I am about to launch and affiliate program, I have a few ideas..Help.
It's a digital one. I want to either turn it into a clickbank product, or simply attract a few individual affiliates and create a variation of the product with the affiliates' unique ID for tracking purposes in my eCommerce store. So when the affiliate sends people to the cart it will go right to their variation of the product so all the people have to do is fill in the purchase information. For tracking they will have access to the dashboard and see when anything is selling. So if they see the book with their variation tag they will know they sold a copy. If they want to track traffic sources I can set up multiple variations with their tag, but an extra letter/number to keep track.
The first option costs an up front fee, and click bank gets a cut of all sales, which will add up to a hefty amount over time.
The second option is free. I'll have to manually pay the affiliates. I offer a 30 day money back guarantee. So I'm thinking affiliates have to wait the full 30 days until the money clears before they get paid. But if an affiliate consistently brings in sales daily then after a 30 day waiting period they will basically be getting checks every day.
What's the best path here? Thanks for any input.
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Too lazy to write something clever here, so check out my marketing blog and learn from a REAL Super Affiliate at JeffLenney.com