What you'll learn in this article
  • The major sales writing frameworks (New PASONA, AIDMA, PREP), what's inside them, and where each came from
  • How to assemble a Kingfin pitch with New PASONA's six steps — including a fill-in-the-blanks model text
  • The hype copy that breaks Japan's advertising law, and how to rewrite it into fact-based copy that builds trust

Key points of this article: frequently asked questions

Q: What is the best-known sales writing framework?
A: In Japan, the most famous is the PASONA formula, proposed in 1999 by management consultant Masanori Kanda, and its revised version, the New PASONA formula, published in his 2016 book "Kasegu Kotoba no Hosoku" (Diamond Inc.). New PASONA builds a pitch in six steps: Problem, Affinity, Solution, Offer, Narrowing down, and Action. Other widely used frameworks include the AIDMA purchase-behavior model and the conclusion-first PREP structure.
Q: Does hype copy convert better?
A: We don't recommend it. Absolute claims like "guaranteed earnings" or "zero risk" can violate Japan's Act against Unjustifiable Premiums and Misleading Representations, and stealth-marketing rules have also been in force since October 1, 2023. Notably, New PASONA itself was born by replacing the old version's "Agitation" step with "Affinity." Modern sales writing is built on empathy and verifiable facts, not pressure.
Read this article as 9 slides

Why does sales writing need a "formula" at all?

"I can write articles — readers just never make it to the sign-up button." For most people starting out with Kingfin affiliate marketing, this wall has nothing to do with writing talent. It's a sequencing problem. Do you open with the product, or with the reader's pain? The same raw material produces completely different reactions depending on the order you put it in.

A sales writing formula is that sequence turned into a blueprint. And it isn't a trade secret of genius copywriters — quite the opposite. A formula is a map of the order in which a reader's mind moves, drawn so anyone can follow it. That's why it helps beginners the most. You don't have to conjure brilliant prose from nothing; fill in each step's blank with your own words and the skeleton of a working pitch is done.

There's a second, underrated benefit: a formula acts as a brake. The more passionate an affiliate pitch gets, the closer it drifts toward dangerous words like "definitely" and "guaranteed." When you write inside a structure — "this part states the problem, this part makes the offer" — there's simply less room for emotion-driven exaggeration to creep in. We covered headlines separately in 10 Article Title Formulas That Make Traders Click; this article focuses on the pitch inside the body.

What is the New PASONA formula — and what do its six steps do?

The most famous sales writing formula in Japan is the PASONA formula. Management consultant Masanori Kanda proposed it in 1999, then published the revised New PASONA formula in his 2016 book Kasegu Kotoba no Hosoku ("The Laws of Words That Earn," Diamond Inc.) — see the book and Kanda's official site.

The six steps of New PASONA
  • P = Problem: put the reader's problem or worry into words
  • A = Affinity: show you know the same pain — close the distance with empathy
  • S = Solution: show that the problem can be solved, and how
  • O = Offer: present the concrete proposal — product, service, terms
  • N = Narrowing down: spell out exactly who this is for, so the right reader feels addressed
  • A = Action: state one — and only one — action to take now

Pay attention to what changed from the original. The old PASONA's second step was Agitation — digging into the wound to amplify anxiety. In the new version it became Affinity. From "pressure them into buying" to "stand beside them." The fact that the framework's own creator made this update is the clearest evidence that hype-driven copy is no longer the mainstream.

For Kingfin affiliates, this is good news. As we'll see below, hype in financial content can collide with Japan's advertising law. New PASONA is structurally designed to sell without agitating — which makes it the ideal first framework for anyone who wants compliance and conversion in the same sentence.

What does a Kingfin pitch look like in New PASONA?

Enough theory — let's build one. Below is a model text (a writing sample) for the closing section of a blog post aimed at a salaried worker looking for a side hustle. Read each line against its label and watch the six steps do their jobs.

P (Problem): "You want to start a side hustle, but reselling needs capital and programming needs months of study — sound like the stalemate you're stuck in?"
A (Affinity): "I was the same at first. I was so afraid of shrinking my savings that I couldn't commit to any side hustle for months."
S (Solution): "A referral business — no inventory, no purchasing — lets you start with minimal financial risk. And the articles you write remain as assets."
O (Offer): "Kingfin is OlympTrade's official affiliate program. Signing up is free, payouts settle daily, and you can withdraw from a $10 minimum."
N (Narrowing down): "It's not for people who need cash this month. It's a system for people who can build up content steadily in their spare time."
A (Action): "Start by signing up free and checking the payout mechanics on the dashboard with your own eyes."

Three things make this work. First, every number in the Offer is a fact. "Free to join," "daily payouts," and "from $10" are all verifiable in Kingfin's published information — and not one yen of income is promised. Second, the Narrowing down step honestly names who it's not for. Disclosing the downside doesn't scare conversions away; it builds the reader's sense that "this writer is honest." Third, there is exactly one Action. Ask for a sign-up, a follow, and a comment all at once, and the reader does none of them.

One rule for the Affinity step: if you write personal experience, it must be real. Fabricating a testimonial is out of the question, and if you describe a simulation, label it explicitly as a model case.

Is that sentence legal? Hype copy "bad examples" and how to fix them

Once you know the formula, learn the words you must never use. Affiliate copy can fall under Japan's Act against Unjustifiable Premiums and Misleading Representations. Claims that make something look far better than it is ("misleading quality"), or terms look far more favorable than they are ("misleading advantage"), are violations regardless of your intent. And since October 1, 2023, stealth marketing — hiding that content is an ad — is also a violation (source: Consumer Affairs Agency of Japan).

Bad examples — write this and you're in trouble
  • "I found a side hustle where you're guaranteed to earn" → an absolute claim about results; risks misleading-quality violation
  • "Zero risk, ¥300,000 a month" → denies risk and promises an amount; doubly out
  • "Today only — a special exclusive deal" → fake scarcity risks a misleading-advantage violation
  • "Skip this and you'll regret it for life" → old-PASONA-style agitation; it erodes trust

So how do you fix them? The trick is not to stop being definitive — it's to swap promises for facts. You can't promise "guaranteed earnings," but you can state flatly: "signing up is free, and there's no inventory or purchasing." You can't write "zero risk, ¥300,000 a month," but you can write precisely: "the upfront financial risk is small — though results vary by person and no income is guaranteed." Facts may be stated with full confidence. In fact they should be. Just never promise a future you can't deliver.

Worried that copy without hype reads weak? In practice the opposite happens: exaggerated words raise the reader's guard. You've closed a page yourself the moment you saw "guaranteed profits." Hype only hooks the get-rich-quick crowd — an audience that doesn't stick around after signing up, and under a RevShare model contributes almost nothing long term. Honest copy isn't just legal protection; it's revenue strategy.

Verify your Offer step with your own eyes

Every fact you'd put in the Offer — the payout structure, daily settlement, the $10 minimum — is visible on the Kingfin dashboard. Sign up free and start by collecting your pitch material.

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When do you use other frameworks — AIDMA and PREP?

New PASONA isn't the only formula worth knowing. Two more belong in your toolkit, so you can pick the right tool for each writing situation.

The first is AIDMA. American advertising specialist Samuel Roland Hall presented it in his 1924 book Retail Advertising and Selling: consumers move through Attention → Interest → Desire → Memory → Action. Rather than a template for one piece of text, AIDMA works best as a blueprint for your entire publishing operation. Win attention and interest on X, build desire and memory with blog articles, then prompt action with the pitch at the end of the article — a clean division of labor.

The second is PREP: Point → Reason → Example → Point. It has no single credited inventor — it's a general business writing structure — and it isn't for selling at all. PREP is the formula for writing each body section clearly. Search visitors want the conclusion first, which makes PREP a natural fit for SEO articles.

Put together: design the overall funnel with AIDMA, write each section with PREP, and switch to New PASONA only for the closing pitch. That three-layer setup is the basic shape of a Kingfin affiliate blog. Don't try to deploy all three at once — start by practicing New PASONA on your pitch sections.

How do you write fact-based copy that converts without hype?

Finally, the raw material that powers your Offer step. A pitch persuades not through adjectives but through the density of verifiable facts. For Kingfin, these are the confirmed facts you can build on:

Confirmed Kingfin facts you can use in a pitch (as of 2026, public information)
  • Kingfin is OlympTrade's official affiliate program, operated by LIVINGTONE OVERSEAS INC., with a Japanese-language dashboard and support
  • RevShare is tiered and reaches up to 80% with bonuses combined; payouts settle daily and can be withdrawn from $10
  • CPA (a fixed reward per conversion) goes up to $250
  • OlympTrade has been a member of FinaCom (the Financial Commission) since 2016, with a compensation scheme of up to €20,000 in case of disputes

The writing rules are simple. 1) Use only numbers whose source you can verify. 2) Whenever you touch income figures, add "results vary" and "nothing is guaranteed." 3) Don't hide the uncomfortable parts — no instant cash, results take time. Copy written under these three rules may look modest in the short run, but it compounds through reader trust — and under RevShare, one conversion earned through trust outlasts ten earned through hype.

One more thing: even the best pitch goes unread in the wrong place. Where exactly to position your pitch block inside an article is covered in the link placement and funnel design guide — read it as a companion to this piece.

What should you practice starting today? The first 3 steps

A formula doesn't stick by reading about it. Here's a practice menu cut down to three steps you can start today.

STEP 1: Decompose your own "why I signed up" into the six steps. Writing out your own path to Kingfin as P→A→S→O→N→A produces the most natural pitch prototype you'll ever get
STEP 2: Rewrite the closing section of one existing article. Rebuilding the pitch in a post that already gets traffic shows you the effect faster than writing something new
STEP 3: Run a "hype check" three days later. You can't see it while you're still warm. Search your draft for "guaranteed," "definitely," "zero risk," and "promise" — and replace any hit with a fact

One prerequisite for all of this: understand the thing you're pitching. If the payout structure or the overall path still feels fuzzy, go through the complete guide to getting started with FX affiliate marketing first — your Offer step will suddenly have far more material to draw on.

Sales writing is not a talent contest; it's a repetition skill. With the New PASONA map in hand and nothing but facts for ammunition, write one pitch. Then feel for yourself how copy can be read — and acted on — without a single line of hype.

Frequently Asked Questions (FAQ)

Doesn't writing to a formula make the text stiff and unnatural?
The formula only fixes the order — the words are entirely yours. Stiffness usually comes from copying template phrasing just to fill each blank. Start with the STEP 1 exercise (decomposing your own sign-up story into the six steps) and you get the most natural combination: structure from the formula, substance from your own experience.
Old PASONA or New PASONA — which should I use?
If you're learning now, New PASONA — no contest. The old version's Agitation step amplifies anxiety, a technique that sits dangerously close to advertising-law violations in financial content. The fact that Masanori Kanda himself replaced it with Affinity in 2016 tells you the empathy-based version is today's standard.
Without hype, will anyone even stop to read?
What stops a reader isn't hype — it's seeing their own problem in your words. If the opening Problem step names the reader's worry precisely, they keep reading without a single exaggerated phrase. "Guaranteed profit" headlines actually get pages closed faster, and the readers they do catch rarely stay active — which means they generate almost nothing under a RevShare model.
Where in an article should the finished pitch go?
As a rule: right after the reader's question has been answered. In most articles, the most natural position is the late body, just before the conclusion. Placing it at the very top means selling before trust exists, which backfires. The related article on link placement and funnel design covers positioning in concrete detail.

[Disclaimer] This article is informational and educational content created by the Kingfin English Editorial Team. The strategies and methods described are reference information only and do not guarantee any specific earnings. Results vary by individual. Investing carries the risk of loss. When engaging in affiliate activities, please comply with applicable laws and the terms of service of each platform.

Hiro Hiraki
Written by
Hiro Hiraki
Editor-in-Chief, Kingfin JP. An FX affiliate specialist with over 15 years of financial and FinTech translation experience. Bilingual in Japanese and English.