Affiliate Recruiting - Easy Systems for Setting up Joint Ventures Part 2
Managing your affiliate system is one step to getting a profitable joint venture started. By becoming a Clickbank vendor, an easy way is provided to you for keeping track of all of your affiliates. First, sign up as a vendor with Clickbank. Then your product or products must be submitted to Clickbank"s affiliate program. A digital product must be on its own "pitch page" that you make with your own domain. Clickbank will not accept pages made on free sites- you must own the domain. The pitch page will be full of sales copy describing and promoting your product. The page will also have a payment link that routes the payment through Clickbank. The page is also required to disclose how long the digital delivery of the item will take. Also, the format used for the product must be disclosed to ensure compatibility with the customer"s system. Clickbank"s return policy must also be listed. Clickbank will replace defective items for eight weeks after purchase, after which time all sales are final.
There are also some items that are prohibited from being sold through Clickbank. Adult items, MLM items, and email lists are just a few of the prohibited items. Make sure to check the list to make sure your item is not prohibited by the company.
After you are registered with Clickbank and your product is picked up by affiliates to market it, Clickbank provides a place to manage your affiliate network. The affiliates can even be paid through this control panel. Clickbank offers an easy and free system of tracking and paying affiliates. Your entire affiliate network can be managed from this control panel. Once you have an effective affiliate network in place, you can begin to set up joint ventures.
Once you find a joint venture partner, you can keep track of your joint ventures through Clickbank as well. Once you have your account in place, you have to seek out and find a joint venture partner. When negotiating with the partner, you will decide upon a commission percentage that will go to the partner. Your Clickbank control panel will have a place to input the commission rate that was agreed on for each sale made through them. Then, sign up the partner as an affiliate for your product. They may also sign up themselves as your affiliate. Either partner can do this, but if you are seeking out the joint venture, you may want to do the sign up simply to make it easier for your partner.
The joint venture partner will then be assigned a link for the item you are selling. You will come up with an ad, and place that link on the ad as the order link that customers will use. You will then submit the ad to your joint venture partner who will send the ad out to the customers on the company"s customer list.
Clickbank makes the accounting for all of your joint ventures simple and easy to track. They will even do the accounting and pay the joint venture partners for you. Clickbank sends checks out to all of the vendors, affiliates and joint venture partners who make sales through the links they provide. Clickbank sends the appropriate commission to affiliates and partners, and sends the vendor"s check to the one selling the product. Checks are sent out every two weeks.
(article to be continued and this section completed in Part 3)
Jim Musselwhite is an internet marketer with a wide array of diverse, authoritative information sites including http://www.affiliatemanagementformula.com/ and Source: http://ezinearticles.com/