First of all for those who are beginners, what is affiliate marketing and why can you make money from it?
Affiliate marketing is a way to earn money from other businesses by promoting their products and receiving commission every time a sale is made. It is not necessary to create a new commercial website just to market and sell those products.
You can easily promote them with your own website, blog or social media site as long as it has good traffic. Your job is to stimulate consumer demand from your audiences and make money through the sales.
Okay, 1 minute for introduction is finished. Now it’s time to get serious about making money by being an affiliate. We are side by side with you friend and here are 5 tips that can help you to boost your income with affiliate marketing.
1. Define Your Niche
“More is not always better” is exactly right in affiliate marketing. Instead of trying to be good at everything which barely comes true, you should get good at one thing and then become great later. Therefore finding a niche that suits you and concentrating at promoting products and services relating to it will significantly contribute to your success.
Plus, this strategy will help you to be more focused and only need to target at a group of audiences and a specific range of items.
After choosing your sector, you should promote no more than two products of a same type. The more similar products you promote the less convincing they become.
If you insist at promoting multiple products at the same time, you should do comparison between those ones with pro and con information. So it can increase the number of your affiliate links and also help your audiences to compare and make the best choice for themselves.
2. Know What You Are Promoting Well
It is hard to convince someone how good a product/service is if you never experience it or have no idea about its benefits. Honest opinion and real experience always create a big impact to audiences.
Remember to describe the product in details including with your knowledge too. The more useful your site is, the more possibly your visitors will come back another time to seek for opinions and recommendations in the future.
3. Focus on Helping, not Selling
A common mistake by many fresh affiliates is to fill up their sites with loads of banner ads and affiliate links like shouting at audiences that “Buy something now or leave”. Of course the amount of commissions they earn is little or even nil because people absolutely do not want to buy from a high-pressure seller.
Also some affiliates try to induce their readers to buy expensive products, unnecessary upgrades and add-on items in order to earn more money instead of helping people out with suitable and affordable options. This up-selling tactic will lead to anywhere good except losing your reputation, which is the key asset in online business.
As I have mentioned above, you should make your site become useful and keep developing its quality by researching what your audiences need and how you deliver it to them.
As a result, you will get more traffic to your site and certainly increase your income. To understand your site’s audiences, a recommended tool for you is Subiz – live chat software which you can easily interact with your visitors in real time and learn their need and behaviors through live chat history and analysis.
4. Track Your Sales
If you do affiliate marketing on various sites of yours, you should check where your commission comes from whenever there is a sale. Hence you can have a better insight of what works and what doesn’t with your audiences while you promote a product.
It as well reveals which project you are running has the most conversion rate so you can prioritize your resources to improve it specifically better.
Don’t be a money making machine but be a smart marketer for your own good.
5. Be Patient!
You cannot grab some real quick money with affiliate marketing because it will take time to market yourself, build your reputation and drive people to your site. Don’t give up if you do not receive a good result after the first couple months. Stick with your initial plan, try to complete your goal and good thing will come to those who wait.
It is very common that once you see something shiny, you will drop what you are doing and go after some new ideas that you think will bring you more money. The problem is you will have to start everything again and who know when you will find something more interesting and make another escape?
Everything takes time and you better have one project done completely rather than doing lots of things by halves.
Many fell in a trap of overloading yourselves with too many affiliate programs. To some extent, it is no wrong when you use multiple channels to make your money online. However if you keep signing up in every affiliate program that you pass by, at one point it will turn to be a nightmare when you have too many to deal with and cannot manage them properly.
It’s time get a grip of yourself and decide which one you want to stick to. There are some reliable affiliate services like Amazon Associates, ShareaSale and Commission Junction. They all work mostly the same and offer different percentage of commission. Choose your affiliate programs smartly and start marking some good money today.
Good luck and have fun!
Are you doing affiliate marketing too? We can’t wait for your tips and opinions. Share with us here please!
