Businesses are always on the lookout for ways to grow their sales and generate more leads. One popular method is through an affiliate program, which partners with collaborators who go out and bring in the customers.
At Siren, we bring you an affiliate management platform that allow you to quickly build incentives programs, and to manage them.
Summary of Siren
So, wondering just what is Siren? It is an online incentive program builder that businesses can use to manage all of their affiliate and rewards programs in one place.
What is an Affiliate Program?
An affiliate program is a performance-based incentive that businesses use to generate leads or sales. As a part of this program, the ‘affiliate’ or collaborator brings customers to the business in exchange for a reward, which can be a portion of the earnings from the customers’ purchase.
Now that you know what an affiliate program is, you may be wondering just how to build and run such a system. That’s where an incentive program builder like Siren comes in.
More than an Affiliate Program Manager…
At Siren, we provide the platform for businesses and creators to make their own affiliate programs, to monitor commission earnings as they come in, and to manage approvals and disbursements of commissions to affiliates.
But here’s the best part this affiliate management platform can do so much more. It can provide royalty payments to authors for book sales, incentive payments to course creators for enrollments, and a part of monthly subscription sales to partners and affiliates too.
Quick Summary of Siren’s Features
There are so many features of Siren’s affiliate management platform for businesses to take advantage of:
- Set Up Incentive Programs
- Set Up Program Registration Forms
- Create Coupon Codes for Collaborators
- Use Metrics Tracking on Programs
- Offer Rewards to Site Visitors
- Different Options for Choosing Which Collaborators Get Paid
- Different Options for Calculating Collaborator Payments
- Set Up One-Time Bonus Payments
Potential Siren Program Types & How You Can Use Them
As an incentive program builder, Siren allows businesses to fully manage all of their rewards and commissions programs. You’ll be able to set up and run a variety of programs at the same time and for many multiples of collaborators. Some potential program types your business may need include:
Affiliate Programs
Set up your affiliate programs, determine what program structure you want to use, and figure out your incentive structure for payments. With affiliate programs it’s easy to cut down on collaborator program abuse and administrative time spent on your part.
Customer Loyalty Programs
Set up forms for customer referrals and pay out store credit and discount codes in return. Create sign up forms for newsletters and blogs, with a small coupon code as a reward. There are many ways you can reward customers for continuing to use your business.
Sales Programs
Encourage your staff to achieve peak performance with a commission-based sales program. Give each employee a special code they can use when helping customers complete a high-ticket sale for a portion of the profits.
Royalty Programs
Use Siren to easily track book, digital products, and course sales when accounting for royalties. Pay course creators and authors directly every time a product they’ve created sells on your website. You can tie a single creator to multiple products they’ve added to your site. Or, you can also tie multiple creators to a joint project and give each a portion of the sales.
How Siren Solves the Challenges of Running an Affiliate Program
Traditionally, affiliate programs are challenging for businesses to successfully run. Programs can become bloated with too many collaborators who also sign on too quickly. Plus, only a small portion of these collaborators will realistically bring in sales for the business.
There’s also the administrative costs and time involved in running multiple incentive programs. All with dozens or hundreds of affiliates and programs members who require commission reports, tax forms, and metrics tracking.
Siren takes a lot of the hassle out of the experience of affiliate program management with our incentive program builder. Our partner-first approach offers you:
- Well-Organized User Interface
- Broad-in-Scope Incentive Solutions
- Accurate in Metrics Tracking
- Easy-to-Use Builder
Capturing more sales and leads is possible with an affiliate management platform. It just takes the right platform for your needs, or an adaptable and comprehensive platform that covers it all. Siren is the solution. It provides a way for businesses to easily set up, maintain, and monitor their incentive programs.