Setting Up your Affiliate Marketing System

There is much speculation about how much money you can earn online without your own product. Marketing your own digital product on the Internet can be very lucrative but there is no reason why you can’t profit a great deal by using creative methods that offer real value to Internet surfers and have your own product as well.

An affiliate program is really not as difficult to set up as you may think. Thanks to the high demand for affiliate systems recently, there are now lots of ways to set up your own program.

Here's what you need to set one up:

1. A web site with your own domain name.

2. At least one product or service that you own completely.

3. A system to handle commission tracking and payment.

That sounds pretty easy, doesn’t it? Well, actually it is! And it's getting easier all the time.

The first two items listed above are self-explanatory. Of course, you need your own website and your own product or service. You can't very well set up an associate program if you don't own the site or the product(s) you will be promoting. If you have not taken these two steps, you'll need to do them first. Once you've managed to get by these two steps, you can move right to step three, setting up your program.

You will need to search the Internet for a system that will handle commission tracking and payment. You can try to do this yourself but you will most likely miss some and missed ones are missed income. There are free ones, as well as, paid ones.

The positive aspects of an associate management system are many:

1. You can sign on associates more rapidly and grow a larger force of resellers.

2. You'll enjoy the automation and online management of affiliates.

3. These systems provide full sales statistics for both you and your associates.

Setting Up An Affiliate Marketing System

Affiliate programs will enable a business to generate

a lot of traffic and therefore boost sales through

promotion by third party sales or sites. It's also

a cost effective way to advertise your products and

services as you pay only for the efforts that

actually turn into sales.

Setting up your own affiliate system can be either

easy or overwhelming, all depending on how many

affiliates you want to recruit, as well as your

payment policy and the type of product that you are

offering.

As for your affiliate systems, there are two options

for your business - outsource the entire system or

run your own affiliate system through your own

web host. Each one boasts its own advantages as

well as disadvantages.

If you have a small amount of affiliates, then you

can run your own affiliate software. If you plan

to recruit a large number of affiliates, then you

will probably need to outsource. The reason for

this, is because you'll find it easy to deal with

a large number of sign ups, track payments, monitor

clicks, etc.

Types of affiliates

There are numerous types of affiliates out there

to choose from. There's the pay per sale, there

an individual is paid only if a sale is generated

from the affiliate's link. It's the least attractive

to people, unless the product is in high demand

and the most profitable for business.

Another type is the pay per lead, where you pay

only for traffic. With this type, the affiliate

is paid only if a visitor is generated from the

site of the affiliate. It's attractive to affiliates

although costly to web site owners due to the

possibility of non sale visits.

Considerations

When setting up an affiliate, something to consider

is whether or not you'll approve affiliates manually

or automatically. It's normally recommended to

start affiliate programs with your established

customer sites then progress to new ones.

If you are dealing with pay per clicks, you may

have to control the affiliates as the quality of

visitors will be a huge factor when it comes to the

generation of sales. By manually reviewing, you'll

also be able to judge the website or individual

affiliates to see if it's in the best interest of

your company.

If you decide to use your own affiliate system, one

of your biggest challenges will be how to pay

affiliates a percentage of what you end up receiving

from customers. To do this, you can rely on software

such as Affiliate shop to help you track and manage

Setting Up An Affiliate Marketing System

Affiliate programs will enable a business to generate

a lot of traffic and therefore boost sales through

promotion by third party sales or sites. It's also

a cost effective way to advertise your products and

services as you pay only for the efforts that

actually turn into sales.

Setting up your own affiliate system can be either

easy or overwhelming, all depending on how many

affiliates you want to recruit, as well as your

payment policy and the type of product that you are

offering.

As for your affiliate systems, there are two options

for your business - outsource the entire system or

run your own affiliate system through your own

web host. Each one boasts its own advantages as

well as disadvantages.

If you have a small amount of affiliates, then you

can run your own affiliate software. If you plan

to recruit a large number of affiliates, then you

will probably need to outsource. The reason for

this, is because you'll find it easy to deal with

a large number of sign ups, track payments, monitor

clicks, etc.

Types of affiliates

There are numerous types of affiliates out there

to choose from. There's the pay per sale, there

an individual is paid only if a sale is generated

from the affiliate's link. It's the least attractive

to people, unless the product is in high demand

and the most profitable for business.

Another type is the pay per lead, where you pay

only for traffic. With this type, the affiliate

is paid only if a visitor is generated from the

site of the affiliate. It's attractive to affiliates

although costly to web site owners due to the

possibility of non sale visits.

Considerations

When setting up an affiliate, something to consider

is whether or not you'll approve affiliates manually

or automatically. It's normally recommended to

start affiliate programs with your established

customer sites then progress to new ones.

If you are dealing with pay per clicks, you may

have to control the affiliates as the quality of

visitors will be a huge factor when it comes to the

generation of sales. By manually reviewing, you'll

also be able to judge the website or individual

affiliates to see if it's in the best interest of

your company.

If you decide to use your own affiliate system, one

of your biggest challenges will be how to pay

affiliates a percentage of what you end up receiving

from customers. To do this, you can rely on software

such as Affiliate shop to help you track and manage