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Monday, 29 November 2010

4 Tips For An Effective Affiliate Program

1. What Is an Affiliate Management Program and Why Do You Need One?
Affiliate management programs allow you to effectively operate your affiliate program and the partnerships formed through it. You need effective affiliate management to ensure the highest ROI possible for all of your partnerships. Amazon.com is the poster child for a hugely successful affiliate management program. By using a robust affiliate management program and providing powerful tools and training to their affiliates.
2. Where Can You Find an Effective Affiliate Management Program?
Then, just how can you get your own affiliate management program? If you type the phrase "affiliate management program" into your favorite search engine, you'll see a plethora of returned search results. 3. Things to Look for In an Affiliate Management Program.Your affiliate management program should allow you to track your affiliates' progress, train them, contact them individually, and even make special arrangements with them (partnerships). A quality affiliate management program should immediately give you the information you need about your affiliates at a glance.
4. What Are Multi-tiered Affiliate Management Programs
A multi-tiered affiliate management program is one that not only pays your affiliates commissions on the sales they make, but it also allows them to recruit others and make a percentage of their sales as well. Multi-tiered affiliate management programs are structured somewhat like MLM programs. Some affiliate programs go as deep as 5 levels, but these normally don't live up to expectations. Two-tiered affiliate management programs usually work best for this. They are the most effective, as others don't pay as well on the 1st and 2nd levels (tiers) as the 2-tier affiliate management programs. Affiliate management programs that stretch beyond 2 levels may place the highest commission percentage to be earned on the lower levels - which are usually not filled. This prevents the affiliates from making the max commissions on their sales. It also provides little incentive for affiliates to keep promoting your product/service.Therefore, for the best results I strongly recommend you use a two-tier affiliate management program if you're thinking of implementing a multi-tiered affiliate management program. Better yet, implement an affiliate management program that gives you the flexibility to offer a flat affiliate program, a 2-tiered affiliate program, or no program at all to your affiliates.Look for an affiliate management program that's part of a package, or e-business suite. Let the tools do the work for you by choosing the right tools upfront.
Source by ezinearticles.com

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