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
|
How To Pick A Business Opportunity
Browsing the internet there are literally thousands of affiliate marketing resources and a person often gets overwhelmed by the sheer choice of programs, products and services they offer.
When looking for a business opportunity you should...read more...
How To Earn Residual Income The Lazy Way
I've got a confession to make... what I am about to reveal is the way I started out my Internet Marketing career.
It got me on the right track and it can work for you to.
I still use this technique for earning "Residual Income The Lazy...read more...
Affiliate Marketing Part II Giving a facelift
"20% of your sales force produces 80% of your company revenues" - Vilfredo Pareto, Economist. This is one rule that definitely rules the world of Affiliate marketing. While a company may boast of a high volume of affiliate base it enjoys, the fact...read more...
Should You Join an Affiliate Program And what to look for
Should You Join an 'Affiliate' Program? And what to look for
There sure are a lot of Affiliate Programs out there for you to choose from, aren't there?! If you have a busy site or a large newsletter, you can start earning money right away! Sounds...read more...
Affiliate Program Checklist
Affiliate and other cooperative programs are announced almost daily. Website owners are flocking to these programs. Enthusiasm is high. But.........why not compare and evaluate first? The following checklist was prepared from the point of view of...read more...
Affiliate Marketing Or Market Your Own Products
How should you organize your online business? Affiliate marketing seems to make sense, its easy and low cost to start, and you can be up and running within a few days - but the struggle is how to get traffic and make my offer different than all...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...
Using Paid Autosurf Programs to Effectively Advertise Your Website
In this day and age, a competitive advertising strategy is a crucial part of your website business’ success. There are many options to consider when choosing what advertising you will purchase for your online business including: •Search Engine...read more...
Why Google AdSense Is Not the Nail in the Coffin of Affiliate Programs
By now most people have seen Google's new AdSense ads appearing on some of their favorite websites. Extending the same algorithms that make such a robust search-engine, Google is able to provide webmasters with advertisements related to the content...read more...
GREEN BUILDING MEDIA FACT SHEET Past Present Future
GREEN BUILDING MEDIA FACT SHEET Past, Present & Future By Neda Dabestani-Ryba Prudential Carruthers REALTORS Past Specialized, niche home builders began constructing resource-efficient, environmentally sensitive homes in the early 1970s. The home...read more...
More Articles
 |