Getting Good Commission Rates on Affiliate Programs
Business → Marketing & Advertising
- Author Bruce Dillon
- Published October 10, 2010
- Word count 520
Getting Good Commission Rates on Affiliate Programs
Why you Need to Choose Affiliate Programs with Only the Highest Commission Rates
When joining an affiliate program, what is your main goal? Is it to spend hours working only to just wait on a paycheck? Probably not. More likely your goal is to earn some money fast. That is every affiliate's goal. Nobody wants to work and work and work without being paid. That is insane! Unfortunately, that is the reality with many affiliate programs.
Most people just jump into the first affiliate program they find. They never check out the commission or even the payout terms. This is a huge mistake. When choosing an affiliate program you have to read the terms and you have to be picky, only choosing the ones with high commission payouts.
Make More, Doing Less
One thing you have to look for if you want to make good money in an affiliate program is high commission rates. You do not want to mess around with a program that is only giving you a 10% commission. It will take forever to see a payout.
Your goal should be the highest commission payouts you can get. You want to look at a variety of programs before you finally commit to one or more. Just be sure that you are really getting what you deserve. A small percentage of commission just won't cut it if you are really interested in making money.
What High Commission Means to You
Besides just making more money faster, high commission payouts will benefit you in other ways. A higher commission rate means you need fewer sales to meet your goals. If you have set a goal for $100 and you are selling a product for $20 at a 10% commission then it will take 50 sales to reach your goal. Let's say you are selling that same product for the same price and trying to reach the same goal, but your commission rate is 50%. It will only take 10 sales to reach your goal. Which scenario do you like better? I bet it is the second one. Who wants to have to do 5 times the work for the same pay? Nobody does. That is why high commission payouts are so important.
Another reason to seek out higher commission rates is that most affiliate programs have a payout limit. This means that until you earn a certain amount of money you do not get paid. Obviously, if you make more money on each sale it will take you less time to reach your payout. You will also put in less work to reach payout. The bottom line is you earn money faster with higher commissions.
Think about what has been said in this article. How do your current programs measure up? Are there better programs out there? If you feel like you are working for a long time before you get paid then it is time to rethink what you are doing. Go out there and find better affiliate programs with high commission payouts so you can start earning more today.
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