Before joining any affiliate program, you will want to first ask questions, conduct research on that particular program, and the choices offered. Ask questions first before you join an affiliate program. It is important that you obtain answers to your question, this will help you in determining if the program is right for you.
What questions should you be asking of the affiliate program before joining? Here are some ideas.
What does it cost?
If you are like most people, you want programs that are free. There are many affiliate programs available that are absolutely free. Therefore, you should avoid programs that will charge you money just to join.
When do you provide the commission checks?
When it comes to affiliate programs, no two are alike they each differ. However, you can count on commission checks either weekly, bi-weekly, monthly, or quarterly. You should choose a program that offers you what you want in terms of payment. Some programs have begun setting a earned minimum before they will issue a check. Therefore, it will be a requirement that you earn that amount prior to getting any payment.
What is the hit per sale ratio?
This is determined by the amount of clicks onto a text link or banner that is will take to get a sale. This is also determined by looking at statistics from all affiliates. This an important factor to question. This will allow you to understand just how high your traffic flow must be before you will be able to enjoy the commission.
How do you track referrals and how long will they stay on the system?
The program needs to gain your trust and confidence by tracking your referrals. The only way to obtain any credit from sales is if they are tracked. You should also be concerned with the amount of time the referrals will remain within their system. Sometimes visitors will not make a purchase immediately, but return at a later date to buy that item. If they remain on the system for a while, you will still receive credit for that sale, otherwise, you will lose it.
What kind of affiliate stats do you offer?
You want to choose an affiliate program that offers you detailed statistics. Furthermore, you should be able access them any time of the day, from anywhere. These stats provide you with information regarding the number of sales, hits, and impressions that has been generated from your website. Impressions tell you just how many times your text link or visitors on your website saw the banner. A hit constitutes the number of clicks on the link or banner.
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?
It is important to determine if the company you are dealing with a solid and trusting company. You should always test and known about the products you are promoting, as well as just how they average in terms of sales. Finding out as much as you can about the retailer will help you in determining if you are choosing the right affiliate program.
Is the affiliate a one-tier or two-tier program?
This is another important aspect. With a program that is one-tier, you can only generate income from the sales that you, yourself has generated. With a two-tier affiliate program, allows you to generate income from not only your sales, but as well as the sales from affiliates you have brought into the program. Furthermore, some affiliate programs that are two-tier are giving sponsors a small fee for referrals.
How much commission is paid?
Most programs offer commission of between 5% and 20%. This works to around .01 percent to .05 percent per hit received. Some programs will pay per impression; however, the amount is not that high. Because of these commission percentages, it is ultimately important that you have an understanding of the hit to sale ratio, as well as the average amount of sales.
The above questions are just a few of the questions you should be asking prior to joining any type of affiliate programs. It is important that you understand all aspects of the affiliate program you choose, in order to fully benefit from everything an affiliate program can offer you.
Kurt Naulaerts runs a web site promotion service and also teaches people how to become successful with affiliate marketing. Find out how to start an income online using affiliate marketing programs at http://easyaffiliatemarketing.wordpress.com