Everybody is looking for ways to increase their earnings? Who won’t when you have bills piling up and credit card debts that may not be settled in the next five or ten years, making extra income is not optional, it becomes a necessity. The good news is that there are several ways via which anyone with the knowledge of the computer and internet can make money. One of such ways is affiliate marketing. You can make big money from affiliate program if you so desire. Do you know that affiliate marketing is one of the top 3 online income sources of successful internet marketers? If you don’t know before, now you’ve known.
So what is affiliate marketing? Affiliate marketing is a business method in which content publishers are financially rewarded for promoting a company and/or its products, for example ecommerce sites. So anytime a website owner or blogger sends traffic from their site to the ecommerce sites, and the referrals perform an action, they get paid in form of commissions. Action taken can be as simple as signing up on the merchant site or actual purchase of goods sold on the ecommerce site. Affiliate programs are best for used for website or blogs. Another alternative is through social media site. In either case, it is the amount of readership or followership you have that will determine how much success you make with affiliate program. Therefore you must start out with a plan. The beauty of affiliate marketing is that you don’t have to sell any physical or even virtual product, all you have to do is send traffic from your website to the company you are promoting. You can partner with as many merchants as you want depending on your strategy.
Although affiliate programs are different, pay-per-click (PPC) and pay-per-action (PPA) are the two major types. In PPC, you are paid for every click someone makes on the company’s banner ads on your site. Many companies offer this type of affiliate program. Some even pay you per thousand impressions (CPM) of advertisements shown on your website. In the second type, you are paid every time someone clicks through your affiliate link to the company’s site and then makes a purchase. You earn more with this method especially if the product purchased is high-priced.
So you can see how it works. What next is how to get traffic. Just as mentioned earlier, you will need a website or blog to promote your affiliate link and send traffic to the company you have affiliated with. So if you already have one up and running, that’s great and if not create one and work hard and right on it. Why? The money is in the traffic. There are several strategies you can use to market your affiliate links on your website. You can drive traffic to the company through banner ads. You put up banner ads promoting different stuff from the company on your website. Some big companies provide email ads which you can blast to your customer mailing list. Another method is writing product reviews. You write the amazing features and benefits of a specific product and insert your affiliate link in the article. You earn commission when potential customers click on the link to make an immediate or future purchase on the company’s site.
For the best results, it is advisable you combine these methods of driving traffic. Blog about it, send email newsletter to your loyal customers and put up banner ads in strategic positions on your site. You don’t want your website to look messy or turn away your readers.
A note of warning be sounded here, while your ultimate aim is to make it big with affiliate marketing, you must channel efforts into giving your users quality and valuable contents from time to time. And whatever product or company you will be promoting is better operating within your niche. Imagine having a blog within the fashion niche and you start promoting toys! That’s an outright mismatch.
Below are some of the popular sites you can join for affiliate program.
eBay Prtner Network, Amazon Associate, Clickbank, Affiliate Future, AdPlosion, Avangate, DigiResults, ShareASale.
You don’t have to limit yourself to these companies, there are several other companies waiting to sign you up for their affiliate program. So endeavor to use Google.