Thursday, November 22, 2007

How To Market Your Affiliate Program Effecively

How you can get a high quality and targeted traffic to your website than through your very own affiliate opportunity that marketing for you and make you earn money without hard work of your own! Plus, you have dozens and dozens of other marketers promoting YOUR products s at no start-up cost to you, and on top of your own promotional efforts that you can bring in revenue

With this you can have a positive win-win situation. It will not be any cost for the affiliate to join, and you pay a commission only when a product or service is sold, and it's only a percentage of the actual sale price. You decide the percentage of affiliate earn when they sold the product. Be mindful, however, that you will need a clear plan of action and that the program should be unique and fill a niche. It is also time consuming to track all the affiliates manually, click through rate and return on investment. You will need affiliate automation software that handles the signups, click through, sales and tracking. A quick search from Google, yahoo or any search engines will find you several types of software and a wide price range. Find out what's right for your program that you can cut down the time using manually for your business, but always looks for software that have for features and benefits suit your business.

Now, you will need to select the type of affiliate to use, tier structure you wish to offer to your affiliates. With a single tier, you set a commission structure to pay your affiliates for any referring sales when the transaction of sales is make. With a two-tier program, you will also pay the same affiliate a percentage based on sales generated by those they brought into your program. Your affiliate will also benefit by recruiting members This type also offers more incentive to your "work force.” When a marketer signs up, you need to make it convenient for them to market your program with a the sales tools ready to promote your biz opp.

This could include banners, product images, text links or other ad copy. You may want to announce your affiliate program in a variety of ways: free for alls (FFAs), classifieds, ezines, forum joint venture, viral marketing and getting listed in affiliate directories. A word of caution: remember that it is the quality of your affiliates that will generates sales for you not quantity that are not promoting your programs. Quantity doesn't play into the picture of affiliates if they do not promote.

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