Affiliate Revenue Information

Clickbank Products







Soliciting Referral



AliExpress by Alibaba.com


Customer referrals are vital to small and home-based service businesses. When you need to increase sales but can't afford a salesperson and have limited selling time, focus on existing clients and let them do the selling for you. Most business owners understand the value of referrals, but not many are doing what it takes to get them.

Providing excellent service is important, but don't always generate referrals. To get all your clients to recommend you, you'll need to give them an incentive to do so.

And you can do that with a referral program. Referral programs are often refer to as affiliate programs. It's just an agreement in which you pay your affiliates a commission for each client they refer to you. Many web businesses use them as a low cost way to acquire new customers. Even large companies like Amazon and Yahoo have one. But what if you're not selling on the web?

Don't worry, with just a little more time and effort, you can create an offline referral program as well.

How do you track referrals?

Referral tracking is your biggest challenge in setting up a referral program. On the web, referrals can be track by software automatically. For your offline program, you'll need a database to keep all your affiliates' information and their referral history. To track referrals, you can simply ask your new clients if any one referred them. Usually, they'll tell you without asking.

You can also use a coupon referral method. Assign your affiliates a unique referrer ID and create coupons for them. Each coupon will contain their unique ID. They can then distribute the coupon to prospects. When new client comes in with a coupon, you can easily identify the affiliate using the ID.

If you have good selling skills, consider also accepting lead referrals. Lead referrals are much easier to get since your affiliates don't have to do any selling. They just provide you with the contact information of a prospect that needs your service.

Where do you recruit affiliates from?

Without affiliates, your program is useless. A good source of affiliates would be your current clients. If you don't have any yet, sign up a few friends. But be sure to choose a good incentive.

Cash commission is the most common incentive, but not always the most effective. Your customers may value a discount on future purchases more than a percentage of the sale. Find out what motivates your affiliates the best. Using the right rewards can increase your referrals dramatically.

How much will it cost to run a referral program?

That depends on your commission and the distribution method. Offering an item as reward and mailing them out will obviously be more costly than making payments on paypal. But the cost should be very small compare to the profit you will be earning.

As long as your commission is below your profit margin, you'll be making money. If your affiliates are not referring any clients, it doesn't cost you anything.

Measuring the effectiveness of your program

Once your program is up and running, it's important to measure its effectiveness. There are several areas you should examine to make sure your program is at maximum efficiency.

Check the number of active affiliates. Not all your affiliates will send at least one referral per pay period. But if you have very low number of active affiliates constantly, make some adjustments. Try creating a different sales message or use another coupon.

You can also talk to your most profitable affiliates for their effective referral methods and publish them to your other affiliates. Provide them with all the sales materials they'll need.

When you make their job as easy as possible, they will send you more referrals.

Ben Wong is the founder of Repher.com, a web based management platform for offline referral and affiliate programs. For more information, please visit http://www.repher.com

AliExpress by Alibaba.com


MORE RESOURCES:




This RSS feed URL is deprecated
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

'Mission Impossible' powers Viacom results beat - Fox Business

Fox Business

'Mission Impossible' powers Viacom results beat
Fox Business
Viacom said worldwide affiliate revenue was $1.19 billion, beating estimates of $1.17 billion, according to data from Refinitiv. Total consolidated revenue in the fourth quarter ended Sept. 30 also rose 5 percent to $3.49 billion from $3.32 billion a ...
Viacom Revenue Hits $3.49 Billion in Q4 Driven By Double-Digit Gains at ParamountBillboard
Viacom Expects Revenue Growth in 2019Wall Street Journal
Viacom Reports Strong Fourth Quarter and Full Year ResultsBusiness Wire

all 186 news articles »

A Closer Look At Disney's Fiscal 2019 - Forbes

Forbes

A Closer Look At Disney's Fiscal 2019
Forbes
In Q1, results at ESPN were comparable to the prior-year quarter as affiliate revenue growth was offset by higher programming and production costs, driven by contractual rate increases, and lower advertising revenue. This trend is likely to continue ...

and more »

What To Expect From Disney's Q4 Earnings - Forbes

Forbes

What To Expect From Disney's Q4 Earnings
Forbes
Disney's Media Networks revenue for the third quarter grew 5% y-o-y to $6.1 billion, driven by growth in affiliate revenue, offset by a decline in advertising revenues. The segment's operating income declined 1% y-o-y, as higher results at Broadcasting ...

and more »

Disney Earnings Jump Despite Cable Network Unit Decline - Broadcasting & Cable

Disney Earnings Jump Despite Cable Network Unit Decline
Broadcasting & Cable
ESPN was flat as affiliate revenue growth was offset by higher programming and production costs and 5% lower ad revenue. Related: European Commission Clears Disney-Fox With Some Conditions. Broadcasting operating income jumped 66% to $379 ...

and more »

What Happened in the Stock Market Today -- The Motley Fool - Motley Fool

Motley Fool

What Happened in the Stock Market Today -- The Motley Fool
Motley Fool
On an up-and-down day for stocks, NVIDIA tumbled after a disappointing quarter, but Viacom reported revenue and profit growth.
What Happened in the Stock Market Today - Nasdaq.comNasdaq

all 3 news articles »

Disney's Broadcast, Cable Units Record Revenue Hikes - MediaPost Communications

CNN

Disney's Broadcast, Cable Units Record Revenue Hikes
MediaPost Communications
ESPN revenues were comparable to the prior-year quarter, with gains on affiliate revenue growth. At the same time, that network recorded lower advertising revenue. Broadcasting -- its TV networks and TV stations -- witnessed 21% more revenues to $1.8 ...
Disney's media network revenues rise despite BAMTech, Hulu lossesFierceVideo
Here's what every major analyst said about Disney's earnings and its new streaming serviceCNBC
Disney reveals SVOD details, reports 12% Q4 revenue hikeKidscreen
The Walt Disney Company -StarWars.com -YouTube
all 935 news articles »

Retail Briefing: Retailers are trying to loosen Amazon's grip on affiliate revenue - Digiday

Retail Briefing: Retailers are trying to loosen Amazon's grip on affiliate revenue
Digiday
As customer acquisition costs through Facebook and Google rise, retailers are turning to publishers for help. Affiliate partnerships with publishers is becoming an increasingly appealing solution for retailers to drive traffic to their sites with ...


Disney Caps Off a Solid Year With a Strong Quarter - Motley Fool

PressOracle

Disney Caps Off a Solid Year With a Strong Quarter
Motley Fool
Results at ESPN were approximately flat with the year-ago quarter, which isn't a bad showing given the challenges presented by the changing consumer media environment. Affiliate revenue grew due to contractual rate increases, but it was partially ...
The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2018Business Wire (press release)
Disney's (DIS) Q4 Earnings, Revenues Beat Estimates, Up Y/YZacks.com
The Walt Disney Company - DIS - Stock Price Today - ZacksZacks

all 336 news articles »

Disney Shares Rise After Big Q4 Earnings, Sales Beat - Stockhouse

Blooloop

Disney Shares Rise After Big Q4 Earnings, Sales Beat
Stockhouse
Operating income increased $150 million to $379 million, due to higher program sales and affiliate revenue growth. Media Networks revenues rose 9 percent to $6.0 billion. Results at ESPN were comparable to the prior-year quarter as affiliate revenue ...
Disney Smashes Earnings Expectations Ahead of Fox AcquisitionTheWrap
DIS Analyst Opinion | Analyst Estimates | Walt Disney Company (The) Stock - Yahoo FinanceYahoo Finance

all 28 news articles »

Black Friday & Cyber Monday Photography Deals 2018 - PDN Online

PDN Online

Black Friday & Cyber Monday Photography Deals 2018
PDN Online
'Tis the season to keep late-stage capitalism afloat for at least a few more weeks by purchasing the latest photography gear at steeply discounted prices (while keeping PDN afloat with all that sweet, sweet affiliate revenue). We've created a running ...


Google News

RELATED ARTICLES
Three Easy Ways to Become a Super Affiliate and Earn Cash Quickly
If you want extra cash every month, you have to read this. You can start a part-time or full-time business simply by developing an affiliate network on the Internet.
Choosing the Best Affiliate Program - What You Absolutely Must Know
Choosing the best affiliate program means that you are aware of what affiliate programs are and what their ultimate benefits and drawbacks are. To choose the best affiliate program, you will want to decide on one that has the most benefits with the least drawbacks.
High Paying Lateral Keywords
If you run AdSense on your site you know that some words pay more than others, much more in fact. More than likely you have also learned that terms like "structured settlements" and "mesothelioma" can produce incredibly high PPC revenue, if they show up on your site at all.
You Have to Spend Money to Earn Money
It surprises me that many people fail to grasp this concept as they first set out to start their own businesses. Thanks to the power of the Internet, anyone who has a computer and an Internet connection can now START their own online businesses with little investment.
Best Affiliate Products, Where to Find them and Choose the Best ones
The BIG QUESTION on everyone's mind is..
Why 95% of Affiliate Websites Lose Money - And To Avoid The Pitfalls
Affiliate marketing is an agreement between two websites in which one site (the affiliate) sends traffic to another site by means of advertising or content.In return, the affiliate receives a percentage of sales generated.
Whats a Mini Affiliate Site?
In this article I'm going to cover two specific marketing tactics, yet they do however tie in together. I'm going to show you how Niche Marketing can be very effective and how Mini Affiliate Sites can earn you a very good ongoing income, if done well.
One Little-Known Secret to Wealth the Gurus Never Told You About!
When I started my internet marketing career, I knew that in order to succeed online I had to duplicate what my mentors were doing.I had read several popular ebooks at that time, written by marketing gurus, and each of them explained how to research niche markets in order to find out what products to create or sell.
3 Ways to Squeeze Even More Revenue Out of Your Traffic Equaliser Pages
Ever wondered if, apart from Google Adsense, there were other ways of generating real revenues from Traffic Equaliser pages.There has been some great results using the above two programs, running Google Adsense results on page as a fast way to driverevenues on a huge number of boiler plate pages.
Five Common Mistakes Affiliate Marketers Make
Affiliate Marketing is one of the most effective and powerful ways to earn a living online. Affiliate programs give everybody a chance to make a profit through the internet.
Home Business Affiliate Marketing
How would you like to make money with a Home Business without ever having to sell anything? There are lots of people earning thousands of dollars doing just that. There are very few home businesses that are easier or cost less than affiliate marketing.
Common Decency......Lets Keep it Alive!
I recently had an experience with one of the affiliate programs I *was* involved with. This experience did not surprise me, but did however, disappoint me.
Setting Up Your Own Affiliate Program (Part Two)
This article is the second of my two part series on setting up your own affiliate program. Once you are starting an affiliate program, you must manage and keep track of it.
8 Reasons Why Affiliate Marketing is the Better Option
Many people are confused when they first become iterested in internet businesses, they find themselves asking what type of busisness is best for me?Well I can't answer this for you but I can certainly give you a few pointers in the right direction and my personal opinion. So here they are:1.
Affiliate Programs... A Not THAT Easy Start To Your Own Online Business
"Where is all the help I'm supposed to get. I have been buying ezine and classified ad builders and signing up for Echecks and Virtual credit cards.
The Secret Shady Practices of Affiliate Marketing
You've probably heard it a hundred times..
22 Questions to Ask Before You Use Any Shopping Cart System
Many seasoned professional speakers agree that you can make more money selling your knowledge in the form of products than you can speaking.You can use traditional methods to sell products such as direct mail, catalogs and advertising.
Understanding The Three Basic Types of Affiliate Programs
With all the companies on the internet that offer affiliate programs, you want to be able to differentiate between the types of programs that are being offered.The three main affiliate programs you can choose from are, pay-per-sale, pay-per-lead and pay-per-click.
The Key To High-Volume Web Sales
The quickest way to achieve high-volume sales on the web is to set up your own affiliate program.There are two ways to set up an affiliate program: you can install affiliate tracking software on your server or you can use a 3rd party affiliate tracker.
Working With Affiliate Programs
Everywhere you look you see affiliate program offers forevery product or service that you can think of. Some havefully automated systems that sell high volumes of hardproducts all over the world.

home | site map
© 2006