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Written by Webmaster
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Monday, 13 October 2008 |
By Benjamin Bressington
 With the increasing popularity of internet marketing, more and more entrepreneurs are beginning to realize the power of affiliate programs. Affiliate programs are generally easy to create, and implementing an affiliate program that allows affiliates to sell your product or service could very well mean a massive boost in sales.
Understand how it works
Affiliates are essentially your sales representatives. They promote your product or service in exchange for a commission (generally 50 percent or more) on every sale they make. While you offer a substantial commission, you will still make considerably more money than you would if you promoted your product or service alone.
Identify the specifics
Once you've decided that an affiliate program is right for your business, you must identify the specifics by answering such questions as:
How much commission will you offer your affiliates?
How will you find affiliate partners? Through Web sites such as Commission Junction or Clickbank? Independent advertising? Online forums and message boards?
How will you keep track of your affiliate sales? Will you purchase tracking software or rely on a |
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Last Updated ( Monday, 13 October 2008 )
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