For all your online business building info! , 2020-10-31 16:27:55
Make Money Online with Affiliate Programs
Affiliates make money by referring customers to their merchants. To promote their online sales many companies (or webmasters) make use of affiliate programs. Everyone can join an affiliate program. Every user that joins an affiliate program will get a unique affiliate ID. This ID is used in links that you can use in your affiliate program. If someone buys a product through your affiliate link, you will earn an affiliate commission. (Percentage of the purchase for the referral).
Below are the steps to starting an affiliate marketing business:
Step 1 – Joining an affiliate program
Before you join any affiliate program, you must do some research. You must find out if there is a start-up fee, which products are popular, if their sales letters are any good and the conversion rates of the products. Conversion rates are generally given in percentages. For instance: a conversion rate of 3% means that for every hundred visitors, three will actually buy. See clickbank.com to find an affiliate program that interests you.
Step 2 – Promoting an affiliate program
Once you have chosen you affiliate program you have to make a website. You need a website to promote your affiliate program. Creating a website is easy, with the use of a WYSIWYG (what you see is what you get) website builder, a site can be made in a few hours. (Try NVU. This is a free WYSIWYG program) Also you have to name your site and find out if the domain name is free. (Normally this is done in combination with step 4.)
Step 3 – Creating content for your website
After you created the general layout of your website, you have to make content for your website. Say you want to promote e-books. You could write reviews on each e-book, make a product recommendation list, etc. The last thing that you have to do is to place an affiliate link on every product that you mention. (This link will point to the sales website of the e-books you mention in you content).
Step 4 – Finding a web hosting service
After you created the website, you have to find a web hosting company who can host your site. Compare the many web hosting companies to find the best deal. You need at least: 200Mb of web space, 10 GB transfer per month.
Step 5 – Traffic/visitors to your website
This is the hard part. You must have many visitors to your website to get a decent referral rate. The more traffic your website gets, the more likely someone will click an affiliate link. (The more likely you will generate some sales.) There are several ways to drive targeted traffic to your site.
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