Posts Tagged ‘affiliate income’

Have You Tried The Amazon Associate Scheme Yet?

iberbiz | November 13, 2009 in Affiliate marketing | Comments (0)

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Everyone is familiar with the Amazon website. No doubt about it, they are one of the most famous online shops on the planet. They might even be one of the most famous retailers full stop. But what do you associate with Amazon? DVDs, Books, CDs, personal gadgets and electronics. I suppose these days the Amazon Kindle reader might be the first thing a lot of people associate with Amazon.

The fact of the matter is that Amazon sell an incredible range of items at their online retail outlet. You can purchase all sorts of things for your home, lightbulbs, hoovers, pots and pans, tools, toys and games. You can download music and video without having to wait for a CD or DVD in the post. You can even do your grocery shopping on Amazon.

Which is all very interesting of course – but what are the implications for you? If you’re interested in making money as an affiliate then the enormous range on offer at the Amazon store offers a tremendous opportunity for you. There’s certain to be something that will interest your potential customers – all you need do is get them to visit the Amazon website using your affiliate link and Amazon will do the hard sell on your behalf.

Amazon, of course, is very efficient when it comes to getting people to buy stuff online. It’s what they do for a living – and they are extremely good at it. Over and above all the extremely efficient sales ploys that they have tested and perfected over years – the free shipping, the suggested complimentary items that would go well with your chosen goods, the e-mails when there’s a special offer – they enjoy a high level of both brand recognition and trust amongst the buying public. Combining the high levels of trust generated by the Amazon brand along with similar brand recognition and trust of the products on offer – Apple, Sony, Microsoft to name but a few – makes it easier for you to achieve a stellar sales conversion rate.

Amazon’s affiliate scheme – they call it the Amazon Associate scheme – is one of the oldest in existence. That’s a sure sign that they’ve got something right and that the scheme is a good one, both for the company and the affiliates who promote it. There’s no joining fee so there’s no financial risk to you. You will require your own website – but that can be just a free blog if you like. Amazon will want to approve your blog or website. This is quite a simple process. In a nutshell, if you don’t have any hate, racist or “adult” content on your site, and as long as you don’t use the word Amazon in your url, Amazon will probably approve your site. In the unlikely event that there’s a problem, you can apply again as many times as you like using an alernative site or blog.

The sign up procedure is free, simple and fast. In just a few minutes time, you could be marketing items form Amazon’s enormous portfolio. So rather han spending all your time promoting e-books that very few people want, you could be selling real stuff to real people and making real money.

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Learn How to Earn Passive Internet Income

iberbiz | October 14, 2009 in Affiliate marketing | Comments (0)

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How to Earn Passive Income From Product Reviews Internet media allows for many forms of advertising – some analogous to their real-world counterparts (think classifieds websites, online newspapers and the like), and others more creative, and possible only on the Internet.

For example, I hang out on blogs and communities (forums) that I know deal with the general market of products that I’m keen on. I know I’m dealing with real people out there, with real experiences and no incentive for sharing a biased/dishonest opinion of a product’s performance. As a consumer, I trust these opinion sources more than I would trust what’s thrown in my face as an advertisement.

I was looking at a particular model of a camera from one of the top brands in the business, and a review on Amazon and a concurring one on a blog described the “catch” with the deal that looked too good to be true. I just moved on in the catalog. I have a bunch of experiences where the advertising was less than attractive, but genuine praise from real customers had me change my mind. What does this mean from a marketeers point of view? Reviews on any platform (public websites, personal blogs, communities/forums) are no longer items that they can ignore.

In fact, this has amazing potential for spreading the good vibe about your product – so if you are doing an ebook on, say, affiliate marketing using PPC, find the top blogs in your niche and offer them your product – and request a review. You may work out a deal for writing the review in exchange for getting the product, or at a fixed price that you pay for the review. If you have a credible veteran hooked on your product, that gives you more ROI than any advertising ever could! What does this mean from a blogger/authority-in-the-community-person point of view? A welcome extra stream of income, of course! I often write honest, critical and detailed reviews for products which I would often like to do anyway, and I get paid for it! Also, throw in an affiliate link and you have recurring income for life!

To learn the nitty-gritty of writing reviews for profit, look at The Elements of Writing Profitable Reviews, I picked up many valuable hints from there. The good thing about the report is that – apart from being really useful – it is up for grabs at NO cost! Download Your Free Copy Now! For additional tips about earning money online visit Affiliate Programs Promotion.

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Affiliate Marketing – What Is It & Why Should I Care?

iberbiz | October 8, 2009 in Affiliate marketing | Comments (0)

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An Affiliate Program?~Definition of Affiliate Marketing~Affiliate Marketing Definition~Affiliate Marketing}

Affiliate marketing involves an association between multiple players:

1) the Merchant (aka the Advertiser, or Partner),

2) the Affiliate (also known as the Publisher), and

3) the Customer – If we think about the Affiliate Program in its entirety, we must include another actor as well.

The Merchant gives the product for sale, and the Affiliate works to sell that product for the merchant and/or send traffic back to the merchant’s site. In return, the Merchant agrees to pay the Affiliate a commission for sales and/or contracted performance measures.

Commission Agreements

Commission plans are usually performance-based (which is a form of risk mitigation by the Merchant) and arrangements are regularly structured as Pay Per Click (PPC), Pay Per Sale (PPS) and Pay Per Lead (PPL) – or some combination.

Affiliate Marketing Groupings

If we evaluate affiliate marketing in terms of levels, we have four different classifications:

  1. single-tier,
  2. two-tier,
  3. multi-tier, and
  4. residual income programs

 

Single-Tier Affiliate Programs

In Affiliate Program}, the Affiliates get the commission, only for sending visitors or sales to the merchant’s url. Pay/performance and pay/click are included in this grouping.

Two-Tier Affiliate Marketing Program

In Two-tier marketing~Two-Tier Marketing}, the Affiliate generates a commission for every action performed by the people he’s referred directly, plus he gets the commission when one of the people he’s personally referred gets the commission.  Thus, there are two levels to his commission plan and the Affiliate earns a commission both actively and passively.

Multi-Tier Affiliate Marketing

Affiliate Program} is very similar to Two-Tier Marketing, but here, the Affiliates get compensated for the revenue generated by their affiliated affiliates in multiple, unlimited, tiers.

Residual Income Marketing

In Residual Income Affiliate Marketing~Marketing}, the Affiliate marketer is rewarded for every sale that is made by any of his referrals. In Residual marketing, Affiliates get paid for every sale that his referral makes at the Merchant’s site.

The only requirement is that on the first time visit, the visitor must come from the Affiliate’s authorized affiliate link. Then, when the same person visits the Merchant website (even without using the affiliate link), the Affiliate will get compensated for every sale made by the individual.

Cookies make this strategy work.

A “cookie” is stored on the first-time visitor’s computer. This cookie stores the affiliate id of the Affiliate. Cookies commonly cease to be valid after 3 months; however, some may remain valid longer.  Every time a visitor comes to the Merchant website, his computer is queried for any previously created cookie. If a cookie is discovered, the Affiliate Id is retrieved and the Affiliate receives credit for any purchase made by the visitor.

Everybody Wins

Once the affiliate marketing relationship is designed well and well-executed, everybody wins:

  1. The Merchant receives greater visibility and market penetration, attracting customers that would normally be beyond the Merchant’s existing market segment.
  2. The Affiliate receives compensation for online sales, without needing to establish a full e-commerce site or needing to manage inventories and fulfill orders.
  3. The Customer obtains products or services that s/he would otherwise not find – at least not easily.

 

Effective affiliate programs are Win-Win-Win situations.

Discover a successful money-making program that works – and performs most of the work for you:  get the FREE MaxPro Report and Audio here.

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