The moment you decide to be an Internet Marketer or an Affiliate Marketer, there are two options before you. You could either sell your product or sell other peoples’ products and earn a commission. Selling other peoples’ products and earning a commission is the easiest and best way of getting started. Certainly, you would love to choose the best affiliate programs that will ensure success for all the efforts you put in.
There are thousands of affiliate programs that cover a broad spectrum of products and services, and unfortunately, many of them are scams. Hence choosing the best affiliate program requires a lot of study and research. This article explains how to choose an affiliate program. So let’s get started…
7 Factors to consider before joining an affiliate program.
COMMISSION
The Commission is the lifeblood of your internet marketing business, and much attention has to be devoted to this aspect. What commission will be paid? Is it reasonable and acceptable for your efforts? When and how will you be paid? If there are no positive answers to these questions, then you should keep away from such affiliate programs. Sales of E-Books generate a commission of 30%-70% which is considered attractive by most affiliates.
PAYMENT METHODS
Before joining an affiliate program you should consider their payment gateways. If your selected network doesn’t support the only gateway you have; then it will be a wise decision to ignore that affiliate network. However, many of the networks support Paypal, Payoneer, Crypto and Wire transfer.
PAYOUT THRESHOLD
The important thing is to be aware of the minimum payout of your desired affiliate network. If your preferred network gives $10-100 as a minimum payout it looks fine. But if they don’t permit to withdraw your hard earning money before reaching the amount of $500 or $1000; that will be tough for the beginners.
THE QUALITY OF THE PRODUCT
It goes without saying that the quality of the product has to be very good. You must first believe in the product yourself and feel confident about the product without any reservations. If you feel that the product could be a scam, then you should visit some relevant Forums and Websites that review products where you can gather excellent information to guide you in your choice.
DEMAND
Before choosing your product, it is important that you find out whether there is a specific need, demand or interest for the product you intend promoting. What will be the retail price of the product? If it is too costly, it will be beyond the reach of most people. Furthermore, if you can identify and choose an affiliate program that meets the need for a global market, then you can certainly be assured of greater sales and ensure success. Another important factor that has to be considered is that if you have a website, the product or service you choose must be relevant to the theme of your website.
TRACKING SYSTEM
When you promote several products, it will be wise to keep track of the Hits and the Sales generated for each of your products. Good affiliate program providers give you these details which are very helpful for assessing the popularity and the need for the individual products. If you find that some products are not generating sales, stop promoting them and move on and identify new products that will help you make money.
SUPPORT AND PROMOTIONAL TOOLS
Good affiliate programs provide their affiliates with a wide variety of tools such as banners, graphics and text links to be put on your website and other aids to help you advertise. They also provide top-level support to their affiliates. It should now be obvious that the criteria mentioned above play a major role when the time comes to choose the best affiliate program that can help you make money from home. Remaining motivated makes your journey as an internet or affiliate marketer much easi