Things That Could Go Wrong With A Business Affiliate Program
If you dont know or have what it takes to manage a business affiliate program, a lot of things could go wrong and result to a reduced market size, shrinking sales, a worsening reputation and other negative effects for your business.
Things that Could Go Wrong with a Business Affiliate Program
MISCONCEPTION: The Network behind a Business Affiliate Program Will Grow by Itself.
One good reason why many business affiliate programs fail at the first attempt is because its owners or managers often and mistakenly believe that their network of affiliates will grow by itself. This is completely false. A business affiliate program will never increase in size if its not being nurtured properly. Dont depend on your affiliates to spread the word thats not why they signed up to be your affiliates. Its up to you to increase your network size by actively recruiting affiliates continuously.
MISCONCEPTION: More Affiliates Automatically Mean More Sales.
Strictly speaking, however, thats not quite true. When youre recruiting for affiliates for your business, focus on quality rather than quantity....