This is for those who would like to learn how to begin affiliate marketing.
Affiliate marketing can be likened to the commission only salesman. There are many companies looking for people to promote their products. They pay them a commission for any sales they get by selling their products. A few words of advice – pick the niche before you start. You need to do some work of your own in finding products you can give away.
What Is Affiliate Marketing?
Affiliate Marketing is promoting and selling products on behalf of other people. You become part of their unpaid sales force until such time as you make a sale. You get paid a commission on that sale. The amount of commission paid is something you will agree on before you start promoting the products.
With physical products the commission on sales is generally below 10% of the sale price but with eproducts it can be as high as 80%, although it is more common to see it around the 50% mark. The main reason for this is there is no production costs involved. For example to buy a physical book someone has to print the book and possibly have illustrations designed. For the same book as an ebook there are no costs involved. If the person who buys the book wants a hard copy rather than an electronic copy then they can print it on their own printer causing no costs to the book author.
As an affiliate marketer you would be looking around and buying products to see if they would be something you would like to be associated with. If they are you start promoting them and get paid for doing so.
Why Would You Be An Affiliate Marketer?
If you work as an affiliate marketer you have no worries about products and follow up, as that is all handled by the owner of the product. You are literally finding customers for the owner of the product, and forwarding the customers details to the product owner or supplier. At this point your job is done. If there is a problem with the product or some other complaint about it, that will go straight to the supplier for it to be sorted out. Of course should the supplier refund the money you will lose your commission on that particular sale.
The affiliate marketer does not have to write the sales copy, find the pictures or the banners for the product. This is all supplied by the supplier or owner of the product. And for this you are going to be getting paid for each sale.
It is important that you do your due diligence on any product you are going to recommend or promote. By doing this you have a much lower chance of people complaining. Don’t forget it only takes one complaint to blacken your name and then it is extremely hard to regain the trust of your potential customers. Also, read the sales copy. Does it entice you to buy the product? If the answer is no then this is probably not a good product to be promoting.
Where Could You Be An Affiliate Marketer?
There are many places you can be an affiliate marketer. Providing you have access to a computer that is connected to the internet then you can be literally anywhere in the world. With today’s modern technology you are not stuck with just the places you can physically reach. I am speaking to people all over the world on a daily basis, and there is nothing to stop you from doing the same.
Who Can Be an Affiliate Marketer?
Anyone who wishes to earn a living with affiliate marketing. There are no qualifications needed to be an affiliate marketer!
If you can compose a few emails then you can promote products. You may find some email swipes that are there for you to use. A word of advice here, change them a little to make them your own. Let your personality shine through.
Sometimes with eproducts you will give bonuses to entice potential buyers to purchase from you rather than from a competitor of yours that is advertising the same product. The higher the perceived value of your products the more chance you have of making the sale.
Where Do I Find Products To Promote?
Amazon, ClickBank, Share a sale, JVZoo, Commission Junction and many others have affiliate programs that you can join. Also, look for any products in you niche that are sold directly by the product owners. The often have an affiliate program of their own that you can join. There are many thousands of products available on the internet and irrespective of the niche you are in there will be something out there to cover your niche.
How Do I promote The Products?
Website, email, direct mail, article marketing, blogs, video in fact any type of marketing method you can think of. Many affiliates have a website where they promote their products. They also use other forms of marketing keeping to the ones that work best for them. You can use list building and email marketing together to promote the products. Writing reviews of the products you are promoting will help your marketing efforts.
There are sites that tell you about upcoming releases of new products. You can use these to give you advance warning of what is going to be available in the near future. You can use this information to start your list building efforts in the niche you are going to be promoting. This also gives you the opportunity to get together some bonus items to give you the edge on others promoting the same products.
When Can I promote Products?
Any time you want, providing the owners have not put a limit on promotion times. The best time to promote is when a product first becomes available. While many others will also be promoting at this time you will be at the forefront when it comes to the promotion. This is especially true if you have your bonuses available to promote the new product with
Many people make healthy a living from affiliate marketing. Some are consistently making 6 figures and more per year, with their affiliate marketing systems. Those making the higher earnings are generally selling eproducts rather than physical products. There is a much larger commission available with eproducts.
If you are going to be a successful affiliate marketer you may have to go into the realms of producing your own product(s). If it is an ebook or report you can get ghost writers to do this for you.
This is how to begin Affiliate marketing.