Launching your own product or online service is a fantastic feeling, and a significant milestone to have reached as a blogger or marketer.
After all the research and planning, after the trying phase of product creation, after testing and tweaking and everything else is done, you’re finally ready to launch and start the gruelling work of doing marketing and promotion for your new offering.
Before you think about moving forward, just give yourself a little pat on the back for reaching this far, you darn well deserve it.
OK so one super awesome way to get your new product or service noticed online, is by getting others to talk about it, to write about it, to blog about it and to do all kinds of stuff to help you promote your product or service for you.
Think of all those influential people, all those credible bloggers with huge audiences in your niche, ready, able and willing to try out your new product, and ready to start promoting it to the masses for you.
Did you know that blogs have been rated as one of the most trusted source of online information for consumers today?Blogs have been rated as one of the most trusted source of online information for consumers today.Click To Tweet
So with all that said, what am I talking about exactly here?
I’m talking about creating your own affiliate program, and it doesn’t have to cost you an arm and a leg to get setup.
With an affiliate program you can invite bloggers in your niche industry, to come and check out your latest product or online service, and get them to signup so that they can promote it for you.
It’s a win, win situation. You get your product or online service promoted for free, they get paid a handsome commission each time they refer a successful sale.
But there’s more to benefit from by creating your own affiliate program
By creating your own affiliate program, you are effectively dishing out most of the hard work of doing product marketing and promotion to your affiliates. Those credible bloggers you’ve spent years connecting and nurturing relationships with. They will become your brand ambassadors.
OK, so providing you have an awesome product or service in the first place, think of all that super-targeted traffic you could potentially be driving to your sales pages.
All those targeted leads that could convert into profitable sales for you, and some nice commissions for your affiliates.
So where do you even begin with creating your own affiliate program?
Well, you’re going to need a some reliable affiliate software or plugin to help you get started and organised properly. In this post we’re going to look at 5 of the best affiliate tracking management software / tools to consider using.
Let’s start with Ominstar OSI affiliate software, one of my favourites and one of the most trusted affiliate tracking and management software’s online today.
OSI Affiliate offer some great tools for growing your business with referral marketing, they really do.
Their list of features includes the ability to create an affiliate program for both your online store and offline store, complete with fast and unlimited reward options for your product promoters.
So this tool essentially helps to solve a number of problems straight away. Firstly it’s not all about being online, you can use ‘word of mouth marketing’ to help you get customers to your business, saving you tons of money on useless, ineffective advertising right? Of course!
Other tools include:
- Social share widget.
- Feedback survey tools.
- Contest manager.
- Customisable coupons and discounts.
- Generate reports and performance stats.
- Email templates and more…
Pricing wise there are 3 plans to choose from. The very basic plan will set you back $47.95 per month. There is also a pro plan at $97.95 per month, and a premium plan at $147 per month.
Magnet4Blogging readers can save 20% off all those monthly plans, every single month by clicking here.
Pros and Cons
- Simple to setup and use for both online and offline store.
- Wide range of promotional tools, including email templates, discount codes and coupons.
- Administration management tools.
- Referral partner dashboard.
- Commissions and payout options.
- Around the clock support.
- Quite pricy even for a basic plan which will set you back $38 per month.
Despite the costly monthly fee’s, OSI Affiliate is fun and easy to use with lots of great tools and features for your referral marketing campaigns.
Once again, if you’re a regular reader of Magnet4Blogging, you can save 20% off the monthly plans. Click the button below to get started.
Shareasale has been around for the last 16 years or so. They are one of the most trusted affiliate performance marketing networks online.
If you do any kind of affiliate marketing on your blog, you may well be familiar with this service.
Shareasale currently has over 4,000 merchant programs registered. Their network features include:
- Real-time tracking for banner clicks and sales.
- Segmentation to help you group your affiliates.
- Clickstream reports.
- Merchant API
- Training webinars to help you get set up and more…
Cost wise there isn’t a set monthly fee to weigh you down each and every month with Shareasale. That being said, you can incur something called ‘transactional fees’ and ‘monthly minimum fees’.
The transactional fees is pretty much self explanatory, it occurs when a sale or lead is made.
The monthly minimum fee only happens, if you fail to generate the minimum amount of $25 in total fees to Shareasale from sales and leads.
There is also a one-time network access fee of $550, and minimum deposit amount of $100 required to get started with Shareasale.
Is it worth it?
Shareasale has quite a robust reputation online. It’s a trusted website, and it’s affiliate referral marketing platform is being used by many top companies today, such as StudioPress by Copyblogger.
For more information on Shareasale features, tools and costs. Or to signup, visit the website by clicking the button below.
IDevAffiliate have been providing a robust and powerful affiliate tracking software for the last 15 years.
Their features include a host of powerful marketing tools and options. A host of commissioning options and ability to structure payments for your affiliates, and a host of reporting tools and metrics.
You can also customise all kinds of templates, including sales and email templates.
iDevAffiliate also have built-in fraud protection tools. You can demo the admin center and affiliate control panel to see whether this software is something you’re looking for or not. See images below.
With iDevAffiliate you have the option to take out a monthly cloud subscription, which would set you back $39 per month, so not cheap again. And with this plan IDevAffiliate hosts your affiliate program.
There’s also the option of paying a one-time fee over three different plans. A standard, platinum and black edition.
All of these plans includes a host of awesome features. The Platinum and Black Edition plans includes bundled plugins, unlimited affiliates and commissions and zero transaction fees.
If you want to learn more about iDevAffiliate, click the red button below.
4. Lead Dyno
OK so next up on my list is the Lead Dyno affiliate tracking and marketing software. Lead Dyno is one of the most simplest software to use, with lots of cool and useful features built in.
One of the coolest features with Lead Dyno is that it works with any website. When you signup you get your own affiliate website where you can link your existing website or blog to, and drive new affiliates to signup.
Your website is fully customisable too, so you can tweak it to match your existing website, online brand identity etc.
Lead Dyno integrates with all the major eCommerce platforms including PayPal, Etsy, WordPress, WooCommerce, Shopify, SquareSpace and many more.
If you’re interested in checking Lead Dyno out, there’s a demo available for you to try out, plus a 14-day free trial.
Price wise the plans aren’t the cheapest around by far. A Starter Plan will set you back $49 per month. A Biz Builder Plan will set you back $59 per month. And there’s also an Accelerator Plan which will set you back $79 per month.
There’s also flat monthly fees and 7-day support! Click the red button to learn more.
OK so the last option that I have on my list for you is a WordPress plugin called Affiliate WP.
Affiliate WP is one of the most popular affiliate plugin’s for WordPress. Being a plugin, everything is manageable inside your WP dashboard, from your affiliate’s performance, referrals and payments, to real-time reporting.
Affiliate WP offers complete integration with 27 eCommerce systems, including WooCommerce, Contact Form 7 and Zippy Courses.
Affiliate WP is probably the most affordable solution out of all of these options. They offer 4 plans: Ultimate, Professional, Plus and Personal plan. A Professional Plan for example, even at $199 per year only works out at $16.60 per month.
This plan provides you with email support, unlimited sites, 10 pro add-ons and 14-official free add-ons. Everything you need to get started with affiliate management.
Being a plugin, each licensed plan lasts for 12 months. You’ll have to renew your plan each year if you want to keep up with the latest plugin updates and support. However you’ll be pleased to know that you get a 40% discount when you renew your plan each year.
Well there you have peeps, 5 of the best affiliate tracking management software and plugins for you to scratch your head over, and hopefully choose from.
What ever the case, if you’re thinking about creating an affiliate program, you can’t and won’t do this successfully without one of these tools. That much can be said.
There are many others that I haven’t mentioned here. In fact here’s a quick list of some others you might want to research on:
I’ll leave you to decide which will be best for you. Don’t forget if you’re interested in using the OmniStar affiliate platform, as a reader of Magnet4Blogging you get 20% off all monthly plan! Something worth thinking about.
Enjoy and have a great rest of the week!