Just two things are needed to earn significant income as an online affiliate. The first is traffic, visitors to your website, ideally visitors with something defining in common (mothers, Catholics, stay at home dads, etc.). The second is at least one product or service in which they are likely to have a strong interest.
Remember, your website visitors constitute your market, so the more you know about them, the greater the revenue streams they can provide for you, initially and subsequently. Try to determine their age, gender, interests, consumer habits, and other relevant characteristics.
Most of all, be sure you understand why people come to your website. What do they think it is going to offer them? What are they hoping to find?
The more you know about your visitors and why they take the time to visit your site, the better your chances of determining what they may want to learn more about and/or purchase. You can get thousands of visitors an hour to your website, but all you'll get out of it is an ego boost if you don't figure out how you can earn money meeting their needs (or perceived needs). Don't worry if you are not immediately successful...try as many products as necessary until you find "winners". You need not hit a home run on the first pitch.
Be sure to consider lead generation programs as well as programs which pay you on a per sale basis. Depending on the content of your site and the demographics of your visitors, they may be more interested in receiving car insurance quotes, for instance, than in buying auto accessories. Some programs pay you very well just to help them identify prospects for whatever it is they sell.
Because all sorts of companies want to build their mailing lists, you can even earn a commission when someone signs up for a coupon, a free restaurant meal, a few trial issues of a magazine, or countless other freebies.
Obviously, you want to consider programs which pay high commissions, but your own sales and/or sales leads do not have to be your only source of revenue. Try to find programs which will pay you for attracting other affiliates, particularly two and three tier programs. One program to which I belong pays me 10% of the earnings of everyone I sign up.
Choose your affiliate program(s) with care. I suggest you confine yourself to those that:
1. offer you good online tracking and statistics so that you can see how you're doing and what you may need to tweak. You need hard statistical information to make good marketing decisions.
2. provide you with tested, successful advertising copy and/or banners.
3. offer you assistance, and/or advice when you need it (not two weeks later).
4. offer a valuable, reasonably priced product or service which your website visitors are likely to want.
Be sure you offer your visitors a newletter, a small gift, or some other incentive to obtain their email addresses. That way, you can invite them back to your site when it changes or offer them opportunities to purchase products you believe may be of interest to them. But, do not send emails without permission, and do not send them excessively...the goal is to create trust and longterm customers.
Finally, follow the great advice I once got from an extremely successful businessperson. Track and analyze everything that moves.
About the Author:
Daniel Z. Kane is a college dean who has created websites on college scholarships, financial aid, online schools, online colleges
, and online degrees
.
, and online degrees
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Tags: affiliate marketing online business business advice building a business marketing becoming a successful affiliate marketer business lead generation commission sales online sales online marketing freebies marketing techniques
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