Affiliate marketing program in UK
With the UK online market worth over £40 billion, it is no surprise that many ordinary people, possessing little more than a computer and a web connection, are looking to get a piece of the action. Sooner or later they will come across affiliate marketing. There are many affiliate schemes, some exclusive to the UK, and choosing the best one for your circumstances can enable you to make money online with minimal effort on your part.
What is affiliate marketing?
The basic concept behind affiliate marketing is simple to understand. The merchant, who can be anyone from a massive multi-national corporation to an online teenager with an eBook to sell, recruits other website owners to help increase sales, either directly (pay per sale affiliate schemes) or indirectly via lead generation or ad placement (pay per lead, pay per impression and pay per click affiliate schemes). The affiliate (you) performs a set of (usually) simple tasks, such as displaying a banner or a text link on your website or blog or emailing people on your mailing list. In return you receive payment, either an agreed percentage of each sale or an agreed amount per lead generated or ad viewed or clicked.
However, to actually make money online you will want to find the high paying affiliates that won’t waste your time with minimum payouts, poor quality tools or frustrating hoops to jump through.
Affiliate program in UK: how do I choose one?
To make money online with high paying affiliates, your first port of call might be a UK affiliate directory. You will be able to click on to numerous affiliate marketing programs and evaluate their offers. Look for affiliate schemes that include products or merchants that are part of your niche or you will be wasting your time advertising products to the wrong type of consumer.
If you find one or two that you like the look of, apply to become a member (this will often require submitting your website or blog for verification which can take a couple of days). Most affiliate schemes include a dashboard or similar interface where you can track the performance of your chosen products/merchants and compare this with the average performance across the affiliate network. If you don’t make money online with one product, just try different products or join another affiliate scheme.
The ability to generate revenue is of course the main selling point of an affiliate scheme, but depending on your own preferences, there are some other factors to consider when choosing:-
What tools and technology (email templates, ad banners, etc.) does your affiliate scheme provide for you? Do they make it easy to promote the affiliate’s products or do you have to do a lot of work yourself?
Some affiliates offer instant payment or a guaranteed weekly release of funds while others (especially the big companies) stipulate a payment threshold and release monthly payments. Which method suits you?
Are you happy to let your affiliate scheme run itself and just scoop the rewards or do you expect to be able to scrutinise conversion rates and ROI to optimise your affiliate marketing activity?
Are you an old hand with web technology or would you appreciate a helping hand if things go wrong (e.g. your website won’t display the affiliate’s banner or your affiliate link doesn’t go to a landing page). Affiliate schemes vary in the amount of assistance they provide on technical issues.
Affiliate Marketing
The concept of affiliate marketing may sound very complicated, but the basic thinking behind the idea is actually quite simple. The practice of affiliate marketing involves the business, website of marketing company looking to gain new customers paying multiple “affiliates” to bring traffic of custom to their business. Effectively, the job of marketing the product is made available to anyone and anyone who successfully advertises the business or website, is payed based on their performance.
The vast majority of affiliate programs pay their affiliates on a cost per sale basis. This means that for every sale an affiliate generates, they receive a share of the profit. The first affiliate market programs tended to use a cost per click method, before widespread click fraud all but ruled out the system for marketers.
For advertisers, especially small business and websites, affiliate marketing is a good way to generate custom, as they only have to pay for the results, meaning no money is wasted on expensive, poorly targeted and ineffective advertising campaigns. The main drawback for affiliate marketing, however, is that the advertiser is unable to control the scale of the campaign. Most of the time, affiliate marketing programs, whilst drumming up some business, never grow to any great size, which could potentially be a problem for business looking to create brand awareness as well as sales. On the other end of the scale, small businesses can ed up in trouble if their scheme expends to a level that is out of their financial grasp. Although such instances are rare, these businesses are obliged to pay all their affiliates who create traffic or sales.
For the ordinary internet user, affiliate marketing can be quite a nuisance. Spam emails have became a huge problem in the 21st century, with people being overloaded with advertisements from affiliate marketers. Although many email providers have got this under control with more and more advanced spam filters, this problem is unlikely to ever go away completely. Another problem for internet users is search engine spam. This often results from affiliate marketers artificially pushing their website up search engine rankings by filling their advertising content with keyword and fake back links. This is evident to users when a search for unbiased information turns up a lot of shopping websites rather than usable information.
One thing is for sure - affiliate marketing is growing very rapidly and is unlikely to go away any time soon, even though it has problems that need addressing.
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