Once you have begun to develop your own products, it is time to launch your own affiliate program. If you want to make the maximum amount of money from your products, it is vital that you have an affiliate program. Affiliate programs allow you to leverage the scale of a large sales force without having to pay the fixed costs of an in-house sales team. Just think about it, leveraging a large commission-based sales force can help you reach a much larger portion of the market than you could on your own or with a small in-house sales team.
The point of having an affiliate program is that it will be an incentive for other marketers to help you make money at the same time they are making money by becoming your sales force. You will be able to use your time to develop new products, create JV partnerships and take care of other aspects of your business.
There are several different ways to set up your affiliate program. You will need to use the method that is best for where you are in the world and what kind of product you are marketing.
