Affiliate marketing is one of the simplest ways to earn money online. The reason affiliate marketing is so lucrative is you are paid up to 75% of the purchase price - and all you need to do is drive interested visitors to the vendors site. As an affiliate marketer you do not have to worry about product development, product fulfillment, or even support - you need to only focus on one thing and that is sending targeted visitors to a website.
Although there are literally thousands of books and ebooks written on the subject, earning money online with affiliate marketing boils down to :
#1 - Driving targeted, interested visitors to a website
#2 - Converting those visitors into revenue - sales
Concerned with driving targeted traffic
As an affiliate marketer you therefore need to be concerned with driving targeted traffic - but you need to test and track and determine which campaigns are converting well and those that are not. Understanding the metrics of your affiliate marketing campaign is one of the fundamental business aspects.
For example you need to know specifically that for every x amount of interested visitors you send to a website - that y, a percentage of those will purchase and make the sale. When you know the metrics of each campaign - you can readily determine which campaigns you want to expend more resources and which campaigns you need to alter or discontinue - because they are not producing sales.
"Don't put all of your eggs in the same basket"
There is an old saying, "Don't put all of your eggs in the same basket." This sage advice is especially true when it comes to affiliate marketing. You will want to promote multiple affiliate programs AND you will want to promote each of these, using multiple marketing channels. Don't ever rely on income from just a handful of websites or using only one marketing method. That way, if there is a change in the vendor - or something newer or better comes along, you are not left out to dry.
This website contains over seventy proven promotional tactics that you can utilize to promote any affiliate program. Many of these tactics can be setup with no money and very little time, and will produce results over the long haul. Other tactics such as pay-per-click do take time and money to setup - but if you know and understand the metrics of the affiliate programs you are promoting - the cost is merely an investment with a calculate-able return on investment, ROI.
Anyone can become a super affiliate
Treat it like a business by tracking your marketing investments and the resulting sales. When you know which programs and sales pages convert well for you and give a positive ROI - then increasing your income is as simple as increasing your marketing investment. When you can spend $100 and get back $120 - why wouldn't you want to invest more to increase your income ?
To Your Success
Wingcent Ning
Success-Biz Marketing
wingcent@gmail.com
http://mysignaturebusiness.blogspot.com
Singapore
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