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How to Motivate Your Affiliates with Contests
May 29th, 2008 under Attracting Affiliates. [ Comments: none ]

How to Motivate Your Affiliates with Contests

If you run an affiliate program, you want your affiliates to perform their best. After all, the more traffic your affiliate?s websites get, the more clicks your links and banners get. These clicks should translate into sales. As an online retailer that operates an affiliate program, you have a stake in the hard work put forth by your affiliates. So, how do you ensure they are doing their best? You have many options, but contests have proven successful.

As nice as it is to hear that contests can motivate your affiliates to perform their best, you may wonder why. What makes them work? There are a number of different reasons why. Contest rewards often include monetary compensation or prominent highlighting. Regardless of the rewards, people love contents. This is particularly true with tasks they do everyday or enjoy, like designing websites or internet marketing. Contests will provide your affiliates with drive, determination, and motivation.

What does drive and determination from affiliates mean for you? It should mean increased sales and profits. The more an affiliate markets their website, the more traffic it will receive. Each website visitor should see your links displayed. If they like the link or what you have to offer, they are likely to click through. At this point, a sale is likely. Not only should you reward affiliates with contests, but always emphasize the fact that the more traffic a website gets, the more money they make. This, alone, is enough drive and determination for some.

So, what type of contests should you host? It all depends on your preferences. With that said, make it exciting. Over months, you will notice a pattern in the top earning affiliates. It is usually the same group of individuals. For some, once they get started, it is difficult to slow them down. This is good. After all, they earn you money too. However, don?t let your other affiliates, especially those who try hard, feel like they are being left out. It may be best to alternate your contests or hold two contests at the same time. Reward the top performing and the most improved affiliate.

When hosting contests for affiliates, you can also think outside of the box. Consider all the aspects of affiliate programs. As previously stated, a well-trafficked website translates into click throughs and sales. You want to encourage your affiliates to market their websites. Host a contest seeking unique internet marketing ideas. Reward the top five affiliates with the best answers. Take all of the ideas and compile them into a list to share. A professional and easy to navigate website is ideal, as it keep readers on the website and coming back. Host a contest looking for the affiliate with the best designed or the most easy to navigate website. When you think outside of the box, anything can be turned into a contest.

As for the rewards, you have many options. As previously stated, they include compensation and recognition. For some individuals, seeing their name posted on your website or in the monthly affiliate newsletter is enough. However, most would prefer compensation. Take the frequency of your contents into consideration. If you offer monthly contest winners money, opt for a low reward, like %25. If you offer one contest a year, make the prize big and worthwhile, like %500 or %1,000.

Speaking of frequency, how often should you host contests for your affiliates? Your goal is to improve moral, drive, and determination. For that reason, the more contests the better. Consider hosting one or two a month. Aftertime, new affiliates will see that they have the opportunity to earn additional cash or attention. If you have monthly contests scheduled, they know they didn?t miss the opportunity to win. They won?t give up simply because the deadline has passed.

In conclusion, contests are an easy way to increase your sales, please your affiliates, and keep the relationship a healthy and positive one. If you operate an affiliate program and have yet to offer a contest, try it. Chances are you will notice an increase in sales from your affiliates and hear positive feedback from members.

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Getting Affiliates to Use Your Banners
May 23rd, 2008 under Attracting Affiliates. [ Comments: none ]

Getting Affiliates to Use Your Banners

You run an affiliate program. You collaborate with other website owners. Most of these websites are content driven websites. They place affiliate banners or text links throughout the pages. Each time a click generates a sale, the affiliate makes money. Affiliate programs are great concepts. Everyone involved wins. Unfortunately, you may run into a problem. That problem is affiliates who do not display your banners and text links.

As previously stated, an affiliate makes money each time a banner or another tracked link on their website or blog generates a sale. They have some control over how much money they make. So, why would some affiliates join your program and not use your banners and links? There are many reasons.

It may be too hard. What many internet users do not understand is that not everyone is on the same level. You can easily navigate a website, build a website from scratch, and copy and paste a few HTML codes, but not everyone can. Right now, many people want to work from home. They are jumping on the affiliate bandwagon. These individuals create a website or blog. Unfortunately, when some go to place affiliate banners and links, they find it too difficult. These inexperienced internet users often toss up their hands and say ?oh well.? They then move on to the next moneymaking opportunity.

When this occurs, your first though may be to say ?good riddance.? After all, if someone cannot copy and paste a few codes, how are they going to run and market a website? Don?t think this way. We all have to start from somewhere. Today, some of the best website owners and affiliates are those who started in the business on a whim or small chance it may work out. Luckily for them, it did. You may find some of these individuals in the bunch. How do you rectify the situation? Make it easier for affiliates to get links. Ensure the system is easy to navigate. Then, give them a step-by-step guide. This guide should include how to login to the system, browse or search for affiliate links, copy and paste them on their website or blog.

The lack of participation from new affiliates may have to do with money. Affiliate programs come in a different shapes and sizes. Some affiliates earn a varying percentage from each sale generated, while others earn a flat fee. Regardless, make sure you are providing your affiliates with fair compensation. This benefits everyone involved. If you can?t increase your commission, opt for unique approaches, like hosting contests. Give an extra %25 or %50 to the top performing or most improved affiliate. This incentive not only provides an extra push, it may help to compensate for the small commission.

Another reason why some website or blog owners join and affiliate program and don?t use the links is because they are lazy. It is as simple as that. In this aspect, there is not much that you can do. Now, it is time to think about yourself. In fact, create a deadline. Give each affiliate one month to add your banners to their websites or else you will terminate the partnership. This provides the extra push to get it done. When each member applies to be an affiliate, they provide you with their website address, visit the website. Don?t see your banners or links on there? Send on reminder email. If after that, they don?t take action, terminate the partnership.

As you can see, there are many reasons why some internet users apply for affiliate programs and stop there. They do not do anything else. They don?t place your banners on their website and they don?t ask for help. Give it a couple of chances, but don?t waste your time. There are plenty of website and blog owners who genuinely love what they do and want to actively participate in affiliate programs. Spend your time coaching and encouraging these individuals, they are where the profit is.

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The Dangers of Not Providing Your Affiliates with Support
May 17th, 2008 under Attracting Affiliates. [ Comments: none ]

The Dangers of Not Providing Your Affiliates with Support

If you run an affiliate program, you need to ensure your affiliates are doing their part. They must use your coded links and banners. If not, they are doing nothing to generate sales for you. In fact, they are wasting your time. With that said, don?t write off each of these individuals as lazy. There are many cases in which those new to affiliate programs need a little help and support, be sure to give it to your members.

As previously stated, you need to provide all of your affiliates, especially those new to the program, with support. Why? Better yet, focus on the dangers of not. If you setup an affiliate program, give a few coded links, make payments when needed, but then just disappear what could happen? Continue reading on to find out.

You may lose quality affiliates. Do not make the mistake of assuming all good affiliates can do the job without asking questions. Some may be unable to access your website, may have trouble uploading your graphics, and others may have payment related questions. Anyone can have a question at anytime, including your best performing affiliates. Don?t let them get angry and jump ship because it takes you one week or never to answer a question.

You may create a bad name for your affiliate program. Affiliate programs do work. They are successful. The business person using an affiliate program, which would be you, sees an increase in sales. Better yet, the affiliates who help generate those sales are paid. This information will spread like wildfire online. People are always taking about how they make money online. Don?t be surprised to see an influx of applications after your payments are sent out. This is because your affiliates are talking about the opportunity online. Unfortunately, people don?t just talk about good things. They share problems and complaints online. If an affiliate of yours cannot get a response from you, they may turn to the internet and broadcast their complaint. Anyone who reads it may later think twice about joining your affiliate program.

You may cause unintentional rule breaking. Many affiliate programs prohibit affiliates from using their own links to buy. The goal of affiliate programs is to generate unique sales, not planned or staged sales. If your rule on this practice is not outlined in your terms and conditions, you are likely to get an email asking about the rule. However, if you don?t respond, the affiliate may go ahead and use their affiliate links to make a purchase. Not only do they get the items they ordered, but they get money from the commission too. If you catch the person, they can claim they didn?t technically break the rules because they weren?t highlight and because you didn?t respond to their original message.

You can lose money. As previously stated, you need to cater to all of your affiliates. Whether they have a question, suggestion, or complaint, it needs to be address. If you just ignore your affiliates, you will anger some. These angry individuals are likely to jump ship. When that happens, you lose money. Don?t just think about the money lost immediately, but the long-term. You had an affiliate who was having problems getting your embedded banners to display on their website. You ignored their question and they left. This is bad if they had a well designed, easy to navigate, and marketed website. You may have cost yourself thousand of dollars in sales, just in the first year!

As you can see, there are many consequences to avoiding your affiliates. Never do it. If you don?t already provide your affiliates with helpful support, start now before you staring seeing the consequences.

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The Dos and Don?ts of Hosting an Affiliate Program Contest
May 11th, 2008 under Attracting Affiliates. [ Comments: none ]

The Dos and Don?ts of Hosting an Affiliate Program Contest

If you run an affiliate program, you know the importance of motivation. Some of your affiliates will try their hardest no matter what. On the other hand, some need motivation. What can you do to motivate them? Host many contests.

When it comes to hosting contests for your affiliates, you have many options. If this is your first time hosting an affiliate contest, please continue reading on for a list of dos and don?ts.

DO advertise your contests. Contests serve as motivation for affiliates. They are more willing to put that extra foot forward if they know they are rewarded for their hard work. For a contest to work and improve affiliate moral, your affiliates must know about it. Highlight your contest on your affiliate program?s website, in a company newsletter, or through emails.

DON?T forget to clearly state the contest rules and restrictions. For example, if you are rewarding the most improved affiliate, describe how you will select that individual. Is it the affiliate who sees the bigger increase in sale frequency or do you want to base your winner on the highest dollar amount of sales? Outline the prize, whether it be a special mention in an affiliate program newsletter or %25.

DO host contests and as often as possible. The more contests you hold, the more results you will see. For example, affiliates are more likely to work harder when they know they have the chance to win compensation every two months, as opposed to once a year. In terms of affiliate contests, it is best to opt for short-term results.

DON?T focus on the same individuals month after month. This is most commonly seen with rewarding the highest earning affiliates. They tend to fluctuate between one or two individuals. Mix it up a little bit. In fact, offer a few contests aimed at new affiliates. These are the ones that truly need the extra push and something to strive for. Occasionally, offer a contest for the new affiliate who generated the most sales or the most improved affiliate.

DO share tips on how to improve sales. You want to do more than just say ?We have a contest for the most improved and top earning affiliates.? Underneath the mention of your contests and above the various rules and restrictions, provide tips. These tips can help your beginners. Not only can it improve their chances to win a contest, but these tips should automatically increase the affiliate earnings. Share tips on internet marketing and stress the direct link between increased commissions and well-marketed websites. Focus on add placement. All links and banners above the fold are likely to get more clicks.

DON?T forget to recognize those who won contests. At the close of a contest, you may just pay the winner their extra %25. Do more than that. List the contest winner on your website or in a company newsletter. For starters, it improves moral. The winner of the contest would have been pleased with the extra %25, but having their name published now gives them pride. They know you and other affiliates appreciate their hard work. Finally, newcomers to your program want to see proof that the contests are legitimate. New affiliates who can see a list of past contest winners and know that you do deliver the prize are more likely to put forth that extra effort.

DO think outside-of-the-box, in terms of contest themes. As previously stated, popular contests for affiliates include the most improved affiliate and the top earning affiliate. These are good, but remember there is more to running and making money through an affiliate program. In the above mentioned tip section, it was stated that high traffic websites and good add placement translate into sales. Reward your affiliates for these. Have a contest for the best-marketed website, the best-designed website, or the website with the best ad placement. If your affiliate program relies on sales pages, instead of banners, reward affiliates with the best sales page design. Your options are endless. Basically, anything remotely related to affiliate program and internet market can turn into a contest.

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Running an Affiliate Program: Your Payment Options
May 5th, 2008 under Attracting Affiliates. [ Comments: none ]

Running an Affiliate Program: Your Payment Options

If you sell a product or a service online, an affiliate program can do wonders for your profits. A strong affiliate program enables you to rely on outside help. This outside help comes from website owners who display links and banners for your online store, the product, or service you sell. Each time a sale is made, you both make money. It doesn?t get much better than that.

If you are just now considering an affiliate program, you are likely to have many questions. One of those questions is about payment. What should you pay your affiliates and how should you pay them? In short, the decision is yours to make, but continue reading on for a few helpful suggestions.

In terms of how much you pay, you have two options. Those are percentage based and flat rate commissions. If you are selling a single product or service that sells for the same price all the time, it is best to have a flat rate commission. It is easy to know how much you owe your affiliates and it is easy for them to determine the amount owed. If you have a wide range of products, like if you operate an online store, you may find the best luck with percentage based commission. If you sell a wide range of high and low priced products, opt for commission based on category, such as a different rate for toys, clothes, and electronics.

As for how you can pay, you may not have a choice. If you use a third-party affiliate hosting company, they may have rules and restrictions. For example, you may be required to pay the company and they in turn pay your affiliates. More often than not, this gets complicated. If you wish to use a third-party affiliate hosting website, review the payment options and restrictions of all hosting companies before making your choice.

If you have the freedom to pay your affiliates anyway that you see fit, you may opt for checks. Business checks are ideal, as everyone is provided with a record. Your affiliates will need their paycheck stubs to calculate their income for tax purposes. From the standpoint of an affiliate, there are no fees for cashing a check at a local bank.

If you like the safety and security of business checks, but worry about the extra expenses of paper, consider direct deposit. All banks in the United States allow for direct deposit. If you are just getting started, know that some individuals have reservations about disclosing their bank account information. Make it possible for new affiliates to opt for checks first. Once they know you and your moneymaking program are legitimate, they may be more comfortable providing you with this information.

Your next option is to opt for PayPal. PayPal is preferred by most affiliates and home based workers. It is safe, quick, easy, and convenient. You may be charged fees to send bulk payments via PayPal. With that said, if you want to reduce the wasted paper, PayPal is one of your best options. Both you and your affiliates are provided with detailed records, which are easy to print for tax purposes.

Finally, you need to decide how often you want to pay affiliates. You do not want to cut checks for only %1 or %2. For that reason, decide on a minimum payout. With that said, look at it from the standpoint of your affiliates. It can take beginners months to earn %100. It may be best to opt for a low, but easy to process payment, like %10. You can always give your affiliates the option to set their own minimum payout, starting at %10.

In conclusion, you have many options when it comes to paying your affiliates. The good news is that you are in control. You determine how much your affiliates make, when they get paid, and how they get paid. When making these decisions, ensure you make money but also that your affiliates do too, as that is what keeps them coming back.

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