How To Create A Profitable Affiliate Program
Topics: affiliate programs, free traffic, Internet marketing, affiliates, get traffic, site promotion
Your affiliates are in the Internet marketing business just like you are. And like you, they can only stay in business if they are generating cash. So be generous. The more money you help your affiliates earn, the more profit you’ll see on your own bottom line.
You can help your affiliates earn more money with you than with your competition by doing four different things.
First, increase your selling price. Granted, the usual way to beat your competition in price is to lower your own, but think about it. If potential affiliates have the opportunity to make a 50% commission on a $19 ebook your competitor is selling or a 50% commission on $39 ebook you are selling, which one are they more likely to choose? You, of course!
You can’t just inadvertently increase your price, though. You’ll need to increase the value of your product to justify the higher cost. Ways to do that include adding bonuses or extra content.
The main idea here is to give your affiliates a greater profit per transaction, so do whatever it takes to make your price increase worth it.
Second, increase your commission percentage. Since the standard rate is 50%, increase your rate to 75%. That’s what the top-ranked affiliates in Clickbank offer. One of the main reasons they are at the top is because a HIGH commission percentage gets attention.
Before you start to panic at the thought of making a mere 25% from every sale, consider three things:
One, if you followed step one, your price is higher. That means you’d be making about the same amount of money if you kept your price lower and only offered a 50% commission. Two, with a 50% offer, you make 50% of a few sales from a few affiliates. And three, with a 75% offer, you make 25% of a LOT of sales from a LOT of affiliates.
Also, you only have to offer a 75% commission on your front-end products. You have the flexibility to lower the commission rate on your backend products to maintain your profit margin. The main purpose of that high front-end percentage is to attract the maximum number of affiliates into your program to promote your products.
Third, increase your visitor value. The way to increase your visitor value is to constantly test, refine and improve your sales process. This enables you to convert more visitors into paying customers.
When the traffic your affiliates bring to your site converts into sales, they receive an email notification. Every email they receive motivates them to bring more and more traffic your way.
Finally, increase the chances of making a sale. By establishing a strong customer path that gives your customers many opportunities to buy from you, you give your affiliates more opportunities to earn a commission:
–Up-sells: Offer a more valuable product to your customer on the order page. Give them the chance to spend $97 with you instead of the original $39. If they choose the higher-ticket item, your affiliate earns an extra commission.
–Down-sells: For visitors who opt not to purchase your $39 item, offer a less valuable product to entice them to buy something. A commission from a lower-priced item is better than no commission at all.
–One-Time Offers: After your customer completes the initial purchase, immediately entice them to buy from you again by taking them to a sales page with a one-time offer for a premium product. Your affiliate then earns a commission on that sale, too.
–Backend Offers: Stay in touch with your customers and lead them through your sales “funnel.” Then every time they buy something else from you, the affiliate who initially referred them receives a percentage of the sale.
When you make your program profitable for your affiliates, they’ll be motivated to drive more and more traffic to your site.
Glen Hopkins specializes in teaching struggling entrepreneurs how to turn their small Online businesses into thriving money machines all while working less and earning more. To get more information including Free Reports, Videos and CDs visit: www.GlenHopkins.name
Previous Articles Highlighter:
Seven Ways To Find Affiliates To Promote Your Products (1)
Here are seven ways to do just that. First, start by subscribing to lists in your niche. As you "plant" your name on these lists, pay special attention to the product launches and reviews.
Sick Of Harassment Marketing (2)
It was not working for me. I felt something was missing. After reading and searching, I found out that I was lacking two important skills in multilevel marketing.
Search Engine Optimization Is A Serious Marketing Approach (3)
When people use one of the top search engines, they are presented with a mixture of paid results and organic listings. Those doing the searches are nine times more likely to click on the non-paid search results, which is an excellent illustration of why search engine optimization is so important and powerful.
Increasing Online Sales By Increasing Trust (4)
Right now my business does on average $50,000 per month in online sales, which means if I could increase my sales by 14% I would see an extra $7,000 per month.
What Makes A Good Article? And Who Says? (5)
The key? Knowing what publishers want! Tiva Kelly works with Article Marketer authors to teach them what publishers really want. Read the Best Practices Guide to Article Marketing (www.articlemarketer.com) Then distribute those articles via Article Marketer's one-touch submission service.
Choosing Your Article Content Keywords For Optimal Search Engine Indexing (6)
Remember, these shoppers can't hold or examine the merchandise so they want to find out about them fist hand before they actually buy. When they do decide to buy, they have a specific idea in mind.
What Are Web Directories For? (7)
The owner or promoter of the URL often pays a small submission fee to the directory to place his/her URL. In return, the payee hopes to gain some direct traffic from this directory and to improve the visibility of the website.
7 Ways To Boost Book Sales With Easy Online Book Marketing (8)
Some never break out of this daunting cycle. They don't experience the flow of good sales for they never learn to grow their sales with consistent marketing. A mentor friend advised me, "To create daily sales, you must market daily." Here are some easy online marketing tips to include in your marketing plan.
Site Rubix Website Builder: Virtual World Reloaded And Revolutionized (9)
This article you're reading right now, for example, exists not only as words spun in the English language but also as HTML spun into a website page. Because it is on the Internet anyone can read it at any time from anywhere in the world.
Targeted Website Traffic - For Your Success (10)
What if they do not know whether -rearview- is assumed to be one word or two? You want the money from the -rear view mirror dice- individuals just as much as you want the others.
Targeted Traffic With Pay-Per-Click Advertising (11)
Topics: online business, traffic, ppc advertising, online advertising, income, build a website, ppc, ad campaign As you may or may not already know, one of the most important parts of online business is traffic.
EBook Writing Tips To Prepare You To Write (12)
2. Will the information in your book be useful to your readers? 3. As eBooks are problem solving nature, does your book solve your reader's problems? Hopefully you can answer yes to all of these questions.
Ignite Book Sales With Easy Internet Book Marketing (13)
Make a calendar that specifies what marketing activities you will do, in what frequency and the deadline. This way, your marketing becomes a part of your regular routine and not an interruption of real work.
Quality Articles With Strategic Keywords = Page Rank Happy Search Engines (14)
The key to writing good SEO articles is to be true to the subject at hand. Make sure that your SEO article contains relevant information and a substantial proportion of keyword scattered throughout the article.
What Affiliate Marketing Mentors To Follow And Why? (15)
This may even require you to sign-up with numerous affiliate programs just to determine which merchants performs well. Another misconception, that affiliates have about this kind of business, is that they expect to gain more if they place about 20 affiliated banners on just one niche.
The Different Types Of Affiliate Marketing (16)
Aside from these three specific types of aff. marketing, a lot of other affiliate marketing types exist. If the classification is based on the depth of the affiliate network, it can be classified as single-tier, two-tier, and multi-tier affiliate marketing.
SEO Tips That Work (17)
Detailed About Us page will also give visitors clear view of what the website is all about and what it can offer. Also, register your website with BBB and TrustE.org.
Entertainment RSS Delivered Straight Into Your Homes (18)
This saves you the time and the trouble of having to scour the net for the information that you're looking for. It is easy to subscribe to entertainment RSS feed, just click the button that indicates the RSS feed.
Building Your Opt-in List With EBay (19)
You can set a minimum price and sell multiple items at $.99 each; therefore, you are essentially giving away these particular ebooks and small reports, which provide useful information to your buyers.
Website Design Strategy: Pros & Cons Of Flash-Based Sites (20)
Flash is a lightweight option for animation because it is vector based (and hence smaller file sizes) as opposed to real "movie files" that are raster based and hence much larger in size.
Newer Articles Highlighter:
How To Attract Affiliates Via Directories (1)
You can start with Google. By searching the Google directory for affiliate programs, you can view an index of all such programs. Since they're ranked in order of popularity according to their PageRank system, just start at the top and work your way down.
The All-Time Best Traffic Source (2)
Glen Hopkins specializes in teaching struggling entrepreneurs how to turn their small Online businesses into thriving money machines all while working less and earning more. To get more information including Free Reports, Videos and CDs visit: www.GlenHopkins.name
How To Create Your Affiliate Center (3)
--Email sales copy for sample AUTORESPONDER messages. These messages will be included in your affiliates' autoresponder series to make their incoming sales evergreen. Instruct them to add at least TWO messages to their series to maximize the profit potential.
How To Recruit Affiliates (4)
Then register the name of the program as its own domain so that it becomes its own exclusive site. If you don't want to do that, though, you can host your affiliate center on your existing site.
How To Educate Your Affiliates (5)
Of course not! You'd spend time teaching them how to promote your products so they would know exactly what to do and what order to do it in. The same principle applies here.
The Seven-Step Formula For Writing To Prospective Affiliates (6)
And keep your focus on the benefits for the prospect. Let him know exactly how he will profit from joining your program: commission percentage, profit per transaction, conversion rate, etc.
Using The Power Of The Press To Generate Free Online And Offline Traffic (7)
Which is why they want business owners like you to submit press releases to them. Journalists are like most people. They're lazy. They'd much rather have a story come to them than exert the energy to track down stories to print or air.
Combining The Ingredients To Create A Great Press Release (8)
Dateline: this includes the city you issue your release from as well as the date you mail it. It appears as the first part of your lead paragraph. 4.
How To Start A Home Business With A Small Amount Of Money (9)
If your web site yields a lot of hits, you'll most likely realize a handsome income from these affiliate marketing programs. There are also some great programs that are mlm or multi-level marketing programs.
Where To Find Hot Selling Products To Sell (10)
Topics: product-creation. find-hot-product, bestselling-product In order to locate products that sell online, we need to understand what people already want to buy. Finding a good choice of idea or product is always accompanied by interfacing the demand for the product in the current market and the level of competition or market share that the product will be having in the long run.
The Secret To Off-the-Charts Marketing Success (11)
Spin your own ideas off the following: If you're a hotel, host a "fastest employee contest" to feature your housekeeping staff competing to see who can make a bed the fastest.
How To Get Your Affiliate Program Noticed (12)
It's hard to get confused when your instructions say something simple like "copy, paste, point and click." Four: Are the products offered valuable? Despite the abundance of information products available, many simply aren't that good and thus lack value.
The Five Ingredients Of Every Great Press Release (13)
The basic content should remain the same no matter which publication you are submitting to, but your story is more likely to get picked up if you tweak each release to the target market of the publication you are submitting to.
Business Opportunity Affiliate Program (14)
Your selection of affiliate marketing programs should have the capacity of offering detailed status. Your chosen affiliate marketing programs that are available online anytime you want to check them out.
Don't Sign Up With Any Web Host Until You Listen To This... (15)
Topics: web hosting, domain names, domain name, web site, web design, domain name registration, free web sit Are you taking a chance or making a choice with web host to build your business?
Is It Possible To Do An MLM Business Opportunity At Home? (16)
Many people are blinded by all the benefits of an MLM when determining if this type of business is right for them. You do not need to have a college degree or any experience to get into the industry.
The 3 Questions You MUST Answer Before Buying A Web Hosting Account (17)
Topics: web hosting, domain names, domain name, web site, web design, domain name registration, free web sit Never think that the phrase Web Host belongs only to computer geeks. Even a non IT techie like you can seek web hosting service to your business success.
Search Engine Optimization Google Style (18)
All is revealed about making your search engine optimization google friendly at Mike Selvon SEO portal at searchengineoptimization.micronicherecommends.com. Don't forget to leave a comment at our blog at www.mynicheportal.com.
The Things To Look Out For In An MLM Business Opportunity (19)
How much control of your new business will you have? Be clear on who owns the business, and who controls the way it is developed and marketed. You may want to diversify your product offerings in order to avoid being at the mercy of a "head office".
How To Use Two Tier Affiliate Programs To Your Advantage (20)
But let me tell you the benefits you could get out of two-tier affiliate program. First, your profit will increase due to increased sales from the customers that your second tier has referred.