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Affiliate Marketing – My Best Decision
by Elizabeth McGee
When I decided to quit my job and start an internet business, I was
clueless. I researched and found several viable opportunities however the
more I read, the more I realized how difficult this was going to be. I did
not have a product and was in no position to create one. I had it in my
head I wanted to sell something so I started out in the drop shipping
business.
I researched wholesalers that were willing to drop ship and found a few. I
built a simple yahoo! site, created a merchant account, got my resellers
license and voila, I was in business. Did I get a sale? Nope, because I
did not know how the internet worked with regards to website marketing. No
one could find my site and I was a marketing failure.
Because my site didn’t sell anything, I gave up and continued on the
research path. I slowly learned about how to market my site but wasn’t
sure I wanted to stick with drop shipping. My site costs combined with
credit card merchant costs and plain old competition didn’t really leave
me with much profit. I realized I still had much to learn.
I went back to the research drawing board and joined a few forums to learn
what else I might be able to do. At that time I learned about affiliate
programs. I met people I trusted and admired who promoted affiliate
programs. I asked a lot of questions and began my research. Affiliate
marketing appealed to me. I didn’t need a merchant account, I didn’t need
inventory, I didn’t need my own product and I could even get away without
a website. Wow, how good is that? So off I went.
As I began to research I found the best selling products were
informational products and the best commissions were internet marketing
products. Because I was familiar with setting up a website previously I
decided to set up another site to list of all my affiliate sales products.
I fell into the trap that most new web business owners fall into. Setting
up a ‘How to Market on the internet site’. I liked it because I was
familiar with it and I had purchased some of the products through my
research. So why not? Well, simply put there is too much competition in
that category. I still have my site today but my sales are minimal. I
offer only products that I trust and many of them I use but it’s not a
business path I’d recommend to someone starting out, particularly because
many beginners tend to gravitate there. There are lots of other things
that have good marketing potential. Affiliate marketing can be
successfully applied to almost any product on the net.
If researched carefully and applied correctly, affiliate sales can be a
very profitable internet business. The object is to find something you can
sell and promote for merchants that will offer you a commission to sell
it. You don’t have to carry inventory, collect money, worry about delivery
or even have a website (although a website is a good idea), but you’re
going to have to think about what products best suit you with regard to
sales. I feel it’s best to sell things that you like. Things you’re
interested in or have a fetish about. For instance, let’s say you love
crystal. If you love it then you probably know something about it, but
more importantly you will enjoy researching it and offering it to someone
else.
Next, research web businesses that sell crystal and offer affiliate
programs. I recommend using Commission Junction or Linkshare. Keep in mind
that the sites you select can sell other things, however you’re focusing
on just crystal. Find several sites and apply to them all. Most affiliate
programs are free. A note to the wise, be sure to read the affiliate
agreements and understand their rules. They are not all the same.
Once you’ve signed up for the programs of your choice, pay per click (PPC)
search engines are the best and easiest way to sell your affiliate
products. You can promote each product individually or you can promote
them all by building a website and promoting your website. Again, be sure
to read the agreements as some affiliate programs restrict affiliates
offering their competition on the same website. This isn’t true for all of
them but you want to stay aware.
To get started you’ll need to set up accounts with PPC search engines such
as Google, Overture and Findwhat. Research how they work and set up some
simple ad campaigns to start. You will also need to research keywords and
what words cost the least and are the most effective. This is a topic for
another article, however time spent and proper research tools such as
Overture’s view bids and search term suggestion tools will help keep your
costs low and your profits high. By the way, use each of the keyword tools
provided by each PPC search engine; this will help guide you as to what
keywords to use. Keywords entered by users can differ from search engine
to search engine.
If you choose to build a website, keep your sight on topic. Getting back
to our crystal example, keep your site focused on crystal or glassware,
don’t throw in pictures or garden chairs. The worst mistake you can make
is being everything to everyone. I know; I’ve made that mistake.
Offer information such as types of types of crystal, how it’s made,
textures, weight, where it’s made, history of crystal, etc. Concentrate on
offering information. If you give people valuable information on something
they’re more likely to buy it.
Of course crystal is just an example; you can apply the same principles to
sofas, bicycles, computers, toys or whatever you might take pleasure in.
Give it some quality thought, research carefully and take your time. If
it’s something you enjoy, you’ll enjoy your business.
About the Author: Elizabeth McGee is the owner of
Pro-Marketing-Online, the Expert Marketing Tools site. If you wish to
learn more about how to market online from the experts and find expert,
trusted tools for promoting your site then please visit
Pro-Marketing-Online or subscribe to her newsletter found at
http://www.pro-marketing-online.com/ or email Elizabeth at
webmaster@pro-marketing-online.com
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