In affiliate marketing, you start selling other people's products
online. Every product owner will pay its affiliates a part of the
transaction which can amount to anything upto 75% of the cost of the
product. Most of the affiliates with the right tools and knowledge can
earn anything up to ten thousand dollars every month from affiliate
programs.
But a majority of the affiliates fail miserably in their affiliate
efforts or earn insignificant amount of money. Here are some of the
Secrets of Success in affiliate marketing:
Secret #1: Treat Affidavit Marketing as a Business
This way, you will be able to give more due and attention to your
campaigns. Market an affiliate product as if it were your own. Build a
business around it, pre-sell the product by having a pitch page of your
own, offer free stuff, follow up and have backend offers to maximize
profits from every product you promote. Following this cycle is the
Formula of Success in Affiliate Marketing.
Secret #2: Promote Quality Information Products
People are hungry for information. Every day, millions of people are
searching online for information. If you really want to make money fast,
then I highly recommend that you start selling information products.
These products are available for immediate download, have high profit
margins and affiliates earn high commissions. If you want to search for
information products, visit Clickbank.com, open an account and enter
ClickBank Marketplace.
Secret #3: Pick up the right products
Choose products that pay about 50% of the sales. Also look for %
referred for the product. Anything above 50% is a reasonably good
figure. You can search Top 10 products by category i.e. popularity,
gravity, $ earned/sale, % earned/sale and % referred.
It may work out that you have chosen a product, but there is very high
competition for that product which may force you to pay a very high CPC
price. You can chose products for which there is less competition but
you still have good chances of making good money as a lot of people are
searching for those keywords. Remember, this exercise will involve a lot
of home work by carrying out the market analysis. If you have time to
spare, 'https://adwords.google.com/select/KeywordToolExternal' can help
you to some extent. But I recommend Keyword Elite.
Secret #4: Know your Product
If you want to be successful in affiliate marketing, you have to know
the products you are promoting. One option is that you buy the product.
That will make your task of selling the product easier as you know the
product and so can easily convince the people to buy it.
If you don't want to buy the product, do a good research about the
product by going to merchant's site and know everything about it.
Giving your unbiased opinion or review is the best way to warm your
prospects up for better sales.
Secret #5: Create quality Ads
This task requires a lot of involvement and innovation on your part.
First you have to choose how to advertise your product. PPC advertising
is the best bet as your Ads are seen by only targeted visitors. Few
points you should keep in mind for while writing your Ads are:
1. AdWords allow a limited amount of text in Ads. Hence 'brevity' is the keyword.
2. The only way to stand out from the rest is to be different.
3. Always pre-sell your product with your pitch page.
4. Instill some sort of urgency in your prospects for buying in some limited time.
5. Always bring out free offers if any.
Secret #6: Capture Leads First
Fewer than 5% of the people those see your Ads will buy the product on
the first visit. So what happens to the 95% or more who don't buy?
Another big mistake that people generally make is spending time and
money on advertising and send buyers directly to a product owner's
website.
The truth is...If you aren't capturing your visitor's name and email address, you're wasting your money on advertising.
For long-term success in affiliate marketing, you must build an opt-in
list of buyers...people who trust you and purchase the products you
recommend. You can sell multiple products to the same prospects and
maximize your advertising efforts. All you need is a simple pitch page
to capture leads and an autoresponder.
Secret #7: Offer a Strong Incentive
If you want people to opt in to your list, you have to give them a
strong incentive. If you can create a PDF report on a high-demand topic
that's actually good enough to sell and then give it away, people will
like to download it. But how much information you should give away in
your free product. Give your customers just sufficient information to
make them want more and then recommend a product that fulfills their
needs.
Secret #8: Track Your Ads
Tracking is critical for determining how well you're converting visitors
to leads and leads to sales. Sometimes you just need to tweak your ad
copy and run the ad again for better results. You may also like to
disable the keywords which are not converting.
You need to know how many visitors, leads and sales you get for each ad
you place so you can determine whether or not you want to keep using
that traffic source or discard it.
No comments:
Post a Comment