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How Offering Bonuses can Increase your Affiliate
Commissions
One way to always stand out
from your competition is to offer a little bit extra, to do
things a little bit better and just to plain old give
more. People will appreciate it and it’s a great way to
build a successful business.
As an affiliate marketer it’s
a good idea to differentiate yourself from your
competition. A good way to do this is by offering bonuses
or in some cases a discount for people that purchase through
your affiliate link. This is an especially good strategy
when dealing with high-end products, which are quite pricey to
purchase.
For example, a very well known
internet marketer launches his latest and most anticipated
course on “How to Get More Traffic to your Website.”
Being a well-known guru, this marketer already has a small army
of affiliates lined up and waiting for launch date to
simultaneously shoot out a series of emails to their list
promoting this most anticipated product… ouch, how do you
compete with that?
Well, here’s a little strategy
that some very top super affiliates use – give them a little
bit extra.
Instead of just sending just
another email promoting this new product, take the time to set
up a special promotion for customers who purchase the product
through your link. This can vary depending on the product
and your services, but it can be a number of things such as a
private tele-class where you teach some of the affiliates your
own strategies or tips you’ve learned; or a recorded interview
with transcribed notes on a related subject to the
product. You can even offer some one-on-one coaching time
with you, although be careful with this one as it can get very
time consuming, you may want to limit this to the first 5 or
first 10 purchases made through your link.
You can also offer a discount
to people who purchase through your link. Say you’re
promoting a high-ticket item which costs $950 and you’re
commissions are 50%, it may be well worth it to give people who
purchase through your link a $100 or $150 dollar
discount. This is a great incentive for people to buy
through you, after all who doesn’t want to save
money.
It’s worth to note, a few
programs may not like the use of the above mentioned
promotional tactics. It’s always a good idea to do your
homework and if in doubt of what is appropriate, you can
contact the program manager directly and ask
questions.
But always remember, the more
time and effort you put into a product you believe in, the
better your chances of making more sales with that
product. People will see your efforts and think “Wow, he
must really believe in this product to do all of this” and if
you’re focusing on choosing and promoting the right products
then this is probably very true.
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