Hi guys,
I'm new around here, but i was wondering... what happens if you find a great offer to promote with good CTR, pretty nice enough to scale it big! But you don't have the money
, i usually play texas holdem, and for this sort of things, for the good players are other players that stack them, in exchange of a percentage of course. Does this happens also to this "niche" of the affiliation world?
Let me know what you think,
Cheers
I think staking in the poker world is not really comparable to cash flow problems in the affiliate business since staking is usually a longer term plan. In the affiliate industry you will usually be able to get your payments within a month if you work with a network. If you scale really big then most networks can pay faster.
The best would be to have some cash reserved for scaling IMO. It would be a pity if you spend $2k on testing an offer and then have nothing left for when you are profitable, you've basically flushed your 2k down the drain.
Yeah that's what i was talking about, sometimes tests, are really money consuming, and users can't scale big enough because they run out of money. But if the campaign is profitable, i would definitely give a shot to the user, and stack him, in exchange of a percentage. On a large scale it should be also pretty profitable as a system. Of course, with serious and certified users... what do you think?
The first time I had to scale a campaign for real I maxed out all my credit cards, applied for as many cards as I could (after about the third one I started getting denied for applying for too many in a short period of time), maxed all those out, then maxed out all my husband's cards as well. Luckily the network paid out!
Personally I'm not sure I would participate in what you're suggesting, simply because it would be really, really hard to implement. If you're a lender do you trust that the affiliate is actually running the campaign? Or do you demand access to their dashboard, since screenshots are so easily faked? In that case, as the affiliate, do you really want a super affiliate poking around your account and seeing part of a profitable campaign of yours?
This is a really shady industry, and there isn't a lot of trust between most affiliates. I think you'd have to overcome a lot of hurdles to make all parties feel comfortable with such a system. I also think you'd run into a pretty big turnover problem, but hey, no companies ever made it big without challenges.
From the perspective of a staker it is not as interesting because the cashflow issues could be solved quickly by the affiliate. In that case you need a new horse (as they call it in poker) perhaps every two weeks. When looking for horses to stake you probably find more scammers then legit affiliates with cash-flow problems.
I was thinking about that as well, but it could be solved by managing the campaign yourself and sharing the revenues with the one who made the tests. If you build enough authorship to gain their confidence by paying them regularly, i think you would have plenty of tests to scale big.
if you generated over 1k under a week you can get a weekly payout from your CPA networks
Some networks will pay you even faster than weekly if you have a good relationship with them. Just let them know that you need paid in order to keep the traffic rolling and they will most likely help you out.
Multiple CC's, 1-2 payments weekly from multiple networks, and in 1 month you'll be cruising.. unles you're trying to spend $10k a day right away!
If you get to a sufficiently large enough scale to work directly with some advertisers, you can even manage to get prepaid for the leads you deliver to them in the future.
About a quarter of our activity is done on a prepaid basis, which obviously does wonders for cash flow management 