A Guide to Monetizing Your Website with CPA Marketing For those of you who aren’t aware, CPA Marketing is a form of affiliate marketing, but is very different from the more conventional affiliate networks you may be used to such as with Clickbank. CPA stands for “Cost per Action”, which basically means that it isn’t absolutely necessary for someone to purchase something in order for you to earn a commission. In other words, you have the ability to generate a commission if someone completes a specific action, which is required by the advertiser. The action required can typically be anything, but commonly consists of: - Filling out a form, which could have anything from 1-10 fields Getting a quote or estimate from a specific advertiser Signing up for a free trial Actually buying something The basis of CPA marketing will require someone to visit your website, then clicking on an affiliate link on your site. They will then be directed to a landing page, as provided by the advertiser, and then, most commonly, they will fill out a form, which in turn earns you, the affiliate, a commission. However, this of course is the simplified version, and this guide will provide you the various details you should know about CPA marketing. Why Choose CPA Marketing? There are typically two main reasons why many people prefer CPA marketing over other forms of advertising, such as Adsense, banner advertising, or the more traditional form of affiliate marketing. 1) Value The amount of commission on offer through CPA marketing is typically far more than you can expect from promoting other monetization techniques, including Adsense, banner ads, and cost per click or cost per impression marketing. In fact, you can generally expect to earn far higher commission through affiliate marketing, promoting your own products, and of course, CPA marketing. If you compare CPA marketing to another form of marketing and monetization, let’s say the sale of physical products through Amazon, it’s easy to see why there is such a huge difference in commissions paid. If you are selling a physical product, such as a laptop, through Amazon, there are many more people who require some form of payment from this sale. You have the laptop suppliers and distributors to take into consideration, as well as the warehouses and Amazon themselves. Therefore, you can usually only expect to receive a small amount of the actual sale price as a commission, 4% to 8.5% in this case. However, CPA marketing is most commonly used by companies and corporations, which require leads that they can possibly sell to at a later stage. These leads could easily turn into thousands of dollars in terms of sales price and commissions earned for everyone involved for the company, so the advertiser is far more willing to pay a higher fee to an affiliate. A prime example of this may be a mortgage company looking for potential leads. If they have 100 people directed to their offer and 20 of these people complete a form, they may pay a commission of $25 for every form that is completed. That means these 20 people would cost them $500 in commission. However, if simply one of these leads decided to take out a mortgage with the company, let’s say for $100,000, the advertiser in question has more than made their money back, as well as a handsome profit. 2) Integrated Advertising Something that I love about CPA marketing is that there is no need to completely wreck the look of, or disfigure, your website, as is often the case with other forms of advertising, such as banner ads or Google Adsense. Don’t get me wrong, both these forms of advertising can work very well, but all too often they take too much attention away from the content on your website, which in some cases I agree is the whole point of this type of advertising, but it can also make a website or blog appear very ugly and unorganized. You have the ability to seamlessly integrate CPA advertising into your website, whilst the said site still remains clean and professional looking. How to Get Started with CPA Marketing The following section of the guide will show you exactly how to get started with CPA marketing and provides a powerful insight into the things you should be looking out for and also the things that you should be doing to ensure you are successful. - Find an Offer So, the first thing you should be doing is finding a CPA offer which fits in perfectly with the subject matter of your website. In other words, something that the traffic and readers you receive at your site, now and in the future, may be interested in. However, you have literally dozens and dozens of CPA networks to go through, which also adds up to thousands upon thousands of offers to look at – which in turn makes it extremely difficult to find the perfect offer to have on your site. Well in order to make your search for that “perfect” offer a little easier I would suggest that you spend some time working with OfferVault.com and oDigger. I think the best way in which I can describe these two sites is as the Google and Yahoo of CPA. Basically, both these sites aggregate the various offers from numerous reputable CPA networks, thus making your job of finding a great, relevant offer for your website even easier. You have the ability to use these sites as a search engine for CPA offers, and you can search using either keywords, network, category, or price. So, let’s say that you’re looking for offers on mortgages or those made by mortgage companies, you simply need to type the word “mortgage” into the search bar, and you will then be presented with a list of offers. I just wanted to give you an idea of some of the common terms you may come across on these sites, thus making your job of finding something suitable a little easier. I will use the terms mainly used in Offer Vault for my example, although oDigger follows a very similar system: - - ________ Only – The word only will typically have another word in front of it, let’s say email for example. This would mean that you can only direct readers to this offer via email marketing. You may also come across terms such as “organic search”, “pay per click”, etc. Display – This provides you with the details of what’s available in terms of displaying your CPA ads, e.g. text links, banner ads, etc. - - - - Lead – This happens to be the most popular type of “action” in the world of CPA marketing. This will typically involve a visitor providing their name, address, email and telephone number, etc. Email/Zip Submit – This is probably the simplest type of CPA offer you will ever come across and is great at trying to monetize untargeted traffic. This user is simply required to provide either an email address or Zip code, and this can earn you a commission. Incent – This is basically short for the word “incentivized”, and as you may expect this means that there is some type of incentive offered to users in order to get them to sign up. This may come in the form of a free download or product. Pay per Call – As the name suggests, you will receive a commission after the user makes a call after they have clicked on your affiliate link. Download/Install – This is where you are paid a commission whenever someone downloads or installs some type of software. Publisher – This is you, the person who promotes the product. “Pixel Fires” – This is when your lead has actually been finalized and counts as a lead for you. US/UK/FR – This information will tell you that an offer is only valid in a certain country or countries. AM – This stands for Affiliate Manager and is the person you should be regularly liaising with within your CPA network. Sale or Rev Share – This information is telling you that you receive a cut of every sale. Once you come across an offer that looks like something you can work with, simply click on the offer’s listing. You will then be provided with details of the offer, which is typically quite basic, such as what type of traffic is allowed and what the user will need to do in order for you to earn a commission. If it’s something that you like then simply press “landing page preview” and you will then be greeted with the exact page that your users will typically be greeted with. So, what exactly should you be looking for from a landing page? Firstly, you will want to work with a landing page that looks both clean and professional. If for any reason it doesn’t look quite right to you or seems a little bit on the shady side, then you can almost guarantee that your traffic will feel the same, so move on and find something more suitable. Basically, this type of landing page will not convert for you. I will also add that the more forms and menus that a landing page has, the lower the conversion rate you can expect from it. With that being said, the more forms a page has, the higher Cost per Action you can typically expect, so don’t immediately be put off by a page that has many forms and menus. Spend a little time looking through the page and the offer and make an informed decision about whether this is something you would like to promote. I would say that if your traffic and users and motivated enough they will fill out just about any form, irrespective of how complicated it looks. What If You Can’t Find a Suitable Offer? You may find that you are unable to find a suitable offer, although this will very much depend on which niche you are working in. If this happens to be the case, I would urge you to concentrate on a CPA offer that provides more appeal to your actual traffic’s demographic. A prime example of this may be if you own a dating site, which historically is a niche that receives a lot of traffic. However, the dating niche is quite often inundated with youngsters, possibly 7th and 8th graders. If you are using a monetization method such as Google Adsense you may find that the ads you are receiving aren’t particularly well targeted. However, by using CPA you may be able to post ads, which aren’t related to dating, per se, but you may find offers that are related to the demographic you are working with, e.g. Xbox, PS3, etc. I would say that even if you can’t find anything closely related to your target traffic, at least try CPA before you choose to go with another method of monetization. - Join a Network If you do find an offer that looks good and that you can definitely work with then it is time to join the network which is supplying that offer. You should find that you can join the specific network by simply clicking on a link that is usually on the offer page. The application typically requires you to provide a few personal details, such as your name, address, and you will also be asked for a telephone number, which the network will call. This, more often than not, can cause problems for many affiliate marketers, as they are so used to signing up to networks and then making money without the need to ever speak to another human being. Don’t worry about the fact that you’ll have to speak to someone, or that it is highly likely that you need to complete some paperwork, as this is simply how business works in the “real world”. How to Ensure You Get Accepted by Any Network Firstly, no matter what anyone tells you, no CPA network is actually trying to make it difficult for you to join. In fact, all a CPA network is trying to do is ascertain whether you are a legitimate business and whether you will actually be sending them real leads. So, you just need to be as honest, transparent and upfront with them as possible. The following tips should help you to be accepted with just about any CPA network: - - - Call the network before they call you – If an affiliate is trying to do something untoward or has shady business practices they will do everything possible to not be noticed, or even speak to, a CPA network. However, if you call the network straight after you apply this shows that you have nothing to hide and that you are the real type of business person they are looking to work with. In fact, I have used this practice of calling up a CPA network straight after completing my application, and in many cases I have been accepted to the network within a matter of minutes of picking up the phone and making that call. Check Whois on yourself – Many networks will actually check the Whois data on a site to see if the address provided matches the mailing address you have given to the CPA network. If for any reason you have given fake details on Whois I suggest you change them to the real details straight away. Be Honest – You will typically find that a CPA network wants to know about your Internet marketing experience, and more often than not there is a section on their application form that requires certain information about this from you. Remember, you don’t need to be earning lots of money from Internet marketing, or be an affiliate marketing genius in order to get accepted. In fact, one of the first CPA networks I ever joined was when I was making no more than about $50 a month from Google Adsense and possibly one sale a month from Clickbank. The vast majority of CPA networks simply want people to be honest when filling out their application forms, nothing more. I would even suggest that if you are completely new to affiliate marketing there is absolutely no harm in telling a network that. - Your website should be designed around the CPA offer The next step after you’ve found an offer and joined a CPA network is to integrate that offer into your website. One of the best things about CPA marketing is that you can make your website look like a premium website even if you are promoting nothing more than a $1 email submit offer. Basically, what I mean by this is you should take this opportunity to make your website look as legitimate as possible without scaring off potential customers with a huge number of ads and ugly looking banners. Realistically, you can make money from CPA without your website’s advertising being “in your face” and over the top. In fact, I would even go as far to say that the more you can integrate your advertising into your website, the better chance you have of people clicking on your offers and hopefully converting. You should actually find that your overall performance is much better if you can integrate your offers into your website, and there are people who can boast of 25% plus click through rates when they have taken this approach. A prime example of a premium website which has done a fantastic job with integrating ads into their website is moneysupermarket.com. Just in case you weren’t aware, this is a huge financial website for UK users. A great example of the “integration” I am talking about is their credit card comparison tool. This is something of interest to most financial consumers, as most people would love to save money or receive a better deal. Every time they send a lead to a credit card company they receive a very worthwhile commission. I am not saying that you can’t also perform well with CPA marketing if you have other contextual links and banners on your website, but once again this is a case of trying and testing things for yourself. I would also suggest that you may wish to invest in a custom designed website, which will make your website look as professional and legitimate as possible. Custom designed should make you far more money in the long run and building links to your website should also be a lot easier. Tips and Tricks that I Have Picked Up Over the Years - - Have a Close Working Relationship with Your Affiliate Manager – I can’t stress this point enough. Your Affiliate Manager or AM is your heart and soul to the CPA network. They will typically call or email you every once in a while to let you know of new offers, or simply to see how things are going for you. I would suggest that you are open, friendly and professional whenever you speak to your AM, as they are simply doing their job. You may also find that having a good relationship with your AM can open many doors for you and you may even be able to leverage this relationship for some very exclusive deals. Commission Bumps – A huge perk of having a great relationship with your affiliate manager is the potential to get commission bumps. Possibly the best way to achieve commission bumps is to ensure you have a good relationship with your AM and try to play networks off against each other. Basically, check what offers other networks have from time-to-time. If you happen to find that another network has the same offer, but at a higher rate, there is - - nothing wrong with asking your AM if they are willing to match it. An affiliate manager won’t want you to leave for another network, so will typically do everything they can to bump up your commission rate. This could be as simple as sending a polite email, evidencing the offer from the other network and then waiting for a reply. Even for something as little as a few cents could easily work out to thousands of dollars more commission on an annual basis, so don’t take anything for granted. CPA Does Have A Dark Side You Should Avoid – There are many CPA networks out there which are extremely shady and are probably using less than legitimate tactics to entice people over to them. This is why it is extremely important that you are very careful when thinking about joining a new network. This is exactly why I suggest using a site such as oDigger prior to joining a network, and make sure you check out any relevant reviews. You will find a “Network Reviews” tab within oDigger, so simply click on this and then find the network you are thinking of joining. If you find any information pertaining to the fact that people had difficulties in getting paid or didn’t get paid at all then avoid these networks at all costs. With that being said, you should also be a little wary of negative reviews. If you come across a network that has mainly positive reviews, and the odd one or two negative ones, then this may simply be a case of sour grapes, as in users trying to send phony leads, etc. However, if all you find is a sea of negative reviews, it’s probably best to avoid the network and move on. Recommended Networks – I won’t personally recommend any networks to you, but there are a number of excellent networks to choose from in the marketplace. However, I will be providing reviews of the some of the more popular, better known and legitimate CPA networks. Admittedly, I have not personally used all of the networks that I have reviewed, but I have seen and read positive information about all of them to know that they are reputable companies. Final Two Tips That Should be Obvious I would like to provide you with a final couple of tips before you get out into the world of CPA marketing. In reality, these tips should be fairly obvious, but there is no harm in mentioning them again here. - Always check out the Terms and Conditions of any CPA offer You must always check out the specific terms and conditions of any CPA offer, as you don’t want to be putting in a lot of hard work initially, only to later discover that you have been doing something incorrectly, thus perhaps jeopardizing your chances of earning money or even staying with a particular network. A prime example of this is that certain networks, or indeed the CPA offer, may only allow for certain types of traffic. So, let’s say that you are promoting a dating CPA offer on your website, but within the terms and conditions it specifically states that you can only promote this offer via social networking and banner advertising. It also specifically states that you cannot promote the offer via Pay per Click advertising or email marketing. You must ensure that you abide by these terms and conditions very closely, as failure to do so may result in that particular advertiser stopping you from promoting not only this offer, but all of the many different CPA offers they have for affiliate marketers. This could even mean that over a period of time you have provided a number of leads or sales, thus meaning you have been earning commissions. However, if it is found that you been using sources of traffic that weren’t permitted within the Terms and Conditions, it is likely these commissions will be reversed and all that hard work was for nothing. - Only ever use White Hat Techniques to promote an offer White Hat marketing is basically using techniques which are known to be legal, correct and the proper way to do things. You should only ever use White Hat techniques to promote CPA offers, or any other offer, product or service for that matter. Once again, if an advertiser discovers that you have been using unauthorized or unethical techniques to promote their specific offers, this could see you stopped from promoting this and any future offers, potentially banned from the network, and all commissions earned being reversed. If you have come across a strategy to generate traffic, but are unsure whether this would be considered legitimate when promoting a certain offer, simply ask your affiliate manager for help and advice in this area. This shows that you are trying to do everything in the correct manner, which basically means that you should be able to continuing promoting the offer for as long as you wish, and of course ensuring that you receive your commissions on time and in full. So, there you have it, a guide to monetizing your website with CPA marketing. As with all the other guides I have provided, this is nothing more than a starting point, and there is still plenty for you to learn. However, I have provided links to certain learning tools within this guide, and your knowledge will increase once you start using these on a more regular basis. CPA marketing has certainly become one of the most popular ways in which to monetize your website, especially in more recent times. In fact, many people can boast that they make a very decent living from CPA marketing alone and require nothing more. The commissions on offer are definitely some of the higher payments available when it comes to monetizing your website, but just as with anything else it will take time and patience to learn the ins and outs that should see you eventually become a success.