Its 2021, Today Brands and advertisers take affiliate marketing as a full-time trade. If done right, affiliate marketing is a quick money stream, building market credibility and presence also increasing chances of making millions every month. The most important aspect which determines success is the good affiliate network which is connecting brands with affiliate marketers.
Earning commissions by affiliate marketing is a skillset with huge potential. For brands Sales velocity and visitors are plus along with sales. Before handshaking with any affiliate network, either as a brand or marketer; you must ask these questions to review critically and to enter in the right program.
First of all ask what customer support they offer in case you run into a problem. Is it a contact form, an email address, live chat, or a phone call? How much time it takes for them to respond. Just imagine if you are facing a problem in money withdrawal as an affiliate marketer so there must be quick solution to it.
Ask like for how long can you wait before the issue is resolved. There are common problems with broken affiliate links and images which need an immediate response. Best affiliate networks offer premium customer support and are always there for you to resolve any issue you are facing either as an advertisers or brands face.
First of all ask what customer support they offer in case you run into a problem. Is it a contact form, an email address, live chat, or a phone call? How much time it takes for them to respond. Just imagine if you are facing a problem in money withdrawal as an affiliate marketer so there must be quick solution to it.
Ask like for how long can you wait before the issue is resolved. There are common problems with broken affiliate links and images which need an immediate response. Best affiliate networks offer premium customer support and are always there for you to resolve any issue you are facing either as an advertisers or brands face.
Data reporting tools and affiliate dashboard features are crucial elements of efficient affiliate marketing. Transparency to Track conversions, visitors, and refunds assist in efficient affiliate marketing systems planning and implementation.
Let's break down an affiliate marketing customer sale. The workflow starts from a customer link click to purchase confirmation and commission transfer to your affiliate network vault. Generally, 70% of buyer’s browse brands before making a purchase. It means the process gets disrupted before a final purchase happens from your affiliate link.
How are the sales tracked? It's the cookies' efficiency that determines the origin of purchase. What if a customer purchases a week after clicking your affiliate link? Here your sales will not be counted if cookies management is not efficient, so be careful as this factor can reduce the original sales made resulting into low commissions.
The payment an affiliate receives—either a flat rate or percentage—once a successful conversion is tracked.
The main goal of joining an affiliate network is to scale up your business. If an affiliate network doesn't offer quality traffic, then it's not worth your time and money. Always dig and try to find how huge an affiliate network is. In any affiliate network target the number of active affiliate marketers and what of which niche is the most brands there.
Let me demonstrate an example. Jvzoo is an affiliate network which mainly targets digital products. Suppose a brand offering physical products joins it. In this case, there is highly likely chance of wasting time and money resulting into failure—Good News is: most significant affiliate networks provide complete transparency for this critical aspect.
Scrolling down an affiliate network website, you will find out the most famous industry brands that have worked with that affiliate network. It gives an exact idea of network credibility and expected results it can derive. Trustworthy brands build up trust level. Choose to work only with those affiliate networks that are best in the affiliate marketing industry.
Before joining any affiliate network we must do well market research and study reviews of affiliate marketers who are already working with those affiliate networks. Trust Pilot and other web sites give reliable user feedbacks. It will give you an idea of problems you may face with these affiliate networks and what they may result into.
Data and tools are affiliate marketing backbone. That's exactly how affiliate marketing systems are created which makes huge money. If an affiliate network doesn't spend on developing and innovating affiliate tools, it will most likely go down the steep slope.
Great affiliate networks always work hard to develop affiliate tools with best features. They also help affiliate marketers optimize and succeed with these tools.
Each affiliate network charges a fee from brands to join. The top affiliate marketers in the industry achieved all the fame by sticking to only a single affiliate network. So once you have found the right affiliate network, start working on advertising systems to grave quality traffic making good sales. Even as a brand, joining one right affiliate program with targeted niche marketers will full fill your affiliate goals.
An affiliate network can restrict you from joining other networks with an exclusive clause. It can affect your progress and scaling plans. Always check if your affiliate network has this entire clause, and it is worth it.
How will you get paid as an affiliate marketer? Which payment methods will you use for commission withdrawals? It’s the core question to consider.
Typically affiliate networks offer 30 days or, in some cases, 90 days’ period before payments are released. Payments methods like, PayPal and bank transfer are rare, so you must find what works best for you.