Well, you have left that awful job and now are working for yourself. You have jumped on board your new venture which is affiliate trading. You're incredibly excited and are working all the hours God sends to make this venture a success. You checking up and monitoring your site and you see that sales are going quite well.
Many of the strategies and things that you put in place have helped your affiliate company sell quite a bit. The end of the month finally arrives and you're waiting for that first large payment. If you check your account you are slightly disappointed. You did make some money but according to your calculations you should have had more. You check your sales figures again and decide to contact the company. They inform you that some of the items sold were returned so those had to be deducted from your commission.
This is disappointing but it does happen. Companies do not pay out commission on returned goods. You need to be aware of this to avoid fall into further pitfalls. No one would expect to be paid a commission on a returned item however; some less than honest affiliate merchandising companies can use this to scam some of your profits. You need to make sure you understand their return policy and how it will affect the amount that you are paid.
A return occurs of course whenever a customer brings an item back. Charge backs can also happen if they dispute an amount on a credit card. Be sure you keep a close watch on which items are being chargeback or returned. See when there are any forms that are obvious.
When you notice that the orders that are billed backward are always very high ticket orders then they could be giving you false info. They are doing this to keep you commission down and keep some for themselves. Keep a close eye on returns especially when you think it is happening a little too often.
Charge backs are also indicative of another more serious problem. Whenever you notice that many of these charge backs are happening during an initial trial period, or the money rearward guarantee time, then there could be further problems. This is a sign that the product or service that you are promoting isn't up to customer satisfaction. It could be misleading or just inadequate calibre. However, it will effect your commission and your future as an affiliate marketer. When this seems like it is happening a little too often then again, there are problems somewhere in the company. Look to get out and make substitute arrangements.
You also need to be aware of which items are actually commissionable. Make sure you understand which wares you will be earning money from to avert disappointment more recent. Sometimes the company will offer a selection of merchandise to put on your site, however only certain items may be commissionable. Before agreeing to anything like this checks your terms and conditions carefully.
Finally, you also need to make sure that items that are sold don't have any other conditions attached. Some will only pay a commission whenever the customer fills in the defrayment details immediately. If they select an item and continue to shop, you may not receive any commission on that item.
You can also loose commission if the customer clicks on any other links before completing the prescribe. If they prescribe 30 of an item you promoting but click on something else then you have lost out on quite a large amount of commission.
Affiliate selling is a great way to earn money. However, before jumping in head first you want to read your terms and conditions carefully. It may be worth having an attorney look them over for you. You need to be aware of the many pitfall people fall into when they go into affiliate dealing. Read and understand your terms to avoid disappointment later.
Uchenna Ani-Okoye is an internet marketing advisor