Generally speaking, there’s no hard & fast rule for the timing of Affiliate Program setup. You should consider setting up an Affiliate Program for your business as soon as you are ready for it!
Now the question is; “Am I ready to start my own Affiliate Program?”.
The answer to this question is probably easier as there’s a specific criteria to check your readiness for starting your own Affiliate Program. So the criteria can be as follows:
- You already have an online store and products to sell.
- You have been in products/services business for a while and the core operations are in smooth direction.
- Your business is making enough to pay for the basic expenses, as success of Affiliate Program will take sometime to happen!
If your answer is yes for the above, certainly this is the time you should start developing your Affiliate Program.
Every business wants to increase sales and broaden the reach without spending a lot of money and a well planned and efficiently executed Affiliate Marketing Program is the way to go!
Through Affiliate Marketing you get instant access to third party marketers, who promote your products/services through their own way of advertising, email, and online links and you just need to pay them certain commission on successful sales.
Success of Affiliate Program totally depends on your planning and execution, which we will discuss in upcoming sessions!
I have also listed details for those who want to makeup mind for Affiliate Marketing Business in an earlier article.