One mistake I’ve done as a affiliate marketer is I didn’t give much importance to my visitor source while choosing products to promote. Not only me, a lot of other people do not give much importance to some source of visitors like Stumbleupon.  In one of my blog site where I was promoting products doing review had most of the visitors from Stumbleupon. I used to get more than thousand visitor everyday. And I never made a sale from those visitors. Later when I didn’t quite research and test new products to promote I successfully made good sales from Stumbleupon Visitors which was going useless before.

Lots of people say social networking/bookmarking traffic is useless. They doesn’t sell or whatever. But that is not true at all. What you need to care about is the product you’re promoting. I have been successful in selling through Stumbleupon. The advantage is, it takes very few times and it takes no money. Write a blog post, and submit it to 25 top social bookmarking site. Everybody knows that that brings traffic. And if you’re a power user or if you have bigger network you’re gonna have a lot more traffic. Now, how to sell to those visitors?

Here is a mistake what I did before. I tried to sell expensive products. Generally stumbleupon visitors only look for new contents so if its about something expensive stuffs they will just thumb down and go away. And later I choose cheaper products after some brainstorming. And I started to make sales.

The key of making sales here is not only cheaper product. The product should be interesting and kind of new. If you have a product which cost 20$ and the product is like “wow, its cool ” thing, people don’t really mind to spend 20$. For example at first I tried to promote Jewelery  with the help of blog and  stumbleupon. I got a lot of visitors but no one clicked. Because the products I was selling were very expensive. And  jewelery are not things which people buy for fun. They need to be serious on buying such expensive things. But if I’m promoting a software for watching TV online, then they are more likely to buy it.

In affiliate business you need to take care of two things while choosing merchants to promote. First one is how hot the product is in market. And another how much competition are there in the product. Definitely those which have more competitions are quite hard to work with but once you get an idea they are way more profitable that those with less competition. Payday loan or cash advance is one of such highly competitive but very profitable niche. Payday loan is the easiest and fastest way to get small loans. That’s why its hot among the customers. Payday Loan is simply a small loan which is given online for short term. It is easiest because the process is all online. You don’t need to have anything to get a loan. You don’t even need to submit any documents or certificates for it. You apply for loan and you’ll get instant reply with approval. The approval process is generally very quick and when a lender approves the application they will deposit it electronically to the borrowers account. Because of its easy process a lot of people take Payday loans. Hence, a lot of affiliates promote pay day loan.

Recently while I was looking for new merchants to promote I came across Payday One. Payday One is a state licensed pay day loan provider in United State. They are providing pay day loan since 6 years and are a subsidiary of ThinkCash, Inc which is a company that provides short-term and longer-tern loans online to pay bills, avoid bounce checks and for expenses. They have a payday loan affiliate program which pays pretty good. Why I’m considering this company is because they are quite a big company and are in business since long time, so I can trust them so the customer do. Borrowers do not need to fax anything. The website is fully functional, they can do a to z process from the website. Thats why its easy to sell.

They are paying 25$ for each new lead. The amount of commission is another reason why you should promote Payday One. You’ll not be paid for the previous or existing leads however. If you send someone to their site and complete the process and their application is approved, you’ll earn 25$. They pay via checks monthly on accounts earning a minimum of $100.00 commission. They have 60 day cookie life so that you’ll be rewarded for the purchase with in 2 months from the visitors you sent. They provide text links and banners for promotion. Kolimbo provides centralized and real time reporting for Payday One affiliates.

Like it? Click here to create an affiliate account with Payday One and start earning.

In a post sometimes ago, I’ve written that choosing a right affiliate network is a big challenge when starting a affiliate marketing. Today I am going to tell you about an affiliate network which is good for almost all affiliate marketing starters.

Myhelphub is a affiliate network which I recently discovered and fall in love with. They have few products to sell but the products are really very good so you have higher chances to make a sell. I found it some days ago and already using it. In fact I’ve already make couple of sales in few days which pays better than the products I was selling via CJ. Here is why I like them and suggest you to use them if you’re into affiliate business.

1. The products: They have products which are not available easily. And at the same time, the products are very very useful in daily life so you have higher chance to make a sale. You don’t need any specific group of visitor to target.

2. Easy Payment Method: They pay via PayPal. And there is no easier way for payment than PayPal. They pay you after 35 days of the sale.

3. Amount of Commission: They are paying 50% commission on each sales which is not available in any other ordinary affiliate networks. You can rarely find affiliate network with such huge percentage of commission.

4. Its Easy to Use: Sign up for affiliate account and just start. It doesn’t need any complex procedures. You can be from anywhere unlike CJ or Clickbank.

5. Automatic two tier commission: When you refer a new affiliate you will be earning 5% of what your the new affiliate make.

This is an example of what a good affiliate network actually should be. Click here to sign up with Myhelphub and get started.

Being in the affiliate marketing business is not that hard now with the internet at your disposable. It is much easier now compared to the days when people have to make use of the telephones and other mediums of information just to get the latest updates on the way their program is coming along.

So with technology at hand, and assuming that the affiliate is working from home, a day in his or her life would sound something like this…
read more from "One day in Affiliate Marketing business"

Ask questions first before you join an affiliate program. Do a little research about the choices of program that you intend to join into. Get some answers because they will be the deciding point of what you will be achieving later on.

Will it cost you anything to join? Most affiliate programs being offered today are absolutely free of charge. So why settle for those that charge you some dollars before joining.

When do they issue the commission checks? Every program is different. Some issue their checks once a month, every quarter, etc. Select the one that is suited to your payment time choice. Many affiliate programs are setting a minimum earned commission amount that an affiliate must meet or exceed in order for their checks to be issued.

What is the hit per sale ratio? This is the average number of hits to a banner or text link it takes to generate a sale based on all affiliate statistics. This factor is extremely important because this will tell you how much traffic you must generate before you can earn a commission from the sale.

How are referrals from an affiliate’s site tracked and for how long do they remain in the system? You need to be confident on the program enough to track those people you refer from your site. This is the only way that you can credit for a sale. The period of time that those people stay in the system is also important. This is because some visitors do not buy initially but may want to return later to make the purchase. Know if you will still get credit for the sale if it is done some months from a certain day.

What are the kinds of affiliate stats available? Your choice of affiliate program should be capable of offering detailed stats. They should be available online anytime you decide to check them out. Constantly checking your individual stats is important to know how many impressions, hits and sales are already generated from your site. Impressions are the number of times the banner or text link was viewed by a visitor of your site. A hit is the one clicking on the banner or text links.

Does the affiliate program also pay for the hits and impressions besides the commissions on sales? It is important that impressions and hits are also paid, as this will add to the earnings you get from the sales commission. This is especially important if the program you are in offers low sales to be able to hit ratio.

Who is the online retailer? Find out whom you are doing business with to know if it is really a solid company. Know the products they are selling and the average amount they are achieving. The more you know about the retailer offering you the affiliate program, the easier it will be for you to know if that program is really for you and your site.

Is the affiliate a one tier or two tier program? A single tier program pays you only for the business you yourself have generated. A two tier program pays you for the business, plus it also pays you a commission on the on the sales generated by any affiliate you sponsor in your program. Some two-tier programs are even paying small fees on each new affiliate you sponsor. More like a recruitment fee.

Lastly, what is the amount of commission paid? 5% - 20% is the commission paid by most programs. .01% - .05% is the amount paid for each hit. If you find a program that also pays for impressions, the amount paid is not much at all. As you can see from the figures, you will now understand why the average sales amount and hit to sale ratio is important.

These are just some of the questions that needed answering first before you enter into an affiliate program. You should be familiar with the many important aspects that your chosen program should have before incorporating them into your website. Try to ask your affiliate program choices these questions. These can help you select the right program for you site from among the many available.