Affiliate Marketing
Affiliate marketing is one of the best forms of e-marketing.
This type of advertising is very cost effective as you only
pay for the results that you receive. Your affiliates send
you traffic using banners, text links or even offline methods
such as flyers. In return you reward your affiliates by
either giving them a small amount per click (PPC),
or more popularly, giving them a percentage commission (PPS).
If a visitor an affiliate sends to your site makes a purchase,
then the affiliate get's a small percentage of that sale.
Building up a strong team of affiliates can become one of
the main traffic sources to your site.
Starting an affiliate program
When setting up an affiliate program you have two main
options. You can either setup in house and run the affiliate
program yourself. Or you can join an affiliate network.
Each has it's own advantages and disadvantages. The table
below outlines some of the key points:-
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Affiliate Networks
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| Advantages |
Disadvantages |
| ? |
· Affiliate pool to tap into |
| ? |
· Hands off affiliate payment |
| ? |
· No software to maintain |
| ?
|
· Network branding can increase
trust |
| ? |
· They deal with affiliate requests |
|
| ? |
· Affiliates are not your own |
| ? |
· You do not have full Affiliate
contact details (if any) |
| ? |
· A lot of competition on the network |
| ? |
· High monthly fees |
| ? |
· Large % takings from affiliate
earnings |
| ? |
· Affiliate links do not go through
your site |
| ? |
· Affiliate program must conform
to often inflexible affiliate network commission
structures |
| ? |
· Any affiliate program promotions
are on behalf of the network, not your program
individually |
| ? |
· Leaving an affiliate network
usually means loosing all your affiliates |
| ? |
· Your promotions promote the network |
|
|
|
In-House Affiliate
Programs
|
| Advantages |
Disadvantages |
| ? |
· You are in complete control of
the program |
| ? |
· Affiliates are your own |
| ? |
· You have Affiliate contact details |
| ? |
· No commissions taken from Affiliate
earnings allowing you to offer a higher
% |
| ? |
· Small or no monthly fees |
| ? |
· Versatile and adaptable to your
specific website needs |
| ? |
· Integrates with virtually any
type of order system |
| ? |
· Offline affiliate tracking |
| ? |
· Affiliate links count towards
link popularity |
| ? |
· Potentially greater tracking
accuracy |
| ? |
· Private affiliate networks |
| ? |
· Affiliate program only advertises
your sites |
| ? |
· Any affiliate program promotions
are specifically for your affiliate program,
not for the benefit of an affiliate network
as a whole |
| ? |
· Can be fully scripted into dynamic
sites |
| ? |
· You receive all affiliate requests
and feedback |
|
| ? |
· You must find your own affiliates |
| ? |
· Hands on Affiliate Payments |
| ? |
· Administration time |
| ? |
· Some affiliates prefer networks |
|
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Either option, you get out of affiliate marketing what you
put in. If you do the minimum to promote your affiliate
program yourself, then you'll get the minimum out of it.
If you put a lot of time in gathering new affiliates, updating
linking options, monitoring results and contacting affiliates,
you'll get a lot out of affiliate marketing. We recommend
setting up an In House affiliate program. Whether you want
to join a network or not, having your own affiliate program
has many advantages. Running the program and dealing with
affiliates will give you a closer view of your market. Also,
if you purchase affiliate software to run off your own server
there are no monthly fees. So you can afford to take your
time to learn about affiliate management and how to get
the most out of your affiliate program. Getting an affiliate
program setup early is vital. An affiliate program is like
a money tree, the longer you have it and feed it, the more
it'll grow and generate you traffic and revenue.
Step 1. Setting up your affiliate program
Let's start by setting up your in house affiliate program.
You'll need to get your hands on some affiliate software.
If you want to run the software on your own server then
you won't have to worry about any monthly fees. There are
lots of affiliate software packages out there, in varying
quality. Out advice is, if the deal looks to good to be
true, then it probably is. There is a good chance you'll
need a bit of support to get your affiliate program setup
properly. If you've found some very cheap software then
you're not going to get much in the way of support when
you hit a problem. It's worth spending a bit more to get
a quality system in place. Don't forget this is a one off
cost, and you stand to make a lot of money from your affiliate
program in the years to come. Some feature rich affiliate
software will also help you attract new affiliates, and
get the most out of current affiliates. The only affiliate
software we recommend and use is AllAffiliatePro.
It's by far the most feature rich affiliate software you
can get for the price they charge, making it the best value
for money. Visit their site to order your affiliate software.
Our members get a 10% discount. They'll give you documentation
and free support to get your affiliate program setup and
running. Once your affiliate program is setup follow the
steps below get the most out of your affiliate program.
Don't forget that you'll also need to create banners and
text links for your affiliate to use to promote your site.
It is possible to get free banners designed by companies
such as Ad
Designer, so long as you keep their logo intact (the
design company usually state that their logo must be kept
on the banner in their terms and conditions of use). Although
this creates the impression that your site is cheap and
cannot afford professional designs. Avoid free banners if
at all possible. It only costs a few dollars to get personalized
banners made, which will indicate to people that your site
is professional. CosmicSiteDesign.com offer banner
design services.
Step 2. The affiliate directories
Now you have your affiliate program in place you need to
launch your program to the internet community. The first
place to do this is to list yourself on the affiliate directories.
We have comprised a list of affiliate directories, including
their Alexa traffic rank (correct at time of creation)...
This step is only available to full
members.
Step 3. Searching out affiliates
If you want your affiliate program to be popular then you
need to set about finding and signing up new affiliates...
This step is only available to full
members.
Step 4. Getting more from your affiliates
Having affiliates is one thing. Getting the most out of
them so that they are working hard for you is another...
This step is only available to full
members.
Step 5. Considering affiliate networks
Affiliate networks can become tempting... This step is
only available to full members.
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