Time, payout and usability are three important pillars on which the reliability of an affiliate program are based.It is basically an revenue sharing program.The idea being to promote the product of third party often through affiliate program and earning commission if the product of the party undergoes sale.
Affiliate party generally involves normally 3 parties namely;
If you just consider the practicality of the situation then there are only 2 parties; seller and affiliator.
AFFILIATE PROGRAMS ARE NOT AN EASY NUT TO CRACK
Three ladders marketing has made an survey according to which only 0.6% affiliate marketers are consistent since 2013. This means it is not as easy as the picture below depicts.It takes lot of time, effort and money to built up the network.Fostering of relationships is main basis of affiliate marketing.
#BRINGING IN RIGHT PARTNERS
#SEEKING IN MORE EFFICIENT PARTNERSHIPS
# UPDATING YOUR CONTENT REGULARLY.
GIVING CONSIDERATION TO PAYMENT METHOD
The situation becomes unimaginably difficult if you are not being paid because your country does not have that acceptable mode of payment.
This has happened several times and many of the affiliate partnerships have fallen apart.Hence before moving ahead we need to be very cautious about all of these mode of payments.Affiliate managers can really be a great help in difficult situation.
Popular ways of payment in affiliate marketing are:
MINIMUM THRESHOLD LIMIT
This is the most discouraging factor for the affiliate partnerships as the paying out starts after the minimum level is crossed.The common threshold limit in most of the programs across various countries is $50. If you do not cross this minimum limit then you are not paid and this seems to be the most challenging factor.
Always check the minimum threshold payout and do not get demotivated later on.
Always remember that the returns follow the threshold limit.
Wait and watch and cross are the three connecting situations in the above criteria.
It is very important to always strike a perfect balance between information that is useful and information intended to serve as sales pitch.The focus should be to continue with the content that is useful so that one can establish reciprocity with online readers.Such a fine balance may propel them to keep visiting and finally purchase a certain range of products.
With the balanced information it is necessary to have balanced promotional material.This also help in strengthening of understanding of the target audience and eventually hitting the bulls eye.In particular the online user taste and preferences could be crystal clear based on queries or orders received.
REPUTATION OF PRODUCT AND THE COMPANY
This is avery important consideration before accepting the affiliate partnership.Lots of people have been cheated because of non reliable affiliate network and this has let to high level of demotivation among fellow beings.
The list topping in this is Amazon associates and there are others to follow the suit. Some of the reliable affiliate partnerships are
# V COMMISSION
# ALIBABA AFFILIATE
# ITUNES AFFILIATES
#EBAY PARTNER NETWORK
These are some of the reliable companies and some serious considerations can be given to them for affiliate partnerships.
There are so many important consideration for affiliate partnerships but the one considered above are one of the most important ones. For an good and long lasting affiliate relationship follow them and just delve in growing the profitability for both the parties.