If you are overwhelmed by the sheer number of advertisers that list their products on affiliate networks, you can simplify the process by looking at what products and services your competitors and other similar websites are promoting. If several other websites are all promoting a specific advertiser and they have been for several months, there’s a good chance they are making good money by promoting that advertiser. To identify which advertising network a particular advertiser is using, simply do a web search for the name of the advertiser followed by the word “affiliate program” and the sign-up link will appear more often than not.
For example, if I talk about how cool a product is, and then you find out that I’m an affiliate for them, wouldn’t you as a conscientious observer become skeptical as to whether my information is biased, if perhaps I’m only saying how cool something is because I can get paid for it? Wouldn’t that make you question my integrity with other things I say as well?
There is serious competition in the affiliate marketing sphere. You’ll want to make sure you stay on top of any new trends to ensure you remain competitive. Additionally, you’ll likely be able to benefit from at least a few of the new marketing techniques that are constantly being created. Be sure you’re keeping up to date on all these new strategies to guarantee that your conversion rates, and therefore revenue, will be as high as possible.
“Cost of goods changes from time to time, product prices drop, etc. One mistake I made was not re-calculating all commissions to determine they were set correctly. After doing some digging, I realized that commissions on a few of our products were way higher than what they should have been. One way to fix this is to re-adjust commissions each year,” she explained.