5. ClickBank – this marketplace offers thousands of people’s products online for you to review, select, buy and try if you wish, then promote on your site or create a salespage advertising the product. ClickBank provides a lot of information for you to study prior to advertising including refund rate, number of sales, etc. It is also a place where you can advertise your own product for sale where others can choose to advertise for you on their site. ClickBank also offers membership opportunities which provide a monthly recurring income for you once a member subscribes and continues to do so month after month.

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It is really not difficult to set up an affiliate marketing program as most people think. The internet has created a huge market for knowledge. People know that to learn you have to pay. And your key is finding the sources for this knowledge.

The first thing that you must do is build a website that will be your hub. Ideally your name should be a part of the name. Something so if a searcher can only remember your name they can find the site. You can add the type or the name of the product either to the front of the URL or as a subscript to get good SEO ranking.

Next preferably find a product that you will have a product that you strongly believe in and can recommend without hesitation. Remember people will buy this from you not because of the product but why you are promoting it. They will be able to tell if you use it or if you are just selling the next great shiny button.

As you build your site to promote this product remember that testimonials will help promote it. Make sure you have a plan to get recommendations from the people who buy it through you.

While you will need an auto-responder to promote this product you will need to create only introductory emails and then follow-up emails for those who did not buy on the first pass.

An area that is often overlooked is the unopened emails that you sent out. Your auto responder should have tracking software to let you know who did not open the email. This way you can send them a nudge reminder and then a countdown reminder. You never want to leave this as an open-ended purchase rather you want to add a sense of urgency to the sale.

I cannot state this enough, you must believe in the product. Your followers have come to trust you and hold your opinion in high regard, once you breach that trust you will lose this follower. Granted there are billions upon billions of people on the internet but the cost to acquire new followers is huge. Always look back on the days when you had no followers and remember how precious that very first one that stuck with you was.

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Affiliate Marketing

The term affiliate marketing refers to the concept whereby a merchant/dealer who is the advertiser appoints one or several advertiser/s who generate traffic or leads to the merchant’s website, in order to generate larger sales. These advertisers who are typically known as affiliates are paid on the basis of either performance measure or registrations or direct sales generated by them, as may be the decided terms.

The affiliate marketer promotes the products/ services of the client merchant through various websites, blogs, posts, articles etc. directing the traffic to the merchant’s website who then pays commission or remuneration to such marketer. There could be thousands of affiliate marketers for one website whose motive is to generate visitors to the website who are potential to originate sales for the website

Such a marketer makes use of analytical tools to keep track of the types of links and posts that generate actual sales.

How Affiliate Marketing Works

A merchant that wants to reach a wider base of internet users and shoppers may hire an affiliate, who could be the owner of multiple websites or email marketing lists with a wide network. He then communicates and promotes the products offered on the e-commerce platform to his network. He implements banner ads text ads and/or links on their multiple owned websites or via email to his clientele. Advertisement could be in the form of articles, videos, images, etc., which are used to draw an audience’s attention to a service or product.

A visitor who clicks on one of these links or ads on the affiliate’s site will be redirected to the e-commerce site. If s/he ends up purchasing the product or service, then the e-commerce merchant credits his account with the agreed commission, which could be 5% to 10% of the sale price of the product

Marketers become affiliates in a number of ways that include:

1) By enrolling in retail or e-commerce sites. Shopify, for example, has a program that lets marketers earn commissions on new buyers.

Surveying existing customers to learn their favorite products or services and then contacting those companies to inquire about such programs. For example, a small business marketing consultant might become an affiliate of an email list distribution service. The marketer receives a unique URL. They share that unique URL on social media ads, posts. When the potential buyer clicks on these URL, they get paid by the merchant.

2) Searching online for products that are relevant to the marketer’s site and will appeal to the target audience. Most companies that offer such programs indicate that with as related link or “Partners” link at the bottom of their site home page.

3) Looking for potential affiliate products at program managers that include Commission Junction, ClickBank, and ShareASale.

Source by Aryaa Lata Bhatt

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