If you enjoy making money online by promoting products or services, then the chances of you being in affiliate marketing are fairly high. You might have signed up as an affiliate with one or more online businesses, who then give you a specific affiliate ID. Many of the online businesses that are involved in affiliate marketing might have provided you with a simple marketing package like banner or text ads and your affiliate sales page link. The only thing you really need to do now is to use these great tools and drive traffic to your affiliate sales page.
This is the strategy almost all affiliate marketers follow, but there is a problem here. Though this is a good strategy, in order for you to make a decent amount of money, you will need to have thousands of people visiting your affiliate sales page before even one product/service is sold. That being the case, you can imagine how hard it can be to actually make a $10 commission. Even if you succeed in doing so, the amount of time and effort you would have spent in earning those $10 would be huge!
Not just this, there is another problem with earning these commissions too. If you look at the terms and conditions of your affiliate marketing program, maybe they don’t pay commissions till you have earned at least $30. That means another thousand or more visitors and then, you might just have a chance at looking at those $30.
But here is something you need to consider without getting discouraged. Internet marketing is an excellent way for you to make extra cash on the side, and it honestly does not need much of an investment.
Four Step Affiliate Marketing Process:
Instead of advertising your affiliate program directly, make use of this four step process.
1. Providing value-add: Before getting down to advertising, provide something valuable to your potential customers. The simplest ‘valuable’ thing that you can provide without much effort is free information. You can provide this free information in the form of a series of email courses, eBooks and so on.
2. Give when you get: Don’t give away your free information till you get the email addresses of your potential customers. It is vital to know the name and email address of all the prospective clients, so that you can move on to the other two steps in the affiliate marketing process.
3. Earn trust: The next step in this four step process is to earn the trust of people, due to the valuable information that you have provided.
Just as you would closely monitor information provided by someone who gives you good advice on managing money, time or effort; others will start trusting you, provided your information is trustworthy. Since you have the name and email addresses of the potential customers, you can send them occasional emails with valuable information. Remember, don’t spam their mailbox. Else, they may block you and you will lose sales.
4. The actual sale: If you have been providing the potential customers valuable information regularly, they will trust you enough to buy a product/service you recommend. The sale is easier, if you can somehow make them realize that what you are recommending is worth the amount they will be spending.
In affiliate marketing, try to sell products and services that have helped you personally. This way, it becomes easier for people to trust you and you can share your experiences with them too!
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That's a good idea of what you said about adding value through free information through email courses. I also suggest to keep on building up a subscribed email list to keep marketing to, as well as continually giving good free valuable information to that list.
Thank you for that good article post!
Shanon
http://RichEdge.com
These are some good tips to use in order to increase affiliate marketing commissions.
I especially like the one about giving something of value to people. You should have a great pre-sell, and then get people on your email list.
It is incredibly powerful.
www.matthewlord.com
if you can write on a blog you can earn money,many people are making over $100 a month with this site see for your self
Great tips Alan! I agree totally you must first educate yourself on what works and what does not? If you want to make money online traffic is the lifeblood of your online business.
Without traffic you will not make any money. So concentrating on driving traffic to your landing page, website, or blog is crucial.
As far as Email marketing goes I wish I would of started my list much sooner. It is by far in my opinion the best way to turn your side business into a full time money making machine.
Hey Alan:)
You said that "Internet marketing is an excellent way for you to make extra cash on the side..." Yes that is very true. And there are many forms of marketing that can help with this idea. Many are tried and true and can help drive more traffic into a website. And a key note factor and concept that people should keep in mind is the profitability of the product or service they are marketing. If people/buyers can't see the potential of the item being marketed, then it's most likely not a product you should be marketing online or anywhere for that matter.
Ivan
katyblog257.vox.com - A Free site to learn how to make money online.
Keeping people interest and offering googd advice on a regular basis is defo the key to success as a online marketer.
Anthony
make cash online
those will really increase affiliate marketing commissions. information via email courses is a great idea as well!
http://lazyrichmarketer.com/womanonthefield.html
Adding value is definitely one way out, but offering something good and free by exchanging email address is another way to build up mailing list.
According to me the most important thing is the trust of people, due to the valuable information that you have provided.
Hey there! Just wanted to say that this is one well written article! Thanks for posting this. I was looking for a site that has this kind of info and I am glad i stumbled upon this one. Gotta love the affiliate marketing business :D Keep up the great articles.
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http://www.lazyrichmarketer.com/jv465101.html
hey dude
Great stuff! i got a lot of inspiration from this post
it is very interesting ....
i went through this page two times
am learning for social work
Thanks
As per mine consideration trust and faith is the most important for affiliate!!
Many are tried and true and can help drive more traffic into a website. And a key note factor and concept that people should keep in mind is the profitability of the product or service they are marketing.