“Pay Affiliates 90% Commissions for Fast Growth”
By Alex Mandossian on November 21, 2007
If you want to explode your product launches with less human effort, then I suggest you start hosting $20 preview Teleseminars and pay your affiliate partners $18 for each $20 registrant they acquire (90% commission rate) so they will support you and your product launches … enthusiastically!
Most Internet marketers - these days - kick-off their new product launches with Affiliate partners sending targeted traffic to multi-media websites and stop there.
A time-tested and high-impact approach (that complements multi-media website promotions) is to kick-off your new or “evergreen” product launch utilizing a $20 “preview call” that pays out 90% commissions to your Affiliates who promote it.
The Point: By kicking-off your product launch with a preview call, you instantly and automatically increase the “marketing intimacy” between you and your prospects and often accelerates the revenue generating potential of your marketing.
Resource: www.ExplodingTeleseminars.com <— $20 Preview Call
Glossary: “Preview calls” are content-rich Teleseminars (often Affiliate-driven) that “preview” the promotion to a new product launch of workshops, “how to” courses, software products, etc.
Yup. I totally agree with you on this affiliate portion. It will surely do you no harm in the long run. All the best!
Alex,
You are right on with the 90% commission.
As a consultant, I set up and run a number of affiliate marketing programs for my clients.
One question I always get is “How much should I pay for a commission?”
I always say “As much as you can possibly afford!”
I watched your affiliate program very closely this year. You provided great tools, contests and high commissions.
These things got affiliates FIRED UP to promote!
For your readers:
Which would you rather have…an affiliate that slaps a banner on their website and forgets about it…or an affiliate who goes the extra mile to tell EVERYONE they know about your products and services?
Follow Alex’s advice on this one for long-lasting success.
I’ve been working with a publisher that was shocked when I told them that their 20% commission wasn’t going to attract any business. Of course, they were also surprised that their prices were too low.
Testing is key to developing the right strategies here. When I first got started in this business, it was because a quality publisher to whom I was a very loyal customer began offering a 100% commission on his entry-product–the very product I first bought from him. I ended up spending over a thousand bucks with him, thrilled each and every time, so I instantly understood why he would do that. He was paying 100% of a $19.95 sale that I had bought for $39 when it was first released.
Existing clients like me make great affiliates!
Kyle
http://www.justaskkyle.com