Perhaps you are someone who is Internet aware and want to get more income through affiliation with monetized websites and referring others to them, correct?

Affiliate programs work like so: You earn commissions when you send individuals to sign up, use a service or buy a product with the website you promote.

There are 3 basic types of affiliate programs found in the Web. These are:

1. Per-Click Affiliate Program - The money you receive depends on the number of clicks
generated by your website. The typical payment for such program ranges from US $.01-$.30. This is the lowest among affiliate programs because “clicking” can be generated easily and is susceptible to fraud.

2. Per-Lead Affiliate Program - Payment usually come from “sign-ups” your website generates. When visitors enter their e-mail addresses, phone numbers and other information, you will be compensated. Since generating sign ups are more difficult
than clicks, the range of payment is from US $.10-$5.

3. Per-Sale Affiliate Program - These are the most popular affiliate programs. Also called a “commission” program. You will be paid on the sales generated from your efforts. Commission percentages range from 5-15% for physical products and 25-75% for digital products - depending on your agreement and the type of product sold.

As an affiliate, you need to consider the following:

- Determine your target market before your product. If you know there are ready made customers, finding suitable products is easy.

- The next step is to concentrate on a topic for your website you are strongly interested in. It is better to concentrate on a small area then work around it. After doing this, select affiliate programs closely related to your theme and link them.

- If you are serious in generating more income in lesser time, find out which are hot in the market at the present time. Become adept and well informed in one of these and make sure you link it with affiliate programs suit the theme/topic.

- Try to also consider products which sell well and have a high demand in the Internet. Such products include bargains and coupon sites. Aside from these, information products such as white papers and digital devices give high commissions and good profit margins.

According to an Ernst & Young study computer related gadgets, gears and devices are the most bought items in the market with 40%, followed by books at 20%; travel is 3rd with 16% followed by clothing at 10%; music has a share of 6% and gifts and investment have 4% each.

- Get your own domain name for your website which is unique and memorable. A domain name gives an impression that you are a serious professional.

- Create newsletters you can distribute around the Internet to remind visitors of your website’s presence.

- Make sure you offer good, if not, the best products and services. Quality first or your reputation will suffer.

- Look for affiliate programs paying good commissions, an obvious but oft overlooked issue.

- Track your promotions. These should provide you real time information in determining
which working program you should concentrate on more. Traffic is a valuable commodity, you need to know where you are sending yours and how much it is making you.

- Sign up with companies that offer residual income commissions but be wary of the conditions and stipulations that are stated in affiliate agreements.

- Go easy on promo banners and links and make sure that the affiliate programs you placed share a common theme with the site. Visitors will be turned off when they see a sea of banners and links in the site. Keep your site themed.

- Research companies before signing up with them for affiliate programs. Ask for references and contact them.

Should you be interested in affiliate programs, you can check out sites such as ClickBank (www.clickbank.com), LinkShare

(www.linkshare.com/new) and Commission Junction (www.cj.com). Visit sites such as http://www.refer-it.com/ and

http://www.AssociatePrograms.com/ for directory listings and reviews.

One website you absolutely must visit is AffiliateExponent.com

All the best,

Tom

Technorati Tags:
affiliate revenue model, affiliate programs, earn commissions, popular affiliate programs, commission program, bargains, coupon sites, information products, profit margins, affiliate agreements

Tags: Uncategorized, Your Business, Internet Marketing, Affiliate Marketing

This entry was posted on Sunday, September 10th, 2006 at 4:44 pm and is filed under Uncategorized, Your Business, Internet Marketing, Affiliate Marketing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.