Are you tired of advertising on platforms with transaction fees?
There are many alternatives to marketing tactics of earning a commission to promote another company’s product or service online. The most common is affiliate marketing, in which the merchant pays the affiliate for every click or conversion earned.
If you wonder whether Affiliate Marketing is Worthy, let us remind you what usually happens and some pain points you should consider.
1. Signing Up Can Be Extremely Difficult
The process of signing up to such platforms can be a real pain.
Some companies can approve your request right away. Others will make you wait hours or days or even weeks. Many others will make you jump through a series of emails and communications or ticketing systems and then reject your application.
2. You Never Know What Will Be Successful
What converts and what does is not always a straightforward way, you would have thought.
User experience does count for something when you are planning your marketing efforts for such kinds of platforms. You sometimes have to throw everything at the wall and see what sticks.
3. Revenues Will rise and fall
Your income will go up and down for many reasons, including website transactions, shifting trends, and the end of programs that were converting well for you.
This is why it is risky to put all of your eggs in one basket. If your income comes from multiple resources, you have a mix of options avoiding the risk of seeing your income drop significantly if your situation changes.
4. Stats Manipulation
Advertising networks are not always as honest as their marketing implies
The nature of tracking is that stats will never match up a hundred percent, but sometimes the difference is so significant that the affiliate program cannot hide the fact they are ‘cooking’ commissions. Stats manipulation is a real problem.
5. Minimum Payments
The minimum payment is a necessary evil in the advertising platforms world. Companies are not expected to send payment every time an affiliate makes a two-euro commission.
Unluckily, the nature of minimum payment limits means that affiliates do not get paid for all their generated sales.
High minimum payment thresholds can cost marketers a lot of money.
Join wadata now
In Wadata, we change the rules of the rewards programs and the affiliate marketing for eshops!
Your clients will be able to:
- Redeem points from reward programs in any business!
- Exchange points with other members and between programs
- Earn wadata coins on every transaction
And you will gain more happy customers with low acquisition costs.
➡️The best part of it? Every week a new reward program is available!
And suppose you doubt a marketing platform for advertising with and a loyalty marketplace that will open new channels for more customer acquisition and satisfied users. In that case, we give you some more reasons:
Cutting-edge technology that ensures the quality of the application functionality. With servers in data centers across Europe and programming language compatible for IOS / Android, the wadata application guarantees a unique user experience.
The wadata team
The co-founders of wadata have been specializing in loyalty and reward programs for over 25 years. Our partners include people with extensive experience in CRM, loyalty, customer engagement, and customer experience.