10 Tips To Help You Create Your Own Money Making Affiliate
Program
1. View your affiliate program as a partnership between you and
your affiliates, and make it your priority to develop good
relationships between you and your affiliate sales force.
2. Answer any questions your visitors or affiliates have about
your affiliate program in a fast and friendly manner.
Remember that nothing will turn your affiliates or visitors off
of your affiliate program faster than an unanswered email. Your
affiliates must know that you take them and the effort they make
to promote your business seriously.
3. Track all of your affiliates' sales accurately and fairly.
Your affiliates should be able to earn commissions on their
referrals even if their referral comes back months, or even a
year later and makes a purchase.
4. Save time and money by making your affiliate program, like
your business, as automated as possible.
Your affiliate program software should allow you to
automatically notify your affiliates by email whenever they've
made a sale, referred a new affiliate if your affiliate program
is two-tier, as well as show your affiliates how many hits,
sales, and commissions they've generated in real time.
5. Attract more affiliates by paying a high commission, offering
a two-tier commission structure, paying commissions on repeat
customers, or by giving your affiliates the opportunity to earn
residual commissions if you provide a service that is paid for
on a subscription basis.
6. Give your affiliates plenty of resources that they can use to
promote your products.
This could include your own marketing courses that your
affiliates can give away to their visitors or subscribers, ad
copy that you've found has produced sales for you, ebooks that
they can rebrand with their affiliate URL, or sample
recommendations of your products.
7. Publish a newsletter for your affiliates that gives them tips
on how to best promote your products, tells them of any sales or
promotions you have running, and that reminds them of the
resources you've provided for them to promote your products.
8. Increase your top affiliates productivity by paying them a
higher commission for their referrals based on their
performance, and by giving them special recognition on your site
or in your affiliate newsletter.
Giving your affiliates special recognition in your newsletter
can also serve to teach your newer affiliates how to
successfully promote your products, as well as show them by
example that the tools you've given them do work effectively.
9. If you write articles, let your affiliates publish them in
their ezines or on their websites with their affiliate URL in
your resource box.
This can be an excellent way for your affiliates to earn
commissions promoting your products through your resource box
while also further building up credibility for you and your
business.
10. To increase the number of affiliates that consistently use
your articles to promote your products, create a mailing list
(in addition to your affiliate newsletter) that your affiliates
can subscribe to that tells them when you've written new
articles that they can use to promote your services.