Every operator/brand lies to you

Hi to all new and existing affiliates,

Did you know every brand or operator in the financial sector (especially the very unregulated binary options industry) lies to you?
It all starts at that one booth or that one standard Hi, we want to do business with you email. After a while you notice that EVERY brand tells you they are or offer you:

- The best converting offer
- The fastest and most reliable paylord
- Highest CPA or revenueshare deal
- Countless small b*llshit reasons their brand is the best

Are they honest in this? Ofcourse not, they send out this email to thousands of affiliates and their salary is based on basic income+ some % on sales. At conferences they repeat the same b*llshit to every affiliate, especially if you tell them you are new!

Now, here comes the funny thing..... This year I promoted a whopping 100+ brokers (financial operators) and guess what.....

ONLY the 3 brands where I personally know the manager and can get along with i.e. get a drink together, have a laugh, go for a dinner outside of the conference etc. CONVERT! Isn't that strange? Isn't that so strange that I suddenly start to believe that affiliate links after all are only to be checked by the operators side leaving the affiliate staring in the dark about his true conversions and/or sales?

I mean if I wouldn't know a guy from Mexico sending me $50k of traffic, why wouldn't I tell him he sent $40k and keep an extra $10k for the company or even in my own pockets, how can he know anyway?:) Well, to be honest... this is the case with most brands!

For instance: how is it remotely possible that I send one brand certain amount of traffic and I get $42.000 in one year and an other brand got exact the same amount of traffic and guess what... only $500!!!! If it was around $11k or $17k it would seem ok and just less converting but this is the ultimate proof. I am thinking of starting my own affiliate network where I send screenshots of my side to the affiliates daily or weekly, to show there is no scraping going on (WHY HAS NO OTHER BRAND OFFERED THIS FEATURE YET????)

I would like affiliates to stand up for their rights and rethink about any brand they are promoting where they think there is something wrong. Also if your promoting any brand via a network rethink the network as well because theres ANOTHER middleman who can scrape you.

This post sounds like I am outrageous and I am in fact. As I am sure I got scammed around..... $100k this year? If it is not more, and I am trying my best to be an honest full time affiliate, sometimes taking 8+ hours for a brands review.

Brands that are honest and 100% won't scrape:

Plus500
Stockpair
365Trading
Optie24
Interactive Option

Brands that are honest and 100% won't scrape:

Plus500
Stockpair
365Trading
Optie24
Interactive Option

This information is based on your personal expierence with the mentioned brands?

Quote:

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Originally Posted by denuz01

For instance: how is it remotely possible that I send one brand certain amount of traffic and I get $42.000 in one year and an other brand got exact the same amount of traffic and guess what... only $500!!!!

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We see this every day in the casino side. Some brands convert better with some traffic. Ask any affiliate here and they will tell you that.

I'm not saying you're wrong, but you wanted to know how it was remotely possible. That's how.

Thanks Gamer. I will check out those sites and join some of the affiliate programs.

I agree with Renee.

You can say that brand a and brand b got the same AMOUNT of traffic, but it was NOT the same visitors.

Sure, some players will sign up at 2 or 3 or 4 recommended properties, but the gaming dollars will not be evenly split among all 4 of those properties.

I can name many examples of casinos that almost every affiliate on the planet claim are among their top programs, but I see WAY WAY lower conversions from as opposed to other brands. (comparing apples to apples such as comparing 3 or 4 rtg's combined or 3 or 4 playtechs combined) In many cases I have even tried sending more than double the amount of visitors to some of the brands and yet some brands with lower traffic numbers (from my sites) out perform what others call the best.

It is just one of those anomalies, and it has been happening since the beginning of affiliate programs.

Now there are times when you do see this happen, that you can sit down with a rep from a group and try and figure out what you can do to change things, but if you find yourself NOT trusting the brand it would likely be a futile experiment.

Without at least a bit of trust, you are certainly better off sticking with what is currently working for you.

Overall, I do in fact mostly trust most of the brands I work with, I got a few old programs that I am taking a closer look at due to their under-performance, and I am hoping it isn't because something is going on that would cause me to lose trust with them, but I also think as a general rule it is dangerous to use a blanket idea that almost all programs are not to be trusted.

I do agree though too, that in the binary and forex markets, it is a little more difficult for me to be as trusting, but you have shown that there are brands that are willing to go the extra distance to earn your trust. I encourage you to keep an open mind and give a few more brands the chance to earn your trust back. (while staying cautious at the same time)

It is this very thing that has likely kept me from entering the forex or binary markets. (it kinda bugs me that most refuse to call it gambling and they keep using words like investment)

Rick
Universal4

What is Sweetbet thanking Gamer for? I have those 5 brands listed.

and in reply to both Rick and Renee, I still stick to my opinion. It is not possible to earn 1/84 with same traffic and yes same visitors.

Ask any affiliate here and they will tell you that. Renee that makes me sound like a complete noob.

Quote:

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Originally Posted by denuz01

Did you know every brand or operator in the financial sector (especially the very unregulated binary options industry) lies to you?
It all starts at that one booth or that one standard Hi, we want to do business with you email. After a while you notice that EVERY brand tells you they are or offer you:

- The best converting offer
- The fastest and most reliable paylord
- Highest CPA or revenueshare deal
- Countless small b*llshit reasons their brand is the best

Are they honest in this? Ofcourse not, they send out this email to thousands of affiliates and their salary is based on basic income+ some % on sales. At conferences they repeat the same b*llshit to every affiliate, especially if you tell them you are new!

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It's called "marketing puffery" ... best xxx, fastest yyyy, highest zzzz. They are obvious overstatements.

Approaches like this are made in almost every industry and no-one should take any of the claims at face value.
Treat the words as you would an ad on TV ... exaggeration and hype.
:evillaug:

Quote:

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Originally Posted by denuz01

What is Sweetbet thanking Gamer for? I have those 5 brands listed.

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My bad. I mixed up the names :) sorry.

Quote:

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Originally Posted by denuz01

Ask any affiliate here and they will tell you that. Renee that makes me sound like a complete noob.

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Quote:

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Originally Posted by denuz01

and in reply to both Rick and Renee, I still stick to my opinion. It is not possible to earn 1/84 with same traffic and yes same visitors.

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I agree with Renee & Rick --- it is possible.

In the past, I've worked with programs that seemingly tried not to convert traffic.Some programs mysteriously disabled links/landing pages. Others required "live support" who would never respond.

Others were partially my own fault - I didn't do enough trust building on my page and when the visitor clicked, they were taken right to the signup page. It was too early in the process to give them a signup page, as I did not do enough to build value and trust in the brand.

Whether my fault or the program's fault or a combination of the two - it is definitely possible to convert well for one brand and have crap conversions for another.

Quote:

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Originally Posted by denuz01

Ask any affiliate here and they will tell you that. Renee that makes me sound like a complete noob.

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That wasn't my intention.

I will give you an example. There are a few affiliates who post here on GPWA who earn XX,XXX per month with us. There are also some who we cannot get conversions at our brands with if my life depended on it. Those affs send the same traffic to another brand who converts as well as what the others are with us and vice versa.

I've been with Rewards almost ten years and I can tell you this is not an isolated thing. Some traffic converts amazingly at our brands while others do not. This doesn't make you look like anything other than another webmaster who has found that this is the case with their traffic.

I'm also a binary affiliate and certain brands simply perform better than others for other reasons than the aff programs scamming you.

There can be multiple reasons why some brand can convert different than another for the exact same traffic, such as: website of brand A looks more convincing than B, aff link for website B already sends player to signup page while A is sending them to a specific landing page with additional info and videos rather than direct sign up, brand B has many negative reviews on the web, brand A is a popular name in the business and has various offline and TV ads and as such people recognize and trust it more, brand B does not have feature X that brand A does have.

The point is, there are so many variables and you can't just conclude that two distinct brands should convert the same for the same type of traffic.

But then again, the binary scene is pretty chaotic at this point. The rule of thumb should be to not promote brands that are known to be shady when it comes to practices involving players. Even if you sincerely don't care about the players and are interested only in the money, why would you want promote a brand that is known to be shady? - If they are perfectly fine in defrauding players what makes you think they won't do the same with you?

Fortunately, binary options are slowly becoming regulated in different countries (talking about proper countries not Cyprus etc.). There are already brands that pretty much can be trusted and are refraining from the common scam tactics such as fooling players into making "recommended" trades which they then lose or simply stealing their money. If you want to be a legit financial affiliate these days, it's perfectly possible. You most likely won't get the $450 and $500 CPAs anymore if you aren't very big but your conversions should definitely be better if you promote the legit brands.