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Here's my two-cents.
Yes, I believe adding affiliate programs to the toolkit of an online retailer can be effective if pushed the right way.
The problem I see with affiliate programs is that many online retailers set up a standard "one size fits all" system and expect the affiliate program will naturally pan out. No maintenance.
I don't believe that is the case.
This is what I think: Online retailers should take the time and effort to research and approach sites that are relevant to their target market for the products they provide. Furthermore, they should work closely with these sites to help them push their sales, while providing them with a fair commission. And by "fair", I mean a commission rate that is competitive and can motivate affiliate partners to work hard for your business. That is why when an online retailer manages to establish a few strong affiliate partners, it can impact sales extremely positively. So remember to treat your key affiliates well.
Posted by: Jimmy | July 19, 2006 at 07:45 PM
Here's my two-cents.
Yes, I believe adding affiliate programs to the toolkit of an online retailer can be effective if pushed the right way.
The problem I see with affiliate programs is that many online retailers set up a standard "one size fits all" system and expect the affiliate program will naturally pan out. No maintenance.
I don't believe that is the case.
This is what I think: Online retailers should take the time and effort to research and approach sites that are relevant to their target market for the products they provide. Furthermore, they should work closely with these sites to help them push their sales, while providing them with a fair commission. And by "fair", I mean a commission rate that is competitive and can motivate affiliate partners to work hard for your business. That is why when an online retailer manages to establish a few strong affiliate partners, it can impact sales extremely positively. So remember to treat your key affiliates well.
Posted by: Jimmy | July 19, 2006 at 07:45 PM