Affiliation marketing is a part of internet marketing. If you are having a successful blog you can easily great a huge amount of money using affiliate marketing. Today I am going to sharing some tips which will help you in earning money with the help of affiliation marketing. But first of all let me tell you what affiliation marketing is. By affiliation marketing we mean that we will be referring a customer to a firm to buy a product or we can say that we are helping a company to sell their product and if we are successful in selling a product we will earn some amount of commission from it. On of the fastest and easiest ways to make money online is by launching an affiliate marketing business (or adding affiliate marketing to your existing business).
Affiliate marketing allows you to make money online, even if you don’t have blog, website, or any products of your own. Following a few simple steps can get you up and running within hours and earning your first commissions right away.This is the best option which bring you a lot of money using affiliation marketing. If you are having a blog or a website which is related to blogger or WordPress or you are providing tips and tricks you can easily make money by selling hosting. See what happens is that when you have to make a new website the very first thing you need is hosting. Like you are having a hard disk drive in your system which helps you in installing windows similarly you need hosting so that you can install the scripts on that hosting and you can run your website. Just make a banner and ask people that you will create their website for free if they are going to buy hosting from their referral link. This is what affiliation marketing is. Referring a customer to a firm will generate you commission.
The formula for affiliate marketing remains relatively constant no matter what your market or niche.
Your main task will always be traffic generation (i.e. driving prospects to the merchant’s website via your unique “affiliate” link). You can start by finding ways to drive free traffic and then adding paid advertising methods to your traffic mix.
Writing good advertising sales copy (copywriting) is the other important skill for internet marketers. The good news is that when it comes to affiliate marketing, many vendors will provide you with copy to use for your blog posts, websites ads, etc.
That being said, what are these essential steps for affiliate marketing success? Here, we focus on five steps to launching your own profitable affiliate marketing business.
1. Choosing the Right Affiliate Network
The fit must be right between you and the merchant who is going to benefit from your promotional efforts, or it simply won’t work. The easiest way to begin with affiliate marketing is to select an affiliate network.
Many affiliate networks exist, some which are tied to well-known companies like Amazon, Google, and Apple, while others specialize in specific types of products and services.
You may have heard of ClickBank, one of the oldest and most popular affiliate networks. A billion-dollar company, ClickBank specializes in digital products like e-books and software, as well as membership sites.
If you are comfortable selling information and don’t want the management and administration hassles of “real” businesses, this may be a good starting point. Its commissions can be anywhere from 10% all the way to 75%.
Sometimes, individual entrepreneurs with great products are worth a look, although you should check them out first and do some research.
2. Research and Select the Right Affiliate Products
A sound product strategy is a must for new affiliate marketers. Ideally, you should choose a niche that you can make money online with and has a lot of product vendors. This will give you a wide selection of products to offer your online community. However, limit yourself to two or three products at a time, so that you become the expert others turn to and trust when reaching for their wallet.
As you become comfortable with the affiliate marketing process, you can consider both specialized (e.g. fly fishing) and broad (e.g. weight loss) niches. Don’t forget to track your marketing metrics! They are usually provided by your merchant and/or affiliate network. This way you'll be able to know which products your audience are responding to and which ones aren't generating any profits for your business.
You'll want to continually monitor the marketplace for new products, review and test promoting those products to your audience.
3. Consider Buying the Product before Promoting It
As a new affiliate marketer, you are not obligated to purchase every product you want to promote. However, it goes without saying that actually owning and using the products is huge for establishing credibility and trust. Intimate knowledge of the product can mean the difference between making the sale and having prospects move elsewhere.
Writing product reviews are an excellent way to enhance your credibility as an affiliate marketer. This is especially easy with information products like e-books which are relatively inexpensive. After establishing some steady income it may even be worth buying higher-end products, provided you get in touch with the product creator to work out a strategic marketing plan that takes you to the next level.
If you actually use the product and get results with it, then sharing a case study or your personal experience can be one of the most effective ways of selling that products to your audience.
As you build a more responsive list of email subscribers and buyers and your reputation, merchants may offer you “free” samples of e-books or other products.
Note: in many cases merchants will be happy to offer you a free copy / sample of the product even if you don't have an established business -- it never hurts to ask!
4. Utilize Social Media Marketing to Get More Traffic
Facebook, Twitter, YouTube, Pinterest and other social media marketing methods are great vehicles for “word of mouth” or viral marketing. Video marketing in particular is a great way to demonstrate your expertise via commentary, screenshots, and live demonstrations if necessary.
While at first you may be focused on using social media as a free way to get traffic, keep in mind that there are powerful ways to use paid advertising on social media to reach your targeted audience and drive that traffic back to your site or your affiliate offers.
5. Consider Using Redirect / "Pretty" Links
Cloaking or using anchor links was a controversial issue in internet marketing circles, with some affiliate marketers swearing by it and others who feel it is unnecessary.
On one hand, long and ugly affiliate tracking links are a straight giveaway to people that you want to sell them a product (and people may be uncomfortable clicking on them). Therefore, making your link shorter and "nicer" looking will it give a more professional appearance. One of my favorite plugins for making links look "pretty" is the Pretty Links WordPress plugin.
Other great source which will help you in affiliation marketing is the e-commerce websites. There are a lot of websites online which sell a lot of products. If you are having a website which provides the reviews of latest gadgets and gizmos provide the affiliation link of the product from some e-commerce website. If you are having regular readers and if your website is trustworthy than you can definitely generate a lot of sales through affiliation marketing and become rich.
Same is the case with books. If you are an avid readers and if you like to write short reviews about novels you can include an affiliation link at the end of the review of the novel. If the reader likes your review he will definitely buy the novel from your affiliation link. If you are living in India you should use Tyroo for affiliation marketing. They are the largest ad network India providing a lot of ads to people. If you are a publisher or an advertiser Tyroo is the best place for you. Tryoo has been working with the best e-commerce companies which are eBay.com, myntra, fashion and you and apart from these companies they have also done many deals with Microsoft, Groupon, and Google etc. As per the stats it was seen that 44% of the population of India had accessed and used Tyroo.
Make Money Online Without a Website
If you've got some successful keyword research and PPC advertising under your belt for your own website, why not capitalize on that and make money online without one? Affiliate marketing through pay-per-click makes it possible. Learn how to make moneytoday.
MSN adCenter and Yahoo Search Marketing both allow direct linking to sites that are not your own. (But don't try this with Google AdWords.)
Direct linking means that you can join affiliate programs, create ads for their products, and send click-throughs directly to the merchant's site. There's no need to build an intermediary site or use your own site to direct traffic. When your click-throughs convert, you get a commission.
It's a way to create an extra stream of income--or several--with some big advantages:
- It eliminates the time, effort, and costs of building and maintaining web pages. The only time you'll have to pay is when someone clicks on your ad.
- It allows you to do affiliate marketing without cluttering up your own site with links that might send potential customers away. You can keep your site clean and focused on its job of selling your product, but still make commissions off other people's products.
- It eliminates an extra click for users. One click less for them means more commissions for you. While direct linking is a good opportunity, though, it's not a walk in the park. The PPC programs that allow it restrict the number of affiliate ads that can point at the same display URL that shows on the ad itself. So ads by experienced affiliate marketers who know exactly what they're doing can bump less skillful ads.
If you want your ads to be seen, here's what you have to do.
Step 1: Start with a big, broad market Choose a broad market where there's a lot of searching going on. You want to get as many eyeballs as possible.
Step 2: Do some keyword research Don't build your ads on broad, untargeted keywords, though. The competition for those will be fierce--and expensive. Your objective here is to find neglected, low-cost keywords within a broad, high-traffic market--and that's why it really helps to have keyword research experience.
And as I mentioned in an earlier article, you need to look for specific problems that are shared by a lot of people within a market. Then find relevant keyword terms that clearly show a clear intention to buy or find out more information. Those terms are much more likely to convert. And remember, you pay for every click, but you get paid only when they convert.
The Microsoft Advertising Intelligence tool can show you almost anything you'd like to know about any given keyword, including similar keywords, traffic, cost per click, and much more. The free Google AdWords Keyword Tool is also a quick and handy way of getting ideas for keywords with high search volume and low cost per click; just keep in mind that you can't use this strategy with Google.
Step 3: Find a good affiliate merchant that targets your niche In order to find a merchant that offers a relevant product and pays you a good commission, check out these affiliate networks and directories:
When you're choosing affiliate merchants, ask these questions:
- Do they offer a product that directly solves a problem you've identified?
- Do they allow direct linking to their sites? Some don't. Check the terms and conditions before you commit.
- Does the landing page generate pop-ups? If so, then forget it. This is not allowed. The back button on the page also has to be functional.
- Is there a strong landing page for the product? If you send click-throughs to an irrelevant page, a confusing sales process, or a site that's just plain unappealing, then they won't convert and you'll end up wasting your money.
Step 4: Write a PPC ad that drives buyers to the affiliate merchant's site Take a good look at the landing page your ad is pointing at and make your ad directly relevant to it. Your ad must:
- address the specific problem you've identified.
- include the keyword you've bid on, preferably more than once.
- reflect the keywords of the landing page.
- highlight a benefit of the product.
- include a strong call to action.
You can give your ad an extra boost by adding your keyword, or part of it, to the display URL at the bottom of the ad. The actual target URL will contain a big, ugly affiliate ID number, but the display version can show the domain name plus a subdirectory with a word or phrase that makes it look relevant to the search, like this:
Before you create your display link, check out the PPC competition to make sure it's unique so your ad won't be bumped. The better your ads, the higher the click-throughs will be, which means your ads will be rewarded with better positions for the same money. It's worth polishing them, and then testing them to see which ones are performing the best. Running a pay-per-click affiliate campaign probably won't generate hundreds of thousands of dollars for you right off the bat--but it is the easiest way to leverage the keyword research and PPC skills you've developed in building your own site. And when Microsoft adCenter and Yahoo Search Marketing join forces sometime this year, you'll get the traffic from both, even if you only advertise on one. That makes direct linking even more appealing.