Affiliate Marketing
Thanks for signing up for the affiliate marketing ecourse. You will get one lesson per week in your email and in ten weeks you will be able to
complete the course.
During the week we would like you to take action on any one of the things you learn each week. You can download the MP3 on to your iPod or MP3
player and listen to it while travelling to work, going for a walk, etc.
You can contact me at any time during this ten week. If you have any questions you have to just Ask Rangoo. I will get back to you asap.
You can also read the answers to some of the frequently asked questions at Ask Rangoo FAQ.
Week Two: Second Lesson
So Many Affiliate Programs! Which One Do I Choose?
Ask questions first before you join an affiliate program. Do a little research about the
choices of program 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? You need to be confident on the program
enough to track those people you refer from your site. This is the only way that you can credit for a sale. The period of time that those people
stay in the system is also important. This is because some visitors do not buy initially but may want to return later to make the 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? 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 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.
Is the affiliate a one tier or two tier program? 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 needed 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.
This audio article was brought to you by Niche Audio Content.
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