Affiliate Marketing Techniques Used By The Pros
So what is affiliate marketing? In a nutshell, it is the process of selling other peoples products and services online. When you make a sale, the product owner pays you a commission.
It sounds pretty straightforward. But how do you find the products, where are the customers and how do you motivate them to buy? Here are 6 top affiliate marketing techniques used by successful online entrepreneurs.
6 Affiliate Marketing Techniques That Separate The Haves From The Have Nots
1. Niche Market Identification And Diversification
The top affiliate marketing niches are:
- Wealth (eg, internet marketing, making money online, betting, foreign exchange, etc)
- Health (eg, fitness, weight loss, nutrition, beauty, pregnancy, etc);
- Relationships (eg, dating, divorce, making up, sex issues, parenting, etc) and;
- Spiritual (personal development, astrology, hypnosis, numerology, etc).
But there’s a world of different affiliate marketing ideas and niches out there. Do some research and you may just be surprised at how well you can do in other industries and niches. By applying the skills and affiliate marketing techniques you have learned other markets, diversifying into new totally independent niches will also bring a certain comforting wall of security.
2. Focus On Building Your List
Whichever niches you work in, your priority ought to be list building. List building is one of the crucial affiliate marketing techniques to master. It allows you to build a relationship with your list and recommend targeted products and services as and when you find them. One of the key reasons of affiliate failure, and a reason why some affiliate marketers just don’t make it past year one, is that they don’t get this crucial list building element.
3. Recurring Income
Recurring income the affiliate marketers best friend. It’s one of the affiliate marketing techniques that, when you get it right, can really help your bottom and seal your success. Do the work once, get paid forever. But lots of affiliate marketers do not seem to target these recurring income products and services as much as they should. When doing your research, actively seek out programs that pay a monthly commission. Although the initial sale commission may be low, as they accumulate, you may just find that you get a nice monthly payday while you set about working on promoting new programs.
4. Stop Being Lazy
As affiliate marketers, very often the reason for poor (or no) earnings can be chalked down to one rather ugly word. Laziness. You need to be continually searching for new products, and promoting them. You need to get a lot affiliate marketing techniques and skills under your belt. These include, but are not limited to, simple website design, list building, eBook and information product development and having a good working relationship with the owners of your best programs.
5. High Ticket Items
The most profitable of all affiliate marketing strategies is the sale of high ticket items. This is where you can earn in excess of $1000 commission per sale. People buy high priced items because they provide an exceptional difference and value as compared to a lower priced product. To sell high ticket items you have to be passionate about your products and services and have a built a solid relationship with your customer. They need to trust that you only offer items that deliver the highest possible value. One of the most effective affiliate marketing techniques to use when promoting big ticket items is to offer your own unique bonuses. It can really give you the edge in getting the sale over your competition on the big, heavily promoted product launches.
6. A Marketing Funnel
A marketing funnel is the process that your customer will go through from the moment they join your list to when they actually buy from you. You have to get the prospect on your list. Then you need to provide value to them so that they can see the benefit of your products and services. You have to be able to offer a sufficient choice of products and services. If you just sell just one product with no add-ons or up-sells your customers will not have sufficient options to pick from. But if you try and sell too many products you may confuse your customers and they’ll buy nothing. The affiliate marketing techniques used in your marketing funnel will carefully take them through a step by step process. This will enable them to make an informed decision on what and when to buy.
Want More Top Affiliate Marketing Techniques?
Online affiliate marketing is the easiest way of starting your own business on the internet. You don’t have to worry about creating products, payment systems, organizing delivery, customer support or any of that stuff. All you have to do is send traffic to an offer and then you get paid a commission every time someone buys through your affiliate link. It’s a great way of earning from other peoples products and services, without any of the risk or heavy lifting. Check out this Free Affiliate Tips Blueprint for more affiliate marketing techniques to help you earn top commissions like the pros.