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Know The Affiliate Payment Programs
Find your very own profitable market niche.
See how here.
Find the perfect match between you, your
product, and your market niche.
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If you're just starting out in internet marketing
becoming an affiliate is a good way for you
to earn money while you finalize your site
and product offering.
In choosing which affiliate program to sign
up for you need to look at the nature and
content of your own site.
You want to sign up for an affiliate program
that compliments your site and your strengths.
At the same time you also need to look at
how you, as an affiliate, would get paid.
Let's talk about the different types of financial
arrangements different affiliate programs offer.
Let's start with the most popular and common
type: commission based.
As the name suggests, it means that you
get paid a commission for doing a certain
transaction - or rather for having a customer
do a certain transaction.
Here it's usually a commission based on a
sale - what's called Pay-Per-Sale.
Basically, ff you refer a visitor to the merchant's
site and that visitor makes a purchase, you
get a percentage of the sale as a commission.
Commissions run the gamut of anywhere
between the low of 10% to a high of 90%.
Some affiliate programs even have sliding
scale commissions wherein the percentage
goes up as you refer more buying visitors.
This means that you may start of at the 50%
level and as you send in more buying visitors
your level will go up to 60% and so on and
so forth.
The other payment type is the fixed or flat-fee
one.
Here you get paid with a set or predetermined
amount for every visitor who carries out at
least one of the listed transactions at the
merchant's site, regardless of the dollar value
of the transaction.
This means that you can only get $20 if you
refer a visitor who buys a product even if that
product is worth $100.
While there are flat-fee affiliate programs that
offer Pay-Per-Sale most do it on a Pay-Per-
Lead method.
In a Pay-Per-Lead, you get paid a fee for each
visitor you refer to a merchant site that completes
some sort of information query, a quote request,
or signs up for a free program trial or something
similar.
Finally there's the Pay-Per-Click.
Akin to the flat-fee Pay-Per-Lead you only
get paid a flat fee regardless of the value of
the transaction.
Unlike the Pay-Per-Lead you get paid for
every visitor that clicks the merchant's banner
ad on your site.
You get paid for every visitor you send through
to the merchant regardless of whether there
was a sale or transaction.
The thing is you typically get paid between
$0.01 to $0.20 per visitor so you really need
to have high volume to make any substantial
amount of money.
Before you sign up for any affiliate program
make sure you read their program terms and
conditions so you know what they have in
the fine print.
Remember that an affiliate program should
not be just your only means of making money.
Use it as one of your money earners.
Nothing can compare to selling your own product
to your very own profitable niche market.
FInd your niche here.
To your online success,
Menno Spijkstra
P.S. Visit my blog at: http://www.affiliatedistrict.com
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