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Make money with CPA (Cost Per Action)
What is CPA and how can I make money with CPA? Well if you have ever been doing affiliate marketing or niche marketing, then I’m sure that you have come across the term CPA at least once. CPA is often referred to the “fast way” to make money online due to its simplicity. But do you know exactly what it is or how to make money from it? Well, don’t worry if you do not know, because I’m going to explain it for you if you keep on reading. CPA might be you big breakthrough online, who knows? I made my first $1000 with CPA networks just a month after enrolling!
What is CPA?
Let’s first start with the meaning of the term “CPA”. CPA stands for two different things, cost per action and cost per acquisition. Cost per action means that your website visitors, email readers or ad-clickers just have to do a specific action. It can be anything from entering a valid email address and name in a form or registering for a free website. These things are most often free (except for trial offers) to do and are also referred to “cost per lead” since you’re sending a potential customer to their service. Cost per acquisition on the other hand means that your visitors/readers actually buy something from your affiliate. This is almost like tradition affiliate marketing where you are the third party serving as an advertiser for someone else and get paid in turn for each purchase of their product or service. Cost per action pays less then cost per acquisitions do, but they are a lot easier to get and they have made CPA one of the easiest way of making money online as of today.
Registering for CPA networks.
Registering for a CPA network may seem easy, but it’s not as easy as you think. In fact, CPA networks tend to be very picky with who they recruit. This is because they hate people trying to cheat the system or lacks knowledge on how to use it. A normal process for registering for a CPA network would include the following:
* Entering personal information, such as address, name, email and phone number.
* Explaining how you plan to promote their CPA offers.
* Describing your previous knowledge in online marketing and making money online.
* Provide links to websites you own so they can see your previous work.
* Talk on the phone with their affiliate managers why you should get approved by them.
Many people fail at the last one; convincing them on the phone. They will call you within 1-7 business days after registering if you did not provide enough detail asking how you plan to promote their offers, and what previous knowledge you have about CPA. It would be wise to study how CPA works before signing up for any CPA network, also you can find free guides on Google on what you can answer when they ask you specific questions. Trust me, if you get in you will not regret it, because you can make a lot of money with this, if done right.
How does CPA work?
If you’re accepted in to one of the many different CPA networks you will get some hundred different offers to promote, sometimes a thousand. As we said earlier, there are two types of offers, one that only requires a lead and another that requires a purchase. When selecting an offer to promote you will see that it has rules that you must follow. These rules for this specific offer can be for example: only Canadian and US visitors are paid for and they must not be promoted via email or social bookmarking. This means that you will only get paid when a Canadian or US person completes your CPA offer, and if you’re found promoting it wrong they can take the money back from you. Simple free cost per actions are pretty easy to get people to complete for you, it usually only requires the visitor to fill in his/hers zip code or email. The amount of money you get for these are most often between $1 to $10 per lead. If you’re doing cost per acquisition then you can expect between $10 to $50+ for each sale you generate.
How to promote CPA offers.
Promoting CPA offers is done the same way as you promote anything else on the Internet. If you have ever promoted affiliate products before you may know that most products uses an affiliate link that you use to send your visitors through to the product page. This affiliate link is unique to you and for every lead/sale that occurs from a visitor that came through your link will give you money. In most CPA offers you will also have the opportunity to use pre-written emails and pre-designed banners to put on your website. Some offers also gives you the opportunity to promote them with CPC-advertisers such as Google AdWords, however this is risky since it costs money. There is also something called incentive CPA offers. This is mostly not allowed, but some CPA networks allow it. Incentive CPA offers lets you offer rewards to people who completes your offer. For example you might get $2 for everyone that signs up for a website, then you give the person who signed up for the website 50% of your profit.
An example of a CPA offer.
I’m sure you have seen people promoting things such as “Free Amazon gift card worth $1000” or “Become an iPad tester”. These are some cost per action offers that usually gives the one promoting them about $1 to $4 per every lead they send. If someone just fills in their zip address or email they get paid. As said before these are the most common offers you will see since they convert the best. Free things will always attract people’s attention, and if you can send enough traffic to that ad you will get paid.
The CPA networks have practically revolutionized the way people make money online nowadays. Unlike the old affiliate programs you are able to profit within hours from CPA without even having a website, you might be promoting them on twitter or whatever you want! However, there is a downside to CPA as well, even if it’s not that easy to see at first. The downside is that CPA offers come and go, some might only last a month or two and others might last for years, it’s all up to the advertiser. So building a business is around only one CPA offer will not be a smart choice, however since you can easily just pick up another offer to start making money with it’s not that big of a deal.
If you’re looking for great CPA networks to join then may I suggest some of the best ones out there for you? These are: NeverBlue.com, PeerFly.com and MaxBounty.com. These are some of the top performing and most well paid CPA networks, however there are hundreds of more out there. So if you want to make money online fast promoting everything you can imagine, then CPA is for you. Just make sure you read everything you can and learn from others in the business. There are plenty of e-books, articles and forums about CPA out there so I’m sure that you will learn very fast. Have a great day and never stop trying to make money online and learning new things!
What is CPA?
Let’s first start with the meaning of the term “CPA”. CPA stands for two different things, cost per action and cost per acquisition. Cost per action means that your website visitors, email readers or ad-clickers just have to do a specific action. It can be anything from entering a valid email address and name in a form or registering for a free website. These things are most often free (except for trial offers) to do and are also referred to “cost per lead” since you’re sending a potential customer to their service. Cost per acquisition on the other hand means that your visitors/readers actually buy something from your affiliate. This is almost like tradition affiliate marketing where you are the third party serving as an advertiser for someone else and get paid in turn for each purchase of their product or service. Cost per action pays less then cost per acquisitions do, but they are a lot easier to get and they have made CPA one of the easiest way of making money online as of today.
Registering for CPA networks.
* Entering personal information, such as address, name, email and phone number.
* Explaining how you plan to promote their CPA offers.
* Describing your previous knowledge in online marketing and making money online.
* Provide links to websites you own so they can see your previous work.
* Talk on the phone with their affiliate managers why you should get approved by them.
Many people fail at the last one; convincing them on the phone. They will call you within 1-7 business days after registering if you did not provide enough detail asking how you plan to promote their offers, and what previous knowledge you have about CPA. It would be wise to study how CPA works before signing up for any CPA network, also you can find free guides on Google on what you can answer when they ask you specific questions. Trust me, if you get in you will not regret it, because you can make a lot of money with this, if done right.
How does CPA work?
If you’re accepted in to one of the many different CPA networks you will get some hundred different offers to promote, sometimes a thousand. As we said earlier, there are two types of offers, one that only requires a lead and another that requires a purchase. When selecting an offer to promote you will see that it has rules that you must follow. These rules for this specific offer can be for example: only Canadian and US visitors are paid for and they must not be promoted via email or social bookmarking. This means that you will only get paid when a Canadian or US person completes your CPA offer, and if you’re found promoting it wrong they can take the money back from you. Simple free cost per actions are pretty easy to get people to complete for you, it usually only requires the visitor to fill in his/hers zip code or email. The amount of money you get for these are most often between $1 to $10 per lead. If you’re doing cost per acquisition then you can expect between $10 to $50+ for each sale you generate.
How to promote CPA offers.
Promoting CPA offers is done the same way as you promote anything else on the Internet. If you have ever promoted affiliate products before you may know that most products uses an affiliate link that you use to send your visitors through to the product page. This affiliate link is unique to you and for every lead/sale that occurs from a visitor that came through your link will give you money. In most CPA offers you will also have the opportunity to use pre-written emails and pre-designed banners to put on your website. Some offers also gives you the opportunity to promote them with CPC-advertisers such as Google AdWords, however this is risky since it costs money. There is also something called incentive CPA offers. This is mostly not allowed, but some CPA networks allow it. Incentive CPA offers lets you offer rewards to people who completes your offer. For example you might get $2 for everyone that signs up for a website, then you give the person who signed up for the website 50% of your profit.
An example of a CPA offer.
I’m sure you have seen people promoting things such as “Free Amazon gift card worth $1000” or “Become an iPad tester”. These are some cost per action offers that usually gives the one promoting them about $1 to $4 per every lead they send. If someone just fills in their zip address or email they get paid. As said before these are the most common offers you will see since they convert the best. Free things will always attract people’s attention, and if you can send enough traffic to that ad you will get paid.
The CPA networks have practically revolutionized the way people make money online nowadays. Unlike the old affiliate programs you are able to profit within hours from CPA without even having a website, you might be promoting them on twitter or whatever you want! However, there is a downside to CPA as well, even if it’s not that easy to see at first. The downside is that CPA offers come and go, some might only last a month or two and others might last for years, it’s all up to the advertiser. So building a business is around only one CPA offer will not be a smart choice, however since you can easily just pick up another offer to start making money with it’s not that big of a deal.
If you’re looking for great CPA networks to join then may I suggest some of the best ones out there for you? These are: NeverBlue.com, PeerFly.com and MaxBounty.com. These are some of the top performing and most well paid CPA networks, however there are hundreds of more out there. So if you want to make money online fast promoting everything you can imagine, then CPA is for you. Just make sure you read everything you can and learn from others in the business. There are plenty of e-books, articles and forums about CPA out there so I’m sure that you will learn very fast. Have a great day and never stop trying to make money online and learning new things!
How to make money with PeerFly CPA
PeerFly is a one-of-a-kind CPA (cost per action) based affiliate network. It is filled with over a thousand different CPA offers that you can use in order to make money. The PeerFly website and system is unique and custom built which in turn means that it will not have to rely on some pre-built unreliable coding. The amount of money you can make with PeerFly is literally all up to how much you are willing to work, and how smart you work. With an average conversion rate of about 8% through all offers available I’d have to say that PeerFly is one of the best CPA networks I have come across during my time online.
Signing up with PeerFly.
OK, as you might have figured out already, the first step to making money with PeerFly is to sign up. Signing up and using their service is 100% free and will not take long at all. You do however need to submit a bit “private” information such as zip code and address, but you don’t need to worry about that since the PeerFly team is very professional and will not share, rent or sell your personal information.
You will also have to explain how you are going to promote their CPA offers. If you have a website where you plan to market the CPA offers you will have to mention it. Also, you will have to mention what type of traffic that you will mainly be sending, such as PPC, PPPV, search engine, social media or other traffic. This information is necessary for them to determine your intentions.
I will go through some ways of making money with PeerFly in this article which you can use in order to get accepted as well.
How to make money with PeerFly.
There are plenty of ways to make money with PeerFly since it’s a CPA network. But first you need to know how CPA works. Therefore it might be wise to read this article first.
The first thing you should do when you have been accepted is to find a CPA offer that has a good conversion rate, a good landing page and a great offer for the person you’re sending to it.
Conversion rate is the percentage of all person sent to an offer that took action and either purchased something or submitted the information needed in order for you to make money from it.
A good landing page should be up-to-date looking, preferably 2.0 web design or similar so that it’s visually appealing.
It should also require minimum information from the visitor. With minimum information I mean that it should not ask the visitor to fill in a whole form in order to sign up. Good converting offers are usually email/zip offer where only one of the two are required to be entered. These offers usually earn you between $1-$3 per each person who completes them.
A great offer would be something that is currently very hot on the market and is not yet promoted by a lot of people. An example would be an offer about testing and keeping iPads when they just came out on the market. These offers can sometimes convert well over 10% and give you up to $2 per conversion. So if we do some basic math, if you send a thousand visitors to that offer it would generate everything between $200-$400 depending on how targeted your traffic is.
Now that you have selected an offer that you think will convert well it’s time to look at how you can promote it. Each offer has different requirements set out by the advertiser. Some advertisers might not want you to use the offers in emails, some does only allow traffic from certain countries and so on.
Let’s say you have an offer about making money online. The offer is allowed to be promoted via search PPC, CPV/PPV, contextual, banners, twitter and emails. It is also only converting from US, UK and CA visitors. So let’s take a look at how you can market that offer.
1. PeerFly ads and search PPC.
When trying to make money from CPA via search PPC (pay per click) offers you need to be very cautious. Search PPC means to use search engine advertising networks such as: Google AdWords, Yahoo SM or Microsoft adCenter (Bing). You need to know how bidding on keyword work and what keyword you should put your money on. You also have to know if the offer you are marketing will convert well enough for the PPC campaign to become profitable.
I would advice people to not use PPC campaigns if they are not very familiar with them since the cost of keywords are going up due to more competition and it is easy to find yourself wasting money.
2. CPV/PPV with PeerFly.
Also known as cost per view/pay per view. It’s works in a different way than CPC and CPM does. When using PPV you pay for each view on your CPA offer. These views usually has a really low conversion rate. Your CPA offers will be shown in pop-ups etc on different websites or peoples computers that has Ad-ware on them. The bidding system works pretty much the same ad for PPC but at a much lowers cost.
I would not really use this if you don’t have a really eye-catching offer that people wont just get annoyed and click down as soon as it pops up.
3. Contextual CPA marketing.
This is a great way if you have somewhere to write blog posts or articles. Let’s say that you have read my other article on how to make money on HubPages, so you now already have a HubPages account with about 500 followers. Now you simply need to write an inspiring article about your offer and send people to it. This can generate hundreds of conversions if you do it right, trust me I have tried it myself. It also works great if you run your own blog or if you have a software or similar that can send out your articles to hundreds of article directories. The sky is literally the limit with this method.
Do I need to say anything here? If you know a place where you can put up the already created banners then you’re set to go. A thing that worked great for me when I was promoting a gaming offer was to contact a gaming website owner and split the profit with him. This ensured that I didn’t have to do any work since he was already getting a steady stream of visitors to his website in the first place.
5. Promoting PeerFly ads on Twitter.
Simple, if you have a lot of followers that actually reads your tweets, then give it a go. You can also find people on services such as Fiverr.com that are willing to blast your links several times to thousands of twitter followers for only $5. Amazing, right? Just make sure that you are not directing your followers directly to the CPA offers as that is not allowed. Instead you could set up a small landing page linking to your offer. A landing page does not have to be complicated, you can create one fast with services such as Weebly, Blogspot or WordPress.
6. CPA offers in emails.
Have you ever heard that the money is in the list? Well, it’s kinda true when it comes to PeerFly’s CPA offers. If you have built an email list (preferably on aWeber) you will be able to both put your subscribers email in different categories, such as “people who wants to make money online” or “people interested in dogs” etc. You will also be able to geo-target them according to their IP address, which is a huge advantage when it comes to CPA.
Email lists tends to convert pretty well, especially if you have a close relationship with your readers and if you send out free offers. Just imagine having 10´000 or more people in your email list and everyone of them wants to make money online. If you only write a short and interesting email and then include a link to a free money making offer, how many do you think would convert? A lot.
Building a list can be a bit harder than just setting up a blog, writing articles or doing PPV marketing. But in the end I would say that this is probably one of the best (if not the best) way to make money with PeerFly. I will create an article later on explaining how you can build an email list and what the possibilities are to make money from it once you have one later on, so stay tuned for that!
So those are some of the ways you can make money with PeerFly’s CPA network. Since you now know a bit how they all work I would advice you to dig deeper in to one that fits you the best before applying to PeerFly. One you apply, simply tell them how you plan to market their CPA offers and I’m sure that you will get accepted if you mention one of these ways. By the way, PeerFly does not allow incentive offers, meaning that you offer something in return if someone completes an offer for you. In other word you may not say something like this “You get $1 if you complete a free offer for me” or “You get an eBook for completing this offer”. If you want incentive offers then go to BlamAds or CPALead or MediaKash.
When it comes to geo-targeting CPA offers, some ways are better than others. As you may know there is barely any way to target a specific county on twitter, but with PPV, PPV, blogging and email lists you can narrow it down pretty well for maximum conversion rate.
When and how do I get paid?
Now when you know how to make money with PeerFly I’m pretty sure that you also know how you are going to cash out that money and when you are able to do so.
PeerFly offers a Net 30, Net 15 and weekly payments to PayPal, postal check, ACH (US Only), or bank wire. The minimum payout limit is only at $50 which even a child could achieve in no time at all with a decent strategy.
PeerFly’s referral program.
Did you think an awesome CPA network like PeerFly didn’t have it’s own referral program? I hope not! They offer a 5% commission from each referral for life. So as long as your referrals are earning money, you will get a share. There is no limit to how many people you can get as referrals, so aim for the stars. However, remember that not everyone will get accepted in to CPA networks such as PeerFly. Yes, I know that peerfly allows everyone, but they still need to prove that they are worthy to join first. So why not help them out?
Customer support.
A company without a good customer support is not a company. PeerFly gives you the ability to both chat live with them through their website as well as personally contact them with your questions via email, fax, AIM, twitter or phone. Now that is what I call a dedicated customer support. These guys are not some shady money makers hiding their personality, tricking people.
The PeerFly reward program.
This might just be for the really successful people, but I think it was worth mentioning since I found it pretty funny. PeerFly has a reward system where you can get rewards for earning money with them. The more money you earn per month, the better rewards you will get. You can either chose to get the reward in pure cash or as an item. The reward are ranging from everything from a $10 Amazon gift card to a Mustang V6 Premium. So if you’re ready to try PeerFly, then why not give it a shot and be the first one to bring home that sweet car.
Conclusion.
I have been writing a lot of conclusions lately, but I suppose it’s a good thing to do, so I won’t stop now. PeerFly is a great custom build customer friendly CPA network that is really worth the time when trying to make money online. If you can’t make it here, then you are doomed to fail at every other CPA network as well. A good idea would be to contact an affiliate manager on PeerFly for extra information on what is currently trending and so on, so that you could maximize your profits.
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