As we all know, affiliate marketing is a rapidly growing industry and has greatly changed the way that we market. Nowadays, brands all of the world are taking advantage of this growth and are making use of affiliate marketing programs. Although for these programs to be a success, brands must engage with the affiliates.
It is known that affiliates that are engaged are more likely to start brand conversations or promote their affiliate products, meaning more clicks and sales for your brand. Therefore, it is important that you keep your affiliates engaged and involved, in order for you to reap these benefits. There are many ways that you can keep your affiliates engage, but here are a few examples.
Flexible commission prices
The first way that you can help your affiliates to feel engaged is to be flexible with your commission prices. Being flexible with your commission prices will be extremely beneficial for you brand in the long run, as affiliates will be more likely to work with you. A way of keeping your commission prices flexible is by allowing top-referring affiliates to earn more money if they are able to refer more sales to your brand in a certain period of time. By doing this, the affiliates that you work with will be more engaged and provide your brand with great marketing.
Pay on time
Following on from being flexible with your commission prices, when it comes to keeping affiliates engaged with your brand you should ensure that you are paying them on time….