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Make Money With Affiliate Programs

Friday 29 June 2012

3 Ways To Increase Your Affiliate Commissions

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Affiliate marketing does not require having your own website, dealing with customers, refunds, holding stock, having to rent premises or sell on eBay or Amazon This is one of the easiest ways of launching an online business and earning more profits.
Assuming you are already an affiliate, increasing your commissions, is an important next step, right? So, how do you do that?
Here are some powerful tips on how to increase your affiliate commissions.
1.Obviously, you would want to promote a product that will enable you to achieve the greatest profits in the shortest possible time.
There are several factors to consider in selecting such a product. Choose the ones that have a generous commission structure, and one that has a solid track record of paying their affiliates promptly. If you can't increase your commission, dump that product and keep looking for better ones.
On ClickBank alone, there are thousands of products, so you can afford to be selective when choosing which products to promote, and to ensure that you don't lose your advertising budget.
Be original when promoting your products and offer your potential customers "added value." Write free reports or short e-books to distribute from your site. Remember you will be competing with other affiliates promoting the same product. If you start writing short reports related to the product you are promoting, you will be able to distinguish yourself from the other affiliates and you will start to build a relationship.
Your e-book or report should be informative and provide quality information for free. Add some recommendations about the products, point out the advantages of having that product and how it could influence an outcome. With e-books, you build credibility and customers will see that you are not a fly by night. Hopefully they will be enticed to purchase the product from you, opposed to another affiliate.
2. List building is very important so collect e-mail addresses of those who download your e-books. People may not make a purchase on the first visit to your URL, so you may have to send out reminder messages and keep the relationship going.
However, remember to collect the contact information of a prospect before sending them to the vendor's website. Remember in you are providing free publicity for the product owner. You get paid only when you make a sale. If you send prospects directly to the vendors website, chances are you will lose the sale and the customer.
Once you have contact names, you can send other marketing messages to them relating to other products that you think they may be interested in. You may then earn additional commissions instead of a one-time sale only.
Publishing an online newsletter is a great idea. It is always easier to recommend a product to someone you know than to sell to a stranger. This is the purpose behind publishing your own newsletter. This also allows you to develop a relationship based on trust with your subscribers.
This strategy is a balance between providing useful information with a sales pitch. If you continue to write informative newsletters you will be able to build a sense of security in your readers that may lead them to support you by buying your products.
3. Try and negotiate a higher than normal commission from the merchants. If you are successfully promoting a particular product, and making lots of sales for them, they may be happy to pay you a higher commission.
The merchant should see you as an asset that does not cost them anything, and if they value your business your request for a higher commission may be granted, rather than lose a valuable asset in you. Try to be reasonable when dealing with the merchant, remember, they have to make a profit as well
Try out these strategies and see the difference it can make to your commissions in the shortest of time.
To be successful with any business, you must take the time to research and learn the strategies necessary to ensure maximum profit with minimum expenditure.

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