Affiliate Programs - Follow These 3 Most Important Tips To Find Good Ones
If you're looking for a perfect marketing system that's almost hands off and generates money
, then Affiliate programs are for you. It's a system that rewards people to endorse some other people's products or services online.
In affiliate programs, there are at least 3 parties involved - The merchant site, from where the products and services are available. The affiliate site, the one that endorses the products and services on the merchant site and gets paid for any conversions (traffic to the merchant site, sales lead or the customer purchased a product or service). The customers, the ones looking for products or services and basically the source of revenue for both the merchant and the affiliate.
As affiliate programs are very effective in internet marketing, more and more programs are now available. To the average internet marketer who wants to earn some cash, choosing the best programs can quite be some tough choices to make. So here are 3 best tips to find good affiliate programs.
Here are the 3 Most Important Tips on Finding Good Affiliate Programs
Product Marketability
Most of the time, the merchant sites will pay the affiliates for every successful sale. It's a commission basis. If this is the program that you choose to be in, then work on researching if how well does the product your endorsing sell. Ideally, products and services that are in-demand have the best chances of getting sold. So it's like that you need to look for these products. On the other hand, if your program pays you just to bring traffic to the merchant site, then it's much easier. Take note however that the pay for this type of affiliate program is not that big. Another type of affiliate program is getting sales leads to the merchant's products or services. This pays usually bigger than just bringing traffic to the site and also requires a slightly different tactic to get. Knowing these types of affiliate programs will allow you to choose a product that bests suits your strategy to maximize revenue.
Commission Rate
Try to assess the costs and revenues of your affiliate campaign. At the start, you will most likely have some deficits and may be spending more towards advertisement. But as the time goes on, you need to monitor statistics to see if you can earn money with that setup or it's better to stop it now and avoid the extra expenses later on. Look for affiliate programs with good commission rates and less cost to promote.
Is the merchant's sales page fully optimized to secure a successful sale?
The purpose of all the endorsements that you'll be doing is just simply to get people to the merchant's website, but it doesn't end there. Once on the website that's where the merchant takes over. The most important aspect of this is the merchant's selling page. Go ahead and take a look at it yourself then ask a few questions. Does it look credible? Does it have publicly known approval ratings or endorsements? Is the web content enticing to customers? You can have the best page layout in the world but if your content does not hit what the customers are looking for, then the chances of getting sales are minimum. Is the page layout optimized to highlight the main benefits for the customers and is the call to action part strong enough? If you have credible references and great web content, you need to have them arranged in the most effective way to get your message across to your customers. Don't make the customer look for what you want them to read. Present it to them on a silver platter to increase the chances of making sales.
These tips might sound common sense to many, however it has been proven time and time again that common sense is not common practice in business. When people learn more, and that includes running affiliate programs, they tend to forget the basics.
As with any business, what you need to do is lay a solid basic foundation first before you can climb up. Start right and surely you will find your way easier into a successful affiliate marketing business in the future.
by: George Tee
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Affiliate Programs - Follow These 3 Most Important Tips To Find Good Ones Anaheim