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8 Tips For Affiliate Marketing Success
It always
surprises me how much money you can make by selling other people's stuff
on the Internet. The real numbers never truly hit you until you fill
out your taxes. Eight years in and the numbers still shock me. Always.
More
than the numbers, what really amazes me the most is the lifestyle one
can achieve from online marketing. You can be your own boss, work your
own hours, carry out your business from anywhere in the world you want
to live. You can create automatic marketing systems that work 24/7/365
days of the year. Earn money even when you're sleeping, vacationing or
out enjoying a gourmet meal at your favorite restaurant. Total freedom.
So
is it any wonder then why I am constantly analyzing my whole marketing
structure to figure out what is working and what is not working? Finding
out just what strategies are giving me the best returns on my efforts
and time. And I am constantly trying to discover just what I can do to
increase my affiliate sales and online traffic.
It basically
means breaking down your online marketing into its core elements and
examining each one with close scrutiny. What can be improved? What can
be eliminated? What needs to be redesigned? Any serious online marketer
must be actively working on these core elements to stay competitive in
the affiliate game.
With these thoughts in mind, here are some
simple marketing strategies that can affect and contribute to your
success for selling affiliate products on the web. Marketing factors
that should always be at the back of your mind, influencing your every
move.
1. Quality Content
People use the web to find
quality content or information. Always remember this fact and apply it
to each step of your marketing plan - give your visitors quality content
and you will succeed online. There are no ironclad guarantees, but get
this one step right and you will probably make money online.
Design
your website and your webpages around quality content. Useful, relevant
content will give people a reason to come to your site and also give
them a reason to return. Provide good information first and let the sale
or selling be secondary. People do not like a pushy salesperson, not in
real life and not on the web. Develop a friendly, helpful relationship
with your potential customer and you will succeed.
2. Keyword Driven
The
Internet is keyword driven. These are words or phrases people type into
search engines to find what they're looking for on the web. They are
also your keys to online success if you're going the SEO route, picking
the right keywords will be your main starting point.
Professional
marketers use keyword software like Brad Callen's Keyword Elite to
research and find their profitable keywords, but there are many free
tools/sites which you can find online to help you do your keyword
research - Seobook.com is a good one. Daily monitoring of your major
keywords is also important to keeping them in the top positions. Any
movement downwards should spark more link and/or content building
immediately.
Keep in mind, Google, which controls 60 percent of
the web's search traffic, is also a great source of information on your
keywords. Use Google to search the sites in the top 10 spots for your
keywords; also check Google for the Paid Ads related to your keywords
and monitor these ads over a period of time to see which ones are
profitable. Do your keyword homework and your affiliate marketing will
be a lot easier.
3. Niche Focused
If you're into affiliate
marketing, you must concentrate your efforts on small niche markets
where the competition is not too stiff. Choosing the right niche markets
is vital to your affiliate success. Demand should be high and/or you're
selling a high-ticket custom item.
Once you have chosen your
particular niches, concentrate on dominating these in all the search
engines. But don't forget that the fastest and sometimes the most
profitable way to tackle a niche is through PPC (Pay Per Click)
advertising - especially if there is little or low bidding on your
keywords. Google Adwords, Yahoo Marketing, Microsoft AdCenter... should
be explored and tried.
4. List Building
The power is
always in the list. Make sure you collect the contact information of
your site's visitors. Offer free ebooks, guides, special deals or
bonuses... to get your prospects to opt-in to your AR follow-up systems.
Studies have shown that people usually don't buy until the six or
seventh follow-up.
I like building hundreds of micro-lists for
all my major promoted affiliate products. These follow-ups with
specialized information and special deals, coupons and bonuses will
increase your sales.
5. Traffic
Obviously, traffic is one
of the key elements to earning money online mainly because without
traffic you're dead in the water. You must explore all avenues to
generate quality traffic to your affiliate links. These sources are
always changing; blogging and social bookmark sites are very important
now. So too are video and audio formats so make sure you use them in
your marketing.
Article marketing has worked extremely well for
me and it is, along with search traffic, the main reason I can earn
income online. A simple marketing technique that still works because
articles will bring targeted traffic to your site or sites.
6. Conversion Rates Are Crucial
In
affiliate marketing or in any kind of marketing, your conversion rates
are crucial to your success. You can get all the quality traffic you
want but if you can't turn those visitors into a sale, it's game over.
Your
sales pages or content must convert into a sale in order for you to
succeed. With affiliate marketing it is a little trickier because not
only do your pages have to "pre-sell" the affiliate product but the
landing page/site where you send that traffic must also convert into a
sale.
However, I have discovered one of the keys to high
conversion rates has nothing to do with landing pages, sales pitches,
etc., but has to do mainly with which products that you decide to
promote. You must thoroughly research your affiliate products and ONLY
promote the top quality brands in your niche and you will have much
better success. Also choosing products that are only available online
will increase your conversion numbers; so too will promoting products
that offer special discount coupons and deals.
7. Multiple Streams and Residual Income
Any
serious online marketer will leverage their traffic and marketing by
promoting many different products and services. They will develop
different sources of income from their sites with affiliate links,
Google Adsense, paid advertising, partnerships... are all used to
develop multiple streams of income. It one should dry up, there are
countless others still producing income.
I have found the major
third-party affiliate networks like Commission Junction, LinkShare,
Shareasale, Affiliate Window, Amazon are really good for finding and
promoting products online. These sites will handle all the record
keeping and sales stats for you. Plus, they send your monthly checks to
you like clockwork. All you have to worry about is providing quality
traffic to your affiliate links.
However, like any professional
marketer, I save my special promotions and efforts to affiliate products
or services that will give me a high return on my marketing efforts.
Mainly, I only promote high-ticket items or products that will give me
residual income. Make one sale; get paid time and time again. I also
like forming partnerships with companies so that I get a percentage of
the sales for the life of any client I refer. Those arrangements have
special priority for the obvious reason they give me long-term residual
income.
8. Testing Will Show You The Money.
Perhaps, like
in those multiple-choice exams, there is one sticking point. You can
check-off "None of the above" if you don't apply one thing for all of
the "success strategies" listed above.
You Must TEST Everything.
You
must constantly test and track what is working and what is not? Which
traffic is converting? Which keywords are converting? Which products are
converting? Which niches are profitable... you simply must TEST and
KNOW which factors are working in your online marketing structure?
Unless you test and track everything you will be marketing blind, and
that's no way to run an online business.
I have found Google
Analytics to be extremely helpful for testing and improving your
conversion rates. I am also a firm believer in the daily reading of your
traffic logs and stats... these places will show you where the real
money is hiding. Use this information to improve your traffic and sales.
Like
any endeavor, the more knowledge you have, the more successful you will
be in reaching your goals. This is especially true for affiliate
marketing on the web. And always remember, affiliate marketing does take
some work and time to set-up, but the rewards are extremely rewarding. I
hope you will use some of the marketing tips I have given you so you
can experience these rewards for yourself.
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