Copyright 2005 Michael TanseyWhat could be better than exceeding your personal sales
goals for a given month or year? How about doubling,
tripling or even, your sales goal for the month? This is
exactly what having a team of affiliates can do for you.
The amount of growth potential through affiliates is
unlimited; the more affiliates you have the more money you
can make, after all, if Sam Walton tried to run every
Wal-Mart store, he obviously wouldn?t be very successful.
You must realize that to maximize growth you cannot do it
alone. Think of the success of companies such as Avon or
Home Interiors. Their success is based on two things; a
great product and excellent affiliate programs.
To attract affiliates to your company you should make it
worth their time. Offering one percent of sales, is not an
attractive offer, the higher the commission that you are
able to offer your affiliates the more affiliates will be
enticed to join your team. You should also provide your
affiliates with the tools that they will need to
successfully market your product such as banner ads,
articles, and anything else that will help them to better
market the product. You should provide the affiliates with
updated product information through newsletters, new
promotional campaigns and other things to motivate and
inform the affiliates.
You can choose to run your affiliate program in a few
different ways, both of which are beneficial to your
business. A one-tier affiliate program allows you to
generally offer a larger commission and pays on one level.
The affiliate will receive a predetermined amount for each
sale. Using a two-tier affiliate program, affiliates are
paid on two different levels. This is done by allowing the
affiliates to recruit others to sell under them. In this
situation, the top level affiliate would receive a slightly
larger commission than the recruit or second level
affiliate. For example if the top level seller makes 20% of
the sale, then she/he would make 15% giving the second
level affiliate the 5%.
Setting up the affiliate program can also be done in two
different ways. One way is to do it yourself through an
affiliate tracking software. This software will provide you
with a way to track affiliate sales as well as allow the
affiliates to view their progress. The downside to this
option is that you are responsible for making payments. You
can also choose to hire an affiliate tracking company to do
all the work for you. These companies will allow the use of
credit cards and completely run the affiliate program from
billing customers, paying affiliates, and also pay you.
This is a great option for the busy business owner or the
beginning business owner and it is affordable as most
affiliate tracking companies charge a small one time fee.
However you choose to run your affiliate program it is sure
to increase profits for your business.
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Mike Tansey has been online since early 2004. He can help
YOU start your own profitable business on the Internet
within the next 24 hours...
Visit: http://www.Profit-Unlimited.net/pips.html
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