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| | #2 |
| Antonios Join Date: Nov 2010
Posts: 124
Thanks: 20
Thanked 31 Times in 17 Posts
| ![]() ![]() ![]() I have been doing CPA on PayDay loans for a few years and conversion is a disaster. PPC campaigns are too expensive and I don't work them. Luckily, I found a PayDay company that serves my region, and is the only one that does it. This makes it somewhat profitable since I have the monopoly in my region, no competition. Even with that it doesn't convert as I think it should. Nation wide I haven't had any luck; that is USA. Tried UK but it seem the same. Probably, Australia. Haven't found PayDay loan offers for other countries. Probably there is an excessive competition. Sincerely, Antonios |
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| | #3 |
| Active Warrior Join Date: Jul 2011
Posts: 55
Thanks: 2
Thanked 4 Times in 3 Posts
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They do convert. They are seasonal. Running now is a challenge, picks back up in NOV, DEC. Then again in March. Day after bank holidays are great. Other tips I will keep to myself, sorry. You just day part, hour part. Takes bidding high and jumping in with the big boys. To run payday loans you must think and act like a marketer, not just an affiliate arbitrager. |
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| | #4 |
| Active Warrior Join Date: Jul 2011
Posts: 80
Thanks: 0
Thanked 20 Times in 15 Posts
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I ran across a guy once that did nothing but payday loans. He would buy the data of people who filled out a payday loan offer in the last 24 hours and would email then many different payday loan offers over the next 30 days. I think the theory was that anyone that gets a payday loan that a certain percentage are likely to do it again in the next 30 days. Also, anyone that that opened a message or maybe it was if they clicked through to an offer, then they were automatically sent another payday loan offer. I have had good luck, but as BlisteringROI stated there are times they work better than others. But I'm not using targeted mailing lists as I described above. Which I may try as I have my own custom mail platform and can easily program the unique feature stated above, which I plan to add regardless. |
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| | #5 |
| Active Warrior Join Date: Mar 2009
Posts: 96
Thanks: 0
Thanked 4 Times in 4 Posts
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MOST of payday loan affiliate program operators are NEVER willing to pay.
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| | #6 |
| Warrior Member War Room Member Join Date: May 2010
Posts: 14
Thanks: 0
Thanked 1 Time in 1 Post
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If your website is in the top-5 of google/yahoo/bing, the conversion is really good. Otherwise, you will have many leads but only a few of them get sold.
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| Best payday loans affiliate network in the industry - 200+ lenders - T3LEADS.COM | |
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| | #7 |
| oreynoso Join Date: Oct 2011 Location: Phoenix
Posts: 17
Thanks: 8
Thanked 2 Times in 2 Posts
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Payday leads do convert. Like BlisteringROI said, they conversion rate is higher around the holiday season. Try to find a Lead Generation/ Marketplace that has an exclusive lender like Leadpile and you'll have a better success rate.
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| | #8 |
| HyperActive Warrior War Room Member Join Date: Nov 2009
Posts: 275
Thanks: 14
Thanked 69 Times in 43 Posts
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Payday loan offers definitely convert. I would stay away from the long form offers and focus on the really short form. Don't get wooed by the high payouts of the long form; they can be notoriously hard to convert. Some of the payouts on the short form offers can seem like they would be hard to work with, but the conversion rates on those can more than make up for that. |
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| | #9 |
| Senior Warrior Member Join Date: Jun 2008
Posts: 4,127
Thanks: 10
Thanked 507 Times in 401 Posts
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| Tags |
| convert, days, loans, offers, payday |
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