How Not To Run An Affiliate Sales Campaign
If you haven’t noticed, there is plenty of money to be made in affiliate sales nowadays. As online retailers become more widespread and better established, affiliate sites provide another way to drive targeted traffic and at the same time make some bucks for themselves. It’s a win-win situation at the end of the day. That said, there are some big problems that affiliates face, and they usually pop up time after time. Below are details of 3 killer mistakes that many affiliates make, and you can avoid.
Thinking too niche. What most affiliate marketers forget is that even if a market is big enough to support an online retailer or two, that doesn’t necessarily mean it’s big enough to support affiliates. This site advertising snowboards for example may be able to survive, but seeing as they will only pass on around 10% of the profits to affiliates, it is unlikely that affiliates sites could servive in such a niche. What affiliate sites should do is broaden the horizons and cover, in this case, all ‘extreme sports’ for example, not just snowboarding.
Thinking too big. When products cost a great deal of money, like buying a swimming pool or even luxury cruises for example, sellers take a lot of time over their decisions.It is quite rare for buyers to follow affiliate links for expensive goods or services and then buy them on the same day. They will spend time pondering, weighing the options and doing further research for example. When they actually get to a stage that they are ready to make the purchase, your affiliate referral will have been lost in the ether. Sticking to smaller items including gifts and ebooks for example is far more likely to get results and people are more likely to buy these quickly.
Too uncompetitive. You need to remember that the online publicity arena is very competitive and you will be in the ring with not only other affiliates, but also those merchants who you are affiliates for. The difference being that they are working to get 100% of the profit, whilst you are only working for a proportion of that. What this essentially means then is you need to put in more effort or more ingenuity to keep ahead of the others.
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Filed under: Affiliate Marketing
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