An entire industry has blossomed around online affiliate marketing since the mid-1990’s and it is getting better by the year It’s one of the greatest ways to make money quickly on the internet.
Affiliate marketing is basically a way for you to make money from other people’s efforts by simply referring people to the merchant’s web site. The product owner takes care of the costumer, closes the sale and pays you a commission for your help. Affiliate marketing is really a very simple business method. Most programs are easy to join and free. However, some basic questions must be answered at the beginning, starting with “tell me, how much money is in this for me?” This article will provide you with some of the questions you need answered before you jump in.
“How much money will I make?” That is always an important question. Well, the sky is virtually the limit, but look for a program that will let you make money quickly with the best commission possible.
When you look at affiliate programs, one of the very first questions should be – how much commission is paid per sale. Find out both the dollars paid and the commission percent.
I prefer digital products because they generally pay higher commissions. I target for a minimum of 50%. For higher priced products, you might consider going as low as 25% or 30% commission, but for lower priced products I won’t consider anything less than 50%. Do not waste your time with programs that do not reward you adequately for your hard work.
When looking at the commission, also consider what it will cost you to promote the product. You cannot afford to spend more money and effort on promoting than you are making in commissions – obviously. Do your due diligence up front, and have a good idea how you plan to promote it. Some affiliate programs impose certain minimum requirements before you get your commissions. So be aware of any minimum quotas that you must meet or sales target that is too hard to achieve. Just be sure that you are capable of meeting or beating their requirements.
How often will I get paid? And how? Some vendors issue their checks once a month, or every quarter, etc. Click Bank which offers the digital products that I like pays every 2 weeks. Select the program that is best suited to your needs. Remember, every program is different
Many affiliate programs are establishing a minimum earned commission amount that an affiliate must meet or exceed in order for their checks to be issued, otherwise the amount owing will be carried over to the next month.
Affiliate marketing really is easy to get into, and a perfect place to start for a person new to online marketing. But keep this in mind: As an affiliate marketer, your goal is to profit from the hard work someone else has done; and from the money they have spent on copywriters, product developers, software, and the like. Unless you select a product that adequately addresses these “commission” questions, you are likely to benefit less than you would like.
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