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It becomes an easy I'ncome stream that people may want to join.
The trick in this situation is to
=> Spot a product with selling potential, that is relatively scarce and has not been over marketed.
=> Create
Affiliate Program where
product owner has failed or is incapable of seeing
market opportunity.
Remember caution - Do not spend huge sums setting up this type of program because
"Return on Investment" is likely to be low.
Step #5 - Mini Joint Venture ---------------------------
JV partners bring "something with them, to
party" - This might be funding, a huge opt-in list, a product or service, or ideas.
Affiliate partners on
other hand, bring only their desire to promote your products and services.
However,
practical day to day administration of
two types of programs is very similar.
For instance:
=> You should coach affiliates and JV partners in
best way to market
products.
=> You must listen to their issues and deal with them effectively and efficiently
=> You must make sure they are happy with
program arrangements, in order that they promote it strongly and join up for future promotions.
JV's and Affiliate programs are different, but only in small details. Treat them with similar care.
Step #6 - Affiliate Program Automation -------------------------------------
Quality tools are indispensable for Affiliate Program Automation
=> Affiliate Scripts - These are commercially available scripts that allow you to set up programs of various complexity in terms of compensation plans, account management, and program administration.
=> Administration Tools - These allow you to see in detail which Affiliates are performing and deserving of more of your effort, time and attention and which ones are not and can therefore be dropped from
program.
=> Sequential Autoresponder - Use this to coach and train your Affiliates by sending them regular e-mail.
=> VoIP Communicators - These allow you to hold Cheap Live training and support seminars where your Affiliates can virtually attend, see, hear and talk to one another from across
Globe without
need for expensive travel or phone costs.
=> Payment Processor - This is
facility by which your Affiliate partners will be paid.
=> Product Fulfillment - A successful program will generate many sales and
fulfillment process must be able to cater for
heavy workload.
=> Customer Care - The extra sales means that you may need to handle higher levels of end customer issues including returns.
Step #7 - In a Nutshell -----------------------
This may seem daunting at first reading, but in reality setting up an Affiliate Program is straightforward.
The blue print is :
=> Decide on
product type you want to set a program up for.
=> Decide on Affiliate entry and acceptance criteria
=> Decide on
compensation plan
=> Decide on
marketing plan
=> Decide
legal structure
=> Choose your automation tools
=> Market
program
=> Train and support your affiliates, especially your winners.
=> Don't be afraid to test new ideas
Relevant Resources -------------------
Affiliate Program Setup Scripts => TWSC Affiliate Lite! from http://www.twsc.biz => Affiliate Scripts from http://www.affiliate-scripts.com/
Affiliate Program Administration Tools => AssocTrac from http://shmyl.com/sjm
Sequential Autoresponders => Getresponse from http://www.getresponse.com => Aweber from http://www.aweber.com
VoIP - Cheap Live Communicators => http://shmyl.com/agz
Wealth Creation Strategies - F'REE 10 part e-Course => http://www.simplyeasier.com/wcs
Affiliate Programs - An example Promotion Template => http://www.simplyeasier.com/client/simplyeasierprofits.html ------------------------------------------------------------ Charles Kangethe of http://www.simplyeasier.com is a leading new wave marketer and a published author from England. The "Simply Easier" brand name is your guarantee of high value, quality Marketing Products, Services and Resources. ------------------------------------------------------------

Charles Kangethe of http://www.simplyeasier.com is a leading new wave marketer and a published author from England. The "Simply Easier" brand name is your guarantee of high value, quality Marketing Products, Services and Resources.