CPL program for list building?

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As one of the list building tactics I'm going to use for my new Forex site, I was considering a CPL affiliate program.

Has anyone else tried this for newsletter only sites?

It seems that most sites that use CPL pay out $5-20 and have a low conversion rate due to the amount of information required from a qualified lead. I was thinking offering something like $0.40 per lead from a standard name/email landing page that converts currently at about 55%.
#internet marketing #cpl #forex

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