The Power of Your Own Affiliate Program
The Power of Your Own Affiliate Program
What Is and Affililate Program?
An affiliate program is a way for you to sell your products through other websites. Essentially the process is simple. You provide another website with the necessary promotional items to sell your product(s). However, the affiliate never takes actually inventory of the product you are selling.
A great example of this is the website that sells mystery novels. For this example, let’s call the primary website Mystery Novels Central dot com. The website provides an affiliate website (affiliatewebsite1) with some banners and buttons promoting mystery novels. When a browser of affiliatewebsite1 clicks on the banner, it redirects him to Mystery Novels Central dot com. If the user purchases a novel, Mystery Novels Central dot comp pays affiliatewebstie1 a percentage of the sale – also known as a commission.
How Do Affiliate Programs Work?
When your promotional assets are placed on another website, each asset has a tracking URL. This tracking URL is invisible to the browser but keeps track of his activities. When he passes through the purchase process and receives a payment confirmation page, additional tracking code confirms a sale. This information is captured and tracked back to the initiator of the sale (i.e. the affiliate).
In its most simple form, an affiliate program works like a real life sales force. Imagine having sales reps spread our across the Internet selling your product to each of their new and existing customers. Each time that sales rep sells your product, you fulfill the order and pay the rep a small commission. In a nutshell that’s an affiliate program.
How Can I Start My Own Affiliate Program?
You can start your own affiliate program in a variety of ways. One of the most simple methods is to use and affiliate marketplace like ClickBank or PayDotCom. These affiliate sites aggregate many affiliate products. For a small fee, and sometimes simply a percentage of the sale without an upfront fee, you can join their program.
When you join, you agree to let the marketplace add your product to a list of products that third party websites can promote. When you do so, you also agree to let the affiliate marketplace (ClickBank or PayDotCom) receive a percentage of each sale. Remember, you will also have to pay a commission to the actual affiliate website that promotes and sells your product. The fees can add up quickly but are worthwhile if your product has a good margin.
There are other programs from well established companies like Commission Junction, but they charge a significant fee for joining and a larger percentage of each sale. For those starting out, CB or PayDotCom is your best choice.
What I particularly like about affiliate programs is the scale you can achieve. Affiliate programs are relatively easy to set up and can have a significant impact on your top line. If you have a product to sell and haven’t started using affiliates to promote your program, get started today.
The Power of Your Own Affiliate Program - To learn more about this author, visit Michael Fleischner's Website.
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One of the best ways to improve traffic to your website is with the help of targeted websites who earn money promoting other peoples products. One of the websites I work on generates more than 35% of its revenue from other sites selling their products and services. If developed correctly, affiliate programs can have a significant impact on your revenue.
What Is and Affililate Program?
An affiliate program is a way for you to sell your products through other websites. Essentially the process is simple. You provide another website with the necessary promotional items to sell your product(s). However, the affiliate never takes actually inventory of the product you are selling.
A great example of this is the website that sells mystery novels. For this example, let’s call the primary website Mystery Novels Central dot com. The website provides an affiliate website (affiliatewebsite1) with some banners and buttons promoting mystery novels. When a browser of affiliatewebsite1 clicks on the banner, it redirects him to Mystery Novels Central dot com. If the user purchases a novel, Mystery Novels Central dot comp pays affiliatewebstie1 a percentage of the sale – also known as a commission.
How Do Affiliate Programs Work?
When your promotional assets are placed on another website, each asset has a tracking URL. This tracking URL is invisible to the browser but keeps track of his activities. When he passes through the purchase process and receives a payment confirmation page, additional tracking code confirms a sale. This information is captured and tracked back to the initiator of the sale (i.e. the affiliate).
In its most simple form, an affiliate program works like a real life sales force. Imagine having sales reps spread our across the Internet selling your product to each of their new and existing customers. Each time that sales rep sells your product, you fulfill the order and pay the rep a small commission. In a nutshell that’s an affiliate program.
How Can I Start My Own Affiliate Program?
You can start your own affiliate program in a variety of ways. One of the most simple methods is to use and affiliate marketplace like ClickBank or PayDotCom. These affiliate sites aggregate many affiliate products. For a small fee, and sometimes simply a percentage of the sale without an upfront fee, you can join their program.
When you join, you agree to let the marketplace add your product to a list of products that third party websites can promote. When you do so, you also agree to let the affiliate marketplace (ClickBank or PayDotCom) receive a percentage of each sale. Remember, you will also have to pay a commission to the actual affiliate website that promotes and sells your product. The fees can add up quickly but are worthwhile if your product has a good margin.
There are other programs from well established companies like Commission Junction, but they charge a significant fee for joining and a larger percentage of each sale. For those starting out, CB or PayDotCom is your best choice.
What I particularly like about affiliate programs is the scale you can achieve. Affiliate programs are relatively easy to set up and can have a significant impact on your top line. If you have a product to sell and haven’t started using affiliates to promote your program, get started today.
The Power of Your Own Affiliate Program - To learn more about this author, visit Michael Fleischner's Website.
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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