Affiliate programs part 2 is the continuation of my last post.
I am trying to find out if the affiliate that I choose to join will also pay me for hits and impressions in conjunction with the stated commissions. It is important to me if impressions and hits are also paid, because it will add to the earnings I will get from the sales commission. I learnt that this is especially important if the program I choose to join, offers low sales to be able to hit the required ratio.
I love doing business with real people especially those who will communicate with me. What if I have questions; who do I ask? I like finding out who owns the business; to know if it is really a solid company. Know the products they are selling and the average amount they are making. The more I know about the retailer offering me the affiliate program, the easier it will be for me to know if that program is really for me and if I will promote it on my site.
I have to you a little secret, not many people know this; I actually dropped out of management school I was doing my post graduate degree. I know you are wondering why I am sharing this secret and its relevance to subject at hand. Just to let you know things like these are a bit boring to me. Take a question like: Is the affiliate a one tier or two tier program? Well I found out that a single tier program will pay me only for the business I myself have generated. While a two tier program will pay me for the business, plus it will also pay me a commission on the on the sales generated by any affiliate I sponsor in my program. I heard that some two-tier programs will even pay small fees on each new affiliate that I sponsor. More like a recruitment fee.
Now check this out; most of these affiliate programs pays 5% - 20% is the commission. Then 01% - .05% is the amount paid for each hit. If you find a program that also pays for impressions, the amount paid is not much at all. Considering the stated figures, you will now understand why the average sales amount and hit to sale ratio is important.
I have to be familiar with the many important aspects that my chosen program should have before promoting them on your website. These are just some of the questions that needed answering first before I will enter into any affiliate program. Try to ask your affiliate program choices these questions. These can help you select the right program for your site from among the many available. The search continues and I will let you know as I try to understand this world of affiliate programs.
I found out about this affiliate summit started by Shawn collins of affiliatetips blog on his website he has some tips on video for newbie affiliates. The video below is from the affiliate summit, hope you gained some affiliate marketing tips from there.Don’t forget to come back to know more about my search.
I am trying to join an affiliate program. I am still researching the choices of program that I intend to join. If I get some feedback from the ones I have checked; that will determine which ones I will be joining.
I will like to join affiliate programs that are absolutely free of charge. I won’t want those that will charge me some dollars before I join.
I have found out that every program is different. Some issue their checks once a month, every quarter, 2 weeks. I will select the one that will suit me most in terms payment time. Many affiliate programs are setting a minimum earned commission amount that an affiliate must reach in order for their checks to be issued.
I must check the affiliate hit per sale ratio. That is the average number of hits on a banner or text link it takes to generate a sale based on all affiliate statistics. This factor I learnt is extremely important because this will tell you how much traffic you must generate before you can earn a commission from the sale. How I am supposed to do this?
Some people said that I should check how referrals from an affiliate’s site is tracked and for how long they will remain in the system. You need to be confident on the program enough to track those people you refer from your site. This is the only way that you can credit for a sale. The period of time that those people stay in the system is also important. This is because some visitors do not buy initially but may want to return later to make the purchase. Know if you will still get credit for the sale if it is done some months from a certain day.
What are the kinds of affiliate stats available? My choice of an affiliate program should be able to offer detailed stats. They should be made available online anytime I decide to check on them. Checking my individual stats constantly is important to know how many impressions, hits and sales that I generate from my site. Impressions are the number of times the banner or text link was viewed by a visitor of your site. A hit is the one clicking on the banner or text links. I still have more things to find out before I can make up my mind. I will tell you those ones next time because I don’t want to bore you my friend with my affiliate search. I signed up for a click bank account yesterday but research still continues.
AKPO project is the development of oil and gas field located at 150 km and 1400 meters deep-sea offshore Nigeria, West Africa. The AKPO field block was originally allocated to SAPETRO indigenous Nigeria oil and gas company under OPL226 (Oil Prospecting License). SAPETRO later invited other technical partner such as TOTAL S A (France), PETROBRAS (Brazil), which helped in oil and gas discovery and developmental studies. AKPO project Basic Engineering phase contract was done by DORIS Engineering France in 2003. AKPO project was sanctioned for development by Nigeria government in 2005, consequently famed in as project partner through NNPC (Nigeria National Petroleum Company) and the field changed to OML130 (Oil Mining License), CNOOC (Chinese) later joined as project partner.
The project consists of 5 principal components namely;
1. Topside
2. Hull
3. UFR
4. Sub sea
5. Drilling
Main contracts on AKPO project were as follows;
• FPSO (Floating Production Storage and Offloading) consist of Topside and Hull was awarded to consortium of Technip (France) and Hyundai Heavy Industries (South Korea). Detail Engineering was partly done in France and South Korea, while construction is done in Hyundai Heavy Industries offshore construction yard in Ulsan South Korea.
• UFR (Umbilical Floating and Risers) consist of sea lines and flow line risers connecting the FPSO to the seabed wells was awarded to Siapem (France). Detail Engineering done in France and construction in Nigeria (Siapem yard and Niger dock).
• Sub Sea consists of sub sea Xmas tress, well manifold and HPU (Hydraulic Power Unit) was awarded to Cameron with activities in Leeds (UK), Houston (USA), Celle (Germany) and Warri (Nigeria).
• Drilling was awarded to Deepwater Discovery
First oil production is expected in first quarter of 2009.
I tried not to be too technical in writing about this project,I hope it wasn’t.There are so much to be written about AKPO project.I will post the photos from the dinner party next time.
Total has launched the 2nd major deep sea oil Project the ULSAN project,this one will start up as AKPO leaves.
Our project here is coming to an end, last Friday the moving company came to check our things for shipping. We didn’t have much load since we didn’t stay up to a year in South Korea. We lived in a furnished apartment unlike in Paris, France where we had a mansion to ourselves. We are leaving for New York for vacation then proceed to Canada. It is a vacation well deserve, I am hoping that I will rest well during these period before going to face a whole new challenge that awaits me.
Yesterday was the naming ceremony for the TOTAL FPSO AKPO Project; it is a Korean ritual after building each platform. I will tell you about the project in my next post, we also had a dinner party to celebrate the end of this very huge project.
I will get a better photo on Sunday when we go for the final tour in and around the shipyard.
This is my bestfriend (my husband) he has being on this project for many years now,you will hear all about it next time.
This was the performance by the Korean Navy.
You remember when i mentioned that the twins where going to the repitile museum from school? These are the photos their school sent to us.I didn’t feel good about some of them because they should’ve asked me first if it was okay with me.The artist in me appreciates it but as a mum i have the right to know what my child is being put through.What do you think about this? and what would you have done if you see yourself in this situation? Leave your response in the comment area.
Did you notice that it was only Joel in the whole snake photos? His twin brother wouldn’t dare near anything like that,Joel is the fearless one.
Posted By 
tyna 
Jun 5, 2008 
