Newbies Guide to Affiliate Marketing

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What is Affiliate Marketing

So you want to WORK from home, and be able to support your family.  Well Affiliate Marketing may just be the opportunity you have been looking for.

The first thing which I feel should be mentioned would be that Any Work at Home System will require WORK on your part.  Having said that I should also say that the rewards can be unbelievable when done correctly.

There is much more to Affiliate Marketing than just putting up a website with your affliate link(s) on it and then waiting for the masses to come and snatch up your product.  Signing up for an affiliate program is usually just a matter of filling in a quick form, with basic information about yourselve, along with how you want to be paid.  That is it, now you are an affiliate for that product.  What you do next will determine if you make any money in affilliate marketing.

Unlike the movie "Field of Dreams" if you build it, they will not just show up.  Listen close as this is the make or break point.  You must drive quaility visitors to your site.  If you have chosen a good program to promote, with a good closing percentage, then you will make money.

One thing you MUST do is drive this traffic to your site first, why is that.  Well if you send them directly to the salespage of the affiliate product they become that persons customer.  To really build your business you need to capture the names and email address of all potential customers.

If you have a mailing list, the next time you have a product to offer you can mail it to this list.  You already know they are interested in certain products, why not send them an email describing and endorsing the product.  The best saying about this would be "The Money is in the List"

Just think about having a list of say 1,000, 5,000, or even 10,000 or more, if the product is good, then you will make sales.

Well this is just a breif description of Affiliate Marketing and there is much more for us to investigate

Kevin

Where to Start 

Focus is the Key

I feel that it is best to focus on one topic/niche/industry when getting started in Affiliate Marketing. Once you determine the customer you want to focus on, you can then determine their needs and wants. One of the goals you should have is list building. If you concentrate on one customer base, it will give you a much more focused list to present other products to.

For an example; if you have a list of potential customer who joined your list because of a health related product, they probably wouldn't be interested if you emailed them about deer hunting in Colorado.

Once you have some experience, then by all means promote different types of products, but build seperate lists for each line of products.

There are many sources for finding great products to promote as an Affiliate Marketer. We will list some of them in future updates.

Well that is it until next time.

How to establish a Relationship with Each of your Prospects in Affiliate Marketing 

It is generally a fact that in online marketing, your investment is all that matters. Of course, you have invested money and effort in establishing yourself to succeed in affiliate marketing. Because of this, you are expecting to receive what is due for you.

As an entrepreneur, take into consideration establishing good relationship with each of your prospect. It is a plus factor in turning them into long-term clients and helping you to make your marketing plan a success.

The point here is that you have to express to your prospects that you look on them as real people and not as like a bunch of receipts in your cash register. Make them feel that they are important in the business; it is sincerity that matters in conducting business with them.

Here are some pointers that you can refer to in establishing good relationship with them based on a positive point of view.

Number One Pointer: Present the Best Yourself both Online and Offline

If you will be dealing with a prospect in person, be sure that you do not forget your personal hygiene. Have you properly groomed by wearing clean and pressed business attire. If you have a car, make sure that it is not just car; make it as your alter ego as possible.

Always remember that first impressions last. You need to impress your potential client and promote your program in a way that he will grab it.

In case of dealing online, have your website attractive enough for your prospects to have their eyes is stuck on it. If you are just some sort of a webmaster, provide your site with catchy fonts. Make it easy to navigate so that even new web browsers can understand what you really mean.

You can also offer forums to have a dialogue with your prospects. Be courteous in answering all their queries, as much as possible in a positive tone. Remember that you are presenting the real you both on and off the web, so better make the best of it.

Number 2 Pointer: Set-Up Common Grounds

Do not drop the whole details of the business instantly. When you will be meeting with your prospect for the first time, it will be wise in your part that you initiate some talk to draw them out a little.

If in case you have seen a photograph of his family, do not be afraid to ask some polite questions about how his children are. You can also share some insights concerning your own family as well. In this way, you will not just talk of pure business. Sometimes, it helps to mix it with some light talks.

It is a little bit harder to sell online. The correspondence that is available between you and your prospect is through e-mails and occasional phone calls. Again, be courteous. Make friendly responses. You can also incorporate in your responses something a little more personal. Tell him that you are enjoying the snowfall while answering his e-mail or you just got back from a vacation.

Number 3 Pointer: Soft Selling

Do not just offer your program as a sort of "business thing". This is why some online entrepreneurs fail to sell it. A hard sell will just make your prospects turn-off.

You can begin by asking his needs. Give him a chance to air his point of view about what you are offering. Remember that they like to feel that someone is willing to listen to them.

Number 4 Pointer: After-Sales Relationship

If you have made that good impression and an initial sale, the connection must not stop there. After a week, for instance, send him a personal note of thanks for the opportunity of conducting business with them.

Let him know that you are always available to answer his other queries or concerns. By this, you are making him feel that you still care for him after he joined your program.

Number 5 Pointer: Other Benefits for You

Sometimes, there are problems that arises in marketing and it is out of your control (especially when it comes in Internet connectivity) to fix that problem. If you have established that friendly relationship with your client, he will be likely to stand by you during critical times.

You may find it more pleasant to conduct business with someone whom you have already known even just a little.

Expect that the world of online marketing, there are real and fake personalities. If you have developed a real personality and established good relationship with your prospect, you will succeed in attaining their loyalty to your affiliate-marketing program.

Getting a steady flow of affiliate marketing checks 

In affiliate marketing, you probably would want to be the kind of marketer who sees a check when you open your mailbox. All the more if they were checks.

It is ironic to know that there are a lot of people who can never make a sale and have never received any checks in their affiliate marketing. But there are also lots of those who receive monthly checks all year long.

No matter what kind of affiliate marketing you have, you will want to be one of those on the way to building a stable affiliate income.

There are actually ways on how to build a good and sound affiliate marketing income. So if you are committed to this business, read on and learn.

1. Identifying a practical market niche. Try to identify the niche market you want to focus on. While there are a lot of those out there, not all are easy to infiltrate. More often than not, you will end up losing more money than gaining some in the first place.

2. Find a stable affiliate program that offers the niche market you want. Search over the internet for this program. Make sure that you find the company that helps their affiliates through advices and tools needed for affiliate marketing. These are the types who wants your success over anything else.

3. Have your own site and create a newsletter with content-rich information that focuses on your niche market. A website is necessary in affiliate marketing. This is where people will go when they find what your offering interesting. This is also where you can tell them about other features of your business.

4. Make sure your target audience gets to your site and get them to sign up for your newsletter. You can do this by trying to differ from the way other people are advertising their affiliate marketing. Be unique. Think of creative ways to make people go to your site and check you out.

5. Get them to buy from you. The ones going to your affiliate site should be ready to buy from you. Present them with an offer they will find tempting so they will not be able to resist.

There are a lot of sites you can look into that are offering affiliate programs. Take note that some of them are good and some are not. Do your research so you can distinguish which ones will be best for you. If not, you are just wasting your time.

Below are some tips in finding a program that will give you the profit you have always dreamed of.

1. Look for one that is targeting your chosen niche market.

If your niche is about beauty products, you may want to give them tutorials on how to take care of their skin or body. Your products or services must be related to maintaining and preserving beauty.
It is also better if you can present testimonials from people who have used your products. This will give credibility to what is being presented.

2. Consider the commission you will be getting.

Sending an email to your list will cost you. Think of it this way. When you send an email, you send out a recommendation on some of the products offered. This is basically called an opportunity cost. So if you try to compute all that you have sent, that will be the cost you incurred.

Now, have those persons you emailed bought from you? If they did, then it was worth the advertising sent. But if not, that will be deducted from you.

Be certain that the commission offered to you justifies and makes up for the cost of advertising you went through. You would not want to be spending more on advertising than the amount of commission you are receiving. Make sure that it is fair enough.

3. Inspect the product yourself. Do not start recommending something you are not certain about. Try to least examine them to know if they are any good and worth recommending to others.

How will you make your customers believe in your product when you yourself do not? Put yourself in their place and see if you would be interested in availing one of your product or service.

Affiliate Marketing on eBay 

A Great Place to Get Started

Many times Older products which have been around for awhile can be found at great prices on Ebay

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eBay

Be Proud and show it off 

Why not tell the world what you do. Treat it as a form of advertising and you might be surprised at the results.
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Want to Learn more about Affiliate Marketing? 

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Lensmaster

tillytenretni wrote

great lens loads of useful and interesting information on affiliate marketing, i have a lens thats worth a look google sucks

Reply Posted November 05, 2008

oneweekmarketer wrote...

Great lens! Lots of beneficial information. Once people learn the basics of affiliate marketing, they could benefit greatly from lenses. Maybe you could take a look.

ReplyPosted October 19, 2008

Lensmaster

tenretni

Great lens, loads of useful information, another site i found good is googlesucks

ReplyPosted October 17, 2008

Junyuan wrote...

Hey there! Great lens you have got here on affiliate marketing. I find the information very detailed and comprehensive. Great stuff! ;) I've given you a 5 star rating for your lens. I've got 2 lens setup on Internet Marketing - one of them I'll answer all a>, while the other I've covered the 5-steps for newbies to make their first dollar online. Feel free to take a look and let me have your comments. ;) You may also want to add your lens to my Internet Marketing Directory to get more traffic to your lens. Cheers!

ReplyPosted June 13, 2008

Lensmaster

lindzc

a great way to market is using myspace. MILLIONS of people are on it constantly, you just gotta make it look intriguing.

http://basketball-layouts.com

ReplyPosted April 17, 2008

 
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