Mastering your Affiliate Program - the Most Profitable Aspects of Online Internet Business"
We'll talk about everything from the importance of running such a system, through to getting affiliates promoting when you want them to, and some stats for you to have a look at that will squash any doubt that this is one of the most profitable aspects of online business.
Even if you don't have an affiliate program set up for your own business yet, give it a shot. Skim over it at least. It's not hard to understand or set up once you have the facts, not to mention the mighty profit potential it puts at your disposal.
Overview of Affiliate Management
? To give you up front knowledge about how to effectively and profitably maintain your business' affiliate system before the first affiliate even lands on your doorstep.
? To demonstrate how powerful affiliate marketing is, and why no marketer should be without it.
? To look at some figures of product sales and profit both with and without affiliate programs functioning. How effective is this? You decide.
? To open your mind when it comes to setting your commissions and understand the concept of reaping resources being far more powerful than any small percentage you can keep from your affiliates.
? To discuss the inner workings of affiliate sales through commission level setting for your business, taking into account the money making power you're going to build for yourself.
? To show you how to overcome the problem of affiliates not promoting your products for you.
Effective Affiliate Program Management
One thing I will say is that It's important to acquire and consume this knowledge at the earliest stage possible for reasons we'll discuss shortly. Even it isn't your top priority at this particular moment, you'll be able to see just how powerful affiliate marketing is and why you should start planning before even launching your products.
You are a business owner, you've just launched your shiny new site, which just happens to sell the same product as Mr. X here. Both yours and Mr. X's product is priced at $500. The difference is you've built yourself up a relatively modest 150 affiliates, and Mr. X is doing all the promotion alone.
Now imagine you each make ten sales in the first month through personal promotion. You both make $5000. Great, but when your affiliates come in, it's easy to see how this figure can double.
Now of course not all of your affiliates are going to be heavy hitters, great promoters or even make any sales at all, ever. But lets say just 10% of your affiliates, just 15 of them, make a measly three sales each in that same month at 60% commissions, which I'll set higher than average right now for a reason I'll reveal in a moment.
Pulling out my handy calculator, I can tell you that through those three sales from a small percentage of your affiliates, you've just made an extra $9000, bringing your total to $14000 for that month.
You are laughing, and poor Mr. X. He was one of the many marketers out there that didn't take this type of affiliate marketing seriously, or didn't see any real profit in it.
Meanwhile, you've just pocketed in a month what it takes most of my friends in regular jobs to earn in four or five months, often longer. Cool huh?
"So why not set one up? They're more than doubling my income, I used to say to my less experienced contacts in the online business world.
just 10% of affiliates promoting, making a small (very small) amount of sales each can easily double, triple., quadruple your income and sometimes even more.
Looking at these figures always gets me excited.
Have you ever seen someone making 40-50, 60 or 100 thousand dollars a month and wondered to yourself how the heck they pull that kind of cash out of their products when you're struggling to hit five or ten thousand a month?
Well let me tell you, this is a very big part of it. Don't miss out, or you might find yourself just getting by instead of extremely comfortable where income is concerned.
Don't ever let anyone tell you that you're making a mistake putting a successful affiliate program high on your list of priorities, even over making direct sales.
We're going to jump ahead now, and start to build up a picture of the ideal affiliate program, with a view to getting your affiliates promoting.
The rest of this report contains some fundamentals, so keep reading along with us even if you don't have a system set up yet, because it will provide solid knowledge base and assist you in understanding what your software needs to be capable of.
Go to Brians web site and get access to new money making ideas, tips, strategies and techniques added EVERY MONTH! That means NEW ebooks, NEW reports, and NEW videos covering the hottest money making topics!