In the example above, we see that even though an item gives you lower revenue per sale, it may still be worth it if you are going to refer a larger number of sales.
Imagine you have a travel blog on a budget. While there are some fantastic luxury travel affiliate programs that will earn you a better dollar amount per sale, you should not be promoting them on your website.
Why not?
Since you have chosen to focus on budget travel, and your readers are only interested in budget-friendly products and services, if you promote luxury products on our site, you will likely refer very few sales.
However, by promoting lower priced items on your site, you are more likely to get better conversion rates.
Pay very close attention to your audience, and what they are most likely to buy. If your target audience can’t afford a high-priced item then you’ll be better off promoting a lower-priced item, even if it results in less revenue in dollars per sale.
Higher number of referred sales will result in better revenue at the end of the month.
Compare and Decide
Once you have followed the steps dataset above for one affiliate program, do the same for several programs! Compare how much you can actually earn per month with each program.
Calculate: commission earned per sale x expected number of sales per month.
Then, choose the program where you will see better payouts!
How to Increase Affiliate Profits
Now that you have a better idea of the average affiliate commission rate, the real question is how do you increase your affiliate marketing profits?
In addition to choosing the right affiliate program, there are other tactics you can use to increase affiliate profits.
I would say the two things that can give the best results are:
- Improve your site’s SEO ranking.
- Increase conversion rates.
Improve Your Site’s SEO Ranking
SEO is one of the best types of marketing, not best drag and drop website builder – updated 2023 only is it free, but SEO traffic is also highly targeted. Unfortunately SEO takes time before you start seeing results from your work.
I’ll start by running a quick SEO audit with SEOptimer . The audit software will show you how you can improve your site’s rankings and keyword positions.
There are some “low-hanging fruit” that you can implement now to improve your site’s rankings.
This can be a starting point for optimizing your website for better rankings.
Some things you can start doing right away are:
- Add internal links to pillar cell phone number posts and pages that convert best.
- Optimize your on-page SEO , including title tags, meta descriptions, image alt tags, etc.
- Updating old content.
- Improve site speed and Core Web Vitals .