6 Tips For Affiliates - Choose Your Merchant Wisely
Affiliate marketing has become increasingly popular in recent years. Affiliate programs offer merchants the opportunity to employ vast armies of sales people who only get paid for the results they achieve.The rewards for affiliates are high too, and the skilled affiliate marketer can make many thousands of dollars a month. This win-win situation has lead to an explosion in the number of affiliate programs that are available to the would-be marketer. With this proliferation of opportunities comes the question, how do you go about choosing the right one for you? What qualities should you look for in a program? How do you go about choosing a program that is right for you, and which gives you a good chance of providing a sustainable income? In this article I will give you some tips that will help you to evaluate merchants and their programs and hopefully help you avoid wasting time and money. Here are some common questions that you should ask:
1.How Much Commission Does the Merchant Pay?
I know this seems obvious, but it is important to determine that amount that you can expect to make from a sale. There is no point in spending time and money on promoting a product that doesn?t pay well. It is probably best to stick with products that have a high commission value,unless you have found a niche market where you can sell vast quantities of product, and make substantial commissions on your volume of sales.
2. How Much Traffic is The Merchant Getting To His Site?
Try to find out the volume of traffic that the merchant?s site is already receiving. Alexa.com may be useful in doing this research. If the site is ranked in the top 100,000 the merchant is getting a good amount of daily traffic, and there might already be too many affiliates. If the site is ranked below 500,000 it is either no good and not worth bothering with or it might just be a golden opportunity to make some real money! Always research a merchant?s product particularly if the site has a low traffic ranking. If all is well, you may have found a goldmine!
3. How Often Do They Pay Their Affiliates?
Some merchants pay as often as every week; some once a month, others only pay every quarter. It is important that you know how often you can expect a pay check if you are going to have financial control over your business.Do you have the financial resources to continue to market the product if you have to wait a long time before you get paid? It may also be wise to find out the minimum that you need to earn in order to get paid.
4. Does The Company Use Tracking Cookies?
5. Does The Merchant Pay on Subsequent Sales?
Some merchants will only pay commission on sales that come through directly from your link. If the customer returns again via another route you will not get paid. It is important that you get paid no matter what route the customer returns by if you are to build a sustainable business.
6. What Promotional Resources Does The Merchant Offer?
Look at the type of promotional material that they provide. Do they provide articles or content that you can use to promote them on your site or free guides, offers or samples? If the promotional materials are good it is likely that the merchant will work with you as their affiliate to promote their business.
Finding the right merchant can be a tricky business. The best advice is to do your own research. Use the above questions as an aid in finding a merchant that will enable you to reach your financial goals. You never know-you could strike gold!
About the Author: Paul Winter lives in the UK. he has been marketing online for the past six years. He is the Webmaster of The Internet Marketer's Homepage which can be found at http://www.800amonth.co.uk