Sunday, January 25, 2009

What is an affiliate network?

More and more people everyday, around the world, are turning in their traditional sales and marketing plan for a cheaper and easier way of selling their company or organization. Affiliate marketing strategies are popping up all around the world, and since its fruition not so long ago the sales and marketing departments in most organizations saw a dramatic hike in their daily sales portfolio. This is something many business will lay testimony to and this is also something that has been tried and tested and is proven to work for anyone and any company that adopts the marketing strategy.

Affiliate marketing, simply put, is a way to promote your online business. An affiliate will be rewarded for each subscriber, visitor, customer and sale that he or she refers to your web site. A commission is rewarded at a certain cost for each of the above, so it will be Pay per click, where you will pay an affiliate for every click he or she brings to your web site, pay per registration or better known as pay per lead, where you will pay an affiliate for every successful registration, pay per sale, where you will offer a commission on any sale made through your affiliate's efforts, and you can use a combination of any of the above. Many merchants love using affiliate marketing because it means that they do not need to pay a cent for marketing until there is real proof that a lead has been met, or a result is seen from his affiliates, this is called the "pay per performance" method.

So now that you know a little more about affiliate marketing, let's get to the matter at hand - Affiliate network. Simply put, an affiliate network is an online media value added intermediately, which provides a service that includes distribution, campaign performance reporting and tracking and aggregation for affiliates and affiliate merchants. This network makes life easy for both the affiliate merchant and the affiliate. It provides things like tracking technology, payment processing, reporting tools, and a huge database of other affiliates to the affiliate merchant. For the affiliate, it provides things like easy to find affiliate merchants, payment aggregation and reporting tools.

These networks are plentiful on the web and are free of costs to join, however they are very difficult to find. They are sometimes called providers of marketing solutions or the network to pay per performance, or advertising network to CPA, and even sometime they are called an online marketing performance based company. These companies or affiliate networks can provide CPA, PPL, PPS, and PPC from websites you promote. Most affiliate networks allow anyone to sign up, and others want your website to get at least a certain minimum amount of visitors on a daily basis. Others even let you see a certain amount of their data base before you sign up, those are the better ones, which know they have nothing to prove to anyone.

What is affiliate marketing?

The best way to explain affiliate marketing is by saying that it is a sales method. Affiliate marketing is part of referral marketing, and can be used online and off line. To know how to do referral marketing you will need to know the fundamentals of affiliate marketing and you have to know what referral marketing is, but mainly and most importantly you need to be a goods sales person with extraordinary tactics and strategies. However, do not get intimidated, because affiliate marketing is a breeze and is as easy as referral marketing and if you own a company you will be doing yourself a favor by adopting this method of sales and marketing. Moreover, affiliate marketing is a great way to be able to spend more time with your family and give up your job to go into business for yourself.

As stated before, to become a good online affiliate marketer or sales person you will need to know the fundamentals of affiliate marketing. The first thing you need to know, and take to heart, is that you can make a steady monthly income for yourself and for someone else. If you own a website you know that in order to sell your services or product, you need to get more people to your website, and if you want to be an affiliate you need to know that your job will be to not only generate traffic for a website, but also to market products on that website or service that company offers. A good way of doing this is by data entry advertising through Google Adwords or Yahoo. As everything in life, you will come down to the major details like money and at some point you will want to know how much you can earn by being an affiliate to a website or a few websites. The best thing about working for yourself is that you get to choose everything, who you work for, when you work, how you want to work, but you have to bear in mind that you will not make a great monthly income if you work for an hour a day.

So to put it simply, affiliate marketing is a cheap way of advertising your business, it is a cheap way of advertising your products and it is a cheap way of advertising your service. Online affiliate marketing is a tried and tested method for advertising your business or services and many companies the world over will declare that they have been making 10 times more daily sales than they did when they were using traditional sales and marketing methods. These companies will also tell you that their advertising costs were cut by more than half since using this proven to work method. It is a ways of marketing your company, while giving someone else a chance to start their own sales and marketing company. Affiliate marketing creates opportunities and makes life that much easier for you and your company.

Google Adsense and Affiliate Marketing - a comparative glance

Affiliate Marketing is one of the simplest means to make money online. Affiliate marketing is basically an agreement between two websites - merchant website and affiliate website. The affiliate website agrees to let the merchant website advertise his products on his/ her website in lieu of a pre-determined pay out plan. The merchant website thus gets web-promotion. Further, the ads featured by affiliate websites comprise of link to the advertising merchant website, which act as valuable inbound links for the website. The inbound links outside the website are taken as positive votes by the search engines in their logical deductions to determine the rank of the website in SERPs (Search Engine Rank Pages). As a result, the merchant website has increased traffic and better reputation in the long run.

In exchange, the merchant website pays a small commission to the affiliates in whatever method they mutually agree to. The popular methods of payment are pay per click method or pay per lead method or pay per sale method. While the affiliates prefer pay per click method for obvious reasons, merchant websites prefer pay per lead or pay per sale method. The pay per lead and pay per sale methods let the merchant pay only when a visitor actually registers and converts into a customer, respectively. However, irrespective of the method of payment employed, the affiliate marketing method proves to be way much cheaper and effortless for the merchant website than actually hiring an advertising firm for the task.

As regards the affiliates, making money out of affiliate programs depends more on the number of visitors directed to the affiliate program than the method of payment adopted. The heavier the traffic generated for the merchant website, the better the returns.

On the other hand, the Google AdSense program is a sort of an affiliate program wherein Google plays an intermediary between affiliates and advertiser websites. Google allows advertisers to sign up with the Google's AdSense program and submit their textual ads comprising of link to their respective websites. The advertiser website is also required to place a code on its website and leave the rest of the job entirely to Google. Thereafter, Google places the advertiser's ads across the web through its SERPs (Search Engine Ranking Pages), affiliate websites and registrants with Google AdSense. Google places these ads in tune with the context of the web content so as to ensure better prospects of being seen with interest and better probability to be clicked if seen. If an affiliate changes the web content, Google automatically modulates the ads to be relevant to the new subject of the content. Google charges the advertisers for this on a pay per click method, a part of which it shares with its affiliate responsible for the clicked ad.

Associating with Google AdSense is a winsome situation for both the advertiser and the affiliate alike. While the advertiser gets extensive exposure through Google for a low cost in a hassle free manner as compared to hiring an advertising firm, the affiliate gets to render its web pages look more professional with contextual advertising by Google brand name, as well as, make some extra income in the process. Google AdSense also provides a tracking tool to the advertiser website so that the same can monitor the returns from each text ad placed by them at Google AdSense and thus improve upon the effectiveness of their ads.

The contextual advertising outside the advertiser's website also helps the advertiser in terms of Search Engine Optimization. Search engines count these links embedded in the advertisements as positive votes for the website for ranking purposes.

Why join online affiliate programs?

Inspiring indeed is the hype about online money making through various affiliate programs available across the World Wide Web. The whole phenomenon sounds as easy and quick, as it sounds lucrative and handy. Affiliate programs, in gist, are all about promoting products of other business entities for a commission in lieu. Most of the online businesses, reputed or otherwise, have their affiliate programs afloat, reflecting upon the wholesome breadth of products and services that can be sold through affiliate programs.

However, merely being impressed by the popularity and hearsay is not a prudent way to do business. There should be rock solid and clear-cut reasons to support your business decisions. All queued up are here some points for you to ponder over and draw your own conclusions about joining affiliate programs available online.

First and foremost, the advantage of the affiliate programs is that you do not have to sell a product or service actually. An affiliate has to just market or advertise a product or service on its website, leaving the worry of shipment and payment aspects entirely to the advertising website. An affiliate, thus, does business minus worries and yet gets a consistent share in profits with a fraction of each sale through him going to his pocket.

Secondly, affiliate marketing generally allows and even encourages you to sponsor affiliates further and enjoy passive income from the sales secured through them. Though not all affiliate programs let you sponsor affiliates as deep as it gets, usually all affiliate programs allow you to have at least one level of affiliates forwarded by you. By referring other people to join the money making opportunity (also known as 2 tier programs), you build a network of people where you make money for each sale made by them.

Third advantageous point about affiliate marketing is that it does not require investment as such to start off. Joining an affiliate program online does not cost you as the sign up is FREE. You are also rescued from having to attend the official offline meetings to convince the big companies about your worth to partner with them. Some affiliate programs may force you into buying their products, which should be avoided by all means. Though buying from own shop or store is a good idea, it should preferably not be imposed upon you. Regarding investment required, it's a trade off between time and money. So it may vary from person to person.

Good Online businesses train you free of cost. Reputed businesses educate you about the online money making programs. This training may prove to be consequential once you launch your own online business later. The training is comprehensive in nature and prepares you to build your business effectively while save precious time and money.

Good online affiliate programs will equip you with all the important tools like tracking software, websites, follow-up manager etc., which in turn saves your valuable time and money. These tools give you a clear understanding of how you are doing in the online business. Serious affiliate opportunities avail these tools as well as guide to how to use them, again free of cost.

At last but never the least, online affiliate programs let you pursue your objectives like spending time with family or earning money part-time so as to support ones education or pay off a home loan. In fact online affiliate companies are the new cutting edge network marketing companies, which are most likely to sustain any degree of depression in the business line and still emerge as winner.

Boost your marketing with third-party affiliate networks

There is a reality to rumors that you can increase your online sales with third-party affiliate networks sites. Actually, these are essential resources for more serious online affiliate marketer who aims to realize his site's potential revenue to its fullest. Affiliate program networks provide affiliate marketers with products to sell, website content, comprehensive and up to date site statistics, performance tracking and commission-collecting services. They are also the ones who send out monthly payouts to their registered affiliates in form of checks.

For those who are new to web affiliate marketing, every webmaster can join an affiliate program and place banner or text links on their websites in an effort to earn revenue. Their website can be a niche site, a blog, or any type that targets a specific audience. If a visitor clicks the links or banners on the site, they are referred to company's website. Affiliate marketers gain commissions when the visiting user buys an item on the merchant's website or signs up for a service. A commission can run depending on the affiliate program the marketer has signed up: it can be few cents or dollars.

Third-party affiliate program networks are like AffiliateSeeking.com, Commission Junction, LinkShare, Shareasale and ClickBank. You can imagine an affiliate program networks as a mall for an online marketers. There are numbers of companies selling their own products and services under building. Once an affiliate marketer registers in the network, he gains access to high profile and exclusive companies that seek associates in selling their products. Examples of these giant companies are Dell, RadioShack, Apple, among others. You can also choose to sign up with small companies that also offer promising affiliate programs. When the marketer founds the right product and company that matches his site's theme, he start posting the merchant's banners, text links, and online coupons on his website and start making money.

Joining an affiliate network site enables you to control all your registered affiliate links in one location and view your conversion rates with their tracking software and reporting tools. They act like an agent for affiliate marketers - they work on your behalf for a small fraction of your commissions. However, you should expect slightly less commissions than having a direct partnership with a merchant.

The affiliate network sites work in a very professional and timely manner. They send out paychecks every month based on your site's performance. If you want to earn more than what you get by joining affiliate program networks, you can unsubscribe later and find other merchants to establish a direct marketing partnership. However, depending on the merchant, you may probably lose the ease in managing and monitoring the performance of your affiliate site.

If you had a good harvest with your affiliate marketing while joining affiliate networks, you can also optionally expand your business by creating new site that talks about or recommends the hottest items. As you go on with constant efforts to push your business forward, you will find out how lucrative affiliate marketing is and realize that the income can be potentially support a living.

How to find trustworthy affiliate programs

How could you ever trust a company you never worked with?

The rise of affiliate marketing has spawned so many affiliate programs offered by many merchants. This has been anticipated as small and medium-sized business enterprises join the worldwide bandwagon of putting their business on the Internet. However, if you were new to affiliate marketing as a marketer, you would probably be in dilemma on which affiliate programs to choose. Identifying which affiliate program is trustworthy and which is not could sometimes be a tricky task especially when you do not know the criteria.

The usual method in determining whether an affiliate program is trustworthy or not, is the formality of the merchant company and the affiliate program itself. This can be instinctive sometimes. Of course, how could you promote products when the merchant do not have his own website? Or if they have one, how could you say they are trustworthy when they do not post their physical address on one of their site's web pages?

The merchant's website is an important tool in determining their affiliate program's reliability. The website structure, the domain name, the overall web page design and content organization are already adequate for you to have an initial resolve to go for an affiliate program or not.

A professional merchant website usually presents strategically-arranged design items and displays comprehensive company background information. The written or graphical contents on their web pages are placed on a decent layout. They also provide qualitative and quantitative information of their affiliate programs that explains how registered marketers earn commissions, how much they get for every referral that leads to desired action or item purchase, and most importantly, the products being sold. They would also provide a facility for their prospective applicants in case they have questions about their affiliate program, company and products.

You would probably doubt the reliability of a merchant's affiliate programs if their web address appears to be: http://www.xxxabc222.com. Even informed web surfers would hesitate to click the said link because it gives an impression that it points to a notorious virus-inducing website like one seen on spams. A serious web merchant would always prefer to register a legible domain name for their business to bear legitimacy.

If the merchant's website is visually convincing, another thing to scrutinize is the offer. If the merchant's commission offer is exaggerating or "too good to be true," be very skeptic. Throw questions you have in mind by sending them in an e-mail and wait until they respond. Ask them also about how many affiliates they have - the many their affiliates, the more trustworthy they seem to be. If the merchant is able to reply in a timely fashion, observe the contents of the message and evaluate its formality. If the e-mail is well written and there is an air of formality in every answer, their affiliate program may really be legitimate.

If the merchant site has a forum or discussion boards, ask other registered affiliates how well they pay. Is it timely? Is it fair? Is it effective? Hear their personal opinions about the merchant and take note of the key points that will aid your decision-making.

Affiliate programs found on major affiliate networks websites are deemed trustworthy. However, to be safe, you can verify them by either contacting the affiliate networks site administrator or by visiting the actual sites of the merchants themselves.

Marketers would always prefer a trustworthy affiliate program. This is to ensure that efforts would not be wasted and commissions are protected. It is better to be sure than sorry.

Affiliate marketers: outsource your site contents

As an affiliate marketer, you always seek ways to realize your site's revenue potential. You keep yourself up to date with the current trends in affiliate marketing to learn better strategies on how to pull more visitors to your website and increase your site traffic and conversion rates.

Many affiliate marketing articles on the Web tells you that in order to boost your revenue, you must provide your users quality contents. It is a fact. As they say, "content is still the king." Quality contents indeed makes your site noticeable to popular search engines and push your site's rank higher.

Many marketers believe that it is not easy to provide good contents - that is why the Web is flooded with many websites that present useless or insignificant information. Many webmasters supply written contents for their affiliate sites by researching from other sites. This is not a good strategy though especially when the end-result makes an impression that the information found in your site is just being regurgitated. The remedy on this is to make every article unique by adding new twists from existing ideas without sacrificing quality.

Managing a site is feasible only if you have fewer affiliate sites. However, if you have more than five affiliate websites, you might find it difficult to manage and provide written contents due to time constraint. Every site needs to be updated regularly for consistent ranking on search engines. Unless you can dedicate most of your time to your online marketing business, handling the entire site update task is difficult and tedious.

The potential solution of this problem is outsourcing. By outsourcing, you hire other people to handle specific tasks on your site. Let yourself manage your site accounts and let other people work the remaining tasks for you. For instance, if you have three affiliate sites and each site has an articles section that most visiting users knew it is updated weekly, you can search for freelance web enthusiasts who are willing to work for a fee as freelance web content writers. Though this may sounds like an expense, it is very effective because you can even request them to submit articles as frequent as they can. So, your "weekly" articles update can even shift to "daily" updates.

If you are targeting American or European freelance writers, it would really be expensive. Depending on the topic of the article, the usual buying price is more or less $10 per 700-word article. However, if you hire somebody from English-literate outsourcing-capital countries like the Philippines or India, your expense will be slimmer. This is because a dollar converts more to the local currencies of the said countries.

So, where do you find these writers? You can use Google search to find forum websites from these countries. You do not need to worry about the quality of articles because there are lots of good, Internet-savvy Filipino and Indian writers. The competitiveness of such nationalities in English language is well noted by the rise of call center industries of the corresponding countries servicing both America and Europe.

Overseas payment can be done through Western Union, Xoom, or any wire transfer services. It is best if the payout is given biweekly to the outsourced writers.