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I am a huge fan of setting up affiliate programs to promote your products and services. Nothing moves products faster than a highly motivated sales force (i.e. affiliates and joint venture partners).
We’ve talked about how to set up an affiliate program and to find JV partners, but now we need to talk about is how to maximize your future earnings by giving up your short term income on your front end product.
By giving your joint venture partners and affiliates 100% of the profits from your front end product, you are going to generate a lot of customers - and fast.
Professional affiliates are sick of earning paltry commissions. 100% profit serves them well. It serves nonprofessional affiliates even more, because people in niche markets think that even 25% of a sale is too much, so they will literally jump all over 100%.
What these affiliates fail to realize is that this is free advertising for you. They are taking on all the risks and you are making money for nothing. It goes without saying that I strongly believe you need to treat your affiliates well.
If you have a great back end, there is nothing stopping you from offering 100% of the front-end commission to your affiliates and JV partners. Not only that, offer them some money on the upsell, too.
The more customers you get into your sales funnel, the more money you will make. If you have 4 or 5 products on the back end, you would be stupid not to find ways to get MORE and MORE customers to see those offers.
Once you have a customer and you have their trust and respect, it is much easier to sell them more and more products on the back end. By giving your JV partners and affiliates 100% of the profits from your front end product, you are treating them like kings. You might be saying...."What?? Give up 100% of my revenue from my front-end product, you must be a lunatic". Well, that's because you are thinking with a scarcity mentality. Stop thinking like that rube.
- File Size:23,123 KB
- License: Resell Rights
- Category:Ebooks
- Tags:2008 Ebooks With Video Resale Rights