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Create An Affiliate Program
Should You Create An Affiliate Program for Your Joint Venture
Project?
You have affiliates for your business; why not put them to business for
your joint venture project, too?
Affiliates are already enthusiastic and skilled at selling your
products. They’re familiar with your target market and they already have
systems in place to drive business and sales. When you incorporate your
affiliates into the promotion of your JV project, you’re expanding the
reach of your project and increasing the potential profits.
Additionally, if your partner has affiliates for their business, then
you’re potentially increasing your reach and opportunities
exponentially.
So what materials do you give your affiliates to motivate them to
sell your JV project?
A link back to your site and some form of advertising, such as a
banner or side bar.
Detailed information about your
product, including its selling points, what makes it different from
other products, and its value. If possible, provide them with
testimonials from your customers.
Ad copy, free reprint articles, email promos, free brandable reports,
which affiliates can brand with their own link, and even a free e-book.
Make sure to let your affiliates know the strengths and selling
points of your partner, too. That way they can use the information
in their own marketing tools and methods.
A special website where they can send customers to help
differentiate your JV product from your other products.
Consider giving them an extra incentive to really promote your JV
project. Potential incentives could be a contest. Give the affiliate
with the most sales a cash incentive and you’ll really boost sales.
The more tools you give your affiliates the better. Make sure to keep in
touch with your affiliates for the duration of the promotion and give
them tips on how they can improve their sales conversions.
Some business owners go as far as to provide their affiliates with a
separate joint venture website template and full sales copy for their
product on a warm-up page. This may be worth the extra effort if you
believe it will boost sales.
The more excitement you build around a joint venture partnership, the
more potential profits there are. Your affiliate team can be one of the
best tools you have to create this high level of excitement and
anticipation for your joint venture project, and they can be the key to
real profits. Don’t forget them!
Do a JV the Smart Way!
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