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Changing faces of affiliate programs?
Home :: Business :: Affiliate Programs
By: Happy Singh Email Article
Word Count: 1172 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

But I'm happy to report that times are changing! Companies are starting to look for better ways to compensate their affiliates for referring customers to them.

Don't get me wrong, I'm not condemning affiliate programs...my entire site is dedicated to the topic. I just want you to know that some companies are starting to look at new methods of rewarding you for sending those customers. After all, you are a salesman for them. How many brick-and-mortar companies do you know of that will have a salesperson make a sale, pay them their commission, and then never pay them another cent for future business from that same customer?

Why should the Internet be any different? It shouldn't...and program administrators are finally figuring that out.

There are many companies that will track the visitor that came from your site, and credit you for the sale even if they don't purchase something until the next day, or week, or month. Others will make that visitor your lifetime customer. If they come back two years later and buy something, you will get a commission for that.

A good example of this is Ken Evoy's 5 Pillar Affiliate Program. If you sell one of your visitors a copy of his book: "Make Your Site Sell!"( http://www.sitesell.com/helpmakemy.html ), you will not only get a commission for that sale, you will also get a percentage of all future sales from that customer, no matter what product or service they purchase.

A new idea being offered by companies such as Vstore ( http://affiliatematch.com/vstore ), is to allow your visitors to buy products without ever leaving your site. This means that the visitor has the time to spend on YOUR site, and get to know what excellent content you have to offer, and to hopefully return to YOUR site for future purchases.

This concept allows you to sell products such as magazines, gifts, luggage, hats, and cooking accessories from your site, without having to give up the customer that you worked so hard to get.

Here is an example of the power of this idea: I have a site that gives tips and hints for those hoping to become Microsoft Certified. An excellent product for me to sell from that site is books. Everyone studying for this certification will need books at some point or another to help them pass the exams. They come to my site for information, and I sell them a couple of books while they are there. Does pretty well for me, but can I quit my day job? Not exactly. I get a great deal of traffic...highly targeted traffic at that.

I should be rich! I'm not. Problem is, they visit my site, and I do my best to sell them on the idea that they will need books to help them study for the exams, then I send them off to Amazon, and they're gone. If I'm lucky, they might remember my site when they get ready for their next exam. But chances are that they will still have the Amazon shipping box sitting on their desk, and will go directly to them to purchase the additional books.

So what can you do about it? Look for programs that will compensate you for future sales, or give you credit for the sale the next day, or month after they first visited them from your site. Or, look for programs that allow you to sell products directly from your site, without the visitor ever having to leave.

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