What is Affiliate Marketing?
According to what was said by Wikipedia, affiliate marketing is a type of marketing where the affiliate business commission obtained if there is a visitor or customer conversion through the affiliate's marketing efforts. Thus, affiliate itself is defined as the way companies (advertisers) to sell its products to the individual or company registering affiliasinnya and subsequently (affiliate) marketing these products to earn a commission.Simple is not it? When you become a member of an affiliate business, then you will get an affiliate link (referral link). Furthermore, you are only making efforts to disseminate these links in a variety of social media to get the conversion.
How Affiliate Marketing work?
There are two ways to run this marketing program. First, you can offer affiliate programs as an advertiser. Second, you can sign up for the affiliate program of someone else's business. Of course if your company or have a substantial business, by offering an affiliate program is one of the online business success tips that can make you make a profit much.
However, before you have to actually set the rules about your affiliate program. Many rules are different in every company offering affiliate programs. For example, some allow affiliate companies share a link in the social media. However, some of them also exist that only allow through the website with a variety of conditions, such as niche, the amount of traffic, originality of content, and other things.
Myths About Affiliate Marketing
A lot of myths out there associated with affiliate marketing. Inil; ah why, many people are still confused and hesitate to run the program this business. For that, you can make the right decisions so that your online business can grow by leaps and bounds. Here are the myths related to affiliate marketing:1) Affiliate Marketing Can Run Fast and Easy
In fact, affiliate marketing program is very busy with a lot of work. Mostly, the program is much ogled, so it will be a lot of competitors, and the commission will be more difficult to obtain. You know, run the affiliate marketing program is only a matter of course disseminate referral link. But more than that, based Threeladdersmarketing.com, only about 0.6% of affiliate marketers who are successful in running the program from 2013 until 2014.It is seen based on the preferences, strategies, tactics, companies and many others. From these results, it has been proven that affiliate marketing takes time and effort to run it.
Indeed, affiliate marketing business depends on good relationships between affiliate marketers and partners that run this program. For that, you must pay attention to the following points :
- Bringing the right partner to run your affiliate marketing program.
- Update content regularly to make things that are new and innovative. This is to help increase traffic to your business website. The hope, to convert the traffic into conversions.
2) You Need to Choose the Very Popular Niche
In fact, many companies are not trying to open the program. Because they thought they were too little market. Some companies even try to get into the niche market that is bigger, even those not interested in the niche market.It's true, the more popular niche would be better for the affiliate marketing program. But it by no means guarantees that you have a chance of success. To that end, try to keep in line with the goals and mission of your company and find affiliates who understand the relevance of work in a market that makes you feel comfortable.
3.) You Will Succeed If Promoting Link in Many Sites
The best way to run the affiliate marketing program is the emphasis on quality rather than quantity. There are many small sites that will promote your product. But, the key is to find a small number of partners who will provide the conversion.For example, a stock management service firm already has 20 thousand affiliates in their system. However, only about 25 affiliates who actually generate 85 percent of their income. According to studies conducted by Threeladdersmarketing.com, the successful conduct driven SEO affiliate program with a percentage of 79% and approximately 60% of social media.
Type of Affiliate Marketing Program
There are various ways to get income from affiliate marketing program. To that end, here are tips to successful online business by knowing in advance the types of affiliate marketing programs. Here are the types of affiliate marketing programs are widely used to make a profit.1) Pay Per Sale (PPS)
Is a type of affiliate marketing program where you will earn a commission in the event of conversion (sales) through your affiliate link.Commissions vary, depending on the policy of each advertiser that offer affiliate programs. This type is also the one contained in Suplier.id affiliate program. Because, every conversion through your link, it will get a commission from Suplier.
2) Pay Per Lead (PPL)
It belongs to the type of program where you will earn a commission of any prospects or leads that join through your affiliate link corresponding qualifications determined by the merchant.Commission payouts are flat, or common abroad are received by the site for $ 0.10 / leads. For example, a merchant PPL as free domain's external website, but the best programs usually come from insurance sites, property and loan applications.
3) Pay Per Click (PPC)
Is a type of affiliate marketing where you will earn a commission on each ad click made by visitors to your blog or website. For the price per click advertising is varied and differ from one another PP manager. Range, ranging from $1 per click. You can find affiliate marketing program is Google Adsense.4) Pay Per Review (PPR)
PPR is one of the affiliate program where you will earn a commission from every review of a product or service that you have written on the blog. Great commission usually seen by Page Rank Blog. Ranging from 25 thousand rupiah per article or blog's page rank 1. PPR popular you can find in reviewme.com and sponsoredreview.com5) Recurring Affiliate program (AFR)
Type of affiliate marketing program where you will earn a commission from every recruiting members who subscribe to a service and monthly service. Commissions are usually paid on a regular basis or a fixed period. For example, you can find AFR web hosting and auto responder.How to Select the Right Affiliate Marketing Program ?
You need to make sure that you feel comfortable with the product that you are promoting or will you sell, and you have confidence that you promote it properly.Check page of the advertiser's website. If the page is no product that you want, or perhaps not so convincing, it likely will not be interested visitors to make purchases.
If your website also provides content, then choose to sell products soft selling. This is to keep a positive opinion about your site's visitors.
Choose affiliate marketing program that offers something relevant to your site. Find affiliate programs that are related to topics such as website hosting, webmaster tools and software, web site templates, and so on.
Make sure you understand the rules and affiliate agreements and make sure you comply with it. Please also take the time to examine the advertiser before joining to make sure they actually pay to affiliates and that their program is not a scam.
Try to look, whether the advertiser has an affiliate program that offers tracking and reporting features for affiliate programs that you run. Good affiliate program will provide you with a way to access the statistics to see conversions, sales, and commissions.
You can indeed run the affiliate marketing program to start a business of your principal. But, most of them follow the affiliate marketing just for a side business only. But whatever your goal in this business, to run a successful affiliate marketing business you can only achieve if you are always consistent and determined to keep trying. And all this of course takes time that is not short.
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