In the world of affiliate marketing, there are many ways for you to increase your chances of success, like leveraging on the strength of an affiliate network.
The simplest way to define an affiliate network is to think it as a middleman between advertisers and affiliates. It is usually a third-party site that bridges the gap between advertisers and affiliates, allowing advertisers a wider reach and more channels to advertise their products, and for affiliates to have a wide variety of products they can choose to market.
There are a few associated benefits for both the advertiser and affiliate, but in this article, we focus on the affiliate’s perspective. Here are some known advantages:
Simple and Convenient Payment Process
There is usually a threshold for affiliates to receive payment. Upon reaching a certain amount in sales or commission payable, an affiliate can request for payment. Then the affiliate network handles all payment-related areas. Payment process is simple since a network pays you instead of the direct advertiser. Most networks provide a portal where you can check your sales and tally the payment amount.
You don’t need to worry about non-payment and having to chase after it, because there’s a whole department dedicated to handle payment for affiliates in an affiliate network.
An affiliate network that does almost instantaneous payment is Direct Affiliate.
Rewards Programs and Incentives
Many affiliate networks try to motivate their affiliates to bring in more sales and earn more money so that in turn, they can too. That means attractive bonuses, rewards and incentives for you as an affiliate. Some incentives affiliate networks offered were overseas trips, laptops and even a car!
The More, the Merrier
Signing up with an affiliate network presents you with the opportunity to take part in different affiliate programs at any one time and hence have a few income streams. Whoever said you needed to limit your affiliate program to just one?
Easily Compare the Commissions Across Affiliate Programs
On a network, you don’t need to limit yourself to just one affiliate program or product. At one glance, you can compare not just the pay outs, but the success rates of the different programs. You can proceed to select the one that works best for you for increased sales volume.
Some networks also offer campaigns for different geographical areas and product verticals. It’s like a one-stop shop!
Abundance of Offers
Sourcing for affiliate programs yourself is tiring and troublesome. After contacting each advertiser personally, you need to work out the terms of the offer and then settle the necessary paperwork before you can begin promoting a product.
This process is simplified when you join a network. All you need to do is select a program you want, request or just grab the links and start promoting. The network does the legwork and you focus on selling and making money.