Choosing an affiliate program?
| Category: Affiliate Marketing - Basics | Date: 2003-04-28 |
Get some sound advice from this author who shares his experiences and knowledge of online multi-level marketing.
Earn $20,000 a month - GUARANTEED! Easy Money! Get Rich Quick! Unlimited Income Potential! Many online multi-level marketing setups are touting these empty promises to entice members to join their programs. They focus on selling points that prey on two human weaknesses - greed and curiosity. Get full report here! - MLM. Is it a racket or a get-rich-quick scheme?
But not all multi-level marketing programs are scams. Some are legitimate businesses selling tangible products and providing value-added services. Most of them limit their marketing networks to two levels and require you to put in considerable time and effort to succeed. But your effort will not be lost - most of them offer an opportunity to earn residual incomes from the same customers whom you refer to your principal for as long as they remain as customers.
How do we identify a good affiliate program? Through various trials and tribulations, I have identified the following telltale signs that make affiliate marketing a worthwhile endeavor for your time, effort and advertising dollars.
No fees! It is free to join.
Most get-rich-quick scams will fail this test. They usually require a small one-time investment of say $5 and work by transferring money from the majorities to the minorities. The old saying of early bird catches the worms applies here. Those who join the program early will make money from those who join at a later stage. In a finite population, if someone makes $5,000 from this program, 1000 people stand to lose $5 each.
Legitimate businesses usually do not require a joining fee, although there are exceptions. Unlike MLM programs, they make most of their money from selling tangible products or providing value-added services.
Pass a simple trade test.
Before you take the plunge, you might want to run a simple trade test to ensure that the product or service can sell. Is the product or service of good quality, useful and priced reasonably within the reach of the majority?
Does the supplier have a good reputation in conducting his business professionally? You may ask some of your friends, business associates and other parties that you will be doing business with for their opinions. If necessary, you should visit the suppliers premises to have a first-hand feeling of what you are getting into.
Opportunity to earn residual incomes.
Most affiliate programs are structured in such a way to benefit the merchants more than the affiliates. An affiliate will only earn commissions on sales transacted by people who follow his link to the merchants site. He will not earn any commissions if the same person goes to the merchants site directly on subsequent purchases. This is unfair to the affiliates who may have spent considerable time and money to drive visitors to the merchants site.
To safeguard your interest, you should look at programs that offer an opportunity to earn residual incomes from the same customers. In other words, you will earn commissions on the monthly subscription fees for as long as the person you referred remains a customer with the merchant.
High sales commission.
It is not worth your effort if you are paid only a few percentage points or a few dollars in sales commissions for every sale concluded. There are many good programs out there that paid as much as 50% commissions or over a hundred dollars for every private membership sold.
Two-tier or multi-tier commissions.
The multiplier effect from multi-tier commissions can be tremendous. Assuming that you participate in a four-tier commission structure and each member closes one sale and recruits 5 members, your total monthly commissions will be $1,025, a 20 fold increase from your own selling effort.
Illustration:
Your own earnings = $50
Level one (5 referrals) = $20 x 5 = $100
Level two (25 referrals) = $10 x 25 = $250
Level three (125 referrals) = $5 x 125 = $625
Ongoing training and marketing support.
A good affiliate program should also provide adequate resources and ongoing support to help affiliates succeed in Internet marketing. It shows the merchants commitment to making affiliate marketing works for everyone. After all, the affiliates successes will very much affect the profitability of the merchants online business.
We have tested and supported various affiliate programs that meet the above criteria. Get more information here! Tested and proven moneymaking pportunities -
http://www.aloha-city.com/basics/affiliate2.html .
About the author:
Patrick Tan, an entrepreneur and former journalist, offers a complete range of e-commerce solutions and services (editing, writing, translation, content development, web design, etc) to help you build a successful career online. Visit his site at aloha-city.com for more information. He publishes a free newsletter to share his experience and business know-how. Subscribe Now! basics@aloha-city.com
:To contact see details below.
patrick@aloha-city.com
http://www.aloha-city.com
Earn $20,000 a month - GUARANTEED! Easy Money! Get Rich Quick! Unlimited Income Potential! Many online multi-level marketing setups are touting these empty promises to entice members to join their programs. They focus on selling points that prey on two human weaknesses - greed and curiosity. Get full report here! - MLM. Is it a racket or a get-rich-quick scheme?
But not all multi-level marketing programs are scams. Some are legitimate businesses selling tangible products and providing value-added services. Most of them limit their marketing networks to two levels and require you to put in considerable time and effort to succeed. But your effort will not be lost - most of them offer an opportunity to earn residual incomes from the same customers whom you refer to your principal for as long as they remain as customers.
How do we identify a good affiliate program? Through various trials and tribulations, I have identified the following telltale signs that make affiliate marketing a worthwhile endeavor for your time, effort and advertising dollars.
No fees! It is free to join.
Most get-rich-quick scams will fail this test. They usually require a small one-time investment of say $5 and work by transferring money from the majorities to the minorities. The old saying of early bird catches the worms applies here. Those who join the program early will make money from those who join at a later stage. In a finite population, if someone makes $5,000 from this program, 1000 people stand to lose $5 each.
Legitimate businesses usually do not require a joining fee, although there are exceptions. Unlike MLM programs, they make most of their money from selling tangible products or providing value-added services.
Pass a simple trade test.
Before you take the plunge, you might want to run a simple trade test to ensure that the product or service can sell. Is the product or service of good quality, useful and priced reasonably within the reach of the majority?
Does the supplier have a good reputation in conducting his business professionally? You may ask some of your friends, business associates and other parties that you will be doing business with for their opinions. If necessary, you should visit the suppliers premises to have a first-hand feeling of what you are getting into.
Opportunity to earn residual incomes.
Most affiliate programs are structured in such a way to benefit the merchants more than the affiliates. An affiliate will only earn commissions on sales transacted by people who follow his link to the merchants site. He will not earn any commissions if the same person goes to the merchants site directly on subsequent purchases. This is unfair to the affiliates who may have spent considerable time and money to drive visitors to the merchants site.
To safeguard your interest, you should look at programs that offer an opportunity to earn residual incomes from the same customers. In other words, you will earn commissions on the monthly subscription fees for as long as the person you referred remains a customer with the merchant.
High sales commission.
It is not worth your effort if you are paid only a few percentage points or a few dollars in sales commissions for every sale concluded. There are many good programs out there that paid as much as 50% commissions or over a hundred dollars for every private membership sold.
Two-tier or multi-tier commissions.
The multiplier effect from multi-tier commissions can be tremendous. Assuming that you participate in a four-tier commission structure and each member closes one sale and recruits 5 members, your total monthly commissions will be $1,025, a 20 fold increase from your own selling effort.
Illustration:
Your own earnings = $50
Level one (5 referrals) = $20 x 5 = $100
Level two (25 referrals) = $10 x 25 = $250
Level three (125 referrals) = $5 x 125 = $625
Ongoing training and marketing support.
A good affiliate program should also provide adequate resources and ongoing support to help affiliates succeed in Internet marketing. It shows the merchants commitment to making affiliate marketing works for everyone. After all, the affiliates successes will very much affect the profitability of the merchants online business.
We have tested and supported various affiliate programs that meet the above criteria. Get more information here! Tested and proven moneymaking pportunities -
http://www.aloha-city.com/basics/affiliate2.html .
About the author:
Patrick Tan, an entrepreneur and former journalist, offers a complete range of e-commerce solutions and services (editing, writing, translation, content development, web design, etc) to help you build a successful career online. Visit his site at aloha-city.com for more information. He publishes a free newsletter to share his experience and business know-how. Subscribe Now! basics@aloha-city.com
:To contact see details below.
patrick@aloha-city.com
http://www.aloha-city.com
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