Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
The industry has four core players: the merchant (also known as ‘retailer’ or ‘brand’), the network (that contains offers for the affiliate to choose from and also takes care of the payments), the publisher (also known as ‘the affiliate’), and the customer.
The market has grown in complexity, resulting in the emergence of a secondary tier of players, including affiliate management agencies, super-affiliates and specialized third party vendors.
Affiliate marketing overlaps with other Internet marketing methods to some degree, because affiliates often use regular advertising methods. Those methods include organic search engine optimization (SEO), paid search engine marketing (PPC – Pay Per Click), e-mail marketing, content marketing and in some sense display advertising.
On the other hand, affiliates sometimes use less orthodox techniques, such as publishing reviews of products or services offered by a partner.
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. However, both are distinct forms of marketing and the main difference between them is that affiliate marketing relies purely on financial motivations to drive sales while referral marketing relies on trust and personal relationships to drive sales.
Affiliate marketing is frequently overlooked by advertisers. While search engines, e-mail, and website syndication capture much of the attention of online retailers, affiliate marketing carries a much lower profile. Still, affiliates continue to play a significant role in e-retailers’ marketing strategies.
Tip Number One:
Choose an affiliate program that best suits your website or blog content.
Tip Number Two:
Don’t spam social media networking sites with your affiliate links.
Tip Number Three:
Choose wisely before joining an affiliate program because you would end up wasting your time and energy working for nothing.
Tip Number Four:
You need to pull enormous crowd to your blog for which your site has to be “Content-Rich“.
Tip Number Five:
Use shortened links to make your affiliate links not-so-obvious, ELSE you might end up losing followers and fans.
Tip Number Six:
Promote products with maximum revenue generation in the form of commissions.
Tip Number Seven:
Facebook though a best platform to promote, as it imbibes html codes and iframe syntax, in my opinion, twitter brings you more web traffic and in turn affiliate clicks.
Tip Number Eight:
You have to understand that it is not wise to fill the web page with too much of affiliate clutter, as it might work the otherway round. Yes, it will be a traffic driver out of your website or a blog.
Tip Number Nine:
The best way is to experiment with affiliate mix and match combination and Google Ad sense is by far the best as it sends suitable ads that matches your content.
Tip Number Ten:
Patience is the key to success. If somebody wants more idea on affiliate marketing, kindly contact me at email@example.com
This month the discussion is all about PASSIVE INCOME through Affiliate Marketing, Info Products, Online Training, Ebooks, CD’s and DVD’s.
Here are five ways you can move from producing active income to producing passive income:
The reason passive income is better is because it scales. It works while you are doing something else—like sleeping! You are not limited by your available time.
Here are few proven ways to learn the art of selling. Use them to sell your affiliate products like the affiliate marketing professionals.
1. Focus on Benefits, not Features.
Do you think we all buy products for their features? No. We all buy for the benefits they provide us.
Great selling products mainly focus on benefits, not the features. Next time when you are promoting (or creating) an affiliate product, focus on how it can help your readers instead of the features it provides. This is one of the simplest ways to find the greatness of any product.
Ask yourself “who benefits” from the affiliate products you are going to promote. If you have desired target audience who is searching for ways to find solutions, and if you promote the RIGHT affiliate product that suits their needs, you can increase your affiliate sales.
2.Listen To Your Audience, They Will Listen To You
While it’s not only important to focus on benefits but you also need to listen to your readers and customers. After all, they are the ones who buy your stuff, it’s not possible to make more sales without their trust and help.
Ask them what they really want. Read other blogs in your industry and find out the top bloggers in your niche to analyze the products they are selling. That way you will be able to rapidly increase your customer gain, support and sales.
Before selling any affiliate product on your websites, buy it first. Or request the affiliate product vendor for a free copy, then try it by yourself. Once you start using the product, you will better understand the pros and cons of it.
Promote the affiliate products only if you are satisfied. That way you will be able to give strong reasons through your product reviews to increase your sales.
Asking The Right Question Is The Answer
“Every sale has five basic obstacles: no need, no money, no hurry, no desire, no trust.” – Zig Ziglar
3. Stop Selling, Start Helping
Most successful affiliate marketers know one thing they help people rather than pitching hard their products to make more money. You will hardly make money by selling products without knowing your audience pulse.
There are thousands of successful affiliate marketers who are using affiliate products to make a living from online. The best example is Pat Flynn from Smart Passive Income, he generates around 50,000 dollars each month by promoting very few products like bluehost. He’s the true example of how we can make more affiliate sales by building strong relationships with readers.
The more helpful you are with your products, the more sales you can make. Give your readers what they really want. Your readers are constantly looking for solutions to their problems and you can gain more sales if you find the right affiliate programs to solve their problems.
4. Increase Your Website Search Traffic
Organic traffic is the lifeblood for any profitable website that’s using affiliate products to make money. Without the help of search engines, you can’t earn money from affiliate marketing. Learn to optimize your websites for certain keywords to increase your website traffic from search engines like Google.
It’s not easy to get the top results for few buyer keywords though but you can expect great flow of search traffic once you start producing great contents around them.