Affiliate Marketing Jlhongm

Just about affiliate marketing information

Author Archive: blogger

Time Has No Bearing On Money

Most of us have ideas about the amount of time it takes to make a certain amount of money. These ideas do not apply to forex trading. A trader can literally make thousands of dollars in a matter of minutes or even seconds with very little effort expended at all. This is very different than what most people are brought up to believe is possible about making money. Most people are raised to believe that to make money (especially large sums of money), it takes much time and effort. When I first started trading, my family and friends could not understand how, in just a matter of minutes, I could have the possibility of being up or down many thousands of dollars. People dont make thousands of dollars in minutes. It takes weeks. At least it does in most business.

To many people, the possibility to make or lose money that quickly is something theyll never experience. But to a trader, this is something we experience on a daily basis. To be a successful trader, youll definitely need to get used to it. The problem is many people have a mental conflict with that kind of situation. Because of our upbringing, we have certain beliefs about whether we deserve to make money that quickly. In many cases, we are so taken back that we made that much money so fast, that it doesnt seem to be right that we that we could have that much quickly. This leads to two serious problems.

The first problem is the big one. If you subconsciously dont feel you deserve to make money so quickly, then when we do get that quick windfall, our subconscious will say, Hey you cant make money that fast! Wed better find a way to give that money back! And believe it or not, you will most likely end up doing just that. That is how powerful your subconscious is. If you have a certain belief about yourself, your subconscious will strive to make that believe true.
The second problem with this mental conflict is it causes people to stay in trades way too long.

Just because the market gave you $1000.in profit in two minutes, it has nothing whatsoever to do with whether the market is going to continue in the same direction. The only way to deal with these situations is to be mentally prepared for them to happen, because they will happen. By being mentally prepared for this type of situation, you act in your own best interest by not letting the lions share of your profits get away from you.

Remember, acting in your own best interest to protect yourself is much more important than finding winning trades. Dont get caught up in thinking the market must keep going if it moved this far, this fast. Keep yourself prepared for whatever it does and you will have much better chance of holding onto your profits.

The Affiliate Marketing Opportunity And How To Exploit It In 7 Simple Steps

There is no doubt that affiliate marketing represents a massive opportunity to earn substantial money from the comfort of your own home and the only tools you need are your PC and broadband connection, however newbie affiliate marketers often achieve very little success if any to justify their efforts.

Although this is a business model that anyone can follow it is vital to understand the two key ingredients of affiliate marketing success; targeted traffic and pre-selling the product.

Targeted traffic is self explanatory but what do I mean by ‘pre-selling the product’?

Pre-selling the product simply means that instead of sending your traffic directly to the product’s sales page (what most unsuccessful affiliates do) your traffic is directed to a review page that provides an insiders view of the product.

Here are my seven simple steps to exploiting the affiliate marketing opportunity;

1 Choose the product you are going to promote. I focus on high value products in my niche preferably with a monthly recurring billing feature to earn monthly commissions. High profile products work best.

2 Buy the domain name “productnamereview.com” (replacing “product name” with the name of the product you are promoting)

3 create a free WordPress blog on the domain.

4 Review the product (ask the owner for a review copy) and post your review to your blog.

5 Create a video tour of the product (use a screen-shot video tool such as jing.com) and post the video to your blog.

6 Distribute the video to as many video sharing sites as possible (hey!spread will automate this for a small fee).

7 Digg your posts and video (digg.com)

It is important to post new material to the blog every couple of days for the first week.

These simple steps should result in your review site appearing on the first page of search results for your keywords (the product name).

High profile products (especially big product launches) attract a lot of search engine traffic from prospects who want to check the product out before buying, these people will find your review site, read your review and click your affiliate link to buy!

Because these seven simple steps to exploiting the affiliate marketing opportunity cost just a few dollars you can promote any number of products this way and once the initial set up work is done it pretty much runs itself!

For a free step by step guide with example screen-shots and earnings click the link below.

THE AFFILIATE MARKETING SECRETS OF SMART AFFILIATES

There are many ways to promote profitable affiliate programs online. Here are a few common methods: 1. Write an article based on the affiliate program that you wanted to promote and at the end of the article, promote the affiliate program with your unique affiliate link. 2. Create a new review site to review Clickbank’s products. Then inside the review, have your affiliate link that’s linking to the products. 3. Create as many fresh social pages as possible by using social sites like hubpages.com, squidoo.com, tumblr.com, etc. There are a lot more other methods to promote affiliate programs! But I do affiliate marketing slightly differently, so does the entire repertoire smart affiliate marketers today. You see, we do not promote affiliate programs directly. All of our promotions funnel into just one purpose – and that’s into a -squeeze page- to build a mailing list! Here is an example of a squeeze page:

Let me explain WHY building a list is ALWAYS much better than promoting affiliate programs to your first time website visitor, aka, your traffic: Yes, you may make more money (and a little faster) if you promote an affiliate program directly. But you get to promote it just one time! So if they purchase the product through your affiliate link, you’ll make the commission, but you’re not going to make another commission unless you start the process all over again! This means that you’ll ALWAYS be working, both day and night. And what if they do not buy the recommended affiliate program on your page? Well then, all of your effort and money will simply go down the drain. But let’s look at the second situation where you’ll drive traffic to a squeeze page instead- If you build a list, theoretically, you can promote to the same subscriber as many times as you see fit! So when you have a list, you can be reaching your prospect at any time of the day you wish, thus, allowing you to control or even predict your income! So let me just paint you a simple illustration: Assuming you already have 5,000 subscribers in your list and you mail out as little as just once a week. Now, to make the math simple, let’s say you’ll make $20 per sale – and if only 1% of them buy, you’ll be making at least $1,000 per week! All this is done by just sending out an email! 1. Send out one email per week to 5,000 subscribers 2. Affiliate program pays out $20 per sale 3. 1% of subscribers purchase and you make $1,000 per week! That’s a nice -pay check- of $4K a month. Not too shabby with affiliate marketing, is it? Let’s say that if you want to make $8,000 a month, you’ll just need to focus on gaining 10,000 subscribers. Do you start to see how SIMPLE it is to make internet marketing work effectively? The truth is, that is the REAL SECRET that all marketing Gurus are using to make money online. So what you really NEED here is: A Domain Name and Hosting A Squeeze Page An Offer To Entice Your Visitors To Subscribe An Autoresponder To Efficiently Manage Your List Well, basically that’s all you need to have to get yourself started. I guess the missing piece to complete this system is driving fresh traffic. And interestingly, that is the easiest part of all! You see, most people struggle to get traffic is because they’re looking at it from the wrong angle. They’re trying their best to gain traffic for -free-. There’s nothing wrong with that, but let me explain to you why it’s not an advisable method- Let’s assume you’ve just opened a new caf in your neighborhood. How do you promote your business – conventionally? You could probably do any of these campaigns: Run ads in your local newspaper Buy ad space in your local food review magazines Print out flyers to be distributed If you study the list above carefully, it’s about spending money to get the prospect! Just because the internet is free, it doesn’t mean that -everything- is free! If we start treating our online business as a business, we’ll start to plan things differently. There is an unlimited amount of traffic on the internet for you to buy. For a start, you can simply buy traffic directly from Facebook. By just using Facebook, you’ll probably have enough traffic to run your entire business. So when smart affiliates are promoting affiliate programs, here’s what it will look like: Promote affiliate programs in the email follow ups or with mass mailout! I’m not sure if the other Guru’s have shared this information with you before, but this is truly the biggest secret to internet marketing. This is the exact same formula that I have used to build my internet business empire for the past 10 years. For More Information Click Here:http://wp.me/P4NRpZ-6o 6o

Success with Affiliate Marketing and Bringing in the Back-End Sales

In affiliate marketing, all people involved in the program get benefited. The affiliate earns income each time he refers a visitor to the website of the merchant. And on the other side, the merchant produces sales without spending a lot of funds for advertising and promotion. The goal, of course, of both sides is to attain as much earnings as possible.

Since the goal is to earn more income, both affiliate and merchant should consider including the practice of back-end selling in their business activities. Back-end selling is a great support for affiliate marketing. It can greatly augment the income produced from affiliate marketing.

Basically, back-end selling is the selling being conducted after the initial sale. That is, when a visitor becomes a paying customer for one product, another product can be advertised and sold to the same customer. This second product is called the back-end product. Since the customer is already acquainted with the merchant or affiliate, there is already an element of trust planted in between. Selling the back-end product may be easier than the initial sale.

Historically, back-end selling has helped boost the sales of both the online businesses and the land-bound companies. As indicated before, the major reason is the established trust between the customer and the merchant or affiliate. If the customer is satisfied with the first product that he purchased, he will logically assume that the online company is offering quality products. A satisfied customer can be easily turned into a “repeat customer”.

The usual technique in backend -selling is to make the customer aware of another product, This second product can cater to the other needs of the customer. And when the satisfied customer becomes aware of the second or back-end product, he will certainly look into it and may decide to purchase it. After such a sale, the merchant or affiliate may offer another back-end product.

Back-end selling had been proven to be powerful in augmenting the income many traditional and land-bound companies. This marketing practice has also made hundreds of online companies flourish and expand. Therefore, it can be a marketing practice that can surely work well with affiliate marketing.

While affiliate marketing will attract new customers and lead to the first sale, the back-end selling can build loyalty among the customers. In other words, back-end selling is one major ingredient in creating that winning formula in affiliate marketing.

Every affiliate should look into the financial promise of back-end selling when coupled with affiliate marketing. These two can make the affiliate earn unbelievably amazing income.

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Affiliate Marketing Business Compensation Methods

There are several compensation methods an affiliate marketing business can choose to employ. Currently, the cost per share (CPS) or revenue sharing method is being used by about 80 percent of affiliate marketing businesses. Next to CPS, the cost per action scheme is most popular with 19% of affiliating entities using it. The rest utilize other methods such as cost per click (CPC) or cost per mille (CPM).

Diminished Compensation Methods
Though less than one percent of the affiliate marketing industry implements cost per click, it is the most commonly used approach in the sectors of paid search and display advertising.

Cost per mille is considered the easiest and most profitable of the cost per click techniques because a visitor who visits an advertising made available by a publisher in his website is enough to earn that publisher his commissions. Pay per click is the evolved form of cost per mille. In pay per click, one extra step is added to the cost per mille system. That extra step is that visitors must first click the advertisements on a publishers site before he earns any commissions. Having people visit his site alone will earn him nothing.

Cost per click methods were comprehensively being used in the early periods of the expansion of affiliate marketing business. But such use has greatly diminished over the decades as more and more fraudulent clicking activities were reported. Such issues are just the same of the issues troubling the search engines of today. Contextual advertising programs like Google AdSense are not taken into account in the statistic pertaining to diminished use of cost per click, as it is undecided if contextual advertising can be regarded as affiliate marketing.

Performance Marketing
Cost per mille completely exposes the advertiser to risk and total loss because a publisher will tend to focus his full attention only at getting people visit his site and no longer cares whether their visit at the site becomes enough to make them consider making a purchase or convert them into customers. This is because the publisher has already earned his commission after the visitor has gone to his site.

Cost per action or cost per sale methods are considered the ultimate reengineered from of cost per mille in the sense that more actions are required to be completed by visitors before they earn the publisher commissions. The most common prerequisite for commissions is the publisher website must be able to convert the visitor into a customer. The publisher then is forced to focus on conversion rather than on just getting people visit his site. The risk and loss therefore is being shared by both the affiliate and the advertiser.

Performance marketing enterprise has become an alternate name for an affiliate marketing business because of how the sales employees or associates are normally being compensated. Such employees often receive performance bonuses whenever they exceed their quotas to motivate them to give their all. The bonus is additional compensation, added to the fixed per sale commission they receive. Affiliates are often paid in similar ways to that of a fully commission based internal sales department though associates are not in any way directly employed by the affiliate marketing business they advertise products and services for.

Affiliates however cannot be totally described as an extension of the affiliate marketing business sales work force because they provide very little or absolutely no influence to the visitors they convert or try to convert into clients because they direct traffic straight to the advertisers sales website. The in-house sales team, on the other hand, exercises control and influence over the prospects until the deal is closed or the relative product or service purchased.

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