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Saturday, May 15, 2010

10 Basic Steps to Start Making Money with Affiliate Marketing

Presently, it is a highly common thing to make money online as an affiliate marketer, because virtually anybody can earn money as an affiliate internet marketer. In the followings, we will go through 10 simple but vital aspects to consider when you are earning money with affiliate marketing.

1. Choose a Niche
This step is among one of the most significant steps that you have to take, to go for a niche suitable for your interest and predilection. Instead of joining numerous affiliate programs promoting hundreds of different products, you should join two or three affiliate programs advertising similar products in the same niche.

2. Choose Affiliate Programs
First thing you have to do is to sign up for a couple of affiliate programs before you can start working. A thorough investigation is required before completing the sign up process. You will definitely have to explore and evaluate the affiliate programs, ensuring that the particular affiliate programs are offering products in accordance with your niche. Furthermore, it is recommended to join well-known affiliate programs with positive reputation, like More Niche or Commission Junction.

3. Build an Affiliate Site
All affiliate marketing experts will tell you the same thing: build your very own affiliate website! It is vital to have one, a theme affiliate website. The affiliate website’s theme must be closely related to your niche and to the selected products. For best results, it is essential for you to publish top quality and original contents on your affiliate website!

4. Identify the Budget
The very next important step is to promote your website. Being a beginner in affiliate marketing, you might not have much money to promote your website. If you are on a low budget and can’t yet afford paid advertisement, you have to turn to a couple of free traffic generating marketing methods.

5. Drive Traffic to Your Affiliate Website
Let’s face it: in lack of top quality traffic driven to your website, it is impossible to earn a considerable amount of money. Where and how you get the needed quality traffic? Well, that is mostly up to your budget. You can drive traffic to your website for free using a couple of free marketing methods, like: article marketing, PR submission or social book marking. Another free long term marketing method is SEO – search engine optimization – work. The main disadvantage - on short term - of SEO is that it requires time to produce its effects, meaning to generate traffic to your site.

6. Build a Product Review Blog
It is also a good idea to build a product review blog, reviewing all the products that you are advertising, placing in the same time all your affiliate links, as well as the link to your affiliate website we mentioned earlier. Don’t forget that the product reviewing is just another great free method to drive quality traffic and thus targeted visitors to your site, increasing your sales.

7. Build Your Email List
Make your own email list with your affiliate website. Remember, most of the time, visitors will not give you their email addresses voluntarily; you should offer them something for free in exchange. It is a good idea to offer them free e-books and reports about various popular topics. They just have to subscribe to download them for free. It is essential to have an email list, it is a valuable resource for you to earn money.

8. Interact With the Potential Customers
Take the time and have a close connection to your prospective clients. In affiliate marketing, the proper management of client relationship is crucial, even if you are not personally selling the products to them. You are always required to have enough time to reply to your prospects emails. That is how you build up trust; once they trust you, it is more likely to make a purchase from your site or affiliate links.

9. Build a Network of down line Marketers
Don’t miss out the chance to sign up with a few multi-tier affiliate programs. They will allow you earn much more money than just by yourself. To earn additional money, it is essential to keep in touch with your referrals on a regular basis, keeping them up to date with everything.

10. Work Hard Constantly
Almost certainly, it is the most significant step from all of the above. Just like in any other job, or real life, in order to make money, you have to work for it. A constant and regular effort is required! There is only one way to earn money with affiliate marketing: working hard!

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