Featured post

5 Ways eCommerce Merchants Can Increase Authorization Success Rates

To make more sales, it is imperative for eCommerce merchants to improve authorization success rates and reduce transaction declines. The eas...

Thursday, December 12, 2019

How Affiliate Marketing Helps to Boost Conversation Rates

Affiliate marketer counting currency notes.
By exploring some delicate ways to fuse some tried-and-tested sales strategies alongside some proven modern marketing methods, affiliate marketing can indeed help companies grow conversion rates exponentially. It is all about online promotional efforts effectively using affiliates to push your brand online. These affiliates are made up largely of bloggers, social media influencers and publishers whose main marketing function is to promote products/services for a merchant in exchange for a commission paid them by the merchant. Traditionally in affiliate marketing, affiliates get paid based on specific actions completed by consumers such as link clicks or subscriptions. That is why affiliates promote vigorously to get more of such direct actions from their promotional efforts. The more direct actions they generate, the more the commissions they earn. Conversion rates get boosted by way of boosted direct actions from the promotional efforts of affiliates. That is how affiliate referral programs using well-known promotional tactics with increased vigor gets to have a direct boost on conversion rates. 

In affiliate marketing, one of the biggest reasons why revenue grows for merchants is because of a spike in conversion rates. If affiliates increase their promotional efforts to get enhanced commissions, their efforts help to boost conversion rates as well for the business of the brand they are promoting. This works well when affiliate’s posts help to turn blog readers to customers thereby helping to boost the affiliate’s business as well as the business of the merchant. Direct actions from affiliates resulting in attracting readers to theirs websites do result in making such readers to make a purchase, sign up for a mailing list or perform some other desired action. These sequential actions inevitably count towards a boost in conversion rates for the business of merchants. That is if the affiliate marketing works well and desirably. Do you know how affiliate marketing works well to get expected results? What it does is to simply help to connect your product/service with its intended consumers through a channel they trust. Such trusted channels are usually bloggers, publishers and influencers with large following built largely on trust. The more of these followers/readers they manage to lure to a brand, the more commissions they earn and in turn the more they help boost conversion rates for the business whose brand they are promoting.



 

Tuesday, December 03, 2019

Smart Ways to Identify Valuable Affiliates

Man working in affiliate marketing work station with working tools, a computer, pens and pencils and potted plants on the work table.
If you’re an affiliate marketing newbie, it may at the beginning seem to you as if choosing an affiliate partnership is no big deal. Ordinarily it is, but with the preponderance of effective affiliate marketing software and tools on the internet, it really isn’t a big deal. No doubt every merchant needs to be concerned about who they choose to represent or market their brand since most consumers see affiliates as real extensions of brands. In addition to that, carefully choosing the right partners can save merchants valuable time, stress and expended efforts in dealing with evasive, unserious and at times very difficult persons as affiliate partners. It is for these reasons many expert marketers believe that it is well worth the while to spare some extra time and efforts to source for and find the right affiliate partners.


 

Because of the intricate relationship between Merchants, Affiliates and Consumers, the partnership arrangement is as good as the weakest affiliate. Every merchant thus needs a good affiliate who is already doing very well as an influencer on the internet. Such affiliates must be persons who’ve already built up a body of engaged fans and followers and have worked hard to gain and maintain their trust over some time. These are the types of affiliates you can really benefit from if you’re picky about whom you choose. In a well-chosen affiliate partnership arrangement, it is the affiliate’s job to personally refer a merchant’s business to his/her followers. The reason adequate care must be taken to make sure he/she is the right partner for the job. It is the duty of the merchant to ensure that the affiliates he/she settles for have the right capacity to bring real value on board the partnership since it is the affiliates who must act as true representatives of the brand. As such, they must have the right capacity to promote and educate others about the product/service they are marketing.

Here are some tips which can assist you to determine which affiliates are really capable of adding value to your business.

Dutifully Track Affiliate Performance

 
The only credible way to truly measure affiliate performance value is by way of in-depth analytics using available tools online. It is easier to make decisions on whom to work with when you have the correct performance data at your disposal. That is irrespective of whether the affiliate is a new, up-and-coming affiliate or he/she already has considerable experience in affiliate marketing. The data you get from the analytics helps with the decision to determine which affiliate is bringing in real value to the business.

Evaluate the Quality of their Content 

In influencer marketing, content remains king. It is good content which attracts readers and retains followers. In affiliate marketing, the best affiliates to use are the ones who are steadily churning out high-quality, heavily trafficked content on their website, blog and social media profiles. The key is to always look out for original, well-written affiliate content featuring rich imagery and graphics. That is, the type of content which major search engines such as Google like to rank high. That is what guarantees the much needed traffic every marketer craves for.

Examine their Online Presence 

Expert marketers believe that it is best to partner only with influencers and publishers who have a positive and commanding online presence. That is, online presence which is devoid of controversy or damaging criticisms. You can easily gauge affiliate reputation from the comments and replies to their contents on social media from the general public. Since it is best to work with affiliates who have solid online presence, it helps to look out for affiliates who are actively engaged with their audience by way of quick responses to comments/concerns and the quality of the responses. 



 

Pay Attention to their Ethics Indicators 
 
An affiliate partner is a very important link in affiliate marketing strategy. That is why it is good to make sure you know how much information affiliates willingly reveal about themselves and their business without deliberate embellishments. It pays to research this information as affiliates’ ethics indicators. Such indicators are usually voluntary disclosures on an affiliate’s website or social media posts. The more affiliates reveal about themselves, the better for the indicator judgements. These indicators are good for affiliate partnership because they help build trust between the consumers and the promoters. Affiliate marketing works well through personal referral which relies heavily on trust.  Personal referrals can be grossly ineffective unless there is trust in the relationship.

Actively Search for Good Affiliates

The internet has lots of individuals and enterprise affiliates who are actively looking to partner with merchants. An active and deliberate search on the web can unveil many good and reputable affiliates looking to partner with merchants. Some deep searches can actually reveal highly informative stats indicating how active and successful some affiliates have been with previous campaigns/promotions.

Evaluate Affiliate Communications 

Effective online affiliate communication is indicative of how active such affiliates are. It is possible to know even from the very first couple of e-mails whether or not a person is going to be a good partner for your business or not. A lot depends on how quickly affiliates respond to inquiries and how much sense their responses make. Their response time and meaningful engagement are indicative of how serious they are with their marketing business. Tardy and unintelligent affiliate responses to inquiries are real indicators of poor affiliates.