The earning potential is massive as long as you are willing to put in the hard yards to sharpen your affiliate marketing strategies. While it can be a vexing task to manage your affiliate program along with your regular activities, you need to track its growth and analyze the statistics to keep your income from dwindling. Thankfully, you can do all that and more by leveraging affiliate marketing tracking software platforms. Here are 10 such great tracking platforms:
A more complex system, pay per lead affiliate programs compensates the affiliate based on the conversion of leads. The affiliate must persuade the consumer to visit the merchant’s website and complete the desired action — whether it’s filling out a contact form, signing up for a trial of a product, subscribing to a newsletter, or downloading software or files.
Started in 2011 by Adam Freedman, the site promotes various cool products and gadgets. Similar to TheWireCutter, they promote products across multiple categories and niches. When I first encountered this website I thought of 9gag.com or Reddit.com. Not because of the site itself, but because of the kind of community it attracts and the user experience focus they have.
Understand your demographics. Every affiliate will have their own target demographic. As the affiliate marketer, it's your job to understand your affiliates' demographics, and tailor your advertisements or reviews in such a way that that target demographic will be reached through your platform. Knowing, for example, the target demographic's age, interests, and average income range, will help you tailor your reviews and advertisements to that demographic.
Like the rest of the tools you’ll read about today, Instapage allows you to work with either a premade template best suited for your needs or opt for a blank canvas. On top of that, the editor can automatically match elements to the selected color-scheme, so you don’t have to struggle with the design too much. The price starts at $149/mo for an annual subscription.
Choosing an affiliate network doesn’t usually give details about how much you can make, however, I think with WarriorPlus it’s a little different. Like other affiliate networks, there’s lots of potential to find valuable products that you’re audience may be interested in, however, based on my experience with WarriorPlus, I think you’d have to spend much more time on this step than you would at other networks.
Automated Affiliate Processes. Tipalti allows you to eliminate 80% of the affiliate payment workload through automation. Using this platform, you can provide your affiliates with self-service options where they can collect their payment and check the amount they are owed. It also comes with communications tools and a unified banking interface so that you don’t have to exit the program to get in touch with affiliates regarding payments.
How she makes money – she begins her hosting pitch at 4m48s for Bluehost, but only uses an affiliate link in the video description (no coupon code, no domain search on her website, and no timestamps to help people navigate the video). She could probably increase sales if she did one of these, but Bluehost doesn’t let affiliates create coupon codes so an affiliate link is necessary.
Hi JD, great article! I decided to buy Savage Affiliate I am a beginner and his program has a lot to offer. One question, I work Monday-Thursday 10 hours a day and off on Friday. Since you and others talk about putting the time and work into the program. I have no problems. My question is would it hurt my business if I spent 8 to 10 hours on Friday versus trying to find the time at work during the week. I really worry about this, because I’m also thinking about waking up at 4 am to put some time into my business once I get it up and running.
Easy Payouts. Last but not least, vene dash supports an extensive variety of payout models, allowing you to pay your affiliates through whatever channel they prefer. Some of the methods it can leverage are CPI, CPO, CPA, revenue sharing, and cryptocurrency. Aside from making transactions more convenient, this will also help them expand their reach in terms of affiliates and publishers.
Clickstream Attribution. Consumers can be capricious when making a purchase. It is possible that they check on your link using a single site multiple times but only buy a product once. To help you properly observe a buyer’s behavior, ShareASale provides timestamp data. Through this, you can create rule-based commissions and incentivize affiliates to encourage a specific behavior among your target audience.