How To Make $3,493 Commissions Without Doing Any Selling
Basics about payday loans:
A payday loan – which might also be called a “cash advance” or “check loan” – is a short-term loan, for no more than $1000, that is typically due on your next payday. They’re used most often by people who lack access to ordinary credit – often those at or near the bottom of the economic spectrum. During the past few years payday loan industry has been increasing dramatically all across the United States. It has even been stated that currently there are more payday lenders in the US than McDonald’s or Starbucks, which reflects the fact that now people are more in need of fast money than of fast food. There are now more than 20,000 across the country, while McDonald’s boasts in a bit more than 14,000 locations. What do Americans take payday loans for?
As you see from the statistics above, the majority of people take payday loans for urgent or regular expenses. There are some other reasons why people might want to take cash advance. Eg, it’s convenient: payday lending institutions are often open outside regular working hours, and it’s always possible to obtain a payday loan online. Filling out an application and receiving cash advance only takes you a few minutes. The only limitations are that you have sufficient income and have never defaulted on another payday loan in the past.
That all together means that type of loan was, is and will be actual as long as the financial institutions exist. A webmaster in a lead generation financial sphere can definitely benefit from that situation, let’s find out how.
The main thing is to choose the right Affiliate Program.
Whether you’re already involved in payday lead generation space, or you have been performing in other vertical and decided to give payday a try, you know how important it is to deal with the right program. Affiliate networks struggle every day to keep their affiliates satisfied and prolong the most valuable partnerships as far as possible. However when it comes to money, very few would pay a substantial reward for high quality leads. But LeadsGate payday affiliate network does: now every publisher has a chance to receive $180 just per one lead, and that’s far not the only of its “perks”. Let’s take a deeper insight.
That was fall 2014 they came out to the American public, however one would not say so since they have already firmly established their position in the niche. LeadsGate affiliate program is truly customer oriented:
Except the highest possible payout in the niche (up to $180) mentioned above here are some benefits and innovations LeadsGate is proud to have:
· Rebill system. LeadsGate works according to the principle “Once your client – always your clients”. In the majority of networks you won’t get paid if your client applies for a loan once again (let us say, he has just remembered the direct URL and hasn’t previously clicked on your banner). In general, a man “addicted” to payday loans, applies for it 8 times a year.
· Payment for declines. If your leads have been declined it doesn’t mean you won’t be paid for them. With LeadsGate, you can earn extra 5-15% on declines.
· Referral program. That’s the feature lots of network have already implemented, however LeadsGate has higher percentage in comparison with others – 5%. If you know anyone who operate in payday vertical, you can send him unique LeadsGate invite and receive 5% from the revenue he or she generates.
· Auction based leads selling system. That’s the unique feature of LeadsGate with the help of which your leads are sold at the peak prices. Your lead is being performed on the internal LeadsGate’s auction thereby covering 100% of advertisers and maximizing your chances to be bought at the highest payout.
To sum up, here is the screenshot from their website:
Payday loan and a webmaster: traffic types and tips
The majority of people search across the Internet when they are looking for payday loans. They may look at Facebook groups, see an add or banner, or simply google “payday loan California”. Anyway, in the end they are redirected to a website with a form they need to fill in in order to receive cash. Let’s find out how you as a webmaster can generate traffic effectively for that particular niche:
· SEO traffic. It’s the most effective and profitable way to generate payday traffic. Noteworthy, it is characterized by the highest possible conversion – like 70%.
· PPC. lang=”EN-US”> May be a bit expensive at the beginning, but it worth the efforts spent if you develop competent tactics. Google AdWords/Bing ads converts really well, however you will need to have the right keywords and target properly.
· Banners / Display Ads. lang=”EN-US”> You may place banners on the variety of resources (not necessary financial ones), the only thing is that you need to adjust targeting properly (the same as when running a PPC campaign).
· Mobile and other type of traffic: Mobile traffic also has a place to be in payday niche, on a par with social media traffic for example. These marketing methods are not that often to be used, however if you have an experience in this particular lead generation type and have a proper strategy for applying it to payday vertical, why not?
The types of traffic described above are not the only ones that LeadsGate accepts, but the ones that perform best. Here are some options describing how you can work with LeadsGate:
LeadsGate can also provide you with unique and highly convertible offers if you work with banners or drive PPC campaign, for example:
You may want to take a look at the particular example of driving traffic to LeadsGate to make sure that everything is real. Here are some screenshots from the account of an affiliates who generates SEO traffic and drives it to LeadsGate network. It works!
Opting for the affiliate network with a strong focus on one prime area and a vast tree of lenders you would definitely benefit. Just a simple analogy: when you need to buy sneakers, you should probably go directly to a sports shop rather than to a shoe supermarket since a store specialized in sport shoes will definitely have much more to offer. If you want to monetize your payday leads in the most effective way, then you should start with a network that knows all the perks and pitfalls of that industry and can deliver the best results to you. That’s why LeadsGate payday affiliate network will be a perfect choice.