
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 banner or 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.
Article By Shikha Ray