e-book Description
7 Day Crash Course Affiliate Marketing Profits
First Lesson - Affiliate Marketing Profits.
Welcome to the first lesson in the Affiliate Marketing Profits
Crash Course.
Each day for the next few days you will receive a lesson
that will help you learn the ins and outs of affiliate marketing
and how you can use it to make more profits.
In this first lesson let's talk a little about what affiliate marketing is
and some of the things that you can do to become a wildly
successful affiliate marketer.
Affiliate marketing basically means that you are marketing for
other people and businesses in exchange for a commission.
the typical commission runs between 30 and 75% with 50% being the
average.
When you first join an affiliate program you are given an affiliate
link that goes to the website of the product owner. This special link
is encoded with your unique affiliate id and when you send
someone to the product, owners site through your special link and
they make a purchase you receive a commission. This works out
great for both you and the product owner, because you make a
nice paycheck and the product owner makes more sales and cuts
down on advertising costs at the same time.
One of the main things that make affiliate marketing so great is
that having or creating your own product isn't necessary.
Along with that there are the added perks like not having to deal with
customers support, complaints or refunds. The only thing an
affiliate needs to be successful is some basic internet marketing
skills and the desire to succeed. Don't panic if you don't know
anything about marketing online, because there is plenty of
fantastic the information available on the subject all over the internet.
I am assuming that since you are taking this crash course that you
already have some basic knowledge under your belt, so we are
going to dive right in today and talk about some simple tactics that
affiliate marketers can use to increase their chances of success.
First, let's talk about using unique web pages to promote each
separate product you are marketing. It's very important not lump all
of your chosen affiliate programs together on one website just to
save some money on web hosting. It is best to have a site or at the
very least a subdomain focusing on each and every product and
nothing more. This way you can streamline and target your
marketing efforts for better results.
Another thing you can do is to include product reviews on the
product webpages you set up, so visitors will have an initial
understanding of what the product can do for those that buy them.
When possible collect and include testimonials from users who
have already tried the product and add them to the webpages.
This really helps increase credibility and convert more visitors into
buyers.
Including articles that you write or with reprint rights that highlight
the uses of the product and posting them on the website as an
additional page will also help increase your free search engine
traffic and chances of success.
Be sure to make the pages attractive, compelling and include calls
to act on the information. Each headline should attract the readers
to try and read more, even contact you.
Highlight your special points.
This will help your readers to learn what the product is
about and will make them want to find out more.
That is when they will Click on your affiliate and help you make more commissions.
Next let's talk about collecting contact information by offering free
reports to your prospects. This does two important things for your
affiliate business.
It allows you to further educate your prospects
and follow up with them in the future with more information on the
products you offer.
For this to work you will need a good autoresponder service. You
will want to create a short report and a series of seven to ten
autoresponder messages that will be mailed to people who sign
up to receive your free report.
Did you know that according to research, a sale is usually closed
on the seventh contact with a prospect? Hence the reason you will
want to create a series of follow up messages.
When you are creating your content focus on important points like
how the product can make things easier and more enjoyable for
people who purchase it. Include compelling subject lines in the
email. As much as possible, avoid using the word “free” because
there are still older spam filters that dump that kind of contents
into the junk folder before anyone reads them.
Do your best to convince those who signed up for your free report
that they will be missing something big if they don't take the time to
at least check out the product or service you're recommending. Be
sure that the content is directed toward specific reasons to buy the
product. Don't make it sound like a sales pitch. Keep in mind that
by providing useful information to your prospects you will increase
your chances of making a commission.
Before we end today's lesson I want to touch on one more thing
that you can do to increase your chances of affiliate marketing
success.
That is getting traffic. The kind of traffic that is targeted to your
product. Just think about it this way, if the person who visited your
website has no interest whatsoever in what you are offering, they
will be among those who move on and never come back.
One of the best ways to get this kind of traffic is by writing articles
for submission and publication. A good rule of thumb is to try to
write a minimum of 2 articles per week, with at least 300-600
words in length. By continuously writing and submitting these
articles to you can generate as many as 100 targeted prospects
to your site in a day.
That may not sound like much for all of the work you put in but
statistics show that 1 out of every 100 people are likely to make a
purchase. If you can generate a 1,000 targeted hits for your
website in a day, that means you can make 10 sales based on the
average statistic and the best thing is that the articles will continue
to work for you even after you have moved on to another product.
None of the tactics that we have discussed today are very difficult
to do, if you think about it, it just requires a little time and an action
plan on your part. Once you have completed the process for one
affiliate program you can move on to the next and you will end up
with a good source of income along with a thriving affiliate
marketing business.
We have a lot to go over in the next few days if you want to learn
how to make even more affiliate marketing profits, so make sure
you look for your next lesson tomorrow. We will be talking about
things you should consider before you join an affiliate program, so
that you can choose the best ones for your business.
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Second Lesson - Affiliate Marketing Profits
It’s time for your second lesson. I hope you found lesson one
informative. Today we are going to talk about affiliate programs
and what you should look for before joining them.
Let's jump right in and start with one of the best ways I can think of
to choose a product to promote and that is by deciding weather or
not you are interested in purchasing the product yourself. If that
is the case, chances are, there are many others who are also
interested in it as well.
Of course, you can't just base your decision to promote an affiliate
program on whether or not you like the product, but it is a good
place to start. Now let's go over some other thing you should
consider.
- You will want to look for a program that is of high quality. For
instance, look for one that is associated with many experts in
that particular industry. This way, you can be assured of the
standard of the program you will be joining.
- Look for the ones that offer real and viable products. How do
you know this? Do some initial research. If possible, track down
some of the members and customers to give you testimonial on
the credibility of the program.
- Does the program cater to a growing target market? This will
ensure you that there will be a continuous demand for your
referrals. Do a little research and make inquiries. If there are
forums and discussions groups related to the product topic
participate and look for reliable feedback.
- A program with a compensation plan that pays out a residual
income and a payout of 30% or more would be a great choice.
There are programs offering this kind of compensation. You just
have to look closely for one. Don't waste your time with programs
that do not reward substantially for your efforts.
- Be aware of any minimum quotas that you must fulfill. Some
affiliate programs impose pre-requisites before you get you
commissions. For instance, you may have to make more than a
$100.00 or make ten sales before you receive your paycheck. If
the sales target is too hard to achieve you may want to rethink
joining.
- Select programs that have plenty of pre-made tools and
resources that can help you grow the business in the shortest
possible time. Not all affiliate programs have these capacities.
- Check out whether or not the program has an automated system
that allows you to check your referral statistics and compensation
at any time.
- Does the program offer strong incentives for customers to
make additional purchases or for members to renew their
memberships. Affiliate programs that provide continuous help
and upgrades for its products have the tendency to retain more
customers. These things can assure the growth of your business.
Always get to know the product and program you are considering.
Knowing the kind of program you are getting yourself into will
help you anticipate and prevent any future problems you may
encounter. Do some research and don't be afraid to ask
questions before you join.
Here are some of the questions you should ask:
- Will, it cost you anything to join?
Most affiliate programs being offered today are absolutely free of
charge. So why settle for those that charge you some dollars
before joining.
- When do they issue the commission checks?
Every program is different. Some issue their checks once a
month, every quarter, etc. Select the one that is suited to your
payment time choice.
- What is the amount of commission paid?
If the program pays per sale (which are the ones I prefer) you can
expect to make anywhere from 5% - 75% depending on the
program. You will also find programs that pay for each hit or each
impression.The amount paid for those type of programs is not
much at all, so you must be prepared to send large volumes of
traffic through your affiliate link to make a nice paycheck.
These are just some of the questions that need answering before
you enter into an affiliate program. You should be familiar with all
of the important aspects of your chosen program.
They can help you select the right program for your affiliate business.
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Third Lesson - Affiliate Marketing Profits
It’s time for your third lesson in the Affiliate Marketing Profits
Crash Course.
I hope you learned a lot about choosing the right
affiliate programs for your business from your last lesson.
In this lesson is going to go over some simple ways that you can
boost your affiliate commissions. Which is always a good thing!
As we discussed in lesson one affiliate marketing doesn't require
product development, dealing with customer support, complaints
or refunds. As a matter of fact, it is one of the easiest ways of
starting an online business and earning more profits.
Assuming that you have followed some of the steps in lesson two
and that you have already chosen some affiliate programs that you
want to promote, what would be the next thing you would want to
do?
How about double, or even triple, your commissions as quickly as
possible?
If you answered yes to that question then you will enjoy this lesson!
I have some great tips to share with you in this lesson that will
help you boost your affiliate commissions quickly.
The first thing you will want to decide on is which program the
ones you have chosen is the best. Obviously, you want to promote
a program that will enable you to achieve the greatest profits in the
shortest possible time. There are several factors to consider when
selecting a program to focus on.
Then narrow down your choices to the ones that have a generous
commission structure and that fit in with your target audience.
Check to make sure that they have a solid track record of paying
their affiliates easily on time.
You can do that by performing a search for the product name plus
the words "affiliate payments". If anyone is complaining that they
aren't getting paid you will find posts about the issue.
Remember there are thousands of affiliate programs online so you
can be picky. You want to take your time and select the best so
that you can avoid wasting your time and losing your advertising
dollars.
Now let's get down to some quick tips that you can use to
increase your commissions:
- Participate in chat rooms related to the product you're reselling.
Start a conversation with a person without trying to sell to them.
Later on, while you are chatting, mention the product you're
reselling.
- Create a free ebook with the advertisement and link of your
affiliate web site. The subject of the free ebook should entice
your target audience to down-load it. Also submit it to some
ebook directories for even better results.
- Start your own affiliate program directory. Join a large number
of affiliate programs and list them all in a directory format on
your web site. Then just advertise your free affiliate program
directory.
- Write your own affiliate program ads. If all the other affiliates use
the same ads you do, that does not give you an edge over your
competition. Use a different ad to give yourself an advantage
over all the other affiliates.
- Use a personal endorsement ad. Only use one if you've actually
bought the product or service for the affiliate program. Tell
people what kind of benefits and results you've received using
the product. Endorsements also increase the credibility of the
product you are promoting.
- Advertise the product you're promoting in your signature file.
Use an attention-getting headline and a good reason for them to
visit your affiliate site. Make sure your sig file doesn't go over 5
lines. You can use this in your outgoing emails, on forums and in
blog comments.
- Participate in web discussion boards. Post your comments,
answer other people's questions, and ask your own questions.
If you can work on how your product can help solve someone's
problem all the better for you and don't forget to include your sig
file when you post.
- Create a free newsletter build around the topic of your chosen
product. It doesn't have to be fancy, just informative and helpful.
Then use it to advertise the affiliate programs you've joined.
Submit it to online ezine directories and promote it on your
web site.
- Use bonuses to help sell your products! Using bonuses is one
of the easiest ways to motivate people to purchase from you.
Remember, you're often competing with many other marketers.
By offering a relevant bonus with the product you're trying to sell,
you'll help tip the prospect's buying choice in your favor.
- Start a private web site. Use it as a free bonus as well.
Especially if people buy the product you're promoting. You could
also, allow people to join for free and then advertise your affiliate
programs inside. This does two things. It allows you to keep in
touch with your prospects and it makes them feel as if they are
receiving extra value when they purchase from you.
- As we discussed in lesson one use product reviews and
testimonials. They are one of the best methods to help make a
sale. That's why you will see so many testimonials on a sales
page. Take your time and write intelligent product reviews of the
products you are marketing and collect testimonials from the
people who purchase from you.
- Use a blog to provide useful information in your niche and
include your well-written product recommendations. When you
post regularly you'll be able to start generating a steady stream
of traffic and sales from the search engines. Just be sure to
keep your blog focused on good keywords that relate to the
products you are promoting.
- Build a list of prospects. The easiest way of doing this is by
providing an email opt-in on your website. Ideally,
create a system where you offer a bonus if the visitor joins your list.
Use a good autoresponder system like Getresponse to collect email
address and load a series of 7-10 emails with useful
information and free resources. As time goes by your readers
will find your information useful and you will be able to convert
them into paying customers.
Give some of these strategies a try. I don't recommend trying all of
them at the same time. Just focus on two or three at first and see
the difference it can make to your commission checks.
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Fourth Lesson - Affiliate Marketing Profits
I hope you got some great ideas on how you can increase
your affiliate commissions from your lesson yesterday.
Today let's talk about how you can avoid some of the common
mistakes that many affiliate marketers make without even realizing
that they are damaging their business.
Affiliate marketing is one of the most effective and powerful ways
of earning an income online. It's the way that I started my business
many years ago and it has worked out great for me. It can be the
same for you especially if you avoid common mistakes that can
hurt your chances of success.
Like all businesses, there are lots of pitfalls in the affiliate
marketing business. Some of the most common mistakes can end
up costing you a large portion of the profits you make and you may
not even realize it's happening. That is why it is better to avoid
these mistakes from the start.
Mistake #1: Choosing the wrong affiliate programs.
We talked a lot about choosing the right affiliate programs in
lesson two now let's find out why it's so important to your business
that you don't choose the wrong programs to promote.
You see, many people want to earn from affiliate marketing as
fast as possible and I can't blame them. Who doesn't like quick
cash. But, in their rush, they tend to choose what I like to call a
bandwagon product. They choose this product because they think
it is in demand without actually considering if the product appeals
to them or their prospects.
This isn't a very wise move and could end up hurting your business
in the long run. Especially if you end up losing the confidence of
your readers and customers by promoting products to them that
they aren't interested in.
Instead of jumping on the bandwagon, try to choose a product that
you and your prospects are truly interested in. Take the extra time
to plan your actions and do some research about that product to
see if it is in demand.
A quick way to find out if a product is in demand is to do a quick
Google Search for the product and see if anyone else is promoting
it. If you see several Google ads on the side of the search results
page you can be fairly sure that there is a good market for the
product. On the other hand if there very few or no ads for the
product then you may want to drop that product and move on.
On a side note if there are too many ads for the product then your
competition will be pretty stiff and you may want to reconsider
promoting it. But market research is an entirely different subject
than what we are discussing in this short course, so we will move.
Mistake #2: Joining too many affiliate programs.
Since affiliate programs are very easy to join, you might be
tempted to join multiple affiliate programs thinking it will help you
maximize your earnings. On some level, this seems to make
Spence
because what do you have to lose by joining every program you
come across.
While the idea of having multiple sources of income is a great
one, joining multiple programs and attempting to promote them all
at once will only hurt your chances of success. Simply because
you will lose focus and it will prevent you from concentrating on the
programs that will make you the most money.
It is far better to focus your efforts on a select few than to try and
stretch yourself to thin promoting every program you can find in
hopes one of them will hit the mother load.
The best way in my humble opinion to get the results you want is
by joining one program at a time. Ideally one that pays a 50% or
more commission per sale. Then focus your attention on it until you
see that it is making a reasonable profit, then join another affiliate
program, preferably one related to the first one and repeat the
process until you have a whole network of related products making
you money.
The technique may take a little more time and effort on your part,
but what you will end up with is a solid foundation for your growing
business and that is well worth the effort.
Mistake #3: Not buying the product or service you are promoting.
As an affiliate, your main goal is to effectively and convincingly
promote a product or service and to find people willing to
purchase it through your affiliate link. For you to achieve this goal,
you must be able to relay to your prospective customers the main
benefits of that product or service. This is very difficult to do when
you haven't tried the product yourself.
While you may still have success promoting products that you
haven't personally used or at least reviewed, you will never reach
it's maximum income potential unless you can honestly and
convincingly recommend it.
So, try the product or service personally first before you sign up as
an affiliate to see if it's really delivering what it promises. If you do,
then you will be well aware of its advantages and disadvantages.
Your prospective customers will then feel the sincerity and
truthfulness in your review of the product and this will help
encourage them to try it out for themselves.
There you have it. The three most common mistakes that many
affiliates marketers make.
Now you can do your best to avoid making the same mistakes.
Remember time is the key. Take the time to analyze your chosen
affiliate programs. Get a system in place for promoting them and
then you will be able to maximize your affiliate earning and build a
solid foundation for your business.
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Fifth Lesson - Affiliate Marketing Profits
I hope that you have now know how to avoid some of the more
common mistakes that affiliate marketers make and that
you are ready to dive into today's lesson.
Today I want to share with you some basic techniques that you can
use to drive traffic through your affiliate links for maximum
profits.
These are very easy techniques to implement, but don't let that fool
you! All of the methods we are going to discuss today are road
tested and with a little bit of effort on your part, they will bring you all
the traffic you need to run a successful affiliate marketing
business...
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