iGB Affiliate 52 AugSept | Page 24

TRAFFIC I know this sounds harsh, but as you know if you have read my past articles for iGB Affiliate, I call it like it see it. Binary and forex operators on the whole, should learn from the grown-ups in this business: sportsbook and casino operators. The data also bears this out. For instance, in forex there are actually hundreds of clone white label websites with barely any traffic just subsisting on the Internet. Also, when only a few sites dominate the share of search traffic, it tells me there isn’t actually that much competition, and/or the competition are fairly weak. With binary options, it’s at present a very thin sector with little traffic and surprisingly little value in the traffic. If you mix this with the large number of copycat websites which offer nothing special, you end up with a desperate situation. On top of that, my guess is these sites have emerged because people within the financial world have stumped up the start-up cash to launch another white label website, thinking it will make money like their other investments did. What they forget is that it’s a marketing game, not just another financial instrument that’s being sold. There is however some good news fo