Affiliate Profit: Are you losing money?
Dear Affiliate,
I have bad news for you: You are probably losing money and you didn't pay attention to it! Let me explain...
When you joined affiliate programs you probably considered the following factors:
- The commission
- The conversion rate
The profit formula looks like a child play: Commission x Conversion Rate = Your Profit
In fact there are three big pitfalls here and if you don't manage them properly, your profit is at risk. Let consider them:
- Price: A high price means a higher affiliate commission for every sale but it may result also in a lower conversion rate