Affiliate Marketing is a way for a company to sell its products by signing up individuals or companies, also known as “Affiliates” who market the company’s products for an agreed upon commission .
Are you thinking about becoming an affiliate? Then make sure you execute the following steps:
Choose A Niche
What is a niche? A niche relates to products, services, or interests that appeal to a small, specialized section of the population.
Find out what your niche (i.e. weight loss, fashion, digital products, etc.) might be, what you’re passionate about, and especially if there’s money to be made in your niche. Money to be made within a niche certainly overrides passionate feelings about a niche…keep that in mind when making your selection.
Research Affiliate Programs
This is where you determine what commissions you would like to be paid. This is also where you determine what products you would like to promote. And this is where you decide whether or not you will agree to accept the terms and conditions of the affiliate program that you’ve selected.
Make sure you don’t rush into selecting an affiliate program. Take the time to read completely through all of the terms and conditions of the program. It’s more important to make a well informed decision that will benefit you in the long. Remember you’re in control of how much you will earn based on the affiliate program you select.
Make sure you select a profitable affiliate program that will pay out at least a minimal commission of 50%. Make sure the product is in demand, which you will know by it’s “gravity”. The higher the “gravity” the greater the demand.
Let me show you what Clickbank means by gravity:
“Grav: Short for GRAVITY™ performance statistic, this number represents a unique calculation by ClickBank that takes into account the number of different affiliates who earned a commission by promoting this product over the past 12 weeks. Since more recent transactions are given a higher value, this number can give you an idea of what products are “hot” at the moment, in terms of being promoted by many affiliates and making a good number of sales. However, high gravity can also indicate that there will be a lot of competition in promoting this product.”
So keep that point in mind if you decide to promote a product from Clickbank.
Set Up Your Website
This is where you take your research, selected product, etc. and put it in a website. Now it’s time to promote your product.
The first step in setting up your website is to purchase a domain. Just like you have an address to your home, a domain is the address to your website. Here you would need to be selective in your domain name, which should be centered around you niche.
Check with various domain providers to make sure the domain name that you’ve selected is available and ready for purchase. That means you will need to have a 1st, 2nd, or maybe a 3rd domain name in mind just in case your 1st selection is not available.
The domain providers that I highly recommend are affordable, reliable, and have excellent customer service:
Set Up A Hosting Account
Hosting is where your new domain or web address will be housed and managed.
Web hosting is a service that you to post a website or webpage onto the Internet. A web host, or web hosting service provider, is a business that provides the technologies and services needed for the website or webpage to be viewed in the Internet.
So when someone types in your website address in their browser, their computer will connect to your server (web host or web hosting service provider) and your website or webpages will be delivered to them through the browser.
Not all hosting providers are created equal, so make sure you do your homework in selecting the right hosting service that fits your needs and your budget.
Here are a few web hosting providers that I highly recommend. They also double as domain providers as well. They are affordable and reliable….and they are all running some fabulous specials really cheap!
Now that you have your domain name, your domain is now hosted, it time to set up a content management system for your site. This is important because this is where you will create the content for your site once you have everything in place.
One really good content management system for your site is WordPress.org. I love WordPress. In fact, my site is a WordPress.org site. I love the versatility and how easy it is to use.
So install WordPress from WordPress.org not WordPress.com. Select a theme which is also a style, or customize one yourself. Now you’re ready to start creating your content.
Select An Autoresponder
What is an autoresponder?
An autoresponder is a service which allows you to automatically send out emails to a group, or to several different groups, of people. In my opinion, it’s essential to have an autoresponder in place when you’re in an online business. An autoresponder keeps you in contact with your customers. For instance, you set up an opt-in page or landing page to invite subscribers to sign up to receive your emails, newsletters, and offers. Once the emails are written, all you have to do is let the autoresponder do the work for you. As an affiliate, it is imperative for you to have an autoresponder. Without one, you can miss out on huge opportunities to connect with your audience and opportunity to make a sale.
There are several autoresponders out there, but not all of them will deliver the same results. I highly recommend the following two autoresponders because of functionality and price point. Research it and make your best decision for your business.
I trust this information will get you started….yes, there’s more information to share with you, but let’s not get to overwhelmed. Marketing is HUGE! Let’s take one bite at a time.
To your success…