Just lately I've had several business people approach me for support and advice in adding an affiliate program to their business. And quite often what has prompted them to consider adding this extra cash flow stream is the fact that someone has just said to them "do you have an affiliate marketing program that I can sign up to?"
Just because someone asks you this does not mean you need to run out and buy one set up. You'll find critical steps you have to take BEFORE your business is ready to have an affiliate program added to it.
Just before we have these critical steps let us simply take a look at what an affiliate program is and also what it really can mean for your business...
Basically an affiliate program is your own personal product sales army of people (a.k.a. your affiliates) who will get out there and recommend your software programs and products for you and in return you'll pay them a commission on everything they offer. The commission amount of money can be what you need it to be, however, the own preferences of mine are fifty % on items that are electronic as well as 20-25 % on group programs.
You will provide your affiliate with an one of a kind affiliate ID that they will after that put in the ezines of theirs, on their blogs and sites, share with their social networks etc. telling everyone about your products and applications. A visitor is going to come along to their blog (or wherever they have placed the affiliate link) of theirs read all about YOUR products and programs, click here to buy Kibo Eclipse the hyperlink through to YOUR sales page, and then BUY your products. Because they came out of your affiliate's internet site (and the device knows this because of the unique affiliate ID your affiliate has) your associate are paid commission on that sale. And it's all automated so the device takes care of the product sales and commissions.

In a nutshell, what an affiliate programs indicate for you as well as your small business is the fact that you: