What is Affiliate Marketing?
According to Wikipedia: Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
What we do is affiliate marketing; however, the products we promote belong to affiliate programs across the world. It is widely known that Affiliate programs are one of the most effective ways to earn money online. However, there are other ways bloggers earn online, but affiliate marketing still rules this field. This article will explain the 9 essentials tips for you to choose a good affiliate program.
What to look for before joining Affiliate Programs
1 Choose a program that has products related to your blog content
The first advice I can give is probably the most important for a good conversion ratio. It is important that your readers are able to identify the product that is in line with your blog. If your site is about topics such as mobile phones and applications, it would be stupid to promote an affiliate program about kitchenware. Simple but makes sense, right.
2 Promote products with good market acceptance
If you want to promote a product, you must find time to study and do research on it. The easiest way is to do a quick online search and search for other people’s opinions about the product. Promote products that have a bad reputation can hurt the image of your blog. If a product is popular, it will give you the best chances of selling. People tend to trust the quality and popular products.
3 Be the customer of the product being promoted
The best way for you to certify the quality of a product is to be a customer yourself. In some cases, it will not be possible, due to the costs associated with the purchase of this product. However, in other cases, you can try the product for free before to promote. The key point here is before promoting at least use the product first.
4 Choose a Program the gives good commissions
When you are promoting an affiliate program, you have one goal: to make money online. Thus, commissions paid by affiliate programs are one of the most important factors in the analysis of the program. If you consider that the commission is right, this will give you an added incentive to make the most publicity possible.
5. Consider the Support you get to boost sales
Before choosing an affiliate program, it is important to check the “hardware” / promotional “support” you get to promote the product. The most common methods are the banners, but it is possible to have other methods such as sending a text in your newsletter or code in an article.
Sometimes we need something to back us up when presenting the product to our readers.
6 Get to know about the authorization for product promotion
Some affiliate programs have different policies to promote a product. For example, some affiliate programs do not allow you to create campaigns on Facebook to sell their product(s). Consequently, subsidiaries operating big fan pages on Facebook are not interested in joining an affiliate program with these restrictions.
Other programs may not allow you to create email campaigns or create Google AdWords campaigns. These conditions depend on the affiliate program. This is one factor you should not overlook and it is always wise to read the terms and conditions fully and understand them before clicking on the signup button.
7 Look for a program with the possibility of long-term gains
Earn money by promoting a good affiliate program in the long-term is an often-overlooked factor. However, this is something, which you must pay attention though! If you plan to have a regular income for a certain period of time (and not just a short-term gain), it is crucial to see if the affiliate programs offer commissions when the client renews the product you recommended. However, not all affiliate programs have this option.
8 Know of the payment methods available
For you to earn money through affiliate programs, it is essential that people buy the service that you recommend and this will only happen if the product has several payment methods and are willing to strategic locations. This way, anyone can buy the product if they are interested, and you earn money with your referral link.
9 Affiliate networks are an added advantage
Most affiliate programs use a multi-tiered network. This means that when someone registers via your affiliate link, then the person is registered to advertise and sell on your behalf and get conversions, you will receive a percentage of their sales. Some affiliate programs, you can attract many affiliates who have their own affiliate network at that time, the Jackpot! If these affiliates are making sales, you will receive some of the profits they received through their own network.
An example of an affiliate network I am part and proud of is the Shareasale Network, they have never disappointed me leave alone the wide variety of products at their disposal.
Now that you know how to choose good affiliate programs, Learn how to promote the affiliate products.