What is Affiliate Marketing?
By Brandi J Roberts
Affiliate Marketing is simple – it is the act of promoting others’ products or services in order to make a commission when a sale is made. For the purposes of this tutorial – we are going to be referring to affiliate marketing that is completely conducted online (also called online or internet marketing). No previous experience is required and you are never too young, too old, too broke, or too wealthy to start. Affiliate marketing can have low start up and running costs – or one can promote high-end offers with a very high marketing budget. We all start somewhere.
How Much Can One Earn with Affiliate Marketing?
This is a beautiful question. An affiliate marketer can earn as much as he wants depending on how hard, smart and consistent he is willing to work. The key is finding the right offering for you in your particular situation and be able to properly market that offer. Commission levels can range from 1% all the way up to 100% (however there will most likely be merchant fees or admin fees involved – but some companies do pay out a full 100% Commissions* on their qualified products).
How can one promote goods and services with affiliate marketing?
There are several options when it comes to promoting your offer. There are free and paid options when promoting your particular offer. Free include posting ads on craslist.org, backpage.com, or other free ad sites. One can use article marketing, blogging, and social media marketing by sharing your unique links within these posts. Paid ads include solo ads, magazine ads, ppc (pay-per-click) ads, ppv (pay-per-view) ads, banner ads, text ads, and the list goes on. Article marketing, blogging, and paid advertising are more targeted tend to organically attract the group you wish to advertise to – generally creating a more quality prospect source.
Who Participates in Affiliate Marketing?
- People who just want some extra cash
- Stay at home parents
- Retirees looking to supplement their income
- People who are tired of their jobs
- Someone who has knowledge/skills in an area of demand
- College students who have a few extra hours in the week
- Someone who lives in a remote are but has internet access
- People who want to donate more money to their charities
What Can Affiliate Marketing Do For You?
- Increase your standard of living
- Help build a substantial savings account
- Help offset your holiday shopping budget
- Save for kids education
- Time Freedom – to do what you want
- Travel More – Travel Farther
- Allow you to be more generous with your charities
What Kinds of Things can I Promote as an Affiliate Marketer?
The possibilities are endless. There are various websites (like Clickbank and JV Zoo ) that allow product creators and service providers to list their products and services allowing anyone to resell them for a commission as listed. Other examples are Coupon Sites (like Groupon and Moolala) Art to Sports, Politics to Travel, Insurance to Cars. There are a lot of passions that the affiliate marketer can identify with and thus promote in earnest. Common websites that you can become an affiliate with are sites like Amazon.com, ebay.com, walmart.com, and on and on.
WARNING: it is generally not a good idea to promote something you have not purchased or used yourself. And promoting junk will ruin your reputation and cause mistrust amongst your readers/followers.
Find something you are passionate about – and see if you can become an affiliate of something in that niche. Then, find the ways you wish to market these products or services. If you are interested in blogging on a viral blogging platform – the Empower Network offers a self-hosting authority ranked blogging system for only $25/month. This would be a fantastic venue to promote your affiliate links. The Empower Network also has an affiliate option (feel free to inquire for more info).
Because my focus is in the internet marketing field – I tend to gravitate towards products and services that provide training, tools, and personal development for those in network marketing industry. I focus on people who are already in network marketing, multi-level marketing, or affiliate marketing and just want to take their business up a notch or simply add to their multiple streams of income. When you find your niche and focus on your target audience – you are bound to succeed.
Things to Remember:
As an affiliate marketer – you are in business for yourself. This means that in order to become successful – you must manage online marketing as a business. In order to be successful, you must market your business consistently. If you have little to no money at first – use the free or low cost methods. As soon as you make some money, it is advisable to spend at least 20% of your profits on marketing efforts.
To Join an exclusive group of fantastic internet marketers – from mentors to newbies Click Here This is a safe place to have your questions answered, develop relationships, or just be an observer.
*Feel Free to Check out NMVT – This site offers training, coaching, and an ever-growing software suite for the online marketer. (warning the home-page video is a little cheesy – but worth watching. You can also schedule yourself to watch the webinar hosted by the founder that explains in details the benefits of getting on board with NMVT) Click Here
To learn more about affiliate marketing or to inquire about personal coaching to help you succeed in your online business, please contact me at:
Brandi J Roberts
Tel: 208-283-9122
http://www.facebook.com/workwithbrandi
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