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Multiply Your Sales Through Affiliate Programs

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  • Pradeep Aggarwal
    Hi, Multiply Your Sales Through Affiliate Programs What could be better than exceeding your personal sales goals for a given month or year? How about doubling,
    Message 1 of 1 , Jan 26, 2006
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      Multiply Your Sales Through Affiliate Programs

      What could be better than exceeding your personal
      sales goals for a given month or year? How about
      doubling, tripling or even more of you sales goal for
      the month? This is exactly what affiliates can do for
      you. The amount of growth potential through
      affiliates is unlimited; the more affiliates you have
      the more money you can make, after all, if Sam Walton
      tried to run every Wal-Mart store, he obviously
      wouldn’t be very successful. You must realize that
      for maximum growth you cannot do it alone. Think of
      the success of companies such as Avon or Home
      Interiors. Their success is based on two things; a
      great product and excellent affiliate programs.

      To attract affiliates to your company you should make
      it worth their time. Offering one percent of sales,
      is not an attractive offer, the higher the commission
      that you are able to offer your affiliates the more
      affiliates will be tempted to join your team. You
      should also provide your affiliates with the tools
      that they will need to successfully market your
      product such as banner ads, articles, and anything
      else that will help them to better market the product.
      You should provide the affiliates with updated
      product information through newsletters, new
      promotional campaigns and other things to motivate and
      inform the affiliates.

      You can choose to run your affiliate program in a few
      different ways, both of which are beneficial to your
      business. A one-tier affiliate program allows you to
      generally offer a larger commission and pays on one
      level. The affiliate will receive a predetermined
      amount for each sale. Using a two-tier affiliate
      program, affiliates are paid on two different levels.
      This is done by allowing the affiliates to recruit
      others to sell under them. In this situation, the top
      level affiliate would receive a slightly larger
      commission than the recruit or second level affiliate.
      For example if the top level seller makes 20% of the
      sale, then she/he would make 15% giving the second
      level affiliate the 5%.

      Setting up the affiliate program can also be done in
      two different ways. One way is to do it yourself
      through an affiliate tracking software. This software
      will provide you with a way to track affiliate sales
      as well as allow the affiliates to view their
      progress. The downside to this option is that you are
      responsible for making payments. You can also choose
      to hire an affiliate tracking company to do all the
      work for you. These companies will allow the use of
      credit cards and completely run the affiliate program
      from billing customers, paying affiliates, and also
      pay you. This is a great option for the busy business
      owner or the beginning business owner and it is
      affordable as most affiliate tracking companies charge
      a small one time fee. However you choose to run your
      affiliate program it is sure to increase profits for
      your business.
      Always in your success,
      Pradeep Aggarwal
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