Affiliate Revenue Information |
|
Generate More Sales in ANY Affiliate Program ? Part Five
Affiliates make money in pretty much two ways, firstly by direct sales (straight forward, no need to elaborate on this) and secondly by commissions from on-selling. In this article I will be focusing on the affiliates, better known as your down line, your team, your partners, your network. There are several different types of affiliates, the elusive Super Affiliate, Active Affiliates from Direct Sales, Active Affiliates who On-Sell and inactive affiliates. The Active Affiliate from Direct Sales are the ones who join up under you and maintain their subscription to the program/service but don't on-sell to others. Giving you Direct Sale Commission. The Active Affiliate who On-Sell's are the ones that provide you passive income giving you a percentage of their sales, this is known as TIER income. It is estimated that less than 5% of your Active Affiliates from Direct Sales will become On-Sellers. However, in saying that, the higher the commission on the product/service the higher percentage rate for Active Affiliate from Direct Sales to become On-Sellers. So, lets look at a scenario, 25 Active Affiliates join under you, selling web hosting and you get $10.00 per direct sale as commission per month, assuming the Active Affiliate maintains their subscription. That's and extra $250 a month in your pocket. Not a lot of money, BUT if you repeat this process in 9 other programs then your monthly income increases to $2500.00. If the program being promoted is a necessity i.e. web hosting, auto responders etc, it is likely the Active Affiliate will maintain their subscription. However if the program is not a necessity item such as an ebook or similar then it is unlikely the affiliate will maintain their subscription, so choose affiliate programs wisely. Dedicated Active Affiliate On-Sellers are a picky group that require a lot of maintenance, online support and regular contact. The product/service has to be lucrative for them to on-sell, with at least a 4+ tier system for it to be worthwhile. Unless you have the time and money to invest in On-Seller's then my suggestion today is for you to go for width not depth, and then duplicate it many times over providing Multiple Streams of Income. The last article in this series will focus fully on ACTIVE AFFILIATES and how to get them. Till then to your online success! About the Author: Gillian Tarawhiti, is Founder and CEO of Community Training Centre, an Internet Marketing firm providing Online Training and Support to the new and not so new netpreneurs. Gillian is also the author of eBay Billion Dollar Goldmine and the creator of the Multiple Ripple Effect System, © 2004 Permission is granted to reprint this article in print or on your web site so long as the paragraph above is included and contact information is provided to http://www.millionairerippleeffect.com
|
RELATED ARTICLES
How To Earn Residual Income The Lazy Way I've got a confession to make... what I am about to reveal is the way I started out my Internet Marketing career. Affiliate Marketing - Join in on the Success of the 2nd Wave What do I mean by '2nd Wave'? Let me explain: Affiliate Product Landing Pages - Three Tactics That Sell As competition within the online affiliate sales arena rises to a fierce boil, affiliate sellers expecting any degree of success must first find effective methods to set themselves apart from the crowd. Online Business Entrepreneur? What You Must Know About Your Affiliates As an on-line business entrepreneur it is your job to bring affiliates into your down line. But that's an oversimplification of what your job really is. Bringing people into the business as new affiliates is like taking attendance the first day of a University class in Archaeology. Most of the students aren't sure why they signed up for the course and most of them don't have a clue what the course is about. All they know is that someone advised them to enroll in it or another student who took the course previously said, "if you take this class you'll really like it." A Wake Up Call To Always Remember I received two emails this weekend. Both were as a result of autoresponder follow ups these people were receiving from my business. Affiliate Programs... A Not THAT Easy Start To Your Own Online Business "Where is all the help I'm supposed to get. I have been buying ezine and classified ad builders and signing up for Echecks and Virtual credit cards. In the meantime I have no business and no ads set up. When does all this happen? Let's go here. I spent all day on this. I'm running out of time." Starting an Online Business - Affiliate Programs Make it Easy If you have been longing to start a business online you may be coming across terms you've never heard before. You may also have found the opportunities available are overwhelming. Where do you begin? Working With Affiliate Programs Everywhere you look you see affiliate program offers forevery product or service that you can think of. Some havefully automated systems that sell high volumes of hardproducts all over the world. In case you don't know, "hard"products are those that you can touch...unlike an ebook ordownloadable web template. Many affiliate programs haveseveral thousand affiliates and one or two of the biggercompanies have over one million affiliates. :: How To Succeed With An Affiliate Program Affiliate Programs have exploded on the internet. Thousand of people join them every day. Amazon.com is probably the best example of such phenomenal success. 10 Things WalMart Teaches About Affiliate Marketing We already know about wal mart because of their ads in local papers, on billboards, on the radio and TV. So finding a local Wal Mart is easy, and so should it also be easy to find your web site. Although you may not need to use radio and TV advertisements, you should still use offline promotion such as business cards or direct mail. Naturally, you want other web sites to put your billboard ad onto theirs. So that's our first lesson on how Wal Mart can teach us effective affiliate marketing. Now let's visit a Wal Mart store. Once we arrive at Wal Mart, we enter a huge parking lot. Your web site must also enable a lot of visitors. If your site is on a slow server, you may be losing customers. That's lesson #2. As soon as we enter Wal Mart, we are welcomed by a Wal Mart greeter. This greeter not only welcomes us to the store, but also offers help in pointing out where to find what you're looking for. That's lesson 3a and 3b. Your site should welcome visitors and provide navigation to all the products and services you offer. You can do this by simply including a graphic on your page that says "Welcome, Click Here to find what you're looking for" and have that link go to your site map. Beyond the greeter is a wide path that branches out to different areas of the store with banners overhead that tell you what you can find in those areas. Your site map should consist of main links, as well as sub-links to corresponding pages. Now we get to lesson 4, that each page of your site needs to have a topic, a main header, that defines what each page is about, as well as provide links, pathways to corresponding pages, because you'll notice that Wal-Mart arranges their store to group products that are similar. The hardware section is near the automotive center, housewares are near food items, lawn and garden items are near the hardware and pet supply areas, etc. But you can still get from one area to another. As you browse the shelves, you see more than one type of item. If you're in the grocery section; for example, you'll see many different types of beans. Canned beans, dry beans, even beans from different companies. That's lesson #5. You should offer your site visitors more than one choice. If your site offers auto loans, for example, offer your visitors new auto loans, used auto loans, even auto refinancing loans. And, you may want to offer them more than one choice for each type of auto loan. Afterall, visitors came to your site because they are shopping around... so let them shop and choose from multiple options. Just remember not to stick cheese products in your automotive section! Another thing you'll notice as you browse the shelves, which leads us to lesson #6... although the shelves are stocked full, it's still easy to pick out your favorite can of beans. This is because the shelves are stocked neatly and orderly. The ads you put onto your site should also be neat and orderly. Mixing in tall banners with short banners and having banners for totally different products and services can make shopping your site more difficult. For example, if you have a page about auto loans, you wouldn't want to put a tall auto loan banner right next to a short casino banner. Instead, put a tall auto insurance banner next to the tall auto loan banner. As you roam the store, you frequently encounter employess who can help you find items. This goes back to lessons 3a and 3b. Each page of your site should have a help link to your site map, or you should have a site search. Since Wal Mart makes it easy to find an employee to ask for assistance, that leads us to another lesson: Does you site offer customer service? Can visitors click on a button to ask you questions before they make a decision? Or do they simply exit your site? Lesson #7: How many times have you heard announcements in Wal Mart? They frequently announce specials over their public address system. We are not suggesting that you force visitors to endure slow loading sound files. But you can make sound an option. To see how you can use this marketing option, go to www.geocities.com/pulsarmarketing We have an example there on how you can offer your visitors the option to hear your audible promotion without forcing them to listen and making your pages load slow. All you have to do is create a wav sound file, and launch it by using a graphic or text link such as: "Click Here to listen to our promotion". The personal touch of a person's voice on your site can help increase your conversions. But don't force the loading of sound files. Instead, use the method we recommend at the URL below: www.geocities.com/pulsarmarketing Another thing you can do to tell your site visitors about specials or new products and services your site offers, is to offer them a free subscription to your newsletter. Now that we've toured Wal Mart and we're ready to make our purchase, we know our way to the checkout counter because Wal Mart makes it easy for us. That's lesson #8. Your site needs to make it easy for visitors to purchase. If you do not provide any of your own products or services and strictly use affiliate programs, you need to make sure your relevant banners and text links are at the top of the page, clearly and readily visible, to the people visiting that page. When we arrive at the checkout counter, besides asking us if we want paper or plastic and if we will be purchasing with cash or credit, the cashier asks if we found everything we needed. That's lesson #9. Make sure you offer your site visitors more options when they checkout. And, once again, if you do not directly sell your own products or services and you strictly use affiliate programs, you can offer your site visitors two links to click on: One link that opens the offer into a new window so the person may continue browsing your site after they are done applying or buying from your sponsor, and another link that simply goes directly to the sponsor in the same window. Think we're done learning from Wal Mart? No. After we make our purchase, and even after we go home, there's lesson #10... the return policy. If you sell your own products or services, you need to assure your visitors that you stand behind what you sell, and make your return policy very clear. If you do not sell your own products and services, does your site have a way for customers to resolve problems, or to ask pre-sale questions? If not, you may lose customers to sites that do provide online customer service. Adsense: How to Make Money With Ads by Google The chances are that you've seen "Ads by Google" on a variety of websites and perhaps wondered what they were all about. The fact is that you can probably get "Ads by Google" on your own site and if you do, you can look forward to getting paid by Google. How to Become a Super-Affiliate Did you begin your affiliate marketing business like this? You surf the internet looking for an internet marketing product you can affiliate with and sell (even though you know nothing about internet marketing), sign up for the program and get your link, and then visit traffic exchanges and safelists, advertising your affiliate site. At the end of the day, week, or month, you wonder why you didn't sell one product. How To Build Your Sales You may have heard of joint venture marketing, It's used frequently by savvy entrepreneurs to increase profits and add loads of prospects to their customer list. How To Make Money On A Music Website Through Affiliate Programs? Do you find yourself looking for a way to make some extra money? How about creating a website on something that everyone includes in their life, Music? The opportunities are endless and what's great about it is that you can make money on it while you're eating, sleeping, or just sitting around watching TV. Affiliate Program Intro What is an affiliate program? Everyone who surfs the web has come across affiliate programs. You may have seen a banner on a website that says, "click here", and once you do, you get access to whatever's being promoted. Or you could click on a link in an email you've received. You're using someone's affiliate program. Understanding Affiliate Programs Affiliate programs are commonly misunderstood, in order to understand affiliate programs lets start with terminology. For clarification purposes, an affiliate is defined as any "referrer" or website that promotes a product in an effort to earn revenue. A merchant is defined as someone who owns a product and is sharing revenues with an affiliate based on the affiliate's performance. Affiliate programs can drive targeted traffic to your website. The Key To High-Volume Web Sales The quickest way to achieve high-volume sales on the web is to set up your own affiliate program. The Best Affiliate Programs Increase Your Website?s Earnings Potential Taking full advantage of your website's earning potential is as simple as making use of the best affiliate programs available on the Net. Business websites and personal websites can both use affiliate links to earn additional revenue and make the most of their webspace. You'll find that the best affiliate programs on the World Wide Web have some of the biggest names on the Net as potential partners and commission bonuses that you wouldn't believe. You Have to Spend Money to Earn Money It surprises me that many people fail to grasp this concept as they first set out to start their own businesses. Thanks to the power of the Internet, anyone who has a computer and an Internet connection can now START their own online businesses with little investment. However, generally speaking, it is a given that you have to invest money into your business to if you seriously want it to grow. Tips For Marketing Your Affiliate Business Not all Home Business Entrepreneurs are experienced enough to produce their own product, so most of us 'would-be-entrepreneurs' become affiliates, marketing someone else's products and opportunities. That is nothing to be ashamed of. Lots of people make a really great living doing it, and so can you. |
home | site map |
© 2005 |