Friday, July 6, 2012
What are Affiliate Programs and How To Select The Right?
The affiliate acts as an "intermediary? between business and the consumer, but without adding anything to the cost of consumers.
Members do not use their own brands or resell the products. Instead, members educate and guide consumers to the product and receive a percentage of commission business.
The affiliate acts as an independent prospect for trade bringing new customers.
This is a win-win situation for both the affiliate and the business. The member can make a full time income promoting a range of products that do not belong. Do not pay for product creation, do not have to deliver anything and not have to deal with customer service or returns.
The business benefits from the flow of new customers, the large amount of traffic and low cost advertising. The business carry your product and your brand in front of thousands of potential buyers without paying a penny until someone makes a purchase.
It's really a performance-pay treatment.
It is also one of the most difficult types of businesses to achieve significant revenues. Competition is fierce and almost 95% of members get little or no income.
For the lucky few, those who know how to do, the rewards can be surprising.
How to Select an Affiliate Program
Before venturing out with affiliate marketing, it is necessary to choose the right program for you. There are almost as many programs as products! When you're starting out, it's easy to register in the program are, but not the right way. First, you need to choose an area of particular interest to you. What products do you think you know better and can do the best job in sales?
Once you identify your area of expertise, you begin to classify the available offers and to examine the structure of their affiliate programs.
Here are some key areas to investigate:
1. When and how you get paid?
Find out if the program paid weekly, bimonthly, monthly, etc. Most programs have a minimum payment amount, so you will not receive your commissions until you reach the minimum number of sales of the pay period. You should investigate whether the program will pay by check, direct deposit, PayPal, any other electronic means of payment or a combination of these.
2. How many generations per sale?
Remember that you are investing your own money on advertising and other expenses to promote these programs. Therefore, you should look for programs that compensate affiliates very well. Search also high-value products. Fifty to sixty percent commission on a $ 100 product is very good.
3. Is the program well managed? Is it a reputable company?
Large companies often have "affiliate managers? responsible for maintaining contact with members. Even if you decide to be with a small firm must provide contact information at least clear. You could try sending emails to their contact to see how quickly respond to your communications. Mismanaged programs are at best a sign of disorganization, and at worst, an indication of a company in trouble.
The last thing you have done a great job and great sales commissions earned and see that the dealer goes out of business before paying you.
...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment