Title: Maximizing Your Affiliate Opportunities
1Maximizing Your Affiliate Opportunities
- Johanna Buckentin
- Director, RegNow.com
2Provide Ways to Close More Sales
- Buy Now text links
- Buy Now image links
- Download Tracking
- Affiliates serve the download with hardcoded
links - Commerce Provider serves the download and
dynamically inserts the affiliate ID
3Manage Commissions Properly
- Check out your competition
- Sign up as affiliate see how your product
measures up - Set your default commission at an appealing level
- 30 is the average in RegNow. Start low (you
can always increase). Never start high (you can
never go lower).
4Manage Commissions Properly
- Reward your best affiliates
- Commission that is higher than your posted
default - Tiered commissions based on volume
- Run contest to see what affiliates are capable of
- Example Give limited time high commission.
After time period has expired, allow top 5
producers to keep high promotion, the rest go
back to the default commission.
5Create dedicated affiliate page on your website
- Enhance selling ability and recruit affiliates
- Sales Text
- Box Shots
- Buy Buttons
- Banner Selections
- Your commission structure
http//www.liutilities.com/partners/affiliate/
6Communicate with your Affiliates
- Emailers within commerce providers interface let
you contact your affiliates directly - Send an email to new affiliates congratulating
them upon their first sale. - Send personal emails to your best affiliates
every month (send them your software).
7Reporting Tracking
- Reporting should tell you which affiliates, which
images, and which downloads generated the most
sales. - Monitor affiliate performance and incent those
that do well
Traditionally, affiliate reporting as provided by
the ecommerce platforms has been weak.
8Find and Recruit Affiliates
- Search affiliate networks
- Check high performing websites for promotional
opportunities - Do they have featured products or banners
- Propose higher commission for better placement
Announce your new products in the RegNow
Affiliate Marketplace
9Create an Affiliate Plan
- Define how many new affiliates you will sign each
month - Define how many affiliates you will email each
week - Commit to adding a new image, box shot, etc.
every month as a new affiliate image - Test at least one new commission every month
- Review results by affiliate monthly. Pay rewards
to best performers
10Never Cheat Your Affiliates
- Discourage leakage. Dont enable alternate
purchase links on your site that result in lost
affiliate commissions. - Dont add multiple Buy Now links within your
installer that may result in sales not being
attributed to the affiliate. - Let your affiliates know that you WANT them to be
successful. - At the same time, if an affiliate is cheating
youdisable their account.
If your affiliates are successful, then you will
be successful.
11Questions?