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Saturday, November 21st, 2009

Affiliates Can Help You Market

September 28, 2009 by Becky Scott  
Filed under Marketing

By offering affiliate programs, you can increase your sales. Because by sharing some of the profits with your affiliates, you spread the word further than with typical marketing. You get other people to do your selling for you. By offering a small – or large – percentage of a sale (especially on high margin items), you get people excited about making money off of your product. And if they’re excited about your product, they’ll tell people.

sale signOf course, you’ll want to set up some rules about how your affiliates can market your product. But once you set things up, you can get the word out to a much larger audience than you could by yourself. And you make efficient use of the money it takes to get set up with an affiliate program, and should make even the costs of upkeep worthwhile.

For instance, Amazon has a pretty well-known affiliate program. Any time anyone mentions a product that can be found on Amazon, all they have to do is insert their affiliate link. Then they’ve just done the work for Amazon (for a very small percentage of the sale, too).

There are some well-known bloggers that offer teaching courses or workbooks. They, too, offer affiliate programs. Sell a few of their courses and you get a nice little commission. They get a sale and put forth little effort toward it (I’m not counting the time spent in developing the product, just the effort of that particular sale).

Affiliate marketing can work for both products and services. Think of it as a referral program. Someone sends you a client, you thank the person by giving them a portion of the sale. Win-win, right? Have you thought about how you can use an affiliate program to your advantage? What’s stopping you?

image: Grafixar from morgueFile

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