How To Evaluate Offers For Affiliate Marketing (With Examples)
Affiliate Marketing, Pay-Per-Click October 18th, 2007Disclaimer: Since affiliate links do not effect the context of this post, I am using them when linking to the affiliate network. If you are not signed up with AzoogleAds, and would like to be, simply use one of the links in this post, send me an email, and I will talk to my account manager about getting your application approved.
A big factor for your success or non-success in affiliate marketing is the offers that you choose to promote. There are markets that just don’t do well online, merchants that do a poor job of converting the visitor into a sale/lead, and offers that are just difficult to promote for one reason or another. You can avoid these problems by understanding how to choose good markets, using your judgment when choosing merchants, and thinking out of the box when developing promotion strategies.
As you progress in your affiliate marketing ventures, and increase the number of successes that you have, you will also increase your confidence and knowledge of what makes a good offer. To help you get an idea of how I think, I will pick a few offers (none of which I have promoted before) and give you my thought process on them; one or two per post. Some of them may look promising while others may not. Hopefully this will turn into a frequently recurring series.
The Offer: Value Plus / Vacation Passport Trial
I found these two offers (value plus, vacation passport) while browsing AzoogleAds. They are both essentially the same offer, but are targeted at different markets. They have a base payout of $18.25 per lead, can be incentivized, offer a built-in incentive ($25 gift card), have almost no restrictions, and are based on inexpensive trials.
Trial offers are great because you can get huge payouts compared to the relative cost to the consumer. I almost always have success when promoting trials. A free trial would have been better, but it only costs $1.95 and is more of a validation step than anything. Also, on top of the $18.25 base payout, I’m sure that once you send even a couple leads their way, your Azoogle affiliate manager can bump it up to $20-$25 per lead. This would give you an enormous advantage on your margins.
Landing Page Strategy
So how would I promote these offers? Well, the one thing that I don’t like about these offers is their landing page (they both have essentially the same one). If you send unqualified visitors to this page, I can almost guarantee you that they won’t convert. It just does not offer enough compelling reasons for a consumer to give out their credit card details. This means that you will have to do more work with your own presell page, but that is actually a good thing.
By being forced to set up your own promotion, you can differentiate yourself from the crowd and all of the other affilaite marketers who are too lazy to spend the amount of time required. The first thing you should do is buy a domain name specifically for the market you are going to promote (two if you wanted to promote both of them). Keep it short and sweet so that you have space to add additional information to your display URL in the PPC engines (this is usually limited to 35 characters).
Next, I would see if there were any related offers that I could combine on a comparison/review page. I have found this to be the best choice because it gives the consumer a feeling of control. If there were no other compatible offers, I would simply create a catchy, yet easy to read, landing page that clearly displays all of the benefits, explains why they should sign up, stresses the trial offer and $25 gift card, and makes multiple calls to action (actually says things like “sign up now”).
All of your call to action links would point to the offer landing page (with your affiliate link), and hopefully you will have informed and sold your visitor on the membership.
Making Use of Incentives
Since these offers do allow incentives, you might as well make use of them. Generally, I advise against out-of-pocket incentives because there isn’t much point in reducing your margins. I’ve seen affiliates promote a $20 offer with a $10 cash incentive, and I am pretty sure they aren’t making more net profit than I am with no incentives.
The right way to do incentives is to offer something that has no reproduction cost to you. Make a quick compilation guide of [free] articles and links from around the internet. Make some how-to videos that the market would find interesting. Interview some experts in the given market and give away the audios as an incentive. The great thing about this is that you don’t have to worry about the logistics of tracking individual signups. If someone just wants your bonuses for free, and tells you they signed up when they really didn’t, you don’t have to worry about getting ripped off… your reproduction cost is $0.
For this particular offer, I would probably also offer an optional $1.95 monetary incentive. Just say something like “if you want to sign up, but are turned off by the $1.95 trial, just let me know and I’ll pay your trial fee.” Most people wont take you up on this offer, but for those that do, the $1.95 paid will be worth it. To make sure you are getting ripped off here, just require that they send your a copy of their payment receipt and their PayPal address that they would like the funds sent to.
Choosing The Right Keywords
You can never know for sure what the right keywords are, but you can certainly increase your chances of finding the right keywords. For these offers, I would use base keywords like “budgeting, budgeting guide, budgeting advice, household finances, reduce spending, frugal living, hotel coupons, retail coupons, etc” and then probably combine them with the names of states, large cities, stores, restaurants, hotels, etc.
Of course, each of these keywords should have their own pay-per-click ads and, if possible, their own variations of your landing page. If you just lump everything together without any organization and/or planning, you will end up with inactive keywords, low click-through-rates, and expensive click prices.
Again, not all of your keywords are going to prove successful. You will need to test, track, and monitor your results. Some keywords might be too competitive (increase your bids or niche down deeper) and other keywords just won’t turn into sales (rework your corresponding ads and landing pages or throw them out).
Going Beyond Evaluation
What I have done here is a quick analysis of a random affiliate offer. These are just ideas of how I would likely approach this market and offer. The actual steps for setting everything up, creating your campaigns, grouping your keywords, building your landing pages, and testing your results can be as simple or as complex as you feel necessary.
The real key here is that you simply need to get out there and try it. With experience, you will be able to evaluate offers with your own knowledge and style. If you don’t feel comfortable spending money just yet, just go through hypothetical scenarios. Do all of the thing I did above, analyze the competition, and watch everything unfold. You will see some marketers stay in the game (they are probably making money) while others come and go (their promotions weren’t successful).
End Note: The offers that were discussed in this post were found through the AzoogleAds CPA network. If you would like to get an account with them, use this link and send me an email so I can talk to my account manager about expediting your application.

October 18th, 2007 at 5:16 pm
I have tried so many things to try and get success. It must be a hit and miss thing then. Thanks for these hints.
October 18th, 2007 at 6:00 pm
I appreciate the approach you took in this post. I am just beginning in PPC and I am really absorbing your blog. By the way, you are sort of incentivizing your post by offering to help get people approved with Azoogle. Nice. I am already onboard with Azoogle or I would have signed up under you.
Thanksa again for the post.
October 18th, 2007 at 7:14 pm
Derek. You’re a really good writer. Seriously. Great blog entry. If newbies are still confused, then they should consider selling pencils on the corner instead.
October 18th, 2007 at 10:01 pm
Psychologically, people feel they need to make 3 comparisons before they make a buying decision. (more if they’re uncertain).
A comparison site, a review site, or a combination of both can bump up your conversions, especially if you understand your market.
October 18th, 2007 at 10:01 pm
Another great post Derek. Love the way you go into detail which is key to learning. Enjoy the examples you shared. Just can’t get enough. CHOMP
October 18th, 2007 at 11:01 pm
Hey Derek,
Interesting thought about the use of free incentives. As for cash incentives, that’s kind of what the CPA networks are offering to the affiliates. They probably get $15 per lead and offer $8 to the affiliates. So if your margins are going to be real slim if you’re offering your own cash incentives. I’m guessing that’s why the CPA networks can bump up your payment as they have a good margin to work with.
Good post.
October 19th, 2007 at 6:20 am
Great insight here, Derek. I’m very new to the idea of actually learning how to make these referral schemes work … but this is the sort of thing that makes sense, instead of yet another “how to choose keywords” article. So lucky for me you chose travel offers as a sample. I have a “dead” site with significant content on travel and which used to get a lot of travel realted traffic … I had no idea how it might be monetized, aside from an occassional AdSense click. Thanks.
October 19th, 2007 at 3:07 pm
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October 19th, 2007 at 10:06 pm
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October 19th, 2007 at 10:08 pm
Fantastic post, I’ve sent a number of people to it for their own reference, and just did a blog post about it as well. Keep the great work Derek!
October 20th, 2007 at 12:00 pm
Derek, macroking just referred me to this blog and you’re killing me. My time is limited and now I have to every word of this whole blog. No really, this is GREAT stuff. Just signed up for the RSS feed.
This article really hit home with me because evaluating offers to promote is something I really struggle with.
October 20th, 2007 at 6:55 pm
Another quality post Derek. All that’s needed now would be for you to show us exactly how to make that landing page. If you could post up an example, that would be much appreciated for us affiliate marketing newbies – I’m just not sure how to go about doing the long vs. short copy and what to include.
October 21st, 2007 at 12:13 am
Hey Derek I really enjoy reading your blog. However I’d like to hear your ideas on how to start a new campaign in a Highly Competitive niche like Payday Loans, Mortgages, Debt Consolidation. Super high competition, Lots of risk but also the largest amount of rewards if you can get it right. I’d love to hear you opinion on how to do something like this if you have the money to spend.
October 21st, 2007 at 6:50 pm
great post. Still have challenges with launching some of my campaigns, your writting gives me some good insights. I too would like to hear your strategies along highly competitive niches.
October 21st, 2007 at 8:21 pm
Solid article, these are the ones that are actually useful to read. So much bullshit floating around, the best way to learn things is by seeing how other successful people do them.
October 22nd, 2007 at 9:49 pm
Great post Derek. It’s rare that bloggers spell out a strategy that works.
October 27th, 2007 at 8:27 am
Derek,
I think that you write the best Internet marketing articles of any blogger. You really have a knack for explaining this complex process.
November 7th, 2007 at 1:00 pm
This post is pretty interesting. I still have a lot to learn about affiliate marketing.
December 8th, 2007 at 12:57 pm
Great blog…. for a newbie like me!
February 23rd, 2008 at 9:54 pm
Very helpful, educational post. Thanks.
Does anyone else find it strange that both offers say “Complete the info to get your” ….. and just trail off?
Also, they both say it costs $ per month. And what is a -day trial period?
Derek is sure right in saying that some merchants’ landing pages convert poorly! What an understatement.
September 5th, 2008 at 11:24 am
Good post for a complete newbie.
You are of those bloggers who will submit the best content without being jealous.
October 22nd, 2009 at 3:48 am
[...] my last post, which was sadly about a week ago, I gave an example of a particular affiliate offer that may or [...]