Affiliate Marketing – Things to Know
Unless you’ve been living under a rock, you have probably heard of countless ordinary,
working-class men and women who have supplemented or even replaced their
full-time income with an internet phenomenon known as affiliate marketing. But
what is affiliate marketing, exactly? Most importantly, how can you cash in on
this growing business opportunity while it is still as white-hot as can be?
Keep reading!
What Is Affiliate Marketing?
Quite simply, working as an affiliate is much like the online version of being a
sales associate for a car dealership, furniture store, or insurance agency. The
only difference is that you can work for as many different companies as you
want, on a freelance basis, without ever having to answer to a chain of
command. Oh, and you can do it all from home in your undies!
What’s even better is that if you do it correctly, you can keep making money for
months and years to come without ever needing to maintain production. In other
words, you earn residual income for your efforts. Work once and get paid over
and over again, not a bad system! But there is a catch.
Is Affiliate Marketing Perfect?
In all honesty, this business model is near-perfect. You get to promote other
people’s products, earn excellent commissions essentially on autopilot, never
handle any inventory, never need to create a product of your own, and never
deal with any customer service issues. It’s nice like that. The only problem I
can see with being an affiliate is that you only get paid for your efforts. As
a product owner, you can build an army of affiliates to work for you.
That said, affiliate marketing is the perfect way to make easy money online with
virtually zero hassle whatsoever. And the money you can earn is ridiculous.
There are affiliates out there right now earning Six and Seven figures per
year, and “super affiliates” earning this much every single month!
Yes, some affiliate marketers are earning well over a million dollars on an
annual basis!
You can’t live with this kind of money. But it can help you pay a few bills.: =)
How Can I Cash in With
Affiliate Marketing?
The process becomes second nature over time. The first thing you’ll want to do is
choose a good product to promote. There is a whole list of criteria you should
follow to ensure you’ve found a good product. But I assure you, these products
are everywhere. Some things you should look for include:
- High
demand (obviously) - Good
payout - Good
customer support (we never want to promote shady products) - High
conversions - Strong
reputation - “Evergreen
niche” (will sell all year-round) - Solves
a real problem
There are many additional criteria to consider, but these should get you started. You
can find physical products to promote at Amazon, Commission Junction,
LinkShare, Market Health, and some other tangible product affiliate networks.
For digital products, Clickbank and PayDotCom are the most popular networks to
go with.
The components of success in an online business, such as affiliate marketing, are
varied, but the most important thing you need to be successful is the
individual. It is the person who can do everything that will ultimately lead to
prospects, and the desire that feeds his reader is the fuel that will allow the
affiliate marketer to move on.
Affiliate marketing is about conveying your fate in your hands. The right attitude is the
key to success in an unknown area where peace of mind can be found.