Affiliate or Referral Marketing is one of the
hottest trends on the Web as it allows webmasters to create an extra income
by simply sending visitors to vendor's website - when the visitor buys - the
webmaster earns commission. They don't have to worry about product shipping,
customer service, credit card processing, refunds, etc. In return the vendor
is able to reach much wider market and share the advertising cost.
Here are some criteria you can judge different affiliate programs by:
Product Quality
It is very important to associate your business with high quality products.
Check how long the business has been operating, check testimonials,
guarantee and privacy policy.
Avoid companies with shady past, poor guarantee, lack of clear contact
information and low quality products - that could lead to many refunds,
non-payment, etc.
Program Quality
You need support! Choose programs that provides support, tools,
marketing information and advice. Affiliate program is a revenue sharing
partnership, and getting assistance from the people who know the product and
it's customer base is the best way for all to make the most money possible.
Long Term Commitment
If a visitor referred to a program by your links does not make a purchase
immediately, how long do you remain the referrer of record? With some
affiliate programs, this may end as soon as the visitor leaves the
destination site. Many internet customers will not not purchase on the first
visit, they may come back two or three times before making a decision, and
without a referral cookie, you will not get the sale commission. Good
programs will provide at least a 60 day cookie. Also look for more than one
way of tracking customers in case the cookie is deleted from customer's
computer.
Commission Structure
The best Affiliate Programs have a two-tier structure. A sub-affiliate
program allows another income source, increasing your bottom line. A sub-affiliate
is someone who joins the affiliate program based on your recommendation.
Every time a sub-affiliate makes a sale, you receive a percentage
of the sale price - PLUS you continue to earn your regular affiliate commissions.
This is especially important for advanced affiliates, owners of large
networks and large mailing lists.
Why should you sign up as a Divining Mind
affiliate?
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the only affiliate program offering dowsing
and energy tools, so you don't have to compete with hundreds of other
affiliates
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has been online since 1998 and has a wide base
of satisfied customers - you don't have to worry that nobody knows about our
products or that we disappear from the market
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offers 100% satisfaction guarantee - very
important to keep customers happy
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products are of the highest quality - you can
be assured you don't recommend sub-standard merchandise
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has a refund rate of less than .2 percent
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provides variety of linking options - banners,
text ads, text links
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offers one of the highest commission rates for
tangible products on the Internet
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offers two-tier affiliate structure rewarding
Super Affiliates and Network owners
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full year (365 days) cookie duration, so you
get paid on visitors who purchase even a year later
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average purchase is $66.00, which translates
into $7.92 average commission for tier one
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average conversion is 1.2% - more than 1 sale
from 100 visitors, or 6 sales from 500 visitors on search engine traffic. For in-house mailing list it can be as high as 8-12%
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offers comprehensive visitor tracking, so you
don't loose your commission even if the visitor deletes the cookie on his
computer
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has very low payout threshold, so you don't
have to wait long for your commissions |
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How much will I earn?
That is a question that I can't answer as I
don't know your marketing skills, your website traffic and quality, market
reach, the size of your mailing list, etc. I won't insult your intelligence by
telling you that you will make thousands per month without any work.
Using the
average sale, which is about $66.00, you can see that by sending us one
customer per day you could make about $250 per month, or $3,000 per year.
Those figures are based on average 1.2%
conversion from traffic that comes through search engines; conversion rates
for in-house mailing list are usually between 8%-12% and that means that if
you have a responsive mailing list and recommend our products - you will see
a tremendous increase in your profits.
Divining
Mind Affiliate Program Details at a Glance |
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Commission Type |
Pay-Per-Sale: 12% of all sales. |
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Commission Structure |
Two tier - the second tier: 5% |
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Payout Threshold
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$25.00 USD - Minimum balance required for payout. |
| Payout
Duration |
Payments are
made on the 1st of each month, for the previous month by cheque payable in US
Dollars. |
| Cookie
Duration |
365 days! |
| Visitor
Tracking |
Cookies, IP logs, IP sessions |
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