The purpose of this post is to give you a method by which you can get more affiliate marketers to join your program so your sales increase and so does your income.
One of the most effective methods to get affiliates for your program is by having your current affiliates bring their other affiliate friends to join your program.
Assume you currently have 5 affiliates that bring traffic to you.
Each of those 5 affiliates brings 2 of their friend affiliates to join your program.
You now have 10 new affiliates + 5 previous affiliates = 15 total affiliate marketers
Now those 15 affiliates bring 2 more of their affiliate friends to join and promote your program.
You’ll have 30 + 15 = 45 affiliates
Not only this method brings lots of affiliates, it brings the high quality ones i.e. you get affiliates that actually bring targeted traffic and generate sales for you, not just some ‘wanna be affiliates’.
Just like you are paying your affiliates money for bringing customers to you, you have to give them some incentive to bring their affiliate friends to you.
The incentive you give is up to you, here are some ideas:
First: A fixed amount of money in exchange of bringing a fixed number of approved affiliates (affiliates approved by you).
So, you can offer $50 dollars to bring 5 approved affiliates.
Note: It is important that you approve those affiliates or you could end up paying money for useless affiliates that would never bring you any sales.
When you approve affiliates, you check whether they are legit affiliate marketers who have a solid platform and have successfully done affiliate marketing previously.
Second: A physical gift for bringing a fixed number of approved affiliates.
Like, a phone, a laptop, vacation ticket etc. for bringing 20 new approved affiliates.
Third: A contest among affiliates with prices of different range.
Whoever brings most new approved affiliates gets a T.V, the second highest gets a laptop and so on.
In this case there is no limit on the number of affiliates to bring. Your affiliates can bring as many new affiliates as they want and would get price
Forth: A 2 tier affiliate program
This is where your affiliates brings new affiliates and receive a part of their earnings.
One of your affiliates brings 2 new affiliates to you and those new affiliates earned $100 dollars in commission in a month, so the affiliate who brought them earns a fixed percentage of their earning like 5% (in this case $5 dollars)
There is no requirement for approving affiliates in this case since you only pay money after those new affiliates bring you sales.
A successful 2 tier affiliate program example is ClickFunnels affiliate program. They pay 5% in 2nd tier commission.
That means, if I give ClickFunnels a new affiliate and he earns $100 dollars by promoting ClickFunnels, I would get $5 without doing anything.
It also means that I would keep earning 5% of his earnings for life.