Affiliate Marketing is performance-based marketing. What you are essentially doing is rewarding affiliates who are the 3rd parties for visiting or sending visitors through to your site.
Affiliate Marketing is one of the Top Ten Online Marketing Strategies That Bring Real Results
What we love here at B2B Pioneers about Affiliate Marketing is that with this technique you are paying only for results. If you run a print advertisement, for example, there is no guarantee that the clients are going to come your way and that you see Return on Investment (ROI). Affiliate Marketing helps you get more leads cheaper and convert in higher numbers.
3. Websites: www.b2bpioneers.com
www.social-networking-bible.com
Email: info@b2bpioneers.com
The 4 Major Pillars Associated
With Affiliate Marketing
1. Merchant or Retailer or Advertiser.
2. Publisher or Affiliate. This is who is
marketing the services of products of
others.
3. Customer or End-User –the 3rd
party or the consumer of the product
or service.
4. Network & Offers for Affiliates
8. Websites: www.b2bpioneers.com
www.social-networking-bible.com
Email: info@b2bpioneers.com
RISKS OF AFFILIATE MARKETING - CPA’S
The risks with it are quite large
Not recommended CPA for those who are
new to the world of Affiliate Marketing. (For
example, if you are giving $50 CPA it can be
easily manipulated: friends signing up, fake
accounts, refunds, dummy accounts, bogus
credit cards – all these make a flat fee per
account or client not a good choice).
They are too open to fraudulent activity.
9. Websites: www.b2bpioneers.com
www.social-networking-bible.com
Email: info@b2bpioneers.com
RISKS OF AFFILIATE
MARKETING – CONVERSIONS
• If you are not able to deliver goods or
services, people will not do business with
you.
• Affiliate = sending traffic and no
conversions = no revenue. This can be due
to non-targeted traffic, an inability to
convert or fraud.
• Whether you are the merchant or affiliate,
it must be a relationship where both
benefit by remaining honest and open.
10. Websites: www.b2bpioneers.com
www.social-networking-bible.com
Email: info@b2bpioneers.com
RISKS OF AFFILIATE MARKETING
– ALIGNED INTERESTS
Make a good research on your affiliates.
You don’t want to compete with yourself.
You do not want to give your competitors traffic or
revenue.
Make sure you are not competing with indirect
competitors.
We need complimentary partners.
Affiliate Marketing should not be viewed as a short-
term, “get rich” business. You should have long-
term beneficial relations.
Merchant + Affiliate = Partnership.
11. Websites: www.b2bpioneers.com
www.social-networking-bible.com
Email: info@b2bpioneers.com
RISKS OF AFFILIATE MARKETING
– KEEPING THE LIGHTS ON
The next point is cash flaw.
When you are doing business with an
affiliate, you want to make sure you are
not going to kill yourself from a cash
flow prospective.
Cash flow & receiving revenue are
hugely important in Affiliate Marketing.
If you pay out before the money gets in
– you are in serious trouble.