You can make money online by promoting other people products and earn a commission for every sale resulted from your marketing effort. This is known as Affiliate Marketing. Affiliate marketing is a very huge and competitive industry, and good affiliate marketers can earn a full-time income at home by promoting other people products.
Amazon.com can be considered the pioneer in implementing affiliate programs for people to join. People join Amazon’s affiliate program to promote their books… earning commissions from every sale resulted from their marketing effort. Personally, I don’t think that Amazon’s affiliate program is the best program for us affiliate marketers… simply because they pay peanuts to their affiliates.
I think one of the reasons the commission percentage that Amazon gives to its affiliates is so low because they are selling physical products. Merchants who are selling low-sale-ticket physical products have cost to cover. That is why it is very difficult for them to give affiliates a nice commission. However, they don’t understand that full-time affiliates love high commission and it is the main source of motivation for them to promote the product…
The time and effort spent on promoting an Amazon product is quite similar when compared to promoting digital products (such as e-book/software). But the commission of promoting a digital product is way much higher than an Amazon product… so it really doesn’t make sense for me not to favor digital products. =)
Usually, merchants who sell softwares and e-books tend to give very high commission (I am looking for at least 60% commission for each sale) to their affiliates. This is because, their product cost is very, very low. So if you really want to earn a full-time income from affiliate marketing, go to Clickbank.com and look for digital products to promote now.
To make money in affiliate marketing, you need to treat it like a real business. If you treat it as a part-time hobby, you will make part-time affiliate income. This is because other competitive affiliate marketers are working their ass out everyday to make more affiliate money online… If you are not focused on it, it is natural for you to lose some of your affiliate profits to them.
Before you start promoting an affiliate product, you need to do your own research. Research is the key to affiliate marketing success. There is a saying that one should promote a product that he or she has interest in. I think this is the MOST MISLEADING information! Why? Because promoting a product that you are interested in does not mean that your target consumers will love it. You need to look for hungry market full of buyers… not a market that is your hobby. Yes, you can make a few sales here and there by promoting your hobby product (let us take it that this hobby product is not in a hungry market), but it will be very hard for you to make a full time affiliate income with this.
You need to find a market with people who are so willing to take out their credit cards to buy from you because they WANT TO SOLVE THEIR IMMEDIATE PROBLEMS… This is why you need to do your research and find the right niche to enter.
After you have chosen a niche/market to enter, it is now time to test it out. To make sure that the niche that you are entering can convert, the only way to know is to test the market. Power up your Words processor and do some article marketing. When you are writing your articles, make sure that you apply BUM Marketing technique to it. If you can get a few sales with bum marketing effort, you can go on to create a mini-site or squeeze page to actively market the product.
To do well in affiliate marketing, you need to be different. There are so many other affiliate marketers around, therefore you really need to differentiate yourself from them. Once you have found a profitable niche, start building your own assets. Some examples of assets in affiliate marketing are lists, mini-sites, squeeze pages, free report to give away, or even your own competing products.
Do not just depend on article marketing, bum marketing or Squidoo to make affiliate sales. This is because the level of entry for these methods are way too low… ANYONE can easily enter and become your competitor. You need to build your own assets, websites, brands… and lastly your own product… in order to totally become an authority figure in the niche that you are in. This way, you will raise the level of entry and your competitors will not be able to so easily challenge you in the niche.
There are many things to learn in affiliate marketing and I believe I will always be a student in the art of affiliate marketing. Hope that this post can bring you some insights about affiliate marketing.
P.S: Last but not least, here is a resource that i strongly recommend anyone who wish to succeed in affiliate marketing to purchase. Yes, it is a selling product, not a free book. I purchased it last month and it really open up a lot of insights and ideas for me in affiliate marketing. Check it out yourself.
Click here –> Confession of a Super Lazy Affiliate…
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Tags: affiliate income, affiliate marketing, chris rempel, confession of a lazy super affiliate, internet marketing, make money online







































