Internet Business Edge No. 9 – Affiliate Marketing
Welcome!
In this issue, we will talk about how you can easily make money online without creating a product or even have your own website. It is known as affiliate marketing and one of the easiest ways of launching into online business and earning more profits without all the expenses and stress that goes with creating a product ? you make money on referrals.
Many people wants to make add^itional income working part-time while others want to see if they can even survive as an internet marketer ? affiliate marketing is the best way to start. It is also another way of testing the marketing relating to a particular product or service to see if you have enough people interested before you produce you own ? if you want to go that route.
What is Affiliate Marketing?
An affiliate is someone who sells product or services produced by other people and get compensated by money. The business rewards affiliates for each visitors or customers brought about by the affiliate?s marketing efforts. Such effort may include organic or paid search engine optimization, paid advertisements, e-mail marketing, display advertising, word of mouth and other less orthodox advertisement techniques like publishing reviews of products or services in form of article or blogging.
Depending on the level of experience and expertise of the affiliate, the method of generating traffic to partner?s site can get creative and diverse ? they all aim at one goal and one goal only? to get more sales? which means more money in their pocket!
The ideal world of affiliate marketing does not require having your own website, dealing with customers, refunds, product development, product fulfillment and maintenance.
Most established internet marketers participate in affiliate program and also make money as an affiliate marketer (joint venture partners (JV) or super affiliates) and help promote the product of other markers.
What Makes a Good Affiliate Program
- The product or service and how widely acceptable or needed is one major thing in choosing a program, if the product focus on very small niche audience and you have lots of people promoting it, your chances of getting your own cut may be very slim; but if the product target audience cut across major niche area you can customize the promotional aspect of it to suit the need of your niche area and have more prospects.
- The more tools, techniques and trainings the program has in place for you to promote their product the better because it will help you to get started quickly and tap into the market before it gets too saturated.
- Communication is extremely important to prove that the affiliate program is working effectively and efficiently, you need to know that the program provide means of communication in case you or your referrals need to contact them. In addition to phone and/or e-mail, an FAQ page with quick answer to most frequently asked question will help to solve most pressing issues.
So Many Affiliate Programs! Which One Do I Choose?
Ask questions first before you join an affiliate program. Do a little research about the choices of program that you intend to join and at least learn a little bit about the people setting it up as well as their credibility and experience. Get some answers because they will be the deciding point of what you will be achieving later on.
Will it cost you anything to join? Most affiliate programs being offered today are absolutely free of charge. So why settle for those that charge you some dollars before joining. Free program would be my recommendation and their compensation plan should be on your high priority list as well ? the higher they pay, the more money you get in your pocket to compensate for your effort.
If you?re able to find the program that not just pay for your effort, but also pay some percentage for the effort of those people you refer, then you will continue to enjoy your residual income on your one time effort ? 2nd tier commission level is rare and most third-party payment processing vendors does not allow or encourage it. But as an affiliate, this is what you want so that you can make the most out of your effort.
Digital products like e-book, teleseminal and DVD pay between 20% ? 50% commission while hard goods pay between 3% – 15% because of the overhead cost like cost of good sold, inventory, fulfillments etc.
How Can I Become an Affiliate Marketer?
Becoming an affiliate marketer is not difficult. You need to have an account with an affiliate network, such as ClickBank, Google AdSense, Amazon, Commission Junction, or individual publishers. You can also visit your favorite search engine and type affiliate program plus (plus sign) your desired percentage to see what comes out and read their information.
If you are looking to make money on your effort and the effort of your referrals, my latest digital product ?How-To Get Organic Traffic? gives you the opportunity to do just that. The program pays 50% on your effort and 10% on the effort of your referrals. The e-book cut across all online marketing niches because it is about generating traffic to website the organic way and you as an affiliate can discover tremendous tips techniques and other ways to increase your affiliate checks. The program pay commission on the first of every month and it is automatically deposited to your PayPal account.
To know more about the product please visit Get Organic Traffic blog post.
If you’ve been around for sometime and read my previous newsletters plus other articles on my free resource website, you’ll know that I provide value and tell the truth about internet marketing tips, tricks and techniques. I hope this gives you enough prove to trust my knowledge and expertise.
Remember, you don’t have to have your own product or a website to work as an affiliate and you don’t need to have your own product or have a website of your own to make use of how-to get organic traffic e-book as well. This is your perfect opportunity to explore and test the market.
If you would like to know more about how to generate traffic the organic way in a step-by-step approach, read our blog post on Organic Traffic.
If you find this topic useful, do your friend a favor by forwarding it and encourage them to subscribe to our newsletter where they can learn the best home based business ideas, tips and techniques.
I will send you another newsletter next month.
To your success and happiness,
Abby Lawal
P.S. Traffic building is the backbone of your website; traffic is the fuel that makes your site engine run. You need to generate targeted traffic to your website to attain your goals.
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