Sunday, May 10, 2009

Blogging - Affiliate Programs

Another way you can make money with your website is through affiliate programs. Affiliate programs are simple. You place ads/banners on your site to specific websites that you have an affiliate/referral account with. Here is an example of an affiliate banner ad:



The way it works is as follows. In this particular case, I have set up an affiliate account with Muay Thai Stuff.com by visiting their website and enrolling in the program. Typically the website will reserve the right to approve or deny you for an affiliate account, but in most cases they approve you. After that, you list your banner or ad links in your posts, or on varies places on your site or blog. You can also usually attach them in emails, as long as it is not a spam email.

IF people click on those ads, and then end up purchasing something during that visit, you will receive a percentage of that sale (typically 10%). In some cases you can earn higher percentages based on your overall sales for the month or year. This can add up to be a lot of money if you have a popular site and people are purchasing items directly from the click through.

A lot depends on the average price point of the items on the affiliate site as well. If the website has an average price point of $200, then 10% of that is $20, which is a nice amount for a one time purchase. A website like Rosetta Stone, which sells language learning CDs, has a high price point. However, if you are an affiliate for a website that sells widgets for $10 a piece, then 10% of that is only $1. It will take you a long time to make solid money through that site.

Now, you may be asking yourself, how you can find out which websites have affiliate programs? Well, I want to tell you about a site called Commission Junction. The link is here: Commission Junction. Commission Junction is a website were all the seperate affiliate program sites list there affiliate programs. In addition to the website address, they will also list certain specifics about the site, such as what they sell, what percentage you receive, and what the average price point is.

Here is an example of an affiliate link that I got through Commission Junction:



Signing up for the program is a little complicated, and the website can be somewhat confusing, but it's a great resource to find affiliate programs that will fit in perfectly with the concept of your website. By the way, that is an important point that I haven't mentioned yet. Keep your affiliates specific to the topic of your website, that way your traffic will be more likely to visit the sites. If you have a website about Flowers, it is unlikely that someone that visits your site will visit a website about Cars & Trucks. So keep that in mind.

I hope that information helps. Good luck in your blogging efforts.

No comments:

Post a Comment