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Archive for May, 2008

May
31

So You Really Want To Be An Affiliate Marketer?

The_DavinatorAffiliate Programs

I’m sure it’s the dream of every third grade child these days. Kids don’t wish to be firemen anymore they dream of becoming affiliate marketers, don’t they? Well, probably not. It’s not exactly a very heroic profession, but it will give you the opportunity to make some real money. Affiliate marketing works for both of the parties involved in the partnership. The merchant gets the business that is sent to him from the affiliate marketer and the marketer gets the commission for driving visitors to the merchant’s website. A win win situation.

If you are someone with a merchant website on the Internet you will have to become very acquainted with affiliate marketing. A merchant can get great marketing efforts from the marketer for their products and don’t have to pay a cent if the visitors don’t buy a product. It becomes both the merchant’s job and the job of the affiliate marketer to get sales. It is great when both parties share this burden it makes it more likely that the sales job will be done.

The successful affiliate marketer can generate a great income by providing interesting and fresh content to the visitors to their site. Their income is gained by the amount of sales their amusing content can gain. They can create a website that is completely information driven and doesn’t involve the sale of products at all. They are able to determine what kind of content they want to get into and what kind of products they want to be involved with. They will not have to deal with inventory or even see a product. All the goal of an affiliate marketer is is to attract as many visitors to their site and direct them back to the merchant site.

There is software out there for merchants and affiliate marketers to determine how well their campaign is progressing. With this software they can track their visitors and find out how many sales are made through the affiliate program. This helps the merchant figure out how much and who to pay for the commission on the sales. It is great business software to do a cost benefit analysis for the merchant.

Of course, with anything there can be abuses to a wonderful system. Some marketers don’t follow the best business practices to attract their visitors and get them to the merchants website. These tactics only frustrates the user and will cause them to not purchase the product that is being presented to them. It also detracts from affiliate marketing’s reputation. It becomes a bad thing to be called an affiliate marketer when many people are using these tactics. The system will work wonders for business without the use of bad business practices.

In short, affiliate marketing is a great business for a budding entrepreneur to get into. It allows for a small businessperson to generate a nice income on their own through their own efforts. If you are thinking of getting into this lucrative field you should do your homework and read up on all the techniques that are available for affiliate marketers. Spend the time before you spend a great deal of money and waste your time with bad tactics that won’t work. Find out what successful marketers are doing and learn from the best. Find your passion and write your content based on that, and then find products that are best associated with your content. Readers will know when you believe in the content and the product and they will respond and respect you for it. That is the best affiliate marketing tactic you can use.

Davin Ogden is an accomplished affiliate marketer and viral marketing strategist. He has helped thousands of aspiring online entrepreneurs. For a limited time claim the *exclusive* “Creating A Winning Mindset For Success Report” at http://www.groovytastic.com/EliteBreedSq/.

May
31

Is Being an Affiliate Marketer Right for You?

The_DavinatorAffiliate Programs

It must be every kid’s dream nowadays. Instead of dreaming of becoming firemen, kids now dream of becoming affiliate marketers, right? Well, actually they don’t. It’s not the most exciting job, but you can earn real money doing it. Affiliate marketing benefits both partners in the agreement. The merchant gets business provided by the affiliate marketer, and the marketer receives a commission for the customers they attract to the merchant’s site. A no lose situation.

If you own an online merchant website, you need to become familiar with affiliate marketing. The marketer works hard at their marketing, and the merchant doesn’t have to pay even if the visitors do not buy anything. Sales become the responsibility of both the merchant and the affiliate marketer. When both parties have this responsibility, you are more likely to get sales.

A good affiliate marketer makes income by providing visitors with high quality, fresh content. Entertaining content increases sales, which in turn increases profit and income. Their website no longer has to sell products, but can focus solely on information. They can choose the areas in which they can contribute content, and the products they want to work with. The individual will not need to handle inventory or even view a product. The only goal of an affiliate marketer is to attract visitors in huge numbers to their site and send them on to the merchant site.

There is software on the market that allows merchants and affiliate marketers to track their progress. They can keep track of visitors and determine the amount of sales that are generated through the affiliate program by using this program. This allows the merchant to calculate the amount of sales, and who to pay. Great business software can perform a cost benefit analysis for the merchant.

Unfortunately, abuse can occur in even the best systems. Some marketers use less than optimal business practices to attract visitors and get sales. These tactics tend to anger customers and make them less likely to buy the products offered. Affiliate marketing’s reputation is hurt by this behavior. When many people use such tactics, being called an affiliate marketer can be harmful. This system will drive business and avoid poor business practices.

To sum up, aspiring entrepreneurs should definitely look into affiliate marketing. Affiliate marketing allows a small businessperson to use his or her own work to make a nice profit. If you want to get involved in this lucrative business, do your research and learn about the different tactics affiliate marketers are using. Time spent doing your homework will save you both time and money spent on poor tactics. Discover what the best marketers are doing and learn what you can from their success. Write content based on your passions and interests, and look for products that correspond to that content. Readers can tell if you genuinely believe in your content and products, and this will earn you their respect. That is your best tool for affiliate marketing.

Davin Ogden is an accomplished affiliate marketer. He has helped thousands of aspiring online entrepreneurs focusing on innovative viral and affiliate marketing techniques. For a limited time claim the *exclusive* “Creating A Winning Mindset For Success Report” at http://www.groovytastic.com/EliteBreedSq/.

May
31

Brainstorming Ideas to Create Your Information Product Empire

richgroupAffiliate Programs

Find what keywords or problems people are searching for, with little competition, then find or develop your product or service that solves their problem. The more people you solve for, the more profits you’ll receive.

You can’t just come up with a single idea for a narrow niche audience and expect that to be enough to deliver financial security for the long-term. Instead, you want to tap into a niche with endless possibilities, or at least enough to make your product development worthwhile.

What you’ll want to find is a smaller niche market, within a large niche. This way you’ll have the smaller niche to dominate right away, then you’ll have lots of opportunities to branch off into other related areas of the larger niche market.

Let’s say you decided to create a wedding planning guide in eBook form as your first information product. If you’re new to the business, then you might instantly think of creating a massive info product that covers everything in detail, from A to Z.

But let’s look at it from a marketers business point of view. You are going to put the effort into driving traffic to your site and will hopefully have at least a 2% conversion rate for your information products. Why waste that effort of time and advertising money on a single sale of $47 when you could easily turn that customer into a lifetime profit stream?

How can you do this? Information products serve the needs of your audience. A bride and groom have many issues they want to consider, and you can create dozens of guides that focus on things they need to know, such as ‘How to Have a Destination Wedding at Home’ where you discuss how to hold a theme wedding in your backyard. Or, ‘A Guide to Seasonal Flowers for Brides’.

You may think that a niche market like ‘wedding planning’ has a limited profit potential. But it’s only the beginning because after the wedding you can include things like, ‘A Guide To A Successful Marriage’, “Saving Money When Buying Your First House’ ‘Planning for Children’ and so many more.

That’s what it means to find a smaller niche, then branching off into related markets. Now you have the potential to profit from your subscribers for years and years.

Sometimes, a single comprehensive information product is the way to go. But you also want to cater to the needs of your niche who don’t need all of the other stuff, just what they, in particular, are seeking like information on wedding cake flavors or homemade wedding favors for brides on a budget or catering on a budget.

Once you deliver one outstanding, useful information product to your customers, you’ll have them on your list where you can then market your backend (follow up) products to them. This is where the true money in Internet marketing lies because you don’t have to spend money to attract that customer - they’re already in your database.

Make sure that before you implement your information product ideas, you check to see if the niche provides you with the opportunity to branch out and develop an entire line of products dedicated to helping them lead a better life.

Ron Richardson is an online entrepreneur and consultant.
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May
31

Leverage the Power of Your List for Maximum Profits While Selling Information Products

richgroupAffiliate Programs

First let’s cover what a list is, exactly. A list is when you have an opt-in form somewhere on the Internet - usually on your website where you’re selling information products.

The visitor sees an offer, usually for a free ebook, report or newsletter of some sort, and he or she enters their name and email address in order to get access to the offer. The opt in box is set up to send that information to your list-building software.

Autoresponder software, such as AWeber, allows you to set up multiple lists for each of your domains. This is important when you’re learning how to profit from information products because you want different lists for all of your mini-sites where you’re selling your products.

Once the person is added to your list, he or she is sent an automatic email from your autoresponder with the download link to the free offer you were promoting with your information product.

Your autoresponder email must always include an ‘unsubscribe link’ usually at the bottom of the page. Aweber, as well as others provide this automatically, so you never have to remove anyone manually.

Most marketers use their autoresponder service to drip constant emails to their list on a daily, weekly, or bi-weekly basis. This sets the stage for backend sales of more information products. The products that you can market should all be relative to each other. You wouldn’t build a list of poeple interested in ‘dog training’ and then turn around and send them an offer for a weight loss diet.

It’s a proven fact that people buy from those that they know and trust. It also takes, on average, between 5-7 exposures to something before they will purchase. So you can see why it’s crucial to your success that you start the relationship building that will be neccasary that will result in long term sales.

If this is your strategy, then you need to make sure that every email that gets sent out from your autoresponder is of high quality and value to your audience. If you’re continually spamming them with sales pitches, it ruins your credibility and chances will be slim that they’ll even pay much attention when you announce the launch of your next information product.

Never start off with trying to sell them something on the first or second email. Start with giving them valuable information that they will benefit from immediatly. Once they see that your not just making that sales pitch every time, they will be eager and anxious to receive you emails.

Having a list also allows you to pick the brains of your target audience to see what it is they need from you before you start working to develop new information products. Some corporations spend millions of dollars on market analysis, but a list lets you do it for free.

Once your list grows to 1000 or more, then you can start split testing your campaigns to see which ones have the greatest return. This can only be done once you have an established, loyal, responsive list of customers

Just remember when you’re building a list for your information empire that you take care in treating your list with care and respect. This way, they’ll stay a part of your inner circle longer and help your profits soar. And always remind them that you value them and that their information will never be shared, sold or rented to a 3rd party.

Ron Richardson is an online entrepreneur and consultant.
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May
31

Smart Affiliate Marketers Create Multiple Income Streams…

DavesbizAffiliate Programs

You may have read the words “multiple streams of income” before. Have you realized the full benefits of having multiple streams of income? Many business people in online, or offline business, use this concept. Successful investors also use this principle. So why is it that so many newbies get so excited about an internet affiliate marketing program and become blinkered toward that program only?

There are no guarantees with even a great affiliate program. You could spend lots of time and money building up a handy source of income, only to find that the site providing you with the products is shut down for any number of reasons, including legal reasons. Suddenly your income stops.

There are some “affiliate gurus” out there who say it is possible to have a successful affiliate business without your own website. Yes it is possible and if you want to test the waters of such a business then you might want to try that method. You need to also consider whether starting that way is going to delay your long term goal. That is gaining a constant stream of highly targeted, free traffic. Most experts will tell you that comes from ranking highly on the search engines, especially on the first page.

Your own website with your own unique domain name gives you the advantage of presenting any number of affiliate programs. No one program or product will appeal to everyone. So if you don’t present too many opportunities, stick to a theme but have variations between the programs, then you are likely to increase your conversion rate. When you start getting sales then you are on your way to multiple streams of income. If one of the programs you are selling has trouble, an interruption to service or complete shut down, you still have others you are earning from.

Of course you need to choose the affiliate programs carefully. Choose from successful companies that have a good track record over a reasonable length of time. It is not advisable to be careless about your choice just because you plan to have many options. Your aim is still for quality of programs, not quantity. This method is simply hedging your income sources from unforseen circumstances and using the advantages of affiliate marketing to increase your income streams. There is no need to spend time on stock control, despatch or customer service hassles. You are simply referring customers to each of the companies and their websites and receiving commissions from them.

You may ask “what if the hosting service for my website gives me problems?” It is true that there are no guarantees in life about anything. It comes down to using due diligence in choosing a web hosting service. Who do you know in the computer industry who would have the knowledge to recommend a reliable, basic and cheap web hosting service? Can they recommend a source of easy to understand tutorials for building a website? You could check internet topics on forums where you will get lots of free advice if you ask the questions. Once you have started receiving profits,
you may consider setting up another website promoting the same programs but using a different webhosting service. This is the ultimate “hedging.” It would be best not to commence that until you are receiving good profits on your first site and you are in a position to keep it running smoothly while starting your new site. The advantages of promoting the same programs on your second site are:-

1. You are increasing your sales figures with those companies and this may make you eligible for performance bonuses.

2. You already have the knowledge of the products or programs and you have the contacts.

3. There are far less changes required to your autoresponder emails, newsletters etc.

4. You can focus on different keywords with your second site and therefore potentially increase your share of the prospects searching for these products.

Succeeding in any business requires work. Being a successful affiliate greatly reduces a lot of the work normally associated with business, but work is still required to build and then maintain your business. This is especially true with promotion of your website and the affiliate programs. The strategies outlined in this article can help you if your long term goal is building an ever increasing business that leverages your time and income and allows you to work anywhere there is an internet connection.

David Barker is the webmaster of www.DavesAffiliateMarketing.com Visit his website for information on launching six Internet Affiliate Marketing Programs and a free ebook. You may distribute this article unchanged as long as you include this resource box.