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But now I want to make more money from affiliates.
Have been pointed all over from clickjunction to clickbank to seo stuff to amazon to you name it.
I want to focus on maybe 1-3 products and concentrate on them. If I to do that, I jolly well have to be sure that they are the best payers.
And here is where I need your help and advice. How do I find those 3 products?
You can look at EPC on Commission Junction. You can compare that to Network Earnings. You can see which gives the highest payout per action/sale. You can focus on free offers (CPA), expensive items, volume, high payouts with lots of competition, low payouts with little competition.
There are a million ways to slice and dice "highest paying" but ultimately unless you experiment, you can't know what is the highest paying for you.
Someone who is a genius at PPC and can get targetted traffic right at the moment they're ready to buy, will make a lot off big ticket items. I, personally, would likely LOSE a lot with that strategy because I don't know squat about PPC.
Start out with a product or service that makes sense for your site's visitors (how does the product relate to your site?). Once you decide on a general widget do some searching on your favorite search engine for "widget affiliate program" to find the major players.
You might want to do up a little spreadsheet to see at a glance all of the major factors for the various affiliate programs in your niche. List things like commission %, minimum payout amount, product price, etc. But also take into consideration the actual conversion rates for the product - something that is only really discovered through testing. Sometimes a lower commission % program will convert better than a higher % commission and you'll make more due to increased sales.
Also look at your site's logs - what is it that people are looking for when they arrive at your site? Are there any relevant affiliate programs out there that might be of interest?
As a final thought, put yourself in your visitor's shoes and ask yourself whether *you* would consider buying the product that is being endorsed on your site - it won't matter how much a program pays out if your audience has zero interest in it.
[edited by: jatar_k at 2:10 pm (utc) on Jan. 26, 2008]
[edit reason] no urls thanks [/edit]
Lots of an inexpensive product with a high conversion rate can do better than a few of an expensive product with a low conversion rate....
But I have found that even with the shorter cookie I do better with Amazon than with other bookstores with longer cookie durations. It converts better with my visitors.
Look into it. Don't reject a merchant just because they don't have long-lasting cookies.
Since you are not an expert, the odds of you figuring out ways to get enough traffic to make decent money on stuff that needs high volume is low. There are plenty of good programs where you can average $50+ per sale. Methinks your odds of figuring out how to make 10 sales a day at $50 are far greater than 1000 sales at $5 unless you have plenty of time and cash on hand (I am using $500 a day arbitrarily but I figure that is what one would consider the start of significant money).
This week I am going to post "what makes a good affiliate program" because it has somehow been lost in the shuffle which is funny because the program itself is actually far more important than all the noise that surrounds the aff marketing world.
Note: To me a blog is just publishing software. If you are writing some sort of journal, you might wanna put up a sales page or two for earning purposes hosted there or elsewhere :)