|
Give Your Affiliate Program A Lift With A New Or Improved Product
If an affiliate program is an important part of your business, your profits are only as good as your affiliate members. Sales drop like a rock when they get discouraged or lose interest.
You will see the dreaded signs if you frequently visit your affiliates' sites. The banner or enthusiastic endorsement they once had on their opening page is now relegated to a link on the second or third tier of their site. Something as simple as that can cut the number of hits you get by a factor of ten or twenty.
Two things usually account for members giving you the back burner treatment: Your product or service isn't selling as well as it once did for them. Or members are simply losing interest because newer, more exciting affiliate programs are grabbing their attention.
You can immediately solve both problems by offering a new or improved product or service. Spend time to make sure your new product is a big improvement over what has come before. The more you can insure your product is a big deal, the more excited your affiliates will get.
Make your roll-out a big production. Give your new creation a whole new area with a fresh new look on your web site.
Two weeks before you unveil your new product, start sending announcements to your affiliates. Let them know something important is about to happen and they will be the first to hear about it.
After you bring out your product, do a quick follow-up with members. Get comments on how they expect the new product to sell. Harvest early accounts of how some members are doing well with the product. Include these comments in your weekly email updates to
members.
A word of warning--try not to veer completely away from what has worked for you before. If you have always sold software, don't bring in a new line of office furniture as your new product for affiliates. An exciting new software application will work better and will not dilute the brand identity your business has enjoyed.
Got a major product you don't want to ignore? Good! It's almost always easier to get affiliates and customers excited about an improvement to an old favorite than it is to make a favorite out of a completely new product.
Keep a file of customer complaints and ideas about your product. Over time you can use these as ideas starters for ways to build improvements that customers and affiliates will appreciate and value.
When interest in your product or service starts to diminish, pull our your file and make requested improvements. Add in enough improvements and you have a new issue, a next generation, or a fresh edition you can sell as a replacement or upgrade to your long list of previous customers.
Affiliate programs are still the number one way to market on the Web. It pays to keep your program exiting and top-of-mind. For many companies, it is unlikely that a better way to boost profits will come along any time soon.
About the Author
Keller Flynn offers the full spectrum of tools, ideas and action steps needed to create and run a successful affiliate program. Reach him at mailto:keller@affiliatedirector.com or 801-328-9006. Get his Extra Money Newsletter FREE at http://www.AffiliateDirector.com to learn more about how YOU can profit from the affiliate boom.
Written
by: Keller Flynn
|
|
More
Affiliate articles...
|
How To Make $10,500 Promoting Affiliate Programs I’ve heard some people say that no one is making money online anymore. Ever heard something like that? Well it couldn’t be further from the truth. I’m making plenty. So let’s put that myth aside right now! You see, not so long ago I was...[Read More...]
7 Reasons Why You Should Start with Affiliate Program There are thousands of business opportunities online. Most of them require some capital to start with. Not affiliate programs! Here are 7 reasons why you should consider joining an affiliate program as your home based business. 1. Joining an...[Read More...]
How to Make Real Money from Affiliate Programs How To Make Real Money from Affiliate Programs It is an often quoted statistic that about 90% of affiliates make no money from affiliate programs. The top 10% of affiliates make all the money. Some of these are super affiliates who make very large...[Read More...]
Ten Ways To Make The Most Out Of An Affiliate Program Any business, online or offline, that wouldn’t require any initial cash layout, would be a win-win situation. This is what makes affiliate programs so much enticing. An affiliate program allows the affiliate marketer to act as a middleman between...[Read More...]
Affiliate Programs and picking the best one! Okay, so you have been looking at affiliate programs for a while now. Your inbox is filling up with all these advertisements and you just don’t know how to pick the right program. How do you know which program is going to bring the best profit? ...[Read More...]
Setting up Your Own Affiliate Program (part one)
This is the first of a two part series on starting your own affiliate program. Joining an affiliate program is a neat way to make money from your users. But just as you can join someone else’s affiliate program, so you can set up your own program...[Read More...]
|
|