Affiliate marketing is probably the simplest business model you can choose to build a business nowadays. Of course, Affiliate marketing isn’t as simple as they say, but this overall model of six steps can really help any beginner to grab what is necessary to get started.
What I just need from you is to read till the end of this article and put these steps into action, and what for the magic to happen.
In this article on Affiliate marketing tips, I will first and foremost define affiliate and affiliate marketing and then talk about these wonderful 6 steps.
Who is an affiliate?
An affiliate is a business partner who agrees to promote a product or service of another business with the intention of earning a commission. This commission comes from the sale of the product or service.
What is affiliate marketing?
An affiliate marketer is someone who earns money by promoting another person’s product or service.
In a simple way, an affiliate marketer is someone (an individual or a company) who finds a product or service to promote in order to earn a commission.
Six steps to get started
Before we begin, I’d like you to ask yourself a question. What are your objectives for affiliate marketing? This is a simpler question to answer than it appears. In this case, there are just two options.
The first is what I refer to as the “fast buck” option. In other words, you don’t care about growing a business and just want to earn a quick buck. If this sounds like you, all you have to do now is learn how to design excellent commercials and utilize them to sell your affiliate product.
Many would argue that I am incorrect, but there is nothing wrong with doing so as long as you are not attempting to create a long-term relationship.
If, on the other hand, you want to develop a long-term business with earning potential, you’ll have a long road ahead of you. It will take longer for you to realize a profit from your efforts, but it will be worthwhile when you can take a day off, or perhaps a week off, and still make sales. In this manner, the term “business” is used.
These steps should be followed in order. If you try to go out of sequence, you will not get the results you are after.
Pick a Market
Why pick a market and not pick a product? Because you will eventually want to add additional products into your pipeline. You should pick a market that interests you, and maybe something you already know something about. Don’t forget that you are building for the long term.
The goal is to find a passionate niche and build on it so that you won’t get bored any time soon.
Pick a Product
Once you have your market chosen, you should pick just one product, to begin with. It will be very tempting to try to add all kinds of related products at first but don’t. Having just one product will help you focus on the important tasks. You will want to pick a product that converts well.
What this means is to find a product with a high percentage of visitors or gravity. This will help keep your cost per visitor down and increase your profits.
Build a follow-up series
Also called an autoresponder series, you should build one based on the topic and the contents of the product you are promoting.
If it is a physical product you are promoting, you will have to create or locate content that is directly related to the product.
For example, if you are selling golf clubs, you could create a series about how to buy golf clubs that fit, the benefits of custom clubs, or even something about the club preferences of famous professional golfers.
Be as creative as you can, and do not stray off-topic. as research showed, most sales are not made in the initial contact, they are made on the seventh or eighth. If you are not following up with your prospects, the bottom line is you are losing sales.
Build an email capture page
This is where you will capture information about your prospects so you can send your follow-up series. If you are building a business, having your own website is a necessity, if only because you will control the content, and be able to capture email addresses for yourself. You might be able to get by for a while without this, but it just isn’t worth it.
Drive traffic to your squeeze page
Until you are finished with step four, you shouldn’t even think about traffic techniques. If you don’t have anywhere to send the traffic, why worry about how to generate it in the first place.
Depending on the traffic generation techniques you choose, it may take some time for you to start seeing sales in your program. You should spend this time developing one or two streams of traffic, and refining these techniques to help you drive more traffic with less effort.
another great place of getting traffic is quora.
Find additional related products
Once your business is making some money, it is time to start adding to your list of products. I don’t mean you should go out and sign up for every affiliate program that is even remotely related. What I do mean is that you should carefully choose an additional product or two, and add them to your pipeline.
Because you have been building a list of qualified prospects, you will be able to market these new products to them. This is a really long-term money maker for your business.
As long as you continue to recommend good products to your customer list, you can continue to make money off of them, even the ones who have already bought your last product recommendation.
So these six steps are all you need to go from nothing to having a profitable business selling other people’s products.
It can be easy to lose focus if you are not seeing immediate results, so keep your sights on the end goal of having a profitable business. You may also find it hard to find your initial market and product.
Take your time and choose the best product you can. If the product you choose to promote is not good, your prospects will not continue to listen to your recommendations.