3 Tips For Starting an Affiliate Marketing Business
Step 1. Choose a product – The firs step in promoting other people's products as an affiliate is to choose a product to sell. And the easiest way to set yourself up for easy sales is to check online marketplaces to sell what's already selling (in other words, what's in demand). You can go to an affiliate network like Clickbank and check their most popular products in a category that interests you. Or you can look to see what products are popular on Amazon or eBay. You can even use Google Trends to find out what items people are searching for. By using these resources, you can determine whether there's an existing demand for various products, so you'll know which ones will be profitable to promote. Then all you have to do is find an affiliate network that pays a nice commission for a hot-selling item and sign up with them for free to get your affiliate link.
Step 2. Drive traffic – Once you've determined what you want to sell, your next step is to drive lots of targeted traffic to your affiliate links. You can do this either by using Pay-Per-Click advertising like Google AdWords or Yahoo Search Marketing, or you can use free methods such as Search Engine Optimization your site or writing and submitting articles to popular article directories. With paid advertising, there's always the risk that you could lose money if your ads do not perform well, but you can also start seeing traffic and sales within minutes if you set up your ad campaign correctly. On the other hand, if you do not want to spend money on advertising, you can always use SEO and article marketing or blogging to drive traffic, but these methods typically take longer to deliver results, so decide whether you prefer to invest time or money into your marketing.
Step 3. Convert browsers into buyers – Of course, having a ton of visitors to your site does not do any good if they do not buy anything while you're there. To convert these browsers into buyers, you can structure your website as a review site, where all you're really doing is providing an unbiased-sounding review of the product you're promoting. People are much more likely to buy from you if they see you as an objective reviewer rather than a salesperson. On the other hand, you can give people an incentive to buy through your affiliate link by offering them a free bonus related to the affiliate offer. For example, if you're promoting a course on starting an online business, you can offer a free bonus tutorial on generating traffic to anyone who purchases the report through your link and sends you the receipt. What person who's just learning about starting an online business would not want to know how to generate traffic to their site? With a relevant offer like that, you've just given someone a great reason to buy from you!
Choosing a product, driving traffic and converting browsers into buyers are the three elements of any successful affiliate marketing business. Now that you know what they are, it's time to put them into action and start making money from affiliate marketing today!