More and more people around the world are making money with affiliate marketing programs as affiliate marketers. In fact starting an affiliate marketing business of your own is not difficult to do.
Although it is a simple process, and is a great way for someone new to internet marketing to make money, it still requires work on the affiliates part.
It could be very difficult unless you keep up to date with what is going on online and how to work it for the best results.
What is Affiliate Marketing?
Affiliate marketing is an internet marketing where you earn a commission after a successful sale of someone else’s product that you promote and recommend to a buyer.
Making money with an affiliate marketing program
Here are some reasons why making money with an affiliate marketing business is a great way to start:
- The initial start up costs are very low so you don’t need much capital to begin, and in some cases all you need is enough of a budget to cover your website or blog hosting and to pay for an auto-responder service on a monthly basis.
The reason for your own website and autoresponders that by having these tools, you can then advertise more than one affiliate program and build your own email list.
This email list will give you the opportunity to build a relationship with your blog readers and sell various products to them whenever you find things that will benefit them.
- You can start an affiliate internet marketing business without worrying about creating your own product to sell, and there is no worry about stock or shipping costs etc. as the merchant takes care of all those things for you.
- If you work in a paid job your income pretty much depends on you going in to work and putting in the hours required in order to earn and pay your bills, whereas with affiliate marketing business, you can choose the hours and time you want to work and it is up to you how much you can make.
- The internet is worldwide so you are dealing with a global market place. The only thing you have to do is to decide on the niche product you wish to promote and drive traffic to it.
- Affiliate marketing has a very low risk factor. This is one of the main reasons why so many internet marketers are drawn to affiliate marketing. You don’t need to invest much money so long as you can invest the hours to do the work. For anyone on a low budget this is a great way to get started online.
Last but not least is that the internet works 24 hours a day, so your business carries on even when you are sleeping. What could be better than that?
The main reason that an affiliate internet marketing business is so popular is that it is a great way to have a business of your own that you can work from home and the cost of getting started is so low.
How To Start Affiliate Marketing
For anyone who is new to affiliate marketing and doesn’t really know where to begin the whole thing can be very confusing. Here are few tips that can give you a good starting point to will give you an edge against all the other newcomers to the affiliate internet marketing business world.
Here are some of the things that you will need to do to start your own affiliate marketing business.
- First you will need to choose a niche market that you will enjoy being involved in. It is best to choose a niche in something that you have knowledge of or are passionate about, but it also needs to be something that will sell well.
Choosing a niche market as a first step is a better approach to take than choosing a product to sell because what you are looking for is a niche market that attracts a lot of interest and is dynamic enough for you to make money in.
A big mistake and one that is quite common to affiliates when first starting out is to try and promote products that they know nothing about or that they don’t personally trust or believe in.
When you do that sort of thing your prospective customers usually get a sense of doubt coming from you, even if it is a subconscious thing. If you have no faith in a product people will know so rather stick to products and subjects that you know and love. It really makes selling them so much easier.
Also, once you have chosen a niche many suitable products within that specific niche will present themselves to you.
- Once you have chosen a niche you can begin looking for products to sell within that particular market. Utilizing affiliate networks is a great way to find products to sell for the market to you choose. Find several products that appeal to you and then decide on just one to promote.Read this article How to choose profitable affiliate programs
What are Affiliate Networks?
Choosing a good affiliate network is a vital part of your success as affiliate marketer. A good affiliate network can help you find the perfect product to promote.
Affiliate networks are central database for affiliate offers that are organized and filtered to your specifications.
A single registration to a network can allow you to participate in multiple affiliate programs. These networks provide analytics, various reporting tools and reliable payment processing tools and services.
No matter what types of products or services you are looking to promote, you should always be able to find a reliable affiliate network to suit your needs. Here are some of the best affiliate networks.
- Your next step is to subscribe to an autoresponder service and write a series of messages about the product you want to promote.
You can either copy and paste into your auto-responder or rewrite them to fit your own campaign requirements. Also if you choose to purchase the product you can write about your experiences with it.
It is absolutely essential that you have a good quality email autoresponder in place as people go through your sales funnel and they take a look at your offer. You need to be able to have an email sequence in place that it’s
automatically kick in whenever somebody opts in to your email list on your offer page or on your landing page.
Here are some of the top autoresponders for affiliate marketing. ( Not all autoresponder services allow affiliate marketing)
Get response ( most affordable)
4.Do not direct your prospects straight to the affiliate sales page. rather point them to a lead capture page first. The advantage of doing this is that you can then redirect all of your visitors into your auto-responder for follow-up and then send them to your affiliate sales page.
Bear in mind that your prospects need to be warmed up to the benefits of the product first. That is why it is so important to get them to give you their email address.
You want to have their permission to send them several posts about the product over a period of time. It may take several posts to generate a sale, but the fact is that repeated follow ups do lead to higher sales.
- If you don’t want to make a website and post your landing pages on it, or start a blog and host them on that the third option is Click Funnel or Builder All.
- You will now need to spend most of your time driving traffic to your lead capture page. In the beginning you are going to master one form of traffic generation.
To do that you’ll need to learn a little bit about several of them, including article marketing, advertising, blogging and ezine advertising, traffic exchanges, PPC and so on.
If you follow this system for creating traffic you will generate prospects for future follow-up, and ultimately, product sales. This is the best way to start an affiliate internet marketing business for long term success.
To begin with it is absolutely essential that you familiarize yourself with your niche market, because without that knowledge you will not be able to succeed.
A big mistake and one that is quite common to affiliates when first starting out is to try and promote products that they know nothing about or that they don’t personally trust or believe in. When you do that sort of thing your prospective customers usually get a sense of doubt coming from you, even if it is a subconscious thing.
If you have no faith in a product people will know so rather stick to products and subjects that you know and love. It really makes selling them so much easier.
Be sure that you don’t spam your readers but rather provide them with content that you believe in and know will be of value to them. The quickest way to lose any credibility that you have with your customers is to lie to them.
There are literally thousands of affiliate marketing programs online, so if one of them is not working out for you and you have given it everything you can, then don’t be afraid to try a different one, there are times when it is better to just move on to another product.
Download a complete set of tutorial videos which will show how to set up your income generating site from scratch!
Tips to Build Successful Affiliate Online Businesses
It is not that difficult to build affiliate marketing online businesses from home so long as you follow these three key tips to success with your marketing plan. Every successful internet marketer adheres to these key tips.
There are a variety of methods that can be employed for reaching a goal but the basics still remain the same.
- Targeted Traffic Generation.
To be honest without traffic there is no business and this applies equally to online and offline businesses, so a comprehensive strategy is a vitally important component in your marketing plan.
There are many different methods that you can use to generate targeted traffic to your website such as pay per click, joint ventures, article marketing etc.
Your best choice would be to research all the different advertising methods you can think of and then choose one or two to start advertising your online business. Once you have mastered these then choose another one or two to add to what you are already doing so long as they are increasing the flow of traffic to your site.
- Build a List of Subscribers.
We have all heard the money is in the list so building a list of people who are interested in what you have to say and who are keen to buy products from you is a “no-brainer”.
Unfortunately there are many people who start an affiliate marketing online business and fail to understand how necessary this is.
Affiliate marketing in itself does not require you to build a subscriber list, but if you do not build one then you are losing out on a lot of extra income.
- Converting Subscribers into Customers.
One of the most important keys to having a successful affiliate marketing business online is to build a subscriber list and the purpose of having a list is so that you can generate an income by converting this list of subscribers into paying customers.
This is how money is made online!
It is essential to develop a relationship with the people on your subscriber list and sending them valuable information is important. Doing this over a period of time will help them to get to know you better and feel more comfortable with what you have to say.
They will also learn over time to trust the information that you give them and will learn that when you recommend a product or service your advice is generally good and this is when you will begin to make sales and earn an income from your online marketing business.
When you follow an online marketing plan make sure to follow these three tips for success.
Also read Tips for Marketing Your Affiliate Products for more tips to market your affiliate product
Can You Become an Affiliate Marketer Without Your Own Website?
The majority of people starting out in internet marketing tend to be attracted to affiliate marketing as this allows them to start a business without having to create their own product.
Affiliate merchants give you the marketing materials you need to promote their products or your business. You are even given an affiliate website. The question here is whether you can succeed with affiliate marketing without a website of your own.
I personally think that you are better off to create your own affiliate marketing website for traffic generation purposes. With your own website you will also be able to present your products in your own words which makes pre-selling much more effective.
If however you want to do affiliate marketing without building and maintaining a website, there are other options available to you.
So long as you have an auto-responder that contains pre-written messages you can promote your affiliate links directly to your leads and send them straight to your sales page. This is possible with e-mail marketing.
You can purchase leads in various ways and import them directly into your auto-responder that already contains pre-written messages about your product. This way all you have to do is promote your auto-responder e-mail address.
Another way of promoting it is via a blog of your own on which you can post articles with information about your product or through discussion forums.
You could create an e-book or books and give them away. You don’t have to be a great writer to do this and the book need not be long. Twenty to thirty pages is fine. Then within the content of the book you would include your affiliate products, just focus on a theme for each book. This is a great way to make sales.
Not every discussion forum or article directory will allow you to place links to your affiliate products, but they will allow you to link to a website or blog. So if you do not wish to own a website, you will just need to start with a free blog. You can sign up for a free blog at Blogger.com.
You don’t even need to update your blog regularly all that is really necessary is a sign-up form and perhaps an article that pre-sells your affiliate product. With this you will be able to take part in discussion forums and send traffic to your blog with your pre-sell article via the link in your signature file. You can do the same thing with article marketing by writing articles that interest people and placing your links in your resource box at the foot of the article.
While I personally believe that having your own website is still the best way to do affiliate marketing, you are able to use alternative methods if this does not appeal to you.