Being an affiliate manager is about relationships, not technology. Affiliate managers are worth their weight in gold for affiliate marketing, and an investment in a pro-active manager will put you in front of your competition and dramatically increase sales when part of a business marketing plan.
Employing a manager to run affiliate systems on a retainer with bonuses is a win for product owners, a win for managers and ultimately a win for affiliates. Having them happy is the only way to keep them actively selling your product or service, and in turn improving business.
Russell Brunson knows how to manage his affiliates after losing over two years of work, and 6,500 affiliates in one day when his system crashed. He wrote down what worked and what didn’t, then started again and in less then two months he was back. Now 18 months later he has an affiliate list of 30,000 and draws in a six figure amount of cash per month from his affiliates.
So successful has his been in recruiting affiliates that Russell Brunson, along with affiliate manager Stu McLaren, has developed an affiliate training program for managers. Both men believe there was a shortage of experienced managers and yet they were the most important element in an effective affiliate marketing program.
Here is a broad look at the most important three elements to be an effective manager:
1. Affiliate Research
It is important that managers draw in the best sales people to sell the products. The number of affiliates is irrelevant if they don’t sell the products each month. Stu collects up to 2500-3000 websites that could be interested in selling the product, and then he looks at which ones collect a large amount of quality traffic. This can be time consuming, but it forms the bases of an effective marketing plan. In the end there may be 150 to 200 sites that could be quality affiliates.
“We would divide them into either A affiliates and B affiliates. There is no difference between A affiliates and B affiliates except that A affiliates have more traffic or greater numbers in their e-mail lists,” he said. “Those are the people you want to go after first because they will have the biggest impact on your business in a short period of time, and have the most influence on the most amount of people.’’
2. Recruiting Affiliates
Once managers have identified which potential affiliates they wish to pursue, they must pursue. Increasing quality affiliates will increase sales. The secret here is to be pro-active and go beyond what is expected.
“It is not hard, we just pick up the phone and call all the people on our A list,” Stu McLaren said. “The reason that we call, was because every lazy affiliate manager out there will send an email. By ringing them we are instantly separate ourselves from other affiliate systems out there. You instantly start to build a relationship.”
“Before we call we do our research; what is their web site? What are they selling? What sort of people they are drawing to their web site? Prepare promotions for them ahead of time, the more you reduce the work for them the more likely they will say ‘yes’. That is the position you want to be in.’’
3. Training affiliates
If the affiliates have a reason to sell the product then they will remain active affiliates. Other affiliate programs will create only one program, and then expect affiliates to sell again and again each month with the same material. Russell Brunson focuses on creating a reason for affiliates to sell each month and will focus on events in promotional material.
“We create new promotions every month. My advice is start with holidays or events. Imagine if you created tools around these promotions for your affiliates. You are saving them time and work and the likelihood of them selling your product is sky high,” Stu said.
Affiliate Managers
by ridwan171 | 4:31 PM in aff, affiliate, affiliate list, affiliate manager, affiliate research, affiliate systems, affiliate training program, marketing plan, recruit affiliates, Russell Brunson, Stu McLaren, train affiliates | comments (2)
Seven Secrets of Internet Millionaires
by ridwan171 | 12:57 AM in Branding, Business, Information, Internet, Internet millionaires, Marketing, Markets, Secrets, Strategies | comments (1)
Internet millionaires don’t acquire their wealth and success by luck of the draw. They know the secrets to success. These secrets are so valuable that if you implement them, you will succeed in your own Internet business.
There are two general types of secrets that Internet millionaires know which include external and internal secrets.We will discuss these secrets in detail in hopes that you will use them to your advantage and become an Internet millionaire yourself.
First, let’s look at the external secrets that Internet millionaires have in their tool kit.
Internet Millionaire Secret #1: Internet millionaires recognize that strategy should be the foundation of any marketing plan. It is critical to have a marketing strategy and not just jump into marketing techniques. For example, we don’t have to use mass advertising anymore because mass advertising doesn’t have strength because consumers have choices. You would have wasted valuable time and money if you used mass marketing techniques without first strategizing about the state of the market.
Internet Millionaire Secret #2: Internet millionaires are not generalists. They focus on selling their products and services to specific niche markets. The business market in general is going in the direction of niche markets because customers have more choices regarding places to buy their products.
Internet Millionaire Secret #3: Search for and grab untapped markets. Seek out people that have not been able to have access to your product in the past. In untapped markets, you don’t have to deal with competitors which helps keep the marketing costs down. In addition, you will be able to establish a rapport and trust with your customers.
Internet Millionaire Secret #4: Your backend strategy is crucial to success.
You want several profit centers that allow you to sell your products and services to more customers. The backend part of your company supports these profit centers. It diversifies your business so you are bringing in money through many different areas. You can’t rely on retiring early if you only have one profit center.
Internet Millionaire Secret #5: Try to automate as many services as possible. This will allow you to sell services 24 hours a day 7 days a week online. Automate your service centers to cut down on costs and help your customers at all hours of the day.
Internet Millionaire Secret #6: Set up your business so that you are replaceable. You can make yourself replaceable by branding. Branding encompasses yourself or the value that you provide. Branding yourself is lucrative, but it doesn’t allow you to take a break because you have to make every decision. Branding your value, on the other hand, sells your expertise and not your time.
Internet Millionaire Secret #7: Don’t work alone; build a team to support your business venture. Create a team of marketing, business, a mentor and accountability individuals. Remember, two heads are better than one so you can discuss ideas and strategies you have for your business.
Internet millionaires also have internal secrets. An Internet millionaire has self confidence and believes in their product. They are able to make decisions quickly. They have learned the correct information and modeled others that have proven success. They are not afraid to make a mistake and realize that their job doesn’t define who they are. One of the most vital secrets is that Internet millionaires persevere and never give up no matter what obstacles cross their path.
There are two general types of secrets that Internet millionaires know which include external and internal secrets.We will discuss these secrets in detail in hopes that you will use them to your advantage and become an Internet millionaire yourself.
First, let’s look at the external secrets that Internet millionaires have in their tool kit.
Internet Millionaire Secret #1: Internet millionaires recognize that strategy should be the foundation of any marketing plan. It is critical to have a marketing strategy and not just jump into marketing techniques. For example, we don’t have to use mass advertising anymore because mass advertising doesn’t have strength because consumers have choices. You would have wasted valuable time and money if you used mass marketing techniques without first strategizing about the state of the market.
Internet Millionaire Secret #2: Internet millionaires are not generalists. They focus on selling their products and services to specific niche markets. The business market in general is going in the direction of niche markets because customers have more choices regarding places to buy their products.
Internet Millionaire Secret #3: Search for and grab untapped markets. Seek out people that have not been able to have access to your product in the past. In untapped markets, you don’t have to deal with competitors which helps keep the marketing costs down. In addition, you will be able to establish a rapport and trust with your customers.
Internet Millionaire Secret #4: Your backend strategy is crucial to success.
You want several profit centers that allow you to sell your products and services to more customers. The backend part of your company supports these profit centers. It diversifies your business so you are bringing in money through many different areas. You can’t rely on retiring early if you only have one profit center.
Internet Millionaire Secret #5: Try to automate as many services as possible. This will allow you to sell services 24 hours a day 7 days a week online. Automate your service centers to cut down on costs and help your customers at all hours of the day.
Internet Millionaire Secret #6: Set up your business so that you are replaceable. You can make yourself replaceable by branding. Branding encompasses yourself or the value that you provide. Branding yourself is lucrative, but it doesn’t allow you to take a break because you have to make every decision. Branding your value, on the other hand, sells your expertise and not your time.
Internet Millionaire Secret #7: Don’t work alone; build a team to support your business venture. Create a team of marketing, business, a mentor and accountability individuals. Remember, two heads are better than one so you can discuss ideas and strategies you have for your business.
Internet millionaires also have internal secrets. An Internet millionaire has self confidence and believes in their product. They are able to make decisions quickly. They have learned the correct information and modeled others that have proven success. They are not afraid to make a mistake and realize that their job doesn’t define who they are. One of the most vital secrets is that Internet millionaires persevere and never give up no matter what obstacles cross their path.
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