How to Profit From Affiliate Marketing Programs: 4 Steps

How to Profit From Affiliate Marketing Programs: 4 Steps

by Mike Erps

I’ve been thinking recently about the shift between the “regular” Internet and mobile. We know that with the aid of the Internet, you can almost have everything right at your fingertips. As years pass by, the Internet continuous to effect radical changes in many facets of human endeavors including commerce.

Having been in the Internet Marketing space for a while, I can definitely feel the saturation starting to kick in. It seems like everyone is peddling the same offers in all of the email lists I’m signed up with. The Internet’s fast-growing popularity in the recent years is being supplanted by the rise of mobile devices. Everyone around you has a smartphone. Everyone has a tablet. I know that I only use my laptop when the tablet is already in use or when I have to do some typing, or feed sports to the TV through HDMI. Mobile marketing is where it’s at now, and is surely an opportunity for business that any entrepreneur would not want to miss.

You might be thinking only businessmen can make much money out of the Internet, right? Think again. You too can earn big bucks through the mobile space even if you don’t have products to sell or a high-profile and established company. How? Through affiliate marketing. You might know what affiliate marketing is. If not, you’ve probably come across these words recently.

Affiliate marketing is a revenue sharing between a merchant and an affiliate who gets paid for referring or promoting the merchants’ products and services. Recently, companies have begun to offer 100% payouts for their basic service. You read that right – no split of commissions. 100% of the sale goes to the affiliate.

100% affiliate programs are able to do this because they offer higher value, bigger ticket items to consumers that purchase the basic product. The worthwhile companies have genuinely useful and valuable products and/or services that make them viable even after giving away the opening sales to their affiliate partners. This affiliate commission is just the initial cost of obtaining that customer. As long as the company is selling a quality product, it is worthwhile for all parties.

Again – we’re seeing a shift to 100% affiliate programs. For the marketer, they are awesome. The best ones out there have residual 100% commissions where there is a monthly service that gets paid over and over again.

If you want to be an affiliate marketer and start making on the Internet, you should start by following the most basic steps to start an effective affiliate marketing program.

    1. Pick a niche.

Identify a particular thing you are interested in or passionate about so you won’t be bored and forced to develop your affiliate web site later on. Focusing on a specific area you know very well will help you bring out your best without much risks and effort. You can add a personal touch to your site and give your visitors who are possible buyers an impression that you are an expert in your field. In this way, you gain their trust and eventually encourage them to buy the products you endorse.

    1. Build the framework.

Next is to look for good paying merchants and products or services related to your interest and create a basic website. A quick Google search can fill in the details here. There are tons of sites dedicated to setting up the basics. In choosing the products, you must also consider its conversion rate-the number of visitors-turned-buyers. There are various affiliate networks and affiliate solution providers that can give you info on the most profitable products and best paying merchants. The key here is, be wise enough to choose the right one.

    1. Promote.

Now that you have decided where to concentrate, have chosen the products to endorse and the merchant you are supporting and have created your own web site with top level domain name and reliable hosting, you are ready to promote. This is a crucial task, since you need traffic to drive visitors to lead capture pages. More leads means more sales and, of course,more profit. In affiliate marketing, it is possible to earn large sums of money in a short span of time especially when you’re endorsing high-priced items. Expensive products are hard to sell; however, with the right marketing strategies and sales techniques, you can draw visitors to the merchant’s site and make them buy the products. How to promote the products, though, would need a separate discussion.

    1. Learn.

Continue to educate yourself by reading books or other articles online about the best advertising techniques. Always keep an eye out for relevant products that fit with what you’ve been set up to promote. Use products yourself so you can be genuinely excited about a product when you’re doing a review. Only promote items that are of good value and you can stay proud of your work. Keep in mind, there is no quick and easy path towards success, but the more you learn and the more active you stay, the easier everything becomes.

 

Affiliate marketing may seem very tempting due to numerous encouraging testimonies of merchants and affiliate marketers alike who have benefited from it, but it entails great deal of hard work and persistence. Likewise, you need to be creative, flexible and willing to embrace new ideas to market your partners’ products until you find the perfect strategy that works for a specific market that you are targeting.

Simply signing up for an affiliate program, copying ads and leading others towards the merchants’ site doesn’t guarantee success. Many affiliate marketers fail to understand this, so when they don’t make sales, they quit, look for other programs and repeat the same mistake. In the end, they conclude that affiliate marketing is just another Internet scam. The truth is that even as you sleep, you can work your way to great financial success if you employ the right strategies in affiliate marketing. Be creative, be smart and surely, you’ll achieve your goals.

Article Source: EzineArticles.com

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