Affiliate Marketing – Can You Make Money With It?

Affiliate marketing is a wide-spread strategy used in Internet marketing where a merchant or webmaster rewards affiliates for their marketing efforts which direct potential clients to the website where they view a sales page and if sufficiently impressed with the product they may make a purchase. Affiliate marketing, AM for short, is the act of selling a product for a commission and if it is done correctly the rewards can be huge and of course you can work from home.

This type of marketing has made a terrific impact on the Internet marketing scene, particularly on those companies which started in the early years of e-commerce. It is the most cost effective sort of marketing there is, and is indeed incredibly efficient.

It has now become normal practice for companies to include affiliates in their marketing plans, as it offers a very attractive online channel with complete precision and accountability.

Affiliate organizations are varied and include individuals, organizations and businesses, networks, management companies, third party vendors, and other affiliates that promote the products and services of their partners.

Affiliate marketing really is an excellent system. You never have to touch a product, carry stock, or arrange deliveries. And when the customer makes a purchase you get paid. Network marketing is an extension of AM and also involves selling a product for a commission, but in addition it focuses on bringing other resellers (or affiliate marketers, distributors or representatives) into the program as well.

AM is not difficult work, but the marketer does need to have a clear understanding of what she or he is aiming to achieve. It is definitely a good way to build a business that can potentially become a full time job. To be an affiliate of third party companies like Commission Junction or Clickbank costs you nothing. The affiliate’s objective is to sell or get leads for someone else’s service or product. Because this form of marketing is attractive many people are drawn in to the business and it has therefore become very competitive

As an affiliate you begin by placing ads for your chosen product on your Web site and/or in suitable advertising sites. When a user clicks on the ad, your visitor will go to the Web site where the product is described and they can learn of the potential benefits the product or service will provide for them. The affiliate marketer is performance driven because he or she is paid only when the merchant has achieved the predetermined goal This goal can be anything that a merchant has to get done, for example getting conversions (convincing the customer to buy his product), accumulating data, leads generation, getting feedback or anything at all. The whole idea of affiliate marketing is based on the “No cure no pay “-principle.

Generating extra income has become much easier although very competitive. Thousands of the more popular products are marketed on the internet every day using affiliate marketing strategies. Most companies and vendors make use of affiliates to sell their product or service, there-by greatly increasing their turnover and at the same time the affiliate is able to earn money.

Which Affiliate Program Could I Choose?

AffiliatingWill it cost you anything to join? Most affiliate marketing programs being offered today are absolutely free of charge. So why settle for those that charge you some dollars before joining. 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.

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. 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.

How Affiliate Programs Work

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.

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.

Affiliate MoneyDoes 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.

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.

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.

Lastly, what is the amount of commission paid? 5% – 20% is the commission paid by most programs. .01% – .05% is the amount paid for each hit. But There are programs that pay more than 30%, sometimes even more than 40%. 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.

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.

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 marketing program choices these questions. These can help you select the right program for you site from among the many available.

What Is LinkShare And What Could Do?

Affiliate Network

AffiliatingLinkShare is especially beneficial for an affiliate in choosing his partners since he can find his options all in one location. It would be easier for him to compare products, commission rates and other benefits given by the merchant. The merchant usually just waits for interested affiliates to sign up in his affiliate marketing program but being in the network increases his chance to promote his products to a larger market, thus, maximizing his potential to gain huge profit.

Furthermore, every information you get is accurate and secured, so you are protected from all the risk you might encounter. Above all, you can enjoy LinkShare’s benefits for free. You just have to go to their site and register your website. Instantly, you get access to a great variety of affiliate programs available for you.

LinkShare helps you manage and maintain all records of your visitors’ click-throughs and sales transaction. It takes care of your commissions and gives it to you monthly in lump sum. Especially when you have more than one merchant partner, it would be easier for you to manage your accounts and track your earnings when you are affiliated through a marketing program network.

Do you need to use LinkShare or other networks? And would it help somehow? It depends, actually. You can opt for direct partnership with the merchant, but this choice is not applicable all the time. There are a lot of merchandisers who offer their affiliate program only through affiliate program networks and thus, you have no choice other than joining the network to get into the affiliate marketing program.

So, what’s on the negative side? Although, it is indeed helpful to join affiliate marketing networks such as LinkShare, there are some disadvantages, too.

For one, merchants offer lower commissions to affiliates who partner with them through the third party program network. This because they still have to pay for the use of service and the technology provided by LinkShare.

Direct partnership with the merchant cuts costs of advertising through the network and so the affiliate has bigger potential to earn more. Moreover, it is possible that your payment may be delayed for a month or more since program networks would pay you only after the advertiser or the merchant has paid them.

It’s also easier to track your business partner’s performance through monthly reports and statements, as well as its sales and commission rates, so you know whether the affiliate program is still worth continuing. If you have signed up for several affiliate programs, you can check all your statistics for each merchandiser you are affiliated with by logging in just once.

LinkShare provides the facility of acquiring access to a large network of advertisers (merchants) who offer their affiliate programs to publishers (affiliates) who are willing to promote their products. In the same manner, it gives the merchants access to a large network of affiliates who are searching for affiliate marketing opportunities.

Joining networks like LinkShare can be of great help in establishing your online marketing business. Whether you are a merchant or an affiliate marketer, you need to research well on your partners in order to choose the best for you.

Best Affiliate ProgramsAmong the most popular is LinkShare, it is through it that merchants and affiliates meet. LinkShare maintains and manages affiliate marketing programs for a great number of merchants with various kinds of businesses, products and services. It also has over 6,000 affiliate site members in its network. It gains profit from the set-up fees, monthly account maintenance fees and commissions.

To help you decide whether to use large affiliate networks such as LinkShare or not, let us try to look deeper into its positive and negative sides. The primary advantage of LinkShare to you as an affiliate is convenience.
It’s also easier to track your online marketing business partner’s performance through monthly reports and statements, as well as its sales and commission rates, so you know whether the affiliate program is still worth continuing. If you have signed up for several affiliate programs, you can check all your statistics for each merchandiser you are affiliated with by logging in just once.

As earlier mentioned, you find different pieces of information about your choices simultaneously all in a single location, so you save time and effort looking for affiliate programs or merchants.

To help you decide whether to use large affiliate networks such as LinkShare or not, let us try to look deeper into its positive and negative sides. The primary advantage of LinkShare to you as an affiliate is convenience.

Online affiliate marketing is one of the most effective, cheapest and fastest ways to promote merchandise. With millions of people getting access to the Internet everyday, there’s a great chance for a merchant to introduce his products and services to a wider market, thereby, maximizing his revenue.

Affiliate NewsLikewise, affiliate marketing is an excellent way to generate full-time income for a home-based affiliate marketer. For someone who is jaded of going through a grueling eight-hour work routine, affiliate marketing offers a great opportunity to earn big without wearing himself out—physically, mentally and emotionally.

In affiliate marketing, both parties are benefited since as the merchant earns from each item sold, the marketer likewise earns a commission.

If you are interested in affiliate marketing but are finding it hard to look for affiliate programs, affiliates or merchants, you can start by checking sites of various affiliate networks. Many affiliate programs in the Internet are being offered through an affiliate program network, which acts as a link between the merchants and individual affiliates.

An Overview of Affiliate Marketing Programs

Affiliate Marketing ProgramsA relatively new method of generating income in the age of the Internet is called affiliate marketing. It is an option for making money that a great many site owners have adopted, with a great deal of success.

The site owners who agree to allow another company to use their Web site to promote their products receive a commission from the sale of these items. It costs the host company nothing up front to have their products offered by other Web sites; no money will change hands until the new customer decides to purchase the product from the main Web site.

The way these affiliate programs work is actually quite simple. They seek to reward webmasters for allowing an outside company to promote their affiliate marketing products and other materials on their sites. Consider for a moment the example of Webmaster A who owns a site that promotes a series of e-books. Webmaster A gets a certain amount of traffic to his or her site, which generates a certain level of sales. Now consider how the level of sales activity would increase if Webmaster A had 100, 1,000, or even 10,000 sites offering that same ebook for sale. More sites means more sales! It’s a very simple but effective concept.

Affiliate Marketing Illustration

If your site generates a growing amount of traffic each month, it would be a very good idea to consider offering some related products to your customers as an affiliate of another site. The idea is a relatively simple one, but one that has proven to be quite effective over the last few years.

Both small and large businesses can benefit from affiliate marketing programs. Small businesses can promote their products to customers from around the world. With the number of new Web sites growing on a daily basis, there will always be new places for a company to promote their products. Large companies have the capability of promoting themselves on an even grander scale, generally in the thousands of Web sites.

Webmasters also like the idea of affiliate marketing because it can be quite a lucrative alternative source of income. The name of the game in Internet marketing is to create multiple income streams wherever possible and becoming an affiliate certainly fits the bill. One is not limited to one affiliate program on a Web site; site owners are free to choose several products they would like to promote and with the variety of products and materials that are marketed in this fashion, they will have no trouble finding an affiliate program or programs they would like to participate in.

With affiliate marketing programs paying anywhere up to a 35%-50% commission on a single sale, there is no question that this is a most appealing opportunity for many people. In fact, the potential earnings for those involved in affiliate programs is virtually unlimited!