5 Starting Tips for New Affiliate Marketers

5 Starting Tips for New Affiliate Marketers

Affiliate marketing has become popular for people looking to increase their income or start their own business from home with minimal start up costs. One of the advantages is that you don’t have to be a technical guru to become an affiliate marketer. However, there are a few tips that can help get you started on the right track, and avoid some of the pitfalls that can be costly if you don’t know what to look out for.

1. Look for unique products to promote

If you choose to promote the same product as thousands of other affiliates you are setting yourself up for major competition. Whereas finding a unique but still in demand product can give you the added advantage of not having to compete with so many other affiliates to find traffic (buyers).

2. Check out the merchants affiliate program and tools

When you first start your affiliate marketing you will find that having signed up to promote a product that provides a lot of affiliate support will make your life a lot easier than having to do everything yourself. It is worth taking the time to check out the different merchants before making your choices about products to promote. You will find that many supply you with banners, images and even in some instances keywords and articles that you can use on your websites.

3. Some Examples of affiliate resources:

• Articles
• Pre-written emails
• Banners
• Adwords adverts
• Free eBook samples
• Product Images

4. Tracking your websites.

One of the most overlooked aspects of affiliate marketing is the failure by many to track and test their results. This can make a lot of difference to the effectiveness or your campaigns and how successful you can become by sometimes just making a few small tweaks to your sales copy. It is important to know where your visitors are coming from and how they are finding you, and then track what they are looking at when they do visit your site.

There are a number of tracking software programs available for purchase, but if you are being budget conscious at the beginning at the very least use Google analytics which is free.

5. Passive or re-occurring income.

An affiliate marketer receives a percentage of the sale of a product as pre-determined by the merchant (owner of the product) this can vary dependent on the merchant. In many cases this is a one off sale, but another alternative to consider is promoting items such as membership products, this means you will get an ongoing percentage paid to you each month that the buyer remains a member. Consequently after having made that initial sale, you don’t have to do any further work to keep receiving a further monthly payment.

Affiliate marketing can be a very lucrative source of additional income, by just following the tips above you can get started in your new business enterprise without having to make any major dents in your wallet.

On a final note you should keep in mind that setting up an affiliate marketing business is just that a business, so be prepared to put in a bit of work at the beginning and don’t get distracted by the promise of shiny toys that will do everything for you.

3 Reasons To Use Affiliate Marketing To Start Your Online Business

3 Reasons To Use Affiliate Marketing To Start Your Online Business

There are a ton of ways to make money online; but they all fall into one of two categories. You’re either going to be selling products or offering services. If you want to build a long-term business, then product marketing is the route that you want to go, with affiliate marketing being the best way to start. Here are 3 reasons that you should look into this marketing model for your business.

You Get To Test What Works

Despite what countless emails and sales letters like to claim, there is a definite learning curve when it comes to Internet marketing. The success of your business will depend on how fast you get over that curve, and whether or not your business survives the early speed bumps. Chances are that you have a long-term business venture in mind, something that you would love to spend every day doing. Do you really want to risk the viability (and fun) of that idea by desperately trying to make it work? Of course not! Affiliate marketing allows you to learn the ropes with other products and niches, protecting your “big idea”.

You Can Figure Out Where Passion And Profit Meets

Everyone has something that they’re passionate about. You may not realize it; but the things that you like, no matter what they are, can be turned into a viable business. You just have to be able to find the market within your passion and figure out what products this market is willing to buy online. This is another “testing” aspect that makes affiliate marketing a great starting point for many marketers. On your own, you’d have to constantly develop new products to test, never knowing if your investment is worthwhile. By affiliating with other product creators, you take out the risk that comes with developing your own products. You can figure out what aspects of your niche are worth monetizing, and when you figure out what works you can develop your own solution and make it big!

Diversity Is The Key To Establishing Your Business

Around 75% of new businesses don’t survive their first three years after establishment. This statistic is more difficult to track online; but the number is believed to be even higher. There is a low barrier for entry when it comes to online business, and those who don’t have a solid plan or education fizzle out quickly. How do you avoid this fate? The solution is two-fold. First off, you need to diversify your business as much as possible. By having ventures in multiple niches, you protect yourself in the case of a product idea not panning out or a niche suddenly drying out. To make all of this work though, you need a great education. You don’t know what you don’t know, and you need someone who has already succeeded to show you the ropes when it comes to affiliate marketing.

Fortunately, there are good teachers out there. You just need to know where to look.