7 crucial Customer Reciprocation
strategies to super-charge affiliate profits
Michael Lever
You've probably heard the
Internet gurus mention Customer Reciprocation as a powerful way to
profit from the purchase intentions of other affiliates. What many
of them fail to mention is the strategies they themselves use to
make Customer Reciprocation work in their favour.
It is like comparing the novice share investor who buys and sells
shares, with a stock market guru who uses gearing, derivatives,
futures, and hedging to manage their stocks.
In this article I will explain the strategies these
"super-affiliates" use in simple easy to understand language. By
adopting them, you too will have the upper hand and the affiliate
game will become somewhat fairer.
If you are not fully familiar with Customer Reciprocation, it is
basically the process of someone becoming your customer when you
become theirs. It generally applies to affiliate marketers as they
can purchase through each other's referral URLs, but can also be
used by online
merchants.
Lets level the playing field and get you set to super-charge your
affiliate profits.
#1) Let someone else do the mundane work for you.
Register your purchase intention with a Customer Acquisition
Exchange before you shop at your preferred merchant store. This is
by far the easiest way to find an affiliate of that merchant willing
to purchase from you. It is an extremely cost effective way to find
paying customers. Think of them like Internet dating services
without the imperfections of dishonest body measurements and cliched
interests.
#2) Direct the traffic.
Prioritise your referral URLs to direct reciprocal
customers/exchange partners to merchants that pay you higher
commissions. As there are probably hundreds of affiliates you can
purchase your intended products through, it makes sense to
reciprocate with one that has a purchase intention with a merchant
that pays you better. Be careful, however, not to eliminate high
demand merchants, as you may miss out on sales.
#3) Maximize return on investment (ROI).
Use a Customer Acquisition Exchange that adopts a Cost Per
Acquisition (CPA/PPA) model. This way you won't pay until you
receive your customer/commission.
#4) Move with speed.
Ensure your exchange service allows deferred compensation so you can
purchase what you want at a time that suits you. This is a powerful
way to drive customers to higher paying merchants as you are
extending your search period. $400 commission next month is better
than $10 commission today.
#5) Work smarter.
Monitor your merchants Customer Reciprocation success rate. Your
Customer Acquisition Exchange will be able to provide you with
statistics of which ones have the highest demand and conversion rate
(CVR). Check their payouts and invest your efforts accordingly.
#6) Do your research.
Find a Customer Acquisition Exchange that allows you to monitor the
demand and conversion rate of merchants you are not an affiliate of.
Join the top performers and take advantage of the additional sales.
#7) Create the market.
Encourage other affiliates to use Customer Reciprocation. This will
increase activity resulting in less wait and more sales/commission
for you.
I hope you enjoyed reading this article and feel excited about
applying the strategies you've learnt. If you know someone who would
also benefit from learning these, please share the knowledge by
forwarding this article to them.
Regards Michael Lever
Michael Lever is a co-founder and CEO of SpinningTornado.com, an
independent company offering unbiased tools and services to help
affiliate and network marketers build profitable online businesses.
http://www.SpinningTornado.com
Partnering affiliates the world over.
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