Why Use Both Affiliate Tracking and Affiliate Network Software
An affiliate network
is a mutually beneficial business partnership between the merchants and the
website publishers or simply it is a middleman between merchants and
affiliates. In the mid-90s there were only a handful of affiliates but there is
hundreds of affiliate today. With the increasing demand of affiliate the Affiliate Network Software is gaining
popularity nowadays. The affiliate network helps the merchants in finding
offers. As soon as the customer makes a purchase of the merchant’s good and
services, the merchant shares the part of his profit with the affiliates.
Affiliate tracking, on
the other hand, is the process of managing and tracking of marketing
activities. It is basically used by the merchants that owned affiliate network
to track and manage the affiliates and to watch the performance of each
affiliate and the network. The affiliate tracking software track and acquire
the knowledge of the portion of the network that receives the maximum visitors,
conversions, traffic or clicks. It also helps in analyzing that whether the
marketing campaign is working or not.
An affiliate manager,
however, considers both the software to be similar and do not find any benefit
from using both the software. However, both the solutions have their own
advantages and benefits to the affiliate manager in their own unique way.
Benefits
of Affiliate Tracking Software:
Product
Promotion: For using affiliate tracking software,
you just need to feed the affiliates in the program. After that, the software
will work itself and provides you more contact information like email address,
phone number, postal address. Thus it helps in maximizing your business.
In-Depth
Reporting: Affiliate software not only works for you but also
keep an eye on the activities of your affiliates. With the use of an advanced
algorithm, it provides you with detailed information about the registered sales
that affiliates have made.
Manage
account: Tracking software makes it easy for you to use
maximum affiliates for the promotion of your product and services. The software
keeps tracks of all the income, expenses, sales and promotion made. Thus, with
the use of the software, you can save your time and effort and can focus on
other factors essential for the growth of the business.
Prevents
you from the manual calculation: Most of the visitors
that visit your website however not end up making purchases, but may subscribe
for your free services like a newsletter, blogs etc. The tracking software will
generate the details of the payment and prevent you from calculating the
expenses manually.
Benefits
of Affiliate Network Software:
Affiliate
network software provides is advantageous in the
following ways:
Cost-effective:
Since in affiliate marketing you pay a commission or share of your profit with
the affiliate only when desirable conversions are made. Thus, you are saving
your dollars from publishing any ad that does not have any proven value. Also,
recruiting an affiliate prevents you from paying any overhead cost utilized in
doing a marketing campaign.
Trust:
Affiliate partners trust networks more. Through the network, they get to know
about your company and come across your programs. Rest they are sure that they
will get their payments.
Better
marketing efforts: Nowadays almost every business uses
affiliates partner to increase the marketing of the product. The partnership of
the merchant with the affiliates provides an opportunity for the expansion of the
product in the market where you have the least chance of exploring the
bandwidth, thus gives you much stronger online presence.
Saves
time: Affiliate network makes payment to the affiliates
on the monthly basis and prevents you from paying commission to the individual
affiliate. Thus, it saves your time and efforts.
Prevent
from fraud: The most important benefit of using Affiliate Network Software is that it
helps in detecting fraud action and prevent from any kind of racket attempts.
There are many more
benefits of using this software, so it is better to use both the software to
increase your marketing skills. Along with that, it is also necessary to use
the purchase of this software from the reputable companies to get the best
value for your money.
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