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Hello {FIRSTNAME},
Welcome to all of our new subscribers!
In this week's edition of eTips, Trent Brownrigg, of work-at-home-jobs-iowa.com,
will teach you all about affiliate marketing.
I hope you'll enjoy the publication.
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 What
Is Affiliate Marketing and Is It For Me?
By
Trent
Brownrigg © 2006
Affiliate marketing can be defined as a widespread method of promotion in
which an affiliate is rewarded for every view, sale, and/or registration
produced through the affiliate's efforts (depending on the type of affiliate
program).
It's similar to collecting commissions as a typical salesperson would. The
more the affiliate sells... the more the affiliate gets paid. It's as simple
as that!
Compensation calculations vary but are typically based on one of the following:
Pay-Per-Click (PPC) - a specific amount is paid for each visitor the
affiliate sends
Pay-Per-Lead (PPL) - where the affiliate is paid for registrations
or sign-ups
Pay-Per-Sale (PPS) - a specific commission per sale is paid to the
affiliate
If your goal is to generate your entire income online you can drive traffic
from your subscriber lists, your websites, and from other marketing methods
to affiliate links.
What About Product Sales and Marketing?
You'll want to watch for great products and services with the potential to
benefit your niche market and your mailing lists. To build trust and income,
it's best to recommend only those products that will be of specific interest
to them. It's a win-win situation for everyone that way.
When an affiliate is marketing any product, the cost of marketing the product
is absorbed by the affiliate, so it's important to keep that cost in mind
when promoting products. Typically the higher the percentage of affiliate
commissions possible from any quality product, the more that product is worth
promoting.
When a product is sold through the affiliate's personal link, depending on
the service used, the total sale is divided up among the vendor, the affiliate,
the taxing authority, the shipper (if any), and the payment processor.
It is common and expected that all affiliate details be spelled out in the
affiliate sign-up process. However, you shouldn't be afraid to contact any
vendor to clarify their affiliate program if you have questions. Often you
can telephone or email for a fast reply. If they are not willing to answer
your questions then you should stay away from them. There are plenty of other
quality affiliates programs that would love to have you!
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Is a Digital Lifestyle for Me?
Many standard retailers offer very small commissions for affiliate sales
while most internet marketers offer around 50%-75% of the sale for being
an affiliate of their digitial product. This is why being an affiliate of
digital products can be very lucrative in a relatively short period of time.
Although the number of affiliate programs for tangible goods and off-line
services is rising, a completely digital lifestyle can be developed solely
from digital or downloadable affiliate products that may never take physical
form.
Of course it's important to note that as an affiliate of any tangible product,
you generally never do more than promote a link to the product online. So
in that sense it's basically the same as a digital product.
One of the best places to find digital products to affiliate with is
ClickBank.com. They
have an automatic affiliate program built into their payment processing service
so that affiliate payments are not left up to the product owner to process.
Three other good affiliate programs to check into are:
CJ.com (Commission Junction)
Amazon.com
LinkShare.com
Staying with reputable, well-known internet vendors makes a great deal of
sense because you know you will get paid, you know when to expect a check
or bank deposit, and you can see your account details online at any time.
Plus, if you do have a problem they are more than willing to take care of
it.
How Do I Get Started?
There are many ways to start with affiliate marketing, but a basic starting
point is to have a web site with text or image affiliate links to products
you want to promote. Generally you want to stay focused within a niche or
interest group to increase your sales potential. In other words, you don't
want to have many different affiliate links to variety of completely different
markets on your website. Stick to a similar theme.
If you have used the products, your promotional efforts could include a product
review based on your own experience along with images and other supporting
information.
Developing an email opt-in list is helpful in affiliate marketing because
it gives you the opportunity to find the products and information with the
most potential benefit for a group of like-minded individuals (your subscribers)
and tell them about it. A targeted list of subscribers, that you have built
a good relationship with could be worth thousands of dollars over time.
By promoting affiliate products to several targeted niche markets, it is
possible to create a substantial income over time. Especially when the affiliate
marketer is only promoting quality products with a real potential to benefit
customers within the niche.
In conclusion, affiliate marketing is a great way to build an income without
having a product of your own, and without having to do much more than get
interested people to view product information through your affiliate links.
It's very easy to get started and can eventually put a lot of money in your
pocket. But be prepared to put in a lot of time and effort. Making money
online through affiliate programs is not easy. If it was everyone would be
rich.
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