Top 10 Tips to Succeed With Referrals

Michael's Top Recommendations:

I make over $10,000 a month selling ebooks -- mine and other authors. Find out how I do it here and see my checks.

An affiliate program I have had success with over the years is "Write a Book in 14 Days" -- I have made up to $700 a month. It's not too hard since you make $90 commission from each sale. More info here.

 

 

 

People kept asking me for suggestions for romantic gifts and other things but I didn't want to sell a lot of things on my site so now I get paid for referring customers to other sites. The more money I make on the website allows me to continue to expand it and give out more free information. More importantly, the income gives me more time with my family and for charitable work (I volunteer as our church's youth pastor among other things).

After a bit of trial and error, here are some pointers on having a successful affiliate/referral program. 

1. TRAFFIC-- You can't refer your visitors to other sites (and make money) if you don't have any visitors to start. Besides getting in search engines and exchanging links (go to my links page if you would like to exchange links), purchase visitors at services like Overture.com (click on this link to get a $10 sign up credit) and FindWhat.com. For as low as a penny a hit, you can drive significant traffic to your site. If you make an average of 7 cents per visitor, then calculations tell you should "buy" as many visitors as is possible at one cent each.

2. QUALITY SITE -- A quality site will bring visitors back to your site as well as lend credibility to what you recommend. The more "professional" your site appears, the more likely people will click on links you suggest.

3. BANNERS RARELY WORK -- You probably don't notice how I promote various affiliate programs on my site. I use text links that blend in with the rest of my content. A banner tells people they are clicking on an ad (I do sell banners on my site but they aren't part of my affiliate partnerships). A text link is more "personal" and gets much greater click throughs.  

4. PERSONAL ENDORSEMENT -- I don't always send my visitors immediately to another site. First, I tell them a little bit more about the program. That way, they only go if they are really interested. Otherwise I might lose that visitor once they leave my site. I do this for programs where I am paid when someone signs up for a particular program or product. The affiliate program calls these "leads." If I am paid per "hit" only, then I try to get them to go straight to that site.

5. MAKE THEM APPROPRIATE -- Most of my affiliate programs are related to what my site is about. Try to pick programs that would be of interest to those visiting your site. But don't be afraid of adding some programs that are more "general interest" as they might bring in significant revenue.

6. TEST -- Put about six or eight programs on your site and test to see how they do over a month's period of time. Drop those that aren't performing and try some new ones. My rule of thumb is that I try to make at least 7 cents on average from every visitor I send to a site. 

7. HITS, LEADS, PURCHASES -- Programs that pay per hits are very safe bets. You are guaranteed to make a certain amount for everyone you send their way. Try to find programs that will give you at least 5-7 cents for everyone you send their way. Some companies will pay you a large commission for every sale that comes via your site, but unless people are buying often from them, they perform very poorly. I have had great success with programs that pay you per "lead."  

8. GOOD COMPANY -- Sign up with a reputable affiliate company that offers a variety of programs. I have heard about some programs that don't pay their bills on time. (see my recommendations to the left)

9. TWO-TIER PROGRAMS -- There are many two tier programs you can sign up with. In addition to your own sales commissions, you receive a percentage of every dollar earned by those who sign up under you. Some of the programs I have recommend in the past have been two-tiered. I make over $4000 a month, NOT counting two tier income, so you don't have to rely other people signing up under you to make good money.

10. NEWSLETTERS -- If you have a newsletter, an affiliate program gives you a never ending stream of ads. Plus, since your newsletter usually goes to people who are familiar with you already, they are more likely to check out the items you recommend.

Once you have some programs up and running, I'd be happy to take a look at what you have done and try to give you some additional pointers. Just email me using the contact link at the bottom of this page. 

-- Michael