Maximize your direct selling opportunities!
As you recall from part two of this series on effectively maximizing your direct selling opportunities.
There are several ways to strategically increase your profits on and offline.Correct?
And some form of customized,direct selling, is definitely one of them.Would you not agree?
This post will offer five incredibly vital things for you to consider, before you incorporate the affiliate sales business model into your long term sales process.
Basically, for those of you not totally familiar with the term ‘affiliate’.
It simply refers to a, (typically commission) only type of sales rep, who only receives some form of compensation, for every completed sale of your products or services which they help make possible.
Properly Structured Affiliate Sales Programs Offer Serious Potential For Long Term Direct Selling Opportunities!
Of course there are tons of ways for affiliate sales reps to be compensated. Such as:
1.) Some programs pay on a cost per click basis (CPC), very similar to the PPC (Pay Per Click) income producing model.
This simply means, every time one of their visitors (simply) clicks on one of their (hopefully) strategically placed banners, the affiliate earns a few cents per click.
You’ll (literally) need a ton of clicks in order to earn any decent money!
However, if you’re a major celebrity and or superstar athlete or entertainer, or extremely popular TV personality, with literally millions of followers on social media.
And several hundred thousands of your followers. And or opt in email/mobile marketing subscribers click on a link, and you earn (just) ten-twenty cents per click.Several times a day! 😀
You Definitely Can And Should Seek Out Additional Sources Of Income Producing Activities!
2.) Some programs work on a cost per lead basis (CPL). This type of program, typically pays more, because you not only get the visitor to click through to your vendors link.
But you usually also require them to fill out a brief -pre qualifying- form of some kind.
Like perhaps a survey or application of some kind. Some mortgage companies and or rather high paying ticket items, use this referral fee, ‘pay so much per lead’ compensation plan, in order to lower their upfront out of pocket cost.
3.) And of course the most preferred method of immediate paid compensation is, being paid a percentage of every sale you make, (such as) a 25% -100% commission off every sale you make
on the front or back end.
Whether you’re technically ready to implement your own in house affiliate sales program or not.
Don’t Limit Your Direct Selling Opportunities By Getting Involved With Companies Which Offer No Ongoing Customer Service Support!
Or whether you’re seriously considering joining any type of online affiliate sales program.
Here are five incredibly helpful tips you should seriously consider, before joining any affiliate payment type of program.
This first tip (which is) mandatory, kinda goes with out saying. But always look for affiliate programs that are highly reputable, and offer excellent, ongoing customer service and follow up support.
This way you avoid upfront, (95%) of the potential problems before they even occur.
Five Helpful Tips To Help You Identify Potentially Profitable Affiliate Programs!( And Avoid The Bad Ones!)
1.) Helpful tip # one: If you’re going to invest your extremely valuable, (not to) mention irreplaceable time and semi limited resources.
Always look for affiliate programs that offers, (not only) high commissions payouts.
But whenever possible, look for affiliate programs that offer two tier payout payment plans as well.
Two tier just refers to the fact that, (not only) do you get paid for every sale you make, but you also receive a percentage of the future gross –back end– sale(s), that any affiliate who signs up for the affiliate program under your link makes as well!
2.) Helpful tip # two: Make sure by (pre investigating) their sales page that it has a documented sales conversion ratio of at least one percent.
Meaning- that (typically) for every one hundred unique first time visitors to the vendors website, that they convert at least one of them into a paying customer.
It’s Definitely A Whole Lot Easier To Be Your Own Boss When You Become More Pro-active!
Of course the most successful online marketers, will more than likely have a higher sales conversion ratio than one percent.
But you definitely do not want to waste your valuable time, and or devote your extremely limited resources promoting their products or services, if they don’t!
3.) Helpful tip # three: Another often overlooked consideration is; be absolutely sure that the affiliate program has state of the art tracking software, that monitors every possible legitimate way you can earn ongoing affiliate commissions.
Which includes potential affiliate sales by phone, fax and or snail mail orders etc.Because sadly (industry wide), as much as 20% of your overall gross affiliate commissions are routinely lost due to the aforementioned fact alone!
There Are Lots Of Moving Parts To Direct Selling Strategies And Or Tactics!
4.) Helpful tip # four: All the top affiliate sales programs offer the ability to track your ‘real time’stats.
This simply means, that you’ll probably need to create a unique username and password.
And this way you can log into your vendors site, (anytime) you want and review your latest visitor stats, click through rates and current sales stats etc.
5.) Helpful tip # five: Another really helpful tip is to look for a reputable affiliate sales program that offers additional ‘affiliate sales training/ educational’ materials!
Because lets face it already, at least 90% or more of the people that initially sign up to be a commission only compensated affiliate, have never successfully sold anything online before.And sadly, many never will.
In Order For Your Direct Selling Strategies And Or Tactics To Be Really Successful You Will Definitely Need Some State Of The Art Technology!
So it behooves the really successful affiliate program owners to offer the best cutting edge training and ongoing support programs that they can.
While nowhere near complete. These five (incredibly) simple, and straight forward tips, will help any serious entrepreneur,(not only) create and run their very own highly successful affiliate program.
But they will help you discover ‘how to’ avoid the not so good ones as well! 😀
And in effect, help you maximize your direct selling opportunities, at least, when it comes to successfully implementing affiliate sales programs. No matter what your particular niche is.
As always, if you got any value out of this post, please Google Plus or tweet this. Thanks!
And be sure you grab your explosive free 22 step small business marketing idea kit series.
Because it will help you master your effective communication in marketing skills. It’s a $97 dollar value and it’s free!
