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Successful Tips for Affiliate Marketing|
Copyright 2003-2004, Scott F. Geld
Affiliate programs can be an effective way of earning money by
just focusing on Internet Marketing. It doesnít matter whether
you have a product to sell or not; if you can harness the
benefit of those already selling on the web, you can get
thousands of affiliate programs, which will pay you commission
for selling their products. It is just like becoming a retailer
for some manufacturing company, which pays you once you affect
a sale of their product. But to choose from thousands is a
difficult thing altogether.
Letís give a look at an example of any brick and mortar
business. Imagine you have a local shop and you are selling
products of a brand, which is well recognized. As you cannot
store more than two or three products in your one single shop,
the same logic applies on the web too. Since you have a web
presence, it doesnít mean you would sell all the products
available on the web. Keep yourself restricted to some niche
products. If you wish to sell more, then get more websites
running, which would sell all those other products too. The
mantra to succeed here is to have specialty websites, which
offer one or more like-products rather than selling everything
available under the sun.
Getting good profit margins on affiliate programs is also a
crucial factor. You must consider those programs, which provide
you ten percent or more in commission. Choosing the product to
sell is also of importance, as everyone knows selling a product
worth $20 is as difficult as selling a $200 product. So analyze
and decide what would sell, at what price, and how much
commission you would get on that. It is all about algorithms
and statistics on the web. If you learn the fundamentals,
chances are that you would be making some money initially and
thereon you would be a marketing guru yourself.
You would be surprised to know that all Internet marketing
gurus started their business on the web and that is quite
logical. You should read their success story, learn their
success formula, and follow those principles. Affiliate
programs are just about how you market a product on the
Internet. You should be able to generate traffic on your
website and able to turn browsers into buyers. There is a
gamut of products, which would sell like a hot cake. You just
need to identify those and become a reseller, thereby earning
handsome commission on your efforts.
This article was originally written: November, 2003
The article on this page is Copyright © 2003-2004, Scott F. Geld
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