- Brief Introduction
- Choosing Your Winning Products
- Creating a Productive Sales Funnel
- Increasing Conversions
- Increasing Your Commission by Blogging
- Winning Affiliate Competition
- Getting More Affiliate Income
- Putting Your Campaigns to the Test and Keeping Track
- Getting the Most Out of Your Content
- Building Relationships by Creating Communities
- Offline Customer Acquisition
- Practicing Your Copywriting
- Using Joint Ventures to Increase Affiliate Revenue
NOTE: This report is also made available in ebook format which you can easily download freely, for further study.
Affiliate marketing has become a household business that millions of people has gotten acquainted with over the years. It is one internet business that has made millionaires of many people. Yes, millionaires only to those that took out their time to learn and understand the Practices and the Dynamics involved.
Affiliate marketing has aided the growth of several internet businesses, including Amazon.com, Clickbank, and others. Amazon.com was one of the first companies to use affiliate marketing, and it now has thousands of connections with affiliates.
Affiliate marketing is in a class on itself when it comes to making money. You won’t have to worry about supervisors breathing down your neck, and you’ll have complete control over your business and website.
Affiliate marketing also allows you to promote products that you know and love by including links and banners on your personal website. You’ll get paid for each product you represent that is purchased, so there’s no excuse not to take part.
Everything you’re about to read here today is a complete practical approach or practice with examples on how to become successful in affiliate marketing.
Choosing Your Products
Choosing the right and most profitable products is the very first thing to work out as an affiliate marketer in affiliate marketing, its not majorly on the marketing. In fact, the product you choose will determine your marketing approach.
Here’s how to do it:
Tip #1: Look for products that have proven track record of success. Choose products that are at the top of their categories (i.e., best sellers) and have high gravity numbers (between about 75 and 150) if you’re searching on Clickbank.com. Also, inquire about the vendor’s conversion and return rates.
Tip #2: Don’t select products just on the basis of their pricing alone. A high price + a high commission % means a high profit margin?
Not always actually.
Low-cost products can sometimes be used to attract new customers into your sales funnel. So add a few $5 to $50 products to the mix, and you might be amazed at how well they convert and how many new clients you get!
Tip #3: Choose products that will last a long time.
You can sell whatever affiliate product you want if you’re sending out live broadcasts to your list. But then, Consider “evergreen” products if you’re selling via long-term techniques like blogging and article marketing.
These are products that were relevant last year, this year, and for a long time to come. That means you can profit from these products years after submitting your content to article directories.
For example, a book teaching marketers how to create effective sales letters is evergreen since these basic copywriting “rules” have existed for as long as people have promoted. A book on how to optimize web pages for Google, on the other hand, is not evergreen because search engine algorithms change constantly.
4. Keep an eye out for sales page flaws.
Vendors can get caught up in their own earnings and forget that their strategy is harming their affiliates. A Clickbank.com vendor, for example, who uses 2Checkout.com payment buttons or encourages clients to call in their orders is robbing affiliates of their commissions.
You can avoid this by reviewing the sales page (and the sales procedure) before signing up as an affiliate. The following are some of the most prevalent sales page flaws:
· Different paymentoptions that don’t give the affiliate credit.
· Upsell optionsthat, when chosen,override the affiliate’s cookie (and the affiliate losesthe commission).
· Google AdSenseads on the sales page.
· Links to other productson the sales page.
· Prospects get put onto a mailinglist that redirects them to a sales page that doesn’tgive the affiliate credit.
Tip #5: Be wary of cunning producers or Vendors.
The sales page leaks indicated in the previous tip are usually honest merchants’ faults. They’ll swiftly repair the error if you point it out.
Some dishonest vendors, on the other hand, employ alternative payment commissions, inaccurate tracking software, and other methods to defraud you of your commission. Indeed, some suppliers may fake refunds to hide the fact that you are due money on your affiliate account.
Always interact with well-known, respectable people in your niche to protect yourself from these kind of suppliers. If you’re thinking about dealing with someone new, Google his name, email address, website, and product names to see if he has a long, positive online history. If you notice a pattern of customer or affiliate complaints, then go on to another vendor.
Tip #6: Use reliable affiliate tracking systems.
On their websites, vendors may add their own affiliate tracking scripts.
You might want to join these affiliate programs if you’re 100 percent convinced that the vendor is trustworthy – and if others who have used the script have reported positive outcomes. Otherwise, go with reliable affiliate networks like Amazon.com and Clickbank.com, where you can be sure your sales will be monitored and you’ll be paid.
Tip #7: Look for products that pays high commissions.
The commission rate varies according on the product you’re selling.
For instance; selling physical products (such as laptops) could earn you as little as 5% commission. However, if you’re selling digital products, you can normally expect a commission rate of at least 40%, with 50% being the average. On downloadable products, however, you can sometimes get close to 100% commission rates.
If you come across a digital product that offers 25% commissions but doesn’t involve personal service from the vendor (such as software installs or personal coaching), pass it up. Similar products that pay at least a 50% commission are likely to be found.
Tip #8: First, find a hungry niche… then find a product to advertise.
Some new affiliate marketers come across a product and are seduced by the promises of a high commission rate and large income. However, when they launch the product, they discover that there is minimal demand for a “how to” instructional video for pygmy goat producers.
Instead, discover a hungry niche, figure out what they’re already buying, and then market something similar to them. If you want to offer information products, the simplest option is to go to Clickbank.comand look for the top sellers (those at the top of their categories that have a high gravity).
Tip #9: Only promote products that you would buy yourself.
Alternatively, if you’re not in the niche market, only promote products that you would recommend to your mother or best friend.
To summarize, don’t let the prospect of large commissions and a high conversion rate blind you. Your main goal is to assist your customers. If you’re looking for a new job,
As a result, focus your efforts on assisting your customers by recommending quality products. As a result of your actions, they will be more likely to buy from you in the future. It’s a win-win situation for everyone.
Tip #10: Join your niche’s JV and pre-launch lists.
If you’re a well-known “super affiliate” in your field, manufacturers who are ready to release new products will send them to you for free in the hopes that you would market them. You may usually make a lot of money on launch day because you’ll be one of the first affiliates to market these products.
What if you’re not a super affiliate, though? How do you get notified when a new product is released? Simple:
Join notification lists for joint ventures (JVs) in your niche.
Example: Join www.jvnotifypro.com if you’re selling online marketing products. If you’re not in that field, do a Google search for “JV chances,” “affiliate opportunities,” and “pre-launch” along with your broad niche keywords.
Subscribing to all of the major marketers’ newsletters in your niche is a good idea. If there aren’t any JV notification sites or lists in your niche, sign up for all of the major marketers’ newsletters. In general, the most powerful marketers will be notified in advance of product releases and/or will pre-notify their prospects about their own launches. After that, you can write to the product owners and inquire about joining the pre-launch affiliate program.
A Quick Review
That concludes our list of ten suggestions for selecting successful products. Following that, you’ll learn how to create a productive sales funnel…
Creating a Productive Sales Funnel
You’re squandering a lot of money if you send your visitors straight to the vendor’s sales page. That’s because creating a sales funnel, stocking it with products, and then selling these affiliate products to “warm” prospects will yield higher returns.
Here are nine ways to increase the earnings from your sales funnel…
Tip #11: Create a responsive mailing list.
People like to purchase from people they know, like, and trust. That means if you send your prospects straight to the vendor’s page, they’re unlikely to know who you are or who the seller is. As a result of this, the conversion rate will be very low.
Instead, get your visitors to sign up for your mailing list. You’ll be able to establish a relationship with your subscribers and gain their trust this way. These “cold” guests have now turned into “warm” prospects… and your conversion rate soars to new heights! Build your list, or the business dies: (Read More).
Tip #12: Create a squeeze/Landing page.
People used to freely provide their email addresses to nearly anyone in the mid to late 1990s. They signed up for newsletters because they enjoyed receiving emails. Because email was such a novelty, they didn’t mind the spam.
That is no longer the case. People now guard their email addresses with the same zeal as a mother grizzly guards her cubs. As a result, the words “free newsletter” will not entice readers to join your mailing list. Instead, you must create a sales page (often known as a “squeeze page”) that persuades individuals to join your mailing list.
As a result, you’ll need to design a short page that explains what your subscribers get when they sign up for your newsletter. What benefits will they obtain, in other words?
For instance, one of the advantages of subscribing to a dog training newsletter would be: “You could have a perfectly housetrained dog in just 72 hours!”
Tip #13: To increase subscribers, provide a relevant freebie.
Just as you would offer a free bonus to improve the number of people who buy a paid product, you should offer a relevant freebie to raise the number of people who buy a free product.
• A free ebook or other downloadable text product could be offered as a freebie.
• A complimentary audio product, such as an audio book.
• Free teleseminar or webinar access
• A video that is available for free.
• Tools or software that is available for free.
• A no-cost e-course.
Extra Tip: Find out what your prospects are already buying and offer something similar as a freebie. For example, if a popular Clickbank product is how to lose weight on a low-carbohydrate diet, you may develop a report on the same topic and give it out for free to anyone who joins your list. The report should, of course, aid in the pre-sale of the goods and include your affiliate link.
Learn more: How to create a squeeze or landing page, with the review of the four best autoresponder and landing page builders.
Tip #14 Create an autoresponder series.
As previously said, you can give a free multi-day ecourse to individuals who sign up for your newsletter as a bonus. Even if you don’t provide a specific ecourse, you should still send out at least 7 to 12 messages that are part content and half pitch to your autoresponder.
You can utilize the promotional elements of each email to pre-sell a product, while the content will help you create a relationship with your subscribers.
Example: You’re selling online marketing products, for example. You make a seven-part autoresponder series that explains how to write a solid sales letter. You include a pitch for a copywriting product (like headline-generator software or a “swipe file” book) in each mail.
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The Simple email approach to earning 7 figures online.
Tip #15: Automate your affiliate marketing.
You can construct a three-month, six-month, twelve-month, or longer autoresponder series instead of a seven- to twelve-part series.
A one-year autoresponder series, for example, would only require 52 weekly messages with evergreen content promoting evergreen products. Then you can concentrate on growing your list while your “autopilot sales funnel” closes purchases and puts cash in your pocket!
Example: Create a 52-message series, titled “52 Weight Loss Tips” or “52 Ways to Make $100.”
Tip #16: Demonstrate your concern for your readers.
They’ll notice, if you treat your newsletter subscribers and prospects like small ATMs (cash machines). They’ll flee from you as quickly as a cat attempting to avoid a bath.
Instead, show your readers that you care. Empathize with them. Make it clear that you are aware of their difficulties and that you genuinely want to assist them. This is accomplished by:
Empathizing (for example, “I understand how embarrassing it is to have your dog almost knock your guests over…”).
Being truthful in your product evaluations.
Using only GOOD products to promote (see Tip #9).
Even if it’s a free product, recommending the best product.
(This doesn’t put money in your pocket in the short term, but doing so builds trust… and that means more money in the long term.)
Tip #17: Keep your subscribers reading.
When you “bribe” prospects to join your list with a freebie, some subscribers take the freebie and then stop receiving your newsletter. As a result, you won’t have the chance to develop a relationship (much less make an affiliate sale).
What is the solution?
In your very first email, provide an unanticipated freebie. Also, inform your new members that they will be receiving more “surprise bonuses” in the near future. (And keep your word by sending out freebies around once a month.)
This simple action will ensure that your subscribers open and read your emails. As a result, you’ll have the ability to create a relationship with them and offer them more affiliate products. 5 unique ways to nurture your new email subscribers
Tip #18: Meet the expectations of your subscribers.
When your subscribers first signed up for your mailing list, you set expectations for what kind of content they’d get from you and how often they’d get it. You must meet their expectations in order to keep them reading.
Assume you told them you’d send them a “weekly content-filled newsletter.” Instead, if you send out two emails each month that are solely product pitches, your subscribers will be unsatisfied. Subscribers who are dissatisfied will quit reading your emails (or even unsubscribe).
The point is that it doesn’t matter WHAT you send them as long as it meets their requirements. If you told them you’d send them product reviews up front, then send them product reviews. If you told them you’d send pre-launch notifications or product discounts, then do that. And if you told them you’d send weekly tips, then meet those expectations.
Tip #19: Promote your business in other people’s newsletters.
You don’t have to limit yourself to producing money through your own newsletter. You can also generate money by purchasing ezine and solo ads and placing them in other people’s newsletters.
Look for publications with a good track record of producing high-quality material (the kind you’d want to keep your subscribers reading). Then inquire as to whether he takes paid advertisements. If that’s the case, inquire about his demographics (e.g., where he got his subscribers and who they are). Finally, inquire whether you may begin with a tiny ad purchase. You can buy more advertising from him if you receive good results.
Extra Tip: Don’t send traffic to an affiliate link as an extra tip. Instead, direct them to your squeeze page, where they can sign up for your newsletter.
A Quick Review
You just learnt how to make money by using a newsletter to get visitors into your sales funnel. You also learned how to profit on the newsletters of others.
Then you’ll learn pre-selling strategies that will help you increase your conversion rates quickly and effortlessly! Continue reading…
By now, you’ve know that sending traffic straight to the product sales page is a bad idea. Instead, create a list and then pitch products to it. You shouldn’t, however, send your subscribers straight to a sales page.
Tip #20: Provide Reviews on products.
Writing a product review is one of the most effective techniques to pre-sell a product. But don’t just make a list of all the good products. You should also include a list of the product’s shortcomings. That’s because your customers are aware that your product isn’t perfect. They won’t trust you if you try to offer it as a perfect product, and they won’t buy from you if you try to market it as such.
Example: “This homeschooling bundle includes fantastic science, history, and English lesson plans.” The math plans, on the other hand, leave a lot to be desired. This is due to… a variety of factors.”
Tip #21: Make comparisons between products.
If you’re evaluating two or more related products, you can use a product comparison to pre-sell each of them.
You must portray both products honestly, just like you did with the product review (flaws and all). Finally, you should make a suggestion for the product your readers should purchase. Tell your readers who should buy the goods if the products are aimed at people with significantly different demands.
Example: “Get [name of product] if you’re primarily interested in learning more about fitness plans that will help you lose weight.” Get [name of product] if you’re more interested in having a complete menu plan…”
Tip #22:Pre-sell pitches should be written.
A product review may or may not be able to pre-sell. Instead, you use a direct pitch to pre-sell the product, in which you highlight the product’s primary merits.
Extra Tip: Sending a pre-sell pitch to your list works best because they already know and trust you. If you’re getting traffic from other places, reviews and comparisons will probably help you out.
Tip #23: Create pre-launch anticipation products before release.
Some marketers make the first mention of new products on the day they are released. If you spend a week or two generating anticipation for a product launch, you can sell more products.
Extra Tip: Good product sellers will give you with pre-launch marketing materials to send to your mailing list. You can, however, conduct “pre-launch” product reviews and pitches to pique your prospects’ interest. They’ll buy the product on launch day without even reading the sales page!
Tip #24: Allow customers to peek inside the product.
People who can visualize the thing (and picture owning it) are more likely to purchase it. As a result, you can increase your conversion rate by including screenshots and even video of areas of the product’s interior.
You could, for example, offer a screenshot of a book’s table of contents. You may also show a video of yourself browsing through an ebook chapter.
Note: Before using this strategy, make sure you have permission from the product’s author.
Learn More: How to increase your business conversion rate with a free presell report.
Tip #25: Write reviews for products you don’t recommend.
You learnt before that discussing a product’s shortcomings as well as its strong qualities can help you raise your conversion rate. You probably still endorsed the product as long as the benefits exceeded the drawbacks.
So, what if you come across a product (especially one that is brand new) that you would not suggest to your readers and visitors? Many affiliates would rather not write a review. But, even if you don’t include a link (and consequently don’t earn any commissions), you owe it to your readers to provide them with the information they’re looking for.
No, you won’t make money if you don’t promote a product. However, you will earn the respect of your readers. In the long term, this translates to increased sales!
A Quick Review
You’ve just learned six techniques to increase revenues by pre-selling items. You’ll discover how a blog can help you make more money.
Increasing Your Commissions by Blogging
It’s common knowledge that you shouldn’t direct your visitors to a vendor’s sales letter. So far, we’ve primarily discussed converting website visitors into newsletter subscribers.
Now let’s take a look at how blogging can help you make more money from affiliate marketing…
Tip #26: Make Use of WordPress. You can choose from a variety of blogging alternatives, including installed software and third-party hosted solutions. However, the self-hosted WordPress (WP) platform, which you can get at www.wordpress.org, is one of the best.
Here are five strong reasons to use WordPress:
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