How to make money in affiliate marketing? Let me share with you my 2 cents on making money in affiliate marketing…

1. Do a proper product research.  Some products just can’t sell. Before you start promoting any product, you need to do your homework first. Check out the products and make sure that they are selling well. Visit the sales page of the product that you’re going to promote and make sure that the sales page is appealing enough to convert sales. If there is an opt-in list on the sales page, join the list and see whether your affiliate links are still embedded inside their emails. This is to prevent losing affiliate sales when your traffic buy their products through emails.
2. Target a hungry market. If the market is not pack with hungry crowd, it is very hard to get substantial sales from the products that you promote. You need to target a market whereby people are eager to pay to solve their immediate problems. Markets such as Weight Loss, Acne, and Registry Cleaning are good markets to enter. Although these markets are very competitive, but there are enough buyers in these markets for everyone to make money.
3. Build assets. Instead of relying solely on Bum marketing and EzineArticles.com, you can build assets such as your own websites, short-reports, and lists. These assets are yours to keep and you will definitely be able to reap the rewards in the long run. For example, you can start building review sites or conduit sites and target the enormous long-tail organic traffic from search engines. These traffic will become automated and once you hit a winner, you can start duplicating more sites, targeting the same industry. To raise the level of entry of your competitors and differentiate yourself from other affiliates, building assets is really the way to go.
4. Track your traffic. You need to track your traffic and performance so that you will know what to improve on. To efficiently track your traffic performance, it is best to have your own websites. This is because with your own site, you can track all traffic that are directed from your website to the merchant’s sales page. From here, you will be able to know the conversion rate and improve on the weaknesses.
5. Drive more traffic. Not any traffic, but targeted traffic. Being an affiliate marketer is like being a salesman. It is all about the numbers and the quality of the prospects that you meet. (In the case of affiliate marketing, it is the quality of the traffic that you direct to the sales page) Once you know your conversion rate, things will become more clearer. Let’s say that you need 100 unique visitors to get 3 sales from a product that you promoting. With this stats, you can then assume that by driving 200 unique visitors, you will be able to get an estimated 6 sales. These are all very important figures that an affiliate marketer should take note of. Every affiliate marketer will have his or her own unique stats and conversion number… you need to know yours. So you should always try to drive more traffic to your site. Article marketing, Squidoo, blogs, forums and search engine marketing are all great ways to get more traffic for your site.

Last but not least, do not give up. Sometimes, there will be bad patches that you will go through… like enduring a few days or even weeks without sales. As long as you persevere on and do the necessary work, you will pull through and see light at the end of the tunnel.

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Building conduit site and review websites are your best bet to succeed in affiliate marketing. The conduit and review websites that you are going to build will be your assets for live. Instead of just relying on EzineArticles.com articles and Squidoo lens, you should start building these money-making sites now. So what exactly is a conduit site?

A conduit site is a website that is built based on the Conduit Method (by Chris Rempel). The aim of a conduit site is to allow affiliate marketers to produce one site after the next that generate high affiliate revenue with very little overall traffic. According to Chris Rempel, the conduit method is the only affiliate marketing strategy that affiliates can leverage on the effort of the merchants that they promote… and it allows us affiliates to create hundreds of pages of unique content without much effort and research.

One of the most common roadblocks that many affiliate marketers are facing when building conduit and review sites is the lack of technical skills and know-hows to build websites. Many affiliate marketers are not designers and web programmers by nature, therefore sometimes building websites can be hard for them. As an affiliate marketer myself, I fully understand the frustration that marketers get during the development phase… sometimes because of our urge to get things done quickly, we do a very bad job at it.

The single most important factor in order to have a winning review or conduit site is to have a nicely done up website. Your site design and navigation must be good so as to entice visitors to browse through your site and click on your affiliate links.

There are different strategies when it comes to building a Conduit Site and a Review Site. Personally, I use Wordpress template for Conduit, and XSitePro template for Review site. If you want to build assets and increase your affiliate income, you seriously need to start building either one of the above type of sites now.

To make money with affiliate marketing, you do not necessary need to work harder - like becoming a writing maniac and force yourself to write at least 5 articles everyday, or worrying about your articles’ rankings on Google, etc. Instead - you just need to work SMARTER. Find things that you can leverage on and start building your very own assets that will last for many years to come.

All right, is 1:43Am here in Singapore and it is time for me to sleep. Blog soon.

P.S: If you need templates to get started on your first review or conduit site, click on the link below and get your templates. (you will be surprised at the price…)

Link –> VIP Essentials Conduit & Review Site Templates

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