The 5-minute Guide To Using Affiliate Programs To Boost Your Infoproduct Sales
- Date: 2007-06-04 - Word Count: 633
Share This!
This may not be relevant to you if you do not sell a product or service, or have no interest in working with partners to boost your business. But it is one of the most powerful business building approaches, and also the least expensive - because you only pay for results!
What is an affiliate program?
Essentially, it is a way to offer partners who are interested in promoting your product or service a share of the profits generated - after they make a sale. In a sense, your affiliate partners are 'commissioned salespeople' who will take your marketing message to their audience, convince them to buy from you, and then get paid a proportion of the profit they create for your business.
The advantages of having affiliates (or associates) build your business and help you with marketing is that you have no upfront expense to cover. Apart from setting up an infrastructure to manage affiliates and create marketing material for them to use, you pay nothing until after a sale has been made. Contrast this with conventional advertising where you pay first, and then hope you make enough sales to make back your investment.
Another benefit is that affiliates give you a 'channel' to reach audiences you may not be able to get through directly. It multiplies your reach and can explode your sales and profits. Surely you are willing to give up a part of your profits for achieving these returns?
Where to find affiliates?
To sign up affiliates, you need a software solution (either a standalone affiliate management system or one that comes bundled with your web hosting account). Of course, if you are on a shoestring, you can begin without one, running your affiliate program on a service like Clickbank (http://Clickbank.com) which handles all affiliate management issues.
Find the top 'players' in your niche. Write, call or meet them. Explain your online business to them. Focus on how you think you can help THEM and their clients, readers, subscribers. Make your offer as attractive as possible, making it easier to say 'Yes' than 'No'.
Remember, while this initial offer may not be profitable to you immediately, you are building assets that will stand with you, supporting you for years. You will get a list of customers - and can sell them many more things. You will get a group of partners who will be glad to work with you later, if you make this first experience pleasant and profitable. Stay focused on the long term goal, and your JV experience will be pleasurable and fun.
How to begin, and how to grow from there?
First, try and contact at least 3 partners who agree to help you promote. Keep doing it daily, until you have a core group of at least 10 partners, with a combined audience of 50,000 prospects or more. Sound impossible? It's easy - many top players have lists far bigger than this!
Search on Google for the top resources. Look on forums for the senior, experienced marketers. Study affiliate sites to identify top SUPER-affiliates. Then contact them to help drive traffic to your site and help sell your products and services to their lists.
Once you have your first group of affiliate partners, and they have promoted your product to their lists, you have momentum. Take the results from that initial promotion, and go to other affiliates. Invite them to join your program, using data from previous marketing efforts to boost the impact of your presentation. If your product sells well, and affiliates see how much value they could offer to their own customers and subscribers, they will jump at the chance to partner with you.
In another article, we will look at the methods of motivating affiliates and getting them to actively promote your products and services, growing your infopreneur business exponentially - and as far as you are concerned, automatically, hands-free!
What is an affiliate program?
Essentially, it is a way to offer partners who are interested in promoting your product or service a share of the profits generated - after they make a sale. In a sense, your affiliate partners are 'commissioned salespeople' who will take your marketing message to their audience, convince them to buy from you, and then get paid a proportion of the profit they create for your business.
The advantages of having affiliates (or associates) build your business and help you with marketing is that you have no upfront expense to cover. Apart from setting up an infrastructure to manage affiliates and create marketing material for them to use, you pay nothing until after a sale has been made. Contrast this with conventional advertising where you pay first, and then hope you make enough sales to make back your investment.
Another benefit is that affiliates give you a 'channel' to reach audiences you may not be able to get through directly. It multiplies your reach and can explode your sales and profits. Surely you are willing to give up a part of your profits for achieving these returns?
Where to find affiliates?
To sign up affiliates, you need a software solution (either a standalone affiliate management system or one that comes bundled with your web hosting account). Of course, if you are on a shoestring, you can begin without one, running your affiliate program on a service like Clickbank (http://Clickbank.com) which handles all affiliate management issues.
Find the top 'players' in your niche. Write, call or meet them. Explain your online business to them. Focus on how you think you can help THEM and their clients, readers, subscribers. Make your offer as attractive as possible, making it easier to say 'Yes' than 'No'.
Remember, while this initial offer may not be profitable to you immediately, you are building assets that will stand with you, supporting you for years. You will get a list of customers - and can sell them many more things. You will get a group of partners who will be glad to work with you later, if you make this first experience pleasant and profitable. Stay focused on the long term goal, and your JV experience will be pleasurable and fun.
How to begin, and how to grow from there?
First, try and contact at least 3 partners who agree to help you promote. Keep doing it daily, until you have a core group of at least 10 partners, with a combined audience of 50,000 prospects or more. Sound impossible? It's easy - many top players have lists far bigger than this!
Search on Google for the top resources. Look on forums for the senior, experienced marketers. Study affiliate sites to identify top SUPER-affiliates. Then contact them to help drive traffic to your site and help sell your products and services to their lists.
Once you have your first group of affiliate partners, and they have promoted your product to their lists, you have momentum. Take the results from that initial promotion, and go to other affiliates. Invite them to join your program, using data from previous marketing efforts to boost the impact of your presentation. If your product sells well, and affiliates see how much value they could offer to their own customers and subscribers, they will jump at the chance to partner with you.
In another article, we will look at the methods of motivating affiliates and getting them to actively promote your products and services, growing your infopreneur business exponentially - and as far as you are concerned, automatically, hands-free!
Related Tags: onlinemarketing, internetmarketing, internetinfopreneur, nichemarketing, informationbusiness
Internet infopreneur Dr.Mani Sivasubramanian has helped hundreds of business owners build online information empires. He shares powerful tips, ideas and secrets about achieving success and building massive wealth from information products in his "Internet Infopreneur Tips" ezine. Register for free at InfoProfitz - www.InfoProfitz.com/ad.htm- or send any email to infopre-tips@aweber.com Your Article Search Directory : Find in Articles
Recent articles in this category:
- Work At Home Mums: Making Time For You.
I questioned if this subject would be worthy of a complete article, however it's an vital factor in - Property Investing 7 Reasons Why Now Is A Good Time To Invest
Conventional wisdom has this to say about property investing; the best time to invest in property is - Chocolate Gifts: The Perfect Corporate Gifts For Your Colleagues
It's always a good feeling to give messages of thanks to your colleagues who helped you finish that - Singapore Company For Foreign Entrepreneurs And Business Entities
There are three unique types of Singapore company that have been specifically created for foreign en - Important Objectives Of Packaging
The function of packaging is not simply only physical protection but also marketing, barrier protect - Establish Your New Global Web-based Enterprise Right Now
This is the perfect point in time to set up your global web business.The Internet business field is - The Ups And Downs Of Entrepreneurship
There are two kinds of entrepreneurs. First, there is the entrepreneur that is commonly associated w - Problem Of Funds To Start A Small Business
If you are determined to do some business on your own rather than doing office work in other people' - Do Business Tactfully Incorporating Third Party Logistics!
If you are an experienced entrepreneur, then you can certainly value two major factors; quality work - Home Stagers Can Work As Much Or As Little As They Wish
Many Staging Diva Graduates start out as part-time home stagers because they simply can't afford to
Most viewed articles in this category:
- Starting A Day Care Center Can Be Profitable When Following These Five Ingredients Of Success
The demand for child day care in the US is rising. This is due to many factors including but not lim - Being an Entrepreneur
I have never been the conventional type. I always did something different from everybody else. I jo - It Takes a Decision To Succeed
I am truly amazed at how often I hear people talk about what they want and yet when I ask them if th - A Business Plan-Do You Need One?
There are several uses for a business plan, and each requires the plan to be written somewhat differ - Art Therapy: Array your Art Workshop at Work
There is so much going on in the world today. President Bush is moving things around in Washington. - Proven Income Opportunity Success Stories
There are alot of scams out there claiming that they have a proven income opportunity. I totally agr - Sometimes You Have to Abandon the Experts, Theories and Books and Trust Your Intuition
As the coordinator for the online think tank often we get into debates with experts and Ph.D.'s abou - Mums - Park And Ride Your Way To A Second Income
Have you ever noticed that when you are in a hurry to catch a bus there never seems to be one? Or pe - How to Protect Yourself if Your House Value Drops, or Your Income is Lost - Part 2
Robert Shiller, is the author of the runaway bestseller, Irrational Exuberance. Shiller has recently - Home Business Solutions for Earning a Residual Income
Starting a home business is a huge step. Maybe you want to earn an extra income, extra spending mone