Archive for the 'Affiliate Marketing' Category

How To Read ClickBank Stats

When it comes to promoting Clickbank products as an affiliate, the first thing that you have to look at before deciding whether or not to promote is the products’ statistics.

For each of the products listed in Clickbank’s marketplace, it comes with several statistics about the product, along with a brief description of it, as well as the category in which the product was listed.

The following is an example of a typical listing found in Clickbank’s marketplace:

How To Read ClickBank Stats

What you will discover in the rest of the post are explanations on what each and every statistic that you see for each product in the Clickbank marketplace mean:

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Cost Per Action vs Cost Per Sale – Similarities & Differences

Cost Per Action vs Cost Per Sale - Similarities & DifferencesWhen it comes to both Cost Per Action (in short known as CPA) and Cost Per Sale (sometimes known as CPS), there are a few similarities (as well as differences) between the two of them.

Before I go on to differentiate the similarities and differences between the both of them, let me first give you a brief introduction on what both of them are:

Cost Per Action – In this model, you will be able to receive a certain amount of commission whenever someone completes a desired action (as required by the merchant) – It can range from filling up a short form, signing up as a member of particular sites, receiving free trial for particular products/services, etc.

Cost Per Sale – In this model, you will receive a certain amount of commission whenever someone purchases a product/service you recommend from under your affiliate link.

In the next few sections, I am going to compare these 2 models of monetization, and point out to you the similarities, as well as differences, between the 2 of them…

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What Is Pre-Selling?

What Is Pre-SellingIn this post, I am going to talk about pre-selling from an affiliate marketer’s point of view.

When it comes to promoting one’s product/service as an affiliate, many affiliate marketers do nothing but try to hard-sell the product to their prospects. As an affiliate marketer, selling is not your job, but the product owner’s (in a form of his/her product salesletter). And also, simply by hard-selling, it will not work.

Your job as an affiliate marketer is to pre-sell your prospects. So, what exactly is pre-selling? And what does pre-selling your prospects involve? In this post, I am going to share with you everything you need to know about pre-selling products/services to your customers as an affiliate marketer.

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3 Market Research Strategies To Determine Market Profitability

3 Market Research Strategies To Determine Market Profitability
Market research is extremely important. Before you start creating a website, or finding products and services to promote in that particular market, you need to first find out whether or not there are people interested in the market that you are intending to go into, and more importantly, whether there are ready-buyers.

The reason is because after you have decided on the market that you wish to create an online presence in, you will need to spend the next couple of weeks (or even months) working on your website, driving traffic to it, building, as well as maintaining a two-way communication with your list subscribers, etc.

What I am going to share with you in the next few sections are 3 market research strategies you can conduct online that you can use to determine whether or not the market that you are going to venture into is a profitable one.

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Top 4 Affiliate Marketing Success Strategies

Top Affiliate Marketing Strategies To Generate A Wealth Of Income Online
I think I have said this countless of times before – When it comes to the easiest way to make money on the Internet, nothing beats affiliate marketing. The reason is because you do not need your own website, neither do you need your own products and/or services, nor do you need to spend a single dime to start making your first dollar (and beyond) on the Internet.

I am sure when you look around, there are lots of Internet Marketing guides around that you can invest in (the reason why I say invest instead is because education is always an investment – As the knowledge that you have gained from these guides will help you generate income. Thus they should always be considered as an investment) and start applying to generate money online. Alternatively, you can also check out a post that I have previously written on “How To Get Started In Affiliate Marketing” as well as “Simplest Way To Make Money Online” to get started.

What I am going to talk about and share with you today are the top 3 affiliate marketing strategies that you must equip yourself with in order to generate massive amounts of cash from nothing but promoting other peoples’ products and/or services as an affiliate…

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Simplest Way To Make Money Online

Simplest Way To Make Money OnlineOK. Here you have it – What I’m going to share with you today is an absolutely simple way for you to start making your first dollar online.

And this method that I’m going to share with you does not require you to have any marketing knowledge, any products or services of your own, and a website. In fact, your only investment in this method that I’m going to share with you is on a domain name (and it costs less than US$10 every year).

What this method involves is you promoting someone elses’ product/service as an affiliate – And whenever someone purchases that product/service that you are promoting via your unique affiliate link, you’ll get paid a certain amount of commissions (the amount of commissions you’ll receive varies based on what the respective merchants are willing to give out).

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How To Cloak Affiliate Links

3 Ways To Cloak Your Affiliate LinksThe process of “cloaking” affiliate link is where your long affiliate link is being shortened, and this is done for 2 purposes:
 
 
Ease Of Remembering

Instead of having long affiliate links such as
http://www.merchantdomainname.com/productname.html&prodid=12345&affid=afflink, you can cloak it to something like http://shortlink.com/mylink.

As a customer, which link will you be able to remember better? Also, which link will you feel more comfortable in clicking on? Obviously, it’s the cloaked link, right?
 
 
Prevent Commission Hijacking

Commission hijacking is where another affiliate illegally replaces your affiliate ID with theirs before they purchase something that you recommend so as to “steal” the affiliate commissions you deserve.

There are essentially 3 ways you can go about cloaking your affiliate link, and I’m going to share with you what these 3 ways are in the next section.

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Digital vs Physical Products – Which Is Better For Affiliates?

When it comes to promoting products and services as an affiliate, there are basically 2 types of products and services – Digital as well as physical products. So, what is classified as a digital product, and what is classified as a physical product?

Digital products are ebooks, audio or video content which customers will be able to download immediately and access the products upon payment (instant gratification). Physical products are products that has to be shipped to the customer after he/she has placed the order and made payments for it. These are products such as televisions, books, computers, music CDs, DVDs, pills, etc.

So here’s the question – Between digital as well as physical products, which one is more profitable for affiliate marketers? What I’m going to do in this post is to compare with you the differences between digital and physical products in terms of marketing it as an affiliate.

From there, you can make a better decision as to which types of products you want to promote as an affiliate.

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Affiliate Marketing Mistakes

Affiliate Marketing is, I must say, one of the easiest way for anyone to generate money on the Internet – Due to the fact that you do not need to have any computer or business knowledge, you do not need to purchase any domain name or website, and best of all, you do not need to have your own products and/or services to start making your first dollar on the Internet.

The opportunities that is available to you as an affiliate marketer is enormous, and there are no limits as to how much you can earn every single month on the Internet as an affiliate marketer. Having said that, there are still lots of people who fail to make a single cent from it, and give it up totally.

Why is it that there are people who go on and generate 4, 5 or even 6-figure income online, while there are some who fail to make a single cent online?

I must say there are 5 reasons for this, and in this post, I’m going to share with you top 5 affiliate marketing mistakes made by newbie affiliate marketers…

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Affiliate Marketing vs Network Marketing

Affiliate Marketing vs Network MarketingAffiliate Marketing vs Network Marketing – Are they the same? Or do they have any differences? Many people tends to get confused between the two, or think that they are of the same thing.

To start off, let me first give you the definition between the two (extracted from Wikipedia):

Affiliate Marketing
Affiliate marketing is a marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s marketing efforts. Examples include rewards sites, where users are rewarded with cash or gifts, for the completion of an offer, and the referral of others to the site.
 
 
Network Marketing
Multi-level marketing (MLM), (also called network marketing, direct selling, referral marketing, and pyramid selling) is a term that describes a marketing structure used by some companies as part of their overall marketing strategy. The structure is designed to create a marketing and sales force by compensating promoters of the company’s products not only for sales they personally generate, but also for the sales of other promoters they introduce to the company, creating a downline of distributors and a hierarchy of multiple levels of compensation in the form of a pyramid.

What I’m going to share with you in this post are the similarities, as well as differences, between affiliate marketing and network marketing:

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