What is an affiliate program?
Affiliate program is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
Bit4.Sale has its own affiliate program available to every registered user of the website. Affiliates earn a certain percentage from each transaction their brought customers make on the website. By offering a referral program to our clients, we attempt to build a strong and stable business relationship based on shared earnings and benefits.
You can find the affiliate program top right-hand corner:
How do I use the affiliate program of Bit4.Sale?
First, navigate to the “Information” tab within the Affiliate menu, screenshot below:
Once you`ve selected this option, the next window will pop up with a brief description on how to use the program, as well as the link you will need to copy.
First, copy the link provided. This is a unique link you have to use. When clients will come though this link, we will know exactly it was you who offered them to come to Bit4.Sale.
With this referral link, you may choose the landing page, where you want to direct users, and also choose banners to place on your website or blog. For more information on this, please follow to the “Marketing tools” section of the Affiliate program in the FAQ. This is very helpful because you can use already established marketing tools available to you, hence no need to spend hours generating your own ideas and designing your own ads.
Your second step is invite users. You are free to share this link with your friends, family, social media platform etc.
Spread the link like wildfire!
Last, but not least, be rewarded for your efforts! The more clients spend at Bit4.Sale, the more you earn
Sounds good? We are looking forward to do business with you!
How do I track performance of my referral link?
There is a section located within the Affiliate program tab called “Statistic”:
In this section you`ll see various statistics parameters, such as clicks, signups, conversions and, most importantly, the tier you are currently in.
So let’s have a look a look at each one of those individually.
- Clicks –shows you how many times your referral link has been clicked.
In the example above, it shows you zero. Well, maybe because I was not trying hard enough ☺
- Signups- it shows you how many users has actually registered at Bit4.Sale through your link.
Because my clicks were zero, obviously the number of signups in my case is also zero. Bear in mind, that the more clicks you achieve, the greater the chance a user will register at Bit4.Sale through your link.
- Conversions-essentially a statistical tool that used to tell you in percentage terms your conversions, i.e. signups.
In my case that is 0% as well. But for instance, of the number of clicks was one, and the number of conversions was also one, then the conversion rate would be 100%.
- Tiers- this shows you where are in terms of your earnings on the scale.
There are three tiers available: 1; 2; 3. Tier 1 yields you 10% from fees of the exchange transactions of your referred users.
Tier 3, alternatively, is the most profitable one, yielding you a whooping 30%!
To get from Tier 1 to Tier 2, for example, you would need to earn 10,000 EUR in your commissions. To get from Tier 2 to Tier 3, same methodology would apply.
Your earned commissions are shown below the Tier structure.
My commissions are zero! Anyone please come through my link! ☺
- How do I request a payout of my earned commissions?
Navigate to the “Payout” tab on the affiliate program menu
You will be prompted to create a payout instruction.
First, select a payout type. You can either select Bitcoin, Ethereum or SEPA (IBAN only)
Next, choose the amount you would like to withdraw. You can always see your available balance at the top right hand corner. You can`t withdraw more than your available balance.
Last, specify the address or IBAN where you would like to receive your funds. If you would like to receive Bitcoins or Ethereum, you would need to specify a cryptocurrency wallet for these cryptos. Alternatively, if you have selected SEPA, enter an IBAN issued on your name.
Once all these steps were completed, select “Create” and your request will be sent to the administration of Bit4.Sale.
Furthermore, below this page you are able to see all your previous payout requests created at Bit4.Sale. All you need is to select the date range you wish to explore.
Bit4.Sale administration staff will let you know when they`ve received your request. They will notify you on the process of your payout.