Affiliate marketing is a great way to either replace your current employment or supplement your income. It requires great diligence to study and learn this market. What is affiliate marketing, you may ask? In general, this type of marketing is when a company pays you a commission or a percentage for your sales. When a company decides to allow others to sell their products they will start an affiliate program. As an affiliate to these companies you have choices on how you will go about promoting the products or services of the companies. It requires you to have your own website for someone to look at then the product is purchased through a unique affiliate link. You can utilize your own website or use a link to the company's product by using social media sites through clicks.
Once you begin to research this method of marketing you will notice the amount of companies that utilize an affiliate program. Some of these pay one time commissions on a sale; others such as Google AdSense offer it on a click by click basis. Some may even offer a lifetime commission. Others pay per lead. Companies may also just give a free trial or samples of a product in exchange for a name and email. For example, to get approved for an affiliate program with a company such as Google and their AdSense program you will need a site that is filled with new, fresh, and interesting content. The best site type for this is one related to a blog. Google pays attention to sites set up as blogs due to its fresh daily or weekly content. Having a static site does not get your site a high rank with Google. In addition, focusing on one niche and a group of products vs. a garage sale type of site will bring much more success. Other affiliate programs to consider would be ClickBank.com, Amazon.com, GoDaddy.com and HostGator.com.
As with any new venture you will be challenged. You may even begin to experience self-doubt. The important mindset to have from the beginning is that this is a marathon not a sprint.
Suggestions:
• Get involved with a group of online bloggers.
• Attend seminars with other affiliate marketers and entrepreneurs
• Utilize YouTube for video and begin following other entrepreneurs; I have listed a few of my favorite below:
Lisa Irby of 2creatawebsite.com Maria Forleo at MariaForleo.com Matt Morris, Author of The Unemployed Millionaire David Siteman Garland of RiseToTheTop.com• Once you start with an affiliate network get yourself acquainted with the site and the terms of service.
• If you choose to do a niche blog, find campaigns that deal with your niche's topic.
• On your blog or website, be sure to choose ads and links that are relevant to your niche topic.
Overall, the key to this business is being focused and passionate. Remind yourself why you decided to do this. Maybe you have debt that you want to pay off. Or just want to supplement the family income so your wife can stay home with your new baby. Maybe you want to quit that stressful job. No matter what it is important to stay the course and remain vigilante to achieving your overall goal. This is a very lucrative business with limitless potential.
I wish you GOOD LUCK in your new business venture! ALWAYS remember "if you want something in your life that you've never had, you have to do something you've never done." (JD Houston)
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