How does affiliate marketing make money

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    28-Jul-2015

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1. How does affiliate marketing make moneyIn this file, you can ref free useful materials about how does affiliate marketing make money and othermaterials for how does affiliate marketing make money such as affiliate programs, affiliate tipsIf you need free ebook: Top 21 affiliate marketing programs Top 12 secrets to be successful in affiliate marketing Top 8 free affiliate marketing ebooks for beginnerspls visit: affiliatemarketingaz.comI. Affiliate marketing guidesIf your first reaction to the title of this article was Affiliate what!? then read on. The first thing that youneed to know is that the same Internet that you use every day to check your email, and your High Schoolsweethearts Facebook page to see how his bald patch is coming along, can be used as a means to earna full time income. I am about to tell you about a corner of the internet where people are making a goodliving from being affiliates.Dont worry it is not the name of some weird mind control cult! An affiliate is simply someone whoemploys various methods to assist an online business to sell a product or service and receives acommission for doing so. Although there are some crucial differences affiliates can be compared to thetraveling salesmen of old.Just like them affiliates act as marketers on behalf of those with goods or services to sell. In return theyget paid a percentage of any sales that is made. Some of the biggest internet businesses, including somehousehold brands, rely on affiliates to bring people to their door. There is however, one crucialdifference between modern affiliates and the old style knights of the highway. Affiliates do not have tolug suitcases of samples halfway across the country to do their job.In fact they can even do it in their pjs if they really want to! Affiliate marketing is therefore the perfectwork-from-home opportunity. How big an opportunity? Well, for some people it brings in a little extraincome. For others affiliate marketing is a full time career, providing a full time income (and then some!)Perhaps the last piece of the puzzle that should be completed before we look at specific ways in whichyou can make money from affiliate marketing is to very briefly explain something of the inner workingsof the process. In the old days the travelling salesmen submitted the names of people that he marketedto the company selling the products. He was then paid commission in line with the sales generated.Performance review phrases comments/ free download examples Page 1 2. On the Internet you very often havent the faintest idea who you have marketed to, another system hadto be found. The name of that system is the affiliate link. When you sign up as an affiliate with acompany they will give you a link with your unique Affiliate ID embedded in it. When someone click onthat link and is sent to the companys website it is as good as if theyre saying Pete Woods(or whoeverelse) sent me here to buy something. Clever, dont you think?So how can you make money from affiliate marketing? Let me count the ways... Your own piece of Internet real estateOne of the best ways to make money from affiliate marketing is to have your own website on which youpromote products. If the thought of running your own website makes you break out in a cold sweat...Relax! Its nowhere near as difficult or expensive as you think it is. Blog, blog, blogging on heavens doorIf you think blogging is just a way of keeping an internet diary youre sadly mistaken. Many people aremaking a decent living simply by blogging. You can use your blog as a way to subtly promote affiliateproducts or as a space to display ads paid for by other affiliate marketers. Unleash the writer in youOn the Internet content is king. As an affiliate marketer you can set yourself up as a provider of contentand promote your affiliate products at the same time. One of the most popular ways of doing this is bywriting short articles that are then submitted to article directories. These articles usually include spacefor a signature that can contain links back to your website or even your affiliate products (policies onthis vary). Many webmasters go to the articles directories for content. If they pick your article it can stillmake you a profit, years after it was written. The money is in the list!This is a very common saying among affiliate marketers. It simply means that one of the best ways tomake money on the Internet is to assemble an opt-in email list. If you build a good relationship with themembers of the list through sending them relevant and reliable information on a regular basis they willrespond very favorably to your product recommendations. No man is an island...We are in the age of Web 2.0 which simply means that the web is becoming much more interactive. Youare therefore likely to have much more virtual individual contact with other Internet users than waspossible in the past. The smart affiliate marketer can use these contacts to sensitively promote productsPerformance review phrases comments/ free download examples Page 2 3. and services. You can do this by posting on membership forums or by being active on social networkingsites like Facebook and MySpace.. Forget everything you think you know about GoogleMost people think that Google is the worlds biggest search engine. It is that, but it is also somethingelse, an absolutely humongous advertising agency. Google makes it money through placing contextsensitive ads with every set of search results that is delivered. Affiliate marketers can use this system(Google AdSense) to buy advertising for their affiliate products. This is done through a system called Payper Click (PPC) which is obviously not free (unlike some of the other methods mentioned above) but canbe highly profitable.All of the methods up to now focused on money making methods where you are the affiliate earningcommission from someone else. There is obviously also another, and potentially even more lucrative,side to this coin. This is where you use affiliates to work on your behalf. There are quite a number ofways to do this. Allow me to, very briefly, mention three: Set up a virtual shopThe market for digital products is huge. An excellent way to make money is to create an informationproduct (like an e-book) or a piece of software that can successfully address the needs of a specificgroup of Internet users. You can then enlist the help of an army of affiliates to market your product inreturn for a certain percentage of the sale price. There are even virtual marketplaces (the biggest iscalled Clickbank) that can help you to sell your products and can also link you up with some eageraffiliates! Ever been called coach?If you are particularly adept at a certain skill or have advanced knowledge about an in-demand subjectyou can make a pretty penny by making your skills and knowledge available to others. One of the bestways to do this is to set up a membership site where people pay a monthly subscription to drink at thefount of your knowledge! You can, again, pay affiliates a commission to bring all the keen learners rightto your virtual door. Establish your own knowledge empire.It is possible to buy the resell rights to some of the most successful information products on theInternet. There are different levels of resell rights but you will, at the very least, receive the right to sellthe product from your own website and for your own account.This means that you can create your own knowledge store selling a variety of products that you ownthe rights to. If you do this, it is quite likely that affiliates will play a huge role in your success. EverythingIve said may seem very strange and new to you. You may even feel your head spinning a little by now.Performance review phrases comments/ free download examples Page 3 4. However, trust me when I say that what youve just read might just have been your first little glimpseinto a world where Affiliate Marketing is not just some weird te rm but the way you followed to the lifeyouve always wanted.II. Affiliate marketingstrategiesAffiliate marketing is a low-costway for merchants to buildawareness and showcase theirproducts and services. The modelis simple; it works as acommission-based referralsystem. A partner or affiliatemarkets a merchant's productsfor a "piece of the pie."Affiliate marketing experts often make an income that can tally over five figuresper month, however only 1 to 5% of thousands of marketers achieve this level.When an affiliate reaches this elite level they are often referred to as a "super"affiliate.How does one become a super affiliate? Can anyone do it? Super affiliates havecommon tactics that they embrace and put into place. Anyone can become asuper affiliate, but it will not come without blood, sweat, and a hefty timecommitment. The typical super affiliate possesses the following traits: Persistence Patience Thirst for KnowledgeThese three traits combined with the following strategy gives you the formula forthe makings of a "super" affiliate.1. Find a Unique NichePerformance review phrases comments/ free download examples Page 4 5. The mistake that many affiliate marketing hopefuls have in common is that theytry to offer everything under the sun rather than focusing on a specific nichemarket. Do not scatter your efforts, focus on your niche, promote it, and sell itwell.2. Search Engine MarketingOnce you've built your affiliate storehouse you will need to promote it. Manyaffiliates use pay-per-click engines. I suggest that you learn how to achieve organicsearch results or hire a search engine marketing company. This will save you fromspending all your profits on pay-per-click engines. Only use pay-per-click enginesif you know what you are doing, otherwise all your profits may end in the hands ofGoogle Adwords or Overture.3. Know Your Product, Know Your AudienceCreate a resource. By taking the time to learn about the products and/or servicesthat you are offering you can create information that builds your credibility. Thatcredibility builds trust. If your viewers do not have trust in you more than likelythey will not purchase from your storehouse. If you want more information on thepsychological process that an online buyer goes through I suggest that you readmy article on the Five Levels of Internet Marketing and the Sales Process. This willhelp you in creating a web site that converts well, which in return will increaseyour cash flow.4. Don't Put All Your Eggs in One BasketPromote products from different merchants. This way if you have a problem withreceiving payment from a merchant, or their products do not convert well theeffects on your business will be minimal. Watch out for exclusivity agreements;remember this is your business. Protect yourself and diversify so that you do notfeel the famine effect if something goes wrong. There is absolutely nothing wrongwith promoting niche products from different merchants.5. Seek Knowledge and Embrace ChangePerformance review phrases comments/ free download examples Page 5 6. If you are familiar with Internet marketing at all you know that what worked threemonths ago may not work today. Stay on top of the trends. Seek knowledge, startby learning something new about affiliate marketing daily. For example rememberthose marketing tools called "banner" that use to drive sales at an astronomicalrate a few years ago? Well those banners developed a term called "bannerblindness." That means most online viewers will not click on banners even if theydo pertain to what they are looking for. To be a "super" affiliate you must alwaysspend time reading, learning, and embracing the changes in Internet marketing.6. Don't Give UpIt's hard to do, and most of the time those dabbling in affiliate marketing give upway too soon. Monitor your statistics, watch to see what is working and what isnot. Make changes when necessary. Do one thing daily to promote your storehouseand be patient. Before you know it you will start getting payments.Remember that it will not happen overnight. Encompass and develop thepersistence, patience, and knowledge. Then follow the tactics I've mentionedabove and you are on your way to becoming a "super" affiliate.Performance review phrases comments/ free download examples Page 6

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