1 00:00:00,240 --> 00:00:05,250 All right, so I've got a great question from Laura here, and Laura is a student of this course, and 2 00:00:05,250 --> 00:00:09,650 she said, what's the difference between CPA marketing and affiliate marketing? 3 00:00:09,690 --> 00:00:09,970 OK. 4 00:00:10,320 --> 00:00:14,610 Because obviously one of the lectures that I went out and I put out in the original version of this 5 00:00:14,610 --> 00:00:16,540 course was that you could potentially use. 6 00:00:16,560 --> 00:00:18,960 And I just remade it, which is the video you just watched. 7 00:00:19,920 --> 00:00:21,960 You can potentially use CPA marketing as well. 8 00:00:21,990 --> 00:00:22,240 Right. 9 00:00:22,260 --> 00:00:23,430 So you can use affiliate marketing. 10 00:00:23,450 --> 00:00:27,480 You can also use CPA marketing, but you might as well just use them both because they're very, very 11 00:00:27,480 --> 00:00:27,880 similar. 12 00:00:27,930 --> 00:00:28,200 OK. 13 00:00:28,590 --> 00:00:31,560 So to recap what that actually is, affiliate marketing. 14 00:00:31,650 --> 00:00:37,110 You are getting paid to refer a customer to a product or service and you're getting a for that. 15 00:00:37,350 --> 00:00:40,320 We'll use this as a terrible example while they try a better one. 16 00:00:40,350 --> 00:00:41,880 These are headphones that I use for editing. 17 00:00:41,890 --> 00:00:42,070 Right. 18 00:00:42,480 --> 00:00:47,220 So if I go out there in the editing portion of this course and I recommend that you go out and purchase 19 00:00:47,220 --> 00:00:50,910 these editing hot headphones because it allows you to hear the sound quality more. 20 00:00:51,050 --> 00:00:54,420 Krispin, you know, it's a really real game changer. 21 00:00:54,450 --> 00:00:59,040 It's going to let you make, you know, better production, quality videos by editing better whatever 22 00:00:59,040 --> 00:00:59,820 the sales pitches. 23 00:00:59,850 --> 00:01:00,070 Right. 24 00:01:00,360 --> 00:01:04,080 And I recommend that you go through the affiliate link in that actual lecture and purchase these headphones. 25 00:01:04,320 --> 00:01:07,290 Maybe these headphones cost fifty dollars and I get you to purchase them. 26 00:01:07,530 --> 00:01:09,720 Well, the company makes fifty dollars, so they win. 27 00:01:10,050 --> 00:01:11,340 You get headphones that are great. 28 00:01:11,370 --> 00:01:16,470 So you win and I win because the company pays me or Ferral Commission for sending you to purchase these. 29 00:01:16,470 --> 00:01:16,760 Right. 30 00:01:17,010 --> 00:01:18,590 Maybe that referral commission is five bucks. 31 00:01:18,600 --> 00:01:19,590 Maybe it's 30 bucks. 32 00:01:19,590 --> 00:01:19,800 Right. 33 00:01:20,080 --> 00:01:25,290 So the company is still profitable at, you know, maybe five to 10 bucks if this costs them ten dollars 34 00:01:25,290 --> 00:01:26,070 to make or whatever. 35 00:01:26,070 --> 00:01:26,850 Right there. 36 00:01:26,940 --> 00:01:29,620 They they haven't done or spent any marketing dollars does. 37 00:01:29,690 --> 00:01:31,770 I referred you and I made the sale for them. 38 00:01:31,980 --> 00:01:33,380 So everybody wins here. 39 00:01:33,390 --> 00:01:33,540 Right. 40 00:01:33,600 --> 00:01:39,270 That's affiliate marketing where I refer a customer or you refer a customer to a product or service 41 00:01:39,270 --> 00:01:42,040 or a company who then pays your ferral commission for that, OK? 42 00:01:42,330 --> 00:01:46,870 Or an affiliate commission now with CPA on the hook, it almost went this way. 43 00:01:46,890 --> 00:01:49,710 We'll say Ofili markings ever here with CPA. 44 00:01:49,710 --> 00:01:53,460 On the other hand, you're not actually referring a sale or customer, right? 45 00:01:53,460 --> 00:01:58,320 You're offering a potential sale of potential customer and a lead to a company. 46 00:01:58,350 --> 00:01:58,510 OK. 47 00:01:59,040 --> 00:02:03,990 So if I were to say, you know, I don't know, maybe the same company that created these headphones 48 00:02:04,200 --> 00:02:08,520 went out and they created a landing page where they are doing a giveaway to say like, hey, if you 49 00:02:08,520 --> 00:02:12,620 sign up to their email list, every hundred person is going to win a free pair of these. 50 00:02:12,660 --> 00:02:12,930 Right. 51 00:02:13,380 --> 00:02:16,140 And they've already identified what a potential lead is worth to them. 52 00:02:16,140 --> 00:02:21,140 And they've already identified what they're willing to pay a CPA marketer like yourself or me to refer 53 00:02:21,140 --> 00:02:26,520 a lead to them, because they know that every lead maybe is worth a dollar fifty then potentially because 54 00:02:26,520 --> 00:02:30,840 they convert a certain amount of people and they're willing to pay 50 cents or a dollar per lead that 55 00:02:30,840 --> 00:02:32,310 they get because then they're still profitable. 56 00:02:33,000 --> 00:02:33,780 That doesn't make sense. 57 00:02:33,780 --> 00:02:35,790 Just rewind the video, rewash that. 58 00:02:35,790 --> 00:02:37,780 It'll all make sense if you watch it like once or twice. 59 00:02:38,460 --> 00:02:43,740 So to recap, with affiliate marketing, I'm referring you to buy this and then I get a commission for 60 00:02:44,040 --> 00:02:46,380 referring the sale with CPA marketing. 61 00:02:46,410 --> 00:02:49,980 I'm just telling you, hey, sign up for this landing page potentially, whether you're giving your 62 00:02:49,980 --> 00:02:54,510 name, your number or your affiliate, your e-mail, a lot of times the best converting. 63 00:02:54,510 --> 00:02:55,500 One little caveat. 64 00:02:55,530 --> 00:03:00,180 I know this isn't a CPA marketing course, but the best converting CPA marketing links are usually the 65 00:03:00,180 --> 00:03:04,110 ones and CPA marketing offers are usually the ones that are single Opt-In. 66 00:03:04,200 --> 00:03:04,440 Right. 67 00:03:04,710 --> 00:03:09,000 So you only need to get the person to sign up with their email through the link because everybody's 68 00:03:09,000 --> 00:03:10,130 willing to give their email out. 69 00:03:10,170 --> 00:03:11,280 Doesn't really cost you anything. 70 00:03:11,310 --> 00:03:11,550 Right. 71 00:03:11,850 --> 00:03:17,010 So with CPA marketing, I'm literally getting people to sign up for a list or landing page and I'm getting 72 00:03:17,070 --> 00:03:22,350 a commission, a small CPA commissioned for that just for sending a potential lead that's interested 73 00:03:22,350 --> 00:03:23,640 in that to a company. 74 00:03:23,670 --> 00:03:28,440 So obviously, the company then needs to spend their marketing dollars and they're, you know, do their 75 00:03:28,440 --> 00:03:30,390 marketing to then convert that lead to a customer. 76 00:03:30,420 --> 00:03:30,590 OK. 77 00:03:31,050 --> 00:03:33,570 So the benefits of both those, they're very, very similar. 78 00:03:33,780 --> 00:03:39,190 But the benefits of affiliate marketing is obviously you get paid a higher commission because the company 79 00:03:39,190 --> 00:03:41,740 is working with more money to pay you because they've already made the sale. 80 00:03:41,760 --> 00:03:41,980 Right. 81 00:03:42,360 --> 00:03:45,720 Although your conversion rates are going to be a little bit lower because you actually have to make 82 00:03:45,720 --> 00:03:46,250 that sale. 83 00:03:46,260 --> 00:03:49,680 The customer has to pull their wallet out to actually make the purchase. 84 00:03:49,710 --> 00:03:54,720 Right now, on the other hand, with CPA marketing, the benefit of CPA marketing is you're going to 85 00:03:54,720 --> 00:03:56,050 convert a lot higher people. 86 00:03:56,070 --> 00:03:56,340 Right. 87 00:03:56,580 --> 00:03:59,790 So your conversion rates and getting people to actually sign up through the link are going to be a lot 88 00:03:59,790 --> 00:04:04,350 higher because you're gonna it's gonna be easier for you to get somebody to sign up through an email 89 00:04:04,350 --> 00:04:06,600 list, you know, and give their email away. 90 00:04:06,780 --> 00:04:11,520 Then maybe like 50 bucks or ten bucks or five bucks or whatever and get somebody to pull their wallet 91 00:04:11,520 --> 00:04:11,650 out. 92 00:04:11,670 --> 00:04:11,940 Right. 93 00:04:12,270 --> 00:04:16,380 So it's a lot easier to convert somebody on a single opt in where you're basically getting them to sign 94 00:04:16,380 --> 00:04:21,960 up their email for, you know, a CPA link potentially, although you're getting a much lower commission 95 00:04:21,960 --> 00:04:23,970 because, you know, you're not making that sale. 96 00:04:24,150 --> 00:04:25,500 You're just recommending a lead. 97 00:04:25,530 --> 00:04:25,870 OK. 98 00:04:26,220 --> 00:04:27,330 So those are the differences. 99 00:04:27,630 --> 00:04:32,250 Great question, Laura, on CPA marketing versus affiliate marketing and the benefits and the drawbacks 100 00:04:32,250 --> 00:04:32,670 of both. 101 00:04:32,880 --> 00:04:37,140 But as always, for most people in this situation, I don't say just pick one or the other. 102 00:04:37,350 --> 00:04:38,550 You might as well use them both. 103 00:04:38,580 --> 00:04:38,790 Right. 104 00:04:38,820 --> 00:04:41,250 If you just want to stick with a flea market, that's totally fine. 105 00:04:41,520 --> 00:04:44,580 But if you just wanna stick with a CPA market, that's totally fine as well. 106 00:04:44,850 --> 00:04:46,100 But you might as well just use them both. 107 00:04:46,110 --> 00:04:51,390 They're both potential tools in your metaphorical affiliate marketing or CPA marketing or marketing 108 00:04:51,660 --> 00:04:52,770 tool belt, so to speak. 109 00:04:52,800 --> 00:04:53,620 So great question. 110 00:04:53,640 --> 00:04:56,040 I hope that that answers your question.