Having
Your Own Affiliate Program
 If
you'd like total control why not just create your own affiliate
program like I did. It's not tough work at all. The products
that I sell in my resell rights package weren't even created
by me. I simply bought the master resell rights to all the
products, including the salesletter for the package, and I
used an affiliate program manager which costs me $25 a month.
You
don't need to create a 2-tiered program to profit. You can
simply use Clickbank
to run your single-tiered affiliate program. They let you
pay your affiliates up to 75% commission. If you want serious
profits though, a $25 investment is not much when you count
all the extra profit you can achieve with a two-tiered program.
You can check out ThirdSphereHosting.com
for the multi-tiered affiliate program solutions. They run
the same script that QuickPayPro.com
uses, but at $20 less.
Now
if you're strapped for cash, you can find some free affiliate
program management tools at hotscripts.com
for cheap or free, but they don't offer all the benefits of
ThirdSphereHosting.com,
which offers much more than affiliate management.
Some Affiliate Program
Benefits Most People Overlook
The
main benefit that most people see in having an affiliate program
is that you have other people helping to spread your advertising.
Remember
if you require people to give you their email address to join
your program then you have an email to sell backend products.
That's one benefit that's overlooked.
The
second benefit is by having more affiliates linking to your
site, you can improve your link popularity and your search
engine ranking. That's free traffic for your site. If you
attract 3,000 affiliates, that's a potential 3,000 incoming
links.
I
choose to offer 80% commission for my products because of
the two benefits above. Although I'm losing 80% of my profits
I gain much more from having more email addresses on my list
and also gaining free traffic from the search engines.
Most
people don't understand the idea of the lifetime value of
a customer. They can only think about the 80% that could have
been theirs. A list of customers is much more valuable than
80% in lost profits. People who have bought from you before
will more likely buy from you again if they like your product.
So if you're still offering only 25% commission to your affiliates,
raise it and see what happens.
Here again are the benefits of offering high
commissions:
- get emails of your affiliates
- get emails of more customers
- better search engine ranking
- build your name and fame
- you're seen as more generous and credible
- you get more joint venture partners
Case
Study: Armand Morin, the internet marketer
who made 4 million dollars in his first 12 weeks online
knows the benefits of attracting affiliates. That's
why he started his own affiliate training center to
offer free training. He gained 3,000 affiliates in the
first month of offering his training center.
He
knows that if he trains his affiliates, they will help
him sell his products. His hope is that many of his
affiliates will even buy his products.
Check out Armand's free training center at Myaffiliatecenter.com |
One
disadvantage of having an affiliate program is that your affiliates
could get you shut down for spam complaints. Spam laws are
very harsh to business owners nowadays and if your business
is tied to an affiliate who spams, you risk the chance of
being shut down.
One
way to protect yourself is to be choosy about who you allow
to become affiliates. You could also give your affiliate good
training so they won't be tempted to spam.
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Side Bar
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Even though
it's so easy to compile an ebook like this one to
give away. I know some people won't do it for one
reason or another so I created this ebook with those
people in mind.
Follow
the simple steps below and you'll be profitting within
5 minutes.
You
can sign up for Wealthysecrets and put your affiliate
link into this ebook. When you give away this informative
ebook, you will get $10 on two tiers like I explained
above. It's only $1 to sign up, and if by chance you
don't get anyone to sign up under you by giving this
ebook away, (very unlikely, since I've been using
this technique that I teach you for months and I've
always made back my initial investment for each ebook)
you can cancel and you've only risked $1.
If
you don't want to take the 5 minutes to brand this
ebook, you can still give it to people for free and
collect email addresses. Remember though that whoever
you received this ebook from will get the commissions
and not you.
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