Monday, July 20, 2009

Boost Your Affiliate Commissions Using these 3 Top Ways

Affiliate Marketing involves promoting for sale products belonging to someone else. You, as the affiliate marketer, get a commission for every sale that goes through as a result of your promotion. You do not necessarily have to have your own website and dealing with customers, refunds, product development and maintenance are the responsibilty of the product owner making this one of the easiest ways of having an online business and making an income.

Let's assume that you have made a start and are already an affiliate marketer promoting a few products, but are not very successful at it yet. What would be your next goal? Double, or even triple, your commissions, right? So, how are you going to achieve that?

Consider implementing these 3 powerful ways to boost your affiliate program commissions quickly.

1. Choose the best program and products to promote.

Naturally, you want to promote a product in a program that will make it possible for you to achieve the highest profits in the shortest possible time.

What are the factors to consider when selecting an affiliate program?

The company must:
  • Have a generous commission structure.
  • Have products that fit in with your target audience.
  • Have a solid track record of paying their affiliate easily and on time.


And very importantly, if you cannot seem to increase your investments, dump that program and keep looking for better ones.


There are thousands of affiliate programs online which gives you the leeway to be selective. You may want to select the best to avoid losing your advertising dollars.


Write free reports or short ebooks to distribute free from your site if you have one. Remember that you are competing with other affiliates who are promoting the same program and you need to outwit them in your promotional strategies. If you write a short report about what the product can do for you, you will immediately distinguish yourself from the other less creative affiliates.


In the reports you write, always provide some valuable information and add a few recommendations about the products themselves. Do some online research into customer feedback on the product and include this information in your report. The idea is to begin to build up credibity so that people will turn to you when they want to buy a product.


2. Collect and save the email addresses of those who download your free reports.

That is your list of prospects that needs to be nurtured and respected. They will form the mainstay of your buyers. You will need to email your list regularly giving them tips as well as promoting your affiliate products. It is a known fact that people very seldom make a purchase the first time they hear about a product. You may need to send out your message in different emails more than six times before someone actually buys.


As an affiliate, it is crucial to get the contact information of a prospect before sending them to the website of the vendor. Bear in mind that you are advertising the product free for the product owners and you only earn commission when you make a sale. If you send prospects directly to the vendors, chances are they would be lost to you forever. With a list of prospects, you are able to send them other marketing messages and, in this way, are able to earn ongoing commission in place of a one-time sale only.


If you can, publish an online newsletter or Ezine. The internet marketers who are earning a very good income online all concur that it is better to recommend a product to someone you know than to try and sell it to a stranger. This is the reason behind publishing your own newsletter. You will gather a group people around your ezine that enjoys what you write which allows you to develop a relationship of trust with your subscribers.


This strategy requires that there is a delicate balance between providing useful information and giving a sales pitch. If you continue to write informative editorials which your readers find helpful, you will build a sense of loyalty in your readers and that is likely to lead them to support you by buying your products.


3. When you begin to do well promoting products for a particular company, you are perfectly within your right to ask for higher than normal commission from them.

If you are already successful with a particular promotion, you should approach the merchant and negotiate a higher percentage commission for your sales. If the merchant is smart, he or she will likely grant your request rather than lose you because you are a valuable asset. Keep in mind, too, that you are a zero-risk investment to your merchant, so do not be shy about negotiating higher commissions.


Test these affiliate strategies carefully and you could begin to see a difference in your commission checks in a relatively short time.



No comments:

Post a Comment