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Setting up your own affiliate program
With
an online affiliate program, you can have hundreds (even thousands!) of
web sites online selling your product or service. In return, they
receive a commission for every sale generated by their links.
This is a great deal, as you are not
paying out of pocket for advertising! You
only pay for the results of the advertising.
It is a lowest risk method of advertising.
You are always going to make
money!
An
affiliate is an independent representative of your company. Their
goal is to sell your product, and they in return take a referral fee for
all of the products sold. The affiliate sends people to your site using
a banner or other such tool, you track those visitors and sales, and
furnish them with a referral fee for all sales generated from those
visitors.
There are several options
available to set up an affiliate program of your own. The
primary ingredient is the 'tracking' of the referred visitor. You must
be able to attach a 'tracking code' to the URL that you give to your
reseller. This URL with the
tracking code makes it possible for you to
track the origin of the sale.
In order to use your
own tracking software, you will need to have the e-commerce necessities
established. It is essential to be able to offer secure transactions and
accept credit cards. As soon as you have a merchant account, you can
also hook up with a shopping cart system.
You
can find affiliate link software that is affordably priced and normally
consists of a series of CGI scripts, which permits a webmaster to start
and maintain his affiliate program for goods or services.
Many software
publishers will also install these scripts on
your server and give you easy directions on how to use the software.
Depending
upon the software you install, you may choose to pay a fixed amount for
click-throughs, set the program to pay a percentage of the products
sold, or a mixture of both. Real-time statistics may be provided so that
you are always aware of whom is selling what and how much, and the
affiliates have peace of mind that they are not being squandered. Prices
vary on publisher, generally from $150 to $1500.
A complete software package may very well include a new associate sign
up, an
automatic web site replication program, an
order processing program, and administrative functions.
You
can hire someone to put the software on your server, otherwise known as
a consultant. You will need to have tracking software that can be run
from your secure server. Your secure server is where the credit card
taking and authorization occurs. The consultant needs to be able to
provide the tracking software, install it, and provide some additional
services. You do need a merchant account for tracking software.
For
help setting up your own affiliate program, please feel free to refer to
our article, Affiliate eBooks and Manuals.
Please forward this article onto your colleagues,
assistants, partners and friends, BUT NOT
to your competition.
You have permission to publish this article electronically or in
print, free of charge, as long as the bylines, links and website
references are included. A courtesy copy of your publication
would be appreciated.
Your questions, comments, or suggestions are always appreciated.
Thank YOU,
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