Three Fatal Affiliate Marketing Mistakes
Affiliate marketing gives you the opportunity to make money online automatically, once you have setup your website successfully. It is considered to be a very simple and a very easy way to earn a good income with affiliate marketing. But it is not as easy as it is thought. Not all persons entering in this field become successful affiliate marketers. Those who are lucky enough to get real success in this business are few.
Here we will discuss the three major mistakes of affiliate marketers that usually make their business collapse. This will help you in earning a steady income. If you will avoid these mistakes then you can sit back and enjoy your steady and monthly “free” income.
In affiliate marketing, you get your commissions for promoting products and services of a merchant. It is the Merchant who is bound to pay you the sales commission. The duty of the affiliate marketer is to promote the products of the merchant. The merchant is the investor, who pays commissions to the affiliate marketers, when any of his products are sold.
Now take a look at the three fatal mistakes of affiliate marketers:
1. Don’t send your prospects directly to an affiliate website
Don’t send your prospect directly to the website without offering any free benefit to the visitor because there is a possibility that the consumer will not like the product and close the website without even buying a single product. Now you have lost this consumer forever because it is obvious that the next time he will choose to visit another site.
If you want your visitors to visit the website again and again, offer them some kind of free benefit like free gifts, software or e-books. You can send them a free newsletter or weekly horoscope at their email address. If you are successful in grabbing their email address, then you can send them advertisements on their email address on a regular basis too.
2. Don’t Create a Website Full of affiliate links, flashy banners and Ads
If your website is full of affiliate links, lots of flashy banners and other advertisements then your visitor may become confused and he may simply leave your website. People like to see the clear and easy to understand websites. Just put an honest product review to get the visitor’s attention. Try to put text ads instead of flashy and graphical ads. Researches have proved that text links are more successful than flashy banners. People like to see what they want and not the fancy graphics. Also the load time of simple websites is much faster in comparison to full graphics, loaded websites. People like to visit the sites that opens in seconds. So be simple and be focused.
3. Commission theft
Commission theft is one of the biggest drawbacks in this field. Although, it is not possible to eliminate it completely, you can use some tricks to minimize it. Cloaking and redirecting of affiliate links are the options for you in this situation.
Usually the affiliate links contain the affiliate id of affiliates at the end of merchant website’s URL. An example is:
http://www.website.com?aff_id=your_affiliate_id
This is not a good style. Any person can easily drop your “aff_id” part from the above link and can visit the merchant website to make sales. In this case the sales are made but you are not credited. The solution of this problem is “cloaking”. After cloaking your affiliate link will be like:
http://www.website.com/affiliate_site
Conclusion
In conclusion, an affiliate marketer should try to avoid the common fatal mistakes to become successful in this field. Always try to collect the email addresses of your website visitors by offering them some free gifts like newsletters etc. Then use their email addresses to start your advertisement campaigns. Try to design your website really simple and easy to understand for the visitors. People don’t like the fancy graphics when they are searching for something to buy. And don’t forget to cloak your affiliate links to get the maximum benefit. By avoiding these main mistakes you can start earning sooner.
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Friday, May 22, 2009
Online Internet Business
Wednesday, May 6, 2009
Business Internet Services
Sales Commission in Affiliate Marketing
This article will provide some useful information to those who are planning to start affiliate marketing. The profit in this business is the sales commission. Affiliates are interested in the products that offer high sales commissions. The merchants want to sell their products but they want to pay less sales commission to get the maximum benefit.
This article will guide the merchants on how to set their sales commission. Also it will tell the affiliates how to choose the products on the basis of sales commission offered.
Affiliate Marketers and Sales Commission
Whenever an affiliate marketer plans to enter into this field, the following questions arise in his mind:
“Will I be able to earn commission by selling merchant's products? What will be my percentage? Will I be able to earn a good amount from selling the products or not?”
There are different types of affiliate programs. The first type is called “Pay per Sale”, the second is “Pay per Lead” and last is “Pay per Click”. There are some more types, but these three are the most popular among affiliate marketers.
In the pay per sale option, the merchant pays the affiliates on every sale. Usually the commission rate is anywhere between 10-50%. The products that are really hot in the market usually give less commission. In the pay per lead, the affiliate is paid for every person that is registered on the merchant website.
Usually a visitor is offered to use a free product on a trial basis and their credit card information is stored. The visitor’s credit card is not charged during the trial period. After the trial period has expired, if the visitor is interested, he will be charged. In the pay per click option, the affiliate is paid for every click that is made on his affiliate link. The affiliate is paid for every click, even if the visitors do not make any purchases. Obviously the commission on per click is much less as compared to other options.
In the beginning, only select the products that are hot and are really making sales, even if their sales commission is lower. Greater sales will compensate you. If you are choosing the product just on the basis of high profits and not on the basis of its demand, then you may suffer. Another good way is to choose the hot products with less profit and some new products with high profit. Then keep an eye on your sales. If the new products are giving you the sales then it is ok. Otherwise remove them and select some other new product with good sales commission.
If your website has really a good and constant flow of traffic, then pay per click is a very good option for you. Because you are paid for every click and you are not required to make any sales.
Merchants and Sales Commission
If you are a merchant, then always offer a commission that is both acceptable by your affiliates and you. If you offer a very low commission, then there are less chances of affiliate’s interest in your products and this may reduce your sales. On the other hand, if you are offering a very high commission, it will attract the affiliates but in the long term you may suffer. So always try to offer a reasonable commission.
If you are a merchant and are going to introduce a new product to the market, then you can offer some really high commissions in the start. This may be like 50% of the sale. This will attract the affiliates and you will get a large number of affiliates in very little time. The affiliates will be highly motivated to make as many sales as they can so that they can earn high commissions. This will greatly increase your sales. Once your product has become popular and in demand, then you may reduce the sales commission gradually.
As a conclusion, setting a reasonable commission is an important factor for the merchants to do good business. Also the affiliate marketers should select the products that are giving them good profit and are easy to sell.
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