Basics of Affiliate Marketing by Matt
Bacak
Whether you realize it or not, if you've been on the Internet
today, you have encountered affiliate marketing. If you have ever
“clicked thru” one site to order something from another, the first
site probably received a portion of the sale. For instance,
independent booksellers have limited shelf space for books. But they
can offer their customers an almost unlimited inventory of titles by
affiliating with companies like Amazon or Powell's. The more orders,
the bigger the affiliate percentage.
Visitors to your site
are interested in lots of things that may or may not be related to
your product. But when you know your customers well, it's simply a
matter of affiliating yourself with sites that offer what they want.
What you receive is just a small percentage of the sale, but it adds
up, especially when you consider that all it costs you is a link on
your web page. And usually, the more sales your affiliate makes from
your “click thru” traffic, the bigger your percentage will
be.
The key to success in affiliate marketing is being able
to track referred customers. As an affiliate manager, you want a
system that reliably tracks what you want, with minimal effort on
your part, and without affecting the performance of your site or
server. Over the last few years a variety of technologies and
strategies have been developed in an attempt to improve accuracy,
convenience, and flexibility.
There are at least half a
dozen methods, but by far the most preferred method is Cookie
Tracking. It's popular because it makes tracking affiliate-referred
sales so convenient, without negatively impacting your site. This
system writes a small text file, called a “cookie,” to a user's
browser when they click on an affiliate link. When you are the
referring affiliate, the cookie holds your ID, so that at the
merchant's order page, you get credit for referring the sale. One
drawback is that many computer users disable cookies, although most
choose not to, since their favorite sites require them. One bonus is
that the merchant can save the information, so that even if a
customer buys long after clicking through your site, you still get
credit for the sale.
Affiliate marketing, at its best, is a
win-win scenario. It's an easy way to offer your customers more of
what they want, while you benefit, both in terms of building
goodwill and making money.
About the Author
Matt Bacak became "#1 Best Selling Author" in just a few short
hours. Recent Entrepreneur Magazine’s e-Biz radio show host
is turning Authors, Speakers, and Experts into Overnight Success
Stories. Discover The Secrets To Unleash The Powerful Promoter In
You! Sign up for Matt Bacak's Promoting Tips Ezine ($100 value)
just visit his website at http://www.powerfulpromoter.com or http://promotingtips.com
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