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Three days before they closed, I found a great offer on the Peerfly CPA network that I was going to develop a campaign around. It was an offer for Postmates that paid $24 CPA which was a great match for this website.
Then one night, I got an unexpected email saying that Peerfly was shutting down after 11 years of service.
The reason for the closing was mentioned in the email from CEO Chad French:
Why is PeerFly closing?
Affiliate marketing is alive and well. However, the particular model that PeerFly was built on no longer represents the most efficient or cost-effective method for generating new sales and leads for advertisers. Over the years, many advancements in online marketing have created new low barriers of entry for businesses who want to control their marketing internally. Platforms like Facebook have dominated the ability to precisely target an audience and have made it incredibly easy to scale. Combined with a great economy, where businesses are okay risking marketing dollars to find the right audience, the model of the “Affiliate Network” is one that doesn’t work nearly as well in 2019 as it did just 5 years earlier.
I got more emails from other lists that I was subscribed to confirming the news. Luckily, Peerfly was not a top source of income for me but for others, this might be some devastating news.
Peerfly promised to pay all affiliates by July 31st, 2019 just before they ceased operations. I had no doubt that they would wrap everything up well with affiliates because this was one of the best CPA networks around.
After being shut down for over 4 years, it seems as though Peerfly might be preparing for a comeback. I recently visited the site and they had a message stating that they were “returning in 2023” followed by an opt-in to collect emails for interested persons who wanted to be notified about the launch.
If you’re looking for similar networks with the same type of offers from Peerfly, here are 8 great CPA networks you can try as a Peerfly alternative.
MaxBounty has been around for as long as I’ve been doing affiliate marketing. They got started in 2004, a year before I started looking into affiliate marketing.
They’re definitely one of the best CPA networks around as they’ve received numerous awards and was voted Blue Book’s #1 CPA network by advertisers in 2019.
As an affiliate, you can look forward to choosing from over 3000 active campaigns, weekly payments including performance bonuses, and affiliate managers who are committed to seeing you succeed.
Currently, they boast over 30,000 affiliate marketers who are employ everything from blogging, media buying, social media and email marketing to promote MaxBounty advertisers offers.
Perform[cb] used to be known as Clickbooth. In early 2020, three networks – Clickbooth, AdPerio and Ignite OPM joined forces to form this new CPA network.
Before the acquisitions and rebranding, Clickbooth was another high quality CPA network that was getting awards such as the Publisher’s Choice for Best CPA Network on Blue Book in 2019. Perform[cb] was named the best digital ad network by MarTech in 2023.
If publishers (affiliates) have such high regard for Perform[cb], then this is one Peerfly alternative that you should definitely give a chance if you aren’t already registered.
As an affiliate, your affiliate manager will provide you with insights and best practices for promoting their offers and they’re known for their friendliness, even attending client weddings. It’s no wonder publishers love Perform[cb].
Weekly payments are guaranteed and they claim to have never missed a payment in their 15+ years of business.
If you’re in need of mobile offers then this is what Mobidea specializes in. The network has thousands of mobile offers ready for you to promote and there are a number of things that set them apart from other CPA networks. You do not go through an approval process for example if you’re signing up as an affiliate. Just join and promote offers.
Mobidea is also big on educating affiliates. Their Mobidea Academy is chock full of guides and content to help you succeed. You can join over 130,000 affiliates who are earning and learning with this network.
For affiliates, they offer powerful tracking, weekly payments, and expert support and management to help boost your profits.
Clickdealer may be a tough CPA network to get approval from but it’s still worth the try if you’re capable of delivering quality results to your choices of 1000 advertisers.
This network is based in Amsterdam but has offices worldwide and has been in business since 2012.
Affiliates have flexible payment terms and a wide range of payment options including PayPal, Payoneer, and wire transfer to name a few. Bonuses can include access to loyalty programs, referral programs, worldwide meetups, private parties, and contests.
With more than 700 offers to choose from, Crakrevenue is a fast-growing CPA affiliate network. Some of their best offers are adult advertisers which include cam-offers and adult gaming and dating.
As an affiliate, you’ll have access to over 700 offers (mostly adult stuff), dedicated affiliate managers to help you find the best-performing offers for your traffic, weekly or bi-monthly payments, a referral program that offers 5% on earnings, high payouts, and fast and accurate reporting.
Crakrevenue took the #5 position on the best CPA networks 2023 list by Blue Book.
6. The Affiliati Network
Gamefly, QuiBids, Bills.com, and Insurance Finders are just some examples of the advertisers you can work with on The Affiliati Network, a CPA network based in Miami.
This network has mostly glowing reviews by publishers as they seem to love the experience and the offers. You can get paid via check, PayPal, or wire once you’ve reached the $100 threshold but you have to be with the network for a period of time before you qualify for weekly payments.
You can also refer other affiliates to The Affiliati Network and get paid a 2% commission.
7. Monster Ads
This Puerto Rico-based CPA network was formerly known as Society Invite which mostly had dating and adult offers but rebranded after they took on non-dating verticals and moved away from their invite-only referral style.
Advertisers and publishers alike seem to love MonsterAds for its mutually beneficial quality.
Affiliates are paid weekly via wire, PayPal, check, or Payoneer, as long as they reach the $500 threshold or monthly for anything under $500.
8. CPA Lead
CPALead is a network that specializes in lead generation from CPI mobile app installs. Previously, they did the normal CPA offers and PPC offers but now only specialize in app installs. The network has been around since 2007 and has paid out over $100 million to affiliates worldwide.
For affiliates, there are seven options for getting paid including Payoneer and Bitcoin and everyone gets paid weekly. CPALead has over 1,750,000 members from 180 countries with access to just over 200 unique and exclusive offers.
CPA networks are notoriously tougher to get approval from than regular affiliate networks because they want to provide advertisers with affiliates who will deliver them traffic with high conversions.
Some CPA networks like Mobidea have a more open-door policy and accept anyone because in this case, they can train you to be successful although they still can’t make you take action. If you’re not going to actively promote offers on a CPA network, it’s probably best to not apply until you’re ready to do so.
Peerfly shutting down so suddenly could mean that they probably weren’t doing something right or if the reason they’re giving is legit then it may spell danger for a lot of other CPA networks. Or maybe these networks are adapting to the changing landscape and new innovations in marketing which is how they can survive.
Whatever it may be though, as affiliates, all we can do is promote offers from multiple networks and build a long-term business with evergreen offers that help people.
Were you affected by Peerfly closing down its network? What will you do now? Hit the discussion area below and share how you feel about this.