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Greg's teenage affiliate arbitrage: pay $1, earn $5 per install
As an 18-year-old in 2008, Greg Isenberg ran affiliate marketing for eHarmony, Match.com and Zynga, who paid $3-$6 per install. He built landing pages where it cost $1 to acquire a user worth $5 — and admits he invented the auto-playing video pop-under ad.
“Basically, I was doing deals with the eHarmonies, the Match.coms, and Zingas, who were like, they were willing to pay you $3, $4, $5, $6 for every install you generated for them. And back then, there was this arbitrage, I mean there's still arbitrage now, but there was this arbitrage where if you could create a landing page and cost you $1 to get someone to it, to install that game or get that lead to eHarmony, they would pay you $5.”
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