Affiliate marketing is an internet marketing approach that enables digital marketers to earn money by advertising or promoting a product or services through various channels like social media pages, email marketing, paid ads, video-sharing platforms, and articles, etc. Commission happens when a potential customer decides to purchase a product or service from the associate's website. As easy as that might sound, affiliate marketing is not just a get rich quick plan to making hundreds or thousands of dollars within a few months as it requires a proper marketing strategy and the best analytic platform like Voluum to help you track your campaign. In fact, it’s not uncommon to wait for months or even years before receiving a significant paycheck from affiliate marketing, but with the right tools, you can surpass the long-waiting months. Below, I have listed the common challenges that affiliate marketers face and the solution.
Challenges:
1. Finding the right niche: The main challenge that affiliate marketers face is finding the right niche, so you might want to do your due diligence to find the most profitable niche for you.
2. Gathering the right information: The common mistake that new affiliate marketers make is that they don't know the importance of having the right analytic tool to help track, manage, and optimize to deliver a successful campaign.
3. Getting A High Traffic: If you're not consistently getting website traffic, there's a good chance it might be because of your website's UX. If your site isn't user-friendly, no one will want to visit it. No matter how great your content is. If you publish something your audience actually wants to read, they might not even come and read it.
4. Ineffective Content: Effective content writing is critical in turning site visitors into satisfied customers. It's not just about getting content out there—it's also important to produce high-quality content. Search engines crawl website content and reward websites with well-written articles by ranking them higher in search results.
5. Not Making Sales: Having vast traffic on the site is not enough to get the sale. Affiliate marketers need to analyze their niche. Follow the people on social media who receive the newsletter and visit the site. This will boost the sale growth.
Have you heard of Valuum? Is one of the most on-demand analytic platform that helps new affiliate marketers avoid the mistake that veteran made in the past before Valuum was developed. Here are some features that Valuum offers that will help you run your campaign effectively. See the who features and pricing HERE.
Tracking Solutions
1. Direct Tracking Pixel: Track paid and organic traffic without the initial redirect. Accelerate the process of sending visitors to your offers, and advertise without limits, even in regions where the Internet connection is slow.
2. Impression Tracking: Track impressions of your banner ads to measure the impact of particular display touchpoints. Combined with other metrics, impressions will give you a complete overview of your ad campaign performance.
3. Traffic Source & Affiliate Network Templates: Access 35+ templates for the most popular traffic sources and 15+ for the most chosen affiliate networks to set up your campaigns hassle-free.
Analysing Solutions
4. Extensive reporting: Access your data right away, no matter how big the volume of your traffic is. Our own database ensures reports are generated instantly, in real time. Access up to 30 data points about every impression, visit, click and conversion to go as granular as you need.
5. Data Grouping & Drilldown: Navigate through your reports from one level to another. Explore deeper and more specific layers of data to get actionable insights.
6. Traffic Log: Access raw data to get the most detailed information about every single visit. Be able to discover any data mismatches between your traffic source and Voluum.
Optimising Solutions
7. Traffic Distribution AI: Put campaign optimization on auto-pilot. Our machine learning algorithms can examine your traffic in real time and automatically redistribute it to the best-performing offers, landing pages and entire paths.
8. Rule-based Targeting: Direct your traffic to different landing pages and offers, based on customized rules. Target carefully chosen audiences to increase the appeal of your message, ultimately lowering costs and maximizing your budget.
9. A/B Testing for Flows: Run A/B tests automatically to easily determine which of your campaign paths perform better for given conversion goals and to find out where to make changes for improved effectiveness.
Scaling Solutions
10. Anti-Fraud Kit: Stop wasting money on bot traffic. Detect suspicious visits and clicks, spot unrealistic conversion times, and get undeniable evidence for chargeback procedures against fraudulent publishers.
11. Shared Reports: Share your live data safely and hassle-free inside and outside your team. Quickly grant access to specific parts of your campaign data. Decide who, what, and for how long can view your reports.
12. Workspaces: Organize your work within a team. Create manageable working groups and grant specific access to your associates.
Not only that a very effective marketing tool but it's low-cost as well. Click HERE to see the pricing.
Comentários