|Affiliate marketing is the process of earning a commission |
by promoting other people's (or company's) products.
Monday, 8 September 2014
Making money on the web through Affiliate Marketing
There are many ways to make money online and the growth of the internet combined with rise of social media has created opportunities for anyone who wants to build their own web based business. A simple way to start to earn an income online is through affiliate marketing which enables you to earn commissions by recommending products. The types of offers you can become an affiliate for include informational products and physical goods.
If you are new to online marketing it can be a good idea to pick a particular niche to start promoting affiliate offers. It is important to find a market where people are actively searching for information and where there are lots of buyers. This requires good keyword research so that you can assess how active a market is and the level of competition you are likely to face. It is ideal if you can find a niche with plenty of potential buyers and one that is also not too competitive.
The marketplace you choose may revolve around digital products such as eBooks and online video training or you may be recommending physical goods such as those offered on Amazon. As an affiliate, you need to develop a strategy to attract buyers to your links so that when they make a purchase you receive a commission. The way you do this may depend on the type of offers you are recommending but there are proven methods you can use that have helped others to achieve success.
As an affiliate, you can be most effective if you are helping someone to make a buying decision and this is often achieved by providing reviews of various products. A popular method to do this is by blogging as this enables you to post information and reviews within your particular niche. If you build an audience within a market, you can start to gain their trust so that they are happy to purchase through your affiliate links. The main type of blog that is used by successful marketers is one that is built using WordPress and this just requires for you to have a domain and a hosting account to get started.
If blogging is a great way to gain authority within a market then this can really be accelerated through the use of social media. The basis of sites such as Facebook and Twitter is for people to share information and to engage with each other. If you can present yourself in the right way on these platforms, this can greatly enhance your affiliate marketing efforts and it is easy to link your blog to various social media sites. The aim is for your promotions to be found all over the web and if people trust you, this can happen naturally as they share what you post on the various platforms.
In addition to using all these different sites to build your reputation, you should also aim to build a list of subscribers who you can email in the future. This will enable you to contact potential buyers on a regular basis and email marketing remains one of the most effective ways to be a successful affiliate. If you build a list of thousands this means you can promote offers to them with the click of a button. However, you should always remember that you are building a relationship with your subscribers and providing value is the best way to convert them into buyers.
Affiliate marketing can be a great way to build a business on the web and if you find the right niche and follow proven strategies you can start to make money online.