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From $2 To $2,500 Per Month
This article
is for anyone who is currently marketing, or considering joining, an affiliate
program. Whether it will be a big part of your site or just an "add-on" to
generate some extra profits, this will undoubtedly help your bottom line
profits.
Over the years I've tried my hand at quite a few programs. I've
cashed monthly checks ranging from $2 to $2,500. As you can see, I've
experienced some miserable failures as well as some still-growing successes. So
please -- learn from my experiences!
You must pick the right program.
When I was a newbie back in 1996, I was looking for ways to make money on the
Internet. I realized my own product was a big key and worked on it feverishly.
But I figured I would also try my hand at reselling.
After a little
research I found a program called FreedomStarr which was a new network marketing
program at the time. It seemed to have everything I was looking for. They would
set up a free web site for me and pay me on six levels. All I had to do was sign
up others and as they changed their long distance carrier I would earn a
percentage of their phone bills. The nifty calculator at their site even told me
how rich I could get.
So did it work? Long story, short ... NO! And believe me, I
tried. I had their banners up at my site for two years. My organization reached 1000 members. Paydirt, right?
Wrong. My
biggest commission check was $40.62.
Why? Simple. They paid 5% on level 1
and 1% or less on the rest. Just not enough to make serious money within a
reasonable period of time. Plus, not everyone who joined ended up switching
their long distance. That was a big secret I learned too late.
I'm not
bashing network marketing and I know that there are some good programs out
there. You may go through a handful before you find one, but bashing the network
marketing industry is not the answer. The real solution is for you to find the
right company through careful research. In order to make some REAL money with
affiliate programs, you must:
1. Select an affiliate program from a
well-known and established company.
2. Make sure their program pays you
25% or more on your personal sales.
And, one more thing that is extremely
helpful in securing long-term affiliate profits is to select a program that pays
residual or recurring commissions. (For example, monthly or yearly web services
like hosting or autoresponders are perfect.) If there is an additional tier
where you can earn additional income from your "sub-resellers," all the
better.
Before you join that next affiliate program, or spend too much
marketing the one you're in, plug it into that checklist of components. Once you
are 100% sure that you have selected the right company to promote, next comes
your actual promotion.
There are many ways to promote an associate or
affiliate program. Most of the good programs offer training materials and
affiliate support. While I recommend you pay attention to what they have to say,
don't put on blinders and do ONLY what they say.
The best resellers with
any program, whether it is an multilevel marketing program or a straight
commission plan, are the creative people. You should utilize the material they
offer, but you really need to take it a step further. Remember, you should only
be promoting a product or service if you can get behind it 100% so use that
confidence to take the extra step!
Here's an example of one of my
successful programs:
Since the beginning of 1998 I've been reselling web
hosting services for a company named Virtualis. You may have heard of them. They
have carved out a reputation on the web as one of the most responsive and
helpful web hosting firms.
In a market crowded with mom-and-pop hosting
companies, this is a major advantage. Their hosting prices are not the lowest,
but I can sell them because serious marketers know the importance of a
super-responsive and reliable host. They passed all the checklist items above
and it was a perfect tie-in for what I was marketing.
The very first
month I joined I set up my little marketing machine. For example, I took a few
hours and wrote an article on the web hosting industry. In it I explained the
importance of professional level hosting as well as my own experiences with
"budget hosts." I stuck the article on my site and included my reseller link.
This started my flow of leads.
Then I took my plan a step further.
Because this was a two-tier program I could sign up others into the opportunity
and earn 10% of their sales too. I wrote a "welcome" message for all of my
sub-resellers which invited them to reprint the same article on their sites as
well, using their affiliate URL. It helped them get started and gave them a
better shot at making sales.
Has this little plan I devised and set up in
less than a day worked? Absolutely.
The first year brought me over
$17,000 in commissions. Not a bad "side income." And no, it is NOT simply
because I get a decent amount of traffic to my web site. My traffic levels were
not much higher than the end of my FreedomStarr days. This new program worked
because it was solid and I marketed it creatively.
To this day my
commissions from this program continue to grow by $200 every month. In just a
few more years I'll be cashing $10,000 checks every month. And please, don't
misunderstand and think I'm telling you this to brag. I'm merely sharing this
with you to show you that selecting the right program and marketing it
creatively can make all the difference in the world.
So, here are the
keys to promoting your affiliate program:
1. Promote the product or
service through your own web site instead of relying solely on your reseller ID,
self-replicating web page, etc. Prospects tend to buy more when linked from a
web site they trust, rather than clicking on an obvious reseller URL.
2.
If your site is not related to the affiliate product you plan to market, get a
separate domain name and put a site up that is. If you're not willing to do that
then you may be disappointed at how untargeted traffic affects your affiliate
sales.
3. Don't rely on the banners they give you. Everyone else in the
program is using them too! Write personal recommendations instead and pop them
up in small, brightly colored tables at your site. These are more eye-catching
and effective than any banner.
4. If the program has two-tier set-up,
help your sub-affiliates succeed. Although I don't recommend you spend as much
effort signing up sub-affiliates as actually selling the product, the affiliates
that you DO sign up will benefit from your marketing plan too. Share it with
them. By helping them you help yourself.
You now have all the details on
how to succeed and how to fail at affiliate programs. Once you're set up, all
you need is web site traffic and the rest will fall into
place.
Why reinvent the
wheel -- wasting time, effort and money going at it alone -- when a bunch of
highly successful webmasters and marketers have SPILLED THE BEANS at a new
Private Web Site? Learn our secrets and especially from our mistakes, and you'll
have more time to actually grow your business! Go there now ...
Click for
INSTANT access: http://www.marketingchallenge.com/index.cgi?121175
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