I know your time is valuable so I’ll get right to the point.

Product owners and affiliates for the last couple years have lived a happy co-dependent existence. In the beginning, affiliates had limited choices. Today, it’s an ocean of opportunity.

The reason I’m writing you today is because I feel the industry needs a wake up call.

Here are the problems…

1. Affiliate marketers are becoming less dependent on product owners
2. Affiliates have more choices then ever before
3. Affiliates have evolved with the times but product owners have not
4. Product owners are relying too heavily on affiliates

Affiliates Don’t Need You Anymore

In the old days, an affiliate could simply link to a product owner and that was enough.

Then over time, more and more affiliate marketers were created by the product owners — so many new affiliates that, in order to start making sales, you had to offer some sort of bonus or incentive that no one else was offering.

Now in 2009, you need to go even further than just bonuses, because almost everyone’s doing bonuses at this point.

To compete with the massive amounts of affiliates, you now have to capture leads from your traffic, offer a bonus, and then point the prospect to the product owner.

Don’t forget that more and more people everyday are learning that they can sign up as an affiliate themselves and buy through their own links.

Affiliates are now generating their own leads, creating their own offers, and then sending the customer to someone else. How long before the affiliate thinks: “If I’m generating the lead and creating the offer, then why am I sending the customer to someone else?”

Basically, to compete in today’s world of affiliate marketing, an affiliate has to do all the same things a product owner normally does.

Most affiliates become affiliates to avoid the responsibilities of a product owner. You must alleviate some of the work your affiliates are having to do or risk losing them or worse gaining them as a competitor!

There’s a Network On Every Corner

Back in the day, Amazon, Clickbank, Linkshare, and a handful of others were the only affiliate networks on the scene. Now you’ve got over 32 “major” affiliate networks, not to mention all the small or start-up networks.

It gets worse, too, because new networks are constantly springing up and these networks are offering much more then the typical product owner.

Inside any one of the 10+ affiliate networks that I’m a part of, I’ve got all kinds of affiliate tools and a dedicated affiliate manager.

The average product launcher just scrapes by with a basic affiliate promotion kit. Banners, emails, keywords, and some links are not enough anymore.

Today, affiliates need brandable videos, landing pages, reports, e-courses, interviews, and articles… The Internet in 2009 is a content beast — your affiliates need content!

If your eyes are opening and you’re seeing the problems, then you should check out what the adult industry is doing for their affiliates.

The adult industry offers their affiliates free hosting, dedicated managers, a plethora of brandable landing pages, even whole membership sites that the affiliate can promote the product owner with.

Independents can beat the big networks by offering more customization, unique tools, and personal touch. If they don’t, then they’ll lose their affiliates. Which actually leads me into the third problem I see happening…

Affiliates evolved and optimized their methods for their product-owning partners. However, the product owners are still offering the same resources they offered 4, 5, and 6 years ago. Not only that, but it seems product owners have gotten greedier and lazier.

Product Owners Should Be Responsible For Conversions

In this last part, I’m going to speak for myself, and if anyone is feeling the same thing they can let me know in the comments.

The other parts I’ve already spoken with many other affiliates so I was comfortable speaking for the majority. This next part could possibly just be a weird fluke I experienced and could be totally alone in it.

But I doubt it!

Here goes…

Lately, I have been making some showings in the top 10s of different joint-venture leaderboards, which sounds great. However, for most of them my conversions have been almost totally dependent on my offering a bonus.

“Wait,” you’re saying, “you make more sales by offering a bonus to your subscribers who buy through you?” No!

What I’m saying is, if I don’t offer a bonus, then I don’t make sales. I know because I tried it on the last JV leaderboard I got on. I was in the top 10 for leads, and then when it came time for sales, I never offered a bonus.

Sure enough, I got an egg in my sales column as my reward for that test.

In the product launch right before that, I offered a great bonus and came in top five in sales, making several thousand in commissions plus winning a 52″ flat screen TV.

Here’s my problem though…

I could have just emailed my list, charged for my bonus, made the several grand myself, and not shared my customers with the product owner.

If the product owner’s sales funnel requires that the affiliate offers a bonus in order to make sales…

… Then what does the affiliate need the product owner for?

(Read that again.)

I understand there is a “game” to be played, but this is not the ideal situation for affiliates. And as a product owner you want to take care of your affiliates as best you can. For example, I’ll never promote for that guy again.

In my eyes, he charged too much money for his product and the price seemed largely based on knowing his affiliates would offer a much bigger bonus to compensate for it.

Meanwhile, the affiliate is only getting 50% of revenue. Yet the affiliate is motivating the crowd, generating the leads, creating the hot offer, and generating the sale…

… While the product own just created the product!

Creating the product is a big piece of the pie, but what I’m saying over and over again, here, is that, if I have to offer such a great bonus in order for your product to make sales, I might as well just sell my bonus!

More and more of the top affiliates are getting fed up with this.

Lazy launch days are numbered because affiliates are getting sick and tired of the product owners not evolving their methods to keep the affiliates hard work secure.

Here’s a quick solutions list so you can easily identify what you need to be doing to make sure your affiliates are happy.

What You Must Do To Keep Affiliates Happy

1. You must offer something unique to your affiliates or risk losing them to the networks.
2. You must provide every resource an affiliate would need to make the sale, including a variety of different bonuses.
3. The more you update your affiliates tools (e.g., emails, videos, reports, landing pages, etc), then the more they will go out and promote those new tools.
4. As your affiliates’ job requirements evolve, so should yours as the product owner to make sure the affiliate has what’s needed and is doing what’s required.
5. Protect your affiliates’ commissions during launches, and make their job as easy as you can — you are the CREATOR, they are the PROMOTER.
6. Never steal from your affiliates by denying commissions on backend sales, especially during the launch.

I’m not saying I’m the perfect product owner, either, since I’m missing a few of these elements in my affiliate program myself. Although, you can bet I won’t be letting much time go by before I start making sure I have them all.

Thanks for listening to my rant. And please post your comments and tell me what you think of this situation. I’d love to hear them!

Editor’s Note: This is the fourth in a series of five quick affiliate tips by guest blogger Robert Plank. Videos of each are also posted at the end of this article. Enjoy!
– Michel Fortin

No product vendor likes potential affiliates to ask for free “review copies.” It reeks of inexperience and penny-pinching. If you want to promote a product and need to see what it looks like on the inside, just bite the bullet and pay for it like everyone else.

As an affiliate, you have two relationships to work: with your buyers, and with the product originator. When you try to go the cheap route, you burn too many bridges early on.

Let’s also remember that whenever you pay for something, you’re more likely to take action with it. Just imagine you’ve work and saved your entire life for your dream car. Once you buy it, you’re going to actually use it and take extra care of it, right?

Then imagine somebody gives you the car outright. You didn’t earn it, you didn’t work for it, and didn’t pay anything for it. You still might cherish the car but you aren’t going to enjoy it the same way.

The same is true for getting “affiliate review copies” of products. If you actually buy the product, you’ll have more of a drive to promote and make your money back.

There is also no excuse for trying to save money buying from yourself as the affiliate to get your review copy. People have tried to justify themselves doing this for years, but there’s simply no way to explain it without sounding cheap.

Can you really see Michel Fortin, John Reese, or Frank Kern asking for review copies from each other? No way… $20 or even $100 is a drop-in-the-bucket investment for their business. You want to model those people.

Did you know that Russell Brunson and Matt Bacak attend each other’s $20,000 workshops, and pay each other for hourly coaching? There is no “keeping score” to see who makes more money off the other’s coaching.

If one of them needs an extra boost in their business, they pay for the tools and it pays off.

Usually I will pay full price for even my closest business partners’ products, even though I “could” get it for free — I’d prefer to have the tax writeoff, stronger relationship, and extra motivation that comes with paying full price.

I don’t always buy the products I promote as an affiliate… but if you want a review copy, pay for it instead of calling in favors. You owe it to yourself, your product originator, and your customers to actually invest in your business.

Editor’s Note: This is the third in a series of five quick affiliate tips by guest blogger Robert Plank. Videos of each are also posted at the end of this article. Enjoy!
– Michel Fortin

Affiliate marketing is not a “push button solution”… it’s just a different type of selling than product launch marketing or AdSense marketing.

You are not going to be able to just sign up as an affiliate to some program and expect to make money… you have to DO something with that link!

The big formula for internet marketing is:

List + Traffic = Offers.

When you sign up for something as an affiliate, that affiliate product or service is your offer. Once you have that offer, you need a list and you need traffic if you ever expect that offer to convert.

You’d be surprised at how many people forget this step!

For this reason, I don’t recommend promoting affiliate offers right out of the gate in internet marketing. Build up a list first, even if it’s built from a small $7 report or a free ethical bribe.

Join list building giveaways, place your signature link at the bottom of your forum posts, comment on blogs, leave testimonials for products you own, publish articles about your niche… do whatever you can to get as many eyeballs in your niche in front of that opt-in box. Add an e-mail subscription box to sites that need it, such as your blog.

Bottom line: build a list first, and then send offers to that list once you’ve built up 100 subscribers or more. Does that sound like a lot? Okay… then focus on 8 subscribers a day.

Do you think that with forum, article, blog, and giveaway marketing, that you could get a measly eight subscribers in a day? If you can, then keep it up for 12 days and you have yourself 100 subscribers primed and ready to receive your affiliate offers.

Editor’s Note: This is the second in a series of five quick affiliate tips by guest blogger Robert Plank. Videos of each are also posted at the end of this article. Enjoy!
– Michel Fortin

As someone who runs affiliate programs for over 50 of my own products, I can tell you 99% of affiliates are worthless.

They’ll signup and send no traffic, or send traffic and only bring in a couple of sales. What’s the common thread behind all these affiliate failures I see again and again? It comes in two parts: not making an effort, and not bridging their mailing list to your offer.

I would be thrilled if an affiliate came to me and said:

“I want to interview you for 20 minutes about (a topic directly related to both our products and skills). My list contains (size of list) subscribers, and the last offer I promoted converted at (this percentage) and brought in (this amount of sales). I’ll record the interview, convert it into downloadable form and get it out to my subscribers within 24 hours, with a link back to your offer with me as the affiliate, at the end of the interview. What’s a good time for me to call you up?”

Do you see all the points this e-mail hit?

Most important: this affiliate already brings in results. He has a decent sized list, already had a previous success promoting affiliate offers in this niche. He’s doing most of the work: he chose the topic, he will be interviewing you, calling you, and recording the call.

He’s also going to take immediate action once the interview is finished, and promote this offer to his subscribers within 24 hours.

When you interview the product originator with you as the affiliate, it shows that you care about giving your subscribers a good offer, and not just cutting and pasting the e-mail he gave you.

It shows you have an “in” with the originator so if your buyers aren’t getting support or need a refund, they can get to that person through you… they trust the product originator because they trust you.

Finally, it simply injects your personality into the offer. This offer isn’t being made by some outside source, it’s from you and the originator at the same time.

If the originator isn’t available or you just don’t want to go the interview route, offer one of your products as a bonus to that affiliate offer, that way it’s a blended offer.

If your subscribers trust you but don’t trust the product originator, they can still order from the originator with confidence… because if that product doesn’t deliver in value, your bonus will.

Editor’s Note: This is the first in a series of five quick affiliate tips by guest blogger Robert Plank. Videos of each are also posted at the end of this article. Enjoy!
– Michel Fortin

Stop being so lazy with affiliate marketing!

An affiliate program is where you can link to someone else’s offer with your special ID and get paid commission every sale you make. This process “seems” really hands-off and easy because there’s no product creation or customer support involved… just send traffic to a proven offer!

Here’s the problem.

Most marketers are lazy and don’t realize that affiliate marketing has its own disadvantages. It’s tougher to build a list using affiliate marketing, tough to convert and split test, and you have to devote most of your effort to pre-selling and marketing that affiliate product.

What the heck do you need to know about affiliate marketing in order to pull in decent results?

If you’re serious about affiliate marketing, setup a squeeze page that gets people on a mailing list first and redirects to the affiliate offer. Send traffic to that page using forum posts and articles.

Even if they don’t buy right away, you can keep broadcasting to that list every day with reminders about benefits for that offer… things they might have missed or even things you thought about the vendor didn’t.

For example, once I promoted an affiliate offer about how to create iPhone apps and I wrote a quick follow-up asking people… what if you thought of eBay or AdWords before anyone else? What if you registered even one or two English-word domain names like Business.com or About.com before anyone else? What would those be worth today?

What’s great about this is the product originator practically wrote your e-mails for you. You can copy huge chunks of the sales letters and add them as e-mail follow-ups… then add a call-to-action at the end of the e-mail so people can click your affiliate link to get back to the page.

Even if they don’t buy that offer, you can eventually hit them with a different but related affiliate offer as well.