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What about the large group of smaller affiliate networks. It seems there should be a "sweet spot" where increased efforts result in increased sales from an affiliate program. Any experience with this or thoughts?
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Promoting yourself as a merchant through several affiliate networks will expand your reach to new publishers. Keep in mind though that some publishers belong to several networks and that you are likely to see some overlap of affiliates who are already your publishers within CJ. In other words, you will probably see an overall increase in sales, but a decline in the incremental rate of return.
Extra effort is probably more rewarding by improving your current program. Consider starting a newsletter with sales tips, offer fresh sales promotions or run sales contests to help your current publishers boost productivity.
One high profile site that operates 2 different affiliate programs is eBay US. They have a program with CJ and another with BeFree.
Ted
CJ has combined payments so that attracts lots of smaller publishers. I think joining CJ and Linkshare, and befree is probably not a good idea for many merchants as linkshare and befree do not combine payments for publishers. So only those who can generate your minimum payout with your program itself would find any benefit to signing up for it at Befree or Linkshare. When CJ combines payments there is no point in runnning an offer through the other large networks as most who are members of befree or linkshare are members of CJ too.
What might gain some more useful affiliates is to start your own affiliate program, if you do a great one with good tracking etc. Maybe a subaffiliate program too.