7.pdf This presentation captures many uses and the significance of the number...
Developing The Right Merchant Mindset
1. Developing the Right
Merchant Mindset
Andy Rodriguez, President, Andy Rodriguez Consulting Inc.
2. What is an Affiliate Marketing Program?
An affiliate marketing program is a
contractual agreement between an
affiliate and a merchant.
The goal is to acquire targeted
traffic, new customers, generate sales
leads, and/or sell products.
3. Managing a Virtual Sales Team
Affiliates work when they want
and for whom they want.
Once you understand this concept,
you are on your way to building
successful, long lasting, profitable
relationships.
4. Managing a Virtual Sales Team
Affiliates can not be fired, they are not your employees
Affiliates do not work for you, they work along with you
Affiliates have no fixed work hours, no time requirements
Affiliates have no fear of loss of compensation or sick days
Affiliates have more work than they hours in the day
Affiliates don’t need you, you need them
Affiliate’s most important asset and ROI is TIME
Merchant’s most important asset and ROI is TRUST
Build the relationships, the sales will follow
5. What does it take to manage a successful
affiliate marketing program?
Merchant’s Mindset Creative Inventory
Affiliate’s First Impression Maximizing Link Performance
Program Information Clear Call to Action
Registration / Application Deep Linking
Approval Letter Keep Links in Context
Rejection Letter Tools of the Trade
Creating Links, Make it Simple Link Options
What is in it for the Affiliate? Commission Structure Flexibility
Commission Rate Affiliate Relationship
Return Days Trust Factor
6. Why You Need to Become an Affiliate Marketer
A successful merchant, affiliate manager has
first hand experience as an affiliate and is
able to help partners improve conversions,
drive traffic and motivate them.
How can you guide or help someone with a
problem if you know nothing about what they
are doing, going through or talking about?