1)
You must have a quality product and fantastic customer service.
I'm not going to
pull the wool over your eyes...to start off with, you must have
a great product, and fantastic customer service. You MUST have
these before you can develop an Associate Program that will
build loyalty with your associates.
This is
critically important! To build a successful Associate
Program your associates must know that you have a great product,
that you offer great value, and that you give fantastic customer
service (so that when they recommend you or send people your
way they KNOW you have a quality company). If you provide all
of this, they are going to feel proud of the program. They have
to be able to trust you with their customers. They have to be
able to trust that you know what you are doing and that you
will treat them fairly and honestly. Your Associate Program
won't last very long if you get a bad reputation.
Given that you
DO have a great product or service and fantastic customer service...there
are dozens and dozens of things you can do to make your Associate
Program a successful one! I'll discuss some of them here.
2)
Choose your associate program software wisely!
The first, of course,
is your choice of Associate Program software. The software you
use is going to determine how you set up your program. It's
going to determine where you spend your time (on marketing or
on administrative trivia)... and it will be a factor which some
of your potential associates will use to determine whether or
not they will sign up with you! I am not going to spend a huge
amount of time discussing software in this article... because
I am going to discuss it in DETAIL in the articles that follow.
3) Your Associates can also be your customers.
They join your
affiliate program to earn some money, but you can actually sell
your products TO them also. They get a discount through the
kickback they receive from their own sale. It's a great way
to actually generate some new customers AND once your associates
use your products or service they can use their own testimonials,
increasing the effectiveness of their marketing efforts!
If you have a situation
in which you sell a lot of products, you can actually get associates
to sign up with you solely for the purpose of buying your products
at a discount. They buy at regular price but at the end of the
month they get a referral fee on their own purchases, so basically
they are getting a discount. This might work for example if
you are selling something like vitamins. MLM companies have
been using this sales technique since the beginning of time!
It works!
So it's a natural
thing to actually sell products to your associates because if
they buy from you they are getting a kickback (i.e. they are
buying at a discount) and you are supporting your associates.
It is a natural thing to do, don't fight it!
Some Associate
Program owners say, "NO, you can't buy through your own
Associate Program" and they fight it. They're losing out!
Don't fight it! This is a great way to get
new customers, new business. Let it happen. Encourage your associates
not only to sell your product but to buy from you.
There's another
benefit...it generates a lot of customer loyalty. You allow
them to save money by buying from you through their associate
membership. And you make them money when they sell for you.
This is a fantastic way to build customer and associate loyalty.
4)
Pay out excellent commissions and realize the backend sale.
You have to pay
out good associate commissions as referral fees. The
more room you have or the more profit you have, the more you
should be giving to your associate. There's one reason most
of your associates have joined your program... to make money!
The more money they make, the more motivated they will be to
market your product or service in a variety of ways. The more
money they make, the more work they will put in on your behalf.
What it comes down
to, and what most associate program owners do not understand…
is that most of your real profit is on the "backend".
Don't be afraid to give away a lot of your profit on the "front-end"…
it is the customer who is worth the money.
Once you have the customer, if you have quality products and
services that are great value, you will generate a lifetime
customer from whom you can profit for years. This is why you,
as an Associate Program owner, can afford to give an associate
a lot of money. You're not looking at immediate profits... but
at the potential of repeat sales or potential back-end sales.
If you give your customers good value, a lot of them are going
to come back and buy and buy again. Over 50% of my net
income is made through back-end products. So - realize
it is very important!
So don't look just
for the money made today, look for the money you can make over
the next 6 months... or the next year, or even 5 years! You
may only be mailing your customer something which is worth $50
or $100 today, but they may buy $2000 worth of merchandise over
the next two years! Understand and realize that the purpose
of building your Associate Program is not only just to make
money today, it is about getting that customer, holding on to
them and making a sale 6 months from now or a year or 2 years
from now!
5)
Do business with your competitors.
You will be surprised
to know that you may end up doing business with some of your
competitors! And that people you originally thought were competitors
really aren't... in fact they can be someone you actually do
joint ventures with (especially if your product/service is similar
but still different)!
This may sound
corny, but you will not believe how many times we do business
with our competitors. When it comes down to it, many of the
people who purchase our information or software will also purchase
our competitors'. So why not work together and both profit from
that?
For example, I
do business with companies people consider to be my competitors.
But we actually have established good working relationships.
We sell each other's products! If I believe someone has a good
service selling great copywriting skills... and they have a
manual on copywriting, I will recommend them and I am sure that
in return, referrals and recommendations come back in my direction.
Be prepared to
look at your "perceived competitors" products... and
if they would be of value to your customers... negotiate a deal,
become part of their Associate Program. Look at what you can
offer your competitors' customer based on what they would want
and on what you both could profit from. Yes, you may find that
you actually can be partners with some of your competitors and
it can be very interesting. So, be prepared for this to happen.
6)
You must have a great visitor to sale conversion ratio.
To have a good
Associate Program you must have a good visitor to sales conversion
ratio.... This is one of the things you should look for before
you really ramp up your associate program. You need to be able
to convert visitors into sales in order to keep your sales associates
happy. If they send thousands of visitors your way and after
a month or so realize you are not converting the visitors into
sales, they will not be very pleased with the results.
Test, test, TEST,
TEST, TEST, test!
Test everything!
Don't be afraid to test!
If you don't have
a site which converts enough customers into sales… or
maybe you have a site which doesn't even generate enough visitors
to check this… or maybe you want to do this associate
program, but don't have a product or service to sell…
then you need a copy of my #1 best selling Internet Marketing
course called, "The Insider Secrets to Marketing Your
Business on the Internet". It guides you through the
fastest way to make a business successful online and put cash
in your pocket (it even gives away some of my best ideas for
a product or service you can do online). Click
here for more details on how to get a copy .
A great
thing about the Internet is that you can test very quickly.
So if you have ad copy which isn't doing very well, or a banner
which isn't selling well, you can put a new one up and get the
results in minutes or hours, depending on how much traffic you
have.
With traditional
forms of advertising you had to wait weeks or even months to
get the ad in, wait for it to come out and then get the results
in, in order to tabulate it. It would take months and months
to test for one thing.
On the Internet
you can put up a banner and test it. Then only a few days put
up another one to see the differences in results and find out
which banners pull really well for you. You can also do different
sales letters and different site designs to find out what is
producing the best conversion ratio for you… all in a
matter of days, not months as in traditional advertising.
For example if
your banner says, "FREE gardening newsletter"....
and what you want to do is sell them a gardening product...
your visitors may not be very qualified because they may not
be willing or interested in buying anything... they are looking
for something free.
You may have a
very low sales conversion ratio (1 out of every 400 to 600 visitors
buys, which is not good)
If you have quality
visitors coming in, people who want to buy what you are selling,
then your conversion ratio should be better. Your banner might
read, "INCREASE THE GROWTH OF YOUR PLANTS BY 30% ALMOST
OVERNIGHT FOR ONLY $25.00". You'll bring in less visitors,
but very qualified visitors. You will probably get a conversion
ratio of one out of every 50 visitors… a lot better than
having lots of unqualified visitors.
But you may have
had to test 20 different banners to find the one that really
pulls! A key to marketing success is to test everything! And
then tell your associates the results of your tests. Tell them
what works. Get them to use what works!
As mentioned before,
in my Internet
Marketing Course, I teach exactly how to make a successful
website, drive traffic to that website and reap the profits…
all with the least amount of work… and how to automate
it so you are only spending minutes a day at it once it is set
up… plus hundreds of other things on how to make money
online (over 500 pages of information). Learn simple things
like how to design banners which pull double or triple your
competitors' banners… wouldn't that be worth something
to you?
Your associates
are actually working for you for nothing until they make a sale...
you can not lose money!
The plain
fact is that this is the most advantageous way of marketing
there is right now online, because you are not paying
them per hour or per ad... only for sales made!
7) The
12 Secrets and Tools to an Outrageously Successful Associate
Program.
Ok, to be very
straightforward, there are real "killer" ideas on
how to instantaneously guarantee your associate program makes
you money, but I have saved these for a special course which
only comes with my AssocTRAC software.
Why?
Because there are
two people online right now who are selling the same kind of
information that I have been giving you here in the last two
issues of this newsletter for almost $100 (I just gave you over
100 pages of information in less than 2 months… all for
free). I have to hold something back… hold back my real
"gems" of information that will give my clients
an unfair advantage over the other associate programs out there.
So I have all of
these secrets in a manual called, "The 12 Secrets and Tools
to an Outrageously Successful Associate Program" which
you get when you purchase my AssocTRAC software (which is a
fantastic bargain on its own). Click
here for more details on AssocTRAC.
My clients pay
me $2,790 per hour and I can't give away everything for free.
I am sure you understand. By putting this information into my
special manual, many people who purchase my software are guaranteed
to make their associate program so successful, that it will
blow their minds, and blow their competition out of the water…
just like I have done with my associates program. In the manual,
I reveal all of the "nitty gritty" on EXACTLY what
you have to do to make hundreds of thousands of dollars with
your associates program… and exactly what I have done
with my associate program to make it so successful so you can
model your success after my success.
It is a
"no-brainer".
You will learn
how to easily get thousands of people to join your associates
program and sell incredible amounts of your product or service.
You simply have to read the manual and follow my steps, and
you are on your way to adding hundreds of thousands of dollars
to your bottom line. I just can't give that away… I have
to save that for my special clients… like you… who
believe in me and want to invest in my AssocTRAC software. I
want to give them an edge that they can't get anywhere else
- I am sure you would do the same for your clients.
The beauty
of Associate Programs is that you have hundreds or even thousands
of people out there promoting your product for you.
This manual will
give you my few guarded secrets that will explode your sales
and show you EXACTLY how to bring in hundreds of thousands of
dollars in business in as short as 30 days from when you start.
I have done it, and I will show you how you can easily follow
in my footsteps to do the same. Click
here to get details on the manual, The 12 Secrets and Tools
to an Outrageously Successful Associate Program and our new
AssocTRAC associate software. These are the only two
things you need to start your own associate program right away
and be on your way to having hundreds (if not thousands) of
people on the Internet selling your product for you.
8) Find
the "right" associates that can sell thousands of
dollars of your product or service easily.
To be very blunt,
this is what really MAKES OR BREAKS AND ASSOCIATE PROGRAM.
And as I was just telling you in the last point, I am going
to save this really killer stuff for my special clients that
use my AssocTRAC software. These "gems" of information
will give my special clients an unfair advantage over other
associate programs out there (including their competitors!).
I am sure you would do the same for your clients. If you are
interested in what I think is one of the best associate program
software packages out there on the market, Click
here for more details and how the software works.
Associate
Programs are "hands down" the hottest and fastest
way to sell your product and make a fortune online right now!
Don't take that lightly, we have been doing this for
over 4 years and it has just EXPLODED in the last 8 months.
Ride the wave before it is over (or before your competitors
beat you to it).
ABOUT
THE AUTHOR: Derek Gehl specializes in teaching real people how
to start profitable Internet businesses that make $100,000 to
$2.5 Million (or more) per year. To get instant access to all
his most profitable marketing campaigns, strategies, tools,
and resources that he's used to grow $25 into over $60 Million
in online sales, visit: http://www.marketingtips.com/t.cgi/892189
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