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Andy Michaels Newsletter

Archive for Motivate Your Affiliates

Aug
06

Know Your Conversion Rate

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The first mistake newbie’s make is they start contacting JV partners left, right and centre before they’ve even made a sale of their ebook themselves. This is wrong. Very wrong. You need to be able to contact a potential JV partner and be able to tell them how your sites converting.

Site conversion is simple. It’s the amount of visitors to the amount of visitors who buy. So for example if one hundred people visited your site and two bought your conversion is two percent.

You want to get at least one thousand visitors before you know your conversion.

To work out how your sites converting download the software fromwww.statcounter.com. Don’t worry it won’t cost you a penny.

Offer Large Commissions

Once you know how well your sites converting (if no one’s buying don’t even bother contacting marketers. Improve your sales letter, change your headline, whatever it takes) you can start contacting JV partners. Offer them more than your regular affiliates. If you offer your affiliates fifty percent commission, offer your JV partners seventy five percent.

You may be thinking “wait a sec those commissions are huge? I won’t make any money myself”. This is where so many go wrong.  If people are sending you tons of visitors you can build your email list and offer them other products in email promotions, and you can also make money selling back end products.

Return The Favour

Offering high commissions is not enough. Tell them that you’ll add a message into your auto responder set up so that you’ll market their products via an affiliate link in your back end. Explain that you’ll be setting up joint ventures with other marketers in the niche so that they’ll get visitors to their site without spending a dime.

Using Clickbank

Please, please understand one thing. If you’re selling an ebook on fitness don’t start contacting marketers who sell gardening products. That’s just ridiculous. Only contact marketers who sell products aimed at your niche market and therefore have an email or customer list of people who may have an interest in your ebook.

With that in mind start at www.clickbank.com. Click on “promote products” on the home page and then search the marketplace for products in your niche. Contact the product owners and try setting up a JV.

Comments (4)

Recently I’ve been talking about what you need to do in order to earn a serious living online through having your own affiliate program. Done properly this could earn you more money than you could ever have dreamed of.

The methods in this post outline what you need to do to in order to overcome the three barriers of starting an affiliate program.

You need to:

Persuade people to sign up

Make it easy for them to market

Motivate them to market fast and market hard.

Do this and you’ll be able to create a hugely successful affiliate program and you’ll sell a truckload of your products without any real hard work or any costs.

And soon I’ll be showing you where you can go to find masses of affiliates to start promoting your products.

Today I want to show you a number of different ways that you can find joint venture partners, as well as some very specific strategies you can use to get your niche markets top marketers to promote your products and web site.

A joint venture is where you contact a marketer in your niche market who has an email list of subscribers who may have an interest in your product. They can be the lifeblood of your business. Just five decent joint venture partners who promote your ebook to their email list in exchange for a commission can put your current income through the roof. Read the following posts and go out and take action. I assure you your results can be life changing.

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