However, there are people who have had financial successes when it comes to this kind of home business. These are the people who read the fine print, who know how to run their own websites, and those who know how to choose what affiliate partners they would like to work with.
So if you want to become a webmaster affiliate – and a successful one at that – here are some tips to get you by.
1. First of all, you need to know the difference between simply being an affiliate to being a webmaster affiliate. With the former, you can basically use any blog site or article platform where you can market your affiliate's products or services.
You can have a webpage at Squidoo or similar sites and market your article in other e-zine directories. On the other hand, a webmaster affiliate means you have a running website (paid for in the domains) which you will operate and control.
This gives you the liberty to actually choose what ads will appear on your site, where they will appear on a specific page and for how long.
In other words, you are supposed to be in control of the situation at all times. Many webmasters find themselves on the losing end of the affiliation deal simply because they did not read the fine print of the affiliation contract. Yes, there is supposed to be a contract of agreement between the two parties, and very often contracts are overlooked or skimmed over by the webmaster.
The most important details that are overlooked are: the type of marketing and the type of payment. There is a difference between making traffic click on ads, making traffic perform specific actions and making traffic actually buy the products of the affiliate partner.
The mode of payment varies greatly too. Some click ads are paid by the thousandth, while performance based affiliations are based on actual per-sale compensation. If you have a running website, and you have several potential affiliate partners on stand-by, you would need to seriously consider marketing and payment schemes first before agreeing to any contract.
2. If you have an affiliate who sells car parts, your web site should be dedicated to something along that vein. It does not really bode well to have several car part ads in a website that you have dedicated to your cat Whiskers. Also, there are many instances where the webmaster subscribes to a number of affiliate partners in one given time.
There is really nothing wrong with this. In fact, this is very economical on the part of the webmaster. However, it would be better if the actual website and its affiliate partners (and their corresponding wares) can be classified in one niche only.
For example: your website is all about exotic flowers. One of your affiliate partners could be selling exotic orchid seeds from the Philippines, while another sells orchid growth boosters. This makes it easier for the search bots to land on your website, which can help boost your ranking in the search engine results page.
If you find other profitable affiliate partners, but they belong to another niche; you may want to consider placing their ads on another webpage. Better yet, why not create a whole new website dedicated to them. Later on, you can link your sites to generate more traffic.