Each year, the number of small web site owners and bloggers who promote third party products continues to grow. Affiliate marketing has become popular for the simple reason that it costs little or nothing to start selling third party products and begin generating commissions.
Due to the competitive nature and low barrier of entry associated with affiliate marketing, Internet marketers are seeking new ways to differentiate their offering and encourage web site browsers to buy from them versus a competitor’s site.
One of the most popular methods of differentiation is by offering bonuses upon purchase. In this scenario, affiliates provide individuals who purchase products from their web site, access to free bonuses in the form of software or information.
In the past this type of offer was very tedious to provide. Affiliates had to require purchasers to email them with a receipt of their purchase to validate that a sale was made. Once the affiliate received the confirmation, they emailed each customer with a link to access their free bonuses. For small affiliates, selling only one or two items per week, this was never a real issue. For large affiliates, also referred to as supper affiliates, this task was extremely time-consuming.
New products however have made the process of offering bonuses, the most effective way of generating affiliate sales easier than ever. There are a variety of tools to help manage the collection and distribution of bonus offers when web site visitors complete a purchase.
Based on my review of a variety of affiliate based software to manage bonus offers, I understand the value of eliminating time wasting activities associated with bonus set up, delivery, and coordination.
One of the best features of many affiliate software tools is the ability to establish an ongoing dialog with purchasers after a sale is made. This provides value in the form of a house list that allows you to up-sell and cross-sell related products.
One of the key components of any affiliate bonus management software is the auto responder function. After initiating a sale, affiliates can benefit from automated follow up. This allows for heavy lifting to be completed automatically and reduces the timing and labor necessary for one-on-one selling.
Many of these tools offer the ability to create a unique follow up campaign for each bonus you offer. This is essential when offering a variety of bonuses across multiple products. each unique bonus, you are able to set up a unique auto-responder. Often, you may leverage existing auto-responders that you’re using with Aweber or Get response. This simplifies the process, eliminating the need to start your email communication stream from scratch. If you do not currently have an auto-responder, setting one up is easy and can be done for less than twenty dollars.
Bonus management software answers an ongoing need among affiliate marketers. Efficiently managing the set up and delivery process associated with affiliate product bonuses and establishing a dialog with purchasers, is an effective means for generating a significant affiliate income. Complete customization allows you to adapt your program to be aligned with your current offerings and support new affiliate products you are selling today or may want to sell in the future.