Access this “affiliate marketing pdf download”Â here. Affiliate marketing is basically referral marketing. You get paid as an affiliate by referring someone to a product somewhere on the internet. You don’t have to personally own any products to do affiliate marketing nor do you need to fulfil any orders personally. Not dealing with any customers or having to store or send out products makes affiliate marketing quite an attractive proposition. What’s even better is the ability to scale up to a global audience while selling other people’s products.
Affiliate Marketing PDF download
But how is this done and how possible is it for anyone to make a success out of affiliate marketing? First of all anyone can start an affiliate marketing business. You simply need to join an affiliate program like the one on Amazon. Amazon is the biggest affiliate program and has thousands of products which you can promote. Once you join an affiliate program you can access your own personal affiliate link. This tracks any sales back to you personally and you make commissions based on those sales.
Affiliate marketing is therefore performance based. You get paid according to how well you can send qualified prospects to affiliate products around the internet. How well you can do this will determine how successful you are.
Methods Of Affiliate Marketing
Affiliates find customers in many different ways. Some affiliates create a blog, others record video or make podcasts or webinars. Attracting targeted prospects through some kind of online activity is the main focus for affiliates. As people come to view your content, you can recommend to them products and services appropriate to the needs of your visitors.
Blogging is a low cost method of attracting prospects by writing about something you are interested in. As your content gets shared around the internet, your visits will increase over time. Depending on how you write, how you target specific customers and how you match your content to your products, can all have a bearing on your success. Blogging takes time and is a fairly slow method of generating online sales. That being said, the good thing about blogging is that it is cheap and your content can take off and generate ongoing sales if it does well.
Paying for advertising is another method of generating online sales. This is a much faster method of generating interest in your products. Of course it is more expensive too so you will need to have a range of good products which sell well and with which you can recoup your advertising costs. Advertising platforms like Google Adwords and Facebook are very sophisticated and can target specific people according to their search intent, interests, age, geographical location and a number of other demographics. If you learn to do paid advertising well, you can ‘turn on’ a steady flow of traffic to your affiliate products, and make regular sales of you get it right.
Some affiliate marketers create videos and upload them to YouTube. As they become more popular and get regular visits their online presence grows. If they recommend affiliate products and successfully match their content, keywords and their products, they can generate free traffic from YouTube and send it directly to their affiliate products via a link in or beneath their videos.
What Products To Choose
There are thousands of affiliate products which you can choose on the internet. If you already have a blog or an interest of some kind, have a look for affiliate products in your niche. Physical products tend to pay out less than digital products. Digital products work well online because they pay out 40%+ to affiliates. They can do this because their costs are far lower than those of physical products. They cost nothing to store or post and so this saving can be passed on to the affiliate.
Not all digital products are alike either. Some digital products sell for $100. For a 40% commission, the affiliate would make $40. High ticket products sell for upwards of $1000 and so you would make more per sale as an affiliate. High ticket products are a good choice because much of the work of an affiliate will be the same or similar. For the same amount of work, would you rather earn $40 or $400?
When I started out as an affiliate I didn’t know about subscription products. Subscription products are a game changer when it comes to making a business out of affiliate marketing. This is because you can earn commissions each and every month if you have sold a subscription product from a single customer. As you sell more items, your monthly commission grows. Choosing subscription products can make your affiliate business much more sustainable. In combination with high ticket products this makes for a much better business model than with only lower priced items which only pay you once.
Up-Sells Within A Product Suite
Up-sells are higher priced items which you can sell to existing customers. If you choose a product suite to promote as an affiliate, you can benefit from sales made at a later date as your customers upgrade or choose another product from a range. Choosing a product suite can help you build a more sustainable business than you could with only a single product.
Getting The Right Training
Affiliate marketing can take time to learn properly but for those who stick it out there are great rewards. For that reason, its much better to get the right training from the outset for the best chance of success. Don’t go it alone with affiliate marketing. Your chance of success is far less. Access a 7 day video series to get started here.