Affiliate Revenue Information |
|
Affiliate Marketing Nightmare - Dont Let This Happen To You!
Everyone knows that affiliates can make or break a company's success rate. Ken Evoy has a whole army of people motivated to earn click-through commissions on his Site Sell program. Marlon Sanders and Yanik Silver have made fortunes with (and for) their affiliates. "If you've got an e-commerce website," I was frequently told by my internet savvy friends, "you have GOT to have an affiliate program." I took that to heart. "Ok!" I said, and when I created www.ArticleMarketer.com, I made sure that I developed a compelling offer for affiliates. So what's the nightmare? Here I had created the perfect program for affiliates and what kind of results was I getting? None. Nada. Zilch. A big fat zero. There was no lineup of affiliates banging at the door. Has this happened to you? Is your affiliate program going nowhere? Here is the step-by-step analysis of what makes an affiliate program take off, and how my results were impacted by each one. Offer a good deal ? make it worth their while Affiliates will not promote your product because it "feels good". An emotional payoff might be sufficient for non-profit organizations or political campaigns, but that's not enough in the cold, hard world of e-commerce. Affiliates are looking for products and services that quickly convert to sale. Affiliates don't mind pre-selling your goods to their lists and visitors, but you have got to make it worth their effort. Don't be cheap. Give your affiliates a good deal. Unless you're selling Lear Jets or Rolls Royces, that 5% commission you are thinking about isn't going to get anyone excited about being your representative. How did I fare against this point? I nailed it. I made sure to offer 50% commissions and a lifetime customer program. Residual and recurring revenue are automatic. For any customer that one of my affiliates sends to my site, they get paid. Not just on the first sale either. They get paid every time that person spends money, renews a subscription, or buys something else. But evidently that was not enough. I had my program set up to offer a good, profitable deal for affiliates. So I moved to the next point: Provide personal service ? be responsive Affiliates are your business partners, not cattle to be herded. Treat them with respect, provide them with the tools they need to be successful, and be responsive when your affiliates ask for help, guidance or tools. In the end, it will make things better for you. Make sure you take care of your affiliates. Well I am a naturally outgoing guy, so I have a tendency to reach out to customers, partners and business associates. It's just who I am. I like people. I send email, write articles, post in the blog ? I'm a communicative guy. I've got my phone number on the site, and I personally answer my phone. So personal service couldn't be my problem. But still, why weren't people signing up to be affiliates? I moved on to the next point: Why You? It's likely that you're not the only company offering the chance to sell a product or service like yours. Give your prospective affiliates a reason to choose your program over your competitor's. Do you do it faster, better, cheaper? Why is it going to be easier and more profitable to sell for you than for someone else? Why do you deserve their attention? Why do you deserve the attention of their visitors? With 20 years of direct sales under my belt, I certainly know how to craft a presentation to crush my competition. I put direct comparisons to other article submission services right on my home page. I created an instructional video to make it easy to submit articles. Audio prompts explain every step of the way. I have a long listing of places that articles are submitted. There is no reason someone would want to do article submission on their own (because it's tedious) or with any of my competitors (they don't have the reach, and their prices are exorbitant) so I knew that there was no problem in this area. So I moved on to the final point. Promote! Promote! Promote! You have to be as diligent in promoting your affiliate program as you are in promoting your products. You have to let people know that you've got a great deal for them. You must let people know that you have an affiliate program, you must provide tools, banners, graphics, articles, ads, and links that they can use to drive traffic to your site. This was my problem. I was suffering under a "If you build it, they will come" delusion, and it almost killed my response. I didn't even know how hidden my affiliate link was, until I had a conversation (remember, I'm a talkative guy) with a new affiliate. She was an existing customer. She had been to the site, pored over it, in fact, and had asked questions. She had used our services, so when I asked her what prompted her sudden interest in joining the affiliate program, I was shocked by her response. "I didn't even know you were set up for affiliates until I read it Michael Campbell's Internet Marketing Secrets newsletter. (www.internetmarketingsecrets.com) When I saw that he was telling people how great your service was, I said, "Hey, I can do that!" So it wasn't until I started promoting the service that I discovered how important it is to promote the affiliate program as much as it is to promote the article submission service itself. To ensure that it's easy to find, I have moved the affiliate link on my site. It's now prominently displayed right in my main navigation and clearly marked "Become an Affiliate". I hope that you'll take this story to heart and implement these four techniques. Start by adjusting your program, make sure you talk with your customers, check your value proposition, and then begin trumpeting your affiliate program from the rooftops. You'll see a quick improvement in your affiliate sign ups! Chris Ellington gives effective and easy to implement marketing strategies to small business owners and home business entrepreneurs. His Article Marketer website drives thousands of targeted web visitors to your site by distributing your articles to editors and publishers around the world. Try it for free at http://www.ArticleMarketer.com.
|
RELATED ARTICLES
5 Strategies to Boost Your Affiliate Sales Are you promoting affiliate products? Choosing a Niche Market to Promote ? Affiliate Marketing I think it truly goes without saying that there are some niche markets that do incredibly well, some that do "ok" and others that just totally flop. 8 Ways To Promote Your Affiliate Products Many affiliates fail in affiliate marketing because they limit their marketing strategies to placing referral links in their web sites, distributing links to business sites through multiple emails or posting their links to other web pages. Doing any of these alone would not guarantee sales and thus, your commission. How To Start Your Own Affiliate Program 1. Why Start Your Own Affiliate Program? Affiliate Marketing Assets - Things You Need In This Business There are millions of ways to make money, particularly in the internet. But with the new internet marketing technologies developing daily, sometimes the choices may seem confusing. Many people find themselves what type of business is best and right for me? Choosing the Right Affiliate Program Requesting information on an affiliate program is an open invitation to receive never ending submissions to your email account. It can be overwhelming to look at. You may feel as if you have been invaded. It can frighten a person into hitting the delete button very quickly. HOW DO YOU SORT THROUGH AND MAKE SENSE OF IT ALL? How do you know which programs really work? Following is a list of things to think about prior to choosing an affiliate program. Internet Affiliate Business: 5 Ways to Grow It Organically Growing your internet home business organically means there are similarities to organic farming. An organic farmer knows that if he develops healthy soil, he will have healthy plants. He also knows that "to every thing there is a time and a season." You can't harvest in the spring, or plant in the winter. Affiliates: 3 Things You Should Own Though You Dont Own A Product. 1. Your Own web site: Are You Making These Costly Affiliate Mistakes? There are many ways to generate sales, but there are also ways to ensure your affiliate marketing will fail. However, many marketers make these mistakes without realizing they are actually running away sales! 5 Mistakes to Avoid When Choosing an Affiliate Program When people decide to join an affiliate program to make extra money, or to have a full time job, they often do so with illusions and no idea of how the affiliate program actually works. Read the following top 5 mistakes people make when it comes to choosing an affiliate program and avoid these mistakes at all costs. Then, you will be able to be more effective and make more money for your time, so it is definitely worthwhile to read these warnings and avoid them. Making Money Online With Affiliate Programs If you are like most work from home internet business owners you want your web site to be making you as much money as possible. The choice of affiliate programs that you choose to promote on your web site will determine how much money you actually make, and the options to you are endless. There are so many affiliate programs on the internet promoting almost everything imaginable its mind boggling. Can You Really Make A Substancial Income With An Affiliate Program ? Affiliate Program are the easiest way to make a substancial income on the internet. Why 95% of Affiliate Websites Lose Money - And To Avoid The Pitfalls Affiliate marketing is an agreement between two websites in which one site (the affiliate) sends traffic to another site by means of advertising or content. Using Google AdWords For Affiliate Selling While many people may have you believe otherwise, selling online is not an easy thing to do. Coming up with a great domain name, setting up your website, integrating the whole lot with a payment processor, getting inventory, handling shipping, the list goes on. 8 Reasons Why Affiliate Marketing is the Better Option Many people are confused when they first become iterested in internet businesses, they find themselves asking what type of busisness is best for me? Affiliate Marketing Tips If there really is a big secret at all, it undoubtedly would have to be: "work hard." We hope that the information provided here helps you get rolling down the road to affiliate marketing success. We also hope it will save you a little time and money in the process. Some of the below suggestions are pretty obvious ones, but sometimes it's nice to have someone else tell you that the obvious answer is a good one. 9 Ways to Catapult Your Affiliate Marketing Career Affiliate marketing involves the promotion of a website by a person known as the affiliate. He is the one who acts as the middleman between the merchant and the customer. The nature of an affiliate's job is to advertise and promote a merchant's website through his own. Make 100% Commission on Your Affiliate Sales! If you've been involved in making money on the internet, you will no doubt have tried affiliate marketing at some point. For the uninitiated, affiliate marketing is the process of selling another person's product for a percentage of the product cost. This is a great way to get your internet marketing efforts up and running quickly and generate some instant profits, you can refer prospects to a sales page using Google Adwords within a few hours or by ezine advertising in a couple of days. Tracking Phone Sales Is Important To Your Affiliates Today the majority of affiliates are looking for compensation when your customers call in their orders by phone. One of the first things they will look for when thinking about joining your affiliate program is to see if you have an order phone number on your site. If you do not offer phone commissions you are most likely losing out on affiliates. Affiliate Product Reviews - An Ultimate Selling Tactic If you truly want to generate sales, one great way to do so is to create separate web pages for each of your affiliate products and include reviews of each product. Pictures, of course, speak a thousand words, and a picture of each product is very important to closing the sale. |
home | site map |
© 2005 |