In my last post I told you about the 2 affiliate programs that I like to use. (Click Here To Read) But if you decide to find a different program, think of these things before you decide which ones to use.
Ask questions first before you join, do a little research about the affiliate program that you intend to join. Get some answers because that will be the deciding point of what you will be achieving later on.
When Choosing An Affiliate Program Ask-
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. Choose one that is suited to your payment time choice. Many affiliate programs are setting a minimum earned commission amount that an affiliate must meet 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 in the program enough to track those people you refer from your site. This is the only way that you will get credit for a sale. The period of time that those people stay in the system is also important. Because some visitors do not buy right away, but may return later to make the purchase. Find out if you will still get credit for the sale if it's done a few months from the day they visit.
What affiliate stats are available to me?
The affiliate program that you choose should be capable of offering detailed stats. They should be available online anytime you decide to check them. 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 as well as 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 who 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 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 refer to the program. Some two-tier programs are even paying small fees on each new affiliate that joins through you.
Lastly, what is the amount of commission paid?
If you find a program that also pays for impressions, even though it's probably not much, what do they pay per impression?
These are just some of the questions that should be answered before you enter into an affiliate program. You should be familiar with the important terms that a program has, before offer their products on your blog. Try to ask your affiliate program these questions. These can help you select the right program for you site from among the many available.
What is your favorite affiliate program? Tell me in a comment.
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