"How much money will I make?" That is always the burning
question. Well, the sky is virtually the limit, but
let’s start by making sure that you get the best
commission possible.
When you look at affiliate programs, this should be one
of the first things you look at – the commission per
sale. Again, this may be portrayed as a percentage, or
as a dollar figure. If the commission is presented as a
dollar figure, it is important to locate the sale price
of the product, and figure the commission percentage.
Typically, you want to go with affiliate programs that
offer a 50% commission. If the product is high priced,
you may consider going as low as a 20% or 30%
commission. But for lower priced products, don’t accept
anything less than 50% on the 1st tier.
You should also consider how many sales it will take to
earn the income that you desire or require. $100.00 per
sale may sound like a lot, but if you require $4000.00 a
month to live, you will have to make forty sales each
month. This is very realistic for some products, in some
markets, and not realistic at all for other products in
other markets. Consider what you are selling, and whom
you are selling it to, and determine whether the number
of sales needed to make the money you require is indeed
realistic.
If the number of sales required is not realistic, you
will need to either look for something different to
sell, or look for additional products to sell. You could
also start small – with smaller commissions – and work
your way up. This is what many super affiliates do.
Super affiliates often show the product owner/affiliate
manager that they have the ability to make a large
number of sales each and every month, consistently, and
then they negotiate directly with the product owner for
a higher commission. They prove themselves by making
those sales first, and then they are in a position to
negotiate.
When looking at the commission, also consider what it
will cost you to promote the product. You cannot afford
to spend more on promotions than you are making in
commissions – obviously. Know your numbers!
1
.
What
really is affiliate marketing?
2.
Affiliate Marketing: Getting Started
3.
Understand The Terms And Language Of Affiliate
Marketing
4.
Know Where To Find The Best Affiliate Programs
5.
Affiliate Programs: One-Time or Residual?
6.
Get The Best Commission Promoting Affiliate Programs
7.
Promote the Product and The Program