Affiliate marketing is a very appealing way of trying to make money at home. The need to create products yourself has been eliminated, and you really don’t have to create a sales page. The only big thing that you really have to do is find ways to promote a product or service and then watch the sales roll in. This leads to all kinds of stories that we hear about affiliates making huge sums of money. The thing that all of those people understand and what the others don’t is that there are certain affiliate marketing mistakes that they will make. If you can get around these mistakes, your profits will be much higher.
This is an affiliate marketing mistake that new marketers make all of the time. When they start and figure out that they don’t actually have to create any products to sell, they get overly eager and try to promote ten or fifteen different products. Think of the energy that you are going to have to expend into marketing 15 products, and then think of how much better your efforts can be utilized if you put all of that energy into just two or three products.
When you first start out this is the path that you should be taking. Pick two or possibly three affiliate products that looks like it has great potential and then start promoting them! You can use all of your time and efforts to do your best promoting just those few products and you will see some great returns.
Many people fail because of this affiliate marketing mistake. They just aren’t sure how to correctly market affiliate products so as to earn money from home. It’s like any thing else that you are new at you’re not going to know what you are doing at the first but you have to learn. That’s one of the biggest problems, many people will never take the time to learn how successful marketers do it so well. They will just continue to use their own methods and never get out of their comfort zone.
Marketing is all about taking the methods that have worked for others and not trying to reinvent the wheel. Now I’m not saying that you might not have an idea that can improve on one method but for the most part these are tried and true methods. Get as much success as you can out of one method of promotion and then see if you can make it better. If you don’t improve on the methods of others, at least take the time to learn what works for them and then use those methods so you can have some success yourself.
There are some methods of promoting affiliate products that do not work and never will. For instance, some people find that they can get their marketing message out to a lot of people if they stuff their websites full of banners for their affiliate products and then just try to send people to that page. You need to have content within your pages so as to have a balance on your pages. Text sells better than most banners.
Take time to find out how you can send targeted leads to your products. There are a lot of ways including article marketing, e-mail marketing, squeeze pages and many more. Go find out what a few of those methods are and then use them. Just avoid making any of these affiliate marketing mistakes and you should be able to start to make money at home.
In order to become better in any industry, you must keep learning and staying up to date. I continue to be excited about internet marketing and I continue to read and sometimes invest in information products in which I can learn more about marketing or new techniques.
I don’t particularly go out of my way to purchase info products but the ones that I have purchased have been really good in my opinion. If you visit the sales page you will notice it isn’t the typical cheesy ones with lots of huge colorful fonts and covered in testimonials. In fact, you can learn some cool stuff just from reading the sales page alone.
The “Lazy” in the title is a little bit misleading as there is work to be done. However, the point is to create mini-sites that are “hands off”, yet continue to earn passive income. Once the initial work is done, it really is a set-it and forget it type of system because there is no need for promotion with PPC ads which can require monitoring, testing, and tweaking. This is also good for those on a tight budget who can’t afford to run PPC campaigns.
The entire eBook has got me to start thinking in a different way which is more like a marketer. I can build out a Web site with no problem but marketing one is a different story. I don’t know how many times I’ve built a site because I personally thought it would make money.
There are ways to go about finding niches that will make money and Chris does a good job of laying out exactly how he does this.
Not every book or eBook I purchase is a winner but I think I’ve been lucky so far with what I have purchased. If you haven’t checked out Chris’ product, at least read through sales page. Reading that will definitely provide some new tactics that you may not have heard of before.
There are many great ways that I have come across to build up RSS subscribers as well as traffic to a Web site. Common methods I’ve seen include:
- Guest articles on other sites
- Free give aways
- Social networking (Digg effect, Stumble Upon, etc.)
Contests are a really cool way to grab attention, especially if the prizes are enticing. I recently entered one on Josh Spaulding’s internet marketing blog and to my surprise, I was one of the winners! To enter the contest you had to subscribe via RSS feed or receive updates via RSS feed email subscription. There were 3 questions to be answered which were great questions as they got me to take a step back and think about why I am doing the internet marketing thing in the first place.
Running a contest can always be a hit or miss. I have read other bloggers who have tried running contests with very little success. I don’t think it is a reason not to try it though. Not every traffic tactic will be a success but you will never know unless you try. After having participated in this contest I think I will try to come up with something cool to give away on my fitness blog.
If you have been wanting to try something creative to build up your subscriber base I’d say give it a try. You really have nothing to lose by doing so because even if it doesn’t bring the results you desired, you will definitely learn what to do better the next time.
Use Aweber Today!
In a few posts back I wrote about how I don’t use email marketing yet. Since then I have decided to give it a shot. You would think after being signed up on list after list, you could kind of get the hang of how it works. Plus, I decided that I will never learn anything unless I begin to take action. I’m sure I will make mistakes along the way and when I do and learn from them, I can pass it on to others who want to try list building out as well.
To begin my list building campaign I decided to go with one of the best autoresponders on the market. I decided to try out Aweber. The reason being that almost every list I’ve ever opted-in to is using them and I’ve read positive reviews about them as well. You also get a 30 day free trial so that also gave me incentive to try them out.
Learning your way around their system isn’t very difficult. If you are not tech savvy, they also provide video tutorials that will teach you how to use everything. I think after about an hour or so I figured my way around. When you set up your first campaign, they have a spam check that lets you know if your copy has too many spam trigger words. Form set-up is a breeze too and they offer pop-up forms and hover forms as well.
I signed up to my first list to test it all out and the emails are sent fairly quickly. You can also add links to the system if you want users to see customized confirmation pages. So far I really like their service. The first thing I did was ask my friends to opt-in to my list to see if there were any problems. That tested well too. I think I will be staying with Aweber beyond the 30 day trial.
These are some common questions that newcomers to the field of internet marketing ask. Being an online marketer for over 2 years now, I thought of sharing my thoughts and experiences about affiliate marketing with you. Hope this blog gives you some clarity on what all you can expect from affiliate marketing programs.
Let us first understand what affiliate marketing is…
Affiliate marketing is a business deal between an online marketer and a website owner. Here the online merchant and the website owner agree to share their revenue. The website owner places advertisements on his website to promote the sale of the products for the online merchant and to attract potential customers to the merchant’s website.
The merchant in turn gives a share of his profits to the website owner. In simple words, in affiliate marketing you are promoting a product that is NOT your own and in return earning commission out of it.
The compensation that the affiliate earns may be based on pay per lead or pay per sale/revenue share. In pay per lead the money earned by the affiliate is based on every new introduction of a potential client to the merchants product. In case of pay per sale or revenue share, the compensation is a percentage of the product sold.
One area where affiliate marketing scores is you do not have your own product so you are spared of the headaches involved with the inventory, taking orders, shipping and handling of products. All you have to do is promote the product on your website.
However, it is not that simple as it sounds and mastering the art of affiliate marketing takes time. So what are the tips and tricks that can help a newcomer become a star affiliate?
- Research & Choose your Niche: The very first step would be to do a fair amount of research to decide on a niche that is profitable but at the same time not very competitive. You need to thoroughly study your niche and the keywords that will bring you the maximum traffic. The trick is to find a sub niche of a very popular niche.
- Promote Quality products: When promoting a product or service on your website, make sure the product is good. Many affiliate marketers recommend products to customers without even knowing about them and this affects the trust factor of your audience. If you lose trust once, it is difficult to rebuild it.
- Understand Search Engine Optimization: Search Engine Optimization or SEO is important to understand as you would want your website to rank high when someone searches on your keywords. Your website in turn will then showcase the products and services you advertise to customers and help you earn revenue.
- Effective Copy-writing: The language you use on your website should bind readers. A smart copywriter will ensure that your copy is interesting as well as valuable to the visitor reading it which will ultimately lead him to buy your product.
So if you ask me…there is NO SUCH THING as Affiliate Marketing for Dummies. Websites that promise to make you a master of affiliate marketing in a week are probably bordering an overstatement and are simply fooling you.
There are no magic formulae attached to it and as in any other business, you need to put in your hard work, dedication and thorough research to become a successful affiliate marketer.