How to Choose Money-Making Affiliate Programs
This page may contain links to Amazon.com or other sites from which I may receive commission on purchases you make after clicking on such links. Read my full Disclosure Policy
Affiliate programs can be an effective way to supplement your regular earnings. Because there is time and effort involved in locating and registering for suitable programs as well as creating and promoting your affiliate links, today I’m going to share a few questions to consider which will help you choose programs that are most likely to give you a good return on investment.
Have you personally tried and liked the products or services being offered?
Many affiliate programs provide you with pre-written articles or other text to help you promote their products or services, but you’ll get much better results if you use your own words and describe how you’ve benefited from using them. For starters, your blog readers and clients are more likely to purchase something that you personally recommend. Secondly, search engines are programmed to recognize duplicate content, so if you use the same old promotional material as all the other affiliates, you’re probably not going to come up very high in the search results.
What is the commission rate?
Generally speaking, you can earn more by promoting digital products than tangible goods, because the seller is making a higher profit, which they can pass on to their affiliates.
In addition, vendors who administer their own affiliate program usually offer a higher commission than those who are part of an affiliate network, as there are costs for being involved with such networks.
What is the price?
You can earn more on an item that sells for $100.00, even if the commission rate is only 10%, than on a $10.00 item that pays 50%. On the other hand, since it will probably be easier to sell more of the lower ticket item, either may be a good choice.
What is the minimum payout?
Some affiliate programs pay you every month that you have sales, but others will hold the funds until you’ve earned a minimum amount, which may be as high as $200.00. If you’re not confident that you can generate sufficient sales in a reasonable amount of time, it is probably not worth your while to get involved with that program.
Are there other restrictions?
One of the most popular affiliate networks is Commission Junction, which provides you with access to thousands of vendors, including many organizing product companies. Unfortunately, they deactivate your account if you don’t generate any sales over a six-month period, and you lose whatever commission you had on account. This happened to me on more than one occasion, but after deciding to give it one more shot, and even beefing up my efforts on several sites, I was shut down again, so I’m no longer recommending Commission Junction to my clients.
If you’ve got some tips of your own to share, please leave a comment!