How To Choose A Successful Affiliate Program
October 15, 2009 by John Walters
Filed under Affiliate Marketing
The ultimate question for you should be which affiliate program do I choose? But also: Is it right for me? Do I get everything I envisioned out of it? With the amount of information available today, it is a difficult task to begin with. And most important, are the sources even trustworthy? In some situations, you could face legal consequences; be aware and use your common sense and seek legal advice if you’re unclear on anything concerning your business.
You can earn commissions by promoting credit cards from some of the largest banks in the United States. While It is very competitive, yes, it also pays a large commission amount – but how much money do you have to spend to promote it?
Research – Research – Research ……… Your Plan Of Success. When looking for the right affiliate program to participate in, make sure to search the extra mile for those programs which offer you more than one way to earn cash. The combination is what at the end makes you more money.
A program that will pay you for a combination of any of these actions: The click of your referral link. The lead when they complete a signup box on their site. The trial download of their product or service. Their purchase of the product or service. These are the most popular because they are an affiliate marketing website’s gold mine. While they are few and far between, there are some programs that will pay for each of these actions.
Pay Per Sale (PPS) is the most frequently used form of affiliate marketing; You are paid a commission when a visitor clicks on your link and then purchases a product from the website. This method is most often used by large retailers. The best advantage this type of affiliate marketing provides is the high commission these internet retailers pay out. Top shelf items equals top shelf commission; take for instance software programs such as Dreamweaver (software for designing your own site pages) which retails at $899-a 25% commission on this is $224.75! The only thing you need to watch out for is low pay -outs and the fact that returned items also strip you of your commission.
Pay Per Lead (PPL) is another popular form of affiliate marketing; based on acquiring information from the visitor for the retailer’s site. Because there is no actual purchase required, visitors are more apt to leave their personal information in return leaving you a commission, however this is also why the commission is less generous than other types of affiliate marketing.
In Pay Per Action the objective is essentially to find potential customers to invest a little more time in the product or service you are promoting by downloading a trial version of a software program for example. Again, such as in Pay Per Action, commission will be less generous because there is no actual purchase made. Risk: If the performance of the product or service fails to impress the visitor, they will simply cancel the program rather than purchase it.
Another way to make money is to promote your affiliate product via PPC (Pay Per Click). You should know, because of the high risk of losing your money, this is not for everyone, and probably not the one you want to get your feet wet with. You will have to investigate your niche thoroughly to know the “WANTS” and needs of your customers, combined with the perfect set of key word-mixture; this one will be worth your while and it end up being the most cost effective as well. Another point of trouble with PPC, is someone may steal your affiliate link and you’ll end up with nothing, however, the trucking(or is it tracking?) methods have significantly improved over the last years and the risk of loosing your hard earned money is significantly lower. PPC can be very lucrative if done right.
Look for part 2 of this article: Making The Visit To Your Website A Memorable One.





