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Learn How to Choose the "Right" Associate Program Software
The whole point
behind setting up an Associate Program is to make it really easy for
the associate to join and to bring you qualified visitors. For the associate,
the beauty is that there are no orders to fill, no credit cards to charge,
no inventory to stock, no returns or shipping or handling problems,
no customer service, no questions, no in-person or over the phone selling
of the product.
It is all "clean
and easy" for them... which is one of the main benefits of joining an
Associate Program.
They don't have
to worry about maintaining a website (although many associates DO have
a website, some just sell to their newsletter lists, or use other sales
techniques not requiring a website). It basically makes it really
easy for them to make money. They link to you, you track everything
and you give them a referral fee for every sale they generate. This
is the heart of Associate Programs, and the whole beauty of them!
What you want as
an associate program owner, is software that not only takes a lot of
work out of your hands, but makes it really easy for your associates
to join and get all of the information they need to become successful.
Most small businesses
should not be concentrating on how the software works and on how to
get it working. Your time is better spent on developing products and
on marketing them not on dealing with the technology behind your software,
because the technology can be very sophisticated.
As an example,
our software is very sophisticated. We've spent over $150,000+ developing
it and another $150,000+ time and labor, testing it, modifying it, and
learning what works and what doesn't work the hard way.
We run a number
of associate programs and so we know what's necessary because we
are dealing with the same issues and problems you will be facing, every
single day!
To repeat myself
(because it is so important), you, as an Associate Program owner, want
to have software which is easy to use and provides all of the information
for associates to become successful (which means that you become successful).
You want to spend time on marketing and improving your product, building
a better website, converting more visitors into sales and supporting
your associates to make sure they are doing well, giving them more ideas
and making sure you have great customer service. You don't want to be
worrying about all the hardware and software technology, which goes
on behind the Associate Program.
BUT... you should
know what Associate Program software is capable of... what features
to look for and ask about... what works and what doesn't work! You
need to know enough about Associate Program software to choose wisely.
There's lots of
software out there right now for Associate Programs. To be very straightforward
(and I'm not going to point fingers at anyone in particular), there's
a lot of garbage out there. Some of them have different ideas on how
to track associates (i.e. CGI scripts, hidden form fields, through cookies,
through Java scripts, through database management, through ASP management).
It goes on and on and on. You have to really watch this, because you
must get quality software. You don't want to set up your whole Associate
Program and then find out 3 months later that the software is lacking
and your associates are complaining that the software isn't reliable
not to mention the multitude of other problems, which may arise with
poor software.
So what software
is available?
What if I told
you that it ranges from $300 to $12,000?
Pretty crazy isn't
it?
There is software
which goes by such names as Site Sponsor, NetTracker 2000, E Comm Works,
Affiliate Shop, Commission Junction, ClickTrade, BeFree, etc. The list
just goes on and on. As I just mentioned, some of this software is available
from as low as $300.00 to a high of $12,000.00.
What can throw
you off is the pricing structure for the different software. Some companies
implement the software for you, some run the software from their servers
and charge you a set up fee (in the thousands of dollars!), and some
charge you "per affiliate" you sign up (which can really get expensive
if you get a lot of affiliates). The list just goes on and on. It seems
like everyone has their own price structure and it gets quite confusing
as some can have semi-hidden charges and it becomes hard to compare
accurately between the different pieces of software.
As far as buying
associate software, I personally haven't found any software that I would
use for MY clientele that is under $7000. Generally the software over
$7000 has some great features. It is very intricate and complicated
software designed to make it easy for the buyer to use and easy for
the affiliate to use. But it is very expensive!
Generally speaking,
a lot of the cheaper software is less sophisticated, might require a
lot of custom modifications, doesn't track all the sales, doesn't make
it easy for associates to sign-up, or is not sufficiently automated.
All these things
are problems not only for you but for your associates as well.
Associates don't want to join you if you don't offer stats in real-time.
They won't join you if they don't feel confident that they are going
to get credit for every single sale they generate. They won't join you
if you don't have software which makes it easy to join and helps them
become successful associates. They won't join you if you don't have
a successful website which converts visitors into sales.
It's important
to have good software in order to make associates feel comfortable that
you have a legitimate program, that your tracking methods are reliable,
that they can trust you, and that you have a great opportunity for them.
In addition to
the cost of the Associate Program software, there are additional out
of pocket costs involved in setting up an Associate Program. This includes
the cost of hosting fees (usually included in your website hosting fee
unless you are a very large site), costs for any kind of modifications,
maintenance, or updates, or anything special that you want to do with
the software.
Before I go on,
I will mention that you do have one other option... that is buying the
services of a company which will administer your Associate Program for
you. Some of them have huge set up fees and a smaller per sale fee...
while others waive the set up fee but charge as much as 30% for each
sale you make.
Now, if you are
looking at software that is $10,000, then you may want to reconsider
looking at the companies above but don't worry I will show you how
to get software that will cost you less than $700 and have the same
features and value as the $7000+ software.
It is much more
cost effective to have your own Associate Program software, control
all your own systems, and be able to make special modifications to it
if you want to add specific features or customize it for your business.
Even though the
service companies charge you hefty fees of up to 30% of each sale, they
can't do any customization! If you have your own software you can customize
it and make it exactly how you need it for your Program, for your system!
Here are some of
the features you should look for:
The
associate sign-up process should be fully automated.
It should make
it super clean and super easy for affiliates to join up. When your prospective
associate fills out the form, they should quickly be assigned an associate
code. They should automatically be sent an email giving them the details
on banners or text links, how to install them and recommendations for
using them. You should be able to automatically send them a FAQ sheet....
everything they need to get started right away all automatically so
it happens without you lifting a finger.
If your associates
want to make changes... their passwords... their email address... the
address their checks are sent to, their phone numbers... they should
be able to do that at any point in time themselves. Having this
process fully automated makes it easy for them... and for you (so you
are not changing their information and eating up your valuable time
when you could be out marketing your company and making money)!
For example, if
you go to my Internet Marketing Center Associate Program, http://www.marketingtips.com/assoc/assoc_program.html,
you can see how my program works. It is super automated, so when someone
signs up, instantaneously they are assigned an associate code, we email
them and give them the details on all the banners they want to use,
how to use them and where to place them. We give them recommendations
and a FAQ sheet. We have a FAQ which answers all the questions they
may have; we go into detail on how the commissions work, how the tracking
works, so they understand it all. The easier you make it for them, the
more they understand, and the more they will get involved in your associate
program to make you (and themselves) money.
Automated
Contact System
Make sure that
you can automatically email all your associates if you want (i.e. a
special webpage that allows you to que a mailing, press a button, and
walk away). All it should take is a click of a button to email all of
your associates and give them an update on what is happening and how
they can improve their associate referral fees.
Flexible
Administrative Functions
Your administrative
functions should work for you... not against you! Can you call up a
web page and check all your associates? Can you go into the software
and make adjustments? For instance, if refunds come in, we will simply
make adjustments for that refund and take the referral fee off the appropriate
associates' commission checks (VERY Important!). Does the program give
you monthly commission reports? Can you make instant changes to all
your associate sites? For example, if you change a price, or want to
put up a different offer, or change headlines. The software has to have
the ability to do all of this for every associate with the push of a
few buttons.
Automatic
Tracking
Top-notch software
will track through all the different types of browsers, set ups, and
visitor types. It will track orders whether it's an 800 number order,
a fax order, an order via mail, or an online order.
Your software should
be able to track visitors whether they order today, tomorrow or a year
from now... and no matter how many products or services they order.
The associate who originally sent the visitor to the site should get
credit for all sales, no matter when those sales take place.
Variable
Payouts
It's very important
that you have software that allows you to choose to pay a fixed amount
per sale, or a percentage of the sale. YOU need to be in charge of determining
your payout your software shouldn't limit you, or decide this for you!
Real
Time Statistics
You definitely
want real time statistics. Your associates should be able to go and
check all the stats anytime they want to. They should be able to see
how many visitors they are sending over, and how many sales they are
making. This allows them to test various sales techniques at their site
to see what works well for them! It also motivates them by seeing what
they are making currently and encourages them to do better. You want
to provide an administration area that will give your campaign a proprietary
feel.
Counting
Visitors and Sales
Make sure you have
software, which will count the number of visitors and the number of
sales for each associate separately. That way you can see which associates
are sending you quality visitors, and which are not. It will also let
the associate know if his/her customers are converting into sales and
if they are not, he/she has a chance to improve that by reading the
stats. You will be surprise how useful this is and how many associate
software programs do not count the visitors, only the sales per associate.
Wouldn't it be interesting to find an associate who sends you 500 visitors
and sells 50 products, compared to an associate who sends you 5000 visitors
and only sells 5 products? This information is INVALUABLE and helps
you identify successful associates and not-so-successful associates
(so can help them improve to make you both more money). Your affiliate
software should generate a spread sheet like report listing revenue
ratio per associate, product and total.
Minimum
Pay Out Settings
You should be able
to preset your pay out levels. For example if you are selling a product
that pays out $10.00 per sale, you might want to set your minimum pay
out level at $30.00 (3 sales) in order to cut down on checking and administrative
costs.
Remove
Commission's Feature
You want a user
friendly method that allows you to remove an associate commission due
to a refund or test order. A feature like this is essential to managing
an accurate sales report and commission status.
Automated
Check Paying
This is very important
and gets necessary as you become more successful! Your software program
should have some kind of system in place, which writes the checks for
you to your associates. This may not matter the first month, but as
you get bigger and start having to write 100, 200 or 500 checks a month,
it can get really tedious. It could take days of simply writing
checks if you had to do it manually (also there is a lot of room for
error this way).
For example, in
our associate software we use for the Internet Marketing Center,
the software automatically downloads all of the information of payee
name and amount owed in a QuickBooks format. We simply upload that file
into QuickBooks Accounting software and QuickBooks automatically prints
the checks for us! There are no hassles, as it is done in a few minutes
and makes the whole process very easy because it is fully automated.
If we didn't have this, we would be looking at days of work just to
write the checks every month.
We only spend less
than a few hours a month doing month end, whereas before we were fully
automated, we were spending 3-4 solid days doing it! In other words
make sure you have a fully automated system.
There are dozens
of small things that will take a lot of time, which you probably never
thought of... like actually having to write out and sign all those checks...
and then having to print out all the stats for every associate then
print out all the labels for every associate, etc. Why do it by hand
when you can have it done automatically for you?
Here is the
good news!
We have developed
our MarketingTips.com Associate Program software from scratch and been
using variations of it for the last 3 years (we call it AssocTRAC).
We have developed it from the point of view of a marketer, not from
a programmers point of view... there is a big difference!
We have learned
a lot over the years we have invested in this. The problems we have
run into, dealing with thousands of associates have introduced us personally
to all the ups and downs, ins and outs of running an Associate Program!
We have developed software, which meets all of your associate program
needs, whatever you can imagine, from a marketer's standpoint.
In my opinion
it is probably the ultimate associate software available out there!
AND, we are adding features to it all the time, little modules that
you will be able to purchase that will have extra toys and features
that will make things even more automated! It blows me away every day
we do this, as it is just incredible, and it saves a lot of time (and
makes a lot of money!).Click
here to get a list of how it works and how you can use it to start
your own associate program for your product or service.