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Learn How to Choose the "Right" Associate Program
Software
The whole point
behind setting up an Associate Program is to make it really easy for
the associate to join and to bring you qualified visitors. For the
associate, the beauty is that there are no orders to fill, no credit
cards to charge, no inventory to stock, no returns or shipping or
handling problems, no customer service, no questions, no in-person
or over the phone selling of the product.
It is all
"clean and easy" for them... which is one of the main benefits of
joining an Associate Program.
They don't have
to worry about maintaining a website (although many associates DO
have a website, some just sell to their newsletter lists, or use
other sales techniques not requiring a website). It basically
makes it really easy for them to make money. They link to you,
you track everything and you give them a referral fee for every sale
they generate. This is the heart of Associate Programs, and the
whole beauty of them!
What you want
as an associate program owner, is software that not only takes a lot
of work out of your hands, but makes it really easy for your
associates to join and get all of the information they need to
become successful.
Most small
businesses should not be concentrating on how the software works and
on how to get it working. Your time is better spent on developing
products and on marketing them not on dealing with the technology
behind your software, because the technology can be very
sophisticated.
As an example,
our software is very sophisticated. We've spent over $150,000+
developing it and another $150,000+ time and labor, testing it,
modifying it, and learning what works and what doesn't work the
hard way.
We run a number
of associate programs and so we know what's necessary because we
are dealing with the same issues and problems you will be facing,
every single day!
To repeat
myself (because it is so important), you, as an Associate Program
owner, want to have software which is easy to use and provides all
of the information for associates to become successful (which means
that you become successful). You want to spend time on marketing and
improving your product, building a better website, converting more
visitors into sales and supporting your associates to make sure they
are doing well, giving them more ideas and making sure you have
great customer service. You don't want to be worrying about all the
hardware and software technology, which goes on behind the Associate
Program.
BUT... you
should know what Associate Program software is capable of... what
features to look for and ask about... what works and what doesn't
work! You need to know enough about Associate Program software to
choose wisely.
There's lots of
software out there right now for Associate Programs. To be very
straightforward (and I'm not going to point fingers at anyone in
particular), there's a lot of garbage out there. Some of them have
different ideas on how to track associates (i.e. CGI scripts, hidden
form fields, through cookies, through Java scripts, through database
management, through ASP management). It goes on and on and on. You
have to really watch this, because you must get quality
software. You don't want to set up your whole Associate Program
and then find out 3 months later that the software is lacking and
your associates are complaining that the software isn't reliable…
not to mention the multitude of other problems, which may arise with
poor software.
So what
software is available?
What if I told
you that it ranges from $300 to $12,000?
Pretty crazy
isn't it?
There is
software which goes by such names as Site Sponsor, NetTracker 2000,
E Comm Works, Affiliate Shop, Commission Junction, ClickTrade,
BeFree, etc. The list just goes on and on. As I just mentioned, some
of this software is available from as low as $300.00 to a high of
$12,000.00.
What can throw
you off is the pricing structure for the different software. Some
companies implement the software for you, some run the software from
their servers and charge you a set up fee (in the thousands of
dollars!), and some charge you "per affiliate" you sign up (which
can really get expensive if you get a lot of affiliates). The list
just goes on and on. It seems like everyone has their own price
structure and it gets quite confusing as some can have semi-hidden
charges and it becomes hard to compare accurately between the
different pieces of software.
As far as
buying associate software, I personally haven't found any software
that I would use for MY clientele that is under $7000. Generally the
software over $7000 has some great features. It is very intricate
and complicated software designed to make it easy for the buyer to
use and easy for the affiliate to use. But it is very
expensive!
Generally
speaking, a lot of the cheaper software is less sophisticated, might
require a lot of custom modifications, doesn't track all the sales,
doesn't make it easy for associates to sign-up, or is not
sufficiently automated.
All these
things are problems not only for you but for your associates as
well. Associates don't want to join you if you don't offer stats
in real-time. They won't join you if they don't feel confident that
they are going to get credit for every single sale they generate.
They won't join you if you don't have software which makes it easy
to join and helps them become successful associates. They won't join
you if you don't have a successful website which converts visitors
into sales.
It's important
to have good software in order to make associates feel comfortable
that you have a legitimate program, that your tracking methods are
reliable, that they can trust you, and that you have a great
opportunity for them.
In addition to
the cost of the Associate Program software, there are additional out
of pocket costs involved in setting up an Associate Program. This
includes the cost of hosting fees (usually included in your website
hosting fee unless you are a very large site), costs for any kind of
modifications, maintenance, or updates, or anything special that you
want to do with the software.
Before I go on,
I will mention that you do have one other option... that is buying
the services of a company which will administer your Associate
Program for you. Some of them have huge set up fees and a smaller
per sale fee... while others waive the set up fee but charge as much
as 30% for each sale you make.
Now, if you are
looking at software that is $10,000, then you may want to reconsider
looking at the companies above… but don't worry… I will show you how
to get software that will cost you less than $700 and have the same
features and value as the $7000+ software.
It is much more
cost effective to have your own Associate Program software, control
all your own systems, and be able to make special modifications to
it if you want to add specific features or customize it for your
business.
Even though the
service companies charge you hefty fees of up to 30% of each sale,
they can't do any customization! If you have your own software you
can customize it and make it exactly how you need it for your
Program, for your system!
Here are some
of the features you should look for:
The associate sign-up process should be fully
automated.
It should make
it super clean and super easy for affiliates to join up. When your
prospective associate fills out the form, they should quickly be
assigned an associate code. They should automatically be sent an
email giving them the details on banners or text links, how to
install them and recommendations for using them. You should be able
to automatically send them a FAQ sheet.... everything they need to
get started right away… all automatically so it happens without you
lifting a finger.
If your
associates want to make changes... their passwords... their email
address... the address their checks are sent to, their phone
numbers... they should be able to do that at any point in time
themselves. Having this process fully automated makes it easy
for them... and for you (so you are not changing their information
and eating up your valuable time when you could be out marketing
your company and making money)!
For example, if
you go to my Internet Marketing Center Associate Program, http://www.marketingtips.com/assoc/assoc_program.html,
you can see how my program works. It is super automated, so when
someone signs up, instantaneously they are assigned an associate
code, we email them and give them the details on all the banners
they want to use, how to use them and where to place them. We give
them recommendations and a FAQ sheet. We have a FAQ which answers
all the questions they may have; we go into detail on how the
commissions work, how the tracking works, so they understand it all.
The easier you make it for them, the more they understand, and the
more they will get involved in your associate program to make you
(and themselves) money.
Automated Contact System
Make sure that
you can automatically email all your associates if you want (i.e. a
special webpage that allows you to que a mailing, press a button,
and walk away). All it should take is a click of a button to email
all of your associates and give them an update on what is happening
and how they can improve their associate referral fees.
Flexible Administrative
Functions
Your
administrative functions should work for you... not against you! Can
you call up a web page and check all your associates? Can you go
into the software and make adjustments? For instance, if refunds
come in, we will simply make adjustments for that refund and take
the referral fee off the appropriate associates' commission checks
(VERY Important!). Does the program give you monthly commission
reports? Can you make instant changes to all your associate sites?
For example, if you change a price, or want to put up a different
offer, or change headlines. The software has to have the ability to
do all of this for every associate with the push of a few
buttons.
Automatic Tracking
Top-notch
software will track through all the different types of browsers, set
ups, and visitor types. It will track orders whether it's an 800
number order, a fax order, an order via mail, or an online order.
Your software
should be able to track visitors whether they order today, tomorrow
or a year from now... and no matter how many products or services
they order. The associate who originally sent the visitor to the
site should get credit for all sales, no matter when those sales
take place.
Variable Payouts
It's very
important that you have software that allows you to choose to pay a
fixed amount per sale, or a percentage of the sale. YOU need to be
in charge of determining your payout… your software shouldn't limit
you, or decide this for you!
Real Time Statistics
You definitely
want real time statistics. Your associates should be able to go and
check all the stats anytime they want to. They should be able to see
how many visitors they are sending over, and how many sales they are
making. This allows them to test various sales techniques at their
site to see what works well for them! It also motivates them by
seeing what they are making currently and encourages them to do
better. You want to provide an administration area that will give
your campaign a proprietary feel.
Counting Visitors and Sales
Make sure you
have software, which will count the number of visitors and the
number of sales for each associate separately. That way you can see
which associates are sending you quality visitors, and which are
not. It will also let the associate know if his/her customers are
converting into sales and if they are not, he/she has a chance to
improve that by reading the stats. You will be surprise how useful
this is and how many associate software programs do not count the
visitors, only the sales per associate. Wouldn't it be interesting
to find an associate who sends you 500 visitors and sells 50
products, compared to an associate who sends you 5000 visitors and
only sells 5 products? This information is INVALUABLE and helps you
identify successful associates and not-so-successful associates (so
can help them improve to make you both more money). Your affiliate
software should generate a spread sheet like report listing revenue
ratio per associate, product and total.
Minimum Pay Out Settings
You should be
able to preset your pay out levels. For example if you are selling a
product that pays out $10.00 per sale, you might want to set your
minimum pay out level at $30.00 (3 sales) in order to cut down on
checking and administrative costs.
Remove Commission's Feature
You want a user
friendly method that allows you to remove an associate commission
due to a refund or test order. A feature like this is essential to
managing an accurate sales report and commission status.
Automated Check Paying
This is very
important and gets necessary as you become more successful! Your
software program should have some kind of system in place, which
writes the checks for you to your associates. This may not matter
the first month, but as you get bigger and start having to write
100, 200 or 500 checks a month, it can get really tedious. It could
take days of simply writing checks if you had to do it
manually (also there is a lot of room for error this way).
For example, in
our associate software we use for the Internet Marketing
Center, the software automatically downloads all of the
information of payee name and amount owed in a QuickBooks format. We
simply upload that file into QuickBooks Accounting software and
QuickBooks automatically prints the checks for us! There are no
hassles, as it is done in a few minutes and makes the whole process
very easy because it is fully automated. If we didn't have this, we
would be looking at days of work just to write the checks every
month.
We only spend
less than a few hours a month doing month end, whereas before we
were fully automated, we were spending 3-4 solid days doing it! In
other words make sure you have a fully automated system.
There are
dozens of small things that will take a lot of time, which you
probably never thought of... like actually having to write out and
sign all those checks... and then having to print out all the stats
for every associate… then print out all the labels for every
associate, etc. Why do it by hand when you can have it done
automatically for you?
Here is the
good news!
We have
developed our MarketingTips.com Associate Program software from
scratch and been using variations of it for the last 3 years (we
call it AssocTRAC). We have developed it from the point of
view of a marketer, not from a programmers point of view... there
is a big difference!
We have learned
a lot over the years we have invested in this. The problems we have
run into, dealing with thousands of associates have introduced us
personally to all the ups and downs, ins and outs of running an
Associate Program! We have developed software, which meets all of
your associate program needs, whatever you can imagine, from a
marketer's standpoint.
In my
opinion it is probably the ultimate associate software available out
there! AND, we are adding features to it all the time, little
modules that you will be able to purchase that will have extra toys
and features that will make things even more automated! It blows me
away every day we do this, as it is just incredible, and it saves a
lot of time (and makes a lot of money!).Click here to get a list of how it works and how you
can use it to start your own associate program for your product or
service.
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ABOUT THE AUTHOR: Corey Rudl is
the owner of four highly successful online businesses that attract
more than 1.8 million visitors per month and generate over $6.6
million each year. He is also the author of the #1 best-selling
Internet Marketing course online.
Click here to check out his site that's
JAM-PACKED WITH THE EXACT INFORMATION YOU NEED to start, build, and
grow your very own profitable Internet business starting from
scratch.
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