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8 Ways to Explode Your Affiliate Commissions
by Michael Hopkins
Affiliate programs are a great way of generating income for your online
business if -- and only IF -- you go about them the RIGHT way.
Simply signing up for every half-interesting program you find and then
sticking a link somewhere on your website is NOT enough. This is what a
great many people do when starting out and, when it doesn't generate any
income, they become discouraged and lose confidence in the concept of
promoting other people's products.
This is a shame because you CAN make good money promoting affiliate
products -- but only if you promote the right products to the right people
using the right methods.
So, if you're fed up of making zero cash from any of the programs you
promote, then you might want to consider the following points and adjust
your approach accordingly...
1. Choose programs relevant to your target market
This is a crucial point that is ignored by a great many people. Just like
any aspect of your online business, it's vitally important that your
affiliate program promotions are FOCUSED on your target market.
Joining a hundred different programs and placing all their banners on your
web pages will get you nowhere. Join only those programs that will appeal
to your target audience and then promote them heavily.
If you don't know who your target audience is, then you need to work that
out first. Then, once you've established who your market is (the narrower
the focus the better), promote only those products that will appeal to
that market.
Don't promote too many different products either. Select a few of the best
and concentrate all your efforts on promoting those products only.
2. Treat affiliate products like your own
This is a very important point that, again, many people choose to ignore.
Rather than just putting a link to the product sales page on your site,
you should pre-sell the product on your site. This is best done through
writing a thorough review/recommendation of the product in your OWN words.
Leave the 'hard-sell' to the product website itself, the focus of your
mini-site should be on putting the visitor in the right frame of mind
before visiting the product website.
Some of the web's most successful affiliate marketers will create a
mini-site (including domain name) for each product they promote and then
they use that mini-site to:
(1) pre-sell the product and
(2) collect the email addresses of their visitors.
You could offer visitors a free e-course (or ebook) related to the product
you're promoting and then integrate your affiliate links into the
e-course.
By collecting email addresses, you achieve two things:
(1) you can follow-up with the visitor to remind him/her about the product
and
(2) you can follow-up with the visitor to promote other products that
appeal to the same target market.
Promote you mini-site using PPCs, ezine ads and any other online marketing
strategies that you usually use.
3. Test and track
The only way of knowing which links, banners, ads, etc. that are working
(and, consequently, which ones aren't) is to test everything.
You can do this by using an ad tracker (also known as a link tracker).
This will add just a few extra minutes to setting up your links and, over
time, it will provide you with an invaluable insight into what kinds of
links and ads get clicked and what ones don't.
If you're not doing this, you'll continue to wonder why you're not earning
the commissions you feel that your efforts deserve.
4. Write recommendations/reviews
Writing product recommendations is one of the most effective ways to
promote any product.
If your subscribers (or visitors) trust you, then they will also trust
your recommendation. Be careful, however, to use this approach sparingly.
If you start promoting everything by way of recommendation, your
credibility risks wearing thin -- especially if your recommendation seems
exaggerated or without merit.
Don't be afraid to mention the things you DON'T like about any given
product. This will make your recommendation more believable AND will
increase your credibility.
Remember, if your visitors are even remotely interested in the product
you're promoting, they'll be delighted to learn what's good about the
product, what's not good AND, above all, how exactly the product will
BENEFIT them.
5. Write your own ads
When one of the 'big name' marketers launches a new product, it seems like
EVERYONE jumps on the promotional bandwagon within days.
The result is usually countless emails arriving with the same subject line
and the exact same write-up inside.
The first time you see it, you accept it for what it is. However, after
the twentieth time, you find yourself unsubscribing from many of the
ezines because, what you first thought was a genuine personal
recommendation turns out to be just another pre-written sales pitch for
affiliates. Again, it's a credibility issue.
When promoting a product, don't use the tools offered in the product's
affiliate site -- chances are your subscribers have already seen it all.
Instead, write up your own ads using your own words.
Again, the best way to go is to test the product yourself and then write
up your recommendation or review.
6. Create promo freebies
We're all familiar with the concept of offering freebies to promote our
own products, but very few people do it to promote affiliate products.
Some affiliate programs will offer you freebies that you can use to
promote the program but, like the ads, if possible it's best to create
your own.
7. Test the product AND support
Never run the risk of promoting junk. It takes a long time to build
credibility and trust -- but it takes just one bad mistake to destroy it.
ONLY promote products that you have 100% confidence in. Also, it's a good
idea to test the product support before you begin promoting to ensure that
the people you refer won't be left high and dry as soon as there's a
problem.
8. Offer bribes
This is possibly the most effective strategy of all. This belongs to the
'make them an offer they can't refuse' school of thought.
In a nutshell, you tell your visitors/subscribers that if they order via
your affiliate link, you'll give them [WHATEVER PRODUCT] for free.
It's important that the product you're offering as a bribe is laser
targeted to appeal to those same people that will want the affiliate
product you're promoting.
It's also important that the product you're offering is not freely
available elsewhere -- your bribe must represent genuine VALUE to the
would-be customer.
If you don't have a product of your own that you can offer, then here's an
approach you might consider using:
Let's say you're promoting [PRODUCT A] that costs $97 and pays out 50%
affiliate commissions. That means that each customer you refer would earn
you about $45 - $50 (depending on credit-card processing fees, and so on).
Now, let's say there's another product, [PRODUCT B], on the market that
sells for $47 and appeals to exactly the same target market. And lets say
that this product also has an affiliate program that pays out 50%
commissions.
Now, you write to your list telling them that you'll give them [PRODUCT B]
absolutely free if they order [PRODUCT A] through your affiliate link.
So how do you do this?
Firstly, you tell your list that, once they've ordered [PRODUCT A] through
your affiliate link, they should forward the receipt for their order to
you.
Then, you order [PRODUCT B] through YOUR OWN affiliate link and give it to
the customer. That way, you'll earn about $45 commission on [PRODUCT A]
which you re-invest in [PRODUCT B]. Then, you earn your commission of
$20-$25 on [PRODUCT B].
Obviously, you need to have enough cash in your bank account to cover the
costs of buying [PRODUCT B] until your commissions come in. Apart from
that, this is a hugely effective way to motivate your list to click on
your affiliate links.
One final point, be sure to contact the seller of [PRODUCT B] before doing
this to ensure that he/she is okay with the idea and, while you're at it,
you might even try to negotiate a special discount to help further
increase your profits.
There are lots of other ways you can 'play around' with the 'bribe'
concept to increase your commissions.
And there you have -- 8 ways to start earning serious affiliate
commissions.
Go back through each of the points again right now and look at which areas
of your affiliate strategy you can improve right away. After all, the
quicker you get started, the quicker your bank balance will begin to feel
the benefits!
ABOUT THE AUTHOR:
Michael Hopkins is owner of BizzyDays Ebook Publications.
Visit now to download original ebooks for FREE at:
http://www.bizzydays.com/
This article first appeared in Michael's newsletter 'Ebook Times'.
To subscribe visit: http://www.bizzydays.com/free_newsletter.htm
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