Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Types of Compensation and other Affiliate Marketing topics.
If you want to start an affiliate program but have very slim margins, you may want to consider a point loyalty program or other reward program to recruit affiliates. For example, offering coupons for referrals or discounts or free products can create a small affiliate network for your company if you feel you are not ready to share in commission. Some companies offer discounts to those who bring in new clients which helps you not have to share margins but does rewards people who buy a lot of your product and are willing to help you spread the word.