7 Ways To Increase Your Affiliate Commissions
Suppose you could launch an online business in the next ten
minutes? Suppose that this business did not require your
own website, dealing with customers, refunds, product
development or maintenance? This is the ideal world of
Made popular on the internet by Amazon.com, marketers can
now earn a referral fee for directing visitors to countless
merchants' website. According to Forrester Research,
affiliate program earnings will represent $53 BILLION of
all e-commerce sales by 2005. How could you earn a sizeable
piece of this pie? Here are some powerful tips that would
get you rolling in those big commission checks and laughing
all the way to the bank.
1. Know what programs and products to promote.
Of course you will want to promote those programs that will
bring you the greatest profits in the shortest time. There
are several factors that play into selecting such a
program. Choose programs that have a generous commission
structure, products that fit in with your target audience
and a solid track record of paying their affiliates on
time. If you cannot recoup your investment, then prune such
programs and keep looking for better ones. There are tens
of thousands of affiliate programs online so you can afford
to be picky. This is a case where you will want to choose
just the cream of the crop and so reduce the risk of losing
your advertising dollars.
2. Write free reports or short ebooks to distribute from
Most likely you will be competing with other affiliate
marketers who are promoting the same program. If you write
a short report on a related topic to the product that you
are promoting, then you can distinguish yourself from all
other affiliates. In this report you can provide valuable
information for free with a "recommendation" of the
product. This is often referred to as a 'soft sell'.
The report or ebook allows you to develop credibility with
your audience and your readers are more likely to follow
your recommendation. There is less resistance to this type
of selling because the prospect doesn't feel 'sold', just
informed. The next step is to make this ebook 'viral' by
allowing those who bought the product through your link to
'brand' the ebook for their own promotional use.
3. Collect the email addresses of those who download your
Research has shown that over 60% of the sales of any
product are made after the fifth exposure to the sales
message. In other words, most people do not make a purchase
on the first solicitation. You may need to send your
marketing message over six times before a sale is made.
This is the reason why you should collect the contact
information of those who download your report. You can then
follow up on these contacts to gently remind them to make
4. Never send prospect directly to a vendor's website
without collecting their contact info first.
Affiliate marketing is ideal but not perfect. You must keep
in mind that you are providing free advertisement for the
product owners. The merchants only pay you when you make
the sale. If you send prospect directly to their website
then these prospect are lost to you forever. If you collect
these names instead, then you can always send other
marketing messages to them and earn an ongoing commission
instead of making a one-time sale.
5. Publish an online newsletter or Ezine.
It is always easier to recommend a product to a friend than
to sell to a stranger. This is the philosophy behind
publishing your own newsletter. A newsletter allows you to
build a subscriber list and develop a relationship of trust
with this list. Your subscribers will then trust you to
recommend products that will benefit them.
This strategy requires a delicate balance of providing
useful information along with a 'sales pitch'. In other
words, if you send out frequent advertisement to your list
and little valuable information you are likely to lose
credibility with your audience. But if you write
informative editorials you will build a sense of
reciprocity in your readers that will lead them to
'support' you by purchasing your affiliate products.
6. Ask merchants for a higher than normal commission.
If you are very successful with a particular promotion you
should approach the merchant and negotiate a higher
percentage commission for your sales. If the merchant is
smart he or she will likely grant your request rather than
lose you. Keep in mind again that you are a zero-risk
investment to the merchant, so don't be shy in your
requests. Just be reasonable.
7. Learn to write strong Pay Per Click (PPC) ads. One of
the most effective means of advertising online is through
PPC search engines. As an affiliate, you can make a
sizeable income by just managing PPC campaigns on services
such as Google Adwords and Overture. Monitor your campaigns
to see which ads are pulling their weight and trim those
that are not.
You can use the ClickBank? Market Place, for example, and
just choose a hot-selling product and start promoting. Once
you are earning a decent return on your investment then you
are in profit! Just this strategy alone can make all the
difference to your commission checks.
Affiliate marketing is an entrepreneur's dream come true.
Minimum investment, zero inventory, no employees, no
product development-just BIG checks!
Author Bio: Subscribe to Net Marketing Weekly today and receive free enrollment to the entire 27 lesson Internet Marketing Success Course!
Monday markets in the Far East from Japan to Shanghai to Hong Kong to Australia were all down overnight spoiling the idea that a Friday resurgence in these markets was a new start of indexes ramping higher as Q3 earnings results here at home begin to command headlines Included among
The twenty-four-hour news cycle can sometimes lead to overreaction in the financial markets. We have become so used to markets that react violently to news that when something seemingly important comes along and a market barely reacts, it comes as a major surprise. That is why many people are scratching their heads
This content is made possible by our sponsor; the views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. With unemployment levels at a low of 3.7% (a number it hasn't reached since December 1969) and the stock market soaring higher than
With the equities markets taking a beating this week, and many falling in line with Morgan Stanley’s cry of “regime change” and prognosis that we’ve reached the “tipping point” that puts us into bear territory, it’s unsettling when another billionaire broker chimes in with a theory that “enormous piles of cash” are
Crude oil is about to end this week with the first weekly loss in a while under the combined weight of various bearish factors, but some analysts still believe we could witness Brent at US$100 a barrel before the year’s end. Others are more guarded in their predictions, but one thing is certain: the current price
Keeping in mind the old adage idle hands do the devil s work and seeing as how no experts on Wall Street can conclusively explain the reason behind the titanic market sell off of the past couple days in the markets perhaps the real culprit is the lack of economic data to shore up
By Avi Gilburt, ElliottWaveTrader.net It seems the pundits have lost their way. The reasons for the market moves have now confounded most market participants and pundits to such an extent, and they are stretching so far to provide a reason for a market move, that we have moved from the ridiculous to the sublime.
After a decade-long bull run, Morgan Stanley now says it’s seeing signals that it might be time to ditch the growth stocks and hit up value again, with interest rate hikes potentially paving the way for end-of-cycle risks. It’s what Morgan Stanley calls a “tipping point” that “lays the groundwork for something of a
Oil industry titans are still not in agreement over what to expect from oil prices in the near future, with a wide array of guesses calling for both a spike in prices and a renewed downturn. At the Oil & Money Conference in London, this disagreement was on display . Ian Taylor of Vitol, an energy trader, said that
Another big drop hitting this morning s pre market indexes following one of the biggest sell offs in 8 months yesterday Both the Dow and Nasdaq hived off more than 3 on Wednesday while the Nasdaq fell 4 Usually these types of performances are direct reactions to cataclysmic events that
Shutterstock photo Days like yesterday are shocking for investors. The Dow fell over 800 points, representing a drop of over three percent, while the Nasdaq fared even worse on a percentage basis losing over four percent on the day. Those are scary numbers, and most people’s reaction is to immediately start
Natural gas prices have spiked over the last few weeks as U.S. inventories run low ahead of the peak winter heating season. Nymex natural gas prices have jumped nearly 15 percent over the past month, rising to roughly $3.30 per million Btu (MMBtu). The market has clearly grown a little concerned about adequate
Shutterstock photo Credit-analysis firm Moody’s Investors Service is sounding the alarm bells over “rising inequality” as the gap widens between America’s rich and poor, potentially threatening the country’s AAA rating. So much for that vision of a newly emboldened American working class … Instead, Trump’s
America s hurricane season is no joke a new Category 4 storm 160 Hurricane Michael is pointed toward the Florida panhandle and expected to make landfall this afternoon No fewer than 35 counties in the area have declared a state of emergency Should this storm strike with its current 145
Ahead of today s market open futures are once again down now for the fourth consecutive day going back to last week s historically strong employment numbers from Wednesday s ADP private sector payroll report to Thursday s jobless claims to Friday s federal government non farm payrolls