If you are already an affiliate marketer, you have the ability to double, triple or even quadruple your income.
One of the easiest ways of starting an online business and earning more profits is the development of an affiliate business.
Here are some powerful ways to increase your affiliate program’s commissions and profits.
Get higher commissions from your merchants. If you are a successful marketer with a sizable list, you can approach your merchants and negotiate a percentage increase on the commissions. Of course, to make that happen, you must already be successful.
If you are working in a particular niche, you can bundle your affiliate products by offering a range of products in a free e-book about your niche. Create the e-book and include the links to your affiliate products in the book. This is now your viral product that everyone can have for free.
Once your business is growing and you have your list, offer a new product each month that takes care of the subscriber’s problems.
Be careful and deliberate in the selection of your selection of your affiliate programs. Create a return on investment spreadsheet on each program you accept in your portfolio. There are quite a few affiliate programs online so you can afford to be discerning in your choice. Select the best for your bottom line and your subscribers.
Pay close attention to your process. Tweak your system to make it more profitable. Set up a schedule to audit your system once a month. Remember that you’re running a legitimate business and for heaven sakes, keep accurate records.
Never under any circumstances send your prospects directly to your affiliate link. Always set up a squeeze page to get the names and email address of your prospects before sending them off to the affiliate link.
If you can, set up a sequence that offers a free book to bring the prospect, get their address and name. Use the auto-responder to communicate with the prospect and send them to a product page.
Give your email list a reason to stick around. Offer them a lot of free material to keep them engaged. Work hard to find out what they want and make sure that they get it. Stay up on the issues in your niche.
Publish an online newsletter or Ezine. It is always best to recommend a product to someone you know than to sell to a stranger. This is the purpose behind publishing your own newsletter. This also allows you to develop a relationship based on trust with your subscribers.
This strategy is a delicate balance between providing useful information with a sales pitch. If you continue to write informative editorials you will be able to build a sense of reciprocity in your readers that may lead them to support you by buying your products.
If you use Pay Per Click advertising, monitor the placement, the price and the search results regularly. PPC search engine is the most effective means of advertising online but it can get expensive. You can lose money while making money if you don’t watch your numbers carefully. Then you should try and monitor them to see which ads are more effective and which ones to get rid of. You can lose big if you have several niche markets running at the same time.
Give these tips a try and put them through their paces. You’ll be glad you did.