Creating an Income Stream with Affiliate Programs
Affiliate programs (also called Referral Programs or
Partnership Programs) are essentially commission-based sales
schemes. You recommend a site to your users and pick up a
percentage of any sales those users generate. You benefit
from the commission and the site benefits from sales it
wouldn't otherwise have made. If you've ever gone to a
website and seen links to Amazon, those were affiliate
You can run an affiliate program from a site you've already
set up, or create a site specially to promote a product or
service. As long as it brings in more cash than you spend on
building it and buying traffic, you're laughing.
Affiliate ads work two ways: you can join them to make
money, or you can run one to attract users.
Joining An Affiliate Program
As with any marketing venture, you need to be careful in the
selection of an affiliate program. The benefit of an
affiliate program is that it gives you another way to make
money from your users. Instead of selling them a product
yourself, you send them to a partner and take a cut.
On the downside though, your affiliate ads will take the
place of a different ad that you could have put in that same
spot. You have to make sure that each advertising position
on your site is bringing in the maximum revenue possible. If
you're not getting the most from your site, you're tossing
The key to success is to choose the right program, right
from the beginning.
Now, a lot of commercial sites run affiliate programs.
That's because they know that they only have to pay a
commission if a sale is actually made; it's a proven way to
generate revenue without risk. What that means for you is
that when it comes to choosing an affiliate program, you're
going to have a huge range to choose from. What it all boils
down to though is product and price.
While it might be tempting to go for the program that pays
the highest commissions, the program won't pay you a penny
if your users won't go there or won't buy once they get
there. You have to be certain that the service you're
promoting is of genuine interest to the kind of users you
buy, whether you're buying them from search engines or
Sure, you can work backwards: You find a high-paying
affiliate program and create a small site to send users to
it, but do you know where to buy users for a program like
that? You're going to have to research the field, check out
the most popular sites, and negotiate banner campaigns and
That's fine if you want to invest the time and the effort.
But it's much easier to find an affiliate program operating
in a field you're familiar with, and use that program to
earn extra cash.
For example, suppose you had set up a dating site. You might
make bit of money selling subscriptions, but you might make
even more by joining Match.com's affiliate program and
selling them your users. Unless you're planning to be the
Internet's biggest dating site, you're not going to be able
to compete directly and beat them, but you can join them-and
Or rather than sell your users directly to a 'competitor',
you can look for services that complement your own. Visitors
to your dating site, for example, might be interested in
buying flowers, books on relationships or tickets on singles
cruises. Instead of selling just one product-membership
subscriptions-you'd be selling a whole range of different
goods to the same people, and increasing the sources of your
Here are some tips to selecting an affiliate program that is
lucrative and right for you:
* Don't accept less than 25% commission. You can find
affiliate programs with great payment structures and high
percentages of the purchase price in just about every
* Look for comprehensive statistics pages that list the
number of click-throughs, sales and earnings so you can
how you're doing. The information should be broken down
* Look for programs that offer a wide variety of
promotional tools to put on your Web page, including text
links, banners and graphics.
* Find out how often you will be paid and make sure that
the payment schedule meets your expectations. Some
monthly, others quarterly; which is best for you?
* Look for examples of marketing methods that successful
affiliates are using to get the best results.
* Make sure that top level support is given. If they can't
answer your questions promptly and intelligently, you
don't want to work with them.
Affiliate programs offer a viable solution to competing
against larger competitors and still make money. As the
saying goes, if you can't beat them, joint them!
Until next time...
Stephen Russell hails from Georgia, plays in an up and coming rock band, and creates liveable income streams using internet marketing.
Back when mergers amp acquisitions M amp A activity was at its peak in the U S market the term Merger Monday became routinely employed by analysts as if the bringing together of major corporations was a routine calendar occurrence Since the cooling off of M amp A activity
Has the proverbial “shift of power” — a.k.a. portfolio rebalancing — begun within the equity markets? More importantly, what should value-hunting investors do about it? On Friday, driven by a sharp rise in industrial stocks, the Dow Jones Industrial Average logged its second straight all-time high. The blue chip
With basically a week left in calendar Q3 2018 and a precious two days of summer left we are seeing a commanding performance from stock market bulls pushing to all time record highs on both the Dow 30 and S amp P 500 indexes This having come without a plethora of economic data for analysts
Yesterday, the Dow Jones Industrial Average caught up with the other major indices when it traded and closed at all-time high levels. The S&P did that a month ago, followed by the Nasdaq a week or so later. Both of those benchmarks are at or close to their highs again now after a short period of consolidation. I am
It’s about that time again. WTI hits $70 per barrel and the tweet-rage is back. OPEC does have a meeting in the coming days in Algiers to assess the state of the oil market, and decide on next steps. But one of the largest near-term challenges for OPEC is balancing the oil market in the wake of lost
It’s time to cut and run on U.S. equities, and—though the prevailing currency crises might not seem like a good place to park your cash—the bank says it’s time to shift some of that money over to emerging markets. Why? Because Trump’s tax cuts aren’t going to be doling out much more love and the U.S. is poised to
By Avi Gilburt, ElliottWaveTrader.net In this article, I am going to do something a little different from my usual articles and start with my perspective on market direction, and then move into the issues I see in the market today. I have long believed that we can see the 3000+ region before we get that 30%
I continue to be amazed at many analysts who are shoveling opinion masquerading as fact on the impact of a trade war between China and the U.S. Many analysts are discussing impacts like: how $200 billion of duties on both China and U.S. would affect the U.S. exporters more because the U.S. imports 4 times
Truly remarkable these Initial Jobless Claims Week after week we see a further melting of the American populace in need of a payout while seeking a new job During the digging out from the Great Recession a hotly anticipated sub 300K jobless claims headline was sought for getting traction in
Do you remember when the yield on the 10-Year Treasury Note was a big deal? I suspect that you will, as it was only four months ago. Back in May, when the benchmark 10-Year was approaching a three percent yield it was seen as highly significant, with predictions of doom commonplace. Most notable among them was the
OPEC members and their Russia-led non-OPEC allies have yet to decide how to share the 1 million bpd production boost they pledged in June. when they saw the market started to tighten too quickly which pushed oil prices to $80 a barrel—potentially ringing in the beginning of demand destruction. At a meeting this
Ahead of Wall Street s opening bell this morning new economic data crosses the tape These findings will be of particular importance to Fed members who reconvene next week to decide on new interest rate policy The smart money all year has been on another interest rate hike in the month
The current market can be mystifying at times. It seems that every move, both up and down is massively exaggerated, but if you understand one simple thing, it all makes sense. “Value” in the traditional sense of the multiple of a company’s earnings is now as good as irrelevant: Growth is the only thing that counts.
So President Trump has taken his next move on the trade board with Chinese imports an additional 10 tariff is set to hit 200 billion of Chinese goods coming into the U S starting Monday This follows the initial 50 billion in goods from China that have been taxed already in hopes Trump
The shale industry has hit a bit of a rough patch, with pipeline bottlenecks, cost inflation and a crowded field contributing to a drilling and production slowdown. But many in the industry are confident that the lull will be temporary. There are several strategies that shale companies are starting to pursue, such