How do you find the right affiliate program and product to sell? Before you start looking at affiliate programs to join you should take a pencil and a piece of paper and write down all the questions you have. And when you find a possible program to join ask the questions and do a little research. Try to get answers. Remember that the answers will be the deciding point of what you will be achieving later on.
The first thing you will look at is the price. What will it cost you to join? Most affiliate programs being offered today are absolutely free of charge. Why do I have to pay to be an affiliate? It depends on what the company offers you. Is it a business opportunity, a software-program possibility. In paid programs the numbers of competitors will be much lower. How is the demand for the products or services, the quality of the products, etc. You should ask your questions. Do researches on Goggle find out if there is a huge demand? Find out if you want to pay to join a program.
Second ting – when will you receive your commission checks? Every program is different. Some pay you directly into your account at once, some issue their checks every 14 days, some once a month, etc. Select the one that is suited to your payment time choice. Many affiliate programs are setting a minimum earned commission amount that an affiliate must meet or exceed in order for their checks to be issued.
The third thing you have to think of is how much traffic you have to create before you get a sale. What is the sale each visitor who visit your affiliate site? What marketing tools does the company offer you? Do you have access to take a look at affiliate statistics? This factor is extremely important because affiliate statistics s will tell you how much traffic you need before you can earn a commission from the sale.
How does the company track referrals from an affiliate’s site and for how long do they remain in the system of the company? You need to be confident on the program enough to track those people you refer from your site. This is the only way that you can get credit for a sale. How long time wills those people stay in the system. Some visitors do not buy initially but may want to return later to make the purchase. Know if you will still get credit for the sale if it is done some months from a certain day.
What kinds of affiliate stats are available? Detailed affiliate stats are an important part of an affiliate program. They should be available online anytime you want to check them out. Checking your individual stats is important to know how many impressions, hits and sales are generated from your page. Impressions are the number of times the banner link was viewed by a visitor of your site. A hit is every time a visitor clicks on the banner.
Who is the online retailer? Find out what kind of company is behind the scene, is it a solid company you are doing business with or will the company be gone tomorrow. Know the products they are selling and the average amount they are achieving. Does the company offer you special discounts if you want to buy the products? People who get the sale often know the products and use or have used the products. The more you know about the retailer offering you the affiliate program, the easier it will be for you to know if that program is really for you and your site.
What about the compensation plan? Is the affiliate program a one tier or two tier program? A single tier program will only pay you for the business you have generated. A two tier program pays you for the business, plus it also pays you a commission on the sales generated other affiliates you have sponsored. You can find two-tier programs that are paying small fees on each new affiliate you sponsor. It is like a recruitment fee. Depending on the products but check it out because this can be very important for your earning in the future. If you can build a team and earn an income every time one of your team members makes a sale.
Is it a low cost product or a high ticket product? Do you get 25% in commission each time you make a sale of 20 USD – that is 5 USD to you – or do you get 70% commission on each sale of 2000 USD – 1.400 USD to you. What about the marketing cost. How will you get the traffic? Do you know how to generate free traffic or will you use PPC. What is your marketing budget?
In most programs you will get 20 – 50% in commission, but you will also find programs which pay you 70% in commission. An example is YourNetBiz- a high ticket program, which pay you 1.400 USD for each 2.000 USD sale. From the figures you can see, why the average sales amount and hit to sale ratio is important.
These are just some of the questions that needed answering first before you enter into an affiliate program. You should now be familiar with the most important aspects that your chosen program should have before incorporating them into your website. Remember to ask the questions before you join your affiliate program. These can help you select the right program for you site from among the many available.
This Article was written by Kurt Holm. Kurt Holm has been working with online marketing in several years and has written a free report about how anyone can get success building an online business. For a limited period you can get his FREE report “6 pages to a 6 figures″ where he tells how anyone can get success in online business .
{ 0 comments… add one now }
Leave a Comment