Welcome to the wide world of affiliate marketing! So, what is an affiliate and what does he or she do? The affiliate marketer acts as a “middle man” between merchant and consumer,but without adding anything to the consumer’s cost.Affiliates do not mark up or resell products. Instead, the affiliate educates and directs the consumer to a product, and they receive a percentage of the sale in commission from the merchant. The affiliate acts as an independent lead generator for the merchant by bringing in new customers. This is a win-win situation for both the affiliate and the merchant. The affiliate can reap a full-time income marketing a whole suite of products that he does not own. They don’t pay for product creation, don’t have to ship anything and don’t deal with customer service issues or returns. The merchant benefits from the influx of new customers, the boatloads of cheap traffic and low cost advertising. Merchants get their product and their brand in front of thousands of potential buyers without paying a dime until someone makes a purchase.
It is truly a pay for performance arrangement.
It's also one of the toughest types of business to earn a significant income
from. Competition is fierce and almost 95% of affiliates earn little or no
income. For the lucky few, the ones that know how to do it the rewards can be
amazing.
Here is some tips for beginners.
1. Choose a right product and affiliate program.
Spend some time to experiment with various products, and choose these that gives you more income. So check and affiliate programs that offers the products.Find out whether the program pays you weekly, bi-monthly, monthly, etc. Most programs have a minimum payout amount, meaning that you don’t receive your commissions until hitting a minimum number of sales for the pay period.
See The best Affiliate Programs.
2. How much do you make per sale?
Remember you’ll be investing your own money into advertising and other
expenses to promote these programs. Therefore, you should seek programs
which reward their affiliates well. You’ll also want to seek out high-value
products. A fifty to sixty percent commission on a $100 product is very good,
but it’s not so hot if you’re promoting a $15 product.
3. Check a pitch page.
When you start to promote a product , you get a link to a merchant page of this product. Always check this page. If it is bad looking , do not promote this product. It is a lose of time.
4. Spend more time on Marketing.
Spend 75% of your time marketing your web site and affiliate programs and 25% of your time working on them. Most people spend about 10% to 20% marketing their web site and affiliate programs. Then again, most people online do not make any money!
5. Use Text Links
Use text links rather than banners for your affiliate programs. Text links get a much higher click through ratio. People have trained themselves to ignore banners.
6. Chek Your Stats
Check your clicks and sales regularly at your affiliate web site. If you see a slow down in clicks and/or sales then alter your marketing. Try something different. Do not use the same techniques if they are not working.
It is truly a pay for performance arrangement.
It's also one of the toughest types of business to earn a significant income
from. Competition is fierce and almost 95% of affiliates earn little or no
income. For the lucky few, the ones that know how to do it the rewards can be
amazing.
Here is some tips for beginners.
1. Choose a right product and affiliate program.
Spend some time to experiment with various products, and choose these that gives you more income. So check and affiliate programs that offers the products.Find out whether the program pays you weekly, bi-monthly, monthly, etc. Most programs have a minimum payout amount, meaning that you don’t receive your commissions until hitting a minimum number of sales for the pay period.
See The best Affiliate Programs.
2. How much do you make per sale?
Remember you’ll be investing your own money into advertising and other
expenses to promote these programs. Therefore, you should seek programs
which reward their affiliates well. You’ll also want to seek out high-value
products. A fifty to sixty percent commission on a $100 product is very good,
but it’s not so hot if you’re promoting a $15 product.
3. Check a pitch page.
When you start to promote a product , you get a link to a merchant page of this product. Always check this page. If it is bad looking , do not promote this product. It is a lose of time.
4. Spend more time on Marketing.
Spend 75% of your time marketing your web site and affiliate programs and 25% of your time working on them. Most people spend about 10% to 20% marketing their web site and affiliate programs. Then again, most people online do not make any money!
5. Use Text Links
Use text links rather than banners for your affiliate programs. Text links get a much higher click through ratio. People have trained themselves to ignore banners.
6. Chek Your Stats
Check your clicks and sales regularly at your affiliate web site. If you see a slow down in clicks and/or sales then alter your marketing. Try something different. Do not use the same techniques if they are not working.
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