An affiliate business is one of the less complicated online business models you can venture into. It requires very little to actually get started and risks involved are minimal.
It’s no quick overnight riches, mind you. You still have to put up a lot of work, time and commitment. But whether you’re a working mom interested in working from home or a stay-at-home parent willing to earn that extra income, becoming an affiliate marketer can be the perfect option for you.
Your task as an affiliate is to attract visitors and direct them to the site of the company you sign up with. You are the middleman in charge of promoting products and/or services and in turn they pay you commission for doing so.
Two of the main ways of earning affiliate income include :-
It is critical that when you decide to participate in a company’s affiliate program, you read all of their terms and conditions as they all vary. Some have bigger differences than others.
You also need to know of any restrictions that the company may have. Some companies only allow you to list their ads so many times on a page or only on certain pages. Other companies may prevent you from actually making mention of their ads. It is very important to know what these guidelines are because if you violate them (even accidentally) they may terminate their contract with you as an affiliate.
Some affiliate programs offer 2-tiers of income levels. It is important to know this information as well so that you can market accordingly. Basically, when a business offers a “Tier 2” to their affiliates means that the affiliate earns commission from all affiliates introduced to the program by him/her.
One of the biggest pluses to the affiliate business is that there is absolutely no inventory, no invoicing, no packaging, no shipping and no customer complaints involved.
Other benefits include :-
You definitely need to build a blog or a website as this is the place (in my mind I picture it as a sort of a Head Office) where all the information you supply such as articles, videos, newsletters and links are 'gathered'.
Before that, though, you start off by doing the following :-
These do not cost anything to join. Remember, this is advertisement for the company – you should not be paying THEM to advertise for THEM. Be very cautious of those who charge.
There are several websites that list affiliate programs that are available. By doing a Google search for affiliate programs that are related to your niche, you should be able to find several that will fit your needs.
When you determine which program(s) you’re going to join, all you need to do is go to the respective site, click on ‘Affiliate Program’ or ‘Become an Affiliate’ in the Menu Bar and follow the instructions. Sometimes this information will be listed at the very bottom of the website as well. Otherwise, you can simply send an e-mail to the particular company asking to become their affiliate.
As you find an affiliate program you want to sign up with, you’ll need to follow their protocol for joining. These vary from company to company. Some are stricter than others. If your application process happens to be denied – do not be discouraged. There are dozens of additional affiliate business program opportunities out there.
Most companies will offer some bells and whistles to attract affiliates. After all, affiliates generate business for them.
Instead, go for companies that offer support, tools and resources to their affiliates. These will guide you and offer strategies, tips and techniques on how, when and to whom you can potentially market their products. Some also have forums where members communicate with one other – sort of help and be helped.
Once you are in the online business environment, you are going to hear the term “Search Engine Optimization” or “SEO” frequently. This means that you try to optimize the content of the web pages you create, so that Search Engines (SEs) like Google, Yahoo! and Bing will find them.
There are various techniques you may follow. You can start with a combination of :-
Your aim is to attract free traffic, also called organic traffic, to your content by ranking high in search engines.
This may sound complicated at first but you’ll realize that over time, as you create more and more content, it becomes second nature.
Another popular concept you will want to learn more about is social networking and how it can help you promote your business.
Popular social media networks include sites like Facebook, Google+, MySpace and Twitter. (Twitter is a micro-blogging site meaning that its users post short content – in this case up to a maximum of 140 characters).
Learn how to promote your business in a tactful way that won’t offend people and actually turn them away from your business.
SEO and social networking are both very powerful tools that can be used to your advantage in your business if “worked” in the right way.
This website offers a lot of information on how to build your affiliate business from start to finish. It also provides an affiliate directory, as well as a variety of tools to help you market your business.
P.S. I have no affiliation whatsoever with any of the
suggested websites mentioned in this article. They’re mentioned on the
basis of research and recommendations from peers operating in the same
field as mine.