What To Consider When Choosing an Affiliate Network?
Affiliate marketing is a lucrative money making method online. It is basically a revenue sharing model in which a merchant agrees to pay a commission for each sale to the affiliate.
Since it is not feasible for every company to handle affiliate programs, networks are used for this purpose. The role of an affiliate network is to manage the campaign and act as a bridge between the affiliate and merchant. They act as a mediator between affiliates and networks.
Affiliates can choose from thousands of products to promote, while a merchant can look for affiliates to advertise their products. Affiliate networks also help take care of usual problems such as inaccurate tracking, late payments, etc.
However, choosing an affiliate network needs some thought, here we discuss the factors to consider that will help accelerate your growth.
Things To Consider When Choosing an Affiliate Network?
A publisher needs to evaluate several factors before deciding to work with an affiliate network.
- Additional charges
The affiliate network may charge additional fee for training, set-up, and providing access to certain tools. There are different ways you could be charged. These charges depend on the network.
- Monitoring Tools
Joining an affiliate network improves the tracking and reporting capabilities of your program. Each network has different reporting tools. So you need to evaluate the tools and tracking features provided by the network.
- Affiliate Base:
If you are a beginner then you would obviously consider joining a network with a large affiliate base. With the large affiliate base, you can easily choose the brands as per your niche.
- Ease of Communication:
Collaboration with a network that offers good support can make a huge difference. You can need support at different stages of the program. Support can be available in different ways such as live chat or email. You can also get a dedicated account manager as well for training and support.
- Payment History
Affiliate marketing is a performance based model and payment plays an important role. Therefore, you should check how the network pays. Some networks have a history of late payment.
You can explore different forums to check if payment issues are regular with a network. Also, the frequency of payouts should be enquired before joining to avoid any issues later.
Why Should I Choose An Affiliate Network?
If you are a beginner in affiliate marketing then it is better to sign up on an affiliate network for support and guidance at every step. An affiliate network also helps you reach out to different merchants.
With the management part handled by the network it becomes easier to concentrate on the traffic and improve the sales.
They also provide access to various tools that help optimize the programs for better results. The affiliate earns a commission for purchase or sign ups. Commissions vary from 3% to 15% and you can easily choose merchants worth promoting. The affiliate ID is embedded in the links to track the clicks and visits to the merchant site.
As more and more customers make purchases affiliate marketing is poised to grow in the future.
Woost has been around for several years and they have a large selection of merchants to choose from. You can choose from thousands for virtual products and physical goods as per your niche.
Affiliate marketing is even more lucrative with the use of affiliate networks. However, you should remember that it still takes patience and determination to succeed. Whether you are a new or seasoned blogger, joining an affiliate network can significantly help generate a genuine income from your site.
Woost is a leading affiliate marketing network offering opportunities to merchants and affiliates. The company is serving hundreds of clients which makes it a large network of individuals aspiring to earn money with affiliate marketing.
Frequently Asked Questions
What should I look for in an affiliate network?
There are many factors to consider before you choosing an affiliate network such as additional charges, affiliate base, commission rates, and support. All these things decide your overall experience and help you achieve better results.
Which is best affiliate network?
Woost is a leading affiliate network with over 10 years of expertise. There are many benefits provided such as a dedicated account manager, smart tracking tools, and round the clock support.
How do I choose the right affiliate product?
Choosing the best affiliate products depends on your niche and target audience. With the affiliate networks you can get access to a large product base to promote as per your niche.
