Business
The TopRanked.io Weekly Digest: What’s Hot in Affiliate Marketing [Libertex Affiliate Program]
This week, we’re going to learn “The 10X solution to solving the Law of Sh*tty Clickthroughs” and how you can use it to make a bucket load of money today. And while we’re at it, you’ll also need a good program to monetize with, so make sure you check out our Libertex affiliate program review while you’re at it. Trust me, it’ll be well worth your time (unless you hate $1200 CPA commissions).
Quick Disclosure: We’re about to tell you how the Libertex affiliate program is pretty great. And we really mean it. Just know that if you click on a Libertex link, we may earn a small commission. Your choice.
In case you missed it, a convoy descended on Texas last week to exercise their liberty to assemble freely.
I think it was to protest something about foreign exchange rates spiraling out of control.
In any case, whatever it was about, that’s beside the point.
What I really want to work out is how I’m gonna use the concept of “liberty”, “foreign exchange”, and “Texas” to make you some affiliate bucks.
Hold on, I have an idea.
TopRanked.io Affiliate Partner Program of the Week — Libertex Affiliate Program
Liberty, Texas, and Foreign Exchange. Mash those words together and what do you get? That’s right, this week’s top affiliate program (+ one of its products):
Libertex and Forex.
Libertex is the affiliate program. Forex is one of its products.
Let’s take a closer look.
Libertex — Its About More Than Just Liberty and Forex
If you’re into European soccer teams, then you might know Libertex as the official trading partner of FC Bayern.
But, for everyone else, Libertex is nothing more than a really good, rock-solid, comprehensive trading platform.
And yes, as promised, you absolutely can trade Forex on Libertex. But why limit yourself when you can do so much more?
You see, at its core, Libertex is geared squarely towar traders looking for leveraged CFD products. That means Libertex has one of the more comprehensive CFD offerings, with everything from boring agricultural products like coffee and soybeans through to hip new things like Dogecoin and a billion other cryptos.
There are also stocks, metals, indices, oil and gas, ETFs, bonds, and just about anything else under the sun.
Basically, if there’s a thing and that thing’s price is liable to frequent change, Libertex probably has a CFD to help you trade it.
But Does Libertex Have an Affiliate Program?
Of course, we wouldn’t be telling you all about Libertex if it didn’t have a good affiliate program. So let’s get straight to the part that you really care about — commissions.
To start with, Libertex offers a ridiculously decent CPA plan with commissions of up to $1200 per qualified trader.
Of course, how much you earn depends on where the trader is from — some countries pay higher than others.
And, as for what a qualified trader is, at the time of writing, that’s a human who’s made a minimum real money net deposit of US$50 from whom Libertex has collected a gross revenue of at least US$40. But, as always, you should check the T&Cs yourself because this could change.
There are also hybrid and rev share plans on offer with Libertex, with rev share being based on net profit. Libertex calculates this off aggregate spreads or commission revenue they charge the client for trades, from which they deduct “any chargebacks, or any un-collectable revenue attributable to the Trader.”
Again, check the T&Cs if you want full details.
But, for now, all you need to know is that Libertex commissions are, generally, really really good.
Exercise Your Freedom to Join Libertex Today
So, Libertex sounds pretty good, right? Here are your options for what you do next.
- Check out TopRanked.io for our full Libertex Affiliate Program Review, or;
- Head straight to Libertex to learn more or sign up.
Either way, you can’t lose.
Affiliate News Takeaways — Bluesky Launches & Threads Hits 130M Users.
So it’s official. 2024 looks like it will be the year we get to see the battle play out between the two most viable alternatives to X/Twitter.
And in case you haven’t been following along, our contenders are none other than Mark Zuckerbot and Wizardbeard Dorsey. (Or, in case you’ve really been living under a rock, Threads and Bluesky, respectively.)
Now, I know, I know. Bluesky’s not exactly new. After all, we first reported that it was officially launching almost a year ago in our Nutriprofits affiliates review edition.
But, since then, a couple of things have changed.
For starters, when we first reported the launch of Bluesky, it was an invite-only beta. But this week, the app officially opened to the public.
Bluesky has also grown considerably since then. At the time we reported its launch, it only had about 50k users. Today, that number stands at 4.5 million, 1 million of which were added since opening up the floodgates to the public.
Of course, as impressive as that might be, Bluesky’s numbers pale in comparison to its main competitor — Threads.
As a reminder, threads hit 70 million users in about the same time as Bluesky took to gain 1 million. And, since then it has now grown to 130 million users (as of last week).
Now, I know these sorts of numbers are difficult to count with your fingers and toes. But, I’m sure even the most mathematically challenged among us can easily compute that 4.5 million vs 130 million gives Threads a very big head start.
But, while it might have the head start in the race, there’s a pretty good case to be made that Threads might not be the horse to back in this race.
For starters, while it has users, everywhere you look, the general consensus is that Threads is “boring”.
As for why it’s boring, one Reddit user managed to hit at least one part of the reason squarely on the head with just two words: “needs porn”.
Comment
byu/HangryMushroomDog from discussion
inThreadsApp
Now, of course, porn isn’t the literal answer. But, to quote a far more reliable source who hit the nail on the head in the same number of words, Threads feels “buttoned-up”.
Or, said another way, Threads is just a sterile, overly brand-safe platform that (so far) has failed to develop any real culture of its own — no one’s really posting anything worth screenshotting…
Bluesky, on the other hand, has developed a reputation for having a bit more of an active “shitposting” community. And that culture could be what sustains it into more meaningful growth… if it can avoid hitting the hyper-scale death loop that Threads did (that is, having a hundred million people click a button in Instagram, only to realize they have no idea what to do with the app that button sent them to).
Now, sure, for now, the Bluesky shitposting community does lean a little more “progressive politics” than “first amendment absolutist” for now. And that could condemn it to become another inconsequential echo chamber hidden in a small corner of the internet in the same way that Truth Social did.
But, at the same time, Dorsey has explicitly said what happened at Twitter during his time re: content moderation was wrong. This paragraph from his post announcing Bluesky probably best sums it up:
“The biggest mistake I made was continuing to invest in building tools for us to manage the public conversation… This burdened the company with too much power, and opened us to significant outside pressure… that became completely clear to me with our suspension of Trump’s account. As I’ve said before, we did the right thing for the public company business at the time, but the wrong thing for the internet and society.” — Jack Dorsey
And if that sort of “awakening” holds true with Bluesky, then it might only be a matter of time until the other red side joins in. After all, if half the fun of Twitter was trolling libs, then what fun is X once the libs disappear?
In any case, let’s forget about long-term growth prospects for Threads/Bluesky for now. That’s a battle to be settled over the long run. (Also, for the record, despite everyone still claiming X/Twitter is dead, it’s still holding strong at over 300 million users.)
Instead, let’s take a look at what Bluesky brings to the table that might make it useful.
Custom Algorithms/Feeds
The biggest thing that sets Bluesky apart — and this is the bit worth getting excited about — is Bluesky allows custom algorithms.
For starters, users have the power to choose which algorithms power their feeds. That means, if they’re getting sick of generic mommy influencers littering their feed on Threads, they can head over to Bluesky, load up a “Pepe memes only” algorithm, and get only the content they want.
That’s kinda big news if you’re a humble affiliate trying to bust through the algorithm.
You see, by having users ‘tailor’ their feed’s algorithm(s), that means that you’re no longer competing with a billion other users on an engagement-metrics-first basis. Instead, you’re competing on a much smaller, niche-specific scale with algorithms you might have a better chance of breaking through.
And then the news gets better.
The best part about the custom algorithms is that you can build your own algorithm. Then you can publish it for other Bluesky users to use (a little like how you can publish your custom GPTs on the GPT Store now).
Now, of course, publishing your own algorithm is a bit more of a technical step up over spinning up a WordPress blog and applying a custom theme.
But, there is also such a thing as Fiverr (FYI: there’s even a Fiverr affiliate program).
And, while it’s more effort, it also means you gain the power to force-feed anyone subscribed to your algorithm the content that you want them to see.
That sounds kinda useful, doesn’t it?
Custom Domain as Name Handle
Another thing you can do on Bluesky that we haven’t seen on other social networks is use your domain name as your handle.
That means, instead of being @proaffiliate123, you can instead be @bestaffiliatewebsite.com.
What’s neat about this is Bluesky hooks into DNS to verify ownership of the domain. This is a little like how you might verify domain ownership with Google using your domain name provider. But, instead of just getting access to Search Console or whatever, you instead get a “verified” Bluesky profile linked to your website.
Of course, this may not be the most useful thing for a lot of affiliates. But, if you’re trying to, let’s say, build up a reputation as having the best sports betting predictions website on the net, this could be a useful tool in your arsenal.
The Bots Return
One of the things that was great about Twitter back in the day was the free API. Then Musk kneecapped it for free users. Now you have to pay at least $100 a month if you wanted to do anything more than make a small handful of posts per month with it.
With Bluesky, however, you can now do a bunch of stuff you used to do on Twitter for free. They’ve even got a section in the documentation that’s appropriately labeled “bots”, as if they’re actively encouraging you to spam.
So go forth and bot to your hearts content.
Pull other people’s posts.
Like their posts.
Reply to their posts.
Do whatever gets their eyes on your links.
And do it at scale… for free.
Takeaway
Alright, here’s the takeaway.
- Bluesky is now open to public access.
- Bluesky is 1000x more open than any other social platform out there.
- Custom feed algorithms (make you own, get other people to subscribe to it)
- Custom bots (do everything you used to do on Twitter for free)
- It’s still early days, but there’s already 4.5 million users for you to spam.
So, if you’re feeling ambitious, here’s what I want you to do.
- Step 1: Find a dev on Fiverr who’ll code you up a custom bot/algorithm. Make it something finance-y. Let’s say something to do with macroeconomic news/analysis (scraping and GPT can help you here…)
- Step 2: Sign up for the Libertex affiliate program.
- Step 3: Get your bot/algorithm under people’s noses.
- Step 4: Make sure you plug Libertex in at least a small percentage of whatever you’re getting in front of people’s eyes.
Closing Thought — The Law of Shitty Clickthroughs
Andrew Chen is a name you might have heard of.
Or maybe you haven’t.
For those who haven’t, the tl;dr goes a little like this: GP at a16z, former head of growth at Uber, and ”writes about user growth, metrics, and network effects” here.
As for why he’s interesting to us, that’s because he has a lot of good ideas about marketing.
Now, admittedly, a lot of what he writes is very much oriented toward the fast-growing startup-with-a-product crowd. But, at the same time, a lot of it can be applied more broadly.
Which leads me to this: The Law of Shitty Clickthroughs.
In this post, Andy tells the tale of marketing “hacks” that work until they don’t. For instance, he opens with this banner ad from 1994 — the first banner ad to ever appear on the internet.
It managed to pull a CTR of 78%.
Then this (banner blindness) happened:
Which meant banners dropped to a 0.05% CTR on Facebook by 2011 (yeah, this is an old one).
Then he gives a few more examples of hacks that worked until they didn’t.
And then he finally explains the dynamics of why this happens — when marketers realize something is working for someone else, they all want to do it.
Naturally, this causes the channel to saturate.
Users become desensitized to the new “hack”.
And any “low-cost advantage” is arbitraged away.
The end result is CTRs plummet as CACs skyrocket, meaning eventually you end up back in the same place as you were before the latest marketing hack came along — the hell hole of shitty clickthroughs.
And this tends to apply to everything, whether it be advertising on Facebook, doing SEO, or whatever. (And yes, that means it will 100% apply to whatever AI hacks you’re seeing everywhere on the internet right now. To quote Andy from another post, “By the time there’s a case study about a new marketing tactic or channel, the advantage has already been arbitrage away, and probably no longer works.”)
So, what’s the point of this? Am I trying to depress you?
No, not quite.
You see, Andy has a solution.
And the solution is so good he calls it “The 10X solution to solving the Law of Shitty Clickthroughs.” Here it is:
“Get to the next marketing channel while it’s uncontested.”
Now, as for what’s an uncontested marketing channel, Andy’s answer was Open Graph and mobile notifications… but that was in 2011, so you’re a bit late to the party there.
But, if you read the news section, maybe you saw a little something about creating your own custom feed algorithms that users on a certain fast-growing social media platform can subscribe to.
You might have also seen something about how you could use that to make money with Libertex.
And finally, you might have also noticed no one else is writing case studies about this yet.
So go forth, engage “The 10X solution to solving the Law of Shitty Clickthroughs”, and make some easy money with Libertex.
__
(Featured image by SevenStorm JUHASZIMRUS via Pexels)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
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