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What if someone told you that you could make a thousand dollars from a DeFi referral program? There are referral programs that can help anyone earn money in the DeFi space, even in a bear market. The hard part is finding these programs and getting others to sign up. The best ways to promote DeFi and get paid are explored in this article.
What Are Referral Programs?
Referral programs are marketing initiatives designed to reward customers to promote a product or service. Usually, these programs reward users for referring their friends, family, and colleagues to the product or service.
Crypto projects use referral programs as a marketing strategy to increase their user base and enhance their brand awareness. Referral programs incentivize people to spread the word about a particular project and can result in increased engagement. They are cost-effective and require minimal resources to implement.
The Pandora Referral Program Explained
The Pandora Referral Program is an excellent way to earn rewards by referring friends to Pandora. It’s simple: users refer their friends and family to Pandora and get 5% of their earnings from staking, trade mining, and yield farming when they sign up with your referral code.
Rewards vary based on the amount used by those who signed up using a specific referral link and invest in various Pandora products. Anyone can log in to Pandora and generate their unique referral link by connecting their wallets to the Pandora DApp. The 5% earnings will become claimable once the referred persons buy Pandora’s rewarding DeFi products.
Simple Digital Marketing Strategies For Referral Promotion
Knowing about a simple referral program like the Pandora referral program is just the first and easiest step for anyone who wants to get paid. The digital world is saturated with white advertising noise, making it harder than ever to stand out. Here are a few ways to successfully promote referral links on Pandora based on what’s working now.
YouTube channels can be an excellent way to promote referral links for DeFi projects. It is the second largest search engine in the world, with over 1 billion active users and over 5 billion videos watched daily. With such a large audience, YouTube can be an extremely effective platform for DeFi project promoters to reach potential users and promote their referral links.
Creating a YouTube channel dedicated to DeFi projects with their referral links in video descriptions is a great strategy. The content creator can then create an engaging video explaining critical DeFi concepts to users. The links will get traffic as people across the globe start to engage with the video. These persons can then sign up and buy products on the platform earning the creator the stated percentage.
Another way to promote referral links on YouTube is to make a video around the product. Doing this is more direct and can lead to more sign-ups using the referral links. The thing is, such videos start with an irresistible hook that forces curiosity into the audience resulting in sign-ups to satisfy their mental state.
Email marketing is another popular way to promote DeFi referral links and get paid. Like YouTube, email marketing also starts with building a community but requires a bit more effort and attention.
An excellent marketing strategy with email marketing often involves creating a lead magnet that promises your readers some information in exchange for their email address. Once they provide their address, it is up to the promoter to subtly include mentions and graphical links in valuable emails sent bi-weekly, weekly, or monthly.
Cold emails may work in rare cases, but people hardly click on them since they consider them spammy. A good cold email sent at the right time may be opened a couple of times by some people.
Blogging goes with email marketing, but it is a powerful way to promote links. It is common to hear that no one reads these days, but promoters will realize the power of blogging when they check the number of daily searches on Google.
A good blogging strategy also comes from consistency and clarity. Add a great SEO strategy to it, and the promoter will soon be moving mountains. After reading a well-written blog, readers often wonder who the author is and follow links.
A master strategy would be referring to a YouTube channel from a blog and linking a couple of lines to an interesting product offered by the DeFi project the promoter is promoting.
Welcome to the Gen Zs world, where 18-year-olds make the Forbes list without saying a word. Tiktok is outright insane, and nothing stops it from the way things are going.
Tiktok is much like YouTube, or YouTube is being modified to create the Tiktok vibe. On Tiktok, users make mostly funny videos and clips and then use popular hashtags to create some influence.
Most DeFi YouTubers are expanding to Tiktok and often have referral links to excellent projects on their bio. Others link to their YouTube channel or specific videos to close their leads.
Promoting links on Instagram comes mostly through ads. However, Instagram is also a video-sharing platform.
Since the platform recently changed its strategy to promote mostly creator and business content, the opportunities are endless. Promoters can create a video ad or reel on Instagram targeting those interested in DeFi and then referring them to a link in the bio.
The link may be more specific about the product and what it offers, with a strong call to action poised to yield excellent results.
Quora ads are powerful but underrated tools that can make anyone tons of money through effective referral promotion. People share questions they are passionate about on Quora, and a simple response with a link can generate traffic.
Yet Quora forbids the direct pasting of links, but you can run ads to reach the right audience on the platform. The ads can include a link to a video and then a landing page before your referral link to help users understand what the link and product are all about.
Facebook promotion is targeted just like Instagram. The platform is quickly becoming the old-school way to promote stuff and reach the right audience.
Promoting a referral link on Facebook often involves a paid strategy. Facebook groups aren’t that popular anymore. A promoter must have a good ad budget and promote the product using a great video and landing pages for final conversion.
You must have heard about 6-figures affiliate marketers and digital nomads. Simple stuff like this is what they do to make millions that is outrightly impossible to do in a 9-5. The Pandora referral program is an excellent way to multiply your DeFi earnings by promoting a strong product.
For one, Pandora is the first high-yield and gamified DeFi exchange where users get rewarded for using the platform. The platform is building products and appeals to the daily needs of the common DeFi user. Its recent product, the Pandora NFT Securities, has been purchased hundreds of thousands of times by those who love to maintain a stable earning in a bearish market and volatile space.
These materials are for general information purposes only. They are not investment advice, a recommendation, or solicitation to buy, sell, or hold any digital asset or engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the crypto asset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your crypto assets, and you should seek independent advice on your taxation position.
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