People have all kinds of questions about starting their own affiliate program and it’s always a good idea to be prepared. Starting and managing your own affiliate program isn’t something that can be done on the fly. It takes carefully preparation and planning, but the results are well worth it. Here are 3 commonly asked questions:
Question 1: How much commission should I offer in my affiliate program?
How much you offer will depend on the amount you can afford, taking i...
Keywords:
affiliate marketing, affiliate programs, affiliate management, tools, commission, alice seba
People have all kinds of questions about starting their own affiliate program and it’s always a good idea to be prepared. Starting and managing your own affiliate program isn’t something that can be done on the fly. It takes carefully preparation and planning, but the results are well worth it. Here are 3 commonly asked questions:
Question 1: How much commission should I offer in my affiliate program?
How much you offer will depend on the amount you can afford, taking into consideration the lifetime value of a customer, what your competition is doing and how attractive you can make your offer.
As a general statement, information products usually have a higher commission rate - often between 25-50% with the higher end being more common. Consumer products with smaller profit margins can be as low as 5%, but don't often go above 20%.
But what you charge should be based on your own unique business. Here are some more things to help you come to a decision:
Sometimes it's okay to pay a bit more for a first-time customer who will buy from you over and over again.
Always see what your competition is offering. You don't have to get into a commission war, just be sure to make your program very attractive through good conversion rates, unique and useful promotional tools and other attractive features.
Question 2: What kind of affiliate tools should I provide to my affiliates?
The simplest answer is: Give them what they want.
Talk to your affiliates and see what they need to serve their unique audience needs, and where possible, provide it to them.
For hard-hitting promotions, you can craft email copy, conduct live teleseminars with content and sales pitch, special reports, etc.
For the content-starved webmaster (and there are plenty out there), give them things like articles, free ebooks and other informational content.
The important thing is to listen to your affiliates and watch which tools convert best.
Question 3: Q: Can I have an affiliate program with a service-based business?
Sure you can. If you have a profit margin or a lifetime customer value that allows you to pay commissions, certainly.
If you have services available that are at a set price, it's easy to automate everything and run your program, just like a product-based one.
If you charge by the hour or have to give project estimates, it’s a little tougher to automate completely.
Here are a few options:
- Have a script that can track who referred your potential client to you. Ex. Affiliate recommends your service through a tracking link. Potential client clicks the link, checks out your website and fills out a form for more information. Your system tells you who referred the client and if they purchase your services, you can give the affiliate a commission.
- You could do it as a pay-per-lead opportunity where the affiliate is paid a smaller fee for every person that fills out the form for more information. This would be easy to automate in most affiliate systems that can handle pay-per-lead transactions.
- Don't want to go with a full-blown affiliate program? You can institute a client referral program where you simply allow your clients to recommend your service, in return for credit for services. When a new client comes to you, you ask where they heard about you and you add a credit to your referring client's account
An affiliate force is an incredibly powerful thing and when you consider you don’t have to pay affiliates anything until they produce results for you, it’s one of the best deals going in Internet marketing today. Plan your program well and you’ll soon have your own active force of affiliates bringing you new customers every day.
Title:
3 Benefits Of Web Analytics
533
Web analytics is the process of measuring site statistics and analyzing traffic behavior. Here are there of the main benefits of web analytics.
It is typical for any business to do some data analysis. Data analysis is used to determine sales, profit, loss rate, and market interest. However, in terms of establishing a strong e-presence for your website, there is one tool that you could used in order to collect necessary data that you would need to promote your site.
Web ...
Keywords:
seo, search engine optimisation, search engine optimization, seo tips, internet marketing
Web analytics is the process of measuring site statistics and analyzing traffic behavior. Here are there of the main benefits of web analytics.
It is typical for any business to do some data analysis. Data analysis is used to determine sales, profit, loss rate, and market interest. However, in terms of establishing a strong e-presence for your website, there is one tool that you could used in order to collect necessary data that you would need to promote your site.
Web analytics has been gaining steady popularity among websites, blogs and portals. It is used to analyze market trends and to identify website users or visitors. It is also used to determine the behavior of website users. It is a great tool to determine your latest website trends and your visitors’ or users’ preferences in terms of site features. Here are the benefits of web analytics.
Number 1: It helps monitor your visitors and users
With web analytics, you would know how long your visitor stayed in your website, who they are and where they came from. You will be able to know their clickstreams, the keywords they used, and how they came to be in your website (referrer pages, search engines, etc). You would be able to determine how many times a user or a visitor returned to your website and which pages were given preference.
In fact, a web analytics tool would tell you your website usage down to the last specifics. It would tell you about your visitor’s nationality and language. It can even pinpoint the city of origin. Of course, it will tell you the IP addresses and the host used for access. Further analysis would reveal if your visitors were there to actually check out your site or if they were mere strays. Most certainly, you will know how many visitors you get daily.
Number 2: It can help you optimize your website
Once you have carefully studied the actions of your visitors or web users, you would be able to act accordingly in order to optimize your website. You would also have an idea about the things that need changing and the aspects of your website that may appeal more to your market. You would know which pages are most viewed and which are basically ignored. You would be able to adjust certain aspects of your website that need improvement or adjustments. You could then fix any technical problems; or you could also improve, streamline or reshape site navigation to better assist your site users or visitors.
Number 3: It can help you formulate a sales and e-marketing plan
Web analytics will be able to assist you in preparing for an e-marketing plan and course of action. This will be more effective because your plan would be based on actual facts and not mere probabilities. You would be able to really know what your market wants. By tracking the items which were highly viewed, you would learn which products received the highest response. You would also be able to enhance other programs that you have already employed like pay-per-click or PPC advertising. You would be able to get more clients, as well as monitor and keep your clients interested.
Title:
3 And 1/2 Principles For The Success Of Any Entrepreneur
628
Many people believe that success in any enterprise is a specific result or outcome, a destination at which they arrive one day. Let me assure you that DAFTAR HANTUHOKI88 success is more than the realization of one goal, or even several goals. Success is not a specific destination... it's a direction you choose.
Running an online business, like any other business out there, is subject to certain principles, even laws by which all of us can make an enterprise prosper - or wither and die. Obst...
Keywords:
Many people believe that success in any enterprise is a specific result or outcome, a destination at which they arrive one day. Let me assure you that success is more than the realization of one goal, or even several goals. Success is not a specific destination... it's a direction you choose.
Running an online business, like any other business out there, is subject to certain principles, even laws by which all of us can make an enterprise prosper - or wither and die. Obstacles are everywhere and it sometimes seems that the only possible outcome is failure. There is no need to worry, however. I am going to name the three and a half principles for online success and try to show you the benefits of consistent, persistent and determined action that delivers success, not as a destination, but as a direction you choose.
1. The principle of intention
This principle states that, be it in online marketing or anywhere else, nothing will manifest without intention. You must first choose to manifest a certain result or outcome before it can transpire. Ask yourself what