There have been, and still are, several rumors that are continuously been passed all around the world concerning the history of affiliate marketing and when it very first originated. This extremely popular and very effective method for advertising that is used by an endless number of merchants and website owners all through cyberspace was originally invented in the latter part of 1994 by cdnow.com. It went on to later be pioneered in 1996 by Amazon.com.
Affiliate marketing is a very easy and effective way that provides online merchants that sell various products and services to share revenue that is owned through this type of advertising with a variety of different owners of websites on the Internet. A large number of entrepreneurs simply know this form of advertising by other names such as partner programs and associate programs.
The fact that affiliate marketing has earned a spot to be known as the most popular method that is used worldwide by an endless amount of businesses as their number one choice in an advertising campaign, is simply due to the fact that it is so easy and convenient to use and its effectiveness in driving large numbers of traffic to their business website, earning them higher levels of revenue is astounding.
When an online business or affiliate makes the decision to take advantage of the benefits that are offered in affiliate marketing, there are four separate methods that can be applied to either their website, eZine, newsletter, and other channels of marketing. These methods would include Pay-Per-Click (PPC) that also includes Cost-Per-Click (CPC), Pay-Per-Impression, and Contextual Advertising. Search engine marketing or (SEM) is generally what Contextual Advertising and Pay-Per-Click Advertising is referred to.
When website owners and online business merchants choose to use either of these forms of affiliate marketing, the revenue that is earned when a user clicks on the advertisement that has been placed on the owners website, is shared between the two.
In various other forms of ad campaigns, there is generally a tremendous amount of time and effort that is involved in the planning and executing of the technique that has been chosen. This, however, is not a problem that is involved at all in these popular choices of advertising.
Since the early stages of its use, affiliate marketing has become known as a leading edge for businesses to have the ability to earn large amounts of revenue that is consistently coming into their company, simply by having their advertisements placed on several different owner websites all throughout the online community. The strategies that are used as to the placement, ensuring that they are placed on relevant owner websites is of course one of the factors that merchant’s and website owners alike need to take into consideration when they choose this form of ad marketing.
Increasing the conversion rate can be a huge advantage when you would like to increase the ROI of your business website. This is true regardless if the event of the conversion is based from a prospective lead, or if it was simply because of a purchase that was made online.
Below you will find some very effective methods of increasing the conversion rate on your online business website.
- Include graphics that are high resolution
- Clarify the differentiation
- Copy that is written should be compelling and persuasive
- Add both audio and video to appeal to numerous styles
- Offer benefits
- Perform comparisons, case studies, and research data to show the ROI of the services and products that you offer
- Add a policy of satisfaction guaranteed
- Let your clients know how they will benefits from your specific products or services that you offer
- Add a few of your customers testimonials
- Try adding a few testimonials from experts in the industry
- Include Calls to Action that are specific
- Provide items that are related to enhance your specific offers
- Segment traffic, then create funnels of conversions for each of the segments
- Always remove fields that are unnecessary from forms
- Add credibility, such as naming the Better Business Bureau, industry associations, or VeriSign
- Provide a variety of different payment options
- Provide detailed help with contextual answers
- Include Privacy Policies and guarantee customers lists will never be sold
- Add a variety of ways customers can locate information, such as a toll-free telephone number, email, or online-form
Taking the time to apply each of these steps will increase your conversions and provide an opportunity to benefit from a successful business.
The whole idea that most online business websites are trying to achieve, is for visitors to visit their site long enough to find the advantages offered, click on other links within the site to learn even further information, and ultimately purchase your products or services. As many of us are aware of, this is not always the case. All too often there are sites that end up having visitors who land on one of the pages of their site, only to leave so they can visit other sites. When this is the type of problem that you are experiencing, it can often be disastrous.
A ‘Bounce Rate’ is a percentage that is determined by the number of visits where visitors lands on a website, then end up leaving the site because they were not able to find information that caught their attention that made them want to stay and browse the site further. Avinash Kaushik, Google’s Analytics Evangelist describes this action as, rather than visitors visiting the site, viewing needed information, then conquering the goals they were looking to find, visitors instead come to a website, quickly see it holds nothing for them, and they leave.
It can be extremely beneficial for your company if you take the time to learn what the Bounce Rate is of your online business. The specific type of site that you have, and the type of web page that has been created at two factors that will ultimately determine the Bounce Rate. If the Bounce Rate on your site reaches numbers as high as 50 percent or even higher, then this is certainly cause to become concerned. Percentages that are this high tell you that a much larger number of visitors are leaving your site, than the amount of prospective customers that are staying.
The web analytical package of your site is where Bounce Rate information and percentages can be found, and you have the ability to filter these numbers to show detailed information on specific sources, such as partner sites, specific pages of your site, Google organic searches, and online advertisements.
What Can The Bounce Rate Of Your Site Mean?
This percentage can often reveal techniques that have been used in marketing campaigns that are not showing to be effective. It can even show low quality content that simply does not contain information that sparks interest of targeted audiences.
What Can Be Done?
Testing other alternatives that include a broader scope of ideas, page headers that are catchy, informative and interesting content, and contextual links that are relevant, are all areas that you will want to pay close attention to.