By
David Callan
Affiliate programs have quickly become
the most popular way for webmasters to use traffic to their sites to make money.
The amount of money however an affiliate earns depends on three main factors:
1. Level of traffic to the affiliate site.
2. Where / how the affiliate
promotes the program on his site.
3. The quality of the affiliate program itself.
In this article I'll be dealing with point number 3 - "The quality
of the affiliate program itself" and going through what you need to look
for in a program before joining it. Remember if you join a poor program you mightn't
be getting all the commission you deserve.
You should look for the following
qualities when joining an affiliate program, nearly all good programs have these
qualities.
Make sure the website has an established presence online. It's
advised that you look for websites which have been online a while and are trusted
before you join their program. This is vital as you want to be paid what your
owed and paid on time. Many webmasters have signed up to untrustworthy programs
because of promises the programs made and have waited months for checks which
never arrived.
Next you'll want to check out an affiliate programs product
line. Each of its products should be a quality high-value one which you'd use
yourself. Don't ever join a program if its products are bad because it pays high
commission. It'll damage your image greatly if you do and you'll not be able to
recommend other products ever again because people won't value your opinion. Be
sure also that the programs product list is regularly growing, this will enable
you to update your visitors on new products which they might be interested in.
It's vital that the affiliate program has a good commission rate for all its
products, if it doesn't you could be making much more elsewhere. What is a good
commission? Well the answer to that is tough but generally 20% to 25% of the product
price is what's expected of good programs. I know of programs offering up to 65%
but programs such as these are rare.
Many good programs operate what's
called a two-tier system, this means that you can create an extra stream of income
without doing anything for the life of the program. It works like this, every
time you refer another webmaster to the program and that webmaster joins he or
she will be constantly acting like a sales rep for you. This means that every
time that webmaster makes a sale you get what's called a sub-refferal commission
because you were the one that recommended that person to the affiliate program
in the first place. The more they sell the more sub-referral commission you get.
With this in mind I recommend trying to look for programs with two tiers. Keep
in mind however that the bulk of your affiliate fees will always come from your
own direct referrals, having two tiers is merely an advantage, it's not something
that's vital.
Above we've discussed qualities such as the website running
the program, the product line, the commissions and two-tier programs, but none
of the above will matter if the program hasn't got excellent tracking.
All
good programs have excellent tracking systems, you want programs that track visitors
to their site using both CGI and cookies so you always get accredited with sales
that originate from your site.
You also want to be able to check your
stats in real time, this will allow you to see what method of promoting your affiliate
link is working best. Another point that you might want to check out regarding
a programs tracking before signing up is this, how long do they track visitors
for? Some affiliate programs like Amazon will track the visitor from your site
only once and if they leave then come back the next day and then buy you don't
get a penny even though your site was were the sale originated. Try to look for
programs that track for 30 days or more.
Other things you might want to
check out include: how often do they send checks out and do you've to earn a certain
amount before a check will be sent out.
Well there you have it, if a program
has all or most of these qualities then your on to a winner and it's worth putting
effort into it. If it has few of them then don't bother, the chances are good
that your going to be ripped of.