A rebate off the regular price is a great way to do that. Many times popular products have earned name recognition. Customers often type the product's name into search engines in order to find your affiliate product. When they do find your affiliate website, you can hook them with a rebate. Let's say that you earn a 60% commission on a popular product. You could feasibly offer this product to customers at a 25% discount off of the regular price. A customer will jump at the chance to receive a discount. Don't give the discount immediately however. Offer a 25% rebate instead. Why? Offering the 25% discount up front will guarantee that you sell them the product for a lower price, but a rebate of 25% on the other hand is not often utilized. You will benefit from the lead generation fee. Your customer will benefit from learning more about the product or service for free. The company that owns the product or service will have a lead to follow up on for an actual sale of their product. For one reason or another people do not often follow up on the rebate. Only about 15-20% of customers remember to send in the rebate. You can outsource this task to a website programmer on Elance or a ScriptLance. Both of these sites allow you to create a project in which skilled professionals from around the globe will place bids for building your website. A major benefit of these resources is that you can benefit from their professional experience at an inexpensive price. This is to your advantage. Explain that if the customer orders directly from your website link that the rebate is valid. Request that they send in a receipt regarding their purchase. State that the rebate is valid 60 days after purchase. You'll want to make sure to wait until 60 days have passed to make sure they haven't already requested a refund. It is very easy to pay a rebate through Paypal or by old-fashioned check. If you are risk taker you can increase the rebate amount. It is up to your level of risk aversion and experience. It is true that anyone could purchase a program through their own affiliate link and have massive savings up to 75%. But guess what? Most people don't realize they can save money doing this. So point them to your affiliate link instead.
Monday, February 16, 2009
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