Last week, I had a chance to talk to you about how you can make money blogging. Today I am going to focus on making money through affiliate marketing. As I said yesterday, making money through affiliate programs has been around for a long time and it is one of the best ways to make money. However, in order to be successful with affiliate marketing, you must work really hard to carve out your niche. If your web site is all over the place, you will not be successful with your affiliate marketing.
How to Make Money – Affiliate Marketing Tips
Your blog or domain is a great source of income- many webmasters and bloggers often fail to give attention to this fact. It is every bloggers goal to make his or her blog the gem among the pebbles in the vast blogging world. However, working hard for your blog or your website doesn’t end with having a steady stream of readers and followers. The challenge lies in converting this traffic significantly- and what could be more significant than earning decent money.
Affiliate marketing is a very popular method of making money online. The affiliate marketing train keeps getting longer and crowded every minute with lots of people jumping in. Affiliate marketing is relatively easy – all you need is a few minutes of your time for signing up, and sometimes a very basic knowledge of HTML.
Affiliate Marketing Defined – In this mode of making money online, your blog becomes an avenue for other e-commerce entities to advertise and campaign their own products or services. In much simpler terms, you help these business entities earn- and get a commission or percentage from their sale at the end of the day. Thus, it is a necessity that your blog or your website should have a decent number of traffic in order for the advertisements to become efficient.
Where To Find Them? Looking for affiliate marketing programs is not an intricate task anymore as they can be found almost everywhere. Among all the available affiliate marketing dedicated sites, Clickbank.com is proven to be on the a-list because of the variety of products to choose from.
Basically, your task is to become an affiliate by marketing the product in your blog or website. Becoming an affiliate allows you to post links of certain products (those you have chosen) in your own site. Every time a customer purchases a certain product through your link, you get a commission for it. You can make more money through affiliate marketing than Google Adsense. If you are using Google Adsense, you are referring potential customers to another site that may be affiliated with a product of some sort. You will probably get 25 cents per click through but if the website make a sale, the website owner may make anywhere between 5% to 50% plus. This means if the product he or she sold is $10, the website owner has the potential of making anywhere between 50 cents to five dollars. This is much larger than the 25 cents (or closer to it) per click through you’ve received. This is why affiliate marketing is better off to make more money online.
How To Market Effectively – Marketing the products you are affiliated with should not end with merely posting their links on your site. You have to be creative and resourceful- make use of available resources in the internet.
One very important and widely-used means of marketing affiliated products is through online magazines, e.g. Ezine Articles. These online magazines, just like tangible and real life magazines, are common sources of information, advertisements and reviews about products or services. Normally, people would dig into these sites and see which product would be better off purchasing.
Online forums and discussions are also good avenues of marketing affiliated products. With the help of these sites, you can directly identify the persons who are in need of products which you are affiliated with, thus leading to a more productive affiliate partnership.
You can also purchase advertisement through Google Adwords and or other similar advertisement programs to market your product. If you believe that you can convert certain percentage of your visitors, then you should try this sort of marketing. You will definitely make money if you can predict and calculate your outcomes.
I hope you find this information useful. Please don’t forget to leave a comment below.