Choosing The Right Sponsor For Your Site

Date: 2011.02.21 | Category: Sponsors | Tags:

Affiliate programs (also frequently called referral or associate programs) have grown today to become one of the most popular ways for you to earn an income from your web site’s traffic. Most affiliate programs are designed to allow you to simply set up and begin earning commissions on visitors and sales you refer. However, the quality of the programs, and the results you will see, very greatly from program to program, making it important to choose wisely which are best for you and your site. It is the purpose of this article to help sort through many of the programs, and offer assistance in determining what to look for.

My personal experience with affiliate programs goes back over a year and a half, pretty long in Internet terms. Over this period, I researched many of the affiliate programs available on the Internet and, tried to best determine what works best. From my experiences, here are several of the top factors you should take into consideration:

1- Stability of the company and program

What I found to be the one of highest priorities for most webmasters is the stability of the affiliate program, and the company. This should be one of your top considerations when evaluating programs. Is the company stable and financially sound? Do they offer assistance with promoting the opportunity? And, do they pay in a timely fashion? Often, webmasters have been lured in by offers of high commissions, only to find out they will never see a paycheck, despite referring hundreds, or even hundreds of thousands, of visitors.

2- Synergies with your site

I am a big proponent of this. All too often, I see sites sign up for every affiliate program they can, figuring if they make a few bucks on each, that they will be profitable. For a select few, this may very well work. However, for most sites it will not, and many cases you will turn off your audience because of the ‘over-commercialization’ of your site. As you are considering the various affiliate programs available, be sure to consider what exactly your audience, your visitors, might be interested in clicking on, and eventually buying.

For example, if your site caters to a general audience, then perhaps general affiliate programs such as Adult Revenue Service, will be effective. Or perhaps Evidence Eliminator, which allows you to sell privacy / security software. If your site only caters to a specific niche, programs such as Adult Revenue Service should be excellent money-makers as they have a wide and varied selection of adult sites which you may promote. The key is to not just think of the affiliate program as a way for you to make some easy money, but rather an extension of your web site, a service you offer your visitors to help them find the products or services they are interested in, at good prices, and with a company they can trust.

3- Commission Tracking

An important aspect to consider is whether or not the affiliate program offers some way for you to track your sales, and even the number of visitors you refer. There are several ways this can be accomplished, such as real-time, online reports showing you sales and your commissions. Or perhaps sales can be tracked through a simple email each time you receive a new customer. This can be very important for allowing you to test and evaluate the effectiveness of the program, make comparisons with other programs or advertising opportunities, and give you piece of mind that you are receiving what is fairly do.

4- Opportunity for Repeat Sales

As any business person knows, a business can not generally survive on one-time purchases. Instead you have to find ways to not only attract new customers, but also keep the ones you have. This is also very true with affiliate programs. One of the largest complaints many webmasters have had with sponsors is that they refer a customer once, see their $35 commission, but in the process the customer bookmarked the Sponsors tour page. The next time the surfer is interested in buying a membership, they return to the sponsors site through the bookmark, and the webmaster never sees another penny.

Several programs have tried to alleviate this. Programs such as Adult Revenue Service avoid this problem by offering services (Daily Updated Pictures, Email Newsletter) which customers, once signed up for, use month after month. This allows them to pay residual commissions for as long as the surfer maintains their free membership to the site or, alternately, keeps returning to the page. This helps turn average programs into exceptional opportunities, because you can earn for months, perhaps even years, on referrals you made in your first, and subsequent months.

Other Factors

In summary, it is important to look at all of these main factors and several others, including the commission rates they pay (I didn’t discuss this because they are generally easily comparable), the frequency of payment checks (they generally range from weekly to quarterly), and/or the minimum dollar value you must accumulate before receiving a check (they range from nothing to $50). A couple of other important factors: be VERY wary of any program the requires a payment or ‘membership fee’ for you to join or act as an affiliate. And, be sure to check what method they use to track sales themselves. Programs that require the visitor to remember your name, or your site’s name, and enter it in when ordering, will result in many lost commissions.

Article written by Lee.