How to succeed as an Affiliate on the Net
Author: Harvey Segal
What is an Affiliate ?
When a company has a product or a service that they wish to sell
they will often enlist 'affiliates' to do the job of finding customers
for them. You may know an affiliate by another name, for example:
agent, reseller, associate, communicator.
Once the affiliate has managed to get the customer to make an order
his job ends. The whole process of handling the order, the collection
of payment, the shipping of goods, is done by the company (or distributor).
Who benefits ?
This is a tremendous arrangement for both sides. The distributor
simply waits for orders to arrive and has no involvement in the
marketing phase. The affiliate simply gets a customer, for example,
to visit a web site and takes no further part. Commission is paid
to the affiliate on the value of orders made.
It is the power of the Internet with the possibility of cheap or
free advertising for a vast audience which makes reselling such
an outstanding business opportunity. And if you have your own website,
where you have the luxury of posting your own ads for free, then
you have an effortless income-producing system.
Two things which make reselling even more exciting
- If the product can earn you residual income, for example a monthly
commission all the while that the customer continues to renew
it.
- If you can recruit your own affiliates and collect commission
either for each affiliate or for the products that they sell
What should you look out for ?
Here are some rules for checking out affiliate
opportunities:
#1 The company
First, there would be no point in generating massive commission
on 'paper' only to find that the company are unreliable, don't pay
up on time, or eventually fold. Test out the company first.
Make an inquiry as if you were a potential customer. Study the
quality of their reply and of their literature or website. How quickly
do they respond ? If their customer service is poor this does not
give much hope for the way they will handle their affiliates. Are
they an ethical company, what guarantees do they provide for refunds
?
#2 The product
- Is the product an item which is in good demand ?
- What is the rate of commission ?
These two factors will determine your potential earnings. As a
guide commission should range from 25 to 50%.
#3 Assistance with promotion
Does the company provide advertising material for their
affiliates ? In particular do they provide a personalised web site
?
#4 The cost
What is the cost of becoming an affiliate ?
This can vary from
- completely free
- paying an initial one off payment
- paying a monthly subscription
You don't have to be deterred by affiliate opportunities where
payment is involved. These may offer greater benefits such as advanced
promotion techniques and commission which will quickly outweigh
the payments.
For example $30 per month may seem a high figure but if you regard
it as one dollar a day to have the company's products displayed
24 hours a day to the whole world on your own personalised web site
it could be viewed as the bargain of the century.
Can anyone become an affiliate ?
Affiliate opportunities are ideal for both experienced online marketeers
and for newcomers to the Internet. Here's why:
#1 Experienced online marketeers
If you have an established web site the minimum that you
need to do is post an ad on your own site. And there's no need to
stop at one product.
Providing that you don't overload your web site with ads you could
have many - and you can monitor how they perform so that you can
judge which ones to give prominence to.
#2 Newcomers
One of the first and most important skills you will need
to use for any online business is how to place adverts.
Here are some of the things that you start to learn when you submit
ads:
The various locations where you can place an ad such as newsgroups,
forums, ezines, web sites: and the different rules and methods used
for each one such as frequency of posting and size of ads.
- How to post information to a mailing list or newsgroup for
free but using a signature file to promote your products.
- How to code your adverts so that you can identify where the
response originates.
- How to organise your mail files to handle responses.
- How to simplify your own systems so that you have standard replies
to common questions.
- How to set up autoresponders if necessary to take away the chore
of responding manually.
- How to deal with the unexpected (for example, even though you
may clearly spell out in your ad that a reply should be made to
an autoresponder many people will still reply directly to you).
By taking on an affiliate operation you have an ideal opportunity
to practise these methods. This will provide the experience for
whatever online venture you plan as well as an excellent source
of additional income.
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Don't miss Harvey's FREE book
Guru Magic: the Internet marketing book with a UNIQUE twist. And
there's more great articles, ideas and tips at the SuperTips website
http://www.supertips.com
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