If you already have your affiliate products and you’re working at achieving more sales, an increase in commissions is the primary goal of everyone. With the growing number of products in the online market, it’s necessary to follow some simple yet crucial steps. So what are they?
One of the simplest ways of starting an online business and making quick profits is through affiliate marketing. With no website to build, no product development, no refunds or customer service to take care of, this is by far the most efficient way to grow your online business.
If you already have your affiliate products and you’re working at making more sales, an increase in commissions is the primary goal of everyone. With more and more products hitting the online market, it’s essential to follow some simple yet crucial steps. So what are they?
If you want your affiliate commissions to take off, literally overnight, these are the steps you need to consider seriously;
1. Do your research and compare the programs you’re thinking about promoting. It’s pretty clear that you only want to promote a product that will grant you the maximum paycheck in the shortest time.
Check the commission structure and make sure it pays well. Also, try to find products that match your target audience and are already paying well to other affiliates. You shortly know when a program isn’t meeting up to its promises – that’s the time to rethink its worth and move on to the next.
As you’re probably going to be one of many affiliates promoting the same product, especially if it’s a good one, build your USP – or ‘Unique Selling Position.’ Set yourself up as offering that little something extra that makes you stand out from the crowd.
Write a short article to give away as an incentive to potential customers. This gives you both greater credibility and extra drawing power.
Provide information that’s not only free but valuable. When you do this, if what you give away for free is good, people naturally expect a greater deal from the bought product. Make recommendations about the product within the report wherever you can, and try to give just enough information to make people need the actual product.
2. When giving away free reports or ebooks, collect at least, the name and email addresses of all those who download your free gift. It’s now widely known that very few people buy something on their first introduction to a product.
This is where an autoresponder is invaluable as you can create a whole series of follow-up emails to send to these prospects to attract them into ordering your product. Anywhere between 6 – 10 messages are needed to eventually clinch the sale, so automate this process to be able to see some results.
Once you have these prospects details, they are yours unless the person unsubscribes. This means that you can send them informative emails in the months ahead about other products you’re promoting, long after they’ve bought the first product.
If you build an ezine, you are in a perfect position to send more valuable, and free, information to your followers who now value you as a source of knowledge and useful recommendations. You establish a relationship with your subscribers, and they may stay with you for years to come. They begin to trust you and your recommendations and finally, are likely to buy from you again.
3. Never underestimate the power of negotiation. Be prepared to haggle with a seller whose products you wish to promote. Remember that all merchants need affiliates to market and sell their products and will be more inclined to change their payment strategy than potentially lose business if they see you as a good source of profit.
Be bold, and you could find yourself receiving a greater slice of the pie for all your advertising efforts. Don’t be greedy but be fair and you will be respected for it.
4. Use efficient advertising techniques. ‘Pay Per Click’ will give you the quickest results if you do your research correctly. Usually, Google’s Adwords and Overture are the places to start, being leaders in the online PPC field. But, look around and examine the smaller players who offer cheaper rates to a smaller audience. For example; ExcelSeek, JumpFind, LookQuick.
Ezine Top Sponsor and Solo ads can also provide you a large and fast return on your advertising with your ad being received by a responsive audience of your chosen market.
And as with any advertising campaigns – track and analyze your results. If you don’t know who’s clicking what, you’ll never know which ads are doing well.
Use these proven techniques, and you’ll soon see an immediate growth in your affiliate sales. Build on your successes and expansion and growth will follow.