Affiliate programs are a great way to
add to that revenue stream you are creating. But beware. All affiliate programs
are not created equal.
However, they all have the advantage of
having a product they created so that you don't have to. They also take care of
orders, customer service, and making sure that you get
paid.
1. The affiliate program should sync
with your site.
Please, don't be writing all about
internet marketing, and setting up blogs, and affiliate marketing, and then
sell products for dogs on there. If you have an interest in dogs,
then create a different site. Choose affiliate programs that have products for
you to promote that are related to the content of your site.
If you are in a really tight niche and at a loss for an affiliate, you can
search "your niche keyword + affiliate." If nothing
shows up then you need to move on to another niche.
2. The affiliate product should pay a
high commission.
Many of the affiliate products being
promoted these days are digital products - mostly e-books. These are incredibly
inexpensive to produce!
Although the creator may have spent some
time and money creating the product, once that is done there is very little
cost for the product to be transferred. These usually have a
very nice commission percentage. Products that must be manufactured and shipped
will have a lower commission.
3. The affiliate program should have a
two-tier program.
All that means is that you get paid a
little bit more. Your first tier will be what you get paid for promoting the
product and creating a sale. The second tier is what you get
paid for enrolling another affiliate in the program. You then get a percentage
of his sales, also.
4. The affiliate program should have
more than one product.
With only one product, the sale is made,
and your customer has no reason to return so you have no hope of more
commissions from that customer.
If the affiliate program has a line of
products, then the happy customer will return again and again, and with the
keeping of cookies, the affiliate will track the sale to you and
you will be paid.
5. The affiliate program should keep
your customers cookies.
When your customer visits the affiliate
site, their program will retain the information that you sent that particular
customer by recording a "cookie" for that computer.
Most programs will keep cookies for at least 30 days. Actually, this is not
very long as many people do not purchase until they have looked at
something 7 times. A good length of time would be 90 days. Some programs are
really good and will keep cookies for a year or even a lifetime.
6. The affiliate program offers great
marketing support.
Being able to promote any product well
comes from good marketing tools. Your affiliate should provide you with a large
choice of text links, as well as codes for images and banners.
Many will even add some e-mail promotions and a few articles you can use or
rewrite. Pre-written ads and sales letters are something else
that can be added to the mix. The more tools available, the better your chances
of success.
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