want to generate traffic on your site so don’t simply put your affiliate links alone with nothing of interested around, you won’t get any traffic that way. Here are a few examples of successful website :
2.2.3 Offer free signals
If you are actually good at trading binary options on your own, you could easily create a signal providing service via Skype and offer free months to anyone that deposit with a broker using your affiliate links. Here are a few successful providers that does offer free months of their service :
Step 3 : Discuss Ideas
Finally, it’s important to talk with others about their best methods to get CPA. I invite you to join an affiliate forum and learn all you can. We’ll soon open a dedicated forum on earncpa, please subscribe to our newsletters to be the first to know.
You are now ready to start earning CPA money. I wish you the best of luck