Just like the recent celebrity breakups and a prince’s resignation from his royal duties, affiliate marketing has become a hot topic nowadays. I know it’s not related, but you get the point.
Most aspiring internet marketer’s problem is not having enough start-up capital. So affiliate marketing became the practical go-to-business model to start their journey.
—Who would refuse to make money without leaving the comfort of their homes?
—Who wouldn’t want to produce some revenues online without necessarily owning a product or service? Sounds good, right?
It’s fascinating that we can make an income off of someone else’s product or services; you are not the only person who finds affiliate marketing intriguing.
Although affiliate marketing is not rocket science, it’s not as complicated as it may seem. The fundamentals that we need to understand are simple, but it still requires work, patience, and dedication from our part.
This field of making money online is very competitive. If you want to become a good player in the area, devote time and effort to learn the business.
Concerning the subject at hand, I’m always telling people that starting with this business model wouldn’t require you much of a capital. But regarding gaining quality skills and knowledge from the right sources, it’s also possible to invest some money for it. They are necessary for the success of your business and cultivation for your personal growth.
Affiliate Marketing Tips that Could Make or Break your Endeavors
Tip No. 1
The first practical step in affiliate marketing is to choose a commercially viable product to sell.
Keep in mind; there are millions of products and services to pick from various companies online. While some are good to excellent offers, some might not be so good that they could tarnish your reputation in the long run if you push through with them. So be careful in choosing the product or service you wish to offer your niche.
Have a list of criteria that the product must meet. And there are companies online that will help you with that.
ClickBank, for example, is a top-rated place to get started with affiliate marketing.
The site itself offers many affiliate marketing tips. If you’re one of their subscribers, they will notify you of an upcoming webinar. They usually organize free webinars with pieces of training, further adding skills and knowledge for their affiliates.
If we go to the site’s Marketplace section to look for specific products or services to promote, we will see Stats that tell us how well they are doing. Though, some internet marketers feel that these Stats are not all too reliable.
But if you find a product you like to push with a satisfying Gravity measurement, then click that promote button. From there, there will be a pop-up to where you can generate a Hoplink. It is just your affiliate link to the vendor’s landing page.
Another excellent site to become an affiliate is Involve Asia. With its three hundred plus advertisers that are still growing in number, you can never go wrong.
Note: You have to either be an active publisher or advertiser before you can fully use their platform.
Tip No. 2
Another one of the most overlooked affiliate marketing tips has to do with traffic testing and tracking.
As you will soon realize, or probably know already, there are a million and one ways to get traffic to your affiliate offers.
How would you know which one is the perfect choice? Nobody has the foolproof answer, that’s my honest assessment.
One method can work for Juan, while it might not work for Pedro. It also depends on what product or service you are offering.
Try one for a while and evaluate its pros and cons. See how that works for you.
Or try split-testing and compare them with each other. When you find some that are outperforming others, invest more time, effort, and probably money into those and let the others go.
Tip No. 3
Last but not least, give much consideration to the support and value you can give your customers.
Yes, that’s right!
But some gurus will scoff at this advice. That’s because they focus their teachings more on product acquisition for the sake of having one.
There’s this guy I know of with a five hundred dollar course. Most of what he teaches revolves around outsourcing the materials, then publishing and selling them right away as your own. There’s nothing wrong about the practice, but it’s not 100% right either.
What did he miss? — For the benefit of his students, instead of inputting subtle thoughts to become like him overnight and build an “expert persona,” he should have taught them more about learning the products they are to sell.
In a traditional business setting, when you are selling something (whether or not the product is yours), prepare yourself to answer questions about it. That goes the same when doing it online.
While this may bother you at first, it is one of the many factors that will separate you from other affiliates who are not answering questions.
It might also mean that you will have to buy the product and not just promote it blindly.
You need to know its real features, advantages, potential problems, etc.
That’s what I did. When I can’t find a proper review of a cheap but functional external soundcard online, I bought the thing.
I’ve tested all it’s said features and eventually found its advantage and disadvantages.
Then I made a video review that what I think was the first one field-testing the product in my language.
What happened next?
Well, months later, some of my fellow Juans made their versions of video reviews. At some point, I guess I helped them buy the same product.
Affiliate marketing can be lucrative! But it can also become a waste of time if you neglect to follow specific rules.
If you focus your attention solely on making money, you’ll get lost in the vast space of the internet.
Like any other business model on the internet, affiliate marketing also has some fundamentals that you need to follow and execute.
Make use of these affiliate marketing tips. They will help you get distinguished from the other affiliate marketers in the business today.