Affiliate Marketing - What is Affiliate Marketing?
Affiliate marketing involves finding and promoting products for
commissions. You find a suitable product, then create a sales
pitch(most product owners will provide one free) for it to present to
friends and/or other prospective buyers. You provide them with a link
on where to buy the product. If they buy, you get a commission.
Note here that you do not need to own any product. You even don't need
to know how it looks(although it's good to know what you are
promoting). All you need is to find people who are interested in a
certain product, find the product and refer it to them through your
link.
Affiliate Marketing is basically promoting other peoples products for
commissions. You need to know where to get these products, how to get
your links to the products that you wish to promote and then where to
promote them to make sales hence commissions.
If you want to do affiliate marketing, the following are areas
(marketplaces) where you can get products to promote:
1. Commission Juction
2. Ebay
3. Amazon
4. Affiliatebot
5. Regnow
6. Click2sell
7. Paydotcom
8. Hotelclub
9. Overstock
10. Clickbank
Sometimes, affiliate marketing is refered to as Modern Data Entry. See why here.
Below is a brief of some current marketing strategies that are hot in
the market now.
As you may have noted, internet trends change within a very short
period of time.
Keep checking all sections of our website for regular updates.
Marketing Methods
A. Free Marketing Methods
1. Using existing lists
Do you have a website or blog through which you have been capturing
peoples emails? These emails can be used to market your affiliate
products. Simply send a polite email to this list letting them know
about your new product(s).
2. using friends lists
Friends lists are personal emails in your email accounts, IM lists, and
other personal webmail accounts. It also includes your phone contacts
and other contacts. You may use these to make sales on your products
especially if you are promoting something that you feel could help your
friends in your personal lists. However, caution should be exercised to
avoid annoying your friends and as a result loosing them.
3. Social Media Marketing e.g. using twitter, myspace and facebook
Social media is one avenue where you can easily create raving fans of
your product who buy and also become returning customers. They also
become your voice out there. If what you are promoting is worth enough,
people will love it and shout all over about it. This gets you even
more sales.
4. Using common interest social groups
Basically, this is same as social media marketing. All you do is join
interactive social websites like swom, blastoff, peoplestring and
geostring and tell other affiliate marketers what it is that you are
doing. Some will get interested in your products and will buy, making
you good commissions.
5. Using craiglist
Craigslist is one of the most popular classified ads site worldwide.
Posting to it can create you excellent traffic to your website making
you very good sales commissions.
6. Using signature lines
These appear within your email(usually at the bottom). Every email you
send out will have your recommendation and a link to purchase.
7. using Reverse Email Marketing
8. Using opt in to websites and your gmail account
9. Word of mouth
B. Cheap but paid methods
1. Using domain forwarding- godaddy
2. using autoresponders and list creating- e.g.by use of aweber
3. using fliers, posters, business cards, post cards, road side signs,
and car door magnets etc.
C. Other methods
1. Using newspaper adverts
2. using affiliate programs - like by registering your product with
clickbank, paydotcom and so on so that affiliates can promote it on
your behalf.
3. Using opt in email lists - like dollarmines, herculist, GotAsafelist
4. pay per click (ppc) - Google Adwords, facebook, yahoo etc
5. Solo Ads - these are ezine advertisements.
Here are some more details about each of the above areas:
A. Free Marketing Methods
1. Existing Lists
If you have been doing email promotions for your products, you must
most likely have created a huge list of some of
the prospective buyers or actual buyers of your products. These are
what are said to be existing lists. However, not many people
have these lists and so this method may not apply for every person.
2. Friends list
If you have an email address, then you definately have a friends list.
All email contacts in your personal email account qualify to
be in the friends list. Just send them an email inviting them to have a
look at what you are promoting. Most likely, some will buy and you
will earn some commission from these sales.
3. Promoting to the public
If you have looked around, there are some inexpensive notice boards
where you can place your offers or details of the products you are
promoting. You may also use notices in places like gathering areas (
churches, conference halls, schools etc) and you are bound to get the
attention of quite a good number of people. This method is especially
quite effective because not many people use it.
4. Using Twitter
Twitter is a social network that is currently spreading like fire. It's
such a strong network that it can not be ignored by any marketer
who wants to make a good income oline. Apart from being a social
network, it has a very effective monetization potential. You can check
it out at http://www.twitter.com and register.
To monetize through tweeter, it works together with other related
programs like tweetlater, twellow, twollow, search.tweeter.com among
others.
These programs help you to automate tweeter so that it automatically
brings new people to look at what you are promoting. The set up for all
these programs will be detailed in a while below.
5. Using craigslist
Craigslist is a classifies ads site which recently scored 93% as the
most popular classified ads site in the world. That simply means you,
as an affiliate marketer cannot ignore it. Previously, you could not
sign up with craigslist from some countries but recently, it has become
active in most. Check it out at http://www.craigslist.org
Details on how to register to it will be provided hereafter in a while.
6. Using Signature lines
When doing internet jobs, its always important to have a gmail account.
If you dont have it, get it here http://gmail.com
Gmail is the most business friendly email address at the time. The
reason is that you can change its settings such that you are able to
include a signature line at the end of every email you send
automatically (showing your opportunity of course!) or event
automatically send responses to people who have emailed you. Check the
details of customizing your gmail account below.
7. Reverse Email Marketing
By now, I guess you have registered with opt in email lists. These send
you a great number of emails from members who try to presell to you
what they are promoting. Instead of sending a mass email through this
opt in list, just read through some of the emails you get and then
respond to them showing some interest in the opportunity. This way, you
get to have the personal email of the opportunity poster. As a result,
send this person your opportunity asking them to compare it with what
they are offering. You are sure to have your email read!
You can say something like: I visited your website and was impressed by
your product. I was just wondering if it works like this(put your link
here) and hope to get more details. Please let me know more.
8. Using opt in to websites and a gmail account.
Most websites will alow you to have a sneek peek at their website if
you just give them your name and email address. Get a gmail account to
use with these opt ins.
However, customize the gmail account such that it autoresponds to the
website's response with your opportunity (more details later)
9. Word of mouth
We all know how word of mouth is. So powerful, so effective it beats
all the above strategies. However, you must have great products to
avoid a bad reputation. Again also always do a follow up with your
current customers so that you may have return sales.
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