What It Takes To Keep Affiliates Happy
I am going to assume that you are a product vendor and that you have already acquired affiliates. This post is more to inspire you and give you ways of how to keep your affiliates happy and retain them for longevity.
One thing you need to know is the ins and outs of the payment processor your using. The difference between Clickbank and Paydotcom is that as a network Clickbank handles all the processing such as refunds, payments to affiliates, etc. PayDotCom on the other hand utilizes Paypal as their processor so they have things in place that allow you as a vendor to handle refunds and payments to your affiliates thru your Paypal account. Being familiar with what network you put your product on (if any) is a vital component in knowing how the money is flowing thru.
At some point your going to have to realize that you will probably run into competing vendors of your product. Countless times I have promoted products in the past on Adwords that I would build a list with and send them promotions. Countless times, I made very good money doing this and countless times, I wanted to squeeze this vendor out of my money flow. I wanted to take the product and make a clone and that way instead of 50%-75% I was keeping the full 100% take. While this is a good model to go by, I never really had time and instead focused harder on promoting the products available to me from the networks.
German Network Administrator Holds Google Ransom, His Demands Are A Job
I saw this on my morning rounds. To give credit I first saw this on one of the popular blogs that I love to visit CashQuests. I started digging a little deeper because I always like to have more than one source but this story is bananas.
The man’s name is Sebastian Klein, a German Network Administrator who apparently has enough of the Big Daddy. So far he has registered 10 Google related domain names. He is demanding a job in exchange for these names.
And he won’t settle for just any job. He would “favour an employment as an internal auditor for security IT” and must be allowed to travel to Cologne to visit his daughter every weekend.
Here are some word’s from the horses mouth himself:
“I would like to perform a lot and also be paid well,” Klein demands in the letter, which is riddled with broken English.
“However, quite clearly I am ready to put back with the money if for it the work is great fun.”
If it wanted to, Google could probably force Klein to hand over the domains by filing a dispute with the World Intellectual Property Organisation.
I just thought this was kind of amusing. Desperate yes, but quite amusing. Full Story Here.
A Snapshot of this wannabe Google Employee:
