Successful Tips for Affiliate Marketing
By Scott F. Geld
Posted Tuesday, August 10, 2004
Affiliate programs can be an effective way of earning money by just focusing on Internet Marketing. It doesn't matter whether you have a product to sell or not; if you can harness the benefit of those already selling on the web, you can get thousands of affiliate programs, which will pay you commission for selling their products. It is just like becoming a retailer for some manufacturing company, which pays you once you affect a sale of their product. But to choose from thousands is a difficult thing altogether.
Let's give a look at an example of any brick and mortar business. Imagine you have a local shop and you are selling products of a brand, which is well recognized. As you cannot store more than two or three products in your one single shop, the same logic applies on the web too. Since you have a web presence, it doesn't mean you would sell all the products available on the web. Keep yourself restricted to some niche products. If you wish to sell more, then get more websites running, which would sell all those other products too. The mantra to succeed here is to have specialty websites, which offer one or more like-products rather than selling everything available under the sun.
Getting good profit margins on affiliate programs is also a crucial factor. You must consider those programs, which provide you ten percent or more in commission. Choosing the product to sell is also of importance, as everyone knows selling a product worth $20 is as difficult as selling a $200 product. So analyze and decide what would sell, at what price, and how much commission you would get on that. It is all about algorithms and statistics on the web. If you learn the fundamentals, chances are that you would be making some money initially and thereon you would be a marketing guru yourself.
You would be surprised to know that all Internet marketing gurus started their business on the web and that is quite logical. You should read their success story, learn their success formula, and follow those principles. Affiliate programs are just about how you market a product on the Internet. You should be able to generate traffic on your website and able to turn browsers into buyers. There is a gamut of products, which would sell like a hot cake. You just need to identify those and become a reseller, thereby earning handsome commission on your efforts.
About the Author
Scott F. Geld is the Director of Marketing for MarketingBlaster.com, a company providing targeted traffic and leads: (http://www.MarketingBlaster.com)