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affiliate program success, articles and advice...
Using
Affiliate Programs to Test
Your Advertising Strategy
by Thom Schlip
of PlugInGo.com
Advertising is an investment in your company. Why do companies advertise?
To improve their image, to increase their customer base and to make
sales. Why do most companies "really" advertise? To increase
sales! Think of how much money your company spends on advertising
in a year. A three-month contract in the local newspaper can cost
about $2000 for an 1/8-page ad.
A campaign on
your favorite radio station can run up to $3000, an ad in your state
magazine can run up to $7200 and cable TV advertising can cost even
more. Let's take a look at the world of online advertising. If you
are advertising on a major portal, the minimum amount you would
invest is about $2000. Advertising on smaller targeted oriented
sites can still cost you anywhere from $60-$500 per month, depending
on the site's traffic. Whether online or off, unless you have an
effective ad campaign in place, your advertising dollars are going
to waste. Your ads have to be in the right place, at the right time,
with the right sales message. The Internet provides you with so
many effective measuring tools that can't be found in the offline
advertising world. You can actually tell how many people have viewed
your ad, clicked on it and if they purchased something from you,
and you can track it all in real time! You can test! And you don't
need an ad agency or a web "techie" to do it!
Another way
to advertise online is through Performance Based Marketing, also
known as an affiliate program. Performance based marketing is taking
the industry by storm!. You can actually advertise your products
and services across thousands of web sites while only paying for
results! You can test which ads increase traffic, which ads sell
and which ads are a total flop! Investing in an affiliate program
can drive traffic to your site, increase your audience reach and
increase your online revenue, but probably the most overlooked factor
of an affiliate program is that it allows you to test your ad campaigns
effectively, saving you time and money.
Affiliate programs
provide you with the vehicle and a captive audience to do just that.
Investing in an affiliate program, even if you don't make one sale
can be the most important investment your company will make in its
online advertising strategy! Why? Because affiliate programs allow
you to test what works and what doesn't! The key to any online advertising
strategy is to "fail quickly", so you can then test what
really works. Affiliate programs provide you with the vehicle and
a captive audience to do just that, and the crime of it all is you
can do it without paying any up front advertising fees. You only
pay for ads that perform well enough to give you a qualified lead
or generate a sale. If you could do this in the offline world, I
know a lot of newspapers and magazines that would be out of business
right now! Chances are very good that while you are doing all that
testing, you are going to make some sales as well!
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Thom Schlip, CEO
http://www.plugingo.com/ PlugInGo Affiliate Network
Find out How
B2B Essentials Can Help Your Business Grow ecommessentials@aweber.com
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