Bitcomo – Monetizing the Demise of the Middle Man in Affiliate Marketing
The Affiliate Marketing Budget on the Blockchain
The Bitcomo token (BM) provides a new value of exchange between advertisers and publishers. The potential savings in direct and indirect (e.g., the cost of fraud) costs are substantial. Let’s first look at direct cost savings when affiliate partners do business with the BM token in the Bitcomo affiliate network.
By removing the middlemen from the affiliate network, Bitcomo estimates it can save one-third to half of your marketing budget. Since you will be paying with your stash of BM tokens, bank commissions on credit card fees of three to five percent are eliminated. You no longer need to pay advertising agencies 15 to 25 percent of your ad dollars to run your affiliate program. And the five to 10 percent of ad spend allocated to banners and ads can be eliminated, since the cost per action models have been shown to be much more effective than display ads. Any fees paid to Amazon or other affiliate partners to list advertising can be avoided.
Your new affiliate marketing fee is the 0.5 percent commission you will pay to be part of the Bitcomo ecosystem. What is more, the Bitcomo tokens you acquire as the unit of exchange in the Bitcomo network have the potential to increase in value as more businesses join the affiliate network. All tallied, Bitcomo estimates a 44 percent savings on average for affiliate marketers in its ecosystem.
Briefly, indirect costs avoided on the transparent Blockchain can include paying for fraudulent click-throughs and sales conversions, and the opportunity lost as a result of the growing use of ad block and email spam software in response to the rise in fraud. When an action is taken by a customer in the Bitcomo affiliate network, no middlemen can create delays. The requests are processed immediately after verification.
Transparent and Actionable Data
Harder to readily quantify but another important cost savings frontier is the more efficient data management made possible by a decentralized affiliate network on the Blockchain. Shared data is transparently stored at each node in your Bitcomo affiliate network. Since your affiliate partner no longer has central control over data and the issuance of reports, you can immediately detect and trace any suspicious traffic being generated. The data can be analyzed on the fly and acted upon in real time.
On a performance-based digital marketing system in which every click and lead is traced in real time, there is no need for payment delays. The market contract can release payment as soon as the targeted leads are established or the audience is reached, whatever the specified action is.
The BM network has been set up to support smart contract projects and initial coin offerings (ICOs). The BM token can be used with smart contracts on the Ethereum and Waves Blockchains inside the Bitcomo ecosystem running on the fast Tracechain network, an upgrade to the Blockchain where clicks and leads are stored inside Blockchain nodes.
The open code makes all data transparent. On the Tracechain, advertisers and publishers can experience affiliate marketing at super speeds of 500,000 transactions per second. In comparison, the Ethereum Blockchain operates at 15 transactions per second.
The integration with Waves, a platform allowing startups to launch an ICO in a few easy steps, provides a powerful launchpad for Blockchain startups. As part of the pre-ICO marketing campaign, the startups can be up and running in an active performance-based affiliate market. ICOs should plan on buying BM tokens when they are planning their media budgets since the Bitcomo network can bring them real leads, subscriptions and investments—as actions—the whole purpose of the CPA model.
The Bitcomo Token (BM) Sale
To join the Bitcomo affiliate network, provide Bitcomo with a link to a postback script. Next, you need to acquire tokens to participate in the affiliate network. Bitcomo is using the MetaHash Blockchain platform, which also hosts its token shop for buying and selling BM tokens. After the CPA ad network launch, Bitcomo will operate on the Tracechain; the private Blockchain operator will be public in the future.
Tokens will become available in Bitcomo’s ICO presale starting on Nov. 20th and after that sold through the token shop and on major exchanges. In the future, tokens will be exchanged for crypto and fiat currencies. The main ICO runs from Jan. 16 to Feb. 16, 2018. In total, 170 mln tokens will be offered at $0.30 with a hard cap of $51 mln. Check out the ICO page to benefit from early bird discounts being offered during both the pre-ICO and ICO.
Revolutionary ideas in digital market has transformed the existing solutions completely. Bitcomo is an innovative decentralized network to be used for online marketing. Use of blockchain technology allows the better analyzation collected data from online web users. Bitcomo has the vision to target wide range of number of users in low costs rather than paying high charges for obtaining such professional services. Better analysis helps the businesses to access specific audience based on their web search and can send offers.
Bitcomo facilitates with a CPA (cost-per-action) network which lies on performance. It allows the advertisers to see their ads running first and then they will pay for their ads and advertisement campaign. On the other end, marketers get paid for their performance immediately without any wait for payments. The structured system, hence, allows equal distribution of revenue in all parties associated with the platform. The primary vision behind designing such system was to eliminate the chances of fraud and payment problems. As the business model is supported by the latest blockchain technology so the transparency and data security is ensured at the maximum. The most important attribute of Bitcomo is that it has abolished the need of middlemen (such as bigger advertising companies) by introducing direct interaction mechanism between the customers and retailers. Retailers can easily find their potential customers via internet marketers, cutting off extra expenses and helping themselves to invest better.
Our team wants to make the business process as smoother as possible so Bitcomo has introduced a new way of business advertisements and investment to narrow down the chances of potential frauds and insecurities. This business model will help in anchoring the advertisement budgets with blockchain technology for wiser and profitable investments for running ads online to attract maximum number of clients all around the world. It not only helps in cutting off extra expenses but also ensures maximum transparency, allowing direct interactions between the providers and customers. Bitcomo is working on the concept of providing maximum impact with least advertisement costs. Our team is aware of the importance of an advanced business infrastructure which can work with its full potential to allow maximum comfort to all components and participants of the system. Bitcomo has planned an ICO (Initial Coin Offering) event for funding opportunities. The event will help to introduce maximum number of individuals around the globe with the opportunity of becoming a part of Bitcomo platform. BM tokens, purchased during ICO events, will be used for advertisement payment or professional services. (https://ico.bitcomo.com/)
Bitcomo is designed to provide the solutions of certain issues in existing platforms. We are trying our best to avoid problems affecting the CPA networks and advertisement campaigns. The biggest challenge we are trying to confront is to show the ads to the targeted audience online. This model will help to enhance the effectiveness of the ads run online.
Our hardworking team is working hard to stay one-step ahead of our customers’ needs and for that, Bitcomo knows what is the way forward.