Archive for the ‘Affiliate Marketing’ Category

6 Best Practices in Affiliate Marketing

Best Practices in Affiliate Marketing

6 Best Practices in Affiliate Marketing

If you are ready to get started with affiliate marketing, then you need to know and follow the 6 best practices in affiliate marketing. Promoting affiliate products is a lot easier than creating your own products. With affiliate marketing, you can get right to marketing instead of worrying about product development. Here are the 6 best practices in affiliate marketing to consider before you begin.

1. Create Your Own Blog / Website –

First, it is vitally important you have a blog or website that is your home base to promote products from. Do not try to be involved in too many niches at a time. Instead focus on one niche website and / or blog in which to promote the right products for your audience. Read more about starting your own blog in this recent article, “How to Quickly Start an Awesome Blog.”

2. Use the Product –

In most cases it is important that you use the products you promote. You want to know the product inside and out and able to talk about it intelligently. If you used and loved at least one product produced by the developer you can at least speak to the quality of the product. I prefer to use and love the products that I recommend to my audience.

3. Know Your Audience –

It is extremely important that you understand your audience enough to be able to recommend the right products to them. You should explain to them why the product that you are promoting is something they want to buy. If you can show and tell your audience how a product solves a problem for them and why, you will be much more successful.

4. Choose Quality Over Quantity –

When promoting affiliate products its best if you choose fewer products to promote than many. It can be confusing to your audience if your blog or website has too types of products to choose from. Promote each product until you are making money before moving on to the next.

5. Build a Targeted Email List –

The money is still in the email list. Social media, blogs, and all the other ways to sell products are additions to the email list. Everything you do should be designed to get your target audience to get on your email list where you can market to them more personally.

6. Build Trust with Your Audience –

The way you build trust is only to promote products you truly believe in that deliver what is promised. You will make more sales with repeat buyers than you will from onetime buyers. You can build a legion of fans that are ready to purchase the next product you promote.

Here are a few of my other blog posts on Affiliate Marketing: (1) Affiliate Niche Sites: Another Way to Profit from Affiliate Marketing; (2) Income: Making Money with Affiliate Marketing; (3) Affiliate Marketing: Building Your Business Dream Team; (4) How to Make Money with Affiliate Marketing; (5) Promoting Products and Services on the Internet; (6) Get Started Quickly With Affiliate Marketing.

Conclusion/Call to Action

Affiliate marketing can be a lucrative income stream in your business. Before you get started, be sure to know and follow these 6 best practices in affiliate marketing.

1. Create your own blog/website to promote products.
2. Use the product before you promote it.
3. Know your audience and only promote products that are helpful to them.
4. Choose quality products.
5. Build a targeted email where you can market to your audience personally.
6. Build trust with your audience by only promoting products that deliver what is promised.

At My Biz Dream Team, we can show you how to develop an internet lifestyle business that can help you reach your money goals. Check out The Strategic Pathway to Success Program™. Let us show you how to reach your goal of creating a lifestyle and a business that you love! Act today.

I am Pamela Montgomery, attorney, author, entrepreneur, and speaker, helping you create the life of your dreams as you achieve uncommon results in your business and in your life!

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How to Quickly Get Started with Affiliate Marketing

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Quickly Get Started with Affiliate Marketing

How to Quickly Get Started with Affiliate Marketing

Have you wondered how to quickly start making money online as you transition from your 9-5 job? You probably do not have any products or services of your own at this early stage of your business. So, what are you to do? One solution to your problem is to promote the goods and services of other companies and earn a commission. This is called affiliate marketing. This episode of My Biz Dream Team: Opportunity Wednesday Training Series is about how to quickly get started with affiliate marketing.

(1) What is Affiliate Marketing?

First, you will need to understand the concept of affiliate marketing. So, what is affiliate marketing? Affiliate marketing is promoting the products or services of others. Typically, this occurs on your blog where you write useful and informative posts. Within the body of these blog posts you will place links to the products or services that you are discussing. If a reader clicks on a link and makes a purchase, you will earn a commission. As an affiliate marketer, you can also place advertisements for your chosen affiliate companies on their website. Again, if someone clicks on the ad and makes a purchase, you earn a commission.

(2) How to Make Money as an Affiliate?

The best way to succeed as an affiliate marketer is to choose a subject matter that is specific and interesting to you. The topic should also be relevant to your target audience. For example, if you love coffee and know a lot about it, you might choose to create a blog and write on that topic. Choose affiliate products that you believe in and are related to your niche. You have more credibility in promoting a product if you really believe in it. Show how the product or service has benefited you and your business. Write reviews, how-to posts, comparison charts and offer tips for your topic. For example, how to create a perfect cup of coffee. Where relevant, insert links to your affiliate sites. Remember to promote products and services that you know and love that are relevant to your target audience.

(3) Where to Find Affiliate Products to Promote?

It is important to get to know the people behind the products. After all, they are your business partners. Establish relationships with them. It could lead to other business opportunities.

One of my favorite business partners for affiliate marketing is Connie Ragen Green. I have known Connie for many years and have interviewed her on my podcast. I met her in Toronto, where she spoke to a large group of entrepreneurs about earning money on-line. Her presentation fascinated me and I sought her out to find out more about this fascinating area of entrepreneurship. Since that time, I have taken many of Connie’s courses and promote her courses to my clients. She is known as the “Queen of Affiliate Marketing,” having won many prizes for affiliate marketing. If you want to know more about getting started quickly with affiliate marketing, I highly recommend that you take her course, “Really Simple Affiliate Marketing.”

You can also visit the websites for your favorite products or services and look for information about affiliate programs or “partners.” Sign up and start promoting and earning cash.

I also promote affiliate products on my 2017 Resource Guide, where you can find my recommendations for products that will help you get started on-line as you make the transition from your 9-5 job.

Conclusion/Call to Action

You can quickly get started with affiliate marketing by following a few simple steps.
1) Understand the concept of affiliate marketing
2) Recommend products and services that you know and love that are relevant to your targeted audience
3) Get to know the people behind the products that you promote.

I am Pamela Montgomery, attorney, author, entrepreneur, and speaker, helping you create the life of your dreams as you achieve uncommon results in your business and in your life!

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Affiliate Niche Sites: Another Way to Profit from Affiliate Marketing

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Create Affiliate Niche Sites

Creating Affiliate Niche Sites: Another Way to Profit from Affiliate Marketing

Creating affiliate niche sites is the focus of this episode of My Biz Dream Team: Opportunity Wednesday Training Series. This program continues the discussion of why and how affiliate marketing is a great way to build your online business. There are many ways to earn money online. One of the most lucrative ways is to become an affiliate marketer. As an affiliate marketer you promote other people's products, in exchange for a percentage of the sales price. You can promote these products and services through your:

website
blog
social media accounts
email.

What are Affiliate Niche Site?

An affiliate niche site is one of limited and narrow focus. It contains information that is useful and interesting to its readers. If your site visitors do not find the information interesting or helpful they will just move on. You promote products and services that are interest to people with this narrow focus. Think very carefully about the niche you work in. Start with a search on Google Keywords to see the number of searches for your particular idea. You want to make sure that your niche sites are narrow enough. For example, travel is a broad category. However, winter ski travel to the southern Alps, would be a niche.

Get Started Creating Affiliate Niche Sites

Affiliate niche sites are not generally related to your main website. You want your main site to be an authority site. However, you can create affiliate niche sites on unrelated topics. For example during the holiday season, you may want to create shopping guides for various types of gifts. The start up process for creating niche sites is straight forward:

Buy a domain name.
Use a hosting service. We use and recommend Bluehost.
Set up your new domain as a subdomain on the hosting server.
Install WordPress.
Select a theme for your web site.

Once your web site is ready you can always hire a graphic designer create a logo for you. We also recommend that use private label rights (PLR) content to help provide some of the content pages for your niche web sites.

Resources:

For detailed training on affiliate niche sites, we recommend training by Adrienne Dupree. After taking her training course, we were able to set up several holiday gift guide niche sites over the weekend.

Check out:

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How to Select High Value Programs to Promote

Select High Value Programs to Promote

How to Select High Value Programs to Promote

It is important to select high value programs to promote, if you want success in affiliate marketing. First, you must determine whether your audience will find the program is of high value. Remember that perceived value is in the eye of your potential client. This article discusses the process that you should use to select high value affiliate programs to promote.

Key Questions to Consider in Selecting High Value Programs

Consider these three questions when selecting high value programs:

What Does Your Audience Want to Buy?
What Are Your Competitors Selling?
What Problems Can You Solve for Your Audience?

After you have asked yourself these three questions, then conduct the research necessary to answer the questions. You can then use that information to start your search for affiliate programs to promote. As you discover products, you should buy them and use them first, before promoting to your clients. Try this approach whether it is a digital product or a physical product. It is important to have real experience with products that you want to promote.

Where to Find High Value Programs to Promote

You can find affiliate programs through networks like Commission Junction, or Clickbank.com. You can also find self-run affiliate programs where individuals promote their products using an affiliate program run through their shopping cart like Nanacast, 1shoppingcart.com, or Amember.com.

If you are currently using a program that you love, and that you think will work for your audience, then you can contact the product creator directly to find out if they have an affiliate program. Sometimes you can find a link to their affiliate program on their web site. Try looking in the footer. Some other terms used for affiliates are “partners,” “associates” and “resellers”.

When you find potential products to promote you want to also look at what the product creator offers affiliates in terms of

(1) commission,

(2) sales support, and

(3) how they perform at customer service.

Even though you will send your customer to their site to buy, the product creator will be providing customer service for the product, not you. Therefore, it is important to know how they handle client issues, problems, and returns.

Key Questions to Consider Before You Make Your Selection

How much commission do you get for each sale?

Understanding how much you can make from each sale is important because it costs money and time to promote a product. If you are only going to make a dollar on each sale, it needs to cost you much less than a dollar to get that sale.

When is, the commission paid and how?

All products pay different amounts in commission. Some programs have incentives for selling more products. The typical rate for a digital product is a lot higher than for a physical product. It is common to see 50 to 80 percent commission rates for digital products. You typically see only 20 percent or less for physical products.

What happens if there are product returns?

Most of the time, if something is returned the affiliate is responsible for the money. That is why most affiliate programs pay out after the guarantee time. Other affiliate programs pay immediately. However, when a return happens you must pay back your commission. In those situations, therefore, it is wise not to spend your commission immediately.

How are you permitted to market the products?

Some programs have many rules and regulations about how their products are marketed. Be sure to read the fine print so that you know to market their product following their rules.

What tools (like graphics) does the creator offer its affiliates to help with marketing?

Many independent affiliate programs are run very professionally. They will offer art work, private label content that you can edit, and even webinars and other promotions to help you make the sale. Go with programs that offer more to their affiliates and you will be able to promote easier. Affiliate programs such as Lead Magnets offer great support for private label content.

Knowing the answers to these questions can help you determine if it is a product you want to take the time to promote. If the numbers do not work out, then you want to move on to another product.

Conclusion

Almost any person can earn money through affiliate marketing, if you promote high value programs. Answering several key questions will help you determine if the program that you are considering is high value to your audience. Remember that you must:

(1) have knowledge about the niche,

(2) understand your competition,

(3) choose the right products that solve problems for your audience at a price that the audience can afford and is willing to pay.

In just a couple of hours a day, you can build a business that can give you freedom you never thought possible.

Please leave us a comment below, we would love to hear from you. Let us know how we can help you get started in your online business.

You can join us on Wednesday, at 6:30 p.m. (Eastern) for our weekly teleseminar

My Biz Dream Team Opportunity Wednesday: Training Series

where we share strategies for helping you achieve uncommon results in your online business and in your life.

Dial in #: 712-775-7035

Participant #: 930599

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Promoting Products and Services on the Internet

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Promoting Product and Sevices with Affiliate Marketing

Promoting Products and Services with Affiliate Marketing

This episode of My Biz Dream Team: Opportunity Wednesday Training Series is all about promoting products and services on the internet. This is sometimes called “affiliate marketing” or “partnering.” If you are interested in creating an income without having to produce and build your products and services, then you are in the right place. In less than 20 minutes we share with you a lucrative way to get started in your own online business with affiliate marketing. If you have never thought about promoting someone else's products and services, now is the time to consider this business model.

Summary of Episode

1. What does it mean to “promote” someone else's products and service? We discuss the critical distinction between “promotion” and “selling.” You can also find out more about affiliate marketing in this recent post.

2. Why would you want to promote other people's products and services? We discuss that initially it may be difficult to create your own products. However, you can find products and services already available that would interest your target market. You can find digital products to promote on sites such as: (a) JVZoo.com, Clickbank.com, and CommissionJunction.com. You can also become an affiliate for the largest retail platform, Amazon.com.

3. How to “promote.” Once you become an affiliate you can begin promoting using numerous tactics. For example, you can write a review of the product or service. You could also interview someone who has used the product. They could talk about why they bought the product or service, what problem it solved, and how they are doing now. This type of before and after promotion is very effective online.

Conclusion

With affiliate marketing, the products that you promote can be digital or physical. We promote both types of products and also several services. For example, to help you get started online we recommend that you use Bluehost for hosting your website.

We would love to hear from you to see how we might work together in the future!

Don't forget to subscribe to our podcast.

Leave a comment below. We would love to hear from you!

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Affiliate Marketing: Building Your Business Dream Team

Affiliate marketing is a great way to earn income as an on-line entrepreneur. With affiliate marketing you have a partner/team member who pays you a commission to recommend his products. This is a great stream of income. By mastering a few strategies for affiliate marketing you can quickly build (1) business income and (2) business team members. Here are three strategies for effective affiliate marketing.

1. Recommend Only What You Love

In affiliate marketing, you should recommend only those products and services that you have bought, used, and found helpful. You are much more credible in promoting a product if you really believe in it. It helps when you are bragging about someone’s product that you have actual experiences and results. I love bragging about Connie Ragen Green’s course on Affiliate Marketing. I have taken the course, read her books, and implemented her strategies in my business. Listen in as I interview Connie Ragen Green about how she became the “Queen of Affiliate Marketing.”

2. Recommend Digital Products and Services

Most affiliate marketing involves promoting digital products, services, or courses. That's basically what we do. Most of our affiliate marketing is done through either Nanacast or Clickbank. Nanacast and Clickbank are digital platforms where entrepreneurs showcase their digital products. We have accounts on both. You may also want to become an affiliate with Amazon. As an Amazon affiliate you gain access to the many digital and physical products available on that site. It is a thrill to earn an income based on your recommendations!

3. Get to Know Your Business Partners

In affiliate marketing you need to get to know the people behind the products that you recommend. These people are important team members. You should try to establish relationships with them. These relationships can lead to other business opportunities. You can establish relationships with them by commenting on posts and engaging in community forums. Attending live events is a great way to meet them. I know that you want to be an on-line entrepreneur! Sometimes, however, you have to leave the comfort of your computer. We attend several live events each year. We find live events helpful. The live events are helpful not only for the content. The events are helpful because of the personal connections that we make. We get a much better sense of the person’s character and personality. You can become a raving fan when you know someone personally. We first met Connie Ragen Green at a live event in Toronto, Canada. We later spent more time with her at live events in London, Las Vegas, and Los Angeles. Now we are raving fans for her products and services.

Conclusion/Call to Action

As you can see, affiliate marketing can be a great way to build your business dream team. Just remember to: (1) recommend only what you love; (2) recommend digital product and services using the large digital platforms; and (3) get to know the people whose products you are recommending by attending live events. Your relationships with your on-line business partners can lead you to achieving uncommon results in your business and in your life.

I am Pamela Montgomery, attorney, author, entrepreneur, and speaker, helping you create the life of your dreams as you achieve uncommon results in your business and in your life!

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Archive for the ‘Affiliate Marketing’ Category