3 Simple Steps To Start Making Your First Dollar In Affiliate Marketing
Saturday, September 27th, 2008 |There are a few things that every affiliate marketer or aspiring affiliate will need to start making his or her first dollar in affiliate marketing.
From my conversations with a lot of my subscribers, it appears that most affiliates feel too overwhelmed by the information overload. They get swarmed by all the experienced internet marketers’ emails throwing them into all directions.
Frankly, there is nothing wrong with the offers and methods taught by the internet marketers. The only problem is for a newbie, that is too much to digest.
Right here, I offer a few simple steps to start making your first dollar in affiliate marketing. If you own a list or membership site that has many newbie affiliates, perhaps you might want them to read this post.
The idea is to stay focused on a single plan and take mass action!
1. Choose Your Product
One affiliate program for a start!
While this sounds basic, the truth is, many get sucked into different affiliate programs and end up distracted!
Start with ClickBank if you are new. All you need to do is register. Approval is instant and you go for to the Marketplace to choose a good product to promote.
People will tell you to go for low competition products, ie products that few affiliates are promoting or not selling in large volumes. That’s not quite true. For me, I find from my experience in niche marketing that the hot sellers sell much better.
The reasons are simple: The hot sellers are proven to sell, ie high conversion rates. Secondly, the market is much larger!
Take a look at the Gravity. This is a single parameter that tells you how many affiliates have made at least 1 sale over the past 30 days. Not the exact number though but a good estimate. Go for at least 30 to 50.
2. Create Your Sales Funnel
By that, this is the conduit of getting visitors to your sales page. Some will advocate direct linking, in other words, sending your visitors immediately to your sales page.
This works at times. But I have only seen successful models if you use targeted paid advertising. For example, buying banners ads, text link ads, etc at Ad Networks. Unless you are an experienced marketer or have deep pockets to test different advertising avenues, this option can be very expensive! Not quite suitable for newbies.
However, it is often much better if you put your prospect through a sales funnel for the purpose of educating and preselling your prospect. Conversions are much higher!
What kind of sales funnels can you create?
a. A content website that talks about the particular market you are in.
b. A blog using free blogging platforms like Blogger and WordPress is great!
c. A name squeeze page that allows you to capture the name and email address of your visitor. This allows you to follow up with him or her for at least 7 times to condition him to buy from you. Offer great content or a free report as a bait!
d. A forum signature can become your direct sales funnel. Create a catchy forum signature like this “Copy The Secrets A Newbie Used To Get A $3212 PayCheck Every Month!”. The simple way to do it is to use the headline of the product you are selling and modify it.
A case study here. If I am promoting Google Manipulator, I may actually create a signature from its headline.
Headline:
“Underground Marketer Banks $57,100 In Profit From Free Google Search Traffic And How You Too Could Easily And Effortlessly Blow Past Anyone And Everyone In Your Niche And Hit The Jackpot Using The Exact Same Simple As 1-2-3 Methods”
Signature:
“Learn How I Bank $57,100 In Profits From Free Traffic Using A Simple A-B-C Blueprint!”
3. Traffic Driving
The third part is in driving traffic to your sales funnel. This is the most challenging for most internet marketers. If you do have a budget, you can resort to PPC, ideally Google Adwords.
But if you are on a tight budget, free traffic driving techniques can also deliver a punch.
Some of the most effective and simple traffic driving methods here:
a. Article marketing – I swear by its effectiveness. After all, this is the single traffic technique that gets me well over 1000,000 visitors over a year period. Hint: Use EzineArticles.
Read my other blog posts on article marketing tips and techniques to maximize your efforts.
b. Forum marketing – Spend time contributing to at least 10 forums in your target niche. This will get you a good reputation and trust. The selling point is in your forum signature. People do make their first sales there.
c. Classified advertisements – Go to the free classified advertisement websites like Craigslist, EPage, BackPage and USFreeads. These places allow you to post a classified ad. Look for the appropriate places to post your ad.
d. Create a free report and give it away – This method is a more advanced one which I hesitated to share. Nonetheless, if you feel you are experienced to do it, go ahead and create a report with your affiliate links embedded in the report.
Give it to anyone you meet, post it to free ebook directories, or participate in a giveaway.
e. Social bookmarking at top sites like StumbleUpon, Del.icio.us and Digg.
f. List building – this is a lengthy process but you will be able to build a long-term business in the niche you are targeting. All gurus built their successes from their own lists or piggybacking others’ lists.
There are other more advanced techniques, but I shall stop here. By following these methods and duplicating it all over and over again, you will find yourself not only making the first sale, but many sales. You just got yourself a proven business model!
