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Affiliate Programs. How To Set One Up.

July 19, 2008

If you really want to put your business into top gear, the best way to do that is to create an affiliate program. An affiliate program means that you have got a lot of other people selling your product for you. And the best part is that you don’t need to pay them till after you have been paid.

It also means that your product now has many people promoting it. This creates a viral effect and helps make your product to be seen as being very popular. So even though you may need to share 50% of the income with your affiliates you still end up making a lot of money.

If you decided you didn’t want to bother with affiliates here is what it could be like. You have a big list of e-mails subscribers, let’s say 100,000. You send out your promotion to the list, and you have a conversion rate of 0.04%. This means that you have made about 400 sales.

Now we will carry us a little bit further. You decided you also wanted to use affiliates to promote this product. With 100 affiliates selling 10 products each, you have just sold a further 1000 copies of your product. Even though you now share 50% of the profit with your affiliates. You still end up making far more money with far less effort.

So if you are selling a product that you own. You really need to sell it by using an affiliate program. How do you set up an affiliate program? Well you could buy software to run an affiliate program. This is what I have done personally. I use a program called Jam from Jrox.com and have found this easy-to-use and very powerful.

There is another way in which you don’t need to buy software or install a script and that is by using ClickBank. For many affiliates this is the preferred way. To join ClickBank as an affiliate is free of charge. To become a seller on ClickBank costs very little.

Personally I love ClickBank. For one thing, ClickBank recruits the affiliates. It also handles all the administration duties, which makes my life much easier. You don’t have to worry about paying your affiliates, it’s all done by ClickBank. So when you get your check from ClickBank, it is all yours. And your affiliates love it as they feel more secure with ClickBank.

The option of running your own affiliate program or running with ClickBank both viable and good options. It’s obvious, that to really be successful online. You must use affiliates and an affiliate program. The easiest way to go, is to use ClickBank as all the administration problems are handled by them. So even though they take a small commission, it is well worth it.

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