How to Make Money and Multiply With Affiliate
How to Make Money and Multiply With Affiliate
Affiliate marketing has been around for years. People have been doing online affiliate marketing for years. People who own web sites that are promoting a product or service are always looking for people to promote their website for them. In exchange for your time they are will to pay you a commission for each sale. Sometimes they pay an online affiliate up to as much as 75% to 95% per sale. Why so high? They are trying to generate traffic and get repeat customers
You will just need a few good products - affiliates that you promote and are paid for promoting them. You must have heard about commissions that people earn when they sell a product of a specific brand. What we are going to do is similar in context only our product will be Internet based. Digital products are the high value products that generate much higher commissions that any other products. Electronic books or e-books and most Internet software's today are classified as digital products as they can be directly downloaded after purchase. "Commission Junction" and "ClickBank " are some of the websites that offer such services .You get a unique affiliate link that has your reference ID as soon as you sign up for a product that you find attention-grabbing. The reference id on the affiliate link will allow the commissions on each sale to be tracked correctly and assigned to you.
Get a domain name to redirect/forward to your affiliate link. Go one step ahead and make your affiliate link look legitimate by buying a Domain name (.com). You can easily register a domain name at a very cheap price (like $7.99). Therefore, when someone types in your .com or domain name in his or her browser, it will go to your affiliate link. The visitor will obviously see the website with the product that you promote, and the commissions will be tracked correctly.
An affiliate link looks very odd example "affiliatedoman.com/product?refid=mmhaas" compared to the domain name which you will be registering. Example if you are selling digital video software like "DivX" then your domain name can be something like divxsoftwaredownload.com. A domain name masks the affiliate link look like it's your own website. Therefore you have a website for free as well as a product to promote with large commissions to earn.
Remember this "Higher Traffic = Higher Sales". If you are a good writer then write an article promoting your product and a link at the bottom to your website. Articles are the best ways to spread the word about products or services and generate traffic. If you are not a good writer, get an article written from some freelancer. In order to make high commissions from your sales, you need to get traffic to your website and thus the affiliate website.
Start an advertising campaign, make sure you do not spend more than you earn. Make a definite plan of action about the amount of money you will be spending on advertising. Many article directories and websites will readily publish your article free with your links. You will be generating money without spending a dime on advertising if you follow this method. This strategy is simple if you have a good article people will read your article, if they like what you describe they will click your link to buy the product, generating commissions for you. With these repetitive steps you will definitely be earning money in a few months and all this without a website.
Now what could be better than exceeding your personal sales goals for a given month or year? How about doubling, tripling or even more of you sales goal for the month? This is precisely what affiliates can do for you too. The amount of expansion potential through affiliates is unlimited; the more affiliates you have the more money you can make. You must understand that for maximum growth you cannot do it alone. The success is based on two things; a great product and excellent affiliate programs.
To attract affiliates to your company you should make it worth their time. Offering one percent of sales, is not an attractive offer, the higher the commission that you are able to offer your affiliates the more affiliates will be tempted to join your team. You should also provide your affiliates with the tools that they will need to successfully market your product such as banner ads, articles, and anything else that will help them to better market the product. You should provide the affiliates with product information through newsletters, new promotional campaigns and other things to motivate and inform the affiliates.
You can choose to run your affiliate program in a few different ways, both of which are beneficial to your business. A one-tier affiliate program allows you to generally offer a larger commission and pays on one level. The affiliate will receive a predetermined amount for each sale. Using a two-tier affiliate program, affiliates are paid on two different levels. This is done by allowing the affiliates to recruit others to sell under them. In this situation, the top level affiliate would receive a slightly larger commission than the recruit or second level affiliate.
Setting up the affiliate program can also be done in two different ways. One way is to do it yourself through an affiliate tracking software. This software will provide you with a way to track affiliate sales as well as allow the affiliates to view their progress. The downside to this option is that you are responsible for making payments. You can also choose to hire an affiliate tracking company to do all the work for you. These companies will allow the use of credit cards and completely run the affiliate program from billing customers, paying affiliates, and also pay you. This is a great choice for the busy business owner or the beginning business owner and it is affordable as most affiliate tracking companies charge a small onetime fee. However you choose to run your affiliate program it is sure to increase profits for your business.
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