This is one area that is often overlooked as an “out of my hands” part of the affiliate marketing funnel. Once you’ve sent a visitor to the merchant site, all you can do is cross your fingers and hope they ultimately complete whatever action is necessary for you to get your commission. That’s partially true I suppose. But you have more input here than you may realize.
And you don't want them to forget about you. That's the main thing. As I mentioned earlier, everybody is split doing a million things. So you've got to remind them, because maybe they just forgot they're an affiliate. Maybe they're saying, "Okay, that's right, I forgot. I can get on the ball. I've got some friends that could utilize this product or service."
First of all, they do an excellent job any time you, let's say create a profile on their site, you may be, let's say, I'm here in Orlando. I create a profile and I'm looking for some resort locations in the Orlando area. I start looking, and like anything, it's a process. I may not find anything immediately. So I start looking for resorts in Orlando.
Websites and services based on Web 2.0 concepts—blogging and interactive online communities, for example—have impacted the affiliate marketing world as well. These platforms allow improved communication between merchants and affiliates. Web 2.0 platforms have also opened affiliate marketing channels to personal bloggers, writers, and independent website owners. Contextual ads allow publishers with lower levels of web traffic to place affiliate ads on websites.
That's what inspired us to create the first in the world CPA community, namely CPA Partners Hub. This means that it's a certain center responsible for all aspects of interaction, which protects both our partners and customers. This allows us to concentrate completely on the market, so our partners may not worry about their reputation and ROI (return on investments).
When beginning your affiliate marketing career, you’ll want to cultivate an audience that has very specific interests. This allows you to tailor your affiliate campaigns to that niche, increasing the likelihood that you’ll convert. By establishing yourself as an expert in one area instead of promoting a large array of products, you’ll be able to market to the people most likely to buy the product.
Creating a unique tracking ID for an Amazon link is easy. Simply log in to your Amazon affiliate dashboard, click “Account Settings” at the very top on the right, then click “Manage Tracking IDs”. From there you can make a new tracking ID so you can track which web page/campaign sold what. You can learn more about using Amazon’s Tracking IDs here.
Leanne, that was great stuff. I saw some interesting delineators I’d never seen before, like how many subscribers you have making a difference in whether you should start with affiliates, at what level, etc. I appreciate the “ethical” angle you weaved throughout this, too, because affiliate marketing can/does have a bad reputation due to the way it’s been abused in the past. Your article will help educate current and future affiliate marketers, much appreciated!
Significant emphasis must be put on quality partnership building. It may be tempting to let as many partners into your program as possible, however, leads should be evaluated for quality, not volume. You want to avoid running into the issue of letting just anyone into your lead gen campaign and then discover that their efforts aren’t brand-aligned or delivering the types of leads you want. Focusing on volume over quality negatively impacts two things: the experience your affiliates have and the conversion rate of your program.Having a few partners in your lead generation-focused affiliate program who drive high-value traffic at a steady volume is much better than dealing with fraudulent lead issues among partners each month.
2. Product categories with varying margins. If you have many products, your margins on each one will likely vary. Electronics might have a tight margin, while home decor may have more leeway. If you are looking to establish a flat commission structure — i.e., a set revenue-share percentage, no matter what item the affiliate sells — then evaluate what your product mix is. What percentage of your sales are low margin? What percentage are high margin? From here, develop a blended commission rate that will be profitable for both you and your affiliate.
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.