How to choose the best affiliate program to work with is not always an easy, straightforward choice. There are many factors to consider and by analyzing these factors one can narrow the available choices to those programs that will be the most profitable for the affiliate marketer. Below are some guidelines you can work with to help make your decision easier. Ask questions first before you join an affiliate program.
Do a little research about the choices of programs that you intend to join into. Get some answers because they will be the deciding point of what you will be achieving later on. Will it cost you anything to join? Most affiliate programs being offered today are absolutely free of charge. So why settle for those that charge you some dollars before joining. When do they issue the commission checks? 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. What is the hit per sale 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. How are referrals from an affiliate's site tracked and for how long do they remain in the system? The program you choose should be able to track the visitors that are referred from your site. This is the only way that you can get credit for a sale. The period of time that those people stay in the system is also important.
It is a well-known fact that most visitors will not purchase something at their initial visit to your website but they return later to make a purchase. Know if you will still get credit for the sale if it is done some months from a certain day. What are the kinds of affiliate stats available? Keeping detailed stats of the activity in your program is important. 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. Does the affiliate program also pay for the hits and impressions besides the commissions on sales? 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. 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. There are one and two tier affiliate programs available.
Is the one your are considering one or two tier? 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. Lastly, what is the amount 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. These are just some of the questions that need 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 your site from among the many available.
Peter Harris is an avid internet marketer commited to the development of the financial future of all those willing to work for it. http://youcanmakecash2.com
