Showing posts with label Make Money Online. Show all posts
Showing posts with label Make Money Online. Show all posts

Tuesday, December 23, 2008

Affiliate Programs Worthless for 80% of Affiliate Market

No doubt you've heard of the 80/20 rule - which states that20 percent of affiliates generate 80% of affiliate income, andconversely, remaining 80 percent of affiliates generate only20 percent of all income for most affiliate programs.

There are ten basics that will put your affiliate marketingin the top 20 percent of affiliate earnings. Ten suggestionscreek that barely covers your hosting fees, to a roaring river


TOP AFFILIATE MARKETERS DO MOST OF THESE TEN ITEMS



1.Top affiliate marketers cloak web site links


Cloaking affiliate links should not be necessary, but is. Oddlymany site visitors refuse to visit your links if they see an affiliate code appended to the URL when they hover their mouseover a link on your web page. Sometimes they will type theaffiliate domain directly to the browser address bar whileremoving your affiliate ID from the URL. To short circuit thisodd behavior, simply cloak the URL. How? Visit this Link Tool:
http://WebpositionAdvisor.com/tools/link_cloaker.php


2.Top affiliate marketers write & distribute articles


Writing articles about your market niche is essential to gainreputation as an expert in your field. But the biggest benefitcomes not just from writing those articles, but from havingthose articles published by other web site owners and ezinepublishers. Your article gains you both reputation and linksfrom other web sites from the resource box appended to theend of each article. Here are major article distribution sites.
http://yahoogroups.com/group/free-content/
http://groups.yahoo.com/group/aabusiness/
http://www.goarticles.com
http://www.ideamarketers.com


3.Top affiliate marketers focus on a market niche


Filling a web site with content reflecting a narrowly focusedproduct or service niche is a well known method of gaining webtraffic in your area of specialty. An excellent resource thatan help you determine relevant and focused areas to fill yoursite with is called NicheBot. They offer innovative tools toresearch and pinpoint market niches for your web site based onthe WordTracker Database and Google. http://www.nichebot.com


4.Top affiliate marketers use autoresponder series


Autoresponders are incredibly valuable tools that allow you to send a timed series of email messages to those that sign up for them. Most often those autoresponders are sent through a thirdparty provider. Some of the top providers are Sendfree.com and aweber.com, for a tutorial covering autoresponder basics, visit:
http://website101.com/email_e-mail/email_autoresponder_basics.html


5.Top affiliate marketers create web pages to pre-sell


Creating either testimonial pages or review pages that discussand pre-sell the product or service you are affiliated with isthe best method of getting increased orders for your chosenaffiliate programs. Many programs actually provide either anarticle or recommended text to sell their products for you and allow reproduction of those articles with your links embedded.


6.Top affiliate marketers gather email addresses


The best affiliates collect email addresses on their web site by offering free reports via the above mentioned autoresponders or by giving away ebooks or through newsletter signup forms.The best use all of these methods or more to build their listof email addresses. This also allows you to contact potential customers that would otherwise never see your site again after clicking away to the affiliate program web site.


7.Top affiliate marketers advertise SOMEWHERE


Depending on your market niche you should advertise using PPCand/or ezine advertising. Some categories of Pay-per-click can be prohibitively expensive, but advertising somewhere is all abut mandatory to gain substantial additional traffic to yoursite. There are some great bargains in ezine advertising and some less popular PPC engines other than Yahoo's Overture and Google's Adwords. Try 7search, Kanoodle and FindWhat for lowerBids than the big boys of PPC.


8.Top affiliate marketers optimize for search engines


Search engine optimization is becoming more complex as more and more webmasters participate, but the basics applied to your site can increase visibility dramatically over time. The most critical of the many SEO techniques is to use title tags that reflect individual PAGE content. Many webmasters write a master title tag and apply that site-wide. This is the worst thing you could do for search engine ranking. Learn more SEO:
http://SearchEngineOptimism.com/SEO_Tutorial/


9.Top affiliate marketers give away ebooks or freebies


Everyone knows by now that giving something away is a greattraffic generator and allows you to gather email addresses to allow contact of potential customers at a later date. This strategy is employed by EVERY successful web-based company at one time or another. Think of all the free things YOU have
collected online over time. Screensavers, software, ebooks, discount codes, toolbars, white papers. They work!


10. Top Affiliate marketers have their own mailing lists


The best of affiliate marketers have their own newsletter or ezine and gather email addresses on their site to build their list of subscribers. Having this list allows regular contact with potential customers interested in your site, your product and your market niche. If you don't write your own material or think you can't produce weekly content, there are hundreds of authors out there that will gladly product articles for you. The article distribution lists provide free content and ghost Writers provide high quality content for a fee.

If you implement ALL the above techniques, you are guaranteed to become one of the top affiliate marketers on the web. Then you can create your own product telling everyone how YOU did it, create your own affiliate program and have hundreds of usselling for you.

Monday, December 22, 2008

Affiliate Programs to Avoid

As an affiliate marketer of Internet dating services, I'm always on the lookout for good quality dating sites and products to offer my single visitors. Merchants help me out when they let me know about their new products and affiliate programs.

I was therefore thrilled when one of my friendly affiliate competitors got in touch to tell me that he'd started his own Internet dating service and affiliate program.

Having launched a community membership site myself last year, I could fully appreciate the huge amount of time and money my friend had invested to develop this new site. He was justifiably proud of his accomplishment and I was excited by the prospect of having a product to promote that would benefit everyone - my customers, my friend and myself.

Unfortunately, it didn't quite work out that way.

The first stumbling block was the low commission he offered. His top rate was 30%, with no commissions on recurring sales.

This puzzled me. As an affiliate marketer of dating programs, he should have been aware that new sites offer at least 50% on new and recurring sales to entice good affiliates to sign up. If commissions on recurring sales are not offered, then the rates on new sales should be increased to between 70 and 100 percent.

In most cases, his affiliate program would have struck out for me at that point. However, as this was my friend's site, it occurred to me that perhaps his product was so unique that the potential for high volume sales might offset the lower commission. Hoping for the best, I continued my review.

When I got to the site, the first thing I noticed was '6 registered members' prominently displayed at the top of the homepage. That normally wouldn't be a problem, except for the fact that my customers are looking for friends and soul mates. If I send them to a site where there are only six people to meet, they'll likely be disappointed. Worse, by wasting their time, they lose trust in my judgement and then I will lose them as customers.

That's not good. My customers are literally my bread and butter. Giving them what they want and expect is how I stay in business. Paying for traffic that I send to a merchant site where there is nothing to buy, will put me out of business.

(This is how a membership site should be structured. When starting a dating service, the merchant pays for advertising to bring people to their site. To entice visitors to sign up as members, he will initially offer his services for fr*ee. When the database is large enough to attract paying customers, the affiliate program manager then invites potential affiliates to join their program.)

Although my friend's program had already struck out for my customers and me, I was still curious, so I kept on looking.

Next I clicked on a link labeled 'Dating Resources'. Expecting to find Internet dating tips and advice, I found links and banners pointing to Lavalife, FriendFinder and other affiliated dating sites instead. When I asked him about placing affiliate programs on his site, my friend said he simply wanted to supplement his income until the
dating service got *rolling*. I can understand his motivation. However, what he doesn't understand is the concept of customer 'hijacking'.


As an affiliate, you pay good money to get visitors to your site. You presell your merchants' products and expect the merchant to honor their end of the bargain by making the sale and sending your commission check. You don't pay for the merchant to send YOUR customers to THEIR affiliated merchants.

I didn't need to look any further. I told my friend that I would hold off on signing up and why. Fortunately, he understood and has already alleviated some of the problems I mentioned.

Knowing when NOT to sign up for an affiliate program can sometimes be a tough call. However, you can simplify the process considerably. Put yourself inside your customer's head. If the product won't work for them, the program strikes out. Simple as that.

Sunday, December 21, 2008

Affiliate: $27,817 Monthly With Affiliate Programs

I still remember thinking that promoting Affiliate Programs was a waste of time. Until I started making a small fortune.
At the end of 2004, I started some time exploring the concept of promoting affiliate programs through pay-per-click search engines. I knew of some Internet Marketing gurus who were claiming you could make thousands of dollars every month. But I was skeptical. I remember thinking, "I know what these guys are about. They just want to sell more books."
But I decided that at least it was worth a look. The concept is quite simple. Choose a product - and one that has an affiliate program, of course. Set up an advertising campaign at a PPC search engine like Google and choose how much you want to pay per click. Write a three line advertisement and add your affiliate link. Whenever anyone clicks through your ad and buys the product, you earn a commission.
So I looked. And thought about it. And looked some more. I was still very uncertain about the whole concept, but I finally decided to test for myself whether it could really work. And since I knew I'd be spending quite a bit of money on advertising clicks, I felt it was well worth investing in a book so I could learn from more experienced marketers how to maximize the profitability of my campaigns.
As my business grew over several weeks I purchased and read several ebooks. By far the best I read was Chris Carpenter's Google Cash ( http://tinyurl.com/6gdaq ). His approach is genuine, down-to-earth, and he explains very clearly how to build your own affiliate marketing business. And importantly, he makes a fortune doing what he explains in the book.
I started by testing 20-30 campaigns on various products. Most of them were unsuccessful, but I expected that from what I had been reading. I would test a product, and if it didn't work, I would drop it quickly. The key with this business is identifying the affiliate products and campaigns that are successful. Once you find one that works, the money starts rolling in.
By February of 2005 I had identified several campaigns that were turning a profit. With one of these I was spending $0.08 per click to promote an affiliate product that pays me $18 commission on each sale. Approximately 1 visitor in 100 buys the product, so I make around $10 profit for every 100 visitors that I send.
What a formula! For every 1,000 visitors, that's $180 in commissions. That might not seem like all that much, but remember once you have a successful campaign it keeps going all day, every day. If you send just 1,000 visitors to a program like this every day, then by the end of the month you will have earned $5,400 in commissions, of which $3,000 is profit.
Does it seem too simple? Well, if it was so easy everyone from your Aunt Mabel to the mailman would be doing it. In fact, while the concept is simple, getting your campaigns to run profitably does take some work. Since I can't possibly teach you all you need to know in one article, I'll give you a few tips here and recommend Google Cash for a detailed explanation:
  1. Choose Your Product Wisely. The program should pay a commission of $15 or more, otherwise it won't be worth paying for your clicks. And if the commission is very high, be careful. Some products like web hosting and satellite dish installations may pay commissions of $100, but you face intense competition from other affiliates, so the price you need to pay to get ad exposure and clicks will probably also be very high. Sometimes it is better to identify a niche product with less competition from other affiliates.
  2. Track Your Campaigns Carefully. If you're paying around 7 or 8 cents per click for a program that pays close to $20 commission, you need to make at least one sale for every 250 visitors. If you send 300 to 400 visitors with no sale, consider dropping it.
  3. Days Of The Week Do Matter. When testing campaigns keep in mind the day of the week and even the time of day. Some products sell better on Mondays through Fridays, during business hours. Others, like entertainment products, sell better in the evenings and on weekends.
Getting back to my own experience, after identifying several campaigns that 'worked', I spent some time fine-tuning them using techniques I read about in Google Cash. By the end of February I had earned $27,817 in commissions for the month, all on products I had never even heard of at the end of 2004. My profit was a neat $10,795.
It's incredible really. I made this money without a web site. From home. Working an average of just an hour or two a day.
I'm finally making the amount of money online that I dreamed about.
How about you? Would you also like to build an affiliate marketing business? Could you use some additional income? I encourage you to proceed, but be smart about it. There are risks involved and you should be aware of them. You should read Chris Carpenter's book. That way you'll be on a fast track to more profitable campaigns. And his book will save you hundreds of dollars, easily, as you avoid some common mistakes and pitfalls.
Good Marketing!

Saturday, December 20, 2008

Buisness:4 Steps To Unleashing Profits In Your Online Business

Ever wonder how the thousands of "under the radar" web businesses that earn well over $100,000/year (many with much higher sales) out of their own home do it?

Over the last year I've had the great fortune to speak with many of these true, hidden entrepreneurs at conferences, seminars, e.t.c.

What I'm about to share with you also came true for me, and is outlined in more detail in my Ultimate Information Entrepreneur's Success Package

Here's an example of their business model:

1. Information Products. Without a doubt, each one of the successes I know market their own infoproducts.
For some, it's an ebook. Others have special reports. Still others run online coaching programs, membership sites, paid newsletters, teleseminars, or produce digital audio or video products. It's not their only source of income, but is a MAJOR source of income, and more important, brands them an expert in their field leading to success with 2 and 3 below.

2. Market related Affiliate Products. Again, in almost every case, these online success stories become experts
at finding and creating joint venture deals with partners.

But, they work differently than most affiliates.

They start by ALWAYS reviewing the product they will market. Second, they look for a different way to present the product or service - a more beneficial way to show users the real benefit in the affiliate product. Third, they use the branding from 1 to negotiate higher commissions and focus on high commission programs only.

3. They monetize their traffic using Adsense or selling advertising on their sites.
For high traffic pages
where adding paid ads or Google's Adsense will not impact their own sales, they will run ads to further monetize their sites.

4. Sell their time. You will find that truly successful people online LOVE to help people succeed. But...for
every person who is really dedicated to succeeding there are 10 "tire kickers" who want someone to hand them success on a silver platter. It doesn't work that way, nothing works that way. So, in order to leave time to help those who really want it, coaching programs are formed. Yes - you have to pay big money, but you should easily be able to get 10X the value for money spent.

So as you can see, there is no ONE single way to build your wealth online.

Instead, you build a diversified, rich and healthy business by focusing on these 4 pillars. Not only will you earn more money, but your business will be stronger and build momentum faster when you do.

Thursday, December 18, 2008

Adsense Tips: 3 Unusual Formats For Auctions on eBay

eBay users are accustomed to only two "standard" formats for sales on eBay: either the 'regular' auction which involves bidding and waiting; and the Buy It Now, which is an instant purchase.

But there are three other formats that are less well known.

1. Live Auctions

Before eBay, the traditional auction included live bodies in chairs and an auctioneer up front (talking so fast he was frequently unintelligible). Any buyer can still participatein these live auctions via eBay. Live auctions are a hybrid - a buyer is 'sort of' present in a live setting yet is at home using an Internet connection.

The products for sale are usually expensive and unusual. There are such items as expensive and unique coins, Asian art, native American artifacts, incredible jewelry, costly furniture, memorabilia from major sports stars and even history. Today, for instance, there are documents signed by John Quincy Adams, Andrew Jackson, James Madison and Ulysses Grant (he confides that he was strenuously opposed to the "wicked" war with Mexico).

If you choose to participate in a live auction, be certain that you register first because you can't just drop in on a whim.

You can find all the details here:
http://www.ebayliveauctions.com

2. Private Auctions

Private auctions are similar to the typical auction that we're all familiar with except for one detail - the identities of the bidders are kept secret. Only the seller has access to the names.

Why would anyone create a private auction? It's usually for one of three reasons:

* The item is quite expensive and buyers might be uncomfortable having others know they can afford such merchandise. Their concern about their financial status is most likely misplaced because it is quite possible to distance yourself from eBay contact information, but much of selling is about perception.

* The buyers might be embarrassed by the nature of the merchandise.

* Some sellers habitually use private auctions to make it harder for their competition to snoop on them.

3. Restricted Access Auctions

This is usually for sales of "adult" items. The main purpose is to prevent children from seeing this kind of merchandise, and is similar to having covers on racy magazines at storecheckouts.

To bid on these items, the buyer must:

* Be 18 years old

* Must have supplied credit card information to eBay.The theory is that no one under 18 can get a credit card and therefore cannot get into these sections.

* Agree that he is voluntarily accessing restricted access auctions In addition, restricted auctions are excluded from the Featured pages. So if you are a seller using this format, your listing will be harder to find.

Even though they are less well known, these three formats for auctions on eBay still account for tens of millions of dollars in sales each year. If they suit your business model, you might consider them.

Wednesday, December 17, 2008

Adsense: 3 Internet Home Based Businesses Anyone Can Do

If you’re serious about having a home based business, then you need to prepare. The leading reason for a failing home based business is the lack of preparation people commit after they’ve made a decision to start a home based business.

So what kind of home based business opportunity should you take on? Do you want to have an internet-based home business? Millions have done it, are doing it and are earning good livings doing so.

Here are three different kinds of Internet based business models you can try:

1) Be an online retailer for reputable companies. Your home based internet business can give reviews about all the products and services of these companies. Your customers will browse around your website, and then click on to the link. The link will send the customer to the company’s customer service website, which takes care of processing and shipping their order.

Your home based online business website does the marketing, promoting and advertising aspects for these companies. Your commission comes from the proceeds of the sale. You don’t even have to spend money for expensive e-commerce software.

2) You may not be able to bear the pain of separating from your oldest possessions, but how about auctioning these things off? For a minimal entry fee and closing fee, you can put your prized possessions on auction at Ebay or other spin-offs found on the net. This is a virtually free home based business since you don’t pay for web presence. You’ll get traffic since Ebay receives as many as 4 million visitors a day, and you won’t need to worry about your e-commerce software. Plus your small home based internet business stays open even when you go fishing!

3) Sell information. You can start your home based internet business by writing on a subject that you enjoy or are knowledgeable about. If you can do this, then this small home based internet business is for you. Write your e-book and sell it on sites like Ebay.com, ebookAd.com, or Clickbank.com.


These home based internet business are all simple and easy enough to do. You can earn a living on these ideas if you view this small home based business with passion and commitment.

Just remember these home based internet tip:
Constantly fine-tune your marketing strategy and always test new ad copies to see what brings you the most sales!