Revolutionising affiliate marketing: Aleksei Demeniuk's innovative breakthrough

 

Published: Wed 8 Nov 2023, 12:39 PM

Last updated: Tue 14 Nov 2023, 1:39 PM

In the bustling realm of digital marketing, innovation is a hallmark of success. For example, AI is leveraged for tasks such as predictive analytics to identify high-converting audience segments, chatbots that engage and assist users in real time, and recommendation engines that suggest relevant products or services based on user behaviour, all of which enhance user engagement and drive conversions. Today, we are going to talk about Aleksei Demeniuk, a professional who created a product based on AI inside Admitad, an affiliate marketing company that succeeds in the UAE market thanks to its innovation.

By Alina Kalam

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Demeniuk is a seasoned product manager based in Dubai's dynamic tech landscape, where he's been redefining affiliate marketing norms. At Admitad, Demeniuk has emerged as a pivotal figure whose visionary approach has given rise to a groundbreaking solution set to revolutionise the waiting times tied to affiliate marketing reward programs. The waiting times for rewards are one of the main problems of affiliate marketing. Demeniuk’s innovation holds paramount significance because reducing waiting times not only enhances user satisfaction but also streamlines financial operations for both advertisers and affiliates. This article sheds light on his journey and the game-changing service he's spearheading in the UAE market.


Innovative beginnings and entrepreneurial spirit

Demeniuk's journey traces back to his entrepreneurial roots, where he kick-started his career with the launch of his own venture, Flatinbox. This pioneering initiative witnessed him leveraging his expertise in developing IT solutions to effectively tackle prevailing challenges (the difficulty of calculating the cost and time when repairing an apartment, and expensive 3D visualisations). At Flatinbox, an apartment decorating company, Demeniuk's role as a product manager and co-founder bore witness to his inventive genius. He introduced an 'apartment decorating kit,' a digital tool that allowed users to envision their living spaces online, revolutionizing the construction landscape. Construction companies praised the innovation for accelerating project schedules, and FLATINBOX experienced substantial growth, securing a multitude of orders and achieving recognition in the prestigious international competition "Build-up".


Setting sail with Admitad

Demeniuk's journey led him to Admitad, an international digital marketing company with cutting-edge IT interventions. Here, he took on the mantle of product manager, consistently propelling business growth through a series of IT breakthroughs. Perhaps his most noteworthy contribution was the introduction of "Instant Payout Pro" an AI-powered affiliate marketing solution, epitomising his commitment to innovation and user-centricity.

Affiliate marketing has consistently confronted delayed reward distributions, posing a complex challenge for affiliates on a global scale. Recognizing this pain point, Demeniuk embarked on a mission to revolutionize the industry's payout landscape - "Instant Payout Pro". He delved deep into the intricacies of the challenge, unveiling various factors, including prolonged verification periods and irregular payment frequencies. Some affiliates faced wait times of over 120 days, creating a pressing need for a transformative solution that could streamline the process and enhance user experiences.

Instant Payout Pro's premise is elegantly simple yet remarkably effective. Demeniuk harnessed the power of neural network development and AI tools to create a system that predicts affiliates' future earnings, bypassing the need for lengthy verification processes. This innovation empowers Admitad to swiftly release funds to affiliates' accounts, subsequently verified by the affiliates themselves. The result? A revolutionary model that boasts a staggering 95 per cent accuracy rate, all thanks to machine learning prowess.

Engineered with precision

Demeniuk's journey wasn't a solo expedition. He managed a team of skilled professionals to bring Instant Payout Pro to life. His role extended beyond technological implementation; he meticulously strategised the product's positioning, ensuring it seamlessly met affiliate market needs. His collaboration with a team of engineers led to the development of an AI model, which analysed months' worth of affiliate marketers' actions. The model studied a wide range of parameters, encompassing aspects such as traffic generation, turnover rates, earnings data, and more. As the AI model evolved, so did its accuracy, thanks to its continuous learning capabilities.

Central to Demeniuk's creation is the IT product "Instant Payout Pro" and the concept of early payouts — a game-changer for affiliate marketers. By allowing withdrawals the day after an estimated payout summary is generated, Demeniuk erases the need for prolonged wait times. Affiliates no longer need to navigate the months-long waiting game, leading to enhanced capital turnover rates and fluid business growth. This advancement in the affiliate marketing and IT realm aligns perfectly with modern demands for promptness and efficacy.

A resounding impact on the UAE market

Demeniuk's vision is already resonating across the UAE, with affiliate marketers eagerly adopting Instant Payout Pro to enrich their operations. The transformative potential of the product has sent reverberations across the global stage, establishing Demeniuk as a prominent figure in both local and international spheres. His innovation is underpinned by the industry's competitive spirit and the modern appetite for groundbreaking solutions.

The catalyst of change

Demeniuk's journey is a testament to the transformative power of innovation. His brainchild, Instant Payout Pro, is rewriting affiliate marketing's rule book, instilling efficiency and agility. As the affiliate marketing landscape evolves, his product stands tall as a beacon of change, enhancing user experiences and propelling the industry into a new era.

Ultimately, it's not just about technology; it's about a relentless pursuit of progress, a commitment to user empowerment, and a touch of visionary genius. Demeniuk's journey embodies these ideals, leaving an indelible mark on the IT product management industry and inspiring a new generation of forward-thinkers.

— Alina Kalam is an independent business journalist.


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