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Don’t treat vour competition as enemies, thev are vour allies
The more people that know about your product the more likely you will make regular sales. A proven way to spread the word is use the competition to promote your product. In order to do this you must set up an affiliate program. An affiliate program is a great way to leverage someone else's marketing efforts for your product; in return you offer them a percentage of the price each product sells for.
At this point you might be thinking there's no way I'm giving up 50 to 60% of my profits to someone else. "I've done all the hard work why should I give up my profits". This is a natural way of thinking in the beginning, but it is wrong and flawed in many ways.
Imagine having a silent workforce working for you on autopilot day and night around the world, generating sales and doing marketing for you what price would you put on that. These affiliates are your allies and they will make you a ton of money if you offer them good incentives. To put it into perspective lets look at an example...
Product A sells for $40 it is very good, has a great website and 800 mailing list subscribers. The seller of product A makes 10 sales a week = $400.
He/she has no re-sellers or affiliate program set up. So visitors to his site only have the option to buy not re-sell the product. Visitors to his site are generated purely from his own marketing efforts.
Product B sells for $40 it is very good, has a great website and 800 mailing list subscribers. The seller of product B makes 10 sales a week himself =$400.
However he also has 10 re-sellers and an affiliate program set up offering 50% commission on each sale. His re-sellers make between 10 and 20 extra sales a week on top of his 10 sales which=$600 + Visitors to his site have the option to buy and re-sell his product so his business is expanding all the time. He is getting a lot more traffic to his site than seller of product A because his affiliates are sending their traffic and subscribers over. So in effect seller B is getting 10 times more traffic than seller A.
The best and most reliable affiliate handler is clickbank.com. Clickbank are probably the largest retailer of digital downloadable products on the internet. They always pay out on time and are very professional. Most important of all they have 100,000 affiliates - Yes you read that correct 100,000 affiliates.
For a small one off fee you can list your product on their site, which gets a massive amount of targeted traffic in tons of niches. Affiliates (resellers) can then pick up a code, called a (HOP LINK) relating to your product and make you money. Or if you wish you can sell other people's products as well as your own.
This can be a very successful strategy to employ if someone else's product compliments yours, for example you sell an eBook on how to make money on eBay, and they sell a book on where to source the cheapest goods to sell on eBay.
To find out more details about selling your products and services through clickbank visit their website at clickbank.com. Remember...
"50% of something is far better than 100% of nothing”