eBay: The First 10 Years 2 EBay Income Possibilities. 3 What You Need to Know BEFORE You Get Started on eBay 4 A Beginner’s Guide to the Different eBay Auction Types. 5 Staying Out of Trouble with eBay’s Listing Policies 6 Learning the eBay “Lingo”. 7 5 Simple Steps to Posting Your First eBay Auction 8 An eBay Seller’s Checklist. 9 What’s Your eBay Reputation Really Worth? 10 Is the eBay Customer Always Right?
So Many Affiliate Programs! Which One Do I Choose?
So Many Affiliate Programs! Which One Do I Choose?
Ask questions first before you join an affiliate program. Do a little research about the choices of program that you intend to join into. Get some answers because they will be the deciding point of what you will be achieving later on.
Will it cost you anything to join? Most affiliate programs being
offered today are absolutely free of charge. So why settle for those
that charge you some dollars before joining.
When do they issue
the commission checks? Every program is different. Some issue their
checks once a month, every quarter, etc. Select the one that is suited
to your payment time choice. Many affiliate programs are setting a
minimum earned commission amount that an affiliate must meet or exceed
in order for their checks to be issued.
What is the hit per sale
ratio? This is the average number of hits to a banner or text link it
takes to generate a sale based on all affiliate statistics. This factor
is extremely important because this will tell you how much traffic you
must generate before you can earn a commission from the sale.
How
are referrals from an affiliate’s site tracked and for how long do they
remain in the system? You need to be confident on the program enough to
track those people you refer from your site. This is the only way that
you can credit for a sale. The period of time that those people stay in
the system is also important. This is because some visitors do not buy
initially but may want to return later to make the purchase. Know if you
will still get credit for the sale if it is done some months from a
certain day.
What are the kinds of affiliate stats available?
Your choice of affiliate program should be capable of offering detailed
stats. They should be available online anytime you decide to check them
out. Constantly checking your individual stats is important to know how
many impressions, hits and sales are already generated from your site.
Impressions are the number of times the banner or text link was viewed
by a visitor of your site. A hit is the one clicking on the banner or
text links.
Does the affiliate program also pay for the hits and
impressions besides the commissions on sales? It is important that
impressions and hits are also paid, as this will add to the earnings you
get from the sales commission. This is especially important if the
program you are in offers low sales to be able to hit ratio.
Who
is the online retailer? Find out whom you are doing business with to
know if it is really a solid company. Know the products they are selling
and the average amount they are achieving. The more you know about the
retailer offering you the affiliate program, the easier it will be for
you to know if that program is really for you and your site.
Is
the affiliate a one tier or two tier program? A single tier program pays
you only for the business you yourself have generated. A two tier
program pays you for the business, plus it also pays you a commission on
the on the sales generated by any affiliate you sponsor in your
program. Some two-tier programs are even paying small fees on each new
affiliate you sponsor. More like a recruitment fee.
Lastly, what
is the amount of commission paid? 5% - 20% is the commission paid by
most programs. .01% - .05% is the amount paid for each hit. If you find a
program that also pays for impressions, the amount paid is not much at
all. As you can see from the figures, you will now understand why the
average sales amount and hit to sale ratio is important.
These
are just some of the questions that needed answering first before you
enter into an affiliate program. You should be familiar with the many
important aspects that your chosen program should have before
incorporating them into your website. Try to ask your affiliate program
choices these questions. These can help you select the right program for
you site from among the many available.