Anyone who has done affiliate marketing at all online knows how important the program is.Now, there are two kinds of affiliate programs: those than teach affiliate marketing, and the programs that you actually market as an affiliate. Believe it or not, many do both! But how do you find the best affiliate marketing program?
Here are a few things to look out for in order to find the best program, and avoid the worst ones.
1.If you learned something from the program, chances are others will too. So, if you find a good affiliate marketing course or program that you learned a lot from, why not promote it? You'll be able to endorse it whole heartedly knowing how much it helped you, and be able to answer any questions that anyone has before they buy. Additionally, programs made to teach affiliate marketing usually have fantastic tools available for their affiliates, so a lot of the hard work is already done for you. I'm always of fan of others doing my work for me, especially when it's free!
2.You want a very high conversion rate, and a very low refund rate. While not all programs will offer this information, you can build your own data pretty quickly after 10-20 sales or so. The conversion rate is nothing more that how many sales you get out of 100 visitors, or how many visitors convert to a sale. 1-2% is considered good for a digital product. The refund rate is how many refunds are issued out of 100 sales, and this is an often ignored but very important piece of data. Anything above 5% can get very annoying very quickly, but as long as you're making money you might as well stay with it.
3.The absolute best affiliate marketing programs often recurring monthly commissions. While most have what is called attrition, monthly commissions are still the way to go. Attrition means that your commission is gradually reduced monthly, to coincide with customers who have opted out of the program. Even with attrition factored in, you are still making very large commissions over the life of one sale, compared to how much you get from a simple one time purchase. So if it all possible, find an affiliate program with monthly billing, so that you get recurring commissions. Then just enjoy the passive income!
If you try to find a program that matches all of this criteria, it should be no problem at all to the the best affiliate program. Promoting these kinds of programs consistently, persistently, and intelligently will virtually guarantee an earl retirement. So jump on the search engines and marketplaces, and start scouring through them all for just the right product. Or, if you don't want to spend all that time, you can simple look at the program available here. This program is fantastic, I personally use it and it matches of the criteria that we looked at. Give it a try!
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Annette Lode
Marketing Advisor
