How Can I Promote My Affiliate Programs?

The thought of being able to make money online with affiliate programs may have sounded like a great business opportunity to you. The thought of being able to work at home in your own internet business, without having to worry about the things that have traditionally come along with running a business, such as inventory, storage, packing, shipping, complaints, returns, phone calls, emails, checks and credit cards,  just to name a few, must have seemed like the greatest business idea you had ever come across!

    Now that you are all set up with your affiliate programs however, you may be wondering, what can I do to generate traffic to my affiliate links?  Lets explore some of the ways we can accomplish this.

    The first thing you will want to do is to have a webpage with brief descriptions of all of your affiliate programs along with your affiliate links accompanying it. The reason for this is, for the most part, you will want to promote your own website as opposed to your individual affiliate links. Your webpage dose does not have to be fancy. Once you have accomplished this you will have a huge advantage over simply attempting to generate traffic to your individual affiliate links.  

    Start a business Blog. A Blog, short for, Web Log, is a great way to promote yourself as a knowledgeable person. People will begin to believe in you and will eventually trust you. Just make sure to post a new article every day so that people will keep coming back to read your latest article. That will breed familiarity. People will buy much more readily from people who they know and trust. Another reason to post every day is that, although it won’t be long before the search engines find your Blog, you can ping the search engines every time your Blog is updated and search engines L-O-V-E new content! Make sure to have a bio along with a link back to your website. Your bio should contain a brief description about you such as, [ John Doe is the owner of yoursite.com. John specializes in helping people to work at home in their own home based business. To learn about the different business opportunities John has to offer you visit his website at www.yoursite.com].

    Write and publish your own business articles. This is the greatest form of free advertising available. By writing and submitting articles, along with your bio at the bottom of each of your articles, you will not only have more and more non-reciprocal links pointing back to your website but most importantly the search engines will begin to spider your articles(read them word for word.)  When people type into a search engine, keywords or phrases, that match what is in your articles, they will show up on the search results along with a link back to your website! Make sure to insert keywords into your articles that are relevant to your website such as business opportunities, affiliate programs, work at home, home based business, etc. The more relevant links there are pointing back to your website the higher your page rank will be. A higher page rank means your website will show up higher on the search engines results page, so keep writing those articles!

    Ezines are email newsletters that people subscribe to on every topic imaginable. Find Ezines that are relevant to the business you are promoting such as business opportunities, affiliate programs, work at home, home based business, etc.  Most Ezines will accept advertisements. This is not spam because the subscribers have agreed to accept offers from time to time as part of their subscription and can unsubscribe at any time. With Ezines it is better to advertise your individual affiliate programs along with your affiliate link as opposed to your website with a link back to it.

    Email lists are another great way to advertise your individual affiliate programs. These are people who for whatever reason have agreed to receive certain offers. Find lists that are relevant to what you are promoting such as business opportunities, affiliate programs, work at home, home based business etc.

    Pay-Per-Click(PPC) advertising such as Google AdWords is a form of advertising for the first time in history were you only pay for advertising if people are actually interested in your ad, since you only pay if someone is interested enough to click on it! These are ads that show up along with the regular search engine results. In the case of Google AdWords for instance the ads appear overhead and also on the right side. This form of advertising however requires a deep technical understanding to make it cost effective, otherwise, it will suck up your advertising dollars in no time!

    Promoting your affiliate links dose not have to be expensive. It all depends on wether you would prefer to spend time, money or some sort of compromise between the two. You have various options available to you and what path you decide to take is entirely up to you.

Avoid Profit Loss By Ensuring Your Affiliates' Success!

One of the most frequently asked questions from people who have affiliate programs in this day and age is, “How do I keep from losing profits with my affiliate program?” 

Losing some profits is a given aspect of our time, but there is a way to cut back on the loss.  

As the economy continues to slump, website owners, including affiliates, lose interest because monies are tight.  We must remember most new affiliates have no “get up and go” knowledge that helps them gain confidence and assurance about marketing and sales. 

You would be surprised to know that in some programs, there is no mentoring or “coaching” involved.  The green affiliate is sent out on their own like Christopher Columbus to discover the world. 

Not equipping and motivating affiliates effectively are the main reasons they fail to bring in substantial profits!  When it costs the affiliate for information or time, the bottom line is that it cost both of us our success at making profits.

Any CEO whose company is making substantial profits will tell you it takes work to keep their crew motivated.  The Internet marketing circle is no different.  If we want to make the most profits from our Internet marketing business we need to create a healthy, responsive crew.   This means we need to keep the affiliate’s needs utmost in mind.  If we tend to their needs, they can be more effective and we can make more profits. 

There are many aspects to maintaining a healthy and responsive crew.  Here are some tips that can and will highly motivate your affiliates so both of you can profit.  They have been proven time and time again by the many marketers that run successful affiliate programs. 

Any CEO whose company is making substantial profits will tell you it takes work to keep their crew motivated.  The Internet marketing circle is no different.  If we want to make the most profits from our Internet marketing business we need to create a healthy, responsive crew.   This means we need to keep the affiliate’s needs utmost in mind.  If we tend to their needs, they can be more effective and we can make more profits. 

There are many aspects to maintaining a healthy and responsive crew.  Here are some tips that can and will highly motivate your affiliates so both of you can profit.  They have been proven time and time again by the many marketers that run successful affiliate programs. 

1) Make it worth their while!  The first thing I do when I want to start an Affiliate program is come up with an irrefutable deal; one they can’t refuse.  If you truly want to captivate someone’s attention, you have to make it worth their while to look at you   and your product.  You are “selling” them the idea of working to make profits for both parties.

2)  Equip them!  Try Giving them free information they can actually apply to their Affiliate business.  Give them information about how to make great articles, good sales letters, or how to boost traffic. 

Tell them they need their own website.  I have a great tool to make mini-sites displayed on my site.  I say mini-sites because they are easy and go up quickly.  This way the affiliate won’t lose a lot of time and waste energy getting frustrated.  Once they are motivated they need to get up and running quickly before they lose interest. 
   
Show them how to use the inevitable autoresponder, prepare and post messages, e-courses, and reports.  You can sell your e-books to them.  I am talking about giving them various ways they can gain information so they can be successful.

Another one that drove me nuts was how to build a subscribers list of potential repeat  costumers and actual keep them coming back!   Articles you write having great content helps too.  They can use them to gain a competitive edge over everyone else.
       
You will be surprised at the results you get!  Experience has taught me when affiliates gain more information, they feel confident and assured about what they are doing.  As this happens, they keep focused because he or she is getting results.  If they get results, you get results!

3) Show them You care about their success!  Nothing motivates affiliates more than having someone care enough to see them succeed other than primary results!  You can do this by staying in contact with them.  Show interest in them!  Encourage them!

4) Teach them about ethical marketing!  They can keep their credibility and remain in business.  Remember, if they are successful, you are successful! 

Take pride in your affiliates because they are a reflection of you and your business.

Please remember these tips are suggestive only.  If you want to continue losing profits, by all means, disregard them and continue making less money.  But if you seriously want to succeed at making the most out of your affiliate business, try the suggestions.  What do you have to lose? 

My hope is that all marketers are successful in making tons of profits.



Article may be freely distributed in newsletters, ezines, and sites its entirety!  Absolutely no selling or altering content including the link provided.   Please let me know via e-mail or send me a copy if you use the article.

Affiliate Marketing - How To Get Started In 6 Easy Steps

Affiliate marketing is probably the simplest business model you can choose to build a business. Of course the devil is in the details, as they say, but the overall model can really be broken down into six steps. Before we get to the steps, I want you to ask yourself a question. What do you hope to accomplish with affiliate marketing? This is an easier question to answer than it might seem. There are really only two basic choices here. The first is what I call the “quick buck” choice. In other words, you want to make a few dollars quickly, and you are not interested in building a business. If this is you, all you need to do is learn how to write exceptionally good ads, and then use them to promote your affiliate product. Many people will say I am wrong, but there is nothing wrong with doing this, as long as you are honestly not trying to build a long term business this way. On the other hand, if you are looking to build a business with income potential for the long term, then you will have a longer road ahead of you. It will take you longer before you see any profit from your efforts, but it will be worth it when you are able to take a day off, or even a week off, and still have sales in your absence. These steps should be followed in order. If you try to go out of sequence, you will not get the results you are after.

 1. Pick a Market

Why pick a market and not pick a product? Because you will eventually want to add additional products into your pipeline. You should pick a market that interests you, and maybe something you already know something about. Don't forget that you are building for the long term.  

2. Pick a Product

Once you have your market chosen, you should pick just one product to begin with. It will be very tempting to try to add all kinds of related products at first, but don't. Having just one product will help you focus on the important tasks. You will want to pick a product that converts well. What this means is that the product sells to a high percentage of visitors. This will help keep your cost per visitor down and increase your profits.  
3. Build a follow-up series

 Also called an autoresponder series, you should build one based on the topic and the contents of the product you are promoting. If it is a physical product you are promoting, you will have to create or locate content that is directly related to the product. As an example, if you are selling golf clubs, you could create a series about how to buy golf clubs that fit, or the benefits of custom clubs, or even something about the club preferences of famous professional golfers. Be as creative as you can, and do not stray off topic. It has been said that most sales are not made in the initial contact, they are made on the seventh. If you are not following up with your prospects, the bottom line is you are losing sales.

 4. Build an email capture page

 This is where you will capture information about your prospects so you can send your follow-up series. If you are building a business, having your own web site is a necessity, if only because you will control the content, and be able to capture email addresses for yourself. You might be able to get by for a while without this, but it just isn't worth it.  

5. Drive traffic to your squeeze page

Until you are finished with step four, you shouldn't even think about traffic techniques. If you don't have anywhere to send the traffic, why worry about how to generate it in the first place. Depending on the traffic generation techniques you choose, it may take some time for you to start seeing sales in your program. You should spend this time developing one or two streams of traffic, and refining these techniques to help you drive more traffic with less effort.  

6. Find additional related products

Once your business is making some money, it is time to start adding to your list of products. I don't mean you should go out and sign up for every affiliate program that is even remotely related. What I do mean is that you should carefully choose an additional product or two, and add them into your pipeline. Because you have been building a list of qualified prospects, you will be able to market these new products to them. This is the really long term money maker for your business. As long as you continue to recommend good products to your customer list, you can continue to make money off of them, even the ones who have already bought your last product recommendation. So these six steps are all you need to go from nothing to having a profitable business selling other peoples products. It can be easy to loose focus if you are not seeing immediate results, so keep your sights on the end goal of having a profitable business. You may also find it hard finding your initial market and product. Take your time and choose the best product you can. If the product you choose to promote is not good, your prospects will not continue to listen to your recommendations.

How To Best Select An Affiliate Program Online

Marketing products and services through the Internet is unquestionably easier and more rewarding compared to traditional marketing methods. With the millions of people worldwide getting online each day, there’s an enormous possibility for a merchant to sell his products and generate huge income.

However, merchandisers are not the only ones who can benefit from online marketing. A booming industry nowadays, provides great opportunity as well to individuals as affiliate marketers. In affiliate marketing, an affiliate marketer doesn’t need to have his own products and services to sell. All he needs to do is to refer people to the merchant’s business site for them to buy the products and thereby, earn a commission.

The key to an affiliate marketer’s success is to choose a good affiliate program and to employ excellent marketing techniques in promoting or selling the products to consumers. Why good and not the best affiliate program? There is no “best affiliate marketing program,” as one program might make one affiliate marketer a millionaire and the other a frustrated marketer. In other words, it can be a success to one and a failure to another. But there certainly is a good affiliate marketing program to start with. How to make it best would now depend on you.

But before you think how you are going to make it best and financially rewarding, first think about how you are going to land on a good affiliate program with the thousands of affiliate marketing opportunities abounding in the Internet today. Try to look into the following tips and suggestions on how to best select the affiliate program that’s right for you.

Information, that’s you need in order to make the right choice. It is helpful when you have already focused your search to a specific interest, which may be the theme of your website (if you already have one). In this way, you would be able to direct yourself towards a program that really matches your needs, wants and resources. It would be easier for you to eliminate options that are not suited to your own criteria for a good affiliate marketing program. You can join affiliate forums and learn some tips and get suggestions from experienced affiliate marketers. However, be wise enough to weigh their ideas before you buy them.

The Internet Affiliate marketing program networks are good places to look for choices. Here, merchants and affiliate marketers like you meet. The merchants advertise their affiliate programs to interested affiliates who sign up in the network for free. Third party affiliate program networks are helpful since they provide you with access to a large number of advertisers (merchandisers) simultaneously. You can easily track and compare their sales records, performances, benefits, products and services.

So now you have choices, the next question is which among those options is the right one. Here are some things to consider in deciding which to take and which to reject. First is the quality of the products and services. As an affiliate marketer your goal is not only to make visitors of your site click the link to the business site; but more importantly, to promote the product so they would buy it. If the customers are not convinced upon going to the business site, then you don’t earn. Make sure the products you are endorsing are worthwhile or in the business context, saleable. Ask yourself: if I were the customer, would I buy it? Would I recommend it to my family or good friend? If you can’t convince yourself or your family and friends to buy it, take a look at your next option.

Another is the affiliate program or the merchandiser’s history. Look into their previous and present sales data, their proven and tested affiliate marketing systems and their partners’ experiences with them.  Although, success of the program really depends on you, this one is still very important. The sales records don’t only show how good the affiliates are, but they speak about the products’ reliability, market availability and the company or the merchandisers’ reputation as well. Moreover, look into and carefully study the company’s compensation plan. Your purpose for joining the program is to earn, so make sure you’ll be paid for all your efforts fairly.

If you do not have much time to promote intensively the affiliate products by creating banners, graphics and articles, choose affiliate programs that help you create these for your web site. It would be great if the company provides training on how to effectively market products online. Remember that affiliate marketing is a partnership, so make sure your partner is able to support you as you help him promote his products and services.

Take down all the advantages and disadvantages of each program you are considering so you can clearly see the difference among your options; then later, compare the advantages of the programs with your own checklist. Take time to gather all the info you need to choose the right program. Remember an informed choice is the best choice.

The 10 Most Important Things a Webmaster Needs to Know When Picking a Retail Merchant Affiliate Program

I write a lot about what I look for in an affiliate when managing programs for various merchants. It always amazes me how many signups I get from sites with no affinity to my sites and also who never ask me a question about the performance of my merchant’s site. If you don’t know some of these basic facts about an affiliate program you are going to place advertising for on your site, then you are really not doing your job well.

So here are the 10 most important things you need to know about a retail merchant’s site:

1.    Make sure the site is the site professionally designed. First impressions are important. Nothing will turn off the visitors you refer to a site than to have them see an ugly site on the end of a link you have asked them to go to. You lose credibility with your visitor, something you never want to do.

2.    Make sure the ecommerce shopping cart is easy to use. We still have lots of clunky shopping carts in the marketplace. These hinder conversions and mean you won’t do well with the offer. How do you tell? Go buy something and see if you think it’s easy to use. You’ve seen more than most people, use your experience.

3.    Make sure your site has a close affinity to the merchant site. Don’t sign up for an affiliate program just because they have a large payout. If your site is all about “cats and dogs” and you refer someone to a residential lending site, what do you think your chances of conversion are? Low, low, low… so don’t do it. Refer visitors to sites that match your site in content and voice. You’ll get higher conversions making up for someone else’s supposedly higher payout.

4.    Check to see if they are selling any brand name products. Having brand names does make it easier to sell online. Having a branded category name is even easier. Does that mean you have to have a brand name to be successful… no. It just makes it easier.

5.    Ask them what the conversion rate of visitors to sales is. Depending on the conversion rate and the average sale price I can give the retailer a pretty good idea if he is going to be successful in attracting affiliates. A 1% conversion rate can be good depending on what you sell, and I have some customers that run at 4% as well. Likewise, an affiliate must look at the affiliate conversion rate to determine which program will do the best for him. How do you find out… ask. Good affiliate managers will tell you and you will learn which ones to trust very quickly.

6.    Ask them what the average price per sale is on the site. Low priced items are not affiliate favorites as they have to drive lots of traffic to earn any money. A retailer with at least a $60 average sale is a bare minimum. Many times it may be a packaging issue, but if the retailer hasn’t figured it out by the time you show up… don’t expect them to get them to package their products correctly.

7.    Check if they are selling a unique product. This goes to the competition. When I hear the phrase: “Well… there’s really nothing quite like it on the Internet”, you should I know that the merchant has not done any online research. There is competition in virtually every segment of every product type on the web. Sometimes unique is good, sometimes it is a little too “niche-y”. If your site has affinity to a niche product you should be fine, if not don’t stretch too much out of your comfort zone.

8.    Make sure the merchant is able to offer a competitively priced retail product. He doesn’t have to be the cheapest for sure. But if the competition is less expensive and they don’t have a value proposition to support the pricing model, you will have trouble getting sales.

9.    Similar to #7: Make sure the merchant isn’t allowing others to sell the same product less expensively than you are able to sell if for. Some retailers are actually the manufacturer, so he may have lots of margin in his products. This is okay as long as he doesn’t offer favored deals to other affiliates.

10.    Work with merchants who offer an aggressive affiliate payout. I’ve got this last because if any of the first parts are not in order, high payouts won’t do you any good. Also, brand names many times prescribe low payouts to affiliates, since they are… so well known. You might be better off with an aggressive competitor that really values you.

11.    Bonus Answer: Find Affiliate Managers you trust. Find affiliate managers that promptly answer your questions and respond to your needs… such as getting you paid promptly. Building these relationships will enable you to more quickly determine if the program fits you.

And now once you are loaded with all of this data, your site will have appropriate highly converting product links from good retail merchants with management in place to make your life easier.

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Basic Accounting Principles

Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: "facilitating the administration of economic activity. This function has two closely related phases: 1) measuring and arraying economic data; and 2) communicating the results of this process to interested parties." As an example, a company's accountants periodically measure the profit and loss for a month, a quarter or a fiscal year and publish these results in a statement of profit and loss that's called an income statement. These statements include elements such as accounts receivable (what's owed to the company) and accounts payable (what the company owes). It can also get pretty complicated with subjects like retained earnings and accelerated depreciation. This at the higher levels of accounting and in the organization. Much of accounting though, is also concerned with basic bookkeeping. This is the process that records every transaction; every bill paid, every dime owed, every dollar and cent spent and accumulated. But the owners of the company, which can be individual owners or millions of shareholders are most concerned with the summaries of these transactions, contained in the financial statement. The financial statement summarizes a company's assets. A value of an asset is what it cost when it was first acquired. The financial statement also records what the sources of the assets were. Some assets are in the form of loans that have to be paid back. Profits are also an asset of the business. In what's called double-entry bookkeeping, the liabilities are also summarized. Obviously, a company wants to show a higher amount of assets to offset the liabilities and show a profit. The management of these two elements is the essence of accounting. There is a system for doing this; not every company or individual can devise their own systems for accounting; the result would be chaos!