What To Look For In An Affiliate Partner
Sunday, October 5, 2008
Affiliate websites are one of the fastest growing wings of e-commerce. You can literally find thousands of affiliate partnerships to choose from. This is both good and bad news. The good news is that there are great affiliate deals to be found online that haven't yet been over-saturated by partnerships. The bad news is that there are affiliate partners out there that you shouldn't touch with a virtual ten-foot pole.
There are a number of steps you should take before signing up with an affiliate partner. First, you should read the affiliates terms and conditions. Too often, budding marketers skip over an affiliates terms. An affiliate partner may not allow for Google Adwords or other marketing avenues so make sure this is not explicitly laid out in the affiliates terms and conditions. If there are no terms of service, this should be a warning in itself. A reputable affiliate will normally have terms of service.
Payment is obviously a huge one. Make sure the affiliate has reasonable terms. Some affiliates, such as Amazon, only pay out after a set number of sales—you do not make a dime on the first, second, or even tenth sale. Other affiliates will pay out for each sale. The flip side is that an affiliate with a sales minimum may also have a better percentage payout. The best-case scenario is to find an affiliate partner that pays out for every sale and offers a good percentage.
This will be all for naught if the affiliate does not pay out in a timely manner. Try and not learn from experience, in other words, don't get burned. Instead, learn from other people's experience. Go to affiliate marketing forums to see if a particular affiliate has a good or bad reputation. The trouble here is that a new affiliate might not have a marketer base yet, and these affiliates usually offer the most attractive terms in order to bring affiliates in. Use some common sense—if the affiliate's site is well designed and they offer a good and useful product, you could try and test the waters.
On that front, it is sometimes a good idea to find an affiliate partner that is not overly saturated. If you offer a service that can't be found on every other web page, it can lead to a better sales rate. However, once again there's a flip side: if it's a virtually unknown site, it's harder to build up buyer's trust, as compared to well-known affiliate programs like Amazon or the Discover card. A lot of the onus falls on you—if your site is well designed and well managed, buyers will trust your affiliate links.
For more information visit: http://www.markethealth.com
Why Affiliate Marketing Is So Important
Friday, September 19, 2008
Much of the information you'll find online is aimed at affiliate marketers: Make millions online! While many of these claims are overblown, they also get the attention of small and medium-sized businesses that also want to cash in on the affiliate marketing gold rush. Becoming an affiliate is as lucrative a proposition as becoming an affiliate marketer. For this reason, you'll see new affiliate opportunities arising each and every day for Internet Home Based Business
Look at what a business is getting if it starts an affiliate program: free advertising. That's the simplest way to put it. The marketer signs up with the business and agrees to put a link on a website. The business only has to pay for this service if a sale is made—normally for a reasonable commission. As this is a sale that wouldn't have been made without the affiliate marketer's site, it is money well spent.
Even if a sale is not made, the link provides a method of advertising that can increase name recognition. Most business owners know that people might not make a purchase until the fifth time they see a brand name or come surfing to a site. An affiliate program can spread the word about a business on dozens upon dozens of sites. When combined with more traditional types of advertising, this can be a great way for a new business to get a foothold or an established business to expand its reach. These links can help search engine ranking as well.
The trick to a good affiliate partnership is finding quality marketers. While you obviously want to have your link on as many sites as possible, you also want those sites to be adept at generating traffic and sales. The fact remains that a large number of affiliate sites are posted and then never updated again. A business wants to find marketers who will design a professional-looking site and market that site effectively. At affiliate forums, businesses can hook up with marketers to start a relationship. A business owner can get a sense of the marketer's skill and drive from his or her stable of sites.
There's a lot of competition for marketers out there, especially established, quality marketers. Your best bet is to offer very attractive terms—a higher commission than the competition or a unique link layout. It should go without saying that your own site is well designed. An affiliate marketer wants to make a sale just as much as you do, and marketers won't sign up with a site that is poorly constructed. Offer a good site and a good product and you'll bring in more affiliate marketers. All this said, it is no surprise that affiliate marketing is growing at such an exponential rate. It is as important to business as any other type of marketing.
For more information visit: http://www.markethealth.com