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Hello everyone, as you probably already know, my name is Darelll and I started affiliate marketing in 2016.
As an aside...
In my last review I wrote about how you can make money from OK and VK social networks in the Russian market. Today we will talk about how to monetize traffic. And I will talk not about expensive tier-1 traffic, but about comparatively cheap and not so competitive (in comparison with tier-1) traffic from India.
In 2020 I got acquainted with affiliate programs that offer to make money on binary options. Of course, I've heard annoying advertisements about binary options which I did not understand before, but in 2020 I've decided to find out everything and to try all the charms of this market myself.
After I have read all possible forums (including Parnterkin) to find more or less understandable cases, I decided to study deeply what binary options are, how you can earn money and what hidden dangers you can expect.
Thanks to my earnings in CPA affiliate segment, I had some financial cushion and did not start with a bare bum.
Choice of partnership ...
After reading all the available at the time case studies, drain, tutorials, I came to the conclusion that there was nothing more or less useful on the subject on the Internet. All the speakers are reluctant to "fire" their topics, not wanting to breed a competitor. But all the same I have got some knowledge and was ready to start working.
Of course, my first choice was Kingfin and IQ Option as they are two most popular affiliate companies with the best market reviews in this field. This is the end of their advantages, as I haven't received any adequate support or normal uprating. IQ Option has unique people who do not want to pay out for those who win more than they lose, yep.
Despite the presence of deposits and good results, as you remember, I advised not to keep all my eggs in one basket and at the same time I registered in Binany, about which this review will be.
I was initially attracted by the fact that their product has the smallest minimum deposit among affiliate programs represented in the market. It means that theoretically there will be more deposits and consequently more profit.
I wanted to begin pouring traffic from Vietnam, but it turned out that affiliate program temporarily accepts only India. This is an obvious disadvantage and I hope this will be corrected in the future and I will be able to expand my geo.
I also hope that in the future this will be corrected and I will be able to extend my GEO. From advantages I can note that there is support. And in the literal sense of the word SUPPORT, Russian-speaking, and if there are any questions, guys will always help and advise, everything is nice here in this field.
Monetization ...
I am using contextual traffic and it should be said that the right campaign is the key to success. In fact, it gives 70% of the profit. Because the budget is rolled up very quickly and if you are inexperienced in this business, most likely you will simply drain your money to nothing.
Best of all in this segment converts male traffic from 20 years. The fine-tuning is always different, depending on whether you are using CPA or RevShare. I personally use CPA and my settings are adjusted based on it, so player makes minimal deposit 4$, for which I will be paid 20, 25$. Settings for advertising campaigns are not ready to drain in the public, will share them with those who are willing to work and earn, who will register at refferal link.
By the way refferential deductions here 3%. It could be better, at least for those partners who are attracting webmasters, working in the plus for affiliate links. But there is nothing to complain about, because nowadays the referral program is not everywhere and somewhere you will not get anything at all.
The pleasant fact is that there is a designer in our affiliate program, who can do turnkey creative work to your TOR for free. This is especially nice for small teams who have a designer is a separate item of expenditure, or for singles like me who are not good with Photoshop.
I got my first payout without any hold, which is also pretty nice at this early stage of my work.
Conclusion...
It is possible to earn on binary options and in particular on binaries. Of course, you have to learn all the intricacies of working in this segment, otherwise you run the risk of losing all of your deposits, but tell me please, where else is different now? Affiliate allows you to earn and does not cut deposits (for all time of my work there was not a single declines). Traffic is much easier to get than tier-1 US, which means that it is cheaper and there is less competition in this market.
Cons:
- Accepted countries: only India.
- Ref percentage 3% (can be higher)
- One-week hold
Pros:
- Excellent work of the support team
- Lowest deposit among competitors, for which they pay
- The ability to reduce or remove hold for those who have worked a long time
- Web chat to notify about changes on the exchange
- Help with making creatives
As in past reviews, I tried to objectively evaluate the affiliate program and set out all the advantages and disadvantages, I hope it will help someone. How pros outweigh the cons and vice versa - you need to decide for yourself.
Good luck to everyone, earn, do not get sick and be happy)
This review reflects the subjective opinion of the user, and not the official position of the editors.