How To Start Your Own Affiliate Program
1. Why Start Your Own Affiliate Program?
Multiple web sites and distributors selling your product can result in increased sales and profits. Unlike conventional advertising, affiliate programs pay only for performance. Commissions are not paid out unless sales are made.
Also, with many more web sites linking to yours, your link popularity is sure to increase in search engines, resulting in additional traffic and income.
2. Combine a Merchant Account with Your Affiliate Program
If your product is downloadable (such as electronic books or software), you might consider ClickBank.com. For a $49.95 initial fee, you can process credit cards and on-line cheques for $1.00 per transaction plus 7.5% of sales. As an added bonus, you have your own built-in affiliate program.
ClickBank gives you a listing on their web site and visitors can buy your products and join your affiliate program. You choose the commission rate you are willing to pay. All commission payments are handled by ClickBank. One downside is that you can`t run a two-tiered program.
3. Use an Affiliate Program Script
If you are comfortable with running CGI scripts, you may wish to install your own affiliate program on your server and administer the affiliate program yourself.
Be forewarned, though, that this is a lot of work. You will be responsible for all the testing, security, commission payments, promotion and so on. Another downside: Will your potential affiliates trust you since their commissions are not tracked and paid by an independent third party?
4. Use a Hosted Solution
There are good reasons for not hosting your affiliate program on your server. Perhaps you don`t have the time to administer all the aspects of an affiliate program. Maybe your time could be used more productively in other areas of your business. Additionally, an independent third party tracking and paying affiliate commissions inspires confidence in prospective affiliates. Finally, you just might benefit from the additional exposure that an affiliate network brings you.
ClixGalore.com is an example of an affiliate network. You will need to pay a $75.00 deposit to cover affiliate commissions. They charge 25% of any affiliate commissions paid. For example, if you paid an affiliate a 10% commission on a $100.00 sale, you would pay the affiliate $10.00 and ClixGalore $2.50.
With ClixGalore, you can also have a two-tier program. Taking the above example, if you paid affiliates for finding other affiliates, you might pay 2% on your second tier. That would be another $2.00 commission and $ .50 affiliate network fee for a total of $15.00 in commissions on both levels.
5. For All Affiliate Programs
Setup your own web page (or pages) outlining the benefits of your affiliate program. Offer articles, suggestions, text and banner links, and other useful support for your affiliates.
Offer a generous commission so that others feel motivated to sell for you. Obtain the e-mail addresses of your affiliates so that you can keep in touch with them to aid them to sell more.
For increased traffic, sales and profits, start your own affiliate program.
RESOURCE BOX
J. Stephen Pope, President of Pope Consulting Inc., has been helping clients to earn maximum business profits for over twenty-five years.
For profitable Work at Home Small Business Ideas, visit http://www.yenommarketinginc.com/
For more information about affiliate programs, visit http://www.yenommarketinginc.com/affiliate.html
Latest News
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Rally Software Awarded Affiliate Company of the Year by ... MarketWatch - (R), the Agile lifecycle management leader, was awarded the 2008 Affiliate Company of the Year by Entrepreneurs Foundation (EF). Rally was selected for this ... |
New Relic Launches Affiliate Program PR Web (press release), WA - Eight companies and one Rails community user group have already joined the program as charter affiliates. The charter affiliate companies are Atlantic ... |
PubEasy Adds Southern Book Service as New Affiliate Partner MarketWatch - As the newest PubEasy affiliate, the company will now be able to offer their customers the ability to check price and availability on various book titles, ... |
T-Shirt Monster Launches Affiliate Program for Web Owners and Blog ... Emediawire (press release), WA - T-Shirtmonster.ca, Canada's leader in online T-Shirt customization, launches it's Affiliate Program for blog publishers and website owners looking to ... |
Vaporizer Store - VaporNation Announces Vaporizer Affiliate Program 1888 Press Release (press release), TX - VaporNation.com presents Vaporizer Affiliate Program. It is a program that helps in developing a network and earning in the process. ... |
CJRW and Burson-Marsteller Sign Affiliate Agreement MarketWatch - CJRW is currently Burson-Marsteller's only US-based affiliate. Through this relationship, CJRW clients will have access to Burson-Marsteller's global ... |
Court blocks Sprint Nextel affiliate iPCS’s motion to delay WiMAX deal Bizjournals.com, NC - s $14.5 billion WiMAX deal can continue — for now — without trouble from affiliate iPCS Inc. An Illinois circuit court said Monday that iPCS must withdraw ... Sprint affiliate backs down in Wimax case Clearwire Path Clears OMS: We are not a telco, says Xohm |
Purdue Research Park Affiliate Company Launches Educational ... MarketWatch - The new program is available from Computer-Aided Learning LLC, which is an affiliate company of the Purdue Technology Center of Northwest Indiana. ... |
The Whitlock Group Achieves IOCOM Preferred Affiliate Status MarketWatch - With this Preferred Affiliate status, The Whitlock Group has enhanced flexibility in using IOCOM's products to deliver sophisticated videoconferencing ... |
Resources
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