What
is an Affiliate Program?
Affiliate programs are a form of online marketing that provides
substantially lower up front costs for advertising. Affiliates
place special referral links on their site, driving traffic
to your site, all of which is tracked via the link. These
systems are flexible and inexpensive to implement.
The potential of affiliate marketing has recently been unleashed
upon the web, growing in popularity due to the guarantee of
only having to pay for successful advertising. Instead of
simply paying to get your name out there, you only pay when
you yourself have profited. Affiliate programs are springing
up everywhere, and have become the linchpin of online marketing.
It is common to find large sites with countless referrals
going on, with Amazon and a few others on the highest end.
This allows the site to offer their products across a number
of established markets, and benefits both the referrer, who
is paid for traffic that may not have been making them much
on a per capita basis, and the site running the affiliate
program, which benefits from new customers.
It is not uncommon to find sites that take advantage of this,
focusing almost entirely on marketing for their affiliates.
They are talented at brining high value traffic to their site,
and because of this are rewarded when their visitors spend
their dollars on affiliate products. There is a great deal
of money to be made on the web, it’s just a matter of
finding the right partners and products.
Omnistar Affiliate provides you with the best Affiliate Manager
money can buy, all for the reasonable price of $167.00. For
this you get an application that can handle every aspect of
your affiliate marketing. It automatically allows new affiliates
in, tracks referrals, keeps detailed invoices of commission,
and notifies you when to pay your affiliates.
Best of all, you have the flexibility of options, allowing
you to choose the way you pay, the rate you pay, and when
you pay. This means you’ll be able to use affiliate
exactly as YOU need it, after all, isn’t that what is
most important?
Because the software does the math itself, you don’t
have to worry about calculating who you owe what. Our software
is extremely reliable, because nothing is left up to chance,
the linked page the customer goes to tracks their referrer,
and then adds a commission to their account only if the customer
completes the purchase process and checks out.
But how does one use the different types of campaigns?
Types of Campaigns
There are 3 basic types of affiliate programs, Per Click,
Per Sale, and Per Lead. These and a few others are explained
below:
CPM (cost per thousand impressions)
CPM pays your affiliate simply for putting your banner on
a high traffic page. The affiliate is paid a specific amount
every one thousand impressions they direct to the link. This
means the referrer is being paid for driving a volume of traffic
to your site, not necessarily for sales. These programs are
a good way to get your foot in the door with referrers, but
are a less reliable source of income.
Per Click
Per Click advertising is well known due to its use by Google
AdWords. Essentially you pay your affiliate a commission for
each unique visitor that clicks on the link. This is similar
to paying based on impressions, and generally the payment
rate is relatively low. These programs work well when used
with affiliates known to bring a high quality of traffic.
Per Sale
Per Sale is a simple commission payment system, you pay
the affiliate for every sale they direct to you. Usually you
pay a fixed percentage or amount for each sale, ranging from
5% to as high as 50%, depending on the value of the product,
its profit margin, and your relationship with your affiliate.
This method has the lowest up-front cost.
Per Lead
Per Lead commission differs slightly from Per Sale. In this
case, you pay your affiliate for each customer who provides
you with their email address and other vital information.
While less profitable up front than sales, these leads are
interested in your products and may lead to sales in the future.
Per leads work best when they forward the user to a form where
they enter their info. The payment is per visitor who submits
their info, so the value is determined by the individual affiliate
manager.
Recurring Support
If your product involves repeat billing, such as a monthly
fee or an annual subscription, you want to offer recurring
support, which pays the affiliate every time a user pays you.
This is commonly used for hosting plans or domain names. The
commission for these payments is generally a flat percentage.
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