Sunday, April 10, 2011

Best Ways to Make Money - Affiliate Marketing Lessons pt. 20 - Choosing an Affiliate Network

Online affiliate marketing is one of the best ways to make money, for many reasons. The sheer variety of products out there is one thing, the possibilities of how you could make money with it are amazing. The fundamental principal behind affiliate marketing is promoting somebody else's product and then getting a commission when somebody buys from your affiliate link. The commission varies, and can be anywhere from 15% to 75%. The reason it can be so high is, there is little reason for somebody with a product to roundly reject even 25% of the product price because the person promoting the product is doing free advertising for them. They're selling products that they wouldn't otherwise sell...however, the most common commission percentage is closer to 50%. In any case, there are many different affiliate networks also. Two of the most common are clickbank and commission junction. The basic difference between them is that clickbank is open to everyone, commission junction is not. In order to promote products for commission junction you have to apply to it, and then once you apply you have to individually apply for different companies in order to promote their specific products. This might seem like a lot of work, but it's well worth it when you look at the products you'll be promoting, which are generally of much higher quality than clickbank products. That said, clickbank products can be extremely high quality it's just that clickbank very rarely does big commercial brand name products or physical products, and commission junction does both.

To say that you can make more on clickbank versus commission junction, or vice versa, or that any particular affiliate network will make you more money than another, isn't quite true. While it is true that certain affiliate networks are more reliable and well known, every affiliate network is going to require that you do a lot of work on your own in order to make it work. That means the power is in your hands, and what you put in is what you get out of it, like many other things in life! If you want to know how to truly succeed as an affiliate, then you need to know the overall rules of affiliate marketing. The most important of which is, never promote a product that isn't selling. And, always track what you're doing so you can see where your product is selling the best, and where it's simply not selling. If you do both of these things, you can be successful. But if you pick the wrong product, you can promote until you're blue in the face, and all you will get in return is a big pile of frustration. So always find some way to test your products and get a feel for which ones sell and which ones don't, before you go ahead and promote the living daylights out of any one thing. And, just so we're clear, you must put tracking code on individual links in order to know where your sales are coming from, so you're not left in the dark when you finally do make a sale.

If you want a great system to help you learn the art of making money online, check this out: click here! Or check out another post on how to make lots of money.

1 comment:

  1. I am really thankful to you for sharing such a great Blog. Online affiliate marketing has become one of the most sought after SEO marketing services in today’s time.

    Online affiliate marketing

    ReplyDelete