It is increasingly advantageous for companies to use social media platforms to connect with their customers and create these dialogues and discussions. The potential reach of social media is indicated by the fact that in 2015, each month the Facebook app had more than 126 million average unique users and YouTube had over 97 million average unique users.
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.
In the BigCommerce affiliate program, you receive a 200% bounty per referral and $1,500 per Enterprise referral, with no cap on commissions. Plus, the more referrals you drive through the program, the higher your commission tier will go. BigCommerce uses an industry leading 90-day cookie, so you will receive credit for up to three months for the referrals you generate. Also, there are no obligations or minimum commitments to join the program.
You set the commissions, choose the product pricing, decide what creative assets you want to make available, and even choose which affiliates you approve. Around two years ago, we moved from listing our plugins in various affiliate marketplaces to running our own affiliate program. And it’s been very beneficial. It does require a bit of work each month, but we can now ensure that the traffic sent to our site is high-quality and from site publishers who are creating useful and thoughtful content.
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One of the best aspects of affiliate programs for marketing your online course is this: the better your course content quality is, the more people you’ll have wanting to promote your product. If you invest the time and effort necessary to create a valuable course which truly helps people, your course can sell itself. Not to mention, the folks out there who are placing affiliate offers on their own sites or emailing their lists about them want to promote products which will continue to sell over time. If you have high-quality course content, affiliates will keep promoting your course month after month.
LinkConnector is something of a mixed bag, so it’s probably best for experienced affiliates who have become disillusioned with other networks and are looking to expand. LinkConnector’s bizarre mix of high-quality products and a low-quality dashboard make it hard to truly assess its viability, but their exclusive deals with some vendors can make it a true home run for publishers working in certain niches.
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. The two forms of marketing are differentiated, however, in how they drive sales, where affiliate marketing relies purely on financial motivations, while referral marketing relies more on trust and personal relationships.