Ama, you mentioned the “refund rate” in your article but I believe that need a bit more explanation. Let’s take a down-to-earth example. We recently launched an affiliate campaign for our online coffee shop and got an affiliate who sent us a customer. The customer makes a $100 purchase. The affilite gets his $5. Soon a refund is requested (the client wanted a decaf coffee, for example). How do we deal with the $5 that we sent to the affiliate. What I expect is that we need to state the refund period (say, 7 days) and the affiliate money are released only after those 7 days. Is that correct?
Email marketing, as I have written about before, is superior to other forms of online marketing because of how much attention people give to email and the speed of response. People read emails constantly and will do so as emails come in. Blogs command attention too, but people consume blogs when they want to, it is not a form of forced attention like email is currently consumed.
All these forms of ad revenue are technically passive, because you can earn them at any time while your website is up and running, not just during the times when you’re working on it. However, to make real money from ads, you need to build a successful website, and that takes time and effort. And even after your site has attracted a bunch of regular followers, you need to keep posting new content to keep them coming back. Technically, once you’ve created a successful site, you could hire someone else to manage it – but just like hiring a manager for your rental property, this cuts into your profits, and it could even cut them down to nothing.
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Wearables has gone mainstream in the recent years and you could people wearing one or more categories of wearables. A popular niche in wearables is the health focused devices that allow the wearer to monitor health in realtime without visiting the doctors’. They pose a golden opportunity for the marketers to get better commissions on their promotions.
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Get the kind of traffic that is targeted to your product.Just think, if the person who visited your website has no interest whatsoever in what you are offering, they will be among those who move on and never come back. Write articles for publication in e-zines and e-reports. This way you can locate publications that is focusing on your target customers and what you have put up might just grab their interest.