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There's an overwhelming choice of affiliate tracking solutions on the market. Before we even consider whether your program is best suited to a software or network based solution, lets look at the basic functions of a typical tracking solution:
#1 Affiliate sign-ups
You want a potential Affiliate to arrive at your site, review the Affiliate offer and upon agreeing to your terms and conditions, sign-up.
Most systems allow you to choose if Affiliates are 'auto-approved' i.e. accepted as an Affiliate into your Program immediately or if all applications are held awaiting your manual approval.
#2 Provide Affiliate link codes
Once approved your Affiliate needs to know how to link to your site.
Just about every system will send an automated email. This will provide the Affiliate with their unique link codes and instructions on how to place their text links, banners and any other link creative that you offer.
#3 Real time reporting
Your Affiliates want to be able to check their statistics at their convenience.
Your system should allow them to log into an administration area, and at a minimum, check their click-thrus and sales statistics.
Typically this administration area will also include a download area enabling them to grab the code for your range of banners and buttons etc.
#4 Management reports
You will need real time statistics showing how many Affiliates have joined your Program, how many are active and the impressions that are being generated over your defined time periods.
Plus, of course, you need to see the total sales and commissions due to each partner.
#5 Payment processing
Your tracking system also needs to report on what commissions are due according to your minimum check cutting policy.
Of course, these are just the very basics. There are a variety of value added features amongst the different solutions available that you and your affiliates may find useful.
For more Neil Durrant articles and resources, click here.
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Neil Durrant is considered one of top experts in the field of affiliate marketing. Neil wrote and published The Practical Guide to Creating and Managing a Profitable Affiliate Program. He also is the proprietor of the Affiliate Announce Submission Service and has been involved with helping many hundreds of Affiliate Program managers publicise their programs for years. Neil produces the monthly 'Affiliate Managers Newsletter'. |
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