Sell your products and services through Affiliate Marketing and Management with MagnifyB
Affiliate marketing is one of the fastest growing methods of marketing products online; for building a newsletter database and for gaining leads. But what exactly is affiliate marketing?
Affiliate marketing is the partnership between 2 parties or websites. One website (the affiliate), will promote another website's merchandise or service (the merchant) on their site and possibly in their email marketing communications. Every time a specified ‘action’ set by the merchant is taken by a visitor from the affiliate site, the merchant pays the affiliate a commission or fee.
Normally when a product is purchased, a percentage of the order placed is paid to the affiliate by the merchant — this can range from 3% to 15% depending on the order value and the volume of orders sent from the affiliate site. For merchants who provide services or require sign-ups, a fixed fee per action will be paid to the affiliate, for example 40p per sign-up or £2 per lead. This is known in the online marketing industry as Cost per Action/Acquisition (CPA) or Cost per Lead (CPL).
To find out if Affilate Marketing is a suitable marketing method for your business get in touch today!
Many large online companies such as Amazon, rely heavily on affiliate marketing to sell products as it is very cost effective method of online web marketing when you want to sell in volume. In a nutshell, it's a win-win marketing method.
However, there are extra costs involved excluding the affiliate payments and like any type of marketing if not properly managed it will not produce the desired results and simply devour money.
Our affiliate management service will ensure your affiliate marketing program is cost effective and produces the ROI needed by:
Identifying and communicating with your top affiliates to ensure a continuous and harmonious relationship. This is vitally important as a large proportion of sales and leads will be generated by a minority of your affiliates.
Organising and managing the marketing materials needed for affiliates to promote your products and services, such as banners and email creative.
Accepting or denying potential affiliates based on the suitably of their site as a traffic driver to your website.
Liaising with the affiliate network to ensure they are also working for you.
Managing, analysing and producing reports for your affiliate campaign.
Researching and setting up of campaigns on appropriate networks.
With our years of experience and knowledge in the industry, the affiliate management service from MagnifyB will ensure you are taken care of from the start. For more information on our affiliate management services simply contact us today.
