Leveraging Affiliate Marketing for WordPress Plugin & Theme Sellers – Part 2 – Affiliate marketing Profits

Hi everyone – Ben from Freemius here. When I was a theatre actor, I used to wonder:   What’s the value of a stage play without  an audience? Does it have any significance? When it comes to marketing and affiliate  programs for your WordPress business,   you might ask yourself a similar question, does it have any impact if I don’t have any marketers working to bring me new customers? The answer here is quite  obvious – of course, it does! Having efficient and productive  affiliates for your plugin or theme   can make a big difference when it comes  to spreading the word about your product   and giving that extra push to your bottom line. That’s why, in this second part of the  ultimate guide for affiliate programs in   the WordPress space, we’re going to focus on  the best ways to attract affiliate marketers! Let’s plug-in! Before we get started, make sure to subscribe to our YouTube channel for future videos. If you’re watching this directly on YouTube, you can click the alert icon for notification about new releases. Like cooking a three Michelin star dish, you need to have the right recipe to 

lure the best affiliate marketers.

Let’s take a look at the ingredients you’ll need:  First, and this might seem obvious,  you must have a great product! Don’t count on affiliates to invest  their time and effort when the product is   only half baked – no matter how  appealing your affiliate terms are. If you make your product as awesome as possible,   it’ll be easier to eventually build  a strong network of affiliates. In short, if you build it well, they will come! Second, treat your affiliate program as a product  on its own – and don’t be afraid to market it. Make it easy for potential marketers to sign  up by preparing a friendly landing page,  invest in promotional content, and  dig deep inside social networks   to find the right affiliates for your product. Another high-converting technique   is marketing your affiliate program directly  from within the WordPress admin dashboard. This way, you spread the word exactly where  there are eyes who want to see it, users of your product that probably like it already  – and it’ll be easy for them to recommend   it on their blog, for example, which is 

probably already built with WordPress.

There are great ways to include an  onboarding mechanism in the WordPress admin area,   including a registration form, in  a way that’s not too intrusive. When selling through Freemius, you can  easily add that option out of the box,   and start seeing those affiliate  applications coming in automatically! The third ingredient for the  perfect recipe to lure affiliates   is to give them an offer they can’t refuse. For most products in the WordPress ecosystem,  affiliate commissions are usually between twenty   and thirty percent – and if you choose to  offer more – you’ll definitely stand out. Another factor of a good affiliate deal  is extending your cookie expiration   date – which means increasing the chances that  a purchase will be attributed to an affiliate. If a user clicks an affiliate link and makes  a purchase 45 days later, but the cookie   for that link expires after thirty days, it means no commission for the affiliate. The longer the expiration date, the more  attractive the affiliate deal becomes. The fourth ingredient is rewarding affiliates 

when users renew their subscriptions.

This is a great incentive for any affiliate  because it means they’ll have recurring revenues,   and it will create more  commitment to your product. With Freemius affiliate platform, you can easily  choose to reward all renewals to the affiliate   or limit the renewals commission  based on a specified timeframe. The fifth ingredient for a successful  affiliate program is offering a “lifetime commission” which means linking customers  together with the affiliate who brought them on board, and awarding the affiliate a commission 

for each of the users’ transactions – for life.

This is a very powerful and attractive benefit for affiliates because it raises their loyalty to the max. Ingredient number six: treat your  affiliate marketers as your employees,   and award them according to their performance. Give them the incentives they need to  keep going strong for your business. For example – you can give them a $100 bonus when they reach $1000 in gross referral revenue    or a 10% increase to their commission after referring more than 3000 new users. The options are endless, and remember to market  these incentives on your affiliate landing page   to show that you want to build a  long-term relationship with affiliates. The last ingredient for that perfect dish to  attract affiliate marketers to your business   is to give them special discount  coupons to make it easier to find   new customers for your plugin or theme. This is a win-win-win for the  affiliate, the customer, and for you. Bon appetit! Having the right affiliate program  for your product doesn’t necessarily   mean that it’ll attract the best marketers. To make your affiliate recruiting efforts  matter and really boost those revenues, you’ll need to get out there 

and actively search to find   the right affiliates that will make an impact.

One way to do that is to log  into your social networks and   try to find community influencers  with large numbers of followers and ask them to post, tweet, and talk about your  product – for a special commission, of course. It won’t be easy, I’ll tell you that. Sometimes it’s a process that needs time, patience,   and a good amount of persuasion, which usually  involves face to face mingling at conferences. Another way of “recruiting” is by 

finding a successful piece of content that is relevant to your product on search results.

I’ll explain. Go to Google and type in relevant  keywords for your product. If your product is a security plugin, for example,   searching for “best WordPress  security plugins” will do the trick. It makes sense that a good chunk of your potential audience is using similar keywords to find security plugins. It is also a fact that the top ten search results  get most of the traffic for this keyphrase. And most of the results will likely  be articles written by a combination   of unbiased professionals, promotional  websites, or affiliate based sites. So you “just” need to figure out how to  get your product listed on those pages. Simply reach out to the authors of those  pieces and ask them to put an affiliate   link to your product in the article. Be sure to offer preferred terms, like a higher commission,   sometimes even a monthly retainer if the  page is getting tons of relevant traffic. This is a definite win-win since you’ll be 

surprised to hear that many of these authors   don’t even plan to make money out of their content, but for those that do, you’ll be prepared with a good offer.

This method allows you to capitalize  on existing traffic sources without   investing a lot of time and effort in writing  content, promoting it, and working on SEO. It’s basically a marketing funnel shortcut. And although it involves reaching out to  people and asking them to piggyback on   their content, the links you’ll get in these  articles will prove themselves to be priceless. That’s it for the second part of  our series on affiliate programs. I hope that you’re now aware of all  the ingredients to the perfect recipe   for building and growing your affiliate network. In the third and last part, we’ll go through  the hazards that you need to be aware of when   setting up affiliate programs, and  how you can avoid affiliate fraud. Be sure to subscribe to our YouTube channel to 

be the first to know when we release a new video. See you next time!.

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