Affiliate
Programs
If you are relatively new to the world
of internet marketing then affiliate programs are a good place
to start. Affiliate marketing is simply where you promote other
people's products, and in exchange you earn a certain
percentage or set fee for every sale that you make. This can be
as high as 75% in some instances.
They are very easy to get started with. You
don't even need a web site in some cases, although I do
recommend that you do if you want to make some serious
money.
To find a suitable affiliate program
you could simply go to any major retail site on the net. Most
will have their own affiliates section or partner programs.
Alternatively you could visit an affiliate network who will
give a whole directory of potential programs you can join
together with their respective payout rates. There are many of
these networks all over the net, but by far the most
popular are Clickbank and Commission Junction.
As regards how it actually works, basically
when you sign up to a company as an affiliate they will give
you a special URL with your affiliate ID embedded in it.
For example, company-you're-promoting.com/youraffiliateID. This
will allow them to track the sales that they make and to know
which affiliate to credit for the sale.
In addition in some cases they will give you
all kinds of marketing tools, such as banners, text links,
special promotions, etc, all with your unique affiliate URL
embedded in them. You could use these on your own
site, or if you don't yet have your own website you
could use them in email campaigns, traffic exchanges,
free ads, or any other promotional campaign.
I should point out that while it's tempting
to simply pick affiliate programs with the highest payouts, you
should pick products that are likely to get most sales from
your site visitors or potential prospects. For example,
given a choice between promoting a product where I can receive
a $300 commission per sale, but it is not at all targeted
towards my target audience, and a highly targeted and relevant
product offering $30 per sale, I would choose the latter every
time.
Also, if you're planning on setting up your
own website think about how you're going to get traffic to
that site, and how much competition you're likely to face. For
example, if you're planning on setting up a mortgage website
and promoting mortgage companies that pay per lead then you're
going to be competing in an already over-saturated market, and
your chances of getting lots of traffic in this area are
very slim.
To conclude this section on affiliate
marketing I just want to leave you with three excellent
affiliate marketing ebooks that I have bought myself:
Affiliate Project X - This is probably the
best guide to affiliate marketing on the internet. It's less
general than other informational guides, being strongly
focused towards promoting Clickbank products, but
nevertheless shows you the exact methods that the author
uses himself to make thousands of dollars every month
from affiliate marketing. I've since used some of the
methods myself, and have seen my own affiliate commissions
increase dramatically as a result, so I can assure you that
these methods actually work.
Secret Affiliate Weapon - This is a
terrific package by the renowned super-affiliate Ewen Chia.
Packed to the rafters with useful tips on how you too can
become a super-affiliate. Just getting access to his secret
blog alone is worth the ridiculously low price of $9.97 but
you get so much more besides, including the chance to
rebrand his free viral reports and videos with your own
affiliate links, and give them away, earning you cash in the
process.
Super Affiliate Handbook - This ebook
focuses entirely on affiliate marketing and offers some
invaluable advice on how you can make it pay. The advice
offered comes from Rosalind Gardner, a highly successful and
renowned affiliate marketer, so you know you are getting the
very best advice.
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