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‘How to Make Money Online‘ is one of the most searched terms around the globe. The online arena has developed a lot in the recent past and converted into a moneymaking platform for all those with access to the internet. The search engines provide millions of related results; however, most would bring you up to the sites selling some product that often provides guaranteed ways to make money online. The fact is that most of these would never help you make money but would only take it away from your pocket because of the desire to earn more. Instead of opting for these alternatives, it is always better to go in with proven methods of money making in the online world including article writing, selling of products, services or skills and blogging to name a few. Using CPA networks is one of the most lucrative options to earn money in a shorter duration.
What is CPA Network?
CPA stands for Cost Per Action. The basic concept is that you receive a commission every time you send a visitor to the site and he completes an action. While the model is somewhat similar to the traditional affiliate marketing, there are slight variations as well.
How CPA Network Works?
In traditional affiliate marketing, you send probable customers to the retails store and get a commission only if the person buys something. The percentage commission is on the higher side and you can earn even up to 50 to 75 percent of the retail amount. The point to understand here is that the conversion rate is generally on the lower side. While you may be able to send 1000 visitors to the site in a day, chances are that most would not take out their credit card in order to make a purchase.
CPA networks on the other hand pay you even if the purchase is not done. The first page of the site asks the visitors to put in contact info along with the pin code. On every successful submission, you get your commission. While the percentage commission is on the lower side as compared to the traditional affiliate network, the number of people providing the details is a lot higher than those actually buying a product. The reason behind the same is that providing contact info does not really cost a visitor anything. In addition, one gets access to tempting deals he might be interested in.
The pay may vary from $0.5 for filling up of zip code to $200 for filling up of detailed questionnaire.
Is Opting for Less Commission a Good Idea?
This is certainly the first question to strike the mind of most. Let us look at the same with an example. In case of traditional affiliate marketing, of the 1000 visitors sent to the site, only one percent would make a sale. At $25 commission for each sale, you would make $250. In case of CPA network, about 10 percent would fill up the details and at $6.5 per entry; you would end up making $650. This means even if the commission is four times less, you would still make more money.
While Opting for a CPA Network
The number of options is many and there are a few sites, which can provide you the detailed list. Some of the well known among these includes CPAway, OfferVault and NeverBlue among others. However, before signing up with any of these, it is important to understand the terms and conditions in detail. There are certain restrictions put on by most networks including on the type of traffic you can send, the methods of promoting the site and prohibition of email marketing. Certain networks may also want you to provide traffic from a particular country. The point to understand here is that they have specialized tracking softwares to ensure that the rules are followed and any issue can lead to banning of your account.
Here are a few other points that must also be considered while opting for CPA network
- Check and ensure that they have support services for the partners
- Compare the commission rates and opt for the best alternate
- Option of different means of promotion to chose from
In order to start promoting and earning money, you can start a new website or blog, look for the correct keywords using free or paid keyword tools including Google AdWords Keyword Suggestion Tool, Keyword Discovery and Wordtracker Free Keywords to name a few and write original and interesting content based on the same. In addition, there are a number of online marketing methods that can be deployed. The method is not recommended for new affiliates, as there is always a chance of losing against the experts of the field. Another way of making money using CPA networks can be putting up of affiliate links on your site that already has decent traffic and directing it to the affiliate site.