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Affiliate Management Cheat Sheet
30 minutes a day for a succesful affiliate program
Set-up - one time (0.5- 2 hours):
· Set commision value and cookie life.
· Add tools (banners and feeds)
· Define program description and TOS.
· Set up tracking code.
Daily (15-30 minutes):
· Accept affiliate requests to work with you.
· Accept or reject commissions based on order status.
· Respond to messages.
· Checks previous day’s stats.
Weekly (2-4 hours):
· Check last week’s results.
· Communicate news and promotions.
· Update tools.
· Recruit new affiliates.
Monthly (2-4 hours):
· Check last month’s results.
· Send affiliates useful promotion and sales info.
· Reward high performing affiliates.
· Take a look at the competition.
Periodically 3-6 months (4-6 hours):
· Check program settings.
· Organize motivating affiliate challenges.
· Arrange meetings with affiliates.
· Check the latest affiliate trends.
· A well managed affiliate program should bring in an additional 5%-30% in sales.
· Set your commission considering your margin. Appealing values range from 2%-3% for small margin products (IT&C)
and 15%-20% for high margin ones.
· You can add the banners you are using already in Google AdWords.
· You need a product feed to attract tech savvy affiliate.
· Choose automated affiliate request approval. You might miss out if you misjudge an affiliate.
· Use the API to automate commission processing.
· Communicate proactively! Always reply quickly and to the point.
· Daily figures to check: sales number and value, number of clicks and of active affiliates, conversion rate.
· Figures to check and compare to previous week: sales number and value, number of clicks and of active affiliates, conversion rate.
· Segment your affiliates depending on traffic source. Find a bonus scheme to reward based on results.
· Send at least a weekly newsletter on new promotions, top selling products and categories.
· Try recruiting by email at least 3 new affiliates from outside the network.
· Add banners for new campaigns and check if the product feed is working.
· Check out your competition (i.e. affiliate programs, not other competing online stores). Look at their commission.
and cookie life and their ranking.
· Grant special conditions to well performing affiliates (commission and cookie life)
· Useful info for affiliates are: audience demographics, products info, sales stats (AOV, hourly sales)
· Evaluate the affiliate marketing contribution in the promotion mix (traffic, sales, cost/conversion, attribution model)
· Check for major changes that need the program’s revision.
· Affiliate competitions are one of the best way to motivate and activate affiliates.
· Host a webinar for all your affiliates.
· Affiliate Marketing is a very dynamic field. Make sure you are up to date!
blog.2performant.com
We offer you all the usual affiliate marketing goodies, with a cherry on top.
Let's talk: hi@2performant.com2performant.com .

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Affiliate Management Cheat Sheet by 2Performant

  • 1. Affiliate Management Cheat Sheet 30 minutes a day for a succesful affiliate program Set-up - one time (0.5- 2 hours): · Set commision value and cookie life. · Add tools (banners and feeds) · Define program description and TOS. · Set up tracking code. Daily (15-30 minutes): · Accept affiliate requests to work with you. · Accept or reject commissions based on order status. · Respond to messages. · Checks previous day’s stats. Weekly (2-4 hours): · Check last week’s results. · Communicate news and promotions. · Update tools. · Recruit new affiliates. Monthly (2-4 hours): · Check last month’s results. · Send affiliates useful promotion and sales info. · Reward high performing affiliates. · Take a look at the competition. Periodically 3-6 months (4-6 hours): · Check program settings. · Organize motivating affiliate challenges. · Arrange meetings with affiliates. · Check the latest affiliate trends. · A well managed affiliate program should bring in an additional 5%-30% in sales. · Set your commission considering your margin. Appealing values range from 2%-3% for small margin products (IT&C) and 15%-20% for high margin ones. · You can add the banners you are using already in Google AdWords. · You need a product feed to attract tech savvy affiliate. · Choose automated affiliate request approval. You might miss out if you misjudge an affiliate. · Use the API to automate commission processing. · Communicate proactively! Always reply quickly and to the point. · Daily figures to check: sales number and value, number of clicks and of active affiliates, conversion rate. · Figures to check and compare to previous week: sales number and value, number of clicks and of active affiliates, conversion rate. · Segment your affiliates depending on traffic source. Find a bonus scheme to reward based on results. · Send at least a weekly newsletter on new promotions, top selling products and categories. · Try recruiting by email at least 3 new affiliates from outside the network. · Add banners for new campaigns and check if the product feed is working. · Check out your competition (i.e. affiliate programs, not other competing online stores). Look at their commission. and cookie life and their ranking. · Grant special conditions to well performing affiliates (commission and cookie life) · Useful info for affiliates are: audience demographics, products info, sales stats (AOV, hourly sales) · Evaluate the affiliate marketing contribution in the promotion mix (traffic, sales, cost/conversion, attribution model) · Check for major changes that need the program’s revision. · Affiliate competitions are one of the best way to motivate and activate affiliates. · Host a webinar for all your affiliates. · Affiliate Marketing is a very dynamic field. Make sure you are up to date! blog.2performant.com We offer you all the usual affiliate marketing goodies, with a cherry on top. Let's talk: hi@2performant.com2performant.com .