With an ever-increasing demand for payday loans becoming a payday loan affiliate can be an incredibly profitable option, not sure what it’s all about? Here’s a concise A-Z of payday loan affiliate marketing.
Affiliate – being an affiliate means you receive commission from every accepted application you generate.
Banks – people are losing trust with banks for short term lending options and are therefore turning to payday loan companies as a solution to short term financial emergencies.
CPA – Cost Per Action, the amount of cost for a conversion such as a sale or lead.
Demand – there is a huge demand for payday loans and figures suggest that there is no sign of the industry remitting.
Economy – due to the economic downturn people are finding that payday loans are a lifeline when stuck in a financial emergency.
Finance –dramatically increase your finances with a payday loan affiliate program.
Generation (lead) – Payday loan affiliate programs are a form of you earning commission for generating leads.
High Quality – the more high quality leads you produce, the more chance you have of them converting, meaning more commission for you!
iFrame –By dropping the network’s customized form into your website’s ‘Apply Now’ iFrame you can start monetizing your site immediately.
Jobs – jobs are scarce at the moment so now is a great time to set up a home-based business and make a lot of money from the comfort of your sofa!
Key to success – the key to succeeding in payday loan affiliate marketing is choosing the right payday loan affiliate program.
Leads – Leads can be generated through various integration platforms from PPC to payday loan website hosting.
Monetizing – with the best payday loan affiliate programs you can be monetizing your leads immediately.
No Set-up Fees – it is possible, with the best payday loan affiliate programs; that you won’t have to pay a fee to be set up.
Online Business – online payday loan websites are an increasingly popular method of securing a loan for a financial emergency.
Ping Tree – a Ping Tree allows your leads to be sent instantly to multiple lenders on a tiered structure, from high to low, until the lead is accepted.
Quiddi – Quiddi are one of the leading payday loan affiliate programs.
Revenue Split – the best payday loan affiliate programs will offer revenue split of approximately 80%.
SEO – Search Engine Optimization is key to your online payday loan campaign.
Tiered structure–with a Ping Tree tiered structure, as soon as an application is submitted it is instantly sent to lenders from high to low until it is accepted.
Uncapped Earnings – because you are in control of how many leads you post into the Ping Tree you are in control of your earnings.
Volume of leads – the more people you attract to your site, the more chance you have of those converting to leads. The more leads you post into the Ping Tree the more commission you will make.
Website – one of the ways in which you can integrate with a payday loan affiliate program is by having a payday loan website with the program’s form integrated onto it. If you do not have a website you can choose a white label payday loan website, accessible from the payday loan affiliate program.
XML Post–an alternative method to monetizing leads is by posting them straight to the network.
Zone – Get into the zone with a payday loan affiliate program!!
Amy Wilde is a marketing professional, currently embroiled in the world of Quiddi, a payday loan affiliate program; using her wisdom and inside knowledge to enlighten people on modern day online moneymaking ideas as well as pros and cons of the payday loan industry.