Being an Affiliate Marketer: Profitable?!


Affiliate marketing has become one of the most effective ways to advertise online, and is considered one of the easiest ways for any individual with a website to make money online. Affiliate Marketing is essentially an agreement between a product owner/service provider (merchant) and a website owner or publisher (affiliate), pursuant to which the website owner/affiliate allows the use of his/her site for the promotion of a merchant’s products/services (‘products’) via links that lead to the merchant’s website.

In exchange for such promotion and direct linking the merchant will make payment in the form of a commission to a particular affiliate for each purchase made to customers referred as a result of such promotion and direct linking. Every time someone clicks on a link on the affiliate website and proceeds to make a purchase, the affiliate gets paid a commission; but the merchant will pay an affiliate only when a customer clicks on the product link and makes a purchase.

Affiliate marketing programs are seen as win-win situations for both the merchant and affiliate marketer because of a pay-for-performance methodology that is understood, agreed to and utlilized by both parties who, as a result, enjoy immense benefits from this affiliate marketing structure. Affiliate marketing provides many benefits to the merchant’s side in the sense that it gives the merchant a wider market in which to advertise his/her product or service.

This marketing method provides a product or service the maximum exposure which it may not get with other traditional advertising techniques. The more affiliate sites a merchant can attract to promote his/her products, the more exposure of, and traffic to, product pages s/he can expect to achieve and convert to sales. Affiliate marketing is the equivalent of having an army of sales people who will advertise and promote products while only getting paid if the activity results in purchase(s).

Meanwhile, since a win-win situation is beneficial to both parties, the affiliate also enjoys many benefits. Foremost among such benefits is that affiliate marketing provides an easy way to earn money online via a method that is twofold. First and most important, an affiliate must have the ability to attract visitors to his/her website by providing interesting (if not compelling) and relevant content.

Second, that affiliate must be able to balance promotional links and banners in as proportionate a manner to the other site content as s/he can, in a manner that encourages those visitors to become readers who are interested in that affiliate’s viewpoints and, therefore in any products s/he may be recommending via those links and banners and lead directly to the merchant’s website. Once those readers have been converted to (prospective customers) through the affiliate’s efforts, they will hopefully click through and proceed to make a purchase.

As soon as the customer clicks on the ad on the affiliate’s site, is redirected to the merchant’s website and goes on to buy that particular product, the affiliate earns a commission. The more referrals there are the more profit for the affiliate. Affiliate marketing is an ideal way to earn money from home since there are virtually no production costs and the product is already developed and proven by the merchant; all you have to do as an affiliate marketer to find as many prospects as you can that will bring in the profit for both the merchant and you, the affiliate.

Affiliate programs are usually free to join so affiliates do not have to worry about start-up costs. And there are thousands of products and services you can choose from, because there are probably affiliate programs for every product under the sun. With this in mind website owners who are interested in earning money from their websites might be pleased to know that there is likely a product or service out there that is relevant to their website.

In addition, there is absolutely no sales experience necessary since most affiliate programs offer excellent support when it comes to providing marketing material; and the simplicity of affiliate marketing allows an individual to be an affiliate marketer at the least cost and the most comfort. So if affiliate marketing interests you, not only would it represent some extra money in your pockets, you may even be able to build a successful affiliate marketing business right in the convenience of your own home.

In affiliate marketing, the marketer’s responsibility is simply to find prospects for one or more merchants without having to worry about inventory, order processing, product shipping, or any other of those administration responsibilities that accompany product ownership. These, along with customer service support are the duties of the merchant.

Because of the global reach enjoyed by Internet participants, an affiliate marketer can easily find thousands of prospects and while intensify his/her advertising campaign by exploiting more aggressive and productive strategies such as viral marketing; and by attracting more prospects, the marketer can also maximize his/her potential to earn. Another benefit of an affiliate marketer is the minimal risk involved, in the sense that if the product s/he advertising is not making money, then s/he can dump it and choose another. There are no long-term binding contracts tying an affiliate marketer to products that are not making enough money.

A primary business tool on hold

All the same, putting yourself in the place of an affiliate marketer, benefits you will derive are the opportunity to increase your income and making a substantial profit, even if affiliate marketing is only a sideline business. With your own affiliate business you can easily earn extra income, although you do have to exert effort and use your imagination to maximize your earning potential. Indeed, affiliate marketing has been, and still is, one of the simplest and most effective business opportunities on the Web.

A Few Survival Tips for Affiliate Marketers

The marketer

Affiliate marketing is not unlike other Web-based businesses in which participants, especially the marketers, accept responsibility for driving traffic to product/service (‘product’) pages of their merchants. Web-based businesses rely on – among other things – a sustained Internet presence, quality content and – perhaps most importantly – visitors (generally referred to as traffic) to their product pages; and affiliates are often tasked with generating that traffic.

Affiliate marketers accept this responsibility as a condition of an arrangement made with product owners, advertisers and vendors (‘merchants’) pursuant to which they will be paid a commission or flat fee when they have been instrumental in bringing about a sale (or sales) of the merchants’ products. In other words, when the affiliate marketer refers his/her website visitors to a merchant’s product page and any of those visitors purchase a product, the affiliate gets paid.

It’s a process

However, the mechanism (system) set up to automate an affiliate marketing program must be carefully monitored by the merchant; and records of referrals and sales verified by the affiliate in order to sustain a healthy business relationship. This is important because, once an affiliate has signed up for what appears to be a great affiliate program, developed a marketing strategy and is provided with an affiliate ID, affiliate links, product links, banners, and other marketing materials, s/he is still only in the beginning stages.

Once an affiliate thinks s/he has figured everything out there is usually additional problems to be dealt with, which includes developing an effective marketing strategy. So it is not uncommon for a new affiliate to have established a relationship with one or more merchants and received all the necessary marketing materials and still find him/herself questioning the ineffectiveness of the job s/he is doing.

That having been said we’ve outlined below, some of the most common issues that affect an affiliate marketer’s sales, commissions and leads:

 

Soggy cookies

The majority of affiliate merchants utilize cookies for tracking referrals, since a majority of customers do not make purchases on their first visit. These cookies are capable of tracking the activities of potential referrals by creating a “tag” unique to a particular referral which associates that referral with the referring affiliate’s ID; so that if they do purchase at a later date, the referring affiliate will receive credit for the sale.

The durations for these cookies will vary from merchant to merchant, and generally range from thirty days to ninety days; but some last for as short as a single session, while others are known to have lasted last for years. It must be pointed out here, though, that if the visitor flushes his/her cookies on a regular basis, or has cookie blocking software, there is very little to no recourse an affiliate has to receive credit for any purchases made by that visitor.

Multiple payment methods

If you are a new affiliate marketer – or even a seasoned affiliate – and have joined an affiliate program through one of the networks that process payments of product sales on behalf of merchants, it’s not uncommon for merchants to offer several methods of payment. While this is great for customers, it is less than optimum for you as the affiliate, because you’re now dealing with a third party which is given complete control over your earnings; and this can create many conflicts.

So before you begin to advertise any products or services as an affiliate who must deal with, and rely upon, a network to conduct your business effectively and profitable, make sure to always check the merchant’s site carefully; and if you have any doubt, contact that merchant before you proceed any further. The last thing you want to do is spend a lot of time, energy and advertising resources on any affiliate product just to find out further down the road that you’re not getting paid.

Monitoring your arrangements

Even the most honest of merchants will have problems with their affiliate software at some point in time, so if the merchant’s affiliate program isn’t operating correctly (due to a software glitch, attempted hacking or a number of other reasons for the malfunction) you need to know about this and take steps to protect your commissions. One way you can be made aware of such a problem, is to check cookies and merchant sites regularly for any changes that may affect your pay. That’s it for now. Good luck!