Imagine having the ability to increase your sources of income and amount of income year after year regardless of what the economy is doing at any particular time. Would that make you feel better and get more sleep at night ? Well the good news is that online affiliate marketing can provide you with just such an opportunity.
What Is Online Affiliate Marketing
Basically it is a performance based marketing program in which affiliates are compensated for helping merchants make sales by sending interested prospects to the merchants site. There are a large number of well known online merchants like Clickbank.com, Amazon.com, CommissionJunction.com, etc, etc, that have affiliate programs in place.
How Does Online Affiliate Marketing Work
The process is very simple and pretty straight forward, which is one of the reasons that it works so well. Here are the basic steps that you would need to take :
Step 1.) Your first task is to pick a profitable market sector or niche that you would like to work with. Next you will need to identify a few good products that you would like to promote and which also have affiliate programs in place.
Step 2.) Once you have found a merchant that has a product or service that you would like to promote, you would then go to the merchants home page and look for an affiliate program page. From the affiliate program page you will be able to learn more about the specific details of there affiliate program and you will also be able to fill out an affiliate application.
Once your application is approved, (which may vary in the amount of time it takes and is solely up to each merchant) you will receive an affiliate link which is used to keep track of all of the visitors that the merchant receives from your marketing efforts.
Step 3.) Now your goal is to find the most effective ways to get interested prospects to click your link and visit your merchant's site so that they can purchase the product or service that they are interested in.
You as the referring affiliate will then earn a commission on each qualifying sale that you helped to generate through your affiliate link.
Benefits Of Online Affiliate Marketing
There are a lot of different benefits that you can enjoy as a result of learning how to make online affiliate marketing work for you. The list of benefits will vary from person to person depending upon everyone’s individual situation, however here are 5 of the most popular benefits that most people seem to like the most :
+ No sales experience required - You do not have to do any actual selling, order fulfillment or customer service responsibilities. All of these items are handled by the actual merchant or product owner. Your primary focus will be on marketing and promoting to generate interested buyers to your merchants site.
+ Flexible Work Schedule - As long as you are productive enough to generate the number of sales that you need in order to achieve your income goals, you can work at what ever times or locations (your bedroom, the kitchen table, a coffee shop, etc) that works best for you.
+ Low Startup Cost - A traditional brick and mortar business could easily require a $10,000.00+ initial investment for things like renting an office, purchasing furniture and equipment, etc, etc.. In most cases you can start your own online marketing business for a couple of hundred dollars (or less) and be in profit mode within a few short weeks.
+ High Earning Potential - Some products allow you to earn as high as 75% commissions for each sale made. This is often the case with products that sell for less than $100.00 however there are plenty of cases where you can earn a 50% commission on products that sell for well over $200.00 and up.
+ Unlimited Income Potential - There is no set minimum or maximum amount of income that you can make. It all comes down to how much do you want to make and how long and how hard are you willing to work to achieve your goals.
How To Use Online Affiliate Marketing To Make Money Online
As an affiliate you do not need to worry about trying to sell the actual product or service, that is the job of the merchants sales page. Your job is to find as many different, effective marketing strategies and methods as possible to generate sales through your affiliate link. This can be done in a variety of ways such as :
* Content Creation - Creating high quality search engine friendly content that you can post on a blog or website.
* Email Marketing - Building a subscriber list from your blog or website and then creating an autoresponder list to provide regular content and promotional offers to your subscribers.
* Social Media Marketing - Posting engaging content on popular social media sites like Facebook.com, Twitter.com, LinkedIn.com, etc, etc...
* Forum Marketing - Posting useful content in forums related to your niche, with a link back to your site in your signature profile, is a great way to generate traffic to your site.
* Classified Ads - Using websites like Craigslist.com, backpage.com, Freeads.com, etc, etc...
* Paid Advertising - Starting out with small media buys such as banner ads and then expanding to pay-per-click (PPC) advertising is a great way to get traffic to your site quickly.
These are just a few examples of the basic steps that can be used to help you quickly and easily learn how to use online affiliate marketing to work from home, supplement your income and begin to make money on the web.
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