When considering a bonus promotion, offer an incentive that distinguishes you from your competitors. Maybe it’s a free style makeover; maybe it’s a single day of outrageous commissions. Look at what you have to offer, and work it into a creative affiliate promotion. Also, be sure you have properly defined the objective of the promotion. If you’re trying to drive affiliate engagement, tie the incentive to traffic. If you’re trying to drive revenue, tie the incentive to sales. And always make sure you measure the impact of your promotion so you know what works.
Tradedoubler was founded in 1999 by two young Swedish entrepreneurs. They have offices in the UK and multiple countries throughout Europe, including Sweden, Germany, France, Poland and Spain. Their focus has always been to provide smarter results for both clients and affiliates through technology. In 18 years, they’ve amassed an army of 180,000 active publishers, connecting them to over 2,000 merchants in Europe and the UK. Many of these merchants are household names.
Ok, so this is not a benefit of starting your own affiliate program, but to convince you that you’re losing out on sales if you don’t. Most of the affiliates who end up sending traffic to your site in order to try to earn commissions from your course would not have sent traffic your way just out of the kindness of their own hearts. Sure, some of them might have eventually written about your course on their blog or it could be someone you provided a guest post for to gain some traffic.
While Google has been the key driver of organic traffic and sales for affiliate marketers over the years, most now realize and understand the importance of Email Marketing in this business. Without a good email marketing strategy, relying on just Google is not the best strategy according to masters of the trade. That’s why we feature this all important course created by Bryan Guerra in this list. Having taught more than 80,000 students online, Bryan is the best guy to spill the beans on this subject. Let us find out what his course is all about.
One of the most important is affiliate education. You’ll want to keep your affiliates updated with any changes you’ve made to your course offerings or new content you’ve added. This might give them an opportunity to write a fresh blog post on everything that’s been going on lately with your course. You can also provide them with any recent reviews of your course or testimonials you’ve received. This information can help them send you more sales.
Affiliate marketing is also called "performance marketing", in reference to how sales employees are typically being compensated. Such employees are typically paid a commission for each sale they close, and sometimes are paid performance incentives for exceeding objectives. Affiliates are not employed by the advertiser whose products or services they promote, but the compensation models applied to affiliate marketing are very similar to the ones used for people in the advertisers' internal sales department.
The concept of affiliate marketing on the Internet was conceived of, put into practice and patented by William J. Tobin, the founder of PC Flowers & Gifts. Launched on the Prodigy Network in 1989, PC Flowers & Gifts remained on the service until 1996. By 1993, PC Flowers & Gifts generated sales in excess of $6 million per year on the Prodigy service. In 1998, PC Flowers and Gifts developed the business model of paying a commission on sales to the Prodigy Network.