4 Little Known Secrets to Becoming a Profitable Affiliate Marketer

Affiliate marketing business has gotten a lot of buzz in recent times due to advances in internet technologies and upsurge of social media channels like Facebook, Twitter, LinkedIn etc.

However, some affiliate marketers especially beginners struggle to earn profitably because they do not thoroughly understand the business.

WHAT REALLY IS AFFILIATE MARKETING?

Affiliate Marketing is the process of earning online commissions by promoting products and services. Your commissions are earned each time you get a lead (Potential customer) or sell products online.The interesting aspect of affiliate marketing business is that you can make a ton of money with a little monetary investment.

Furthermore, you can start the business without products or services of your own, work from home and earn passive income even while sleeping if you have an effective system in place.

HOW DOES AFFILIATE MARKETING WORK

Register under the affiliate program of reputable companies that have valuable products and services.

Decide on the niche products to focus on.

Get your custom affiliate tracking link for each product you decide to promote online.

Select the right traffic source to use in promoting the product.

Decide on the marketing strategy to use i.e Blogging, video or social media marketing.

4 MAJOR WINNING STRATEGIES TO INCREASE YOUR PROFITS ONLINE

Focus on a single niche at a time

You should choose a niche that you are both knowledgeable and passionate about. For example, Weight loss, Supplements, Nutrition, Pet training etc. This enables you to easily persuade your customers to buy your products. Also, this will allow you to learn and acquire new selling strategies that will increase your sales and multiply your profits.

Select traffic sources

It is recommended to focus on 2 traffic sources at a time. I will recommend focusing on one search engine and one social media traffic at a time. This enables you to properly track and optimize campaigns launched on each platform thereby maximizing your profits per product.The secret of super affiliates is their ability to focus on a traffic source, testing and tracking campaigns optimally.

Test marketing strategy to use

You can never know if either blogging, social media or video marketing will be most profitable until you test marketing strategies such as:

Blogging: You can write a blog post using well research keywords for search engine optimization. This attracts your clients to your blog and causes them to make a decision.

Video marketing; You can make a video describing the features of the product then you upload it on YouTube for people to watch.

Social Media Marketing: This is the commonest and the easiest method especially for beginners. Facebook is a very good platform because it has lots of groups/forums where you can find people who are interested in your product and service. You can easily send them a friend request and pitch your products to them.

Track the data/results gotten from each of the methods then you focus on the method that produces the greatest profit.

Select the traffic type

The traffic type can either be free or paid traffic.

Free traffic involves search engine optimization, social media groups, and article marketing. The drawback of this method is that it does not allow you to target your client based on their interests and demographics.

Paid traffic involves using Pay per click or Pay per view advertising on search engine and social media platforms. This method is faster, associated with increased conversion and profits because it allows you to target your clients specifically based on interests and other features.

Finally, affiliate marketing business is very lucrative and you can start becoming profitable today once you implement the strategies above.

Home Based Affiliate Business – 5 Secrets Of Mega Profitable Affiliate Businesses

The success or failure of your home based affiliate business depends on what you do with your time and resources (namely money, knowledge, skills, will power etc). What separates the successes and the failures, in any area in life, is down to that. What you do with your time and resources will determine whether your home based affiliate business is a success.

To give you a leg up, here are 5 secrets of mega profitable affiliate businesses that you ought to keep in mind:

Secret #1: Treat It As A Business, Not Just An Opportunity

The most successful entrepreneurs treat their ventures seriously, rather than treating it as just a game or a play thing. Sure, being opportunistic is helpful, but once you have found one opportunity that is proven and that you are confident in, stick with it rather than jumping from opportunity to opportunity trying to find the ‘perfect’ one. Focus on one business, treat it seriously, and the fruits will come.

Secret #2: Build Your Own Database Of Subscribers

The top super affiliates all have their own email lists of subscribers that they can mail out to and promote affiliate products. Having your own list is more reliable than relying on Google or some advertising service that many change its policies overnight and put you out of business. With your own list, your business is secure and you will have product merchants approaching you to promote their products.

Secret #3: Create Your Own Products

Another thing that most super affiliates have in common is they have their own products too. Having your own products in the marketplace increases your brand presence and makes you an expert in your own right. Your subscribers are more likely to purchase affiliate products from you if they trust that you are an expert. And the best thing of all is with your own products, the tables are turned and you can recruit your own affiliates to promote your products.

Secret #4: Network With Other Affiliates

Just like in any other business, networking can give you a real boost in terms of your progress in the industry. Network with other affiliates, form a mastermind group, or do cross-promotions with your list, where you promote their products and they promote yours. Expanding your network of contacts helps to keep you in the loop on the latest happenings and strategies and gives you marketing opportunities as well.

Secret #5: Keep Learning New Techniques

In the fast-changing online business world, you need to keep up with the latest techniques to stay ahead of the curve. Last month’s hot technique can become this month’s marketing dud. Keep learning new techniques and seeking out new information from courses, forums and your networking buddies to stay in touch and get a leg up in your business.

Starting a successful home based affiliate business is like any other business – make sound, considered decisions, never give up and never stop learning. I hope to see you in the winners’ circle sometime!