If you are an affiliate marketer, you should know that you can start earning a good commission on your first sale. This could happen in as little as six weeks; in fact it could happen within the first 24 hours. If you find the right affiliate program for the right audience then your first sale could happen quickly. The power of affiliate marketing to do this is what makes it so appealing to people who have little or no experience in this line of work.
There are literally thousands of affiliates working online to sell e-books, courses, and software and even services. If you want to be successful at it all you have to do is join the right affiliate program. Here is how to find the right affiliate program for you.
There are many affiliate programs online to choose from. With so many to choose from it can become a daunting task and a bit overwhelming. But if you keep a few things in mind you will be much more likely to find a good affiliate program. Here are the top things to consider.
Pick a product you believe in
First, you need to find a product or service that is attractive. It goes without saying that you should not go into affiliate marketing without being confident that the product or service that you are offering is something that people want. Pick something that will make them want to pay over their hard earned cash.
It is better to find a product or service that you are passionate about than something that you just think people will want. For example, if you are into gardening, find something that will interest people into buying your affiliate marketing offer in the gardening niche. The sale will be easier if you can talk about the merits of the offer and really know what you are talking about.
Know your market
Second, you need to know your market. This is another reason why selecting a niche in something you are interested in will help. You could find products or services that appeal to many different groups or alternatively find several affiliate programs that cater to a particular group. Sticking to one niche has the advantage that you do not need to go and find a new audience every time. You will get a better return on your marketing spend this way. If you are spending money on traffic you want to get the most from your money.
Don’t just think money to find the right affiliate program
Third, find a good program. There are a lot of affiliate programs out there that offer high commissions, but there are also a number of programs that offer lower commissions. You should not base your choice entirely on money. Your reputation will become important. If you promote a sub standard product just on the basis of what the payout will be then people will not trust your recommendations in future.
Ideally when choosing a program to promote you would pick an evergreen product that will not disappear in a few months. Another thing to look out for is solutions that will pay a recurring commission. Passive income is the thing that everyone wants.
Two tier affiliate programs are awesome options. They offer the ability to not only make commissions on your initial sale but also on any sales that your referrals make. This is a bit like MLM but there are some quality products that offer this benefit.
Read about two of the best two tier affiliate programs in my previous post.
There are some services that people will always need and often will stick with once they get used to them. These would include things like email marketing services and web hosting.
Stand out from the crowd
Fourth, consider who you are targeting when you are promoting your affiliate marketing program. Is your target market going to be individuals, groups, or businesses? There are going to be a lot of affiliates out there who have the same or something very similar to offer. It may be better to be a big fish in a small pond and find a highly targeted crowd to market to rather than a mass market.
The other way to stand out from the crowd is to offer bonuses. If you offer a bonus which complements the product you are promoting this will increase your chance of getting the sale.
Find the right affiliate program and don’t give up
Remember, you are doing this to make money. If you are starting out in affiliate marketing then you should aim to make a profit after a few sales. However it may not be the lucrative profession that you thought it would be. When you first start out aim to break even on your ad spend as soon as possible. Once you have profits reinvest a large percentage in to your advertising and marketing.
Don’t give up if you don’t get immediate success. Like anything else affiliate marketing is something that gets easier with practice. Learn as much as you can about your target audience and find out what they want. You can do this by hanging out in forums or running a survey and actually asking them. This will help you find the right product to promote.
We looked at some of the ways of maximizing your ad spend and getting targeted audiences in a previous blog post.
Affiliate marketing is a great way to make money online. You don’t need to make your own products, write your own sales copy and invest in start up costs. Once you find the right affiliate program your job becomes easier but is still only half done. You have to ensure that you stay focused. Make certain that you understand the basics before you go into something that could take you a long time to master. But stick with it. If you want to work from home then becoming an affiliate marketer is a great option.