How to Start Your Own Online Affiliate Business Today!
Affiliate Marketing is a great complement to any other business model. Basically, you recommend products and services to your readers, and every time one of them makes a purchase through your refferal link, you receive a commission. Commissions can range from a few percent ot the purchase price, to upwards of 50%, and some affiliate programs pay you up to 100%. Physical products usually have a lower commission rate, while digital downloads have higher commissions.
The upside of Affiliate Marketing is that it is simple. If you are established as an expert in your industry, you likely already tell people what products and services you use in the course of your business. You will continue to do the same… only now you will get paid for it!
There are a number of widely-known programs online to find products and services to promote. Some of teh most popular are:
You can also “Google” the industry you are in, along with affiliate programs, such as “scrapbokking affiliate programs” to see what other retailers and programs are available for you.
When promoting products through affiliate programs, there are a few things to keep in mind:
- Only promote products you believe in. If you start promoting any products under the sun, whether or not you have tried it yourself, you are going to lose credibility and trust with your audience. You want them to believe that you have their best interests in mind – and that means only recommending products you know and trust.
- Give Value. To have a viable business, you must offer value. How can you make it easier on your readers to buy the products they want and need? Can you give more details so they can make informed buying decisions? Can you offer coupons or tell them where to get the best deals? Or maybe you can perform a full review so they can evaluate products before they buy. Figure out a way so you are adding value to the purchasing process.
- Promote the Product. You can’t just throw up a bunch of links or even review posts and axpect to see massive traffic and sales. Instead, actively promote your affiliate links through social media, article marketing, and more. For instance, if you write a blog post comparing two popular cacuum cleaners, link back to teh post from other blog entries and promote it on Facebook, Twitter, and even YouTube.
Because of its versatility, Affiliate Maketing is the perfect addition to any blogger’s repertoire of money-making methods. You can spend as much time or as little as you like, but it is a method worth considering.
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