Limited offer: 10% on Press Release and Project Awareness Packages – use PR10 at checkout. Click to copy.

Register

It’s 2022, and everyone is looking for a way to earn passive income. Affiliate marketing is performance-based marketing where a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s marketing efforts.

Cryptocurrency affiliate marketing is a new type of blockchain marketing. People can earn cryptocurrency to promote a company’s products and services. It’s a win-win situation because you can promote crypto coins and earn coins, while the company you promote benefits from your efforts.

This article will explore the concept of cryptocurrency affiliate marketing and how it has been used in recent years.

Learn the Basics: How Cryptocurrency Affiliate Marketing Works

Affiliate marketing is one of the best ways for businesses and organizations to introduce new potential customers to their products or services. This strategy is quite effective in the cryptocurrency niche. Many projects are applying this model to reward existing users for enrolling new customers to their platforms.

This is how it works: an affiliate creates a promotion and offers it to the merchant. The merchant provides the advertisement on their website in exchange for either a flat fee or a percentage of the sale. If someone buys something with the offer code, the affiliate earns a commission on that sale, or they are paid out of that person’s purchase amount.

In most crypto marketing affiliate programs, users are given a unique link from their crypto project to invite friends. This link helps both users and the project track how many new customers have signed up. The rewards range from simple discounts, for instance, in trading charges to high monthly gains.

The users with affiliate links don’t have to invest any money – only their time. Thus this strategy involves low risks while giving high potential returns. Additionally, it’s easy to get started, and it does not require any skill or prior knowledge.

Affiliates are not employees of this business but instead work independently to promote its products and services or create project awareness. This means that affiliates can advertise any service without worrying about conflict-of-interest issues.

How Much Does one Earn from Affiliate Crypto Marketing?

Crypto exchanges are the platforms that allow fiat currency conversion into cryptocurrency. They are also where you can trade cryptocurrencies. Some of these exchanges will pay you for referring people to their platform. The amount they will pay you varies from exchange to exchange and has a lot to do with how much traffic your link brings in.

Many factors can affect how much an affiliate earns from a crypto exchange, including the conversion rates of different currencies, the number of transactions made on the exchange, and whether or not there are any restrictions on withdrawal limits.

The best way to find out how much an affiliate program pays is by signing up and checking out their offers.

The best bitcoin and crypto affiliate programs have a lot of potentials to generate revenue, but they also have a lot of competition. Certain exchanges offer a commission of up to 50%. Some of these programs include:

  1. Binance Affiliate Program
  2. Changelly Affiliate Program
  3. Coinbase Affiliate Program
  4. Ledger Wallet Affiliate Program
  5. Trezor Affiliate Program

How to Create an Effective Cryptocurrency Marketing Campaign

The cryptocurrency market is relatively new and volatile. It has become a popular investment option for many people, but finding reliable information about the cryptocurrencies themselves is also increasingly challenging. This article will help you create an effective cryptocurrency marketing campaign.

There are many steps to take to market a cryptocurrency effectively. The first step is to create awareness of your coin and what it can offer the world. You should also ensure that your currency has a good reputation and is well-reviewed by other crypto experts.

Another critical aspect of marketing your coin is making sure that there are plenty of exchanges where people can buy or sell your coins and make sure that there are enough wallets for storing them securely online or offline.

Tips for Running a Successful Affiliate Program

The tips for running a successful affiliate program are:

  1. Easy Return Policy

One of the most important aspects of a successful affiliate program is to have a product with an easy return policy. This helps ensure that the affiliates will not be afraid to promote the product to their audience. This way, they will not have any qualms about recommending it to their audience, and there will be no risk of them losing credibility in the eyes of their audience for promoting a product that doesn’t work well or is not worth buying.

  1. The customer should feel appreciated and rewarded for their efforts

Many businesses offer rewards to customers for doing things like reviewing products, signing up, or following them on social media. These actions are incentivized with points, miles, prizes, or other awards like free items or discounted rates.

  1. Track and Monitor the Program

It is essential to have a system to measure the affiliate program’s success. This means setting benchmarks for KPIs such as conversion rates, revenue generated, and average order values. Not only will this help you with growth opportunities, but it will also ensure that your affiliates are successful too.

Conclusion

The cryptocurrency market is booming. It is growing at an exponential rate. The demand for crypto has increased, and so have the prices. This has led to many people joining the industry as affiliates of crypto exchanges. They are earning a lot of money by referring people to sign up on these exchanges and start trading cryptocurrencies.

This niche has several service providers who want to cash in on cryptocurrency’s cashless phenomenon. Many exchanges, lenders, and marketplaces pop up every so often. However, most of them disappear just as quickly as the promise to get rich fast.

The cryptocurrency industry is still young, but the competition is getting stiffer every other day. Today, there is a plethora of cryptocurrency projects providing similar or related services. Of course, this does not imply there are no gaps to fill in the crypto space. It’s one of the most promising industries ever seen, especially due to the technology behind it

The impact of blockchain technology and cryptocurrencies is global, and many countries are adopting this world-changing innovation. There are thousands of blockchain and crypto projects already, and we are yet to see more with the ongoing trend. However, startups must invest heavily in marketing if they are to make it in this competitive sector.

This article focuses on developing countries and presents the best marketing strategies crypto startups can use.

Direct Messaging

Whether you choose to send emails or text messages, they all go a long way. Text messages are more likely to be seen and receive a response, but email marketing sounds more professional. Startups can gather emails and contacts of the target audience and send messages and emails directly to them. A typical email may not be quite convincing. Chances are high the audience will ignore the notification. The best solution would be to hire a professional marketing company to design the emails and messages. It should capture essential details about your project in a simple but appealing manner.

Email marketing is a convenient and cost-effective marketing strategy that crypto companies can use to communicate updates about their project. Companies can track what happens after an email marketing campaign and know whether to tweak a few things.

Airdrops

What better way to capture the audience in a developing country than by providing free crypto coins? The blockchain and crypto world is a little complex for an ordinary person to understand quickly. Most of them will run away from these projects, especially with the thought of it being a scam. However, sending free tokens is a sure way to win them.

Airdrops remain one of the most common and effective marketing techniques in the crypto space. The more airdrops your project delivers, the more popular it becomes and gathers a larger audience. It is a great way to get people to know about a new project.

Social Media Marketing

Social media is home to everyone. Whether you are targeting developing or developed countries, social media is a must-have. Facebook, Twitter, and Instagram support a global community, thus making them a great place to start. You can look for forums or groups on these platforms that focus on specific countries and use them to reach your target audience. Also, you can create a page and focus on developing a loyal online community with members from particular countries. Engage the audience, ensure you keep them updated with regular posts and updates and make sure all concerns are addressed adequately.

Influencer Marketing

Every country has a set of social media influencers who have millions of loyal followers. They are a great way to help you grab the attention of your target audience through influencer marketing. What’s most critical is to know the right influencer for a crypto project. Different influencers are popular with specific content, so companies must look for those whose content resonates with the industry.

Startups can then reach out to the ideal influencer and brief them about their project, including the critical aspects. Also, they should maintain a follow-up and review progress to determine if there is a need to change tactics. Most influencers have an active following on all major social platforms so that they can be part of your social media strategy.

Search Engine Optimization (SEO)

One of the biggest go-to places for cryptocurrency and blockchain enthusiasts is the internet. Millions of people scour the internet to learn about the crypto industry and specific projects. As such, SEO becomes a great strategy for getting the word out about a crypto project. Optimizing your website content helps it rank high on search engines and will therefore get easily noticed.

Your SEO ranking depends on several factors, including keywords, project reviews, social media mentions, and shares. High social media mentions will resonate with a high SEO ranking, so your company should leverage its social media presence to maximize its SEO strategy.

Affiliate Marketing

Affiliate marketing is significantly similar to influencer marketing. However, you don’t necessarily need to look for a popular social media influencer for affiliate marketing. Anyone can become an affiliate marketer if interested in your project. You can spread different sales and marketing functions to other affiliate marketers and pay them based on a commission. The commission could be a percentage pay per sale, click, or lead.

Wrapping Up

Marketing may seem like a single aspect of every business, but the truth is that it takes a combination of several elements to form a successful marketing campaign. The overall goal is to make your brand known and acceptable in the target market, so it must involve many modifications to suit even the cultural aspects of your audience.

Every country has different sets of people with diverse demographics. The marketing efforts should focus on all these aspects, which means having various appropriate marketing strategies.

Free Consulting

Get a Free 30 mins consulting session with our industry experts. Clear your doubts, know where your project can be improved, take everything to the next level and much more!

Free Consulting