We will see Affiliate marketing as the best way to make money online through:
- Definition of affiliate marketing
- Parties involved in affiliate marketing
- How affiliate marketing works
- The different types of affiliate marketing programs
- Why you should work as an affiliate marketer
- Types of products to promote
- Some major affiliate networks
- Some major online merchants with In-house affiliate programs
- Tips on becoming a successful affiliate marketer
- How to promote in affiliate marketing
- Scale up your business
- Outsource tasks
- How you get paid
- Marketing systems for dummies
- Best affiliate training program
What is affiliate marketing?
It is the promotion of other people’s (or company’s) products and earning a commission on the purchase made by each visitor or customer you bring, mainly through your affiliate link.
What are the parties involved in affiliate marketing?
There are four parties involved in affiliate marketing:
i. Merchant
ii. Network
iii. Affiliate
iv. Customer
How Does Affiliate Marketing Work?
i. You take a look at an affiliate network, like it and sign up as an affiliate
ii. You check the platform and a product appeals to you and you sign up to promote it.
iii. You receive a unique affiliate code from the seller as text links, hop links, banners and/or affiliate links, etc. that you copy and place on your website.
iv. When any visitors from the traffic you drive to this link like what they see, they click on the link which redirects them to the product site and if they purchase a product or subscribe to a service you as the referrer get a commission.
What are the different types of Affiliate Programs available to you?
The types of affiliate programs from which you can make money are:
i. Cost-per-action
ii. Pay-per-call
iii. Pay per Click
iv. Pay-per-install.
v. Pay-per-lead *
vi. Pay-per-sale •
* There are two types: in one, you get paid just for sending visitors to the target site, and with the other, you only get paid if the customer actually takes the action wished by the merchant, such as signing up for a service.
• One of the most profitable affiliate marketing techniques and the most common, you get a certain percentage of the sale when the referral you made to the product makes a purchase.
Why should you work as an Affiliate Marketer?
i. Fast growing sector
ii. Earns you good money
iii. Free to join
iv. Cost effective:
- Working on the internet is cheap
- You have no production costs as the product is already developed by the seller
- You don’t need a physical business premise
- You don’t have to hire employees
- You don’t have to commute to work
- You don’t need working clothes
v. Global Marketing
vi. Seller takes care of everything:
a. Storage
b. Packing
c. Shipping
d. Customer support
vii. Passive income
viii. Work from home at your convenience
ix. Profitable for bloggers and webmasters
What Types of Products Should You Promote?
The first rule is to follow your passions.
If you have a strong enthusiasm for affiliate marketing, you can promote affiliate marketing products like:
i. website creation
ii. Web hosting
iii. Webinars
iv. keyword research tools
v. various types of software
vi. online affiliate training course
vii. paid subscription services and
viii. other virtual products
You may try unique niches: instead of exercise equipment for all, you may promote exercise equipment for senior citizens.
Here are some of the Major Affiliate Networks for you to join
Some of the more popular affiliate marketing networks are:
i. ClickBank
ii. LinkShare
iii. Share-A-Sale and
iv. Commission Junction.
And also some Major Online Merchants with In-house Affiliate Programs
Some of the big ones are:
i. Amazon
ii. eBay
Others are:
iii. Canadian Tire
iv. Walmart and
v. Other popular retailers.
How to Become a Successful Affiliate Marketer
i. Conduct Market Research
ii. Choose the Right Merchant
iii. Promote only a Handful of Good Products
iv. You Need Traffic, the More the Better
v. Use Other Product Promotion Strategies
vi. How to Figure out what are Working and What Are Not
vii. Use Other Helpful Tools
viii. Stay Up-To-Date with New Methods and Techniques
Which Methods Can You Use to Promote in Affiliate Marketing?
i. Build a List
ii. Create a Niche Site
iii. Get Freebies for Your Customers
iv. Produce More Quality Content
v. Use Social Media
vi. Write Honest Product Reviews
Scale Up Your Business
i. Post articles on your site
ii. Post reviews on your site
iii. Optimize your site
iv. Scale up your business by building more email lists by doling out freebies
v. Create a social media storm
vi. Build more niche sites
vii. Organize contests, etc.
You don’t have to do Everything Yourself, You Can Outsource Some Tasks
Affiliate marketing enables you to outsource tasks like:
i. Advertising
ii. Content creation
iii. Video creation, etc.
Some of the best places to hire freelancers for asset creation are Elance, oDesk and Freelancer.com. For off-shore outsourcing, check out Onlinejobs.ph and EasyOutsource.com.
How are you paid in Affiliate Marketing?
The popular payment methods for paying affiliates are:
i. Wire transfer
ii. Checks
iii. Money orders
iv. PayPal
N.B.: Many affiliate networks use their own payment tools.
Affiliate marketing systems for dummies
Do you want done for you affiliate marketing system? These are the ones I use:
a. CBPassive Income
b. CBProAds
c. CBSurge
d. CBTopSites
e. CBStarter
f. Affilorama
Best Affiliate Marketing Training Program
All of the things said above can help you succeed in affiliate marketing. But everybody knows the difference between the way a trained and an untrained person work. The same is true of affiliate marketing.
Fortunately an affiliate marketing course exists that has given the best affiliate marketing training or course to 100,000’s of people making money online. Check it here now.
Do you have anything to add to the list or some other comments to make about this post? Then feel free to share your thoughts in the comment box below. Thanks.
Keen on reading the full article? Click here to Why Affiliate Marketing Can Be Your Best Route to Making Money Online
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