The Affiliate Model - How To Make Money As An Affiliate
Affiliate programs are a very easy and effective way to make money on the Internet right? so how do they work?
Essentially, affiliate programs are a way that you can promote other people's products and get paid a commission for promoting them. You can get paid to promote almost any type of product and service on the web.
Most of the top companies on the web have Affiliate Programs. Dell computers, Amazon, Expedia, AT&T, Chase bank, Delta airlines and Walmart are just a few examples - did you know that you can be paid a commission to sell products online for any one of these companies?
The best thing about affiliate programs is that it is so easy to set up a relationship with any one of these companies. Normally in business you would have to spend weeks or months of meetings, proving that you are a worthwhile partner to be able to do business with these sorts of companies. However, an affiliate program allows you to get commissions straight away as a little guy,without all the hassle of meetings and forming that relationship.
There are thousands of affiliate programs that you can promote on the web. You have so many choices that you could pursue. The key factors for success with affiliate programs are the following:
Choosing the right affiliate programs. If you choose certain affiliate programs you will likely only be able to earn a small income because their payouts are small. Other affiliate programs have very large payouts and high earning per click (EPC). If you don't know what earning per click (EPC) is, it is the average amount that affiliates earn from each click to the site that they are sending money to. Some networks express it in earnings per one hundred clicks.
For example you could say an EPC of $57. This means you make $57 on average for every 100 visitors that you send to a site or 57 cents for sending one visitor to the site. Generally I am looking for affiliate programs with an EPC of $20 or more, which means I am making 20 cents per visitor. Usually, I focus on programs that have an EPC of $100 or $1 per visitor. When you are earning $1 per visitor you have potential for a lot more profit.
The second critical factor is getting the traffic to the affiliate program. We are going to talk about this more in other issues of the Ecourse.
The third factor is being able to pre-sell to the visitors of your site. Let's say that you have a website where you discuss different products and services, a comparison type of site. You can recommend the product that you think is most beneficial and then when people click through to the site after your recommendation, they are much more likely to buy.
How do you find good affiliate programs?
One easy way is to go to all of the affiliate networks and sign up for affiliate programs there. The major affiliate networks like Commission Junction have thousands of affiliate programs that you can join in all sorts of categories. You can find a listing of the different affiliate networks at: www.profitpuppy.com/affiliate-networks.htm" target="_new">http://www.profitpuppy.com/affiliate-networks.htm
It also depends on what type of strategy you are pursuing with affiliate
programs. There are many different strategies and we can't go into all of them now, we'll talk about them in detail in some later issues of the ecourse. However here are a few strategies to get your brain ticking over with ideas:
You can promote affiliate programs directly using Google Adwords. You simply promote the program by creating your own ads. This is the quickest way to make money on the Internet as you can get started and in 1-2 hours have some ads up that are making you money. However, it is getting more and more difficult to make money with this strategy as there are too many people doing it. As with anything in life, if something is too easy to make money, everyone will start doing it and it then becomes more difficult because there is more competition.
One strategy is to focus on a particular niche area ? let's say you decide to do a site on car rentals. You could then join all the affiliate programs to do with car rentals. You can find many of them through the major networks, but you might also need to search on Google for something like - 'car rental affiliate program'.
Another strategy is to build lots of little mini sites on the Internet focusing on different keyword phrases that people are searching for and get free search engine listings in Google and other search engines. This is a great strategy because the traffic that you get is free. This is general called Search Engine Optimization (SEO). SEO is great and can make you a lot of money but it is also very tricky. It is not easy to get to the top of the search engines. It requires a lot of knowledge, and quite a bit of effort. Don't think that you can just read a book and do it ? normally it is going to take months of dedication to get there.
That's a few ideas, but whatever area you are involved in on the Internet you should definitely be promoting affiliate programs. Even if you sell your own product online you should still look into affiliate programs as a back end profit centre for your business.
Affiliate programs are one of the quickest ways to make money on the Internet. Over the next few issues of the Ecourse we are going to talk about other strategies of using affiliate programs.
If you want a free email course on affiliate programs you can send a blank email to: email@example.com This email course is written by Ken Evoy and it is this course that actually got me started in marketing on the Internet.
About The Author
You may reprint/republish any of the following articles on your own Site, in your own ezine, auto-responder series, product, bonus items, or any other format you wish as long as you adhere to the following:
1. The article must not be altered in anyway and the links must remain active
2. You must not abuse the Internet in anyway, shape, or form with ANY of your online marketing. This includes but is not limited to sending unsolicited commercial email (SPAM), abusing online forums, using copyrighted materials without permission, or infringing on the trademarks of others.
Data collection is no justification for increasing investor
Retail sales for December 2018 showed consumers backed away from the spending trough. Is this a precursor for things to come? Retail sales release for December was delayed due to the government shutdown. To understand graphically how bad the headline data was for retail sales, the graph below adjusts the
Import and Export Prices 160 for the month of January have been released ahead of this morning s opening bell with results much as we ve seen with recent economic metrics coming up short of estimates Import Prices month over month hit 0 5 lower than the 0 3 expected
Gold prices have been down ever since the precious metal hit all-time highs of nearly $1,900/oz eight years ago. That’s quite a long time, and a nice rally appears overdue. Well, one Wall Street punter thinks that time is just right to purchase the commodity. Bernstein says investors should look at gold and gold
Futures have swung to negative levels following three main economic metrics hitting the tape before Thursday s opening bell Happy Valentine s Day BTW everybody Perhaps early traders are still trying to digest what these figures mean and none are cataclysmic though all are worse
Adobe stock A new study has found that a horrifying 530,000 families turn to bankruptcy each year due to medical bills they can’t pay. In the end, it’s easier to declare bankruptcy than to allow oneself to drown in medical expenses. That’s how you know when a country is broken. According to researchers of a
The American political discourse has changed since the 2018 midterm election. Enthusiasm and passion were to be found on the left-wing of the Democratic Party. A new sense of hope and mission replaced the defeatism and cynicism seen in 2016. Some identified with democratic socialism, but in the political rhetoric the
Pre market futures are again trading up today as expectations continue to be favorable for two things that have yet to be officially resolved the U S China trade war where an increase on the current 10 tariffs on Chinese goods is scheduled to increase to 25 March 1st and a budget
Following an optimistic start to the year and the best January ever for oil prices, hedge funds and other money managers began the month of February more cautiously as fears about global economic growth outweighed (again) OPEC’s cuts and U.S. sanctions on Venezuela and Iran. In the latest reporting week to
Chinese President Xi Jinping hatched " Made in China 2025”, it didn’t go down well with many world leader, especially in Western economies. And now Germany has proposed an equally abrasive push. Germany’s economic affairs minister, Peter Altmaier, has launched an ambitious and somewhat controversial industrial
A tentative deal is reportedly being reached in the U S Congress whereby another partial government shutdown is expected to be avoided before the February 15 deadline This has helped spur market futures well into the green especially the blue chip Down Jones index which is currently up
With investors attention being drawn toward the end of this trading week including another possible U S government shutdown at the end of this week hopes of U S China trade negotiations making some progress before the March 1 deadline statements from Federal Reserve members and a Brexit
It’s no surprise one of the most common complaints about U.S. market structure is “too much
The December Consumer Credit shows consumer credit growth remains soft, and if one removes student loans - and adjusts for inflation - then the year-over-year growth is lower than GDP growth. Also this week there are two missed data sets because of the government shutdown were issued. Unadjusted Consumer
While we continue to monitor Q4 earnings season which is currently completing its heaviest week in terms of quantity so far we also see the ratcheting down of marquee names reporting this morning or even after the bell next week Notably this morning 160 Hasbro 160 HAS 160