Author Topic: How To Increase Your Affiliate Commissions  (Read 6472 times)

Offline Mark Austin

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How To Increase Your Affiliate Commissions
« on: July 13, 2009, 01:58:13 PM »
How To Increase Your Affiliate Commissions

If you've ever been an affiliate, then you know that offering a perspective customer an affiliate bonus is a powerful way to increase your commissions. You simply give them something for free or no cost for ordering the product through your affiliate link.

Well, here's several hot ideas for an affiliate bonus. Each affiliate bonus will give your target audience a good reason to purchase your product. The best thing is that some  of these affiliate bonuses you don't even have to create yourself.


#1 Commission Rebate

Offer your prospects a rebate on the product from your affiliate commissions. Another idea would be to use part of your affiliate commission to buy them a certain product instead of giving them a money rebate.


#2 Product Bonus

Give your prospects one of your products as a bonus for ordering through your affiliate link. It could be a product that you have bought and don't want, a product you created yourself or a product that came with resell rights.


#3 Past Products

Present your prospects with a product bonus from the product owner himself. You just need to ask the product owner if you could use one of their other products as an affiliate bonus. They will likely say yes because they will make money from your promotion.


#4 Expert Interview

Award your prospect with an expert interview for ordering through your affiliate link. You could interview an expert that is related to the subject or topic of the product. Another idea would be to interview a whole group of experts on many interesting topics.


#5 Subscriber Discount

Issue your own subscribers or visitors a discount on the product. You just need to ask the product owner to set up a special subscriber only discount page for you. The owner  will likely do it if you are known to create a lot of affiliate sales.


#6 Higher Commission

Reward your prospects with higher affiliate commissions. Some people only buy a product so they can review it and promote it to their own list. Ask the product owner to give your prospects higher commission for the product's affiliate program.


#7 Free Promotion

Grant you prospects a reciprocal promotion to your list for one of their own web sites or products for buying a product through your affiliate link. You could also give them free ads on your web site, blog, forum, autoresponder, articles, etc.


#8 Product Workshop

Present your prospects with a product workshop in exchange for spending their money through your affiliate link. The workshop could be live, over the phone or via a webinar. You could show them how to get the full benefits out of the product they are buying.


#9 Resell Rights

Furnish your prospects with extra rights on the product you're are promoting. You could ask the product owner to give your buyers extra rights to the product as a bonus. It could be resell rights, master resell rights, branding rights, private label rights, etc.


#10 Event Ticket

Provide your prospects with a free ticket to a special event for purchasing the product  from your affiliate link. It could be an for a seminar, class, expo, live entertainment, sports event, concert, club show, theater show, movie, etc.


#11 Consulting/Coaching

Offer your prospects free consulting on any thing related to your niche or the product you are promoting. It could be one on one consulting or group consulting with all the people  that bought it through your affiliate link. It could be in person, by e-mail or chat.


#12 Future Product

Give your prospects a product in the future for free. If you don't have an affiliate bonus you could create one later on for your buyers. You could hint to them how much it will cost for non buyers and what it will be about.


#13 Gift Certificate

Present your prospects with a give gift certificate on any of your older or upcoming products. For example give them a $100 gift certificate for ordering through your affiliate link and they can use it on any of your products.


#14 Yearly Freebies

Award your prospects to get all your future products at no cost for a full year. If your prospects regularly purchase most of your products they will consider this a great deal for buying a product through your affiliate link.


#15 Product Creation

Issue your prospects a chance to co-create a product with you they can sell. The affiliate bonus really works good if your target audience is Internet marketers or business seekers. You could create the product with a recorded question & answer session with the buyers.


#16 My Bonus

Reward your prospects with the rights to use the same affiliate bonus as you are using. If most of your prospects are affiliates themselves they will likely buy and sign up to the affiliate program so they can use your affiliate bonus to make their own commissions.


#17 Domain Bonus

Grant your prospects a good preregistered domain name if they purchase resell, master resell or private label rights products through your affiliate link. Another idea is to offer them free web hosting for so long so they can cheaply set up the product to resell.


#18 Free Membership

Present your prospects with a free membership or subscription to a product if they order a certain product through your affiliate link. It could be a free membership for a year or a lifetime. People will see the long term value in it.


#19 Special Format

Furnish your prospects with a special format of the affiliate product you are promoting that isn't available to everyone else. For example you could ask the product owner to create an audio version of an ebook to use as your affiliate bonus.


#20 Charity Donation

Provide your prospects with a sense of helping out a charity. Tell them they you will donate a percentage of your affiliate commissions to a special charity. They will see you have a good heart and you are not just promoting the product for the money.


#21 Physical Products


Offer your prospects a physical product that you purchased as an affiliate bonus. People sometimes perceive physical products as being more valuable than online or downloadable products. Plus, you'll have the extra expensive of shipping it to them.


#22 Never Released


Give your prospects an affiliate bonus that has never been released to the public before. It could be something you just created or something that you used for yourself that you never intended releasing. People will feel privileged to order through your affiliate link.


#23 Secret Bonus

Present your prospects with a secret affiliate bonus. You can give them all kinds of clues about it like the dollar value of it, how long it took to create, the cost it took to create, etc. It will get people curious and they'll end up buying through your link just to see it.


#24 Taped Bonus

Award your prospects with a recorded high priced or exclusive event. Most people don't dish out the money for high priced events so they'd rather see it on video. it could be a huge seminar, a mastermind meeting, a closed door conversation with an expert, etc.


#25 Free OTO

Issue your prospects a chance to get the one-time-offer for no cost. You would make commission on the front end offer and give them the one-time offer for free. You would just need to ask the product owner for this special request.


#26 Group Bonus

Reward your prospects with a group affiliate bonus. You could get a bunch of other businesses to donate products to your affiliate bonus package. In exchange, the businesses could use the bonus too or get opt-ins from the buyers.


#27 Free Trials

Grant your prospects a free or low cost trial to the product if they purchase through your affiliate link. You would just need to ask the product owner to give you this special option through his/her affiliate program. Another idea would to be offer free shipping.


#28 Someone's Discount

Present your prospects with a discount to another businesses product when they buy from your affiliate link. You would just need to ask another business to give your prospects a discount and in return you could possibly give them new customers.


#29 Retired Product

Furnish your prospects with a previously retired product as an affiliate bonus. The retired product could be from you, the product owner or a totally unrated business that you made a deal with. People like to get bonuses that weren't previously available to others.


#30 Community Bonus


Provide your prospects with an affiliate bonus that gives them an online community to chat with other like minded customers. Some ideas are a forum, social network, chat room, discussion list, etc. It could be one you provide or the product owner provides.


With all the competition in the affiliate market today you need to find an edge. A unique  affiliate bonus will give you that advantage over your competitors. Why would a person buy through your competition's affiliate link when they can get something extra from ordering through your link?

And just because I listed only thirty affiliate bonus ideas doesn't mean you can't get creative and think of some of your own. The opportunities and ideas are endless and only limited to your imagination.


“Keep away from people who try to belittle your ambitions. Small people always do that,
but the really great makes you feel that you, too, can become great.”
~ Mark Twain

Offline Jim Burney

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Re: How To Increase Your Affiliate Commissions
« Reply #1 on: July 13, 2009, 02:13:23 PM »
Mark

Some more great information.

Quote
#1 Commission Rebate

Offer your prospects a rebate on the product from your affiliate commissions. Another idea would be to use part of your affiliate commission to buy them a certain product instead of giving them a money rebate.

You need to wait until the guarantee period has finished before actually giving a rebate.

It is quite important to operate like this.

Jim

Offline Mark Austin

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Re: How To Increase Your Affiliate Commissions
« Reply #2 on: July 13, 2009, 02:15:40 PM »
Good point Jim. Thanks for pointing that out!

Mark
“Keep away from people who try to belittle your ambitions. Small people always do that,
but the really great makes you feel that you, too, can become great.”
~ Mark Twain

Offline KarenMcG

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Re: How To Increase Your Affiliate Commissions
« Reply #3 on: July 15, 2009, 04:38:02 PM »
Mark,

Thank you for your report RE: Affiliate Commissions.

There's so much opportunity "out there" and it's good to know how to enhance what we already have.

Jim, thank you also for your comment re: the commission rebate and the guarantee period.

Karen

Offline Jim Burney

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Re: How To Increase Your Affiliate Commissions
« Reply #4 on: July 16, 2009, 04:44:48 AM »
Quote
You need to wait until the guarantee period has finished before actually giving a rebate.

It is quite important to operate like this.

Jim

Good point Jim. Thanks for pointing that out!

Mark
Mark and friends

Just to explain a little further;

This is a method the rich jerk advocates. He has also found that most people do not even bother to get back in touch for their discounts!!

Us humans can be so fickle. ;D ;D ;D

Jim

Bixlk

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Re: How To Increase Your Affiliate Commissions
« Reply #5 on: July 16, 2009, 07:01:51 PM »
Wow!!  Thanks Mark!!  30 Super Great tips  :::tu

Many of them never occurred to me, so I Printed it out, and will put at least a couple of them in play this weekend. 

And definitely a great point Jim due to Clickbanks usual 60 day no hassle refund policy  ;D

Thanks,
Bill