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What is Affiliate Marketing?

Affiliate marketing is many things. Affiliate marketing can provide the necessary tools for the creative and hardworking individual to venture out on their own. Affiliate marketing can provide the opportunity to earn money doing what you are good at. Affiliate marketing can allow someone to use their skills and expertise for there own financial gain, rather than the financial gain of another person or entity. Finally, Affiliate marketing can get people started in their own business enterprises with nearly no cost or risk to themselves.

First, Affiliate marketing is perfect for the independent hardworking individual. Many of us are stuck in day to day jobs. We work incredibly hard and receive little reward. There is nearly no incentive to work harder. When you work in the field of affiliate marketing, the world is your oyster. You paid by your performance so the harder you work, generally the better of you’ll be. When you work as an affiliate, you are working as a representative of another company. However, your reward is directly linked with what you produce. If you’re someone who frequently gets good results at work then this could be a great opportunity for you.

Next, Affiliate marketing can provide the opportunity to earn money by doing something that you are good at. Those that have a knack for sales and marketing are perfect for affiliate marketing. Those that are creative and used to hard work can also make an excellent living. Your skills will be used to work for you. If you have a natural knack for these kinds of projects then why not have them increase your bank balance and not someone else’s? As an affiliate, anything that you do to increase sales or traffic if it is internet based will benefit you and you directly. The company won’t get rich while you stay poor. You’re the one who will reap the rewards.

Finally, Affiliate marketing can get someone started in their own business at nearly no cost or risk to themselves. Many of us would love to work for ourselves. The two main reasons why we don’t are money and risk. You need a decent amount of capital to start even a small business. The risk involved is also tremendous with more than half of small businesses failing in the first year. Affiliate marketing can get you started working for yourself. They handle all of the products and advertising and you just concentrate on selling. If yours is an internet based program, you concentrate on increasing traffic. Most of these programs are free or involve very low initial start up costs. You’re paid according to how well you do regardless of how the company is performing.

If you have dreamed of working for yourself then affiliate marketing can be your dream come true. You can make money based on your hard work. You are the one rewarded for your efforts, not a boss or a group of shareholders. You don’t have to worry about financial risk. The head company will take care of all the detail allowing you to use your skills to the best of your ability. If you’re creative, hardworking and want to be your own boss, consider the world of affiliate marketing. Your skills and expertise could be increasing your bank balance, not someone else’s.


Here are some tips to improve your affiliate statistics:

1. The selling should begin before the web site visitor clicks onto the affiliate link. A banner does not necessarily do this, but keywords will perform better. An affiliate should be making a recommendation for the product or service, thus making the web site visitor already interest in making the purchase.

2. This selling is most effective when it comes in the form of a personal recommendation or in editorial format. If it sounds too much like an ad, it might not work so well. If you are promoting printer, for example, the affiliate can include a short editorial comment on the quality of the printer and his/her experience with using the product.

3. Avoid signing up for a large number of affiliate programs in the hopes of "increasing your odds". Choose a few good programs and concentrate your efforts on them.

4. Choose a product or service that you are personally interested in. Don' t sell car parts if you know nothing about them and don't even know how to change the oil in your car. If you are passionate and interested in the product or service, this will shine through. If you are just trying to make money - your visitors will recognize this.

5. If you have a site then choose affiliate programs that closely relate to the theme of your site. If you own a books site, then selling fishing net through an affiliate program may not be your best bet. However, an affiliate program for books suppliers would be much more effective. Know your target audience and what they are interested in purchasing.

6. Include your affiliate program links in your email with a short personal recommendation. If the company is offering a sale or special offer, be sure to include that in your signature line. You never know who might be interested.

Above all, remember your target audience. What are they looking for? Do they appreciate the hard sell or are they looking for some honest advice? Keeping these things in mind will take you a long way to improving your affiliate programs.

A Guide on How to Choose An Affiliate/Associate Program?

What exactly is an Affiliate Program, you may ask.
 
Associate and affiliate programs are turning out to be the fastest growing area of E-commerce. They allow website owners to partner with retailers and offer products and services to their visitors. It's a mutually beneficial relationship that can generate a wide-range audience for the seller and a hassle free income for the associate. The seller processes all orders, handles shipment and provides a commission to the referring website owner or an affiliate. The affiliate or associate promotes the sellers business through banners and text links at their website or through advertising in Ezines, Free Classifieds, etc.
 
Before joining any Program there are a few things that you need to consider.
 
Does the program compliment your Website or your interest? Be sure to select a program that would be of interest to your visitors. If your website is about golf you would select a program that would be of interest to golfers. There are a few programs that appeal to a very large audience that would compliment any site, such as Internet Personals and Internet Auctions.
 
Is the Program Completely Explained? Be sure you know all the terms and conditions before joining.
 
What is the Commission Plan? Is the commission percentage offered and the minimum payout going to be easily achieved? Will you have to wait months before you reach the minimum payout amount to receive a check? Make sure you understand the compensation plan.
 
Do they provide sales material and support? Most programs offer banners and will provide example html and text links. Examples of E-zine ads and Free Classified Ads are becoming more common and are very helpful. Try to make sure the sales material gets updated regularly.

Tips to Promote Your Affiliate Program

  • You must promote your affiliate programs on a daily basis.
  • Personal Endorsements with a text link produce much better results than banners alone. Be sure to use personal endorsements.
  • Advertise your affiliate programs in e-zines and newsletters. They produce the best results.
  • Advertise at Yahoo or Google at least twice a week. Placing ads with Yahoo or Google will generate lots of traffic to your own website and your affiliate sites.
  • Always apply what you have learned about advertising and promotion from online sources such as websites, e-zines and newsletters.

Find Products to sell from these Affiliate networks

Affiliate networks like Clickbank and Commission Junction are one-stop-shops where you can find thousands of products to sell. By gaining access to many products in one place, you only have to sign up once and can consolidate payments from different vendors in one check.

Commission Junction carries a broad spectrum of products throughout different categories. Clickbank, on the other hand, specializes in informational products like ebooks, courses, and software (which generally offer attractive profit margins).

Your first step, therefore, is to sign up with one of these networks and look for products to sell.

And Bring targeted traffic to your site with Google AdWords 

Using Google AdWords you can generate relevant traffic to your affiliate landing pages. In other words, once you sign up with Clickbank or Commission Junction and get your affiliate ID, you can link your Adwords ads directly to the sell pages of the companies you are affiliated with, and you will receive credit for any resulting sales.

 Know more about AdWords

 

To your Success!