What Are Affiliate Programs?
Welcome to the wide world of affiliate marketing!
So, what is an affiliate and what does he or she do?
The affiliate marketer acts as a “middle man” between merchant and consumer, but without adding anything to the consumer’s cost. Affiliates do not mark up or resell products. Instead, the affiliate educates and directs the consumer to a product, and they receive a percentage of the sale in commission from the merchant.
The affiliate acts as an independent lead generator for the merchant by bringing in new customers.This is a win-win situation for both the affiliate and the merchant.
The affiliate can reap a full-time income marketing a whole suite of products that he does not own. They don’t pay for product creation, don’t have to ship anything and don’t deal with customer service issues or returns.
The merchant benefits from the influx of new customers, the boatloads of cheap traffic and low cost advertising. Merchants get their product and their brand in front of thousands of potential buyers without paying a dime until someone makes a purchase.
It is truly a pay for performance arrangement. It's also one of the toughest types of business to earn a significant income from. Competition is fierce and almost 95% of affiliates earn little or no income.
For the lucky few, the ones that know how to do it the rewards can be amazing. This course has been created to help you become one of the few and to perform at the very highest levels of Affiliate Marketing . . .
Choosing an Affiliate Program
Before you begin your venture into affiliate marketing, it is necessary to choose the right program for you. There are almost as many programs out there as there are products! When you first start out, it’s easy to go overboard signing up to as many programs as possible, but this isn’t the right way to go about it.
First, you need to decide on a area of particular interest to you. What products do you know the most about and think you could do the best job of selling?
Once you identify your specialty, you begin by sorting through the available merchants and examine the structure of their affiliate programs.
Key areas to investigate:
- When and how do you get paid?
- How much do you make per sale?
- Is the program managed well? Is this a reputable company?
Keeping these factors in mind, here are some great places to seek out products
you can promote:
Commission Junction (CJ) and Linkshare provide affiliate hubs for major brand corporations and mid-sized businesses. Their focus is generally on tangible products and services. Clickbank is the leading source online for affiliates ofinformation products like e-books, software and membership sites.
Enhancer Software -
1 comments:
Wow great post.
Which of the three affiliate programs would you recommend for a beginner?
Cheers,
Mr100
Post a Comment