Choosing the right affiliate
program to promote
Do a little research about the choices of program that you
intend to join into. Get some answers because they will be the deciding point of what you will be achieving later
on.
Joining Cost: Most affiliate programs being offered today are absolutely
free of charge. So why settle for those that charge you some dollars before joining.
Periodicity of payment: Every program is different. Some issue their checks once a
month, every quarter, 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.
Click to sales ratio: This is the average number of hits to a banner or text link it
takes to generate a sale based on all affiliate statistics. This factor is extremely important because this will
tell you how much traffic you must generate before you can earn a commission from the sale. Obviously, you would
want to promote a program that will enable you to achieve the greatest profits in the shortest possible
time.
Mode of tracking of referral cookies and validity of referral
cookies: 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 credit for a sale.
The period of time that those people stay in the system is also important. This is because 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.
The kind of statistics and analytics available:
Your choice of affiliate program should be capable
of offering detailed stats. They should be available online anytime you decide to check them out. Constantly
checking your individual stats is important to know how many impressions, hits and sales are already generated from
your site. Impressions are the number of times the banner or text link was viewed by a visitor of your site. A hit
is the one clicking on the banner or text links.
Clicks and Impressions get paid or not:
It is important that impressions and hits are
also paid, as this will add to the earnings you get from the sales commission. This is especially important
if the program you are in offers low sales to be able to hit ratio.
Who is the online retailer? Find out whom you are doing business with to know if it is
really a solid company and that has a solid track record of paying their affiliate easily and on time. Know the
products they are selling and the average amount they are achieving. 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.
Is the affiliate a one tier or two-tier program?
A single tier program pays you only for the business
you yourself have generated. A two-tier program pays you for the business, plus it also pays you a commission on
the on the sales generated by any affiliate you sponsor in your program. Some two-tier programs are even paying
small fees on each new affiliate you sponsor. More like a recruitment fee.
Percentage of Commission paid: 5% - 20% is the commission paid by most programs. .01% - .05% is
the amount paid for each hit. If you find a program that also pays for impressions, the amount paid is not much at
all. As you can see from the figures, you will now understand why the average sales amount and hit to sale ratio is
important. Choose the ones that have a generous commission structure.
Fit with the target audience: Have products that fit in with your target audience.
These are just some of the questions that needed answering first
before you enter into an affiliate program. You should be familiar with the many important aspects that your chosen
program should have before incorporating them into your website. Try to ask your affiliate program choices these
questions. These can help you select the right program for you site from among the many available.
|