>> RichTrack.com
explains what affiliate marketing is all about and how
much money you can make. RichTrack.com will help you to
become an affiliate. RichTrack.com has reviewed the best
Affiliate Program Providers (APPs) and here you can find
our top APPs ranking. Also you find a lot of resources
which help you to promote merchant’s products and get
money in the lucrative world of affiliate marketing.
Basic Idea
Affiliate marketing is a type of marketing in which
revenue sharing between online merchants and online
salespeople (affiliates), whereby compensation is based
on performance measures, typically in the form of sales
(Pay Per Sale), clicks (Pay Per Click) and impressions (Pay
Per Impressions).
Merchants run affiliate programs to generate leads and
sales from other Web sites. They pay an affiliate to
generate sales from a button, banner, or link placed on
affiliate’s website, newsletter, e-mail or pay per click
ad. For example, if a site owner signs up for any
merchant’s affiliate program, he will receive banners or
links from this merchant that he can place anywhere on
his site. Then, if a visitor clicks on this banner or a
link on his site and buys something, he will receive a
commission.
The introduction of affiliate programs in the late 1990s
brought Internet marketing to a new level. The first
companies that offered these programs saw sales increase
dramatically. These companies basically get free
advertising and only pay their affiliates a percentage
of the sales they generate. It's a win-win situation for
the company that runs the affiliate program.
Now there are thousands of companies in hundreds of
industries that will pay commissions to you for sales,
leads or impressions.
How does it work?
1. First of all you are looking for products and
services sold online and used an affiliate program.
2. Then you should sign up for free as a reseller (affiliate).
How to become an affiliate you can find below.
3. After that you should advertise these products and
services. How to promote them you can find below.
4. After all you’ll receive commission checks.
How to become an affiliate?
There are two ways to become an affiliate:
1. Some merchants have their own affiliate programs. You
can join them on their sites.
2. But the most typical is to use Affiliate Program
Providers (APPs). There are several large APPs. They
connect a lot of merchants and affiliates in different
industries. APPs collect payments from merchants and
consolidate affiliate reporting and payments. For
example, the affiliate places links to the merchant on
their website, email, newsletter, or Pay per Click ads.
When a potential customer clicks through the link they
are sent to a specified page of the merchant’s site. If
this potential customer buys something, fills out a form,
or completes any action desired by the merchant the
affiliate is gotten a commission. The APP tracks all
elements of the transaction.
Joining an APP is absolutely free. You should only fill
out a form. The affiliate should usually wait a few days
for approval, sometimes applying is automatic. You can
find the Top APPs at http://www.RichTrack.com.
Advantages
Affiliate Programs are the ideal way to get money
quickly and easily online:
You don’t need to launch a new product;
You don’t need to handle any products;
You don’t need physical inventory;
You don’t need a huge investment. You can start with $10
and 2 hours a week;
You don’t need a website because you can use Pay per
Click ads.
Disadvantages
The very important disadvantage is a low click-through
to conversion rate.
Only a few percent of your visitors will click on a
banner or link; of that percentage, a few percent will
actually buy something. It can be disheartening to see
that there have been thousands of visits to your site,
and only small percent of them have bought something you
promote.
Recommendation: If you focus on the affiliate programs
to the theme of your site and the interests of your
audience then the better the results you will achieve.
Also text links, "odd" ads (i.e. advertising that
doesn't immediately look like advertising) will
generally give rise to much better results than banners
or buttons.
You should be reliant on a merchant's ability to sell to
the visitors the products that you're promoting. Of
course you can improve the chance of a sale by
effectively pre-selling the product or service, but it's
still up to the merchant to close a sale. And if they
don't sell anything to your visitors, you get nothing.
Recommendation: Before promoting any product you should
learn it and decide for yourself: “Would I buy it?” If
the answer is “Yes” that's greate, but if “No” you
should look for better productsto promote.
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