So many affiliate programs out there - which one really works? It may seem a difficult question to answer and once you start looking through the affiliate websites, you may get lost in a sea of attractive promises. How do you then decide which is the best one for you and how to make money online with affiliate programs?
Make money online with affiliate program has become an extremely popular source of making money on the internet. The basic idea of affiliate marketing is based on links. You put up links on your website to lead traffic to another website. If they make a purchase from the site, you get a percentage commission.
1. Payout rates and Payment Structure
Some affiliate programs are single tier ones while others have multiple tiers. This means that if anyone you referred to the program makes a sale, you get a commission from there too. To make money online with affiliate program, try and look for such an affiliate program, as the payout will be higher. You must also check out the program's payment structure before joining. Always look or a program that pays a high rate of commission.
An important aspect to consider is reliability. Run a few quick searches and check how reliable the website is, its credibility etc. Also see if it pays on time, frequency and if it clears its dues fully.
3. Upfront fees
Affiliate programs that charge a registration fee or any upfront payment are best avoided. C'mon - if you went looking out for a job, you wouldn't pay the employer to allow you to work! Another advantage is that you can opt out if it doesn't seem to suit you. Those who talk of refunds usually drive you crazy before they return your money, if at all. A company confident of working well will definitely not charge you anything.
Look for an affiliate program that gives you a clear and comprehensive statistics page. You should be able to view your statistics 24/7. A good statistics page will show you the number of clicks you have received, where the majority of clicks are originating and how much cash you have earned from your links. The system should be transparent and your stats should get updated immediately.
5. Conversion Rates
Look into the conversion rate of the affiliate program. This will give you an idea of how many people actually make a purchase after clicking on the link. For example, a conversion rate of 1% implies that for every 100 visitors who clicked on the link, the website made one sale. 2% is a reasonably good conversion rate. Be wary of those who claim to have abnormally high conversion rates, as more often than not, they are scams.
6. What the site sells
All said and done, a key factor and narrowing down your list of affiliate programs is the product or service that the website offers. What is it? Will people pay for something like that? Only if the product or service is impressive, will people shell out money and actually buy it.
A reliable affiliate program can turn out to be a great source of easy income for you. To make money online with affiliate program, it requires no long hours, no angry bosses, no traffic snarls to get caught in - what more could you want?! If you've found a good affiliate program with a high conversion ratio and a reliable payout rate, half your battle is already won. Now you just need to sit back and watch your money tree grow!
Btw:You can check my post where i put different ways to make money online with affiliate programs.