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12 Tips For A Successful Affiliate Program
by Ken Hill
1. Look around at other competing businesses that offer affiliate
programs, and think of ways that you can make your affiliate program more
attractive.
2. Pay your affiliates well for their efforts.
If you're thinking about offering a 10% commission for sales of your
product and a competing business is paying a 50% commission for referrals,
you'll lose affiliates to your competitor.
3. Make your affiliate program more lucrative by offering residual
commissions.
This is an excellent choice if you offer a product that is paid for on a
residual basis such as webhosting or access to your membership site.
4. Offer lifetime commissions.
Your affiliates will see the power of lifetime commissions, and work hard
to promote your business and send you more
sales.
5. Make your affiliate program two-tier.
Reward your affiliates by giving them a commission on the sales of people
they refer to your affiliate program.
6. Don't leave your affiliates out in the cold.
Provide your affiliates with lots of sales items that they can use to
successfully promote your products.
Some items you could offer your affiliates:
- e-zine ads (sponsor ads, classified ads, 2 liners)
- signature file ads
- sales letters/solo ads
- brandable ebooks
- sample recommendations
- email courses
- your articles that they can reprint with their affiliate URLs in your
resource box.
7. Be quick to respond to your affiliates' emails.
An easy way to lose your affiliates is to not respond to their questions
in a timely manner, or to not respond to
their e-mails at all.
It shows that you don't value them, and since their are tons of other
affiliate programs, you would be losing potentially very good affiliates
to other businesses.
8. Provide your own tips and advice.
Follow up with your affiliates with tips and strategies that they can use
to increase their commissions.
9. Reward your top affiliates with higher commissions and bonuses.
You'll be able to achieve more sales over the long term because your top
affiliates won't jump to another affiliate program where their efforts are
more appreciated.
10. Publish an affiliate's newsletter.
Your affiliate's newsletter will help you to share your tips with your
affiliates, and keep them going in the right direction.
You could also use your newsletter to keep your top affiliates excited
about your program.
Some effective ways to do this are:
- Share what your top affiliates do to earn big commission checks.
- Showcase their sites and tell why their sites sell.
- List your 5 or 10 highest earning affiliates for the month.
11. Track your affiliates' sales accurately.
Your affiliates will find out if they send you customers and you don't
credit them with their commissions.
Your affiliate program will lose credibility and you'll end up losing your
affiliates as word gets around.
12. Participate in affiliate marketing forums.
Share your valuable advice and expertise with the members of the forums
you participate in.
Include your signature file that promotes your affiliate program, and
always follow the rules of the forums you join.
About the Author: Article by Ken Hill. Want To Start Your Own
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