When to Say "When" to an Affiliate Program
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by Chuck McCullough
How long should you promote an affiliate program before
you make the decision that it just isn't going to work for you?
Find out the answer here. Let's face it, no matter how
well a particular product may do on other Web sites, it just might
not be right for yours. Statistics show that only a small percentage
of affiliates for any given program actually make any money. What
happens if you are one of those that falls into the category not making
money? Is it time to take down the site and let the domain name registration
expire?
No way! But it just might be the right time to make
some changes to your strategy. Analyze your Web site and the programs
that you have signed up for. Determine which of those REALLY appeal
to your target audience. I said REALLY because I want you to look
at the programs from the viewpoint of your visitors, not from the
viewpoint of which ones are supposed to make you the most money.
There's a lot of advice out there on which programs
to pick for your Web site, highest commissions, monthly payout, online
reporting, etc., etc., etc. The fact is that you don't always have
that choice to make. You need to concentrate on the products that
your visitors will be the most interested in. What programs compliment
your Web site's content and theme are much more important than signing
up for every program promising to make you rich with only one sale.
I'm a great example of the above information. One of
my Web sites caters to a highly targeted audience. I have tried many
affiliate programs and advertising solutions on that site over the
past two years. You know which program consistently beats all others?
Amazon.com!
I get paid quarterly not monthly (make that a month
or two after the quarter has ended), I only get credited for that
visit, not repeat visits, and up until about a month ago had to wait
until Monday of each week for my emailed statistics.
Believe it or not boys and girls, Amazon.com doesn't
fit into the 'model affiliate program' mold that we read so much about.
Now, I'm not trying to be hypocritical here, I too feel that you should
do your best to find quality affiliate programs that offer all of
the above benefits and then some.
I'm just trying to tell you that if you find a program
that really appeals to your target audience, you CAN make some money
with it. Don't pass up products that your visitors would really be
interested in just because they don't pay you enough. Because if your
visitors really do purchase from a particular program and you can
show consistent sales you will be able to appeal to the merchant and
ask them to increase their payout to you.
This happens a lot in this industry, especially if
it is a good fit for both sides. Worse case you might be able to get
away with telling them that if they don't cooperate with you, you're
going to change to another program. Chances are they don't want to
lose your business, and they will work something out for you.
So now we've done the easy part and dumped the programs
that we know aren't appropriate for our site. What about the ones
that are fairly targeted to our content and that our visitors might
be interested in? How do we know when the amount that we are going
to earn doesn't justify the time and effort to promote a particular
program?
I once read that you should give at least 3000 impressions
to any given program before making the decision to keep it or drop
it. I don't quite agree with this statement. According to this, I
post a banner on my site, and if it hasn't made me any money by 3000
impressions, dump it.
We all know (at least I hope we do!) that there is much
more to being successful with affiliate programs than just adding
banners to your rotation. So how do we set a benchmark? This has to
be determined by you. It is based on your Web site, your visitors,
the program, and the amount of effort you have put into promoting
the program.
Have you blended the product offerings in with your
content? Have you given personal recommendations for any of the products?
Have you displayed the links and/or graphics prominently so that the
majority of your traffic has a chance to see them? Have you mentioned
new product offerings to your newsletter subscribers?
If you can answer yes to the majority of the above
questions, then you can make a determination as to how long to try
the affiliate program. If you've done these things and your visitors
have passed right by the offerings for a decent time frame and nothing
has happened, it's time to move on!
Find another program and give it the same due diligence.
If you do this with each and everyone of your targeted programs, you
WILL find a program that will perform for you!
This process should be familiar to you. Many, many Internet
marketers preach this concept, simply known as TESTING!! Your online
career is a series of continual tests. Try one product, if it doesn't
work for you, get rid of it and try another one. After you have done
this testing, then and only then, can you say "When" to an affiliate
program.