Ask questions first before joining an affiliate program. Do a little research about the alternatives of program that you intend to join into. Acquire some answers since 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 granted today are absolutely free of charge. Therefore, why settle for those that demand you some dollars before joining.
How they do make the payment for commission? Every program is diverse. Some release payment via their checks once a month, every quarter, etc. Select the one that is suitable to your payment time choice. Plenty of 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 banner or text link it takes to generating a sale based on all affiliate statistics. This factor is extremely significant 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 self-assured on the program enough to track those people you refer from your site. This is the only method that you can credit for a sale. The period of time that those people stay in the system is also cardinal. This is due to the fact that some visitors do not buy initially but may want to return later to make the purchase. Know if you will still acquire credit for the sale if it is done some months from a certain day.
What are the types of affiliate stats available? Your selection of affiliate program should be capable of giving the detailed stats. They should be able to be accessed online anytime you decide to check them out. Constantly checking your individual stats is important to be familiar with how many impressions, hits and sales are already generated from your site. Impressions implies to 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 reward for the hits and impressions besides the commissions on sales? It is significant that impressions and hits are also paid, as this will add to the earnings you get from the sales commission. This is particularly 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 running business with to know if it is really a solid company. Know about 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 effortless it will be for you to know if that program is really for you and your site.
Whether the affiliate program is a one tier or two tier? A single tier program pays you only for the business you yourself have created. A two tier program pays you for the business, plus it also pays you a commission on the on the sales created by any affiliate you sponsor in your program. Some two-tier programs are even rewarding 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 many of the programs. .01% – .05% is an approximate amount paid for each hit. If you locate 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 realize why the average sales amount and hit to sale ratio is important.
These are just some of the questions that are required to be answered first before you enter into an affiliate program. You should be familiar with the many important features that your chosen program should have before incorporating them into your website. You should attempt to ask your affiliate program choices these questions. These can aid you select the right program for you site from among the many available.