One of the most frequently asked questions from people who have affiliate programs in this day and age is, How do I keep from losing profits with my affiliate program?
Losing some profits is a given aspect of our time, but there is a way to cut back on the loss.
As the economy continues to slump, website owners, including affiliates, lose interest because monies are tight. We must remember most new affiliates have no get up and go knowledge that helps them gain confidence and assurance about marketing and sales.
You would be surprised to know that in some programs, there is no mentoring or coaching involved. The green affiliate is sent out on their own like Christopher Columbus to discover the world.
Not equipping and motivating affiliates effectively are the main reasons they fail to bring in substantial profits! When it costs the affiliate for information or time, the bottom line is that it cost both of us our success at making profits.
Any CEO whose company is making substantial profits will tell you it takes work to keep their crew motivated. The Internet marketing circle is no different. If we want to make the most profits...