Electronic Devices & Electronic Accessories (Laptops, Computer Accessories,Small Entertainment,Cameras,Camera & Accessories,Tablets,Wearable Smart Devices,Computer Software,Mobile Accessories,Tablet Accessories,Automation & Robotics,Gaming Consoles & Accessories,Audio,IOT (Google Home Mini & Huami Smart Watches),Apple Macbook Air Laptops,Asus Laptops) 4% 4% 4% 4%
What the chart above doesn’t show is the role of the affiliate marketing network (e.g., Commission Junction or LinkShare). From the publisher’s point of view, the affiliate network is involved very early on in the process, generally supplying the ad creative and affiliate links used to refer traffic. They’re also involved at the last (and most important) step in the process: a portion of the commission earned by the affiliate goes to the network who matches them up with merchants and handles the various administrative functions.
Every network offers affiliates a way to filter through the numerous offers presented. Take the time to go through the various categories or search for specific merchants that you think would do well on your site. There’s no set of rules for filtering through the options; you’ll ultimately need to rely upon your familiarity with your audience and your gut feelings about what types of offers will perform.
2. Product categories with varying margins. If you have many products, your margins on each one will likely vary. Electronics might have a tight margin, while home decor may have more leeway. If you are looking to establish a flat commission structure — i.e., a set revenue-share percentage, no matter what item the affiliate sells — then evaluate what your product mix is. What percentage of your sales are low margin? What percentage are high margin? From here, develop a blended commission rate that will be profitable for both you and your affiliate.
There is a comprehensive training program showing you step-by-step how to get your business up and running. This is complemented by live coaching three times a week, and a supportive Facebook group with regular live broadcasts from the CEO Dean Holland. There’s access to in-depth traffic training from Justin Brooke, one of the world’s most sought-after online traffic experts.
Once you acquire a customer through an affiliate, you can then market directly to that customer going forward. It’s important to figure out the lifetime value of your customer as that can also help you decide what commission to pay. With this information you can decide if your acquisition costs are correct or you may decide to be more aggressive with payouts to get those customers in the door.
Let’s say you have a promotions page where you’re promoting a product via affiliate links. If you currently get 5,000 visits/month at a 2% conversion rate, you have 100 referrals. To get to 200 referrals, you can either focus on getting 5,000 more visitors, or simply increasing the conversion rate to 4%. Which sounds easier? Instead of spending months building domain authority with blogging and guest posts to get more organic traffic, you just have to increase the conversion rate by 2%. This can include landing page optimization, testing your calls-to-action, and having a conversion rate optimization strategy in place. By testing and optimizing your site, you’ll get far better results with much less effort.
This is Simon, thank you for your post, it is very helpful for me. However, we are a lighting company, and we are plan to try the Affiliate Website to increase our sale. But it seem that there are many different Affiliate website to be chose and some of them also need pay some fee to begin, so as we just begin to do this, which website is your recommend ?
As mentioned earlier, technology and the internet allows for 24 hours a day, 7 days a week service for customers as well as enabling them to shop online at any hour of that day or night, not just when the shops are over and across the whole world. This is a huge advantage for retailers to use it and direct customers from the store to its online store. It has also opened up an opportunity for companies to only be online based rather than having an outlet or store due to the popularity and capabilities of digital marketing.
PeerFly only has a limited number of products at the moment, but they have tremendous momentum and are growing by leaps and bounds. Their payout rates aren’t spectacular, but everything is upfront and transparent, and affiliate satisfaction is very high. PeerFly is perfect for authentic marketers who want to offer high-quality products to their visitors as opposed to “get rich quick” schemes and opaque offers.
(b) Consent. By accepting this Influencer Program Policy, you hereby grant to Amazon a non-exclusive, irrevocable, worldwide, fully paid-up, royalty-free and perpetual license for the maximum duration of protection available under applicable law in all languages to use, copy, reproduce, adapt, distribute, transmit and display your name, photo, logo and other trademarks or materials provided to Amazon in connection with the Amazon Influencer Program, including through linkage to your Amazon public profile (“Influencer Marks”); provided however, that Amazon will not alter any Influencer Marks from the form provided by Influencer (except to re-format or re-size within the Influencer Page, so long as the relative presentation of the Influencer Marks remains the same).
CommissionSoup is a division of Bulldog Media Group, which is a leading performance marketing company that specializes in online customer acquisition for clients in the financial services industry. Since 2000, we have focused on financial services digital marketing as our core niche. We take an innovative, strategic approach to our relationships, with the goal of delivering solutions that are tailored to meet each client’s needs. This approach has delivered long-lasting relationships and over one million new customers for our clients each year.
Keep your company’s business goal should also be top of mind. If your goal is attracting new customers, then maybe affiliates driving that type of traffic might be offered a better rate. And you may want to look at having different commission rates for different types of affiliate s- such as coupon affiliates, PPC affiliates, and super affiliates. Each of these groups has different strengths and will need to be addressed separately. You can also offer split commissions, whereby the commission is divided among multiple affiliates that participated in the process.
Understand why affiliate marketing is advantageous. Affiliate marketing is inexpensive. Not only is it free to join an affiliate program, but you also don’t have to deal with storing or shipping products or with providing customer support. Also, it is a source of passive income. You can be earning money even when you’re not working at your computer. Finally, it allows you to work from home.
If your website doesn’t have much traffic to speak of, there’s probably not a big opportunity for you now in affiliate marketing. Focus on producing high quality content, building some links, and getting a recurring stream of visitors to your site. But if you have a website that is already attracting a significant number of visitors from referring sites, organic search, and direct visits, affiliate marketing could be a logical way to monetize.
Option 2: Payment by Amazon Gift Card. We will send you gift cards in the amount of the fees you earn to the primary email address on your Associates account. These gift cards are redeemable for products on the Amazon Site the fees were earned on and are subject to our then-current gift card terms and conditions. If you select this option, we reserve the right to hold fees until the total amount due to reaches the minimum stated in the Payment Minimum Chart.
ClickBank allows you to join for free, and the approval process is virtually automatic, so it’s a great choice for people entering the affiliated game for the first time. ClickBank has a ton of information, including FAQs, walk-throughs, and videos available, so the barrier to entry is quite low. There’s also a (paid) program called ClickBank University with courses and assistance from experienced marketers.
Two-tier programs exist in the minority of affiliate programs; most are simply one-tier. Referral programs beyond two-tier resemble multi-level marketing (MLM) or network marketing but are different: Multi-level marketing (MLM) or network marketing associations tend to have more complex commission requirements/qualifications than standard affiliate programs.