Technology

Benefits of affiliate monitor

Affiliate is a commission-based marketing where the business offer either a discount or an item at no cost and as a result, they get commissions from the sale. It is really beneficial for bloggers, small business owners and most of big companies. Affiliate monitor is a tool that helps you to track affiliate sign up and payment in real time, it offer easy API integration with your favorite software. It have many benefits, they includes;

  1. It helps you to keep a close watch of your affiliate activity.

This application have a push notification service that alert you whenever a new affiliate sign up or payment is made. You can see who the affiliate is, how many times he/she has registered at your site and what happens most of the times to get commission.

  1. It shows you all the details of your affiliate activity and gives you the ability to edit it easily.

This application enables you to customize your affiliate activity data by creating new folders and create custom fields such as commission, number of affiliates, what kind of product they are selling and their success rate. You can also add notes for each entry which allows you to quickly look up any information about a particular partner when needed.

  1. It makes it easy to manage your affiliate activity through multiple accounts.

This application allows you to link any number of affiliate accounts with the help of which you can easily manage all your affiliate activity from a single platform. It supports myaffiliate, Commission Junction and Link Share.

  1. It tier structure is flexible and allows a business or blogger to charge different rates of commission depending on the nature of their business (B2C vs B2B) or price variation in a certain product category.

This application has a range of Tier structures, which you can choose based on the nature of your business and your affiliate partners. For example, you may charge a small fee for every product that is sold by the affiliate. Or you may charge an elaborate sum to people who obviously purchase expensive items (like cars and convertible sport-utility vehicles) or those who are willing to pay higher commissions. This in turn will help to improve your affiliate base income as well as make more sales.

  1. It shall bring benefits in terms of performance measure, marketing information and lead generation.

This application offer a tracking data like number of successful sales, total sale value, average commission rate etc. By using this information, you can efficiently run your business and work on the areas that need improvement. You can see the statistics by clicking “View”. You will view data related to total sales, total commissions, total affiliate payout and ranking across all the affiliates.

  1. Affiliate monitor allows you to export your affiliate activity into a CSV file for easy management and analysis of your statistics.

This application gives you the option to export any data from within your affiliate monitor account into a CSV file for business strategy development or analysis purposes. The exported file will be in Excel format, which is used as standard by most businesses these days.

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