Starting my affiliate network... advice
- Thread starter JasonBentley
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Just want to make sure that you have this in perspective... Let's say an advertiser is paying every 15 days and you have 10 publishers, doing 100 leads/day each (@ $35 a lead to the aff.). That's $35,000 a day. That's also $245,000 a week. Can you float $245,000 and wait another 8 days before getting paid? Remember, this is over $500,000 per "pay period" from the advertiser.
Make sure you can handle the volume if you're asking for it man. Not being a dick, but keep that in mind.
I think you're close Hannah , but still a little bit under it.
I said the other day to a guy in the chat that you need at least a MILLION in terms of a open commercial credit line or alternative to fund a "real" network.
MANY advertisers pay net 15 or net 30 , leaving you with up to 38 days out on getting payment from an advertiser that you have paid to affiliates on a weekly payment.
Every network should have a goal of attracting "Super" affiliates, but even then, there are plenty of guys who can do $5k/day on just one network. $5k/day from one affiliate X 45 days you have to cover before you get payment = $225,000 and that's just ONE affiliate, and we all know that $5k/day is change compared to what some guys push.
Jason, you should seriously be listening to these guys. With all of the fraud that is out there you could get yourself into some serious financial issues really quickly.
Maybe just run a few financial lead offers with your better publishers/advertisers? If you keep it small it won't require much to get it going.
Get cheap software (not network). IME, financial lead buyers will gladly pay weekly and the pubs will gladly get paid bi-weekly.
After a successful campaign or two perhaps you will have the cash reserves to build a bit. Take baby steps.
A lot of folks here relate everything to copeac type networks but if you are doing financial as a niche, there will be little to no "float" and much, much less legal headache. Dealing with fraud is the big issue, but if you say you have trusted pubs....
good luck!
Get cheap software (not network). IME, financial lead buyers will gladly pay weekly and the pubs will gladly get paid bi-weekly.
After a successful campaign or two perhaps you will have the cash reserves to build a bit. Take baby steps.
A lot of folks here relate everything to copeac type networks but if you are doing financial as a niche, there will be little to no "float" and much, much less legal headache. Dealing with fraud is the big issue, but if you say you have trusted pubs....
good luck!
If you are such a shit hot PPC guy and don't want to work for anyone else, why not just become an independent affiliate doing what you already know how to do?
Take your couple grand and invest it in media buys and make mad bank no?
Take your couple grand and invest it in media buys and make mad bank no?
With $2,000 you should learn how affiliate marketing works from the affiliate point of view and you might easily double or triple that amount. I've never actually tried advertising CPC programs before but I know there are vast differences compared tp CPA. You may just find out half the stuff you learned while working with CPC is totally useless when you start doing CPA. You really have to spend a good few months actually learning this business before trying to lead it.
Yeah if I were you I would wait and learn from the publisher side of things first. It does not seem like you have a good enough grasp on thing in the marketing world yet. Sry bud.
As everyone else has said before, you should get some more experience in the business side. Maybe you can start by working for another company since you already have a book of clients. After that you can save up some more money, gather up investors and then maybe start it.
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