Saturday, March 7, 2009

Affiliate Programs Can Buy You a ( Very Big) House on the Beach

By Casper Poodel

There are two simple keys to a successful affiliate business. One is a website which can attract visitors; ideally visitors with something in common. The other key is a product, or perhaps a service of some kind, which will motivate them to request further information or make a purchase.

As an online marketer of any kind, you will need to ask and answer, to the best of your ability, several questions about your visitors. What is their gender? Their age range? Their income? In what are they interested?

Most important of all, why do they come to your website? What do they hope to do there? Are they looking for advice, entertainment, the solution to a medical problem, or something else?

If you do a lot of well organized thinking about who your visitors are, you'll discover what their interests are, what they need, what they think they need (which may be very different), and what they might be willing to buy online. The products or services you choose must be a good match for your audience or it doesn't matter how many folks visit your website. But, don't worry, if the products or services you choose first don't sell well, try others. It's better to be right the first time, but it's not a requirement.

Be sure to consider lead generation programs as well as programs which pay you on a per sale basis. Depending on the content of your site and the demographics of your visitors, they may be more interested in receiving car insurance quotes, for instance, than in buying auto accessories. Some programs pay you very well just to help them identify prospects for whatever it is they sell.

In fact, some webmasters earn significant income giving away coupons for a wide variety of products because to obtain those products, consumers must put themselves on a mailing list.

Remember, the commission you are offered may not be the whole story. If a program will compensate you both for the revenue you bring in directly and the revenue brought in by those you influence to join the program, your net earnings may ultimately be far higher.

Choose your affiliate program(s) with care. I suggest you confine yourself to those that:

1. provide you with accurate tracking information. You need to know about what is working well for you, and what is not.

2. offer you proven advertising to add to your website.

3. offer you a quick and complete response when you have a question or a problem.

4. meet your website visitors' needs with a high quality product or service at a fair and competitive price.

If you offer your visitors a free newsletter, a "how to" guide, or anything else of value, they will willingly provide you with their email addresses...email addresses you can use to contact them after adding information to your website; email addresses you can use to send them product offerings, and email addresses you can use to maintain contact with them for years. But, you email them only when you have an update, new product, or information they are likely to find worthwhile. Otherwise, they ask to be removed from your mailing list or stop opening your emails. Remember, if cultivated properly, one website visitor may buy many products from you over the course of a few years.

I'll conclude by passing along to you what might well be the best business-related advice I have ever heard; the most critical activity in which a businessperson can be engaged is tracking and analyzing the results...positive or negative...of every decision and activity. - 15246

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