Affiliate marketing is the online business strategy of promoting products and services that are owned or provided by others and earning a commission for any sales that you bring in. Lots of successful online entrepreneurs have started out online using affiliate marketing. So how did they do it?
1. What Are You GoingTo Promote?
The first choice you are probably going to make when you start in affiliate marketing is deciding what products or services you want to promote. You can select digital products, physical products or both. Digital products include information products, video programs and membership websites that can be used online or downloaded immediately to the customer’s computer. A physical product is something that is actually delivered to the customer’s address.
2. Who Are You Going To Sell It To?
Making money with affiliate marketing is all about having a clearly defined target audience. Though you may feel like a salesperson, the truth is, you are merely leading buyers to the sales page of the products you are promoting. The product or service owner has likely spent a lot of time and money on their sales copy, so you should always leave the selling to them. All you need to do is provide your website visitors with the perfect solution to the problem.
3. Which Affiliate Program Will You Pick?
There are lots of affiliate programs to choose from. Be sure to check that you are using affiliate programs that pay good commissions, you get support from the product owner, know how you get paid and what proof there is that the product actually sells. Some popular affiliate websites that affiliates use to find products and services to sell are: Amazon, CJAffiliate, ClickBank and JVZoo.
4. Build A Website.
Setting up a website is not as complicated as you may think. First you need a domain name, which is the name of your website and some website hosting, which is the space you ‘rent’ on the internet. The WordPress website building platform is an easy to use and affordable way to get professional affiliate marketing websites online quickly and easily.
5. How Will You Reach Your Prospective Customers?
Generating customer traffic to your website and sales pages is often the most challenging aspect when getting started in affiliate marketing. When it comes to affiliate marketing traffic there are two main routes to take. You can use free marketing methods or paid marketing. Both have their advantages and disadvantageous and it is always advisable to use at least one of each method.
6. Build A List.
List building is one of the most important elements not only when getting started in affiliate marketing but throughout your entire online business journey.Statistically, a prospect needs to see your message at least 7 times before they are ready to make a purchase and email is the most effective way to do this. Also, when a prospect is on your list, it gives you the opportunity to promote other related products or services to them at a later date.