Business

  • Create Your Affiliate Program with MemberVault’s Affiliate Features!

    I’m so excited to be writing this blog post today specifically for my MemberVault friends!

    If you’re not familiar with MemberVault (<– that’s my affiliate link!), the quick and dirty is that MemberVault is my favorite platform to recommend to online course creators and digital product creators because it allows you to put all of your offers, from free challenges to paid 1:1 services, in one place.

    My affiliate program loving heart also loves that they offer basic affiliate tracking… even with their free version! #amazing 

    Today, this blog post is for people who are already using MemberVault for their content, and want to use MV’s affiliate features to grow their list and get more eyes on their MV products by adding an affiliate program to their business.

    Overview of MemberVault’s Affiliate Features

    Let’s start with a quick overview of MV’s features.  

    When you are logged in as an admin inside your MemberVault account, you’ll see the affiliate part of MV on the left hand menu bar underneath ‘Users’.

    If you click on Settings, it’ll bring you to a list of your Products. Below you can see that I have one product that I have the affiliate features activated for, which is my Create Your Affiliate Program Template Bundle. 

    To enable affiliate tracking for one of your products, you will want to click on “Edit” on the right on the product in your Affiliate Settings section.

    It will then bring you to a screen that looks like this:

    From there, you want to update your affiliate settings.

    Updating Your Affiliate Settings

    Status:  Active or Inactive

    Change this to active so that affiliates will can promote your product. (Leave as Inactive if you don’t want to allow affiliates to promote this product or freebie).

    Payout type: Percentage or Fixed Amount

    In this field you’ll select if you want to pay a percentage or a fixed dollar amount.

    Payout Amount

    This is where you’ll choose either the percentage or the dollar amount you will pay you raffiliates per each sale that is made through their unique affiliate link. Typically, affiliate commissions range from 20%-50% for digital products and courses.  It’s totally up to you to decide what you want to pay your affiliates

    Currency

    This is the currency you will use to payout your affiliates with.

    Description

    This is a great area for sharing any important information or resources with your affiliates.  You can post swipe copy, images, important launch dates, etc. to share with your affiliates.

    Creating Your Affiliate Center in MemberVault

    What I love about MV’s affiliate set up is that you can create a super simple “affiliate center” under the description section.  (Side note: While I normally love and highly recommend LeadDyno for creating a beautiful affiliate center, since you’re already using MV, don’t buy a second unnecessary tool – MV’s description section makes for a great place for your affiliates to get all of the info they need quickly!)

    I know it can be easy to get bogged down with all the tech pieces you need in place, but the important thing when creating an affiliate program is to make sure your affiliates are well supported by making sure you give them everything they need to affiliate for you, in an easy to find place.  

    So here’s what I suggest you include in the Description section of your affiliate settings:

    Welcome Note

    • Post just a simple sentence or two thanking your affiliates for helping you to spread the word and also letting them know how excited you are to have their support!

    Important Affiliate Guidelines

    • Be sure to share any important guidelines with them, such as how much commission they’ll receive, when you’ll do your affiliate payouts [I recommend monthly], how to contact you, etc.
    • You’ll also want to share important launch information such as dates of your next launch and promo periods.

    Images to use when promoting

    • MV allows you to embed both videos and images in the description section, so be sure to provide your affiliates with any graphics they’ll need for promoting your products.

    Social Media Copy and Newsletter Copy

    • Make it easy peasy for your affiliates to spread the word by giving them exactly what they need to do so! In this section, you can upload the swipe copy they can use to promote your products [you can copy/paste the swipe copy or link to a Google Drive folder that has all the info].

    Here’s a quick glance at simple but nice looking the description section can look:

    Remember: Keep it simple so your affiliates don’t get overwhelmed, but do give your affiliates everything they need all in one place!

    Giving Your Affiliates Access to the Affiliate Center

    Once you’ve changed the affiliate settings to ‘Active’ on at least 1 of your products, your users will be able to see the Affiliate settings inside of your course site when they are logged in.  Here’s what it looks like for my users:

    Wondering where to see the affiliate description details from above?  You have to click the “(more info)” hyperlink next to the product name. 

    Full disclosure: I don’t love how small that is inside of MV and it’s not super intuitive to click, in my opinion. So I do recommend letting your affiliates know in an email that that link is what they click to find all of the details.

    In this Affiliate Center section, your affiliates will also be able to see any payouts they are owed or have been paid. I won’t go into this inside this blog post, but Mike and Erin have a great explanation about affiliate payouts here [scroll to the bottom].

    I also want to share this note from the MV team here that I feel is important to read before implementing your affiliate program through MV:

    Most of us using MV can benefit from their ‘basic’ affiliate tracking features so don’t let the fact that it is basic deter you from wanting to use it.  Fancy is not always best!

    Additional Resource for You

    If this blog post has you ready to implement an affiliate program for your MemberVault products… YAY! It definitely does not have to be hard to get it all set up, especially since MV makes it so simple with their affiliate features!

    Once you have the tech pieces set up through your MV and your affiliate center is completed, you’ll want to start reaching out to your affiliates…

    I’d love to support you by offering you 50% off my Affiliate Program Template Bundle which makes it easy as pie to do this.

    This Template Bundle includes the only templates you need to implement in order to have a successful and profitable affiliate program and if you use them, they’ll make you and your affiliates feel supported and part of a total win-win collaboration (one where you’re both making impact and money!)

    You can check out the full details for the Template Bundle hereuse coupon code ILOVEMV to purchase them now for just $47.

    If you have any additional questions about MemberVault or want to talk about their affiliate tracking features, drop me a comment – I’d love to hear from you!

    PS: Please note this post contains affiliate links; I may receive a commission if you purchase through my affiliate links, but know that I only recommend products I use and love!