How to Earn Extra Income Online Doing Affiliate Marketing Job


Earning Extra Income With Affiliate Marketing

CONTENTS
  • What exactly is affiliate marketing
  • FIVE things that a success bound affiliate marketer must HAVE. 
  • Necessary steps to take to actually make money in affiliate marketing. 
  • Choosing the Right Product
  • Why not create your own unique product 
  • Steps to take when writing your special Affiliate Report 
  • Making Back-End & Residual Commissions
  • How much can you make with Affiliate Marketing?
  • Recommendation 

What exactly is affiliate marketing? Affiliate marketing is one of the fastest growing businesses on the Internet. Infact, affiliate marketing is one of the fastest and most creative and lucrative ways to make money and have a career online. 

Affiliate marketing is therefore the selling of products on a commission basis. You own a business that advertises and sells products for another company. You may have a product of your own to begin with or not. If you diligently search throughout the internet, you will definitely come across products in your niche that you can promote, some of which has commissions ranging from %5  to %75 as the case maybe. 

The World’s Glossary of Internet Terms defines “Affiliate Marketing as: “A business relationship with a merchant or other service provider who allows you to link to that business. When a visitor clicks on the link at your site and subsequently makes a purchase from the merchant, you receive a commission based on the amount of the sale, a referral fee or a pay-for-click fee.”

This is a simple, straight-forward agreement between a merchant and an affiliate. Budding affiliate marketers run into a problem when they try to reverse the success process. Instead of starting at the beginning, they try to start at the end.

So, as an affiliate marketer, who understands the dynamics of selling, or getting clients to buy a product online, you stand the chance of making money (I mean) big money online, just referring people to a product. 

In a Nutshell, Affiliate marketing is you registering at online market place like JvzooClickbank etc, as an affiliate marketer. After which you will be given a unique link (it may be code or url) that you will share abroad (on your blog or social media pages), upon which, if anyone click on your like and register or buy the product you promote, you get a commission. 


Have you heard of Paidviewpoint? It is an online survey platform with $1-$3 per survey and with a bogus refferal bonus of $25 per lead. Visit the HERE


FIVE things that a success bound affiliate marketer must have are:

1. Your personal blog is the jumping off point of all your marketing efforts. So the first step in any successful affiliate marketing business is building a good, credible and professional looking website. You must build a user-friendly website, which will attract your prospects and motivate them to click on the links to the products and services you are promoting and make a purchase. There are companies whose business is building websites that you can hire to build one for you. 

2. You must find products to sell, you must be able to determine whether there is a demand for those products and if people will actually buy them. You may either have your own original product or products that are made by others. Which ever way you go, you must believe in the products. 

3. It will be necessary for you to become an adept advertiser and be able to tell whether the advertising you are paying for is producing more income for you than the advertising is costing you. 

4. It is necessary that you have good mathematical skills. You will need to be able to track your sales and determine the profit, as well as, see to it that your suppliers are paid in full and on time. 

5. You need the full and unwavering support of your family and friends so that you can devote the time and energy necessary to launch your affiliate marketing business. 


Necessary steps to take to actually make money in affiliate marketing

Making money is the end of the process. The beginning of the process is education and there are several steps in between. Too many people, who are just getting started in affiliate marketing, fail to take the steps necessary to get to the end of the process and actually make money.

Step #1: Educate yourself. This is the key, opening the door of opportunity. It's also the common thread connecting successful affiliate marketers. Education lays the foundation - the building blocks to success. Start by gathering the best information you can find about affiliate marketing and absorbing it. 

Step #2: Turn that information into usable knowledge. Even the best information remains kind of worthless, however, until after you discover how to use it - how to make it serve your purpose. 

Step #3: Start applying the knowledge ... take action ...start building your affiliate business. Will you make mistakes, even though you've invested all that time educating yourself? Yes, you most likely will make mistakes.

Step #4: Test and tweak, test and tweak. This one never ends. And it's often the dividing line between succeeding and failing. Attention to small details often returns big rewards.

Following these steps will define you as a successful affiliate marketer. 


Are Affiliates in Demand?

Is there a demand for affiliate marketers today? Yes, there is a huge demand. As long as new products are hitting the market every day, there's always a need for affiliate marketers. Marketing is a boring job that producers are to do sometimes. So, instead of actually promoting their product themselves, they prefer hiring someone who will do it lot better, for a commission. 

You see, one of the challenges facing the affiliate marketing industry is that it sometimes sounds too good to be true: advertising that's guaranteed to work or it's free! Newcomers wonder if it's possible, and skeptics claim that the cost effective prices of affiliate marketing lower the bar for online advertising. But there is a good reason that affiliate marketing has experienced steady growth throughout the ups and downs of online advertising. It works. And affiliate marketing has evolved to become a reliable source of sales for a wide range of marketers.

Affiliate marketing has evolved from the early years when some touted it as the future of online advertising, and others claimed it was the downfall of the medium. It's now a sophisticated channel that generates anywhere from five to 25% of online sales for many of the world's biggest brands.

Almost all major multi-channel marketers have an affiliate program of some kind. The important thing to remember is that affiliate programs now come in all shapes and sizes. The concept of a wide-open affiliate program with an unlimited and uncontrolled number of affiliates is a thing of the past. Nearly all marketers agree that affiliates add value to an online marketing effort, but the program must be tailored to meet the marketer's objectives.

Furthermore, affiliate marketing did not bring an end to other, higher priced forms of online media advertising. The success of the affiliate marketing in delivering sales cost effectively by way of a pay-for-performance model paved the way for other forms of performance-based advertising, such as CPA-based search and portal advertising, to create acceptance among direct marketers. Affiliate marketing has evolved, with affiliates and marketers becoming more sophisticated and programs more integrated with other forms of online marketing.


The Age-Old Question Do You Need a Website?

I recommend it anytime any day. 

I have seen people that are very good at it, even without having a website or blog. Even the truth still remains that the most important thing that can rapidly aid the growth of your affiliate marketing business is having a website. And if a websites is too much of a thing, you can go for a blog (personal blog) through which you can easily write about your  products your promoting. 

Creating a blog is quite easy and cheap with bluehost: head over to Bluehost.com, pick up a hosting plan, something around 2.99 or 3 dollars a month, after which you will easily install WordPress and there you go. (see the step by step guide here). And if it is free blogger blog that you want (see the guides to setting it up here too). 

SEE THIS FOUR TIPS YOU MUST KEEP IN MIND BEFORE PROMOTING YOUR AFFILIATE BUSINESS WITH A BLOG OR WEBSITE. 

Let me reiterate, you see, the most important and indispensable tool to assure your success in the affiliate world is your own website or blogs. The very first thing to do in any successful affiliate marketing business is setting up  a good, credible and professional looking website or blog. Your website/blog will become the jump off point of all your marketing efforts. Therefore, you must first build a user-friendly website, which will attract your prospects and motivate them to click on the links to the products and services you are promoting and make a purchase. You must first focus your efforts in building a website that will cater to what your prospects need. 

While setting up a blog or website, you must be ensured that you make your website full of original, relevant and useful content. The most important thing you should consider is that almost all web users go online to look for information, not necessarily to go and buy something. People will love articles that are appealing and helpful. Infact, see here the fifteen good reasons why you should have your own business blog. 

You must use every possible means on your website to motivate prospects not only to visit your site but also to click and proceed to the websites of the products and services you are promoting. 

When you are creating your website, the possibilities are endless and are limited only by your imagination, originality, resourcefulness and resolve. You can always explore other ideas and adapt other strategies, which you think might help you become a high rolling affiliate marketer but not until you have a great website.


Choosing the Right Product

When you first start your online business, the very first and the most obvious question you will ask yourself is…what am I going to sell? Points to consider when deciding the answer to that question are:

· Is it light and easy to ship?

· Is it a digital good that is downloaded (e-book or software)?

· Is it perishable or fragile?

· Does it have to be seen and held (designer fabrics, perhaps) 

· Is there enough demand to make your venture profitable?

· Does it have little competition from large online companies (niche products)?

The last two characteristics are the ones that can be hard to pin down. Here is a generally accepted method of arriving at an idea of how heavy the demand and competition is for a product.

If you have a special interest in some products that meet the above criteria, great, but don't limit your investigation just to items you like. You are looking for a niche product with relatively good demand (enough to make it profitable), but without heavy competition. 

One way to see what the demand is for products you are interested in is to look at search engines to see how frequently people search for the product you are considering. 

The result of all this research should be that one or more products will fit into a niche market - products with some demand, and relatively little supply. For the best results, focus on one niche product category, and offer a wide selection. That way, you can become the best online source for that particular category. For example, instead of offering general craft supplies, offer the widest possible selection of needlepoint kits. This strategy will also allow you to rank higher in search engines because you can optimize your pages for fewer, more specific, keywords.


I HAVE DONE A POWER RESEARCH ON FINDING PROFITABLE NICHES TO PROMOTE:  TITLED: NICHE RESEARCH BLUEPRINTS: Uncovering Profitable Niches in 7 easy steps. CLICK HERE TO GET YOUR COPY


Why not create your own unique product 

Have you ever think about it, instead of promoting other people's work, why not also find a way of creating a software, r writing a report, just anything that can solve a problem. Set a commission on it, and relax, watching affiliate marketers promoting your work while money keeps on rolling in. 

This will serve as an additional revenue streams to keep your business going and secure in this contracting economy and uncertain world. Producing specialized content for sale is one of the fastest, most reliable methods of making extra income fast. Writing a "white paper" or a special report, is a great way to set yourself up as an expert in your field, and share valuable information with your prospects.

You may already have most of the write ups for an e-book or special report in your files jotters or  archives. Find out which articles make customers willing to pay you for material available from other sources, and what elements you should include in your marketing copy to spark their interest in buying now.


Here are the steps to take when writing your special report:

· Have your end goal in mind before you start.

· Do you want to find a way to increase sales, while reducing your cost to acquire those sales?

· Who are you trying to impress and what is important to them?

· What distribution method will be best?

· How many people do you want to impact with this report?

· Make sure the layout of your special report looks pleasing, and is very easy to read.

· Keep in mind that it’s basically salesmanship in print.

· Keep your facts accurate, very brief and to the point. The denser your information, the more valuable and more likely to keep the interest of your reader.

· Write an attention getting headline. 95% of your readers will decide if they will read your special report based totally on your headline, so make it great and make it benefit driven.

Get it on the web. When emailing others, include your white paper URL in your SIG line of your Email or include the URL when promoting your special report on Email discussion lists.

See here: how to create a viral marketing Ebook That Guarantees Passive Monthly Income. 

You can equally read here the wonders of using PLR to create your own unique products and at the same time building you email empire. 


Have a Mailing List of Your Own

No matter what type of business you are into, you’ll need a mailing list. The basic way to getting a mailing list is by capturing name and email address information for everyone who buys or shows interest in your product.

It is a common saying that the money is in the list. Which means, the higher the number of your email subscribers, the higher the chances of you getting more people to click on your affiliate links.

An email list that YOU COLLECT YOURSELF is worth its weight in gold. This can be accomplished by using a list manager on your site. List managers also provide the HTML coding for the form on the Gateway pages. A list manager collects the email addresses that are gathered with the form. Thus, your email list is collected. This might take some time so there are methods to use until you get your own email list built.

One way to build a mailing list is to do ad swaps with other list owners. The way this works is, you (as company A) have an email list that you send newsletters to and another list owner (company B) has a list they send newsletters to. Company A and Company B place ads on one another’s mailing lists. Each of you is promoting the other’s list. 

You can rent or buy targeted email lists. The list you develop using your own customers’ names is called your “house list.” Of course, when you’re first starting out, your house list is likely to be skimpy. To augment it, one way to go is rent or buy a mailing list. There are two ways to buy or rent a mailing list approaching the company you want to rent from directly or using a list broker. Any company that emails information to its customers usually has a list manager, who handles inquiries and orders for the mailing list.

Another way to build an email list is to list your newsletter in all of the ezine directories. 

Finally one major way that most people enjoy is by doing giveaway. With which they will tends to capture the emails of their clients. 

Capturing email and sending out Autoresponder email to your list is well simplified by (Get response and Aweber) check them out. 


Making Back-End & Residual Commissions

Residual income puts money in an affiliate marketer’s pocket without any work or effort on their part. It doesn’t get any better than that. Sales of back-end products allow you to get paid for work that you do more than once. The idea here is to work smarter…not harder. 

So what are back-end products? They are products/services you offer to existing customers, i.e. to people who have already bought a first product (front-end product. lead product) from you. 

Most online marketers make much more money selling customers the second, third, fourth etc. product than selling their first product. The reason is that people who've already bought from you once are much more likely to buy again. 

Strategies like back-end offers shifts the focus from the short sighted "take the money and run" strategy that is so much in use on the internet today. You've seen these sites all over. The focus is on getting a massive amount of traffic and then selling visitors an over-priced product that doesn't deliver what was promised. They might make money in the short run but they will only sell to each customer once and will have to continue spending a lot of money on advertising to get new suckers to visit their site. 

More successful sites focus on building a strong relationship with their customers. Your main goal shouldn't be to just make sure your customers are somewhat satisfied...you want them to be extremely satisfied. If you deliver the goods, your customers will trust you more. If you have their trust, you can sell them anything. When you send your very satisfied customers an email offering another product that they would be interested in, they will flock to your site to buy it because they trust you. Trust is everything.


How much can you make with Affiliate Marketing?

I don't know, it totally depends on you. If you study further and you diligently do your research, acquire more marketing tactics,, nothing will stop you from earning six figure on monthly basis. At least I have seen Full stack marketers that earns nothing less than $1,000 on daily basis.

That's why I will recommend that you get a free copy of this powerful report. AFFILIATE MARKETING IDEAS HERE


READ MORE: