Learn these Pitfalls To Avoid When Starting Your Affiliate Marketing Business in South Africa. So, you’ve quit your dreadful job and are now working for yourself. You’ve embarked on your new business venture, affiliate marketing. You’re ecstatic, and you’re putting in all the hours God gives you to make this venture a success. You go to your website to check on it and notice that sales are going well. Many of the strategies and tactics you implemented helped your affiliate company sell a lot of products. Finally, the end of the month arrives, and you’re anticipating your first large payment. You are slightly disappointed when you check your account. You did make some money, but your calculations indicated that you should have made more. You double-check your sales numbers and make the decision to contact the company. They inform you that some of the items sold were returned, and your commission was reduced as a result.
This is disheartening, but it does occur. On returned goods, companies do not pay commissions. You must be aware of this in order to avoid further pitfalls. Although no one expects to be paid a commission on a returned item, some less-than-honest affiliate marketing companies may take advantage of this to defraud you of some of your earnings. You must ensure that you are familiar with their return policy and how it will affect the amount you are paid.
When a customer returns an item, this is known as a return. Charge backs can also occur when a credit card transaction is disputed. Make sure to keep an eye on which items are being chargebacked or returned. Examine the data to see if any patterns emerge. If you notice that the orders that are charged back are always very high ticket orders, it’s possible that they’re lying to you. They’re doing it to keep your commission low while keeping a portion for themselves. Keep a close eye on returns, especially if you believe they are occurring too frequently.
Chargebacks can also be an indicator of a more serious issue. If you notice that many of these chargebacks occur during a trial period or during the money-back guarantee period, there may be more serious issues. This is an indication that the product or service you’re promoting isn’t up to par with customer expectations. It could be deceptive or simply of poor quality. It will, however, have an impact on your commission and future as an affiliate marketer. If this appears to be occurring far too frequently, there may be a problem within the company. Look for ways to get out and make other plans.
You should also be aware of which items can be commissionable. To avoid disappointment later, make sure you understand which products you will be earning money from. The company may offer a selection of products for you to put on your site, but only some of them may be commissionable. Check your terms and conditions carefully before agreeing to anything like this.
Finally, you must ensure that any items sold do not come with any additional conditions. Some companies will only pay a commission if the customer fills out the payment information right away. You may not receive any commission on an item if they select it and continue shopping. If the customer clicks on any other links before completing the order, you may lose commission. If they order 30 of an item you’re promoting but click on something else instead, you’ve just lost a lot of money.
Affiliate marketing is a lucrative business model. However, before diving in head first, you should carefully read your terms and conditions. It might be worthwhile to have them reviewed by an attorney. When it comes to affiliate marketing, you should be aware of the numerous traps that people fall into. To avoid disappointment later, read and understand your terms.