Affiliate Revenue Explained - 5 Keys to Choosing the Right Affiliate Program
By Akpemi Musa
Choosing the right affiliate program could have a profound effect on the amount of income you can make from your website, blog, eCourses etc. In this article I would not chose affiliate programs for you because I don't know your target area/ niche BUT I will give you certain criteria that should be applied by anyone in any niche market including you in choosing the right affiliate program.
However, I suggest you keep the following five points in mind, which serves as criteria for choosing the right affiliate program.
1: Commission payment. Avoid merchants that pay your affiliate commissions bimonthly or quarterly. Choose merchants that will pay you commission weekly, biweekly or at the most monthly.
2: Payment method. Choose merchants that would pay affiliate program commission you earned into your Paypal account or direct deposit/ wire transfer into your bank account.
If possible avoid checks because some checks take about 10 days to clear depending on bank and country of residence. This increases the number of days you will have to wait to enjoy the money you have worked hard for.
But with Paypal or direct deposit/ wire transfer, you can cash your commission within 24 hours of payment. However, you can accept check, if you feel it is worth the time you have to wait to allow it to clear.
3: Promote high priced products. Choose products that are high priced to get fat commission checks. Nevertheless, you may promote low priced items, especially if your niche audience has a very high population of individuals interested in what you have to offer.
But keep in mind that in your affiliate program business you should promote products that your niche audience will be interested in buying.
4: Promote recurring billing. Choose products that have recurring billings, in your affiliate program business. That is product which the customers pays for monthly or quarterly, so that you will receive guaranteed revenue so long as the customer continue to place order for the product or service at the merchant's website.
You see, recurring billing products or services are very lucrative but requires less work because whenever the customer pays, you need not remind him to buy again by advertisement. This way you save yourself time and advertisement money.
5: Promote high demand products. If you prefer to promote physical goods, you can choose products that are consumable because when a customer finishes using the ones he had previously ordered. He would have to order again to use the product.
Examples of such consumable products are cosmetics, wellness products, weight loss products, food, laundry products, etc. But keep in mind that the physical goods/ products should be of lightweight, so that customers will be able to order it online.
You see, if the weight is too high, it will lead to high shipping charges. This will make the customer to pay high price for the product. Chances are the customer will prefer to buy it offline.
The implication here is that you'll not be able make a decent income promoting high weight product as an affiliate.
If you apply some or the entire above listed criteria for choosing products and services to promote as an affiliate, I can assure you that before long you will make lots of money online without having your own product or service.
Even if you have your own product, affiliate program promotion could earn you multiple streams of income. In this case you have to leverage your customer base, in order to make more money promoting affiliate programs.
Akpemi A. Musa is the author of the bestseller book titled:
Article Millions Exposed - How to Make Money Selling Articles. In the book you'll learn the ideas, techniques and methods used in making $2000+ monthly writing and selling articles in your home based Internet business. For a limited time Download FREE 50+ pages excerpt copy of the book.
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