By Austin Lovvorn
One of the most efficient ways for marketers to generate online traffic is through the use of affiliate marketers. Affiliate marketing is meeting the needs of today’s online shoppers while driving sales for online retailers. The affiliate channel attracts consumers who spend more than the average online shopper and are profitable for advertisers. Affiliate marketing also offers help trigger brand reconsideration and often times close the sale for online shoppers. Anytime the affiliate channel is promoted, it has a positive effect on the advertisers brand reputation and loyalty.
So how can an affiliate network improve your ROI? First off, make sure your commission structure is aligned with the current growth of the objectives with your business. Since commission rates tend to be one of the major components, it’s important to monitor which product categories are most profitable. Also, it is extremely important to set goals and objectives in order to grow in that particular area of the business.
You should always use a trusted affiliate network as the platform to launch and build your affiliate program. Using a reputable affiliate network is the best way to ensure the publishers are paid accurate commissions for the advertisers they work with. It is also very important to have affiliated tracking software that can handle monthly payments and reporting/question requests. Your affiliate site should also have an affiliate portal where tools are available to the advertisers to view different aspects of their campaigns in real time.