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Taking Advantage Of The Best Affiliate Networks
from: Deb St. George - MastermindMarketingTeam.com Hitching your wagon to a star is a time-tested way of getting far. Advertisers need to hook on to robust affiliate networks and further their cause through illustrious affiliates. Win-win-for-all affiliate networks are the order of the day for merchants seeking world wide audience for their products, especially of the software variety.
Most networks follow a revenue-share model with the advertiser. If he sells via the network affiliate, he pays the affiliate as well as the network a commission. Commissions to the network may be 20% or even 30% in some cases. Affiliates lend their technology, reporting tools and creatives (banners, spot, links) and charge per click, per lead or per sale. Rather a costly affair, if you are a merchant. You pay even if there is no sale.
What, then, is the best affiliate network for you? Obviously an affiliate network with low operational costs and the willingness to go the extra mile. Fortunately, affiliate networks around the world are sprucing up their act. For starters, there is no set up fee, for advertisers and for publishers and there is free real time service and support and quick turnaround for advertisers. Then there are networks that charge no commission. They are simply an interface. They generate their income from pop-ups on the publisher’s screen, at no extra cost to the publisher. To make things easy for registered members, there is a control panel reporting service where you keep track of your orders and payments.
Networks also do other nice things for members like placing 120-day cookies in the visitor’s browser. If he places an order during this period, the advertisers account is credited. Affiliate networks are also increasingly taking on accounting services and affiliate payouts on behalf of merchants. In fact, they have organized support cells to deal with customer queries. Also, the convenient prepaid MasterCard’s offered by some networks have wide acceptance. In addition, check if the local affiliate network propels you easily into a global network. Do read through the FAQs on the network website to get the details of how they work.
Networks have a list of affiliate programs and publishers and advertisers are free to strike a deal with the other. Typically, the best networks are the CPA variety – Cost Per Action. As an advertiser you would pay the publisher only if your banner on his website sent the visitor to your website to make a purchase. You also get the benefit of the publisher’s affiliate network. CPM and CPC networks, where you pay the publisher for every lead generated (form filled) or every mouse click, respectively, are more publisher-centric than advertiser-centric. The flip side is that there are heftier commissions to pay on the CPA networks, though you gain on volume.
All it takes is a thorough research to zero-in on a program that works best for your site.
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