Establishing Your Personal Affiliate Program
By putting together an affiliate program, you'll be able to harness the power of having other individuals generate income for you. Instead of spending your time promoting your product, you can let other people do it for you while you spend your time forming JV partnerships, developing new product ideas, getting new products created, and tending to other tasks to grow your online business.
There are various ways to set up an affiliate program. Which one you choose will most likely depend upon which type of product youre selling, and where youre based in the world. A great deal of people purchase affiliate scripts which allow them to run their very own affiliate network program through PayPal.
But PayPal doesnt allow users from many countries, and if you live in one of those countries, youll have to find an alternative solution. If youre selling physical items like shoes or books, chances are you'll go through Commission Junction.
Located at www.cj.com, Commission Junction is among largest affiliate systems on the earth. They may be a little complex to set up, and they have certain rules youll have to comply with, nevertheless they have a huge database of affiliates available to market your goods.
If youre selling digital products like software or eBooks, you may want to go through ClickBank. ClickBank is the worlds largest seller of eBooks and also other digital products. They ensure it is extremely simple to run an affiliate program, and they also take care of pretty much everything for you.
They handle the billing on your behalf, they handle customer refund requests, and they will even handle most of your customer care questions. Theyll even pay your affiliates on your behalf. ClickBank takes a percentage of your sales, therefore, if youre paying your affiliates a 50% commission, youll be making quite a bit less than 50% yourself, due to ClickBanks fees.
They also charge $49 up front to approve your products or services before youre permitted to sell through them. But youll have fees with any billing solution. After all, they have to generate an income somehow.
An alternative to ClickBank is PayDotCom. PayDotCom is extremely similar to ClickBank, nevertheless with a few differences. With PayDotCom, you currently dont need to pay an upfront fee to promote a single product through them.
The money also goes to your PayPal account, which is often another big benefit. But for individuals without PayPal accounts, PayDotCom isnt going to work. You need a PayPal account to be paid, and youll also have to pay your affiliates through your PayPal account, as well.
Another easy solution for selling digital products is e-Junkie. E-Junkie offers an affiliate program integrated, and they also host your product downloads. Theyre very inexpensive to use, charging a fee every month as opposed to high percentages.
However, not as many affiliates promote products through e-Junkie as through ClickBank or PayDotCom. Running your affiliate network can be very simple with a hosted solution. You could possibly be tempted to use a script you host yourself, but its probably safer to leave it to the pros.
Dont forget to make an affiliate toolbox, too! For your affiliate force to generate sales, theyll need readymade marketing materials including banners, buttons, eCovers, emails, and articles they could use.
by: Sebastian Cridland