27 replies
Hi, I would like to know a few things; what is a proper offer to an affiliate? What's the "commission based normally so it's attractive? I'm promoting finance (investments and crowdfunding campaigns; equity and real estate)
Would appreciate guidance..
#affiliates
  • Profile picture of the author ChrisBa
    To me, the biggest thing is how the offer converts..
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    • Profile picture of the author Alicia1
      I don't follow you.. could you clarify what you mean please?
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  • Profile picture of the author Mdshohidulislamrobin
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    • Profile picture of the author Alicia1
      [QUOTE=Mdshohidulislamrobin;11006060
      Take care of your associates. Communicate with them by welcoming them to your online system send out updates on product additions or changes. Give them information on how to be successful in promotion your product or service. Always pay them on time.[/QUOTE]

      I appreciate your input, however, finding affiliates (associates) it's my issue now, I'm trying to find those that i want to comuncate with.. (and I mean profesional capable affiliates).. I've read a few chats discussing about low commissions, there for I wonder what it's attractive enough so both parties are confortable..?
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  • Profile picture of the author yukon
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    Originally Posted by Alicia1 View Post

    Hi, I would like to know a few things; what is a proper offer to an affiliate? What's the "commission based normally so it's attractive? I'm promoting finance (investments and crowdfunding campaigns; equity and real estate)
    Would appreciate guidance..
    Attractive?

    50% on all sales per referred traffic.



    Not attractive: One commission per referred traffic.
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  • Profile picture of the author EPoltrack77
    You can use google and youtube to learn most stuff. Comes down to conversions in the end.
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  • Profile picture of the author unlimitedoptions
    Hi: There are various ways to attract affiliates.
    One way is to offer them 50% on the front end product.
    You will attract more affiliates by offering 75% on the front end of course.
    I've seen product creators offer 100% on the front end of a $9.99 product because they that once the prospect gets into their sales funnel that they may buy a back end product worth much more.

    Good luck,

    Dan
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    • Profile picture of the author Alicia1
      I understand, however my niche market is equity and real estate crowdfunding (investments) therefore it must have a different approach.., right?
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    • Profile picture of the author Alicia1
      Originally Posted by unlimitedoptions View Post

      Hi: There are various ways to attract affiliates.
      One way is to offer them 50% on the front end product.
      You will attract more affiliates by offering 75% on the front end of course.
      I've seen product creators offer 100% on the front end of a $9.99 product because they that once the prospect gets into their sales funnel that they may buy a back end product worth much more.

      Good luck,

      Dan
      I understand, however my niche market is equity and real estate crowdfunding (investments) therefore it must have a different approach.., right?
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      • Profile picture of the author JohnMcCabe
        Originally Posted by Alicia1 View Post

        I understand, however my niche market is equity and real estate crowdfunding (investments) therefore it must have a different approach.., right?
        Alicia, most of the answers you will get here are from people still trying to learn how to peddle Clickbank digital products. Nothing wrong with that, per se, but you're playing in a different yard than they are.

        If I'm reading you correctly, you're looking for people who can bring investors to the table. Am I correct?

        Or are you looking for people seeking investments or crowdfunding?

        Although I've not worked in that market, it seems like you'd need different approaches depending on which side of the table you're on.

        If it's the first, it will boil down to ROI. How much can the affiliate reasonably expect to make per unit of time/effort/expense expended? If you can craft an offer that pays better than what said affiliate is currently doing, you have a good chance of landing them.

        So put together your best offer and compare it to what the kind of affiliate you're seeking can make with other opportunities.

        I's also look for people who already have significant contacts within your market - financial advisors, tax advisors, CPAs, etc.
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        • Profile picture of the author Alicia1
          Ok,.. you got it! I'm basically looking for people looking to invest. I just thought I'd find affiliates doing that.. Obviously I'm in the wrong site/forum? Anybody doing this? Or am I the first one to think that it can be done??.. I seriously doubt it.. It's marketing after all.
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          • Profile picture of the author JohnMcCabe
            Originally Posted by Alicia1 View Post

            Ok,.. you got it! I'm basically looking for people looking to invest. I just thought I'd find affiliates doing that.. Obviously I'm in the wrong site/forum? Anybody doing this? Or am I the first one to think that it can be done??.. I seriously doubt it.. It's marketing after all.
            For a straight up affiliate offer, this may not be the right forum for the kind of customer you want. You may do better in the CPA sub forum.

            In fact, looking for lead generators, people who can bring cold or cool prospects to an opt-in offer for more information. You would pay the lead generator per form filled out, rather than per actual transaction.

            I think you may be on to something. I just read an article this morning about alternatives to mainstream equities and bonds. Crowdfunding, private equity investments and private real estate projects were all on the list. If I can find the link again, I'll add it.
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            • Profile picture of the author Alicia1
              Originally Posted by JohnMcCabe View Post

              For a straight up affiliate offer, this may not be the right forum for the kind of customer you want. You may do better in the CPA sub forum.

              In fact, looking for lead generators, people who can bring cold or cool prospects to an opt-in offer for more information. You would pay the lead generator per form filled out, rather than per actual transaction.

              I think you may be on to something. I just read an article this morning about alternatives to mainstream equities and bonds. Crowdfunding, private equity investments and private real estate projects were all on the list. If I can find the link again, I'll add it.
              Exactly JohnMcCabe.
              Please if you find the link will be interesting to me.
              What is and where is the CPA sub forum?
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    1. Lifetime revenue share
    2. Good %
    3. Good tracking system/account interface
    4. "Golden Rule" - treat them as you would want to be treated, and people can easily see through any shenanigans even if you think they can't or won't.
    5. You can never provide too much "transparency" data. The more the merrier.
    6. If you can afford it, provide a custom/unique tracking phone # for all affiliates. If you cannot, then make sure there is no way for affiliate referrals to be siphoned off to your untracked phone #.
    7. Contact me when you have such a program so I can consider joining. Or if you are an affiliate yourself, contact me if you have good programs for the fields you mentioned and if I like any of them I can promise to sign up as your referral.
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    • Profile picture of the author AndreasLeggingArmy
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    • Profile picture of the author Alicia1
      Originally Posted by AffiliatePrograms View Post

      1. Lifetime revenue share
      2. Good %
      3. Good tracking system/account interface
      4. "Golden Rule" - treat them as you would want to be treated, and people can easily see through any shenanigans even if you think they can't or won't.
      5. You can never provide too much "transparency" data. The more the merrier.
      6. If you can afford it, provide a custom/unique tracking phone # for all affiliates. If you cannot, then make sure there is no way for affiliate referrals to be siphoned off to your untracked phone #.
      7. Contact me when you have such a program so I can consider joining. Or if you are an affiliate yourself, contact me if you have good programs for the fields you mentioned and if I like any of them I can promise to sign up as your referral.
      Ok, a start is a start;

      Good % Which is?

      Good tracking system/account interface (I'm trying to keep up, but don't really know what do you mean, don't 3thr parties provide that? like jvzoo,..or such..) Is there no direct provider??

      The rest of the points are obvious agreement..
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      • Originally Posted by Alicia1 View Post

        Ok, a start is a start;

        Good % Which is?
        That really depends on the numbers involved with what you are dealing with of course. For instance, a number of the programs I'm dealing with might only pay what might sound at first like a tiny "1%" to "3%" but which are actually among the highest commissions in affiliate marketing, where 1% to 3% can actually earn you an average of ~$2,xxx all the way to $60,000+ for a single commissionable deal.

        In other cases, 30% to 50% to 75% might be desirable but still earn much less on average.

        Originally Posted by Alicia1 View Post

        Good tracking system/account interface (I'm trying to keep up, but don't really know what do you mean, don't 3thr parties provide that? like jvzoo,..or such..) Is there no direct provider??
        Okay, since I was not aware you were thinking about having a third party handle your program, that changes things. With rare exceptions for me, the famous "third party aggregators" are exactly what I'm completely sick of and don't even trust to begin with. In fact I was just posting in another thread earlier how things were much better when Match.com was running its own program, despite that they too only had "one-time" commissions which was undesirable, but when they outsourced everything disintegrated into nothing. I virtually never even log into my old accounts with the more famous names among them, and usually the programs listed in them have no appeal at all, and are not even "real" affiliate programs in my view.

        But it's understandable that perhaps most people do not have the resources or wherewithal to create, run and manage their own program and software, and would seek out third parties. So all I can say is choose carefully and make sure the offering does not resemble the MYRIAD of unappealing offers a lot of the third party aggregators contain.

        You can, however, consider using third party software while running and managing yourself, such as iDevAffiliate, Post Affiliate Pro, etc. You may also need to link up with services like InfusionSoft or Velocify. In fact one of the highest paying affiliate programs I know of does that.

        Originally Posted by Alicia1 View Post

        The rest of the points are obvious agreement..
        Great...
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        • Profile picture of the author Alicia1
          Originally Posted by AffiliatePrograms View Post


          Okay, since I was not aware you were thinking about having a third party handle your program, that changes things.

          You can, however, consider using third party software while running and managing yourself, such as iDevAffiliate, Post Affiliate Pro, etc. You may also need to link up with services like InfusionSoft or Velocify. In fact one of the highest paying affiliate programs I know of does that.
          I see.. Well, I must agree, I do prefer to have the affiliate program directly if possible of course,.. but by doing that, What assures me that I will find good responsable potential affiliates?.. that's the main reason really.. I kinda just got to get to know "this side of the net" recently..
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          • Originally Posted by Alicia1 View Post

            What assures me that I will find good responsable potential affiliates?.. that's the main reason really
            You already know the answer, because you know there is no such thing as no risk. That's the same whether you manage recruiting yourself or pay someone to do it. So you establish your own method of approving applicants and then you take a risk they will be okay. Some may turn out to be great, some good, some fair, some unproductive, and some may turn out to be bad apples.
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            • Profile picture of the author Alicia1
              Originally Posted by AffiliatePrograms View Post

              You already know the answer, because you know there is no such thing as no risk. That's the same whether you manage recruiting yourself or pay someone to do it. So you establish your own method of approving applicants and then you take a risk they will be okay. Some may turn out to be great, some good, some fair, some unproductive, and some may turn out to be bad apples.
              Well, there's that and there's risk management,.. after all, life itself is risk, however, we manage the risks as best as possible.. I definitely expect and work for the best, but being prepared for the worst at the same time gives you that "extra" advantage..
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          • Profile picture of the author JohnMcCabe
            Originally Posted by Alicia1 View Post

            What assures me that I will find good responsable potential affiliates?
            What assures you that you'll get good, responsible potential affiliates by going through one of the networks?

            It may seem counterintuitive, but I've met vendors who have found better affiliates by making it more difficult to become an affiliate. The higher barrier to entry screens out most of the losers, who go on to whine about affiliate programs that turn them down "for no reason".
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            • Profile picture of the author Alicia1
              Originally Posted by JohnMcCabe View Post

              What assures you that you'll get good, responsible potential affiliates by going through one of the networks?

              It may seem counterintuitive, but I've met vendors who have found better affiliates by making it more difficult to become an affiliate. The higher barrier to entry screens out most of the losers, who go on to whine about affiliate programs that turn them down "for no reason".
              I see..
              Ok, then we're on to how to do it right..
              Would you agree with AffiliatePrograms regarding systems discussed here previously?
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              • Profile picture of the author JohnMcCabe
                Originally Posted by Alicia1 View Post

                I see..
                Ok, then we're on to how to do it right..
                Would you agree with Affiliate Programs regarding systems discussed here previously?
                Pick up a copy of Perry Marshall's 80/20 Sales and Marketing book. He goes into some depth on the subject.

                Most of the affiliates you'll find on the networks are looking to promote weight loss and how to get laid products, or how to get rich without work schemes. Unless you're looking for micro-investors, they aren't playing in the same ballpark.

                If you're looking for a large number of small investors for your crowdfunding projects, some kind of CPL (cost per lead) program might work. I do still think you need an application process for approving affiliates, especially if they need to worry about specific regulations regarding the industry.
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                • Originally Posted by JohnMcCabe View Post

                  Pick up a copy of Perry Marshall's 80/20 Sales and Marketing book. He goes into some depth on the subject.

                  Most of the affiliates you'll find on the networks are looking to promote weight loss and how to get laid products, or how to get rich without work schemes. Unless you're looking for micro-investors, they aren't playing in the same ballpark.

                  If you're looking for a large number of small investors for your crowdfunding projects, some kind of CPL (cost per lead) program might work. I do still think you need an application process for approving affiliates, especially if they need to worry about specific regulations regarding the industry.
                  Do you know any details of what ventures Alicia is involved with? I do. CPL only would be a joke and a waste of time for affiliates, and I certainly would not want anything to do with promoting that.
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                  • Profile picture of the author JohnMcCabe
                    Originally Posted by AffiliatePrograms View Post

                    Do you know any details of what ventures Alicia is involved with? I do. CPL only would be a joke and a waste of time for affiliates, and I certainly would not want anything to do with promoting that.
                    All I know is what she posted here, that she's looking for leads on people to invest in crowdfunding and other similar campaigns, and she thought affiliates could help her.

                    I suggested CPL as a way to get people to send possible leads.

                    If my incomplete information led to a less than suitable suggestion, just remember - GIGO.

                    And if my advice is not worth what she paid for it, I'll refund every penny...
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        • Profile picture of the author Alicia1
          Originally Posted by AffiliatePrograms View Post

          That really depends on the numbers involved with what you are dealing with of course. For instance, a number of the programs I'm dealing with might only pay what might sound at first like a tiny "1%" to "3%" but which are actually among the highest commissions in affiliate marketing, where 1% to 3% can actually earn you an average of ~$2,xxx all the way to $60,000+ for a single commissionable deal.

          In other cases, 30% to 50% to 75% might be desirable but still earn much less on average.
          ...
          Now, here is where I really get what I was asking for, understand and respect your view, couldn't agree more, since you have to spend "x" hours working, definitely should make it worth your while.. Thanks for the info. I'm sure I can offer an attractive and competitive package.
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  • Profile picture of the author JohnMcCabe
    Originally Posted by Alicia1 View Post

    Exactly JohnMcCabe.
    Please if you find the link will be interesting to me.
    What is and where is the CPA sub forum?
    Apologies...

    I was thing of Ad Networks (CPM/CPL, Display)

    You'll find some info, but better to run a search, either through the search function here or via google using

    Code:
    site:http://www.warriorforum.com/main-internet-marketing-discussion-forum/ CPA
    For 'CPA', you can also try terms like CPL, cost per action, cost per lead.

    As for the link, I can't find the direct link but it was on a blog called Wisebread. Not exactly the NY Times, but the article did have a link to an actual source study.
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  • Profile picture of the author Brent Stangel
    It may seem counterintuitive, but I've met vendors who have found better affiliates by making it more difficult to become an affiliate. The higher barrier to entry screens out most of the losers, who go on to whine about affiliate programs that turn them down "for no reason".
    That would be vendors with in-demand products, that convert.

    OptimizePress only allows affiliate applications from inside the members area:

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  • Profile picture of the author hardworker2013
    Well you should research what commission rates are being offered to affiliates in your niche at the moment and use your judgement in setting an ideal rate of commission.
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