Good day! 👋🏻 In this post, we will tell you what makes Affilcoin different from the competitors.
Like almost all crypto projects, Affilcoin has competitors. Currently, our only direct competitors are affiliate networks such as Rakuten, AmNavigator, ShareASale, MaxBounty, TradeDoubler, and others.
Despite the fact that networks such as Rakuten, TradeDoubler, Ebates are leaders in the affiliate marketing industry, they still suffer from many problems associated with this industry. These problems include deferred payments or sales reports, a high standard for confirming a transaction, and high commissions that bring profit to the marketer.
📌 The most important problems of affiliate marketing networks:
🔻 Delayed payments. Even some of the largest affiliate networks delay payments for 90 (sometimes 100) days. Such large delays make life difficult for marketers who rely on revenue.
🔻 There is a 48-hour delay in click and sales reports, which reduces confidence in affiliate marketing.
🔻 Lack of transaction confirmation is another major issue affiliate networks face.
🔻 Too high registration fees and monthly subscriptions have led to a number of problems for these networks. This led to the creation of an entry barrier for small and medium-sized businesses.
📌 What makes Affilcoin different from the competitors
🔹 On the Affil Blockchain, users do not have to pay a sign-up fee or a monthly subscription fee. With the elimination of the fees, the entry barrier for small and medium-sized businesses will be removed completely.
🔹 Thanks to blockchain technology and Affilcoin smart contracts, payments due to marketers or publishers will be fully automated. Thus, Affilcoin solves the problem of delayed payments.
🔹 Affilcoin solves the trust problem with smart contracts. Upon successful completion of the task, the corresponding amount is launched or released for payment to the contractor. Thus, the need for intermediaries disappears - marketers will receive payments automatically.
🔹 With the help of blockchain technology and smart contracts, Affilcoin also solves the fraud problem, which is common for affiliate marketing.
📢 Read more about Affilcoin advantages here:
https://affilcoin.com