The Beginner’s Guide to Affiliate Marketing (exclusive for subscribers)
*Tomorrow you will learn about how to go from newbie to advanced by expanding your reach.
TABLE OF CONTENTS
- INTRODUCTION TO AFFILIATE MARKETING
- Basics of Affiliate Marketing
- Affiliate Marketing 101 – The Basics
- The ClickBank Marketplace 101
- Researching Your Products
- Amazon.com Bestsellers
INTRODUCTION TO AFFILIATE MARKETING
When it comes to going into business online, one of the easiest and most lucrative methods is through Affiliate Marketing. This is because becoming an affiliate marketer requires no experience, no website and simple promotional techniques that will convert prospective buyers into customers. However, I do recommend getting your own website because it is the way to build a real long term, sustainable and scalable business.
For the relative newcomer, affiliate marketing offers a planned method and blueprint to begin making sales online. There are a multitude of different opportunities, niches and markets to choose from. A person can become an affiliate for just about anything from digital products to flowers and everything in between.
In this guide, we will cover the basics of affiliate marketing to give you an idea of where to start, how to get started and what websites are good to work with.
We will then move into how to become a profitable affiliate in 60 days or less, becoming an affiliate insider and some advanced techniques that if applied properly will take your earnings to the next level.
This guide is not the end all in affiliate learning; instead, it is a good step-off point that will lead you to other e-books, guides and training that will expand your horizons and earnings.
By the time you finish reading this report, you will be able to implement a concrete plan that will get you into earning money quickly and easily.
These techniques have worked for a long time, and they work consistently to earn money from affiliate marketing if followed.
If you are already familiar with affiliate marketing, this report will give you new techniques to add to your marketing arsenal so that you can increase your affiliate earnings and expand on the methods that you use in order to be successful.
So, without further ado, let’s get started on our journey to affiliate profitability!
Basics of Affiliate Marketing
The concept of affiliate marketing is a variation on the outside sales position except that it all happens in cyber-space, and there is no door-to-door component.
Think of yourself as the salesman, one of many, for a specific product or service and you’ve mastered the basics of what is an affiliate.
People have all kinds of products and services that they want to sell online.
Part of the process to become successful is to have a large amount of traffic that is interested in what you have to offer. The way you can accomplish this is by having salesman or affiliate promote your products.
When a sale is made, you share the earnings with your affiliate/salesman through commissions.
Successful affiliates make a good living by promoting products and services of other vendors in order to make that commission.
For the purposes of this report, I will focus on one of the easiest affiliate networks to get started – Clickbank and list the others with a brief look at the larger networks. Once you learn how an affiliate network like Clickbank works, you will be able to expand that to other larger networks that have a myriad of different products and services that are commissionable.
Clickbank is one of the largest, oldest affiliate networks out there online. Clickbank sells only digital products, is extremely easy to learn how to use and has a ton of vendors just waiting to snap up a good affiliate.
There is no waiting time to become a part of the Clickbank affiliate family, and the commissions are much higher than the other networks, with some commissions going as high as 75%.
Clickbank is an affiliate network in that it is a whole bunch of vendors and affiliates all working under the umbrella organization called Clickbank.
Through Clickbank, products and services are bought and sold, accounting goes on within the network and commissions are calculated per product sold. Before we go any further, let’s look at what you can potentially earn from one product.
For example: You promote and sell on Clickbank product called Maverick Money Makers: Get Paid For Life!. It sounds like a pretty exciting product, right?
Well, it has the highest payout of any Top 10 Clickbank Product and is the Top Converting product offer online. It pays out at a 50% commission level.
When you look at it’s pitch page, it is endorsed by some pretty heavy weight people including CNBC, As Seen On TV, Small Business Opportunities, Fox News, CBS News and Readers Digest.
As an affiliate, you will earn 50% of the $97 dollar price tag, and it’s repaid on a monthly basis.
So, that means that for every person who signs up through your affiliate link (which we will get in a minute), you will be paid $44 each month as long as that person stays signed up.
What do you think if you simply stuck with this affiliate program and reached their magical 100 referral mark. That’s $4400 per month for promoting only one product.
Are you beginning to see how lucrative affiliate marketing can be?
Think about how much you could make if you found 10 affiliate programs like this one? This is not only possible, but not that hard to accomplish if you know how.
Look on Clickbank and find 10 things that you think you might want to sell.
Make a list because as you learn more, you may want to revise it, and you may find that your choices are golden.
Affiliate Marketing 101 – The Basics
Since you are reading this report, I will assume that you are interested in making your fortune, but you need to start by being realistic and taking it step by step. Before you can even contemplate picking an affiliate program to join, you will need to make some basic changes in your thinking.
Change the way you think about money.
You’ve got to really change the way you view money and you want to begin to feel like you deserve to be wealthy. While this concept seems simple, many people don’t feel like they deserve money.
As a result, their activities reflect their feelings of lack of worthiness. Instead of coming home from work and hitting the computer, reading an ebook, taking action on a plan, they will instead come home, sit in front of the television and time will pass.
Instead of becoming a veteran internet marketer, they will become the master of television watching.
People who feel like they should be able to make lots of money online will naturally make a lot of money online. This is not some spiritual mish-mosh, although I feel that spirituality is a part of everyone’s journey. However, that is not what I’m talking about when I say people can make lots of money.
The most important thing to remember is that if you feel like you deserve lots of money, you will take the actions to make it happen.
It takes some basic things to be successful at affiliate marketing:
- Stay focused
- Pick a niche product to start with and then START
- Learn and TAKE ACTION
- Make a schedule and then stick to it.
Start small and apply what you learn as you go.
Avoid being overwhelmed out of the gate. You want to learn, apply it on a small level and then scale up when you feel you have the basics under control.
While you are doing this, you will start to make money. By staying focused, I mean avoid the multi-tab distractions. You can open a ton of websites in browser’s nowadays.
If your plan calls for answering email between a certain time and certain time, avoid reading emails before that time. Tell yourself, it will still be sitting there waiting for you at.
Clickbank has been in business since 1998, and has built their network to one of the largest retailer of digital products. With over 10,000 digital products, it is one of the premier affiliate networks.
It is easy to use, easy to join and there are products in a ton of different areas from pets to electronics.
In order to earn commissions, all you need to do is take your affiliate ID and you get a link which you can use to send customers to. When they click on your link, it will record your commissions when they buy the product.
These affiliate networks generally require that you have a website that is related to the affiliate program you want to sell.
You can also sign up with very reasonable hosting services that provide one click installation of your blog site where you can start posting articles and blog posts related to the product or service you apply for at one of the larger networks like the ones listed below:
Clickbank is a Fast Start, needs no website and pretty easy to be accepted into this program.
Need to have a website, makes sure that it’s established with an About Us, Contact Us and Privacy page on the site. Should have a few weeks of posts at the very least.
Wait at least 90 days before putting Adsense on your site. To ensure that you will be accepted to the Adsense program, it’s best not to apply until you have an established site to show them.
These two are secondary and shouldn’t be considered until you’ve got your sites up and running for a few months.
Before you apply to any of the other sites, you need to have a real site. You will want to blog on the site for at least two weeks, one blog post per day.
If you aren’t a writer, you will need to hire a freelancer. Go to Elance.com, rentacoder.com and the like to find a writer. You can hire a freelancer fairly inexpensively who will deliver you blog posts to add to your site.
Pick a niche product and start to research if it’s a viable topic or subject. Whether you want to go with Clickbank products or with other affiliate products, you will need to do your research.
Here’s a podcast episode I did on doing research that will help you identify low competition niches:
Finding a profitable niche should be the very first thing you do when starting in affiliate marketing.
You want to have a product that is Hot! If you find a product that isn’t very hot, don’t expect to make any kind of money with it.
The reason I picked the Maverick Money Makers is because it is a hot item. People are interested in the niche, and it’s marketed well, presented in a professional manner, and has tools for its affiliates to use to make money.
To find out what are people looking to buy:
- Amazon Best Sellers – Amazon.com
Amazon gives you a quick and easy way to find out what’s hot and what’s not on their site. It is a clear indicator of what the buying market is looking for, making it very easy for your to put yourself in the path of oncoming web traffic and make sales.
If you sign up with Amazon’s affiliate program, you can sell all of the products on the site, and with the Bestsellers section, you will know for sure that certain products are selling. They even give you a Top10 list for each category so that you can use that to make articles, reviews and blog posts.
Ebay Pulse tool: http://pulse.eBay.com
This is a great place to find out what the hot products are because if a person is typing it into eBay, they are typing it into Google and Amazon. Ebay Pulse gives you a real-time look at what people are looking to buy.
You can log into eBay and do a search on the completed items. It will tell you what people are selling, how many have sold and the average price.
Look for items with bids, and this is a great way to get an idea of what people are looking for.
Terapeak is another great way to do things www.terapeak.com
Go to Hot Research, sort of like eBay pulse. It will give you a listing of what’s hot on eBay. You can then drill down and it will give you an idea of some of the different auctions that are going on. If there are bids, this is a good item to become an affiliate for.
Once you understand the basics of affiliate marketing, the mindset you need have (promote only what you trust and have used) and how to do research to identify an ideal niche for a product and website then you proceed to start taking action. The next information I send you will be all about taking action and starting your business and affiliate campaigns.
Stay tuned and keep on learning!
Note: This is an introductory guide for beginners. It’s important that you take what you learn and apply it on a step by step basis, otherwise you will never take action and you will get overwhelmed. If you really want to make a sustainable online business out of affiliate marketing, I strongly suggest you join a pro training program.