There are many benefits to gain by promoting yourself to an affiliate manager position. If you’re already an affiliate marketer, you already know what tasks to do in order to make affiliate sales. The problem here is that you only have so much time every day to do those tasks. As an affiliate manager, you can leverage your efforts by helping recruit, support, and assist a whole army of affiliates to do those tasks for you. That means less work as an affiliate manager, and more profits leveraged from all the affiliates you manage.
If you have a product or service of your own, you can start your own affiliate program and promote yourself to affiliate manager. Now you may be thinking That sounds good, but I don’t have a product or service of my own”. Well, even if you don’t have your own product or service, you can still become an affiliate manager, because many online businesses are now realizing how much more they can earn from their affiliate programs when they hire a qualified affiliate manager to run it for them. Some marketers are paying their affiliate managers as much as $3000-$5000 per month, plus a percentage between 2.5%-25% of gross affiliate sales they generate.
The other option you have is to find someone with a product or service that doesn’t have an affiliate program setup, and do a joint venture with them, where you build them an affiliate program, and become their affiliate manager. You can then negotiate some terms of how you get paid; whether you want a set monthly salary, a percentage of all affiliate sales, or a bit of both.
If you already have a product or service and you don’t have an affiliate program in place for it, then what are you waiting for? Start up an affiliate program as soon as you can, become your own affiliate manager, or hire someone else who is qualified to manage your affiliate program. Warning: Your profits may go through the roof, so be prepared to handle a lot of sales.
As an affiliate manager, there are a lot of things you need to know in order to maximize your affiliate programs effectiveness. It is important to know where to find and recruit super affiliates (These are affiliates that will make the majority of your sales). Also, how to motivate and encourage affiliates to sell more, and how to create and offer marketing/sales tools to your affiliates to make their job easier, and allow them to make more sales.
You may need some extra training, if you want to become a qualified affiliate manager. Getting the proper training will allow you to increase your effectiveness and truly leverage your success to new heights. Luckily, there are many places to find training materials (such as e-books, reports, & software) online for free, as well as the higher priced more comprehensive courses created to produce professional affiliate managers. Some courses even have affiliate manager placement programs, so that after you complete their certification requirements, they will help place you in a high paying affiliate manager position immediately. This kind of course doesn’t usually come cheap and is only for serious affiliate managers that want to make between $9,000-$25,000 per month, or $108,000-$300,000 per year. That kind of income would come from managing 3-5 affiliate programs at a time. If you’re managing your own affiliate program, you could potentially make even more. Although none of these earning figures are guaranteed, and it all depends on the affiliate manager placements you’d receive as well as the efforts you put forth as a successful and dedicated affiliate manager.