Did you know that 81% of brands and retailers offer affiliate programs and it is responsible for 16% of e-commerce sales according to influencer marketing agency MediaKix.
The affiliate marketing industry is only to grow in upcoming years to come.
Did you know that affiliate marketing is one of the most popular digital marketing methods?
In order to get exposure to your business in the online market, you need to utilize affiliate marketing strategy to be competitive and earn revenue that would be possible without offering affiliate programs.
If you want to take advantage of this popular marketing strategy, then affiliate tracking software is a must-have.
Affiliate tracking software makes it ridiculously easy to keep track of both your affiliate sales and commissions.
Finding the best affiliate tracking software solution can be a daunting task with the sheer volume of software solutions available.
In this post, I’ll also show you the pros and cons of all solutions so you can compare them, weigh the options, and choose the one that’s best for you.
Best Affiliate Tracking Software at a Glance
Affiliate marketing is a highly effective strategy for driving traffic and increasing sales for your company. And with this industry growing at an average annual rate of 18 percent over the past decade, there’s no denying that affiliate marketing will continue to play a significant role in the success of your company in the foreseeable future.
With that said, selecting the most appropriate affiliate tracking software can put you on the path to taking your business to the next level.
In order to make money with affiliate marketing, it is critical to find the right tracking software for your needs. All affiliate tracking software is not created equal, and finding the right solution for your needs is essential if you want to succeed.
Don’t be afraid to experiment with a variety of options, but don’t jump into anything too quickly. Make several different systems and see which one feels like a good fit for your needs and preferences.
In the end, it will almost certainly come down to personal preference, but once you find an option that works well for you, it can make a significant difference in the success of your affiliate marketing efforts.
After thoroughly researching the various affiliate programs available, I decided on PostAffiliatePro as my final choice. Everything was so simple to set up and get started with that I couldn’t think of a better solution for your company’s requirements.
What does affiliate software do?
Affiliate tracking software is a way of keeping track of the activity that your affiliates are doing so you can pay them for the sales they drive. It does this by adding additional affiliate-tracking code to your site and then logging any sales that are made.
As affiliate marketing has become more popular over the years, many companies have started making software that is easy to set up and use.
When you’re a marketer, you have to think about what kind of software you need to make money. It’s important for you to find a solution that works best for you and your business, not one that everyone else uses.
In any case, I hope this article has given you some ideas about what’s out there. You just have to try out all of the different options until you find the right one.
How do you create an affiliate program?
If you want to set up an affiliate program, there are a few ways to do it. The easiest way is to use an existing affiliate network like ShareSale, CJ, Rakuten Linkshare and more. When you sign up for these networks, you get pre-made templates and tools that make setting up an affiliate program quick and easy.
If you want more control over the program, or if you want to make a unique affiliate program for your business, you can make your own program with software like Postaffiliatepro or Affise.
In these programs, you have more control over how you pay out commissions, track your affiliates, and manage them. But they also take more time to set up and keep up.
Make sure you think about the details of your program before you start it, no matter what.
Why is it so important to use affiliate tracking software?
In order to be effective, affiliate tracking software must address a variety of issues. Keep track of your affiliate marketing programs, as well as the sales and conversions that result from such campaigns, with this tool.
With this information, you may make adjustments to your campaigns in order to increase your chances of achieving positive results.
Affiliate marketing can be a lucrative source of income, but only if you are able to keep track of your earnings. Affiliate tracking software makes it simple to accomplish this goal.
Consequently, if you want to make money through affiliate marketing, make sure you use software to keep track of all of your affiliate connections. It’s a lot simpler and more successful to: As a result, the process will be far easier and more successful.
Is there any open-source affiliate tracking software?
It is true that there are some affiliate software that is free to use. Volusion is the one I can think of right now. It has some features and tutorials to help you get going.
Using an open-source affiliate tool can be bad for your business because it can give you the wrong data and sales information, which can hurt your business.
It is very important to use software that is always being updated and have support options available when something goes wrong.
What to look for in affiliate tracking software?
When it comes to selecting affiliate tracking software, there are a few features that must be considered in order to successfully run your affiliate program. The following characteristics should be present in a good software package:
- A user- friendly interface
- The ability to set commission rates and payout thresholds
- The ability to create custom tracking codes (Custom domains)
- Longer data retention time so you can create report to see the progress
What are the benefits of using affiliate software?
There are various ways businesses can benefit from just having affiliate software to run the affiliate program.
First of all, the cost of managing the program is much lower compared to signing up for third party affiliate platforms such as Commission Junction, Clickbank, Shareasale and many others.
It can help businesses track clicks, sales, and commissions generated by affiliate links.
It can also help businesses identify which affiliates are producing the most sales and revenue. Additionally, software can automate commission payments to affiliates.