I want to buy MGID ads worth $500 and promote crypto offers. Any tips?
By the way, how much will I have to spend here for convert a high converting offer that pays out $600? The AM says the EPC is between $3 and $33.
I also want to promote smaller crypto offers that pay between $0.5 and $4 with this. I have a similar question for my thread on Evadav but I believe the game is different for MGID and native ads...
Hey so I haven't run much MGID specifically but I can speak to some other points.
First I'd have to flat out say running a $600 payout offer on a $500 budget would not be smart.
That level of payout demands a starting budget of more like $5k to test, and that's assuming you already have experience running native on with that platform and know what to look for.
How much you have to spend to get a conversion is going to depend on how good of a media buyer you are. You could easily end up spending $2500 to get your that $600 conversion if you do too many things wrong. One good part about running a high payout offer like that is many are scared to do it for this reason, and you could be seeing net ROI in the range of 1-200%+ after everything is optimized, but that only comes after a LOT of spend and data collected.
Definitely not a newbie or even intermediate friendly offer. Would be far better to get paid for lead, which you should be absolutely be tracking regardless.
While it can be useful to compare offer EPC to correlate with how much you're spending per click to an offer (eCPC), that really comes more into play after you have your own data to work with.
'EPC is between $3 and $33' really only tells me that the offer seems like a strong performer, assuming its doing good volume. Have to remember that a publisher(eg you) could be paying anywhere from a fraction of a cent per view(eg PPV) to dollars per click (eg PPC) for traffic so EPC as a performance metric is relative.
If this is your first time running on native I'd strongly advise the small payout offers or getting paid per lead.
Offer is the most important thing to focus on, followed by ads, and then your lander.
With good enough ads, you can lower your CPC bid to drastically change profitability of a campaign, while making the same performance change with a new lander is much more difficult.
Agreed -
The only way I would ever run an offer with a massive payout like that on native would be on a VERY specific whitelist of widgets/pubs that I had already done tons of conversions on with similar offers.
Or, if you have 6 figures to spend getting the offer dialed in and are 100% confident you'll be able to keep running it long-term (and own the offer) then maybe I would run it blacklist or otherwise attempt to 'dial things in'.
@wealthycpa, what I would recommend, as you seem to have access to good cost-per-lead crypt offers in the 0.50-4.00$ price range, is to find a native network that allows whitelist (Revcontent for instance does allow it- although they don't call it whitelist) and then run those cpl offers until you have a good list of "crypto-friendly" websites where such offers have proven themselves, and then at THAT POINT consider running the 600$ one to those specific websites/widgets.
Or you could even run cypto cpl with the high payout as an "adjunct" offer- basically, run the cpl ones with a backbutton redirect or popup that leads to the high payout one- or the high payout one as an "ad" on the landing page you have for the cpl ones - that way you're not reliant on the high payout one by itself in order to get the campaign profitable/optimized.
Hope that helps!
PS I could be mistaken but I believe crypto offers are doing better in Push than in Native currently. I could be wrong but seem to have heard that somewhere... I think this is logical as I would imagine the crypto universe only appeals to a small (but profitable) % of the population, so its easier to reach that % with push since the clicks are cheaper, etc, and you're not having to spend as much money reaching all the people who would never convert at all no matter the medium.
@thedudeabides That was helpful indeed! Thank you. 
What do you say about starting a crypto-based youtube channel and instagram and still promote these high ticket items along with low ticket items? And I keep experimenting with paid ads till I reach the stage of promoting high ticket items with paid ads...
@jack_l What do you think about Evadav push traffic and targeting cheap click countries. There are many countries where I can pay between 0.5 cents and 2 cents and still there is a high volume of traffic... ?
Also, would promoting the CPA offers on Instagram and Youtube channel on the side, a good idea?
A youtube channel about crypto could definitely attract the right traffic to convert such offers. But, I'm not sure about the rules youtube has when it comes to verticals like this. Some of these crypto offers are just outright scams, so I would say there are chances you could lose your account when promoting them. Just speculating here though, didn't look into it personally.
@matuloo I can try a number of platforms at the same time like instagram, etc. too along with different veriticals. So, if the crypto gets me banned I have a backup. Also, I can check with those who know better about youtube. I have seen many videos on youtube featuring crypto currencies and people promoting them. Sadly, I did not know how to start and promote a youtube channel then...
Standard crypto offers that you will find on many affiliate networks are just outright scams, just like binary options or tech support call. So make sure you due your due diligence before you start promoting anything.
How do I know a crypto offer is legitimate? I just found the 'featured' offers from affpaying.com for affiliate networks that had great reviews and one of the affiliate networks just focuses on crypto and binary. It seems that's not enough. Any more measures I can take to check fraud?
Pretty much every crypto offer on the big network is a big scam if they are able to offer you a payout of $500+.
People sign up, deposit their first 250 dollars and are then scammed into depositing more.
There are stories of people who have lost their life savings because of these scams.
I am surprised that so many big networks are still running these offers. Seems there is not much of a moral among the networks.
Agree, yet it's debatable. Gambling can be called a scam too. And even here media buying too if not used responsibly. People who are reckless can blow their life savings on anything. These days online courses too can be considered 'scammy' and far worse when they sell for 10s of thousands of dollars worth of information that can be got for free on youtube or google.
Till 2017, bitcoin was always on the rising trend since 2010 and those who knew about it early were already millionaires or made a tonne of money. It suddenly slumped down in 2017/2018 but then again rising... And now there the option to pay and receive money in bitcoin, ethereum too, along with bitcoin exchanges, atms. Just like sex, it's the way we take it... pleasure or sin? 
@matuloo How I know this one is a scam? I believe you - yet get tempted by the glorious reviews and high payouts, along with high EPCs. Then I suddenly saw the same offer on other leading affiliate networks with less pay like $400, instead of $600, everything else remaining the same. The networks also has 5 star reviews in all it's feedback and also here on STMforum. I can even say a hello to the affiliate manager here! The name here is same as the skype contact I have of that network. They also put up an offer of lotter(w hich is an authentic gambling portal) worldwide. Payout is $60, it seems beginner friendly... Thoughts?
@stickupkid That network and their AM is on here. May I ask them to clarify? I don't want to spoil relations with STM or them.
@stickupkid that's why I joined in here, so i don't make big beginner mistakes! And thankful for your support.
Much appreciated!
@matuloo I see a gaming/gambling offer. Not surely what exactly they do, but they offer 500 units of a crypto and a $0.5 to $4 payout depending on GEO. Does that seem scammy? It's in the recommended list of a reputed network.
What you think about lotter, the famous worldwide gambling company? Promoting their offer with a $60 payout is good for a beginner?
@matuloo I will stick to your advice. Then as a newbie there's always the temptation to make quick and easy money. Gambling and crypto always offer that- be it on their own or through cpa affiliate marketing. Perhaps that is with the adult niche too. I made a tonne of in 2017 when cryptos started exploding and wished I had bought bitcoins in 2010 -2012. That network is on here. I am thinking of pinging them and entering this discussion. It's always interesting to hear both sides of the story... I was in a spiritual retreat with a reputed lawyer who defended dreaded gangsters and when I asked him if he felt guilty... He said that all he did was speak for a person who was dumb and could not say anything for himself. Sorry for going off track...
I have tagged @ariel_algoaffiliates Hope to see the other side of the story.
@thedudeabides @stickupkid @matuloo @eurosen I am reading your replies again now... and can "feel" that you shared after traveling the path yourself.
Thanks for correcting me with your wisdom from your personal experiences. 
@eurosen I still think it's still a "gray" area, but I know now for sure it's not for me right now.
I personally would buy a lottery ticket now and then, many governments promoting them too. Have made good money trading with cryptos (governments hate cryptos) in 2017. Nor can I stop compulsive gamblers... who would gamble on their life's savings irrespective of who "provoked" them.
A year flew. When I look back this looks so crazy indeed! I think the best way for this would be to collect email leads and use email marketing. Warm up the list and take things slowly. Like use the $500 of traffic cost on mgid or whichever network and combine it with word of mouth marketing. This should be good enough to build a big list. Then make sales over a period of time from the blog. This should be the best investment of the $500 than blow it overnight with a direct linking or risk the $500 "testing" different offers.
Answering my own question! But was thinking loudly on how our thoughts/ideas change over a period of time. 
@mcstacks great, thanks for sharing. @matuloo shared an interesting service ynot mail. Perhaps they allow. Just check with them. They don't allow gambling but perhaps are fine with cryptos.