Affiliate marketing can often be a way to bring in extra income. Many people have successfully done this through their website or blog. Basically, you can make money by hosting advertising in the form of a direct link to a website related to the topic of a blog. For instance a website on parenting can host a link to a kids store. How can you get started or improve at this?
Do not panic if you see sales conversions numbers that are only around 1%. If you’re holding out for higher than that as an affiliate, you may be holding out indefinitely. One out of every 100 visitors turning into a customer, is actually a great conversion rate for most products, especially with larger, more popular services that receive thousands of visitors per day.
Focus on high margin items if your targeted audience can afford it. Promoting a high value item and a 99 cent book both take the same amount of time and effort. If you are going through all the work anyway, focus on something that can make you some real money. The other benefit is that you need less sell throughs to make the same amount of money.
Call the affiliate company that you are thinking about working with. If their customer service does not treat you well, you have a good idea that they will not treat your customers any better. If they leave you on hold for hours or are completely rude to you, you may want to move on.
When using affiliate marketing on your site, always inform your readers of your affiliations. Be up front about your relationship with the vendor; failure to disclose that you receive some degree of revenue from the advertisements can often make many customers feel as though you are trying to be dishonest or promote the vendor simply to make a quick buck.
As a merchant you can positively benefit from affiliate marketing. You don’t have any up front marketing expense, which can reduce your costs when you start a new business. If your products are significantly better than the competitors’ ones and your prices are competitive, you have a good chance to build a solid business with affiliate marketing.
To maximize the money you make from your affiliate marketing program you need to make sure you are very open about your activities with advertising. People do not mind supporting blogs and forums that they enjoy or find useful but they also want to feel they can trust the person running it.
When promoting a product as part of an affiliate marketing program, you will see the most benefit out of showing your readers how the product specifically benefits them. Just because something is a good product doesn’t mean your readers care about it. You need to give specific examples as to why this particular product is something they need in order to get them to buy.
As you can see, with a little time and effort you can monetize your site and bring in a nice income. The key is to apply the right advice, and not rush it. Lots of other people are making money doing this, so why can’t you?