CPL or Cost per Lead meaning
CPL or Cost per Lead is a conversion model where you get paid for every lead that your traffic generates. A lead must result in the user’s contact details (either phone number or email address) being submitted to the advertiser so they could follow up with them through email marketing campaigns or other strategies.
As opposed to CPM and CPC models, which generally pay when people click ads served on publishers’ websites, affiliates will only get paid once someone has submitted the information required by the offer’s advertiser.
Advantages of Cost per Lead Model
The good thing about the Cost per Lead model is that it pays more than the first two conversion flows we’ve discussed. After all, you are sending advertisers some potential customers who are already warmed up to their offer. Furthermore, there are thousands of CPL offers you can choose from that you are sure to find one that falls under your website’s niche.
Disadvantages of Cost per Lead Model
On the flip side, though, if you are purchasing traffic for this kind of offers, you need to monitor your campaigns regularly. You would have to subscribe to a tracker in order to optimize your marketing campaigns for better ROI —leading to additional expense on your end. If you don’t monitor them, you may end up spending for nothing!
Should You Choose the CPL Earning Model?
If you’re just beginning your affiliate marketing journey, CPL offers are a great place to start. Even pro affiliates still work with CPL offers with minimal intervention since they have already built a good-performing strategy!
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