UNLIMITED CUSTOMER GOLDMINE BLOG POST 4
Overview of Affiliate
– Part 3
● To show you the number one mistake many marketers
make when they're creating their own products and
running their own affiliate program.
● To introduce the concept of linking your
affiliate system to other resources, such as your
list, joint ventures, and your previous customers.
● To demonstrate how dead ends occur all over
unfinished marketing sites, and these people are
losing affiliates, money and customers. Lets plug
those dead ends right now.
● To help see things from the affiliates point of
view. Your affiliate system needs to be quick,
snappy, and instant, not long and complicated.
● To show you how to provide your affiliates with
everything they need to promote, removing the
problem of distractions and „I'll promote this later‟ syndromes.
● To help you understand how to keep your current
affiliates flowing, and how they're going to pull
you in a bundle of cash over multiple products over
many years.
● To show you how to treat your affiliates, and how
not to treat them with regards to future contact
and advertising. Something which if done
incorrectly will lose you everyone who's previously
been promoting your stuff. Not good.
● To show that no matter how slow the growth when
you first start attracting affiliates, it is
exponential and will snowball real fast, but only
if you let it.
Affiliate Program Management -
Part 23
Ok, so we've had a good look at aspects relating to
the selection of percentages, levels, and whether
or not to run an affiliate program. Right now,
we're going to jump ahead a little bit, and start
talking about how to actually manage those
affiliates once you have them. The most important
factors that we're going to address will be related
to keeping your affiliates promoting, keeping them
loyal, promotion spurts using offers, and at the
same time, take a look at some of the biggest
mistakes I still see people making every day whilst
running their affiliate program.
Big Mistake Number One -
Recycling
First up, lets look at how many people manage their
affiliates. Here's the situation that I come across
most. Person A sets up their website, their product
and sales system, and integrates an affiliate
program. They go ahead, launch the product, and
have their affiliates promote for them. That's all
very well, in fact there‟s nothing wrong with this
until you consider what happens when this person
goes on and creates a second product.
What you'll likely see is they'll create the
product, put up the sales letter and sales system
and go about things the same way as they did with
their first product. The problem is many marketers
don't seem to utilize the affiliates they gathered
through the previous product in the promotion of
their new product. What a waste. All that promotion
and affiliate gathering, and you're just going to
throw it all away by starting all over again when
you come up with your next product. People say to me, well that‟s common sense. Sure, but how many
are actually doing it?
This is definitely a big no, no. For affiliates
being such a great part of online marketing, if you
do have several products, you'll want to remember
all your affiliates. I wouldn't expect you to get a
list of subscribers from one website, then throw
them aside and not mail them when your next site
launches. The same goes for affiliates. Utilize
this powerful tool. There's several ways of doing
this of course, you may want to send a mail to your
affiliates and let them know about this new
promotion opportunity. Your best bet however is to
keep all affiliates in the one system for all your
websites, and hit them with introductory offers
every single time you launch a new product.
Now I know some of you may not have the budget or
software to do this, and if you're doing it
manually it can take some time. If you're running
affiliate promotions though, you'll need to figure
out a way of doing this effectively, even if it's just a manual import of all previous affiliates
into a second affiliate system, and a mailing that
tells them their account is already open, and ready
to go, along with an ad they can use, complete with
their promotion URL to get them started
immediately.
Whilst we're talking about this in fact, I'll let
you in on a little something.
Big Mistake 2 - Dead Ends
Next up, we're going to look at the final part of
the actual set up of the affiliate program. It‟s
something that's really important and fundamental
in online business, not just for affiliate
programs, and that's to link it up, and give your
customers a path to follow. Ok that might sound
amateurish and maybe a little patronizing, so my
apologies for that, however the other day I was
browsing around checking out the competition and
what they're up to related to my next product, and
what I found was many of them, both in their sales
letter (if there was one) and in their affiliate
signup pages, they dead ended me.
What I mean by that is, I go to signup for their
affiliate program, and they have this great sales
page that tells me how much I'm going to earn per
sale, a really nice bonus scheme for top affiliates
etc, and I got to the bottom of the page, and guess
what I found? Well, not much actually. They sold me on this affiliate program, but the page just ended.
No click here to sign up, no nothing.
Now that's an extreme example I have to admit, but
lets be honest here, if you're seriously getting
into affiliate marketing you can't afford to do
that. If you have an affiliate‟s button that leads
to a page that explains a little about your
affiliate program, try to fit the form in at the
base of the page, or at least have a click here to
sign up. Granted, normally I wouldn't have
mentioned this, but looking around it's definitely
worth it. So never forget, a nav bar is good, but
you have to show the customer where to go, with
click here's, or forms that tell the story for
themselves. You're still selling yourself here, and
getting the all-important affiliates can be more
profitable than making the sale yourself. Don't
overlook small things such as this, pick through
your setup with a fine toothcomb and make sure no
page has a dead end anywhere.
Sell It Like A Product
Still concentrating on the selling aspect of
getting your affiliates, we need to plug some more
gaps. Mistakes, mistakes everywhere, it's not easy
to sign up for some affiliate programs even if you
wanted to. Don't be one of those people. They're
losing thousands and they probably don't even know
it. So here's another little tip for you. Sell your
affiliate program.
If I click on your 'Affiliates' button on your
website, I don't want to be presented with a form
that asks for my details. I see this all too often.
Write a mini sales letter that explains some things
to the potential affiliate. Information you must
include can be as basic as how much they'll earn on
how many levels, and for how long, and any bonuses
they may get for a particular amount of sales in
any given time, and of course, how often you pay
out.Once you've got the basics down you can start
getting a little more complex and bringing out your
tracking figures if you have any. I'd be happy
about an affiliate program that pays me $500 per
sale, but I'd be even happier with an affiliate
program that pays me $500 per sale when the sales
letter has been proven to have a targeted click
through to sales ratio. It‟s like the creation of
your sales letters. Eliminate risk, and build
confidence in your product, only this time around,
your affiliate program is your product.
Don’t Hide It
On a similar note, one more little tip I'd like to
give you before moving on is to not hide any
information in terms and conditions. Sure put up a
terms and conditions, but don't small print any of
the important information and leave it out of your
sales letter. After all, these people signing up to
your affiliate program aren't people you want to
annoy in any way. They're going to provide a good
chunk of the backbone of your business in the
future. Again, like your list, and like your
previous customers who will buy from you again and
again, these affiliates are at least as important
as looking after them. Ok moving on now.
Get Them Promoting
Our next most important factor, and that‟s what to
do with your affiliates once you have some in the
system as a result of your product promotion, joint
ventures and a well linked site (which we talked
about above). So we have our affiliates, we've
given the relevant information already, we've got
them to sign up, so what's next? Getting them
promoting, and keeping them promoting is what we
need to get sorted.
Now there's a lot of methods that can be used to
both get affiliate promoting and keep them
promoting. The problem is when deciding what's
going to be appropriate is that you can't only do
one of them. There are generally two types of
affiliates, the ones who know how to sell and are
going to make you money and the ones who don't know
how to sell and aren't going to make you money. It
sounds harsh, but that pretty much sums it up.
Post a Comment