Affiliate Internet Marketing - Working on Backend Products

Affiliate Internet Marketing - Working on Backend Products
By: Gen Wright
It is very difficult for new marketers to find the right market. That is one thing all marketers must know - spot the right business opportunities. This ability doesn't come easily. Patience and perseverance is required to spot the lucrative opportunities.
You can use affiliate marketing techniques to help you spot opportunities on the Internet. Affiliate marketing basically means that you will be promoting someone else products. You only make money when a sale is made. If you can't convert the traffic into paying customers, you don't earn a single cent.
There is very little risk involved in affiliate marketing. You start off by driving traffic to the sales page. After about a hundred or a couple of hundred visitors or so, you get a good feel of whether the offer is converting well enough or not.
This is ideal for market research. There is no need to spend money to develop a product, only to realize that nobody wants to buy it. When you find an offer that converts well, simply develop your own products - but do it better.
You see, it all starts from affiliate marketing. If you like, you may even test different markets at one go. Very soon, you will be able to see for yourself, some concrete results - which market is lucrative with rapid buyers, and which market appears to be just luke warm.
Once that is over, just keep your eye on the profitable opportunities. If you want to make more money, just rinse and repeat what you have done.
Here is a business model that has been proven to work - build a list of prospects or customers, and sell them products over and over again. Even though it sounds simple, some marketers are still not building a list.
Here is a quick illustration. Assume you only sell one product, and you sell it for $10. When a sale is made, you earn $10. In order to make more money, you have to convert more prospects into paying customers. That cost money.
Assume that you don't acquire any more new customers (which is unlikely). Is there a way to grow your business? You can continue to develop more backend products. You are trying to sell to your existing customer base. That greatly increases the customer lifetime value.
The lifetime value of a customer is the amount of money that he spends with you. For instance, an individual who spends $10,000 with you over the next 10 years has a lifetime value of $10,000.
Here is where it gets interesting. Every customer equals a lifetime value of at least $2000 to you. You can spend $1000 to acquire the customer and still make a profit.
This is what many affiliate marketers are not doing enough of. They make an upfront sale of $47, and then they forget all about the customer. Think of ways to serve the same customer several times over. It's a downhill ride when you sell to people who already know who you are, and trust that you deliver.
Use a simple web form to capture emails so that you can get in touch with your prospects again. You will be making 3-4 times more than what you are earning now.
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Use the right affiliate tools?

Affiliate marketing is one of the best ways to make money online these days. Unfortunately, that is no secret. Thousands of folks are working extra hard to make a living online in this industry. But sometimes you don't have to work harder to set yourself apart from others - you have to work smarter. Using the right affiliate tools can allow you to gain a decisive competitive edge over your competitors without having to spend 15 hours a day in front of a computer trying to make a living.

Affiliate marketing is one of the best ways to make money online these days. Unfortunately, that is no secret. Thousands of folks are working extra hard to make a living online in this industry. But sometimes you don't have to work harder to set yourself apart from others - you have to work smarter. Using the right affiliate tools can allow you to gain a decisive competitive edge over your competitors without having to spend 15 hours a day in front of a computer trying to make a living. There are many tools that you can choose from to expand your affiliate business. But not every tool is created equal. For more detail.You wants to focus on tools that give you the best chance to gain advantage over your competitors. Here are a few tools that you can use to dominate your niche: * Wordze: every affiliate would tell you that Word Tracker is the best keyword tool money can buy. In truth, WordTracker is the tool everyone should own. But to go beyond what WordTracker offers, you should try Wordze to move your niche research process to the next level. * SpyFu: one of the best spying tools that allows you to find out what your competitors are doing, and how you can beat them. Use for more detail. SpyFu is not limited to only paid search. You can also find out what folks are doing in the organic channel, and what keywords they are using that you should too! SpyFu Kombat is a recent addition to SpyFu that allows you to compare your site with others and find out how they differ. * Compete: compete is another powerful competitive intelligence tool that allows you to find out valuable information on your market, its top player, and even your own website. * Linkscape: Linkscape is a great SEO intelligence tool that enables you to find out how folks are getting their links, and how you can too. Linkscape is a powerful tool that is used by SEO professionals to develop gap analysis and link building campaigns. * Keyword Spy: allows you to spy on other affiliate marketers and find out what keywords they are using to drive traffic to their sites. These tools are all premium tools, but you should never be afraid of spending money to make more. Not everyone's going to purchase all these tools, but each provide you with an additional research dimension that can help you get a leg up on your competitors. Interested in learning more about keyword research? Review traffic secret 2.0 to find out how you can utilize top keyword tools to create magnetic content and take your business to the next level.

by: ATULSAXENA

Make Money Through Affiliate Marketing?

With gas prices rising to unbelievable costs over the past few years, many people are trying to make money at home, instead of driving to work. If you want to learn to make money at home you have plenty of choices. With gas prices rising to unbelievable costs over the past few years, many people are trying to make money at home, instead of driving to work. If you want to learn to make money at home you have plenty of choices

With gas prices rising to unbelievable costs over the past few years, many people are trying to make money at home, instead of driving to work. If you want to learn to make money at home you have plenty of choices. The Internet offers great opportunities for anybody that wants to make money at home. There are literally thousands of choices to choose from. Drop shipping has been a favorite for sometime now. Another great money making opportunity is Data entry work. Trying to decide what type of home business to start can be challenging. If you are skeptical, may I suggest that you give something a try.All products out there come with a money back guarantee. For more detail. Any business You choose will take time to get educated in the area and to learn all the steps. Most programs will work when approached the right way, but they are more difficult than they may seem. Remember, you are learning a new career, as with any new job it will take time to perfect, so you are not going to strike it rich over night. If you would like to start making money with a legitimate work from home opportunity. Then you may want to look into Affiliate marketing. Making money with affiliate Marketing is one of the favorites among Internet marketers. Use for more detail. You can become a affiliate marketer with very little start up cost compared to some other areas.When you master the skills it takes to be a good Internet marketer, making money becomes easy to you.You'll start noticing opportunity's everywhere.Many affiliates are bringing home over $10,000.00 a month. You must have your own websites or advertising expenses will eat up all revenue from sales. Driving traffic to your site is very important,so you'll want to spend extra time learning the proper steps to take. You must have your own digital products to sell.There is plenty of digital products that you can purchase the copy right to, at a low cost compared to the profits that can be made.Once you have taken all the proper steps.You'll have a money making machine that runs on auto pilot. To learn every thing I've talked about here you will probably need to purchase 2 or 3 information products on Internet Marketing.You should also learn as much as possible on generating traffic to your sites.Remember all this products come with a money back guarantee, so if it doesn't work for you just return them for your money back.

by: kuljeet

Affiliate Marketing Programs Have Pre-Requisites That You Must Meet Prior To Earning Any Money

Affiliate marketing is a difficult area of business on the internet because not everyone knows how to approach it correctly. Many people think that putting a link to the other business's website on their home business website is enough. In reality, you have to treat every program you are promoting as your own if you truly want to have success at affiliate marketing. Here are 6 tips to help you find success with affiliate marketing.

Affiliate marketing is a difficult area of business on the internet because not everyone knows how to approach it correctly. Many people think that putting a link to the other business's website on their home business website is enough. In reality, you have to treat every program you are promoting as your own if you truly want to have success at affiliate marketing. Here are 6 tips to help you find success with affiliate marketing. 1) 1. Pre-requisites. Without telling you, many affiliate marketing programs have pre-requisites that you must meet prior to earning any money. It is vital that you take the time to find out if the company you want to promote requires you do something prior to earning commission. For more details go to: www.money-secret-exposed.com. If they do, is it worth the wait or can you find a better company to promote? 2. Interest. If you're working for yourself and have a home business website, find an affiliate program that you have interest in. The main reason so many people quit their 9 to 5 job to work on the internet is so they can work for themselves and do what they want to do. You will be much more inclined to work harder and promote the program better if you have an interest in it. 2) 3. Relation to your website. There are literally thousands of affiliate marketing programs that you can sign up under and promote on your website. For can visit to: www.ad-tracking-pro.com. Because of this, take the time to find the best programs that are related to the topic of your website. There is no sense in putting an affiliate link to a gardening product if you have an electronics website. The best way to have success with affiliate marketing is by offering your visitors what they are looking for. 4. 40% residual income. As mentioned, there is a plethora of affiliate programs to choose for your home business. Because of this, find a program that is related to your website and offers a residual income of 40%. If you're going to be promoting other people's businesses on your website, you might as well earn quality money for doing it. 5. Statistics. Every affiliate marketing program should have a place for you to view your statistics and see how you are doing. Not only should it be accessible, but you need to be able to find current statistics 24 hours a day. The internet never sleeps, so why should your affiliate program statistics be any different? 6. Complaints. The best way to see how each company truly works and how much success other people have had with it is to find out about complaints. You can find this information out by posting in forums and asking for advice and any useful background information that people may be willing to share.

by: Vikas Bhanot

10 Affiliate Marketing Management Tips

Discover the answer to the 10 most common Affiliate Marketing Management Questions, read on to learn more...

Discover The Answer To The 10 Most Common

Affiliate Marketing Management Questions

1. Is affiliate marketing right for my business?
Affiliate marketing is one of the most powerful and effective means of gaining new customers, regardless of your product or service. Affiliate marketing exposes your business to new customers and can get you out of your marketing rut. Additionally, when you initiate an affiliate marketing campaign, you’re in control. You determine the commission rate you pay and pay only when your affiliates make a sale. It’s a no loss operation for you because you only pay when a sale is made.

2. What are the startup costs?

When you start an affiliate program you have the choice of handling the operations yourself or having it managed by an affiliate network. The costs for either choice are reasonable and generally start around a few hundred dollars. Additionally, as a business owner don’t forget that many of your costs may be tax deductible. To start an affiliate marketing program in house, costs will include:

Affiliate management software

Affiliate marketing support including a website that answers affiliate questions and a means for them to contact you if any issues arise.

Affiliate marketing materials including banner ads, copy, coupons, and promotional content.

An affiliate marketing contract agreement

Tracking software to track cookies, click throughs, payments, etc…

If you choose to hire an affiliate network to handle your program they generally charge a flat fee or a percentage of what you pay out each month.

3. How much time will it take out of my workday/workweek?

Most experts agree that it will take you about an hour and a half each day to manage your affiliate program. They also recommend you to budget more time in the first few months of your program, approximately two to three hours a day. Even the most efficient affiliate managers spend about 45 minutes a day managing their affiliate program.

Professional affiliate managers generally spend an average of 40-80 hours a month dedicated to managing, tracking and promoting your affiliate program.

4. Should I use an affiliate network?

Do you have an extra 3 hours a day for the next two or three months? Do you have an hour a day to devote to managing your program after the initial three month program is complete? An affiliate network, while it may be a bit more expensive on the outset, can help you focus your time on other profit generating tasks. Additionally, an affiliate network can help expose your affiliate program to a wide variety of experience affiliates, which means more money in your bottom line and more exposure overall.

That being said, there are a tremendous number of effective in-house solutions including some you’re likely already familiar with like 1shoppingcart.com and affiliatepro.com. These programs will help you stay 100% in control of your affiliate program and are effective at managing your program.

5. How should I pay affiliates? What type of commission works best?

This is a very important decision because it not only affects your profits, the right commission rate will help you recruit top-notch affiliates. The general rule of thumb is to set your default commission rate at a rate you can afford to pay while leaving room for time limited commission increase offers, promotions, and private offers. For example, if you can afford to pay 50% of your gross profit margin, pay 25% instead and tier it so that after a sales goal is reached they earn 30% or you can bump it up to 50% during the holidays or during typically low sales times.

6. How do I recruit affiliates?

Your customers may be your best affiliates. After all, they already appreciate and enjoy your products or services. A simple link on your website is a good place to start. Here are a few ways to find quality affiliates:

Online forums. These are excellent places to meet and greet and connect with like minded individuals. They’re also a good resource for affiliates who are interested in, motivated, and qualified to sell your products and services. Using a forum, you can announce your affiliate program. Be careful to not ‘sell’ on the forum as most forums look down on this and may kick you off. Additionally, you can include a link to your affiliate site in your signature.

Find websites that link to your competitors and approach them about being an affiliate for you. Likewise, you can find affiliates using your favorite search engine and contact them about joining your program.

One last way is to join an affiliate network or become listed on an affiliate directory. This will ensure that affiliate marketers who are searching for new products and services to promote. However, keep in mind that many beginner marketers also seek products and services to promote via affiliate directories and they may lose interest and motivation before they ever make a sale. This isn’t a strong deterrent because they don’t get paid unless they make a sale, however it should be noted.

7. What is the best way to communicate with my affiliates?

Email is the general tool of choice, which makes an auto responder a fantastic tool for basic emails like the welcome email, introducing promotions, coupons, sending links and banner ads, and answering Frequently Asked Questions. It is also generally advisable to have an email address, fax number, and telephone number available for when affiliates have questions that are not answered by your frequently asked questions web page or when they simply want to speak with you.

8. How do I motivate affiliates?

Money motivates no doubt about it. That being said, affiliates are also motivated by feeling that they’re important to you. This means when they ask for your time, you give it. Additionally, promotions, bonuses, prizes, contests, and commission increases are all tools to motivate and inspire affiliates. Constant communication, like sending a weekly or monthly Ezine, will also help remind your affiliates that you’re out there and invested in their success.

9. Do I need to hire an affiliate manager?

The answer to this question really depends on your needs. How large is your company? Do you have the time to manage your program? Do you have the skills to manage your program? An affiliate manager is the person that:

Recruits affiliates

Communicates with affiliates

Develops, tracks, and reports on promotions

Develops programs to enhance affiliate program

Motivates affiliates

Tracks sales and pays affiliates

Monitors your competition

These are all extremely important functions and if you have the time to handle them yourself, excellent! If you do not, then consider hiring an affiliate manager.

10. How do I find/hire an affiliate manager?

Outsourcing an affiliate manager is fairly easy to do. There are hundreds available with a quick online search. You can ask associates, inquire at online forums, or post an advertisement seeking someone to fill the position. Depending on the complexity of your affiliate program, you could consider a well qualified virtual assistant for the job. The skills your affiliate manager will need are:

Organizational skills

Communication skills

Attention to detail

Knowledge of online business, internet marketing, and basic ecommerce operations

Basic html and graphic experience are a plus

Because they’re going to be representing you, you’ll want to make sure they’re personable.

Article Source: www.article99.com/view-authors/track.php?bio=15163&author=Jeremy-Gislason

by: Jeremy Gislason

Five Success Factors In Affiliate Programs

Not every affiliate program is good to join with. There are some factors that determine whether the affiliate program is good or not.

Not every affiliate program is good to join with. There are some factors that determine whether the affiliate program is good or not.

First factor is demand. Find a profitable market before you take any affiliate program. With a bigger market size, it will be easier to promote your affiliate products. Go to freekeywords.wordtracker.com and try to find a product that has a lot of searchers in the net.

Second is a commission incentive. Don't take any affiliate program that pay you 5% to 20% for digital products. You will earn more if you promote an affiliate program that gives 50% or more commission for each product sold. There are a lot of affiliate program who give more than 50% for commission.

Third is sales letter. All you need to do to promote an affiliate product is by referring people to the publisher's site. Then you just hope that the customer get convinced by the sales letter and then buy the product. So you need to choose an affiliate product that has a good sales letter. One of the best ways to tell if a sales letter is good or not is to read it by yourself and see how do you feel. If you don't feel persuaded to buy, then it is likely that many others will not, either. Your referral efforts can be waste if the sales letter doesn't convert well.

Fourth, the promotion material. The purpose to become an affiliate is to do less work and make more money. An affiliate program is already saved you some time and effort, but you would also want to do less work where ad-writing is concerned. Some affiliate program provides necessary promotion materials such as solo ads, ppc ads, sales letter, and even follow-up email.

Fifth, quality. This one is self explanatory. You may promote the product better if you really know that the quality of the products is good and you have tested it by yourself.
Another tip is cloaking your affiliate ID so nobody can steal your commission. You can go to TinyUrl.com to convert a long URL with your affiliate ID to a short one and you can hide that your link is an affiliate link.

Article Source: www.article99.com/view-authors/track.php?bio=22126&author=VARUN-VINAYAK

by: VARUN VINAYAK