So Many Affiliate
Programs! Which One Do I Choose
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 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.
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 you site from among the
many available.
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