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How to Increase your eBook Sales with an Affiliate
Program Some of the best-known books and authors have
captured their huge market share by providing an incentive
to webmasters to link to their site. Look at titles such as
Ken Evoy's 'SiteSell' info products or Declan Dunn's books.
Each has thousands of loyal webmasters recommending their
books in return for a sales commission.
Affiliate Marketing can be the most effective marketing
method available to online marketers. After a small initial
investment for a suitable tracking solution, you are then
provided with performance-based advertising. No sale - no
marketing costs. You simply pay an agreed commission or
'bounty' once you have made a sale.
However before you rush out to set-up your program, let's
review some important points you need to know before
launching your program -
1. Get your sites sales and conversions right before
launching a program
If your site or info-product isn't selling then an
Affiliate Program is not going to help. It will simply
provide you with yet more visitors who 'look but don't buy'
plus irritated emails from affiliate partners asking when
you are going to improve your sites selling power.
Launch your site, test and improve your sites conversion
rates. Then it's time to introduce an Affiliate Program to
leverage additional traffic to your proven sales generating
site.
2. It needs to be profitable for your affiliates too!
Well-paid affiliates are happy loyal affiliates who will
continue to promote your book.
Too many program managers consider Affiliate Programs to
be a method of cheap advertising or branding. Instead
develop long-term strategic partnerships, remember that
every cent earned by your affiliate represents a greater
profit for you. Take pleasure in cutting your affiliate
checks. Pay your affiliates well and pay them on time.
3. It's quality not quantity that counts
Often quoted is the 80:20 rule but really this is much
more like 95:5 i.e. only 5% of your affiliate partners will
actively promote your program or have the traffic or
merchandising skills to send qualified visitors to your
site.
Is Your Info-Product Suited to an
Affiliate Program?
Think of your affiliate software as a tool to help
develop strategic partnerships. Enabling you to partner with
key sites that already receive large numbers of visitors
relevant to your eBook.
Before launching your program spend some time researching
sites that might be ideal partners. The easiest way to do
this is to look at the sites holding the top search engine
positions for keywords descriptive of your books topic. The
object is to find quality, highly trafficked sites that
already has an influence over your potential customers -
these sites will be your best affiliates.
A successful program can be based around just a handful
of key affiliates, are you able to identify sites suitable
that are likely to join your program?
By now you should have a good idea as to whether
launching an Affiliate Program will be right for you. Do
realise though that it will not be an 'automatic sales
generator', operating a successful program takes time and
effort.
As well as recruiting and helping your affiliates you
will need to provide your affiliates with tools that sell.
You need to take responsibility in providing your
affiliates with tested link methods that generate results.
Creating linking methods to include -
Banners
The worst performing link method, the banner, will
probably be the most used link by your inexperienced
affiliates. I have found far greater success by designing
banners that look like text links as opposed to artistic,
graphic banners.
Text and Email Links
Explain to your affiliates that they will receive greater
success with the use of text links and provide carefully
crafted examples. Encourage your affiliates to place links
in context to their sites content.
Free Extracts and Downloads
As an info-product publisher you will have some great
content ready prepared, use this to its full advantage.
Create a free download or excerpts and make these available
to your affiliates.
You could provide these as a series of emails, with the
right affiliate software you can then embed the affiliate ID
links into each email and even allow your affiliates to
provide a sign-up form to subscribe to the report directly
from their site.
For key partners you could even create an abridged
version of your manual with their ID code embedded in the
document.
Product Links
Offer your affiliates a 'product link'. Provide the HTML
that includes your book cover graphic, a strong headline and
then encourage them to combine this with a review or
testimonial for your book.
Book Reviews and Articles
Encourage your affiliates to do a review of your book and
provide them with articles that they can reproduce on their
site or within their newsletters.
Which Tracking Solution is Right for
You?
There are a multitude of options each with varying costs
and features.
Without very generous budgets it's unlikely that a
networked solution such as Be Free or LinkShare will be
viable. Commission Junction could be an option providing a
reliable tracking solution, a pool of 'ready made'
affiliates plus they handle check cutting and an in-house
fraud detection team. However, don't expect their 'ready
made' affiliate pool to be ideal for your program - the best
performing affiliates will be the ones you find and recruit
personally. Costs with CJ start at $1295 plus a 20%
transaction charge.
For those with more modest budgets you can utilise a
software-based solution.
Low cost solutions such as Affiliate Tracking Network
start from $75 plus $29.95 per month. Look at these low-cost
options carefully - they may not offer all the features you
later discover you need and upgrading can be a very time
consuming task.
ClickBank appears to be a very popular solution for
info-product publishers especially as they also offer
merchant account services. The tracking is adequate but
personally I find the setting up of links as an affiliate a
little clumsy and overly complicated for the novice HTML'er.
You really do need to make the sign-up and placement of your
links as simple as possible for your affiliates.
Don't skimp on the foundations. You wouldn't launch your
books site without your own domain name so why launch what
could be your most effective sales strategy based on a free
or cheap tracking solution?
One of my favourite software based solutions is
Kowabunga's 'My Affiliate Program'. It carries a slightly
higher price tag than some of the other software based
solutions but comes with many very powerful extras that
really can make the difference to a successful program.
For example my eBook, 'The Practical Guide to Creating
and Managing a Profitable Affiliate Program' offers a series
of free extracts. These are delivered by email over a
two-week period. Kowabunga's software includes a mailing
feature to handle this automatically and even provides a
signup box for the free extracts that enables affiliates to
place on their site. This ensures every email is tagged with
their affiliate ID code and provides affiliates with a much
more effective linking tool than simply relying on the
typically poor performing banner ad.
This article has only scratched the surface as to how to
establish your program, you will need to plan your program
carefully to ensure it's an attractive proposition for
potential affiliates, be prepared to spend time creating
pages to 'sell' the benefits of your program, invest time
and effort in recruiting your affiliate relationships and
working with your partners to generate sales but ultimately
you will be rewarded with a steady flow of targeted visitors
to your site interested in your info-product.
For more help and advice
click here for free extracts from 'The Practical Guide to
Creating and Managing a Profitable Affiliate Program'
Neil Durrant
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