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.
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.
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.
What is the hit per sale
ratio? This is the average number of hits to a banneror 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 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.
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.
Does 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.
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.
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.
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. 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.
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 program choices these questions. These can help you select the
right program for you site from among the many available.
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