Affiliate Marketing For Beginners – What Is The Best Affiliate Program For Me?
July 9, 2011 by Craig Relph
Filed under Affiliate Marketing
It’s always a good idea to ask questions first before you join any affiliate program. Do a little research about the choices of program that you intend to join. Get some answers because they will be the deciding point of what you will be achieving later on.
Will it cost you anything to join? Most affiliate programs being offered today are absolutely free of charge. So why settle for those that charge you some dollars before joining.
How long will your vendor make you wait to get paid? They are all different! Some pay monthly, others quarterly, make sure you are happy with the time you need to wait before you start promoting their products. Some affiliate programs will now specify a minimum commission amount that has to be earned before they pay out.
Are you aware of what your ratios are? If you are serious about your business you should be aware of how many times someone has to click on your link or banner on average to generate one sale.
It is important that you keep an eye on your statistics to see how your campaign is progressing. We would also recommend you find how long they stay on their system as it is quite common for someone to decide not to buy from you today, but they may well do so at some future date. We recommend that you try and find out if you will still get paid if that is the case.
Make sure you know the type of statistics that are available; we would certainly recommend you to go with the affiliate program that has quite detailed ones. It is important to keep an eye on your impressions and hits; these should be available to view at any time from their website.
You may possibly want to place a link on your website to a particular company or product, so it would make good sense to find out as much as you can about the retailer of your product or service. Try and find out how much they are selling, this is often referred to as ‘gravity’. The more knowledge you can acquire in this area will help to determine whether it is right for you.
Finally, how much commission do they pay per sale? If they sell electronic products such as software, e-books etc, commissions tend to be around 50% – 75% of the purchase price, however commissions will be lower if they supply a physical product that needs to be shipped.
Try to get you chosen vendor to answer as many of these questions as you can before you decide to promote their program. If you have a website that you are looking to promote some products on, make sure your chosen product reflects well on the type of website you currently have. There are literally thousands of products you can choose to promote, so make sure you get the right ones for you and your business.
The most important single piece of software that we have ever used to build our affiliate marketing business can be found here www.passiveprofits.info We recommend you don’t try and build your business without it!