Let’s take a look at what affiliate marketing is and some of the things that you can do to become a highly successful affiliate marketer.
Affiliate Marketing In a Nutshell
Affiliate marketing basically means that you are marketing for other people and businesses in exchange for a commission. The typical commission runs between 30 and 75% with 50% being the average.
When you first join an affiliate program you are given an affiliate link that goes to the website of the product owner. This special link is encoded with your unique affiliate id, and when you send someone to the product owners’ site through your special link and they make a purchase, you receive a commission. This works out great for both you and the product owner, because you make a nice paycheck and the product owner makes more sales and cuts down on advertising costs at the same time. One of the main things that make affiliate marketing so great is that having or creating your own product isn’t necessary. Along with that, there are the added perks like not having to deal with customers support, complaints or refunds.
The only thing that an affiliate needs to be successful is some basic internet marketing skills and the desire to succeed. Don’t panic if you don’t know anything about marketing online, because there is plenty of fantastic information available on the subject all over the internet.
Tactics to Increase Your Chances of Success
There are some simple tactics that affiliate marketers can use to increase their chances of success, which are discussed in detail below:
Web Pages
One great tactic to increase your chances of success as an affiliate marketer is by using unique web pages to promote each separate product you are marketing. It’s very important not lump all of your chosen affiliate programs together on one web site just to save some money on web hosting. It is best to have a site or at the very least a sub domain focusing on each and every product and nothing more. This way you can streamline and target your marketing efforts for better results.
I use HostGator for my web hosting needs. HostGator provides you with unlimited disk space and bandwidth, plus with the intermediate and advance plans you are able to host unlimited websites for one low flat rate.
Another thing you can do is to include product reviews on the product web pages you set up, so visitors will have an initial understanding of what the product can do for those that buy them. When possible collect and include testimonials from users who have already tried the product and add them to the web pages. This really helps increase credibility and convert more visitors into buyers. Including articles that you write or with reprint rights that highlight the uses of the product and posting them on the web site as an additional page, will also help increase your free search engine traffic and chances of success.
Be sure to make the pages attractive, compelling and include calls to act on the information. Each headline should attract the readers to try and read more, even contact you. Highlight your special points. This will help your readers to learn what the product is about and will make them want to find out more. That is when they will click on your affiliate link and help you make more commissions.
Auto Responders
Next let’s talk about collecting contact information by offering free reports to your prospects. This does two important thing for your affiliate business. It allows you to further educate your prospects and follow up with them in the future with more information on the products you offer.
For this to work you will need a good auto-responder service. You will want to create a short report and series of seven to ten auto-responder messages that will be mailed to people who sign up to receive your free report. I use AWeber Communications as my auto-responder service. AWeber’s e-mail marketing platform is top notch, and their customer support is great.
Did you know that according to research, a sale is usually closed on the seventh contact with a prospect? Hence the reason you will want to create a series of follow up messages. When you are creating your content focus on important points like how the product can make things easier and more enjoyable for people who purchase it.
Include compelling subject lines in the email. As much as possible, avoid using the word “free” because there are still older spam filters that dumps those kind of contents into the junk folder before anyone reads them. Do your best to convince those who signed up for your free report that they will be missing something big if they don’t take the time to at least check out the product or service you’re recommending. Be sure that the content is directed toward specific reasons to buy the product. Don’t make it sound like a sales pitch. Keep in mind that by providing useful information to your prospects you will increase your chances of making a commission.
Getting Targeted Traffic by Writing Articles
Another tactic that you can use to increase your chances of affiliate marketing success is getting traffic –the kind of traffic that is targeted to your product. Just think about it this way, if the person who visited your website has no interest whatsoever in what you are offering, they will be among those who move on and never come back. One of the best ways to get this kind of traffic is by writing articles for submission and publication. A good rule of thumb it to try to write a minimum of 2 articles per week, with at least 300-600 words in length.
By continuously writing and submitting these articles to you can generate as many as 100 targeted prospects to your site in a day. That may not sound like much for all of the work you put in but statistics show that 1 out of every 100 people are likely to make a purchase. If you can generate a 1,000 targeted hits for your website in a day, that means you can make 10 sales based on the average statistic and the best thing is that the articles will continue to work for you even after you have moved on to another product. None of the tactics that we have discussed today are very difficult to do, if you think about it, it just requires a little time and an action plan on your part.
Social Network Marketing
It has never been easier to connect with potential buyers as it is with social network marketing. You get instant access to your target audience and the ability to monitor what your market is currently interested in.
When it comes to generating exposure for your business, social networks can help you effectively locate potential buyers. You can even conduct niche research to determine current buying patterns, trends and overall demand.
With Facebook, you can customize your ads so that they are shown only to potential customers based on age, gender, location, or even interest. Facebook allows you to advertise using pay per click (CPC) or impression (CPM), and can schedule your ads to run for specific times.
Creating a Facebook fanpage is a great way to get targeted and interested visitors for your niche. You can even market directly to your fans without getting their e-mail addresses.
If you are a subscriber to my newsletter and have not yet downloaded your free copy of the Elite Social Marketing e-book, now is a great time to do so as it provides you with all you need to get started with social media marketing and a list of the various social networks out there.
Solo Ads
A solo ad is when you pay to have your offer e-mailed to a safe (opt-in) list on your behalf. There are numerous solo ad providers online some great and some are mere spam dispatchers. When using a solo advertiser, be sure to check that they have an opt-in list and are fully CAN SPAM compliant. Also, you need to verify that the offers you are promoting may be sent via e-mail as some vendors do not allow their products to be promoted via e-mail advertising. If you are watching your budget, check out 10DollarSoloAds. I have used them in the past and have gotten good results from their mailings. They also provide you with a guarantee and tracking of your e-mail open rates.
Lastly
Once you have completed the process for one affiliate program you can move on to the next and you will end up with a good source of income along with a thriving affiliate marketing business.
Good luck!
–Lois Miller