How are Affiliate Programs administered?
The best way to administer an affiliate program is by using one of the many
independent affiliate management companies. These companies source both
affiliates and merchants and put them together. Not only will you have to pay
your affiliate in this scenario, but the affiliate management company also,
usually for each sale that is made. Some may charge a monthly fee and or a
set-up fee on top of this per transaction charge. Whilst it may seem that you
are outlaying alot in commission just for someone to market your product, you
are saving as you no longer have to market your product to your affiliates
customers.
YourMarketingStaff.com have administered a range of affiliate programs
through a number of independent affiliate management companies. The management
company is chosen based on 2 factors; their set-up and on-going charges, and the
geographic internet population they serve. As an example, if you sell insurance
to UK and Australian residents, you would want an affiliate management company
that serves this market, not one that has a base of American affiliates.
How are Affiliate commissions paid?
There are 3 types of affiliate commissions. These are:
Pay-Per-Sale - When a customer purchases a product as result of a
click-through from the affiliates site, the merchant pays the affiliate a
commission. This commission is usually a percentage of the sale, or a flat fee.
Pay-Per-Lead - Merchants pay their affiliates based on the number of
people referred through to them from the affiliates site. The customer would
fill out a form on the merchants site and this information would be used at a
later stage by the merchant to contact the customer. This type of commission is
usually used by companies who have a product to sell but who do not operate an
e-commerce website (for example motor vehicle website).
Pay-Per-Click - In this case, the merchant pays the affiliate a
commission for each and every visitor that comes through to the merchant site as
a result of a click-through from the affiliate site, regardless of whether a
sale is made or not.
Assistance with Affiliate Programs
YourMarketingStaff.com have the knowledge and intelligence to get your
affiliate program up and running. The management of such a program can
take valuable time away from the important day-to-day running of your business
that is your main concern, so let us manage it for you. We develop and implement
affiliate programs as part of our overall Internet Marketing Strategy, or we can
develop yours as a independent online marketing tool. Please contact us today to
find out more.
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