Monday, July 10, 2006

Affiliates - Does This Damn Thing Work

What Are Affiliates ?

Affiliate Marketing is a popular method of promoting web businesses in which an affiliate is rewarded for every visitor, subscriber and/or customer provided through his efforts. It is a modern variation of the practice of paying finder's-fees for the introduction of new clients to a business. Compensation may be made based on a certain value for each visit (Pay per click), registrant (Pay per lead), or a commission for each customer or sale (Pay per Sale), or any combination.

The Above Paragraph Source : wikipedia

Wikipedia defines it better than me so I just posted their definition here.
its just a salesman job you do, bring the product seller's some customers with/out the help of your site and you get paid in commissions or sometimes even if you send traffic to other sites they give you commissions per visitor .

Do They Work ?

It definitely works for sellers because In most affiliates they have to pay only if the desired result/sale is achieved

But For Salesman like us it depends on a lot of factor like

  1. Website traffic - The website traffic is important in all advertising of your site ,you need visitors to click on ads or to buy your affiliated product
  2. Quality of affiliate product - The Quality of your affiliated product/ site should also be good so that your readers don't feel fooled , if they buy any of your affiliated product and are satisfied they might also buy some of your other affiliated product.(and just hope they forget the link of the site they brought the product first and everytime they go through your site hehe)
  3. Target readers for particular affiliates - This is a really imp factor because if your readers are not the product targeted people ,the affiliate simply wont work let me give you an example if I put a yoga online class link here ,you guess whether it will be successfully on a site like this one where only those who are passionate about earning money comes.
  4. Cost of affiliated product - make sure the product is not too costly but your commission is.
  5. The brand name of the company that's selling product - A product of a good brand has more possibility to get sold ,because of buyer's familiarity with the brand
  6. The commissions you get - what's the use of selling thousand dollar products and earning in cents .Make sure the affiliated product gives you a decent commission
  7. Space on your site to place the link or banner - make sure there is enough space on your blog/site to place the link.
Regular inventory of which affiliates work and which don't is a must . If an affiliate doesn't work just try another one and I m sure you'll be earning a lot with the affiliates program
Best Of Luck To All

And i made a record only 15 spelling mistakes!!!!

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