Choosing a good affiliate program is a key step in the starting of your online affiliate marketing business. Promoting best affiliate products or services in any niche can increase your affiliate commissions to many folds. Therefore, you must know how to find the best affiliate programs available and then choose wisely the right one to make big profits. If you are new to this system of making money, click the link to learn affiliate marketing in detail.
Here are some tips on how to find best affiliate marketing programs that make you more money Online.
1. Are There Enough Buyers?
Are there enough hungry buyers for the affiliate products you are going to promote? This is the first thing you should be asking yourself before choosing an affiliate program. I mean there must be some people out there who are interested in the products you are promoting. If enough buyers are not there in the market product or service, then there is no chance of earning a commission from them.
2. How to Determine the Quality of an Affiliate Program?
Always take a look at the sales page for the affiliate marketing program you want to promote. Does it interest you? Does it look professional? You should ask these questions to yourself. A good sales page should have detailed information about the affiliate product, should have testimonials from the people who have already purchased it and using the product. It should clearly define the rules, terms and conditions, and earnings disclaimer.
3. Always Look for Money Back Guarantee
If an affiliate marketing program is giving 100% money back guarantee on its products then it is certainly going to increase your conversion rate and thereby making you more affiliate commission. But there is a flip side to this as well: whenever a customer returns a product and asks for a refund, the seller deducts the commission amount paid to the affiliate who had generated the sale. Generally, refunds rate remains low because only good affiliate programs offer 100% money back guarantee.
4. Check Affiliate Resources
Is an advertiser providing you with things like articles, graphics, free reports, and other information? If yes, then it will be a lot easier for you to start. These things will help you in marketing their products. And since you don’t have to create anything, you can focus on promotion.
5. Choose Affiliate Programs that Offer Recurring Commission
Recurring commission affiliate programs are best to promote because they pay commission to an affiliate not just once but every time when the customer renews its membership. So, you generated a sale once but keep getting paid month after month.
6. Affiliate Program Cookie Duration
A cookie is a small file that remains active in the visitor’s computer for a certain period of time. A lot of times visitors don’t make a purchase on the first visit — they come later and buy — but you will get paid the commision if cookies are not expired yet. Higher cookie expiration duration simply means more profits. Standard cookie duration time is 30 days, but that there are companies that offer 45 or 60 days cookie duration period.
7. What are the Affiliate Payment Processing Terms?
As an affiliate, you must know when you will get paid? Most of the reputed affiliate networks pay their affiliates at the end of next month for sale generated in the current month. But some affiliate programs may take more time or less time than this 30 days industry standard period.
8. What will be the payment frequency?
This means how often you will get a payment from the affiliate network you are working with. Most of the affiliate networks offer payments only once a month but there are some who offer weekly, bi-weekly or even instant payment.
9. Mode of Affiliate Payout
All the good affiliate programs offer online payment via Paypal, Payoneer, Direct Transfer, etc. Sometimes, the payout method depends on the country you live in. Payment via cheques might delay the payment process by a month. There is also a risk of losing the cheque, as a result, a longer waiting period and a hefty fee for requesting another cheque. If possible always choose the electronic mode of payment, it’s faster and safer than cheques.
10. Affiliate Program for Beginners
A newbie should not choose affiliate marketing programs in high competition niches. The beginners usually don’t have enough experience and resources to compete with a pro affiliate marketer. They should first find a right affiliate program in a low competition niche. For example, it will be difficult for a newbie to sell make money online affiliate products because of the fierce competition in this market. There are probably thousands of big affiliates and online marketing gurus promoting and selling in this niche.
If the affiliate products are associated with a well-known company then it will definitely increase your conversion rate. Because of the trust factor associated with the big names in the industry.
In conclusion, I hope these tips will help you choose a right affiliate program and you will make big profits.