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? 20% - 80% (and some
cases, 100%!) 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 answers to these questions before selecting the right one for you.
Thanks for reading, and if your interested in more posts that I have written please visit my blog at EntrepreneurKey.com
Author Resource:
If you want to learn more about the exciting world of affiliate marketing, and how you too can start making the big bucks, subscribe to my blog at Entrepreneur Key - Business Key To Success and start reaping the awards from the affiliate cash cow!
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