Times in the past, you needed thousands of dollars to set up your own affiliate program. But all that has changed now as there are several low-cost solutions for affiliate set up, making it possible for businesses, both small and large, to manage their affiliate programs with ease.
This review covers one of the most cost-effective tools for setting up an affiliate program. And it is a WordPress plugin, meaning that every WordPress site can be used to host affiliate programs.
This review covers the features, guide on setting up your own affiliate program, add-ons, and pricing of AffiliateWP.
Reasons for Creating an Affiliate Program
One of the reasons businesses shy away from affiliate programs is because they do not want to share their revenue.
Well, having 75% of $100,000 is better than having 100% of $10,000. A well-designed affiliate program can produce 10 folds in sales revenue.
AffiliateWP programs allow you to pay marketers only when they bring in sales. It's a sales method that gives you the twin benefits of advertising and sales. Yet you only pay your marketers when their referrals purchase your products.
And to help you effectively manage your affiliate program, AffiliateWP was designed.
I saw the different plans. But I was also interested in the frequency/periodicity of those plans, which I didn't get from the training.
Are the plans monthly, yearly or one-time?
Thank you.