Happy affiliates will enhance program
Managing an affiliate program is easier than ever with the software and help made available via today’s technology. However, managing your affiliates and keeping them motivated and selling isn’t quite as easy to do; so if the success of your business rests upon how your affiliates perform, you might want to provide them with the tools and resources necessary to get the job done successfully.
If you are already running an affiliate program for your products, you should know that there’s a large number of individuals who sign up for your program never to be heard from again. You can, however, reduce the number of non- productive affiliates by keeping in touch with them on a regular basis, thereby giving them a sense of belonging while availing yourself of their continued interest, motivation and degree of success in your program.
Some affiliates may require more attention than others, so you might have to remind this group of their usernames and passwords on the one hand, and tell them where to log in to check their stats, or get creatives on the other. whatever method you use to interact with these affiliates, you must always keep them informed of new product lines and changes in policy and/or procedures.
Education plus information equal motivation
The key to motivation is education and information, so make sure that you stay in touch, always pay attention to who your top sellers are, and make sure you provide them with enough information and educational resources to keep them engaged and motivated. You must also pay attention to who your worst producers are, and make sure you stay in touch with them constantly as well; but make sure you have a clear understanding of what problems they are having and try to provide solutions where possible.
The main reason many affiliates don’t perform well is because they don’t possess the self-starter characteristics, leadership qualities or guidance; but this can easily be changed by writing a marketing course, which you can even offer for sale to non-affiliates, but you should make it available to your affiliates at no charge.
In other words, by providing this kind of training (education) to your affiliates free of charge, you will create the conditions for two things to occur. You’ll motivate your affiliates and, in so doing, increase your long term financial objectives through increased sales and affiliate retention and perhaps, even loyalty.
Proper tools and resources beget success
If you want to operate an effective affiliate marketing program it is, of course, important to keep your creatives and sales copy up to date; and you should also always provide new material for your affiliates to use on a regular basis, because providing them with nothing more than a text link and one banner just doesn’t generate much excitement at all.
Providing your affiliates with sales letters, reviews, ads, banners of different shapes and sizes, and anything else that promotes their business – which in essence is your business – will go a long way in maintaining an effective marketing strategy and successful affiliate business. Be sure that your affiliates know the material is there for them to use, and always listen to their input in order to get the proper feedback on your material.
You should also hold virtual meetings. Just set up chat rooms where your affiliates can attend virtual meetings on a weekly basis, so you’ll be able to answer any questions. Invite motivational speakers, technical professionals and marketing strategists, plus anything and anyone else you can think of to make the meetings more motivating.
A pat on the back can’t hurt
Giving your affiliates the credit they deserve is also very important, so each month you should give credit to the best performers in your affiliate newsletter. Give small bonuses to those that perform well, and you can even set up a payment structure that rewards higher commissions and bigger volumes of sales.
Always make sure you do everything you can to help your affiliates succeed and make money in your program; because in the end if they are making money – you are also succeeding and making money. When you think about it practically, their success is your success, so do whatever is within your power and budget to ensure the success of your affiliate program by making sure your affiliates are successful.