The top game development companies are becoming more competitive as thousands of online casinos compete to attract new customers to their businesses. Affiliate marketing is one of the most effective ways to ensure the retention of new and existing customers. There are many ways to promote online casinos such as PPC, SEO, trade shows, media promotions, and comparing investment and results, but affiliate marketing wins the ROI race. Let's take a deeper dive into online casino affiliate marketing and the importance of affiliate marketing in online casinos.
Online casino affiliate marketing is like the advertising model that online casinos use to build proper exposure to their business through various third-party providers. These third parties promote casinos through their own platforms and generate both traffic and leads. In return, the company rewards these affiliates by offering commissions based on the leads and traffic they generate. Partner companies find a variety of productive ways to promote their company's services and products. Affiliate marketing has grown in popularity due to the influence of the internet and has proven to be very effective.
Affiliate marketing can be described as an outcome-based marketing program where the company runs the sales process and then is outsourced to a wider network through affiliates. It is one of the most effective and oldest marketing strategies combined with media advertising, pay-per-click advertising, and proper SEO.
Easy Tracking: The online casino software is usually integrated with an affiliate system or affiliate management module that tracks the performance of the various affiliate partners associated with the online casino. Through her websites of various partners, you can rate and review the traffic and leads generated for your online casino platform. Ads and banners on various affiliate websites can be analyzed to identify the best-performing websites and plan and evolve your affiliate marketing strategy accordingly.
Performance-based Commissions: People, especially entrepreneurs, tend to find it easier to pay after the purchase than to make an up-front investment with no guarantee. Affiliate marketing is totally dependent on the affiliate's performance and guarantees high ROI. You already know that paying commissions to affiliates can bring you a lot of money.
Enhanced Online Presence: Good casino affiliates have a notable reputation among players in the online casino industry as they publish honest and informative articles that prove to be beneficial to players. Therefore, advertising on affiliate sites increases the credibility of the casino and increases engagement with online casinos.
Measurable Growth: When you invest in affiliate marketing, you can easily measure the growth of your affiliate business because you have a clear picture of how much you invested and how much profit and prospects you will generate from that investment. You can calculate every dollar you spend and every cent you generate through affiliate marketing. Knowing your earnings accurately makes it easier to pay your partners for their work.
Revenue Sharing: Through this model, a percentage of the casino's net revenue generated by players referred by the affiliate is distributed to the affiliate. This model is preferred by most affiliates as it guarantees long-term earnings. It also proves to be a good option for operators as it motivates affiliates to attract quality players that help the casino generate long-term revenue. The percentage of sales paid to affiliates varies from casino to casino and is often negotiated between both parties depending on the leads generated.
Cost Per Action: This is a model where the casino offers partners a fixed rate for the player. They are only offered for registration of players in online casinos, but in most cases, affiliates are paid when a player deposits or bets a certain amount in the casino. In most cases, the casino operator will increase the rate according to increased referrals from affiliates.
Mixed Models: Casino operators apply a bespoke approach to various well-known partners. For example, a casino operator may offer an affiliate a combination of her CPA and a revenue-sharing scheme. It depends on the relationship between the partner and the casino operator. Better relationships open doors that are profitable for both parties and enable win-win deals.
If you are looking for a trusted casino game development company that can offer you a state-of-the-art affiliate system with all exclusive and advanced features, then Betfoc is the right choice. We are one of the top game development companies that provide comprehensive casino software solutions with all futuristic features. We can adapt the affiliate system of our online casino platform to your specific requirements.