Are you serious about making money on the Internet?
There are many ways to make money online. They all involve selling a product or service. The easiest way is Affiliate Marketing. That is promoting a product or service not owned by you.
Thank you for reading this post, don't forget to subscribe!The owner of the product or service provides you with a special link to their offer. If someone clicks on that link and makes a buy you get a commission. An example is the headline above.
Are you serious about making money on the Internet?
That text contains a link to an offer. If you opt in I am paid a commission. You pay no more for the item. The company pays me a fee for taking you to their offer. That’s easy isn’t it?
Watch this affiliate marketing explainer video
An affiliate marketer can work from anywhere they can get online. I’ve worked from Internet cafes in many countries. The image here is a site in Egypt. The connection was very slow, but I got the work done that needed doing.
Afilliate marketing is a game changer, especially in these days of Covid-19 restrictions and business closures. All you need is a computer and a connection to get online. You don’t need a website, although many affiliate markets have at least one. The Amazon affiliate program requires a website.
Click on any link in this article and you’re are taken to an offer. If you purchase the item I earn a commission. Not all affiliate relationships are the same. Click on this “computer” link and you are taken to Amazon. I have you as an Amazon customer for 24-hours. During that time anything you purchase on Amazon.com earns me a commission.
Online success comes when you understand the rules
Each affiliate opportunity runs by rules. An example is Amazon’s Partner program. Each product category has a different commission structure. And Amazon requires at least 3 sales within 180 days or the agreement is cancelled. Amazon can cancel the relationship at will for a variety of reasons. Amazon dropped me because it didn’t like my website. After a couple of months I opened a new affiliate account with the same site, making no changes. That is the nature of the Internet.
With most offers you never know who is purchasing an item. It is best to build an email list of customers to capture names and promote to your customer list. It is said every name on your list is worth $1 a month. I explain email marketing in another post on this blog.
Starting your affiliate business
Usually I advise newbies to “buy nothing!” Search the Internet for affiliate marketing articles and videos. That way you get free detailed information from many sources explaining the ins and outs of making money online. Anyone can make a few dollars on the Internet. The average is less than $300 to $500 a year. You’ll encounter offers promising (with legal reservation) thousands a day into your bank account.
I know personally a very few Internet rock stars making six and seven figures via their Internet business. But that is not normal. You can earn $10,000 a month – gross. It takes money to make money, so the net earnings are often hidden. And the money doesn’t come as easily as indicated by high flying gurus.
Here’s what I recommend.
- Sign up for a free Clickbank account. Clickbank is a platform where affiliates and product producers come together. The Clickbank blog provides great information on various aspects of affiliate marketing. FYI- I earn no commission for recommending Clickbank.
- Although I generally tell people to avoid spending money when starting affiliate marketing I do suggest signing up for Clickbank’s Spark training program. I get no commission from Spark.
- Use the Internet for free affiliate marketing tutorials and videos. You are starting a business, not a hobby. You are the owner/operator of the business and need to know the ins and outs to effectively earn recurring income.
- Be patient. Success does not come overnight. Avoid useless and cheap (or very expensive) training/mentoring programs that promise the moon. Thomas Edison failed 10,000 times attempting to create the lightbulb. You cannot expect to be a winner right out of the box. It takes time and a firm foundation for success. I’ve invested many years in my business and hope you avoid the mistakes I made along the way.
- Sell what you know. Whatever your strongest skill there is a market for what you know.
- The top 3 online purchases are for:
- Relationships (love life)
- Wealth (making money)
- Health (exercise, diet, vitamins)
Joining an affiliate program
When you join an affiliate program make sure it provides you with all of the tools necessary for success. Profitable companies know that if you give people the tools necessary to succeed, this will inevitably help them as well in the long run. The tools that they should provide include proper training, tutorials in PDF format, videos to market with, articles, sample articles (swipes), and emails that you can use with an autoresponder in order to generate traffic.
The more that you receive, and the more instructions that you are given, the easier it will be for success with any affiliate program that you choose to promote.
Next, you have to look at the track record for the products that you were going to market. In many cases, they will provide statistical data that will show you exactly which programs are selling the best, and give you at least a general idea of what type of marketing will generate the best results. As long as you have this information at your fingertips, you will be able to start a promotional campaign that will be profitable from the get-go.
However, if the track record of an affiliate program is not very good, or there is not enough data to go on, you should probably find a different affiliate program to try, one that has exceptional and proven results.
Conclusion
Finally, to be an affiliate marketer actually making a good living on the Internet, you might want to think about branching out to off-line marketing. This entails visiting businesses that may find what you are offering to be beneficial for their own business. This could be anything from Web hosting to domain names. As long as it is business oriented, and it helps them make more money, they will certainly work with you and buy your products or services if their bottom line is going to increase.
The best way to succeed with any type of affiliate marketing is to truly know your audience. Know who wants to buy what you have to offer. Present the offer to them in a way that makes them want to own it for themselves. Make sure you have all of the marketing materials that you need. Check the affiliate program that you are going to market for past success.
Armed with this information, and the strategies that we have provided, you should find your first venture into affiliate marketing something of a success.
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