One of the most lucrative online income streams is the casino affiliate program. Unfortunately, few people understand the concept of affiliate casino programs. Even fewer know how to get started. This article should shed some light on this topic and maybe even encourage you to dig deeper into the huge amount of money.
Affiliate programs at casinos are generally the same structure and form as any other affiliate programs. A person or company selling or promoting products or services for another company is an affiliate. The affiliate earns commissions and bonuses on any sales made. But it is the company that supplies goods or services that will handle all orders and deal directly. It is not necessary to have your own product in order to be an affiliate. But, the affiliate can still make substantial income by promoting products and services of others. Internet has made it possible for individuals to make a lot by promoting companies and brands from the comfort of their homes.
Online gambling is extremely lucrative and generates over $30 billion USD each year. Affiliate programs play an important role in online gambling. Not only are there huge profits to be made, but also because starting an actual online casino requires serious legal and licensing issues. Affiliates will not have to worry about these things. Casino affiliates have one goal: To recruit new players to their casino and earn ongoing commissions.
So how does a casino affiliate program work? How can I get started? It is a good idea first to search Google for trusted online casinos. Make sure you find one that has a decent affiliate program. It is likely that there will be difficulty recruiting new players to any online casino that has no actual players. It is best to start with large brands. You can choose to work with smaller, niche casinos as you gain experience in affiliate marketing.
Next, analyze the affiliate program. The most common error is to assume the program will pay you in any way you like. Many casino affiliate programs allow you to choose from a variety of payment methods, including Neteller, Moneybookers and bank wire. However, there are some that will only accept checks. You should also note that not all casino affiliate programs will allow you to pay by PayPal. This payment processor is used in many mainstream affiliate programs knowyoursong.com.
After you are happy with the fact the casino is very popular and that it can pay you, it’s time to make a critical decision on the revenue model that you should choose. You will need to choose how your commissions are calculated for many affiliate programs. There can be many variations. You can choose to earn commissions by revenue share (%) and cost-per action (CPA) in general.
Affiliates will receive a percentage (%) of all revenue generated by recruited players. It is usually between 25%-50%. The player must remain active at the casino and play there. CPA-models are a one-time bounty. The player will receive it when they play at the casino with real money.
The choice of model is a matter if your personal taste and preferences. CPA deals can bring in a lot of money quickly. However, if your goal is to build a long-term affiliate casino business, a revenue sharing model might be better. CPA-bounties typically range from $100-$200 USD for each player, but the average player generates between $50-$70 USD of revenue per month. You may also be able to attract a high-roller player to your casino, which can help you generate huge profits over the course of months, or even years. You can also choose your own preferences.
Once you have decided on your revenue model, you will probably have signed up for the affiliate program. You should review the marketing materials before you start to promote the casino games and any other casino websites. This is the core of every affiliate casino program. It is what you will use to attract new customers. You will have difficulty finding new players if you don’t have the right marketing materials, such as text links and banners. This is not a problem as many affiliate programs excel in this area.
Every marketing material will include your unique affiliate link embedded or readily available for you copy and paste. This means that if someone clicks on any marketing material (a banner, for example) that you have posted elsewhere online, you will be credit if they sign up at the casino and start playing. You can do the rest by simply marketing online. There are numerous articles and websites about this topic.
Let’s not forget that marketing traditional products and services can be harder than casino affiliate marketing. Online gambling is very competitive. But again, this is because of the huge rewards that can be reaped when compared to traditional affiliate marketing. Bottom line, being a casino affiliate can bring in much more income!