If you’d like to level up your leads, it might be time to broaden your marketing strategies. And, one of the strategies that you may consider bringing on board is the affiliate marketing technique. This marketing model leverages another person’s efforts to direct visitors or customers to your online store or website. In this case, the partnering person (affiliate marketer) advertises your product on their blog, website, social media account, or podcast. Then, with a unique link, you can monitor the visitors coming from your affiliate marketer.
However, if you’ve never done affiliate marketing before, it might be a puzzle for you. As a result, it’d be prudent to take a professional course that helps you kickstart your new venture. There are numerous course providers you could choose from, but you should exercise your due diligence as not all of them are legitimate nor worth your time and hard-earned money. You can go now and read a review of one of such courses, as well as go over the reviews of other service providers, so you’d end up making the right choice.
Besides taking a relevant affiliate marketing course, you should also know about the tools you can use to analyze your data. That being said, here are four tools that help analyze affiliate marketing data:
Google Analytics (Web Analytics)
It’s an excellent tool that helps you monitor the nature of traffic that converts with specific ads or copies by analyzing your collected data. This tool allows you to analyze your data based on demographics, geography and messaging. In addition, using a web analytics tool, you can monitor every link hosted on your website to the different sites to ensure that the platforms can notice every lead from your site.
Besides that, you can gain oversight of your site’s page views, users, and sessions, and use your collected data to project possible patterns for conversions, bounce rate, traffic sources, and user position. Web analytics tools are essential to tracking your traffic from search engines and social media platforms. Moreover, you can also know the online pages that led visitors to your site.
To proficiently know how to use this tool, you may need to do at least one affiliate marketing course to hone your skills, such as Partner With Anthony. You may read now a detailed analysis of the said course so you can determine if it’s the best one for your needs.
2. Mailchimp
If you’re a digital marketer, email marketing is one channel you can’t afford to overlook. However, to be effective in your email marketing campaigns, you must create an email list. Mailchimp is a free tool that gives you a certain number of emails to send for free. However, it’s believed that the allocated number is sufficient for affiliate marketers. It’s a common app used by millions of people globally because it can be integrated with many other applications to connect with other marketing channels.
Mailchimp is a one-stop shop that helps you connect with your clients and other interested parties. It’s a powerful tool for customer data analysis and for designing an effective email marketing campaign.
It’s an easy-to-use tool where you start by picking a template depending on your goal and preferences. After selecting your template, the next step is to add your well-curated and designed content. After that, choose who’s supposed to receive the email from your contact list. You can also add more email contacts. Once everything is set, you can send the email to your recipients.
Mailchimp gives your business several advantages, such as an easy and customizable interface. In addition, you can develop an information email series. Furthermore, the analytics are detailed, giving you a broader analysis of your affiliate marketing data.
3. Forensiq
If you’ve been active in online marketing for a while now, it’s no doubt that you’ve heard or encountered scammers. As a result, you may need a platform that ensures your affiliate program’s safety through fraud detection. Forensiq is a fraud detection platform that generates essential data concerning the authenticity of traffic reaching your site.
In effect, it can scrutinize user details across your browser and ascertain whether the IP address, device, and behavior are from a familiar customer. Nowadays, there’s a lot of traffic coming from bots. Thus, you always need to authenticate every user.
4. Hootsuite
If you’re into social media marketing, this tool might be a gamechanger because of its beautiful features. You can use it on almost every social media platform. Using Hootsuite on your social accounts, you can generate reports and schedule posts. In addition, using Hootsuite, you can monitor market trends so you can come up with market-relevant content. Furthermore, it helps you manage paid ads and measure your results across networks.
Final Thoughts
Affiliate marketing can’t be overemphasized when it comes to generating leads for any product or website. As such, it’s recommended for business owners and individuals who want to be affiliate marketers to expose their products. Whichever your situation is, you also need the tools listed in this article to analyze your affiliate marketing data for streamlined processes.
Disclaimer:Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.
When the first decentralised blockchain was popularised in 2008 by Satoshi Nakamoto, the door was open for people across the globe to transact more securely and seamlessly. Many blockchain networks have been built and powered by native crypto tokens, including PrivaCrip (PRCR).
Native tokens exist for several reasons. Aside from acting as digital currencies, they perform various functions. Helping blockchains improve data traceability, security, transparency, and trustworthiness shared throughout the network. They also assist in reducing costs through their ever-evolving efficient methods.
Cardano (ADA) and Ripple (XRP) are among the best blockchain-based cryptos that this article will discuss. We will also look at how PrivaCrip (PRCR) will power a blockchain network set to launch into the crypto space.
Top Tier Crypto Makes its Mark – Cardano (ADA)
Cardano (ADA) has been around in the crypto space since 2017. The Proof-of-Stake (PoS), Ouroborous Cardano (ADA), was established using a research-based methodology.
Research is the backbone of Cardano (ADA) and is integral to its success in the cryptocurrency market. Cardano (ADA) uses an evidence-driven mechanism and peer-reviewed research to run its ecosystem to drive its evolution.
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Among many things, Cardano (ADA) helps establish DeFi products and provides a suite of financial solutions. Crypto enthusiasts can stake Cardano (ADA) for a chance to earn rewards for their holdings.
With 2022 providing challenges in cryptocurrencies across the globe, Cardano (ADA) is one of the few cryptos to see a surge in on-chain trading volume this year. CoinMarketCap lists Cardano (ADA) as the 7th largest crypto by market capitalization at the time of writing.
Making Waves – Ripple (XRP)
Launched in 2012, Ripple (XRP) is a leading provider of crypto solutions for businesses. Ripple (XRP) provides developers with a solid open-source foundation for executing demanding projects. It is fast, energy-efficient, cost-effective, and reliable.
The solutions provided by Ripple (XRP) enable developers to solve inefficiencies, including asset tokenization and remittance. Therefore, individuals and businesses may apply Ripple (XRP) for DeFi, payments, tokenization, and more.
Crypto enthusiasts with a long-term focus may find Ripple (XRP) a valuable investing tool. Token holders can use Ripple (XRP) for staking its mainnet platform for a chance to grow their earnings and maximise profit.
At the time of writing, it ranks number 6 on CoinMarketCap, making it a cryptocurrency to buy now.
The New Face Of Privacy – PrivaCrip (PRCR)
The soon-to-launch PrivaCrip (PRCR) is a cryptocurrency built for Web3 data privacy. It will allow users to develop and use permissionless and privacy-preserving applications. This unique feature of PrivaCrip (PRCR) secures apps, protects users, and fosters the creation of many new Web3 uses.
PrivaCrip (PRCR) will drive a blockchain that creates a more empowering and inclusive internet. It will enable developers to build secure dApps using private contracts based on original privacy research (OPR) to revolutionise Web3.
PrivaCrip (PRCR) will begin pre-sale soon and has an initial token price of 0.10 USD. According to the whitepaper, there will be a total supply of 190 million tokens, of which 40% of the total supply will go to the pre-sale.
Crypto enthusiasts who purchase PrivaCrip (PRCR) during the pre-sale will receive the most significant long-term rewards and bonuses. Those who buy with Bitcoin (BTC) will receive a 10% bonus. Also, those using Ethereum (ETH) to purchase will receive 15% of the total PrivaCrip (PRCR) they purchase as a bonus.
10% of PrivaCrip’s (PRCR) total supply is up for distribution as staking rewards, meaning that token holders who stake will receive rewards for their contribution to the crypto’s advancement.
The Bottomline
Blockchain networks are continuously evolving, and so are the crypto tokens that power them. Cardano (ADA) and Ripple (XRP) have contributed tremendously to the success of their blockchain networks, gathering mass appeal.
PrivaCrip (PRCR), for its part, will drive a security-enabled blockchain and scalability in private DeFi, empower data tokenization, and bring together a fast-growing community.Acting on its promise, it has the potential to become the next big mover in cryptocurrency.
Singapore-based cryptocurrency exchange made Cardano one of its base trading pairs earlier this year
Singapore-based cryptocurrency exchange Bitrue announced that it had temporarily waived withdrawal fees for the Cardano (ADA) cryptocurrency.
The trading platform says that the move is meant to celebrate the support it received from the community behind the cryptocurrency.
Users will be able to withdraw ADA without paying any fees until mid-September.
Bitrue has stressed that it wants users to have “as much choice as possible” when it comes to custody options. Those who want to hold their ADA tokens will not be able to do so without paying an additional commission.
At the same time, Bitrue has touted its “Power Piggy” yield-farm investment program for those who want to earn passive income with ADA.
As reported by U.Today, Bitrue introduced the token as its base currency back in February.
In June 2021, it also became the first cryptocurrency trading platform to add support for Cardano-based native tokens.
Last month, Bitrue also announced a staking initiative with the ADA cryptocurrency. It decided to contribute a million tokens to some of the top Cardano staking pools in an effort to boost the level of decentralization.
Earlier this year, SundaeSwap (SUNDAE), the native token of the SundaeSwap exchange, also became available on Bitrue.
The development also affected the total value locked on Cardano. The total value locked on Cardano has fallen below $100 million in the last 30 days after the WingRiders TVL slumped.
Cardano total value locked
Interestingly, Minswap has taken the lead to become the most valuable decentralized exchange on Cardano after the massive decline of WingRiders’ TVL.
At press time, Minswap is leading, with a $49.09 million total value locked on the platform. The DEX hit the milestone after recording a massive growth of 30.9% in its TVL in the past 30 days. Minswap accounts for 51.82% of the total value locked on Cardano.
SundaeSwap, the first decentralized exchange on Cardano, is now the second most valuable DEX in the ecosystem. SundaeSwap is second in the ranking, with $19.72 million in TVL.
Like WingRiders, SundaeSwap has also lost a significant amount of its TVL over the past 30 days. In the past month, SundaeSwap has lost nearly 10% of the funds locked on the platform.
Commenting on the development, Cardano Daily, a platform that shares new developments about Cardano, said:
“After the major decline of @wingriderscom, the TVL scenario of the Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem.”