Internet Marketing Strategy: Affiliate Marketing

1 - I can do better 2 - Jury's out 3 - Pretty darn good 4 - Splendiferous 5 - Awesometastic by 1 person | Log in to rate

Ranked #22,512 in How-To, #234,757 overall

Internet Marketing Strategy: Success in the Fast Lane through Affiliate Marketing

This lens about Affiliate Marketing is one of a series of lenses about internet marketing published by Iceman Baldy as a Squidoo Seminar. Visit the Internet Marketing Strategy Index for a complete listing of all of my Internet Marketing Strategy lenses.

Internet Marketing Strategy: Success in the Fast Lane through Affiliate Marketing  

Many beginning internet marketers don't have their own products or service to sell and some lack their own websites or weblogs. Affiliate marketing offers a great opportunity to get started quickly by allowing you to sign up to promote another person's products (or services) for a share of the sale in the form of commissions.

As an affiliate marketer, no special training, funding or technology is required to get started making money within hours. Both you and the product owner benefit from your third party promotions and marketing efforts.

Your task as an affiliate marketer will be to drum up traffic for the product owner's pitch page, allowing them to convert the prospect into a buyer. The more targeted you are with your traffic promotions, the higher your conversion rate will be.

There are many things you can promote as an affiliate. On Amazon, for instance, you can promote anything tangible (as well as a few digital downloads). For example, if you want to be in the paintball niche, you can include links using your Amazon associate (affiliate) ID to sell specific paintball guns, paintballs, and attire.

You can go to sites like ClickBank or PayDotCom and get a unique affiliate ID to promote an endless supply of information products. They offer products that cover a range of common and unique topics on almost any subject you can imagine.

You can even become an affiliate promoting action-related initiatives. There are many Internet marketers who focus their business on getting a steady stream of traffic to take an action, such as filling out a survey online or clicking through webpages or providing quick product reviews.

Affiliate marketing takes your focus off of developing ideas and creating products. You don't have to deal with customer service follow-ups or continually process more products for the marketplace. Your attention is almost exclusively focused on finding the right audience for the products that you're promoting and telling them about the great value you've found that will match their needs perfectly.

The challenges of affiliate marketing are lessened by product owners who care so much about their own success, that they provide a complete marketing solution to help you with yours success. The marketing solution usually includes ready-made emails, web reviews, and banner ads and other helpful sales tools that you can use with your own link embedded in them for instant plug-and-play success. You can upload many of these tools to your server or place them on your website in and your emails to start an effective marketing campaign immediately.

Most Internet marketers will eventually become both product owners and affiliate marketers. Product owners repeatedly use their proven list of buyers to promote affiliate items, and affiliates often build such a good reputation in a niche that they're urged to come out with a product of their own.

You might be wondering how much can an affiliate marketer earn using these techniques. The profit potential really is unlimited. You can market multiple niches and work as much or as little as you want to generate targeted traffic through your links. The best affiliates often earn six figures or more through their promotional efforts, but even a beginner affiliate can earn enough to pay the bills each month - some with significant earnings to reinvest in growing their business.

Good luck in your affiliate marketing efforts!

Affiliate Marketing Books from Amazon.com 

A Practical Guide to Affiliate Marketing: Quick Reference for Affiliate Managers & Merchants

Amazon Price: $19.79 (as of 12/31/2009) Buy Now

Affiliate Millions: Make a Fortune using Search Marketing on Google and Beyond

Amazon Price: $16.47 (as of 12/31/2009) Buy Now

Successful Affiliate Marketing for Merchants

Amazon Price: $18.15 (as of 12/31/2009) Buy Now

FYI:

If you want to join my phenomenal forum on Internet Marketing Topics visit the Black Internet Marketing Forum.

The Internet Marketing Strategy Index

There's more where this came from:
Squidoo Internet Marketing Strategy Index

Other Lenses in the Internet Marketing Strategy Seminar Series 

Iceman Baldy's Daily Internet Marketing Tips on Twitter 

Loading Fetching RSS feed... please stand by

Reader Feedback for Fast Lane Affiliate Marketing 

submit

by IcemanBaldy

Iceman Baldy is principal of Black Marketing Media, parent company for
Black Webpreneur, the Black Internet Marketing Forum,
and Iceman Baldy.com. He...

(more)

Explore related pages

Create a Lens!