Affiliate marketing is a method of marketing for web businesses through websites, ads and other forms of promotion for other companies, and paying out a commission. In other words, the affiliate earns commission for every visitor, subscriber, customer, and/or sale provided through his/her site.
The commission is determined using methods like certain values for each response affiliate marketing leads to, such as pay per click, pay per lead, Cost Per Acquisition and pay per sale. In order to become an affiliate marketer, the first thing to do is search the Web for affiliate networks and join the one that suits you best, like Affiliate Program Directory or Avangate Affiliates Program.
Steps In Joining An Affiliate Marketing Program
Once you've decided to join a specific program, fill out an online application form to become a member. Once you do, you'll be asked to provide personal information, such as your name, address, the payment mode you wish, and your site info (URL, name, description of content). You will also be asked to agree to a service contract; however joining the majority of affiliate networks is generally for free. Once your application is approved, you could choose the affiliate programs that deem appropriate and interesting to you. If the affiliate program managers approve of you, they would then guide you through the affiliation process, such as posting links on your Webpage.
Keep in mind that it is most probable you would not make a quick profit right away, and since you will most likely get paid according to the amount of clicks from your site that generate into sales for the program owner's site, the earnings from affiliate marketing programs can be rather minimal at the start. The amounts that you earn for every conversion will be pooled until you reach a minimum amount, generally some tens of dollars, that can then be paid out to you.
How To maximize Profits With Affiliate Programs
To make sure that you earn enough from a program, choose an affiliate network that is credible and well-known. Ensure that you check certain aspects of the program, such as how long the program has been running, if a super affiliate is promoting the affiliate program, the amount of traffic the site is generating, or the structure and payment modes of commission. Here are some important tips to bear in mind:
- It would be best to also first ascertain the percentage of commission on the sales of the chosen affiliate program. See that the commissions paid out are at least 20% or above. Do not agree to get paid within the 10% range, even for high-end products. Always keep in mind that you have to raise the money for marketing and advertising, and that the commission should pay for your operating costs, and still leave you a respectable profit. Specifically find out the minimum commission payments before joining.
- If you want to earn double, try going for 2-tiered programs. A 2-tiered program can earn you more through the commissions you earn from your sub-affiliates, however these could be very meager amounts. If you get more and more sub-affiliates to join you, then only this will boost your earnings.
- It is also worth noting that the best affiliate marketing programs keep active the customer referral cookie for 60 to 120 days. By doing so, if your visitor decides to buy the product directly from the principal vendor's website within 120 days of their first visit via your link, you still get the commissions you deserve.
Vanessa A. Doctor from Jump2Top - SEO Company