The concept of affiliate marketing is not new. Large internet corporations like Amazon and eBay have been using this strategy for decades. If you own a small internet-based business and want to promote your products and services in a cheap yet effective manner then you should start you own affiliate program. Doing so is not very difficult, thanks to sophisticated software programs and scripts available in the market. In most cases, these scripts have a user-friendly interface that allows inexperienced users to keep track of affiliate members and make commission payments automatically. If you have basic HTML and PHP knowledge then you shouldn’t face any difficulties.
In this article you will learn some basic strategies to increase the effectiveness of your program:
– WHMCS is the one of the most powerful client management systems on the internet. It can be integrated easily with any PHP-based website. In addition to affiliate management, this software can also help you accept payments, create web hosting accounts and provide support to your clients. All this comes at a low cost of $15/month.
– To attract experienced internet marketers you should offer higher commission rates than your competitors. Also, make sure that well-performing affiliates make more money than people who only make a few sales each month. This will motivate new members to work hard and increase their sales.
– It is your responsibility to provide promotional materials like email campaigns, banner ads and text links to your members. You can’t enjoy the real advantages of affiliate marketing unless you make it easy for members to get started.
– To help inexperienced members you should write some useful tutorials and create some screencasts. In addition to that, there should be a powerful support system on your site. If you are planning to use a system other than WHMCS then make sure you use a stand-alone ticketing system.
By starting your own affiliate program you can drive hundreds of unique visitors to your site on a daily basis. Hopefully the tips and guidelines given in this article will help you maximize your revenues.