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VIRAL MARKETING > VIRAL MARKETING WITH  AFFILIATE PROGRAMS.
 
   
Affiliate programs create powerful alliances between an online merchant's website and various "affiliate" websites. Affiliate programs as discussed earlier, are a great marketing tool, especially due to the fact that they are viral in nature.
However, affiliate programs are attractive only if they offer useful and valuable incentives to the affiliates. The best form of incentive would be cash in the form of commission from product or service sales. This is the best incentive for your customers to join your affiliate
program and spread your marketing message.

Tips for Making Your Affiliate Program Attractive
The most important aspect of any affiliate program is the incentive. You should offer better incentives than your competitor sites. Money is the biggest and best form of incentive you could offer your customers. Offering a percentage of your sales revenue resulting out of each successful hit can be a great incentive.


If you are selling a digitally downloadable information or software product, I suggest offering 50%-75% commission to your affiliates. Since these type of products cost you practically nothing to distribute once created, you want to offer the highest commission possible to motivate your affiliates.
Otherwise they will simply find other people’s products to promote who pay better than you do. Trust me on this one. I’m a top affiliate for multiple affiliate programs online who have won my loyalty by paying me better than their competition. Apart from the normal incentives, offer something unique such as cash awards and bonuses for the top affiliates who are responsible for bringing in the highest traffic or highest business to your website. This would provide greater motivation for affiliates to not only join your affiliate program but also refer your website to more people. In fact, one affiliate program that I was not a member of started publicizing a contest where the person who referred the most new members by a certain date would win a $10,000 cash prize. Because of the excitement from that company’s membership, word got out and I decided to join the company’s affiliate program myself so I could take a shot at the prize.


A few weeks later, I had referred over 600 new paid members to the company through my online marketing efforts and won the coveted $10,000 prize. That’s the power of offering a prize/reward to your top affiliates! Standard affiliate programs only reward the direct affiliate for referring new customers. To stand out from the crowd, set up a 2nd-tier or multi-tier affiliate program.
In other words, reward both the affiliate responsible for bringing customers to your website as well as the person who had originally referred this affiliate. Allow me to illustrate this strategy. Let’s say that John referred Max to your website and your affiliate program. Max liked your affiliate program and joined it and eventually bought your product or service offered on your website. In this case, John would get a percentage of the profit.


Now let’s say, Max referred your website to a friend of his – Harry. Harry visits your website – likes your product – and buys it. A single tier incentive program would reward Max by giving him a percentage of the profit generated. A two-tier incentive program would offer Max a
percentage of the profit, as well as John a percentage of the profit, because John referred Max in the first place. Multi-tier affiliate programs can be very profitable.
The above point can be explained in simple terms as “Make it as easy and as natural for affiliates to promote your product or service as possible, by letting your affiliates benefit from those whom they refer”.
This will encourage your affiliates to convince more people to visit your website, buy your products and join your affiliate program.


Using E-books for Affiliate Marketing
If you've been delving into affiliate marketing at all, you're no doubt aware of the viral potential for e-books. It's the affiliates who make them viral, after all, passing the word about the product to their website visitors, ezine subscribers, and clients, with the goal of
earning a commission from a sale.
The possibility of re-branding the ebook (that is, customizing certain portions of it, or changing the affiliate link coding so that the current host of the download can gain from the affiliate commissions) adds pass-along momentum as discussed earlier.


Let me explain the concept of re-branding further. If you've created a useful e-book which also promotes your products or services and where affiliates can change the links in your book to point to their affiliate links, you can let your affiliates give this book away to their
visitors and subscribers as something useful for them, as well as something that gives your affiliates a chance of selling your products to everyone who reads their branded copy of your ebook.
Remember, an ebook can come in the form of a report, a catalog, a sales presentation, a detailed list of features, and so much more – the possibilities are endless. It could be whatever that is helpful to your visitor and your customer. It can contain graphics, hyperlinks and, with some compilers, even animated graphics and multimedia.


An affiliate can use downloadable ebooks to enhance the attractiveness of his or her website or ezine, use the ebook as an incentive or simply engender a feeling of trust in their visitors and readers by providing quality information and advice for free.
This technique allows affiliate program merchants to help their affiliates to become more acquainted with viral marketing and more effective in selling online. Using ebooks as a source of affiliate viral marketing can dramatically increase traffic and profits for any website.

 

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