Affiliate marketing is a great way to boost your business if you offer courses online. In today’s LMScast Chris Badgett tells how to grow your online course business with affiliate marketing.
If you’re not familiar with it, affiliate marketing is a system that allows other entities to earn a commission by funneling paying customers your way. An affiliate receives a unique link that identifies them. It feeds into a tracking system so that customers who visit your site via that link and pay for your product generate a reward for that affiliate.
Incentivizing others to do marketing for you expands the reach of your marketing and increases your income. They share their link through a variety of channels including email, social media and blog comments. Your result is an average revenue increase of 15% to 40% depending on your model.
Our LifterLMS course development platform integrates with two affiliate management systems: AffiliateWP and iDevAffiliate. AffiliateWPis a plugin that resides …