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Hello Everybody. Michael here and today I want to take a look at one of the best forex affiliate programs out there. It is called Forex Mentor and it has just about everything you want as an affiliate marketer.
Keep in mind that this article is looking at the affiliate program for Forex Mentor and not the products they offer, although those products play an important role in determining whether this affiliate is worth promoting.
However, you will need to decide on the quality of the products and how they will work for your specific audience, so just use this evaluation of the Forex Mentor affiliate program as a starting guide to their partner program. You can find more information on Forex Mentor here.
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A Closer Look At The Forex Mentor Affiliate Program
- Affiliate Commission: 30%
- Tracking Cookie: 60-days
- Niche: Forex Training
- Affiliate Network: ShareASale
The Forex Mentor Affiliate Program Offers A 30% Commission
Most affiliate marketers consider the commission to be the most important part of an affiliate program. I disagree with that assessment I think conversion rate is ultimately much more important than the rock mission right.
That being said it is an important part of the affiliate program for the affiliate marketer. Your potential customers don’t care what the commission is and it’s not going to influence the way you create content for this particular program.
What it does do is give you the opportunity to build an online income using these affiliate marketing programs so you certainly want as high a commission as you can get. But you don’t want to promote products just for the commission. They need to be a good product and it’s something we’re going to get into a little bit later.
But for now, let’s talk about the Forex Mentor affiliate program commission. It is a very generous 30% commission.
The reason that the commission is that high is that they have a lot of digital training products that allow them to push the commission up because the overhead is a little bit lower than if you were dealing with a physical product.
The trade-off is that physical products tend to convert a little bit better. And the good news is that Forex Mentor does have some options to by training on DVD so that the consumer has something they can hold their hand and this helps reduce the return rate quite a bit.
The Tracking Cookie Duration for Forex Mentor
The tracking cookie duration for the Forex Mentor affiliate program weighs in at a very nice 60 days. The reason you want as long a duration cookie as possible is because it will enable you to increase your conversion rate by giving you more time to promote the items and have your audience decide whether or not they want to spend the money and purchase the product.
As a basic rule of thumb the higher the price of the product you intend to promote the longer the duration cookie you want. This is because the higher the price the longer the potential buyer is going to take to determine whether or not they want to buy that particular product.
Generally, anything over 30 days is considered to be pretty good. So the 60-day tracking cookie for the Forex Mentor affiliate program is particularly nice and should not hinder your affiliate marketing business in any way.
Don’t Overlook The Importance Of The Products
Forex Mentor Has a good amount of training modules and courses in order to teach people how to effectively Master Forex Trading.
It’s going to be incumbent on you, the Forex expert, to determine whether or not these products are going to be useful for your specific audience.
For someone like myself who is not a Forex Trader by any stretch of the imagination, the products look fine from the outside looking in. But that’s just a cursory look at the product.
You were going to want to really dig into the products to see if they’re going to be useful. Get your hands on them and review them if possible but really take a look at what they have to offer and make sure they are something that you’re comfortable with promoting.
Is Forex Mentor A Well Known Brand?
Forex Mentor has been around since 2003, making it one of the longest online training courses for forex trading. That type of longevity should not be overlooked when deciding on whether or not to promote this affiliate.
Being around for nearly two decades adds a great deal of credibility to their business and their products and is something that you definitely want to touch on when you are promoting their products.
Seek out reviews of their company and integrate them into your promotion content as a way of showing just how respected and well-known Forex Mentor is. But don’t shy away from any negative comments about them either.
You want to promote their products but you need to be fair and transparent in your promotion in order to maintain a level of trust with your audience.
Conversion Potential Of The Forex Mentor Affiliate Program
The conversion rate of any affiliate program is really the most important factor for the entire affiliate program.
All of the other factors that we’ve talked about from the products to the tracking cookie feed into the conversion rate and ultimately will determine how successful that affiliate program is for your specific audience.
So the conversion rate itself is very specific to your blog and your Niche. What we can discuss here is the conversion potential. There are some baseline things that you need in order to have the potential for a good conversion rate.
- You have to have good products that you are comfortable promoting to your audience. It’s up to you as the affiliate marketer decides on the specific products in how good they are for your specific audience.
- The tracking cookie is directly related to the conversion rate. As we talked about in the track and cookie section it’s important to find a decent enough tracking Gap so that you have enough time to promote the product and get a commission for it.
- Trust is one of the biggest influencers of your conversion rate. If you have a good trust level with your audience then you were going to get more conversions. In order to build that trust, you have to promote good products and be open and honest about your affiliate marketing business.
- The type of content that you place your thinks into is also going to have a big impact on conversion rate. Informational posts convert less that buyer intent posts.
With all of these things in line then you can go and run tests to see how well any particular affiliate program will convert.
In the case of Forex Mentor, you have everything you need to convert well with a Forex audience. But ultimately it’s going to come down to how well it resonates with your specific readership.
Bottom Line On The Forex Mentor Affiliate Program
That brings us to the end of our look at the Forex Mentor affiliate program. When you take everything into account this is a very good affiliate program to use on just about any Forex website.
Ultimately is going to come down to how well it converts with your specific audience but it is definitely worth running tests with and trying out to see if you can get it to work for your affiliate marketing business.
Make no mistake about it, however, borax is one of the most difficult affiliate niches to operate in. You were going to need to have a lot of patience working within this Niche regardless of how good this affiliate program is.
But with a little bit of hard work, some perseverance oh, and a little bit of investment end some affiliate marketing training you can build your own Forex passive income website.
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Thanks for stopping by and have a wonderful