Although affiliate programs are overwhelming the market and
loosing their effectiveness, building marketing partnerships
and offering others a percentage of the sales they generate
marketing your product is still the way to go - if you do
it differently then your competitors.
When planning the promotions for an e-book, The Millionaire
Mindset, targeting a very broad audience that is willing to
spend $39.95 on a success e-book, we discovered a different
approach to mass affiliate marketing.
Face it - no one needs another affiliate program to join and
making yours successful requires standing out from the crowd.
1. Do not offer an affiliate program at all when starting
to market a product.
Start by testing your copy and direct marketing strategies,
generating satisfied customers and building your e-zine subscriber
base. Do not even mention planning an affiliate program at
all in your e-zine or anywhere else before you launch it.
This will help you retain a feeling of exclusivity later on.
2. Offer the partnership program to your customers
and subscribers first, without advertising it anywhere else.
Start when you generate at least 1000 satisfied customers
and 2000 e-zine subscribers. Send them an e-mail explaining
how you are now ready to prerelease your marketing partnership
program (do not call it an affiliate program - it will help
you look different), but only to the first 25 people that
qualify. The small number of available slots and the exclusivity
will increase the perceived value of the program and help
it achieve its USP. Treat your program like a small marketing
circle of a closed group of partners and tell them so.
3. Build personal relationships with your partners.
Do not use sign-up forms or autoresponders to accept applications
- give people an e-mail address that a real human will respond
to. Ask the candidates to send you their applications with
an explanation of why they think they should be chosen. You
are bound to receive many questions and comments; respond
to all of them with great care and start building strong relationships.
4. The affiliate offer.
Whether your program succeeds is also going to depend on the
offer: we got the best response when offering 50% commissions
and requesting no payment to become a partner.
Using this complete approach we received 127 requests (using
a database of a little over 1000 customers) in just one day;
and then put them in three groups of 25 people that were able
to join our program over three weeks.
They all received a personal response from our staff explaining
the situation and giving them further instructions. Since
they were already convinced of our product's quality they
immediately started to generate sales without us having to
convince them of either the product's or the program's quality.
Furthermore, to help them achieve maximum success we gave
them a week to promote the e-book with additional exclusive
bonuses that were no longer available even on our web site.
5. Retaining your partners by constantly giving them
a reason to promote your product.
The best way of retaining your partners is gradually sending
them new promotional tools and materials, such as promotional
articles, an offer to use a personalized viral promotional
e-book, additional ads and sales letters, etc., while still
keeping all communication on a personal level.
Constantly create new techniques they can use to achieve better
success, but never give them everything at once - rather prepare
a marketing plan for them and help them implement it one step
at a time.
There's no use in having an affiliate program no one joins
or having thousands of affiliates that sell nothing. Use these
5 steps and your program will be different.
Some final comments:
· Although we started the program when we reached 1000
customers, we had before offered it personally to a select
group of e-zine publishers to get immediate results and create
a strong database for further promotions.
· Do not use a two- or more tier program giving your
partners a chance to get new partners in turn for getting
commissions on their sales as well - instead of promoting
your product they are going to promote the program itself,
which in the long-run will not bring you sales.
· Up to this date we have still not created an "official"
partnership program or advertised it anywhere else than in
our e-zine and to our customers.
Author Byline
Rok Hrastnik is the agent of Vene and Grubisa who wrote The
Millionaire Mindset: How to Tap Real Wealth from Within.
Find out why this book is changing lives and creating miracles;
why it sold out in 15 days in EU and why 5 publishers wanted
to publish it 3 days after we released it in U.S.