If you have your own product, launching an affiliate program really is a necessity to be able to reach your full profit potential. Even if you manage to control a huge 10% of your entire niche market on your own, that still leaves 90% of that niche’s traffic available.
By setting up an affiliate program, you can harness the strength of having other individuals make money for you. Instead of spending your time promoting your product, you can let other people do it for you while you spend your time forming JV partnerships, developing new product ideas, getting new products created, and tending to other tasks to build your business enterprise.
There are various ways to set up an affiliate program. Which one you choose will most likely depend on what type of product you’re selling, and where you’re located in the world. A great deal of people purchase affiliate scripts that enable them to run their own affiliate network program through PayPal.
But PayPal doesn’t allow users from many countries, and if you live in one of those countries, you’ll need to find an alternative solution. If you’re selling physical products like shoes or books, chances are you’ll go through Commission Junction.
Located at www.cj.com, Commission Junction is probably the largest affiliate systems on this planet. They may be a little complex to set up, and they’ve got certain rules you’ll need to comply with, nevertheless they have a big database of affiliates available to advertise your products.
If you’re selling digital products like software or eBooks, you may want to go through ClickBank. ClickBank is the world’s largest seller of eBooks as well as other digital products. They ensure it is extremely easy to run an affiliate program, and they also take care of almost everything for you.
They handle the billing for you, they handle customer refund requests, they usually may also handle a handful of your customer care questions. They’ll even pay your affiliates for you. ClickBank takes a percentage of your sales, therefore, if you’re paying your affiliates a 50% commission, you’ll be making a reasonable amount less than 50% yourself, because of ClickBank’s fees.
Furthermore they charge $49 up front to approve your products or services before you’re able to sell through them. But you’ll have fees with any billing solution. Naturally, they need to make money somehow.
A substitute for ClickBank is PayDotCom. PayDotCom is extremely similar to ClickBank, nevertheless with a few differences. With PayDotCom, you currently don’t have to pay an upfront fee to promote a single product through them.
The money also goes to your PayPal account, which can be another big benefit. But for people without PayPal accounts, PayDotCom isn’t going to work. You have to have a PayPal account to be paid, and you’ll also have to pay your affiliates out of your PayPal account, as well.
Another easy solution for selling digital products is e-Junkie. E-Junkie has an affiliate program built-in, and they also host your product or service downloads. They’re very inexpensive to use, charging a monthly fee instead of high percentages.
But not as many affiliates promote products through e-Junkie as through ClickBank or PayDotCom. Running your affiliate product can be extremely simple with a hosted solution. You could be tempted to use a script you host yourself, but it’s probably safer to leave it to the pros.
Don’t forget to create an affiliate toolbox, too! For your affiliate force to generate sales, they’ll need readymade marketing materials just like banners, buttons, eCovers, emails, and articles they could use.
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It’s actually a great example of an online affiliate site with a wide range of games table such as table tennis, pool, snooker, air hockey and much more.
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