Are Your Affiliate Programs Eating Away Your Money And Time
Oct26
Copyright 2005 Arun Pal Singh
So many times I have heard this. So many examples I do remember.
People have left the internet business after being disappointed
with their so called affiliate programs.
An affiliate program is an excellent way to earn money
especially in the beginning. I said beginning because at that
time one does not understand the market and is too naïve to
bring his own product out in right way.
Affiliate programs fill that gap nicely. You have got a
readymade product and a readymade webpage too (though you can
develop your own and you should be doing that).There is only one
aspect left to make that money.
Making sales.
But you need to choose your affiliate program carefully.
An affiliate program should be free to join. You should be
cautious of the programs that will charge you upfront to be able
to become their affiliates. Sometimes you buy a product and get
affiliate status as bonus. That is acceptable. But a good
affiliate program should not charge you a membership fee monthly
or yearly whatever the case may be.
There are some programs which charge you a monthly fee for
becoming a member and you are expected to recruit more for
getting a commission. These are not affiliate programs but MLM
programs.
Be cautious when you join such programs. They do not offer a
good product to sell. The only thing that you have to sell is
the membership. Such programs may eat up a lot of your money
before you realize their worthlessness. In such programs you
sell a membership and your recruit is expected to sell the same
in return.
This kind of sale is not only hard to accomplish but also
associated with high attrition. That means the rate of members
dropping out is very high.
Also you should get a good commission. Check the percentage
offered. Good programs offer 50-60% commissions. Though high
priced products seem quite lucrative due to apparent volume of
money in commission but selling a high priced product may not be
that easy task too. It is because the market for those may not
be that large. So you need to select your product carefully.
One very important factor that is often ignored is your aptitude
for the particular product. Select a product that you can
associate your interests with. For example if you like gardening
then a product that caters the gardening needs will be easier to
sell than a selling a real estate product.
Because in sales first of all you need to be convinced about the
usability and benefits of the product before you attempt to sell
it. If the product is around the area of your interest you can
easily identify the beneficial aspects. Then you will find it
easier to convince your potential customers.
Study the market and demand for that product.
If the demand is high the sales are easier. To study the demand
go to Overture or Google and look for the search made around the
keywords of your product. It will give you a fair idea about the
demand.
Plan your market strategies beforehand.
It is better if you make your own website instead of promoting
the copy of the original page laced with your link. Having your
own website gives you a unique identification and professional
look. The other advantage is that you can promote multiple
products on the same page rather than promoting different pages
separately.
Web hosting is quite cheap now a days and webpage can be easily
built in front page.
Try and give your full efforts into promoting what you have got.
Affiliate programs are good way to learn the market tactics.
Learn and try them best to your abilities.
Stick with the product you have chosen instead of jumping to the
new offer of some other product. New products are being released
everyday but being new does not mean that it is better and
easier to sell.
Analyze regularly. Test regularly and keep working.
Your commission graph would definitely rise.
Wish you success.
