Have you ever been forced to choose between affiliate programs that don't offer high enough compensation? Furthermore, you don't meet the eligibility requirements even if they do wind up paying a sizable amount. Additionally, the payment structure does not apply to you if you meet the eligibility requirements. Next, there are issues with payouts and cookie durations.
You're not alone in this. Many marketers face this problem when they first join affiliate marketing. They have not been able to find good programs with high commissions for a long time. So, if you're among one of them, allow us to introduce you to affiliate networks. With this blog, we will cover what affiliate networks are and how you can leverage them to your advantage.
Understanding Affiliate Networks
Online systems known as affiliate networks link affiliates and businesses. These firms and brands are searching for affiliates to join their active affiliate programs. By first joining with the affiliate network, affiliates such as YouTubers, bloggers, publishers, and content producers can readily join these programs. In exchange for a commission, they subsequently advertise these businesses.
These affiliate networks have a very defined goal. They act as a link between affiliates and merchants, allowing the firm to attract an increasing number of customers. By providing a common platform, they make things easy for both businesses and affiliates.
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Why You Should Be Using an Affiliate Network
To use or not to use affiliate networks is a question many marketers get confused about. After all, it isn't exactly free to use. So, what compels others to use it? Here are some benefits of it.
Structured Platform
Affiliate networks offer a well-organized platform that links companies with a wide range of bloggers, publishers, and content producers. This makes it possible for them to connect with a larger audience and set of people who might have been challenging to reach otherwise. Companies can successfully expand their reach and exposure by attracting clients from all around the world.
Access to Multiple Affiliate Programs
The fact that affiliate networks offer convenient access to numerous affiliate programs on a single platform is yet another fantastic advantage. Finding affiliate programs that meet their demands doesn't require affiliates to go from one location to another or website to another. They can quickly obtain a list of the top ones, select the ones that work for them, and sign up with one with little difficulty.
Commission-Based Earnings
The ability to view the commission rates you can anticipate earning is one of the main benefits of affiliate networks. It is listed in large, bold numbers alongside other information. Because they originate from reputable companies that affiliate networks have previously validated, these commissions are typically consistent. The top affiliate marketing websites often offer programs with compensation rates between 5 and 20%, which are comparable to the industry norm.
Campaign Management
For tracking all of your commissions and payments, the majority of affiliate networks give you a separate account. You can view the number of successful referrals, commissions received, commissions owed, withdrawn accounts, current balances, and all of the affiliate programs you have joined.
Businesses, on the other hand, can track which affiliates bring in the most referrals and optimize payments and eligibility accordingly. This helps them make future marketing decisions.
Establishes Trust and Credibility
Affiliate networks strive to improve the trustworthiness of merchants and affiliates, and they place a higher priority on user safety than anything else. They often adhere to a stringent verification procedure where they confirm the legitimacy of all companies and their affiliate programs in order to maintain order. By improving relationships and trust, affiliates are able to work twice as hard.
Businesses can also be rest assured that their promotions have gone to safe and capable hands.
Factors to Consider While Choosing An Affiliate Network
Affiliate marketing is growing, and so is the number of affiliate networks in the market. But out of all of them, surely not all will be compatible for you. Here are some factors that you should consider before choosing an affiliate network.
Compatibility with Your Niche
As an affiliate, you most likely produce material for a certain niche. This specialty should be the focus of your affiliate marketing plan as you are familiar with the audience it draws. It should be easy for you to promote if the affiliate network you join has a sufficient number of companies in that niche.
Commission Structure and Payment Terms
Apart from the terms of affiliate programs, affiliate networks might have their own terms, too. They might favor tier and performance-based commissions or put a limit on the minimum amount that can be withdrawn by the affiliates. Some might pay out monthly, while others might do it quarterly.
Platform Fees
Another thing to watch out for is the platform fee. This is the fee that affiliate networks charge merchants and affiliates to operate on their platform. Make sure the affiliate platform you choose charges minimal platform fees and is completely transparent about any extra costs.
Size of the Affiliate Network
Another thing that matters is the size of the affiliate network. It should have a good network base within affiliate programs that you intend to join. As the affiliate network keeps on expanding, you'll have a greater chance of enrolling yourself in a number of profitable affiliate programs.
7Search PPC's Affiliate Program
We have an alternative if affiliate networks are too confusing for you. Run by the advertising network 7Search PPC, this affiliate program is free to join and offers a high commission rate. By simply recommending 7Search PPC to advertisers and company owners and encouraging them to sign up using your exclusive affiliate code, you can quickly make money off of your connections, traffic, and following.
Here are some other highlights of the program.
- Commission Structure: Affiliates earn up to 10% commission on each transaction made by their referrals. The referrals also receive up to a 35% Welcome Bonus on using an affiliate code.
- No eligibility criteria to enter. It is free to join for everyone.
- Separate account for commissions and transactions.
- Affiliates earn commission on valid transactions only. Faked and unsuccessful transactions are not counted.
- Affiliates are eligible for commission only when the referral uses their unique affiliate code or link to create an account.
- Payout Methods: PayPal, Payoneer, Bitcoin, Wire Transfer
You have complete control over how you want to advertise the network. You can run advertisements using display advertising, write a blog post that highlights the network's features, post about it on social media or leave a comment on well-liked, pertinent blogs, or make a YouTube screencast that shows off all of the network's features and operations. You can also share the word with any advertisers or businesses you have in your personal network.
This PPC affiliate marketing program is a win-win deal for both affiliates and their referrals.
Conclusion
Affiliate networks are online platforms that connect brands with affiliate marketers. They form this bridge, through which affiliates can cross and explore diverse affiliate programs from a variety of niches.
At the end of the day, it's not that difficult to earn money with affiliate networks. All you need to do is find the right one that is decent in size, is compatible with your niche, charges low platform fees, and pays attention to commission structures and payouts. But if you are able to find high-paying affiliate programs on your own, there's no need to spend money on signing up with affiliate networks.
Frequently Asked Questions (FAQs)
What are affiliate networks?
Ans: Affiliate networks are online platforms that bring together affiliate marketers and businesses under one roof. They connect both to work out the best possible returns for each.
What are the benefits of using an affiliate network?
Ans: Affiliate networks give you a structured platform to work with, access to multiple affiliate programs and comparisons on various bases, easy campaign management, and better trust and credibility.
What factors should you consider while opting for an affiliate network?
Ans: You should consider the size, platform fees, compatibility with your niche, and payment methods of the affiliate networks while choosing one.
Are affiliate networks free to use?
Ans: Most affiliate networks are not free to use and usually charge some amount of platform fees and other costs to allow marketers to make transactions.
Are there any alternatives to affiliate networks?
Ans: The only alternative to affiliate networks is finding affiliate programs that fit your eligibility criteria and offer decent commission rates individually.