We already know that it’s possible to make money as an affiliate by promoting other companies products or making your own; however, another solution is to make money by creating your own affiliate program. If you run your own affiliate network you’ll become the middle man and you’ll earn money based on the difference between what advertisers will pay you for leads and what you can pay affiliates for those leads.
One of the biggest hurdles you’ll face to this approach is acquiring affiliates and advertisers. So what I suggest is that if you decide to build your own affiliate network you should try doing so by selling one of your own products (or multiple products) through the affiliate network. This way you’ll be able to focus on acquiring affiliates to help sell your products while you can work on bringing on more advertisers. The advertisers will be attracted to the number of affiliates you have and the revenue that they can push, otherwise why would they work with a company has no affiliates?
If you have settled on the idea of running your own affiliate network you’ll need software that can run everything. One of the best companies I can recommend that provides the back end necessary for running your own affiliate network is Has Offers. They offer a custom system that runs even better than many other affiliate networks. There is full support for sub id’s, tracking codes and anything else you’d expect from a traditional affiliate marketing network. I actually have a friend that works there as well.
Just remember that running your own affiliate network is a lot of work and you will have better odds of success if you already have experience as an affiliate promoting projects or experience as an affiliate manager.
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