While this website solely focuses on the affiliate side of
things, this article is intended for the affiliate managers among us who need
to shake things up a bit and get their affiliates back to making money. As an
affiliate, it is important to know this side of the business and be aware of
the things you can ask for as well as what would make you a favorable affiliate
(beyond bringing in good traffic, of course).
Why do Affiliates
Even Need to be “Woken Up”?
Affiliates earn money based on their performance – so why
would they be performing at anything below their best? Sometimes, it’s down to
some of the most basic elements. Often times, you’ll find that your media tools
are lacking. This means that your affiliate has little to work with and feels
like he’s hit a wall in terms of his ability to promote your product. As an
affiliate, it’s always best to ask for more media (banners, reviews, etc) – it
also shows you have the intention of working hard to bring in more traffic.
Sometimes, your affiliate may find a similar product with a
better deal, leading him to move his resources to someone else. A good way to
deal with this is to come up with some incentive that makes it worthwhile for
the affiliate to promote your product. As an affiliate, it never hurts to ask
for a better deal or exclusive promotion to run through your network.
Waking Them Up
1.
Incentives
– It never hurts to give someone more to work for. While you may have a
standard CPA deal, you can easily offer extra payment when your affiliate goes
the extra mile. For example, if your affiliate places you in a better spot, why
not make it worth his while? Eventually, a better deal will come along and you
will slipped further and further down.
2.
Stay in
Touch – Keeping in touch with your affiliates is a great way to make sure
they know you’re watching and that business is running as usual. Furthermore,
it never hurts to stay in touch – you may hear about competitors’ offerings and
industry gossip.
3.
Create &
Push New Media – Having great media tools is the right way to start your
relationship with the affiliate, but it’s not enough. Show you’re serious by
researching the different results that different texts and banners provide and
let your affiliates know what works best. This shows that you are serious about
your business relationship.
4.
Create
Exclusive Promotions – When an affiliate has an exclusive discount to offer
your clients, it means that an extra effort will be put in to bring more
traffic. An affiliate earns his living by marketing – so he knows that when he
has an exclusive promotion, his competitors will have a hard time pushing an
inferior offer. This is why quality affiliates are the only ones who should receive
such offers.
Once you’ve made contact with your affiliate, be sure to
maintain communication with him – even if only twice a month – a few words go a
long distance.
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