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Affiliate Marketing
4 Traffic Generation Tips For Affiliate Marketers
4 Traffic Generation Tips For Affiliate Marketers
So you are interested in affiliate marketing. That’s great because it is a relatively quick, virtually risk-free way to start making money online.
Let’s quickly explain affiliate marketing for beginners in case you are unsure of how it works.
Basically, affiliate marketing is when you promote someone else’s products and when someone buys through your affiliate links, you get paid an affiliate commission.
As an affiliate marketer, you’re acting like a salesperson for the company. You sign up for their affiliate program, help to make a sale, and then the company rewards you.
The best thing about affiliate marketing is that it is incredibly scalable. A typical salesperson will only sell products from one company, or their own products and services. As an affiliate marketer, you can promote products from many different sources and earn commissions from all of them.
Many people try to start with Amazon affiliate marketing because Amazon is such a large, household name. The problem is that their affiliate commissions are tiny compared to other affiliate programs. Don’t rule Amazon out but you need to have realistic expectations when using it.
How much money can you make as an affiliate marketer? Well, the possibilities are endless, and the top performers are easily making 6-7 figure incomes online, and best of all, they don’t have to create or support their own products.
There are many affiliate platforms and programs that you can apply to join depending on your niche.
But if a product or service looks like a good fit for you and they don’t offer an official affiliate program, you can reach out to them and see if they would be willing for you to promote it to your audience in return for a commission. Many companies will agree because it is a win-win for them, After all, you are sending traffic to their offers so it’s not costing them any time or effort unless they make a sale.
And on the topic of traffic…
As an affiliate marketer, it’s crucial that you know how to drive traffic to your offers. This is a skill that will make or break you. So, you’ll to need to devote a huge chunk of your time in the beginning to learning how to drive traffic. While simple in concept, it’s not entirely easy and will require effort on your part.
Unlike product creators who can rely on affiliates to drive traffic, as an affiliate, you can only count on yourself. The traffic you generate can either be from free methods or paid traffic.
If you have the budget for it, you can use paid traffic. It’s faster and you get feedback much quicker. You have complete control of targeting so you will know who sees your ads and if you get your targeting right, you should be able to break even on your ad spend on your front end offers.
This effectively means you are building a buyers list for free and this is a crucial part of any online business as these buyers can be put in front of more offers.
However, if you’re a beginner and short on funds, there are many free methods of traffic generation that are effective too. The term ‘free’ is deceptive because you’ll be paying for it in time and effort, and you must be patient before you see any noticeable results; this may be frustrating, but you need to understand this from the beginning!
Nevertheless, you can drive free traffic and still make sales if you know what to do. Below you’ll find a few tips that you should always bear in mind when driving traffic.
Know Where Your Audience Hangs Out
You must know where your niche audience hangs out. If it’s a bodybuilding crowd you’re targeting, they’ll probably be on bodybuilding forums, fan pages for bodybuilders, YouTube channels featuring fitness experts and so on. So, you can go into these places and start siphoning traffic from there to your sites.
It is important to know who your target market is and what they are looking for. This is so often overlooked by marketers of all persuasions because it isn’t the most interesting thing to do, but it is one of the most important!
Create an ideal customer avatar and refer to it whenever you are writing sales copy, blog posts or creating videos to promote your affiliate offers.
If you know who they are, what they want and their specific pain points, you will be much more successful in gaining the sale.
Start With One Method
The reason so many marketers never do well with traffic is because they never focus their efforts on one method. If you’re going with video marketing, create a good channel and keep making videos till you have a following. Learn how to optimize your channel and videos so that you rank.
If you’re using Facebook groups, learn how to get more members in your group and post stuff that they like, and which can be linked to your web properties.
If you are blogging, learn to write interesting and engaging posts that are crammed with helpful information that your readers will enjoy and appreciate. Be consistent and write often. Don’t write short posts but instead go for longer posts that can go into more detail (a 1000 word minimum is a good benchmark to aim for). Learn about SEO so you can get your blog posts ranked in the search engines.
Pick one traffic method and strive to master it until you have an avalanche of traffic coming to your sites, etc. Once that’s successful, you can move on to the next traffic method while maintaining the current one.
Repeated And Relentless Effort
Driving traffic is a continuous process. Keep repeating your efforts and never give up. Even if your first few videos have only 10 or 20 views, keep going. Over time you will get more views and a bigger audience.
It takes time for things to snowball. remember what I said earlier; patience is key with free traffic methods.
The same applies to most traffic methods. The more videos you have, the more traffic you’ll get. The more people in your Facebook group, the more comments and engagement you’ll get. The more blog posts you write, the more visitors will come to your website. The more paid ads you create, the higher your chances of finding winning campaigns. It’s all a matter of time and repeated effort.
Engagement
This is another important factor. Engage with your traffic. Reply to comments on your videos. Like and respond to comments in your Facebook groups and ads. If you have commenting enabled on your blog and someone takes the time to comment, reply to them and thank them for taking the time to comment.
The more you engage, the better your relationship with your audience will be. They’ll grow to like you, trust you and will eventually buy through you.
Remember these pointers when driving traffic. It’s not as difficult as most marketers make it out to be. Once you understand how it works and you’re consistent, you will see results. The key to traffic generation is consistency. That’s where most marketers fail.
Get this right and you’ll have all the traffic you want.
Once you have started to make progress you can rinse and repeat with another traffic method.
If you want to know more affiliate marketing, then check out the featured resource below for a free Affiliate Marketing Machine report which complements this post perfectly; download, read it and take action 😊
3 Types Of Affiliate Marketing Landing Pages
As an affiliate, your job is to connect buyers and sellers. You’re a middleman. That means you have the power to decide where you send the visitor when they click on your links.
Of course, you will already have picked your niche and found a hungry market, right? If not, you can find out more down below 😊
When you’re out on the social networking sites like Twitter, Facebook, Instagram or Pinterest, you will be linking the readers to a specific landing page.
The landing page is the initial place your traffic goes to – and there are different strategies involved in courting them to a sale.
Product Sales Page
The first place you can send someone is directly to the product. You can grab an affiliate link to your favorite product, go directly onto Instagram or Facebook, and write a short review with your thoughts.
You can do it in a shorter sense on Twitter. With Pinterest, you could write a blurb that gets them to click through.
But this strategy isn’t something you can build a long-term business on. It offers some benefits, but nothing that allows you to comprehensive conversions over time. For that, you’ll want to send them to your blog or squeeze page.
Blog Post Page
A blog landing page allows you to really go into depth on a subject with a product review that exhaustively answers all questions or doubts that the person may have.
It puts them in your environment, where they’re also exposed to other posts and ads you have on your site.
Make sure you have an opt-in form on this page so you can grow your email list, and embedded links to various offers in your post. If these links are to affiliate products, you can ‘pre-sell’ the product in the article and then they will be much more likely to buy the product when they get to the sales page.
Squeeze Page
A squeeze page doesn’t give you as much opportunity to convert the visitor into a sale right at that specific moment in time, but it does give you the ability to court the customer for weeks and months (if not years) afterward.
As stated in the previous section, an even better combination is to use an opt in form on your blog, so that you have the ability to give your comprehensive review and collect the contact information of your visitors.
The blog post page and squeeze page are examples of bridge pages in affiliate marketing and they are critical to your ongoing success because the biggest drawback to affiliate marketing is that you don’t get to build a list of prospects and/or buyers; these will be exclusive to the product vendor whose product(s) you are sending traffic to.
So, ideally you would never send traffic direct to the affiliate product sales page, but to some kind of bridge page where you can capture their details before you send them to the sales page.
That way you are building your list and maybe getting some nice affiliate commissions into the bargain 😊
Of course, the key to your online success is always testing and tracking. You want to see which of these landing pages delivers better results for you and then ramp up those efforts.
Then, once you find the one(s) that have the best returns for you traffic-wise, you want to take those pages and split test them to see if you can boost conversions by tweaking small elements to the page.
That might include colors, headlines, order buttons, text versus graphic links, and more. There are tools you can get to actually track it for you and rotate the pages for you automatically.
So, you know where to send traffic to, but do you know the best niches to target with affiliate marketing? Let’s take a look…
What Are The Top Affiliate Marketing Niches?
The top niches aren’t specific to affiliates versus product creators.
They’re all going to be the same. But some allow affiliates to make more money because they combine tangible and digital opportunities.
Bear in mind that all these can be further split up into sub-niches and the further you drill down into a niche, the more targeted your audience will be, albeit a smaller audience.
Dating
Relationships are one of the top niches online – people wanting to meet compatible matches and people wanting to save their existing relationships.
But there aren’t as many tangible items you can promote in this niche. It’s primarily info product related.
But this isn’t really a problem as there are some very good products or courses out there that you can promote if you are thinking about going into the dating niche
Money
Money is a similar niche that primarily has digital info product courses available to promote.
But keep in mind that these two top niches have courses online that pay out a nice amount per sale – and plenty of people searching for them online.
You can target people wanting to save money, people wanting to get out of debt (not the best if they are suffering with this) or those wanting to make money (could be online or offline).
Diet
Diet is a sub-niche of the health and fitness niche and is one that’s evergreen in nature, suitable for both genders and many age groups – plus it offers a bevy of opportunities to sell both digital and tangible items.
There are many online digital courses to help with weight loss, and many of them cater to a specific audience, like baby boomers or women.
On the tangible side, you could promote many things in the diet niche on sites like Amazon. You could do a review of an info product course and then pair it with tangible promotions for things like treadmills, elliptical machines, DVD exercise sets, Kettlebells, supplements and more.
Personal Development
Self-help is a popular niche. People are looking for more mindset advice – stress relief, for example.
You can pair an info product course promotion with the promotion of items like soothing candles, supplements, stress-busting gadgets, and even massage technology.
There is also the option to find coaching programs in this niche which will inevitably sell for a much higher price and therefore higher commissions for you.
Insomnia
Insomnia is a popular niche. Sleep disorders are very common and there are both digital and tangible products available for you to promote on your site.
Along with a digital course, think of tangibles like better bedding, soothing CDs, sleep masks, white noise machines, sleep supplements, and more.
A review site would be a great idea for many of these items; write a review, send traffic to the article and link out to the product(s).
Coffee
Coffee and other gourmet foods are popular.
When you have someone who is an enthusiast for coffee, they’ll spend top dollar on a variety of things – from courses teaching them about the topic to special tangible items like coffee grinders, brewers, beans, and more.
The coffee niche has exploded in recent years so this is one to definitely look into if you are interested in this kind of niche.
Parenting
Parenting is a popular niche, too. This is a niche where moms and dads like to get advice on raising their kids, but they also have many tangible items to buy like nursery furniture, toys, educational items, clothes and more.
It is also an evergreen niche because people will always be having kids!
Once again, it may be good to drill down a bit deeper such as pregnant moms, single moms, bringing up teenagers etc.
Pets
Pets are great affiliate niches – and you can specialize in one that you enjoy – dogs, cats, and tropical fish being the most popular.
You can buy both info products on things like how to care for tropical fish – and tangible items like fancy aquariums, fish food and tank décor.
And let’s face it, most pet owners are fanatical about them; some probably treat them better than their kids 😄
Homeware
Household items are a big niche – and this goes for both indoor and outdoor.
Homeowners are always buying like blenders, vacuums, lawnmowers, sheds, gardening supplies and more.
They also buy info products to go with them, like how to grow tomatoes – and you could sell everything from the seeds to the pots they grow in!
If you want to know more about affiliate marketing, then check out the featured resource below for a free report; download it read it and take action 😊
Continuity: The Secret To Reliable Profits
When you first get started online, you might be worried. Frankly, you probably should be worried.
Yes, you made sales this month. But will you make sales NEXT month? And how will you pay the bills if you don’t make sales?
It can be scary going from a job where you know exactly how much you’ll get paid and when you’ll get paid to working your own business online.
If you are the entrepreneurial type, then you are probably not afraid of a little risk for yourself but that doesn’t mean you shouldn’t be diligent when thinking about a new business venture.
Of course, online businesses don’t have the large overheads that physical businesses do, and you can get started for virtually free, but for most entrepreneurs the slowly, slowly approach can be a lot to swallow and they want to dive in head first. Sound familiar??
Once you have your business up and running, what then?
In your business you might have a brilliant month and then two months of starving followed by a mediocre month followed by (hopefully) another great month.
The trouble is that if your business is your sole source of income, you want your profits to be a lot more reliable than that!
Thus, the question becomes, “How do you get stability in your business – and your income -as quickly as possible?”
Or… how do you KNOW for a FACT that next month you can make the mortgage payments and eat, too?
Simple – continuity programs. Call it what you want – memberships, recurring payments, monthlies, etc.
It all boils down to getting people signed up into a continuity program so you can continue to get paid month after month.
Now you have a choice here: You can either promote other people’s continuity programs or create and promote your own.
If you’re acting as an affiliate, then you don’t have to worry about sales funnels, membership content, customer service and all of that. You just need to focus on making the sales.
Drive the traffic, offer your own bonuses, and do what you’ve got to do to get people signed up.
The problem, of course, is that in exchange for less responsibility, you also have less control and more competition.
The membership site owner has control over content. If s/he takes a “churn and burn” mentality and doesn’t care about keeping members happy, then people won’t stay long. You’ll have to continually make new sales, which isn’t what you’re looking for.
You want stability. That’s why you only want to promote truly great memberships and continuity programs that deliver a ton of value.
As to competition, you are competing with every other affiliate who is promoting the same program.
If you have your own list, then this isn’t that big of a problem. After all, people on your list know and love you, right? And so, they’ll follow your recommendation.
Unless they’re on someone else’s list (they are) who has already promoted the program. In which case, you’re not going to make many sales.
Promoting affiliate memberships is a give and take. Less responsibility, no control and lots of competition.
And this is why you might want to start your own membership. Look around and see what people in your niche desperately want and need, and then fill that want with your site.
Outsource the content creation if you can, so you can focus on the important part – filling it with people.
Use either a WordPress plugin such as Wishlist Member or an independent solution such as Product Dyno to create your membership site.
Once you’ve got your membership site up and running, it’s time to get busy promoting it. Use every technique you can think of and track everything.
Find out what your best sources of traffic are, and then put all of your effort into just those methods.
For example, maybe you buy traffic from Facebook, Adwords and solo ads. You also get free traffic from guest posting, forums and social media.
9 out of 10 new members are coming from Facebook, so what are you going to do?
Drop all of your other methods and focus exclusively on the Facebook advertising.
Get your conversions up and your costs down and now you have a viable way of getting a continuous influx of new members into your site.
One thing you need to be aware of is that selling a membership can be a big ask with cold traffic and your conversion rate probably won’t be stellar.
So, what you could do is offer them a cheap product upfront to get them into your funnel, and then offer them your continuity program.
You could even offer a 7-day free trial to tempt them in. Also, keep the price of membership low. If your content is good, you shouldn’t need to keep looking for members because they won’t want to leave.
Plus, most folks won’t even notice a payment for $10-20 leaving their account every month.
Another thing to think about is whether you want to be creating content month after month, year after year. You could outsource the content creation if financially viable, or you could create a fixed membership site with 12 months of content that the customer pays to access.
Want even more members? Show affiliates how well your offer is converting, and you can get them to promote your membership site, too.
There are plenty of affiliates out there who want that continuous, month to month income that a good membership site provides. All you have to do is show them that your funnel is converting, and members are sticking.
Naturally, there are a lot more details than this to starting a membership site. But hopefully this gets you thinking in that direction.
Because if you want true financial freedom as quickly as possible and with as little stress as possible, then almost nothing can beat having your own successful membership site.
One more thing – the first site is the hardest. Once you have a membership site that’s clearing at least a couple of thousand dollars each month like clockwork, continue to build on that one while building your second membership site, and so forth.
Create a membership empire to secure your finances, and then you can experiment with anything you like.
Security first, right?
By the way, if you want to know more about outsourcing check out this article here and the featured resource below where you get a free report all about successful outsourcing; download, read it and take action 😊
How To Earn 5 Income Streams From One Newsletter
While everyone else has a free e-newsletter or even a paid online newsletter, you might consider going in the opposite direction and having a PRINT newsletter.
You can use a mailing service to print and mail the newsletter for you, making it a hands-off operation once you send them your new issue and updated mailing list.
Formatting the issue is something you can hire out.
Even writing the articles can be outsourced if you don’t want to do it yourself.
But why would you want to do a print newsletter?
You can charge more because it has a higher perceived value than an online newsletter, regardless of your niche.
You have increased credibility. It might not be right, but the fact is a print newsletter is generally going to be viewed as more authoritative than an online newsletter, especially if your target market is older.
With a printed newsletter, you are in their mailbox. You’re on their kitchen table. You’re on the coffee table in the living room or the nightstand in the bedroom. You are in your customer’s homes, and while I don’t know all the psychology behind this, I do know that when they can hold your product in their hands, your customers become much more bonded to you than if you’re simply words on a screen.
Refunds are lower or even non-existent. The act of having to mail the newsletter back to you (the publisher) to get a refund is more work than most people are willing to do. And I know of print newsletter publishers who charge anywhere from $47 a month to $299 a month and do not allow refunds once an issue ships.
How do you make money with a printed newsletter?
You can use any one of these methods or a combination.
1: Subscription Fees
Of course you can make money by charging for subscriptions. Determine what it costs to print and ship, what it costs to obtain a new customer and how long you expect the average subscriber will stay with you.
You can charge more for certain niches, such as highly specialized areas (think fields such as science and engineering) as well as almost any type of investing or how to make money niche. You can likely charge even more if your newsletter is for businesses rather than individuals.
Then again, you can also publish and mail your newsletter for free and still make plenty of money, as I’ll cover in a bit.
2: Charging For ‘Ride-A-Longs”
Since your newsletter will likely go out in an envelope, there’s no reason why you can’t add in some ride-a-longs.
These are completely separate fliers, brochures and sales cards or sales letters from other businesses who want to target your customers.
When you build up sufficient subscribers in the right niche, you can make even more money from your ride-a-longs than you do from subscriptions.
3: Charging For Ads
Another option is to sell ads inside your newsletter. Again, you’ll want to have a sufficient number of subscribers to make it worthwhile for your advertisers.
Anyone looking to target your prospects will be a good candidate, as long as they are not in direct competition with you.
It’s even possible to send out your newsletter for free and still make a hefty profit if you do some or all of the following: Target the right readers, charge for ads, charge for ride-a-longs and/or sell your own products via the newsletter.
4: Selling More Products
The added visibility and enhanced credibility a printed newsletter creates will naturally lead to more sales.
And it doesn’t hurt that when your customer is holding your newsletter in their hands, you have no online competition for their attention. Think about selling from a website – you are in direct competition with every other website on the internet for that person’s attention.
At any moment they can click over to Facebook, YouTube, Reddit or whatever. But when they are reading the sales letter you included with your newsletter, they’re not clicking away. They’re READING the sales letter.
You can advertise your products in your newsletter and in your own ride-a-longs. You can also write newsletter articles that make it super easy to recommend your own solution.
Even when promoting a new launch online, who are your subscribers most likely to buy from? The person who sends them a newsletter in the mail each month, that’s who.
You might also create a special inner circle of your paid newsletter subscribers. This inner circle gets special offers and deals your other list members don’t get – just another perk of subscribing.
5: Get Offered More JV Deals And Publicity Opportunities
The enhanced visibility and credibility of a printed newsletter can also result in getting more offers from fellow marketers to do guest posting, be a guest on podcasts and even do profitable joint venture deals.
One printed, paid newsletter publisher I know tells the story of someone subscribing to his newsletter using an alias.
This person was a paid subscriber for 7 months before revealing he was a high level online marketer (8 figures) and wanted to strike a JV deal. That one deal resulted in a very large payday for the newsletter publisher.
And when you approach others with JV deals, it’s much easier to get a yes when you can say you are the publisher of a newsletter.
6: Get More Clients
Do you perform a service of some type? Coaching perhaps? Consulting? Freelance marketing for non-internet businesses? Whatever it is, you can use your printed newsletter to gain more customers.
Credibility. Knowledge. Trust-worthiness. Being the EXPERT. These are the perceptions your prospects will have of YOU because you are the author of the newsletter they read each month for help, tips, news and advice.
Place an invitation in each newsletter for them to contact you for a consultation. If you don’t hear from them after 3 or 4 issues, call them and remind them of who you are. “Oh yes, I get your newsletter!”
Tell them you’re calling to see how they’re doing and if you can help. They will be flattered. This isn’t a sales call because they know you and like you already.
Know, like and trust. Almost nothing can build that faster than continuous communication of awesome advice in your printed newsletter and an offer to help them. Find out what their current #1 headache is and help them solve it, and you’ll have a client for life.
If you want to know more about increasing conversions in your business, check out the featured resource below to grab a free report which will teach you how to boost your conversion rate. Download, read it, and take action 🙂
7 Reasons Why You Need An Affiliate Program
If you’ve created and launched a product or you have an online store, you probably need traffic.
Even if you do all the heavy lifting yourself by using a combination of SEO, email marketing and paid ads, you’ll still be scratching the surface when it comes to marketing your products/services.
You NEED An Affiliate Program!
This Alone Should Be Enough!
Imagine having your very own team of salespeople raving about your products all over the internet… Sounds great, doesn’t it?
Of course, it does. Having an affiliate program can truly skyrocket your sales once you get the competent affiliates on board. You’ll have an army of sales people helping you to get sales.
This obvious benefit alone should be enough to convince you to set up an affiliate program for your products/store. You’d be leaving money on the table if you didn’t… and setting up an affiliate program is really not as difficult as you think.
These days, it’s easy to set up an affiliate program with software such as iDevAffiliate. Just install the plugin or use their cloud hosting and you’ll be good to go within a few minutes.
How It Works
The process is mostly automated. An interested affiliate will sign up to your affiliate program either by invitation or they may find you online. You can then decide if you wish to manually approve them (recommended) or if they’re automatically approved by the system.
They’ll get an affiliate link which they can use in their promotions, and this link will cookie their potential customers.
Any sales generated by them will be reflected on their dashboard (and yours) and you can send them their payouts weekly or monthly (or at intervals you choose).
With the software mentioned above, affiliate management and tracking are a breeze. Thanks to their intuitive interfaces which keep things simple.
Here are 6 More Benefits Of Having An Affiliate Program
More Targeted Traffic
Besides boosting your sales, an affiliate program will also get you more targeted traffic. Your affiliates may have niche sites and their own audience who will be looking for just the type of products/services you’re offering.
They’ll gladly buy your products if your sales copy is good – and if your site looks reputable.
Your conversions will not only be higher, but this method of marketing is more effective than paid ads which is basically ‘spraying, praying and paying’ until you have enough data to narrow down your winning ads.
Using affiliates is definitely an effective way to get sales quickly. That said, many marketing articles will tell you that using affiliates is the cheapest way to get sales, since you won’t be spending on advertising, etc.
However, we believe that it’s the most expensive way to get sales, depending on the commission rates you’re offering.
Digital products on ClickBank offer as high as 50%-75% commission rates per sale. Stores like Walmart offer anywhere from 10%-15% commission, and Amazon offers even lower rates.
It goes without saying that the more attractive your rates are, the more affiliates will want to promote you. This can take quite a hefty chunk out of your profits.
However, affiliates can bring in a deluge of sales that you’d not have gotten on your own. So, it’s worth paying more just to get more sales, even if it means settling for less profit per sale.
Overall, you WILL make more, if you get your numbers right. Just know that it’s NOT the cheapest way to get sales.
Increased Brand Awareness
Having affiliates praising your products from the digital rooftops of their web properties is the online version of marketing via ‘word-of-mouth’
And it’s one of the best ways to increase brand awareness and get your products noticed by more people than you’ll ever be able to reach on your own.
Getting others to sing praises about your brand will be far more effective than blowing your own horn with hyped up sales copy.
SEO Benefits
Have you ever noticed that Amazon products rank for many search terms?
One of the reasons for this is the thousands of affiliates who are linking back to the Amazon website/products. This massive number of backlinks pointing to Amazon helps them rank quickly and easily in the search engine results.
Similarly, having affiliates linking back to your site will be a favorable sign to the almighty eye of Google – which will deem your site worthy of a higher position in the search engines (because of the backlinks pointing to it).
So, affiliates may be able to indirectly help you with your search engine optimization efforts.
Form Mutually Beneficial Partnerships
Some of your affiliates may have their own products and online stores. You could work out reciprocal mailings with them. By promoting each other, both parties will benefit.
You might even be able to do a joint venture with some affiliates and launch products with them. The possibilities are endless – and having an affiliate program will open up these opportunities to you.
Just be sure to pair up with those marketers with whom you have shared values, so you know that what you share of theirs to your subscribers will be high quality and valuable to them.
Low Risk
With affiliates, you only pay when they make a sale. This is a performance-based reward system that has very little risk for you. Marketers with on a tight budget will do better with affiliates.
Paid advertising is effective, but risky. Not to mention the learning curve where you’ll be spending money on ads until you can find a few winning ones that yield profit.
Many beginner marketers will not be able to stomach this risk… and will be better off using affiliate traffic instead.
Full Flexibility
As the vendor, you’ll get to decide the commission rates, whom to accept as affiliates, which products they can promote and so on. There’s a lot of flexibility here and you call the shots.
Do note that with great power comes great responsibility. Ensure that your affiliates are paid on time, every time – and be fair with your commission rates so that their efforts are worth their time.
Never try to short-change your affiliates. It’s not good form and word will get around.
In Conclusion…
By now, you’ll realize that setting up an affiliate program is a necessity if you wish to take your online business to the next level. There’s so much to gain with very few downsides.
Use reliable affiliate software such as iDevAffiliate and you’ll be up and running in no time at all.
Then go out there and proactively recruit affiliates and treat them well. Reward the better performing ones with extra perks and always be transparent with them.
If you have the right attitude and attractive remuneration rates, your affiliates will respect you and go out of their way to promote you. It’s a win-win situation for all involved.
From here on, you can scale up and expand your online business exponentially. It doesn’t get better than that.
BTW, if you want to know more about affiliate marketing as a business model, then check out the featured resource below for a free report; download it read it and take action 🙂