While there are currently tens of millions of blogs worldwide, close to 60 million powered by WordPress alone, many bloggers are not yet monetizing their sites. If you're one of these bloggers, a good place to start is with affiliate marketing: directing readers to a product or service in exchange for a commission on the sale (or other action) when it occurs.
You may be wondering how we connected with this skincare affiliate program in the first place. Well, we use a tool called oDigger (which we built and own) to find new affiliate programs to work with. oDigger is an affiliate offer search engine and a simple search for “skincare” returns all the skincare related affiliate offers along with a link to sign up to each affiliate program.
But to go back and answer your question as far as typical ROI, I would just say roughly if a business implements a referral program, you've got to keep in mind that typically you're not paying these affiliates any upfront fee. You just paying a percentage commission for a referred transaction, whether it's a dollar amount, whether it's a percentage of their order total.
— The most widespread risk our partners might face is spending $1000 on advertising, and having generated 100 leads, and only 20 of them having the approved orders. So they are left with minus $200. The main metric for them is the approval rate. This can also happen due to different reasons. For example, due to the ad campaign being launched at the nighttime. We are already optimizing all the processes. Our partners get paid beforehand and if the buy-out is low, that’s we who take all the risks.
You might think that super affiliates would not want to help each other, but this is not the case. In fact, super affiliates become super affiliates because they help each other. Jim and Sue will sell Bob’s e-book. Next month Bob and Jim will promote Sue’s software tool. The month after that Bob and Sue will peddle memberships in Jim’s online community. Go through the archives of different super affiliates’ blogs and sign-up for their email newsletters. Watch for who they sell for. Then, follow those people. Soon you will uncover the pattern of cooperation for yourself. Notice too that super affiliate clans tend to share an industry or niche. This ensures that no matter whose product or service they are selling, they will always be selling something that can interest their audience.