Saturday 26 March 2011
Why Affiliate Programs ?
by: Frank Breinling
Affiliate programs can be a very good way to add revenue streams to your website. You can earn more money from your website or websites as a publisher (you publishing the ads of affiliates on your site) or as an advertiser (your ads being placed on other people's websites), or both.
It is important to choose the affiliate network or networks you join carefully in order to maximize the opportunity for success.
Affiliate Program Publisher
If you have a website that gets traffic you can monetize that traffic by joining affiliate networks and publishing affiliates' ads on your site. It is important that you publish ads relevant to your site's traffic if you want to succeed.
Keep in mind that you will have a limit to the "real estate" on your website where you can place ads. Do not get enticed by large payouts from affiliates. Focus specifically on the affiliates' ads that will most likely result in a conversion (someone from your website clicking on their ad and buying something from their site).
Irrelevant ads on your website can turn off your website traffic. Too many ads can also have the same impact. It is important to hone your affiliate marketing program to ensure that only the highest converting ads remain on your site.
Affiliate Advertising
Website owners that can benefit from increasing the number of potential clients that visit their website should consider affiliate advertising. Every affiliate program has different rules and costs associated with joining their network. The start-up costs can sometimes be expensive but are typically worth the investment if you handle your affiliate program properly.
You want to join affiliate programs that have a large publisher list. The more websites that use the affiliate program the more likelihood you will have good affiliates. Remember, not everyone willing to place your ad is a good affiliate. A good affiliate publisher is a site that targets the same target market as you do.
Work with publishers to create graphics and text links they can use. Your best affiliates can and should be rewarded with extra commissions, benefits, etc. Remember there are many advertisers vying for limited real estate on websites. You want to make sure the publisher chooses your site and keeps it.
Affiliate marketing is a very effective form of Internet marketing that should be considered by websites owners to increase sales. Can you afford to miss out the affiliate money train ?
About The Author
Frank Breinling is a recognized expert in Internet Marketing. Here you can grab info product ideas http://cashyourwebsite.com , his newest Project about Bloggin you can find here, http://xdreamblogging.com
The author invites you to visit:
http://xdreamblogging.com
Affiliate programs can be a very good way to add revenue streams to your website. You can earn more money from your website or websites as a publisher (you publishing the ads of affiliates on your site) or as an advertiser (your ads being placed on other people's websites), or both.
It is important to choose the affiliate network or networks you join carefully in order to maximize the opportunity for success.
Affiliate Program Publisher
If you have a website that gets traffic you can monetize that traffic by joining affiliate networks and publishing affiliates' ads on your site. It is important that you publish ads relevant to your site's traffic if you want to succeed.
Keep in mind that you will have a limit to the "real estate" on your website where you can place ads. Do not get enticed by large payouts from affiliates. Focus specifically on the affiliates' ads that will most likely result in a conversion (someone from your website clicking on their ad and buying something from their site).
Irrelevant ads on your website can turn off your website traffic. Too many ads can also have the same impact. It is important to hone your affiliate marketing program to ensure that only the highest converting ads remain on your site.
Affiliate Advertising
Website owners that can benefit from increasing the number of potential clients that visit their website should consider affiliate advertising. Every affiliate program has different rules and costs associated with joining their network. The start-up costs can sometimes be expensive but are typically worth the investment if you handle your affiliate program properly.
You want to join affiliate programs that have a large publisher list. The more websites that use the affiliate program the more likelihood you will have good affiliates. Remember, not everyone willing to place your ad is a good affiliate. A good affiliate publisher is a site that targets the same target market as you do.
Work with publishers to create graphics and text links they can use. Your best affiliates can and should be rewarded with extra commissions, benefits, etc. Remember there are many advertisers vying for limited real estate on websites. You want to make sure the publisher chooses your site and keeps it.
Affiliate marketing is a very effective form of Internet marketing that should be considered by websites owners to increase sales. Can you afford to miss out the affiliate money train ?
About The Author
Frank Breinling is a recognized expert in Internet Marketing. Here you can grab info product ideas http://cashyourwebsite.com , his newest Project about Bloggin you can find here, http://xdreamblogging.com
The author invites you to visit:
http://xdreamblogging.com
Affiliate Programs : Golden Opportunity or Waste of Time?
by: Steven O. Ng
Now that the idea of doing business over the internet has been firmly established, many potential internet businessmen are searching for the best way to do business. Usually the choice comes down to whether you want to set up your own business and online store, or sign up for an affiliate program.
First of all, let's define what we mean by an affiliate program. An affiliate program is basically an internet business set up by someone else. They could be selling physical goods, education, information or any other products that can be sold online. By signing up as their affiliate, you are helping them promote their business or store. In return, they will pay you a commission for each sale you bring them. The amount of commission varies between different affiliate programs. Examples of affiliate programs include Amazon.com and Wordtracker, which you can visit at:
http://www.onlinebiz-help.com/links/wordtracker.html
1) EARNINGS
So how does an affiliate program differ from starting your own online store? Let's start by looking at the potential earnings. (After all, the main reason everyone wants to start an internet business is for the money). When you sign up for an affiliate program, you will be paid a commission for each sale you refer to the online store. This commission can range from 5% to 15% for physical products, and possibly up to 50% or more for virtual products such as subscriptions and ebooks.
On the other hand, if you start your own store, your profit can be much higher. For virtual products, your profit can be 100% of your selling price. After all, once the newsletter or ebook is created, you do not need to spend any more effort. When someone buys your ebook, they just download it from your website. If you are selling a physical product, your profit depends on whether you are manufacturing the product yourself, or buying from a wholesaler or dropshipping company. Your profit in this case could easily be more than 40% or 50%.
So, if you only consider the potential earnings, starting your own business is more lucrative than joining an affiliate program.
2) LOGISTICS
However, money isn't everything (Or so they say). When you are starting your own internet business, there are a number of logistic issues you need to look at. Here are a few things you would need to take care of:
Create your website
Design your product (if you are selling new products)
Create your product (if you are selling new physical products, or any virtual products)
Set up an online store
Set up a merchant account or payment gateway
Set up a warehouse or storage space (if you are selling physical products)
Have procedures and staff ready to fulfill orders
Set up an affiliate program to get others to market the products for you
Monitor for fraud
Monitor stock levels
As they say, "No pain, no gain". Having your own store pays very well, but requires a substantial time investment from you.
On the other hand, if you sign up for an affiliate program, all you need to do is set up a website to promote the program. All the ads, banners, marketing text etc will be provided to you by the affiliate program. Your only responsibilities would be to get people to visit your website, and hopefully click on the affiliate links to buy the products that you are promoting.
3) CONVERSION
Whether you have your own business or are promoting an affiliate program, the bottom line is the conversion rate, or the percentage of visitors that actually buy something from you. A number of factors influence this conversion rate. Factors as quality of the product, quality of the website, customer support are all important. However, I personally believe that the most important factor is trust.
When a potential customer arrives at your website, he will need to trust your site enough for him to be willing to buy from you. After all, on the internet you are just a faceless salesman. He doesn't know who is actually running the site and whether he will actually get the goods that he orders.
Having said that, one of the key methods of garnering trust is by recommendation and referral. If a store is being referred to or recommended by another website, the potential customer will feel that the store is trustworthy. After all, if the store is not trustworthy, why would the other website recommend it?
This is where affiliate programs shine. When you refer a potential customer to the store for which you are an affiliate, the customer will feel more relieved, since the store is being recommended by your site, a 3rd party. The customer will be more likely to buy from the store, benefiting both the store, and you as well.
There are both pros and cons to joining an affiliate program. You might earn less with an affiliate program compared to starting your own store, but I believe the benefits of not having to be responsible for the logistics makes affiliate programs are very viable "passive" source of income.
For more information on affiliate programs, do visit http://www.onlinebiz-help.com
About The Author
Steven is the webmaster of http://www.onlinebiz-help.com - Your Guide To Internet Business. His website contains various resources on affiliate programs and internet marketing advice to help you succeed in your internet business.
webmaster@onlinebiz-help.com
Now that the idea of doing business over the internet has been firmly established, many potential internet businessmen are searching for the best way to do business. Usually the choice comes down to whether you want to set up your own business and online store, or sign up for an affiliate program.
First of all, let's define what we mean by an affiliate program. An affiliate program is basically an internet business set up by someone else. They could be selling physical goods, education, information or any other products that can be sold online. By signing up as their affiliate, you are helping them promote their business or store. In return, they will pay you a commission for each sale you bring them. The amount of commission varies between different affiliate programs. Examples of affiliate programs include Amazon.com and Wordtracker, which you can visit at:
http://www.onlinebiz-help.com/links/wordtracker.html
1) EARNINGS
So how does an affiliate program differ from starting your own online store? Let's start by looking at the potential earnings. (After all, the main reason everyone wants to start an internet business is for the money). When you sign up for an affiliate program, you will be paid a commission for each sale you refer to the online store. This commission can range from 5% to 15% for physical products, and possibly up to 50% or more for virtual products such as subscriptions and ebooks.
On the other hand, if you start your own store, your profit can be much higher. For virtual products, your profit can be 100% of your selling price. After all, once the newsletter or ebook is created, you do not need to spend any more effort. When someone buys your ebook, they just download it from your website. If you are selling a physical product, your profit depends on whether you are manufacturing the product yourself, or buying from a wholesaler or dropshipping company. Your profit in this case could easily be more than 40% or 50%.
So, if you only consider the potential earnings, starting your own business is more lucrative than joining an affiliate program.
2) LOGISTICS
However, money isn't everything (Or so they say). When you are starting your own internet business, there are a number of logistic issues you need to look at. Here are a few things you would need to take care of:
Create your website
Design your product (if you are selling new products)
Create your product (if you are selling new physical products, or any virtual products)
Set up an online store
Set up a merchant account or payment gateway
Set up a warehouse or storage space (if you are selling physical products)
Have procedures and staff ready to fulfill orders
Set up an affiliate program to get others to market the products for you
Monitor for fraud
Monitor stock levels
As they say, "No pain, no gain". Having your own store pays very well, but requires a substantial time investment from you.
On the other hand, if you sign up for an affiliate program, all you need to do is set up a website to promote the program. All the ads, banners, marketing text etc will be provided to you by the affiliate program. Your only responsibilities would be to get people to visit your website, and hopefully click on the affiliate links to buy the products that you are promoting.
3) CONVERSION
Whether you have your own business or are promoting an affiliate program, the bottom line is the conversion rate, or the percentage of visitors that actually buy something from you. A number of factors influence this conversion rate. Factors as quality of the product, quality of the website, customer support are all important. However, I personally believe that the most important factor is trust.
When a potential customer arrives at your website, he will need to trust your site enough for him to be willing to buy from you. After all, on the internet you are just a faceless salesman. He doesn't know who is actually running the site and whether he will actually get the goods that he orders.
Having said that, one of the key methods of garnering trust is by recommendation and referral. If a store is being referred to or recommended by another website, the potential customer will feel that the store is trustworthy. After all, if the store is not trustworthy, why would the other website recommend it?
This is where affiliate programs shine. When you refer a potential customer to the store for which you are an affiliate, the customer will feel more relieved, since the store is being recommended by your site, a 3rd party. The customer will be more likely to buy from the store, benefiting both the store, and you as well.
There are both pros and cons to joining an affiliate program. You might earn less with an affiliate program compared to starting your own store, but I believe the benefits of not having to be responsible for the logistics makes affiliate programs are very viable "passive" source of income.
For more information on affiliate programs, do visit http://www.onlinebiz-help.com
About The Author
Steven is the webmaster of http://www.onlinebiz-help.com - Your Guide To Internet Business. His website contains various resources on affiliate programs and internet marketing advice to help you succeed in your internet business.
webmaster@onlinebiz-help.com
Monday 21 March 2011
Remedy for Real Successful Online Business
There is no doubt that internet offers endless opportunities to make money but the ratio of people who actually make money on internet is hopelessly low. A recent survey shows there are only 2% internet marketers who make full time living through marketing on internet. There are two main reasons for failure of overwhelming majority of people who get involved in internet marketing, lack of necessary skills and use of poor tools. A good understanding of internet marketing and state of the art technology and tools are the key to success on internet.
There are a number of knowledgeable internet marketers who possess necessary skills and knowledge to make money on internet but they depend on latest technology to reap full potential of their knowledge and skills. Internet marketers increasing use third party software developers and programmers to translate their knowledge into effective cash pulling programs. They may come up with brilliant ideas and plan but lack of effective execution of these ideas and plans results in failure or limited success.
On the other hand, a large majority of internet marketers are not suitably qualified to be successful online. There are a number of newbie marketers who try endless methods to make money online but they simply lack sufficient knowledge and skills to make their dreams come true. A number of so-called gurus promise to teach internet marketing within weak but all this ends up with selling useless digital products. Again, a majority of these programs and digital products don’t work or people who buy these products don’t have necessary skills to benefit from them.
This is a hopeless situation for millions of people who want to make money online. The only remedy of success on internet is to learn about the basics in order to unleash full potential of the available programs. Affiliate marketing continues to be the most popular form of online money making, even a person with mediocre skills can benefit from affiliate marketing. A lethal combination of skills and understanding of technology is essential to develop successful programs to make money on internet. New internet marketers need to find programs which have proven track record of success or the programs they can use with their limited skills. There is growing need to use one program and stick with it for a sustained period of time to achieve success online.
instant online paycheck is recommended program for people who really want to make money online as this program is developed by the combination of a renowned internet marketer and a software prgrammer.
Instant Pay Check is simply the best program to make money online
There are a number of knowledgeable internet marketers who possess necessary skills and knowledge to make money on internet but they depend on latest technology to reap full potential of their knowledge and skills. Internet marketers increasing use third party software developers and programmers to translate their knowledge into effective cash pulling programs. They may come up with brilliant ideas and plan but lack of effective execution of these ideas and plans results in failure or limited success.
On the other hand, a large majority of internet marketers are not suitably qualified to be successful online. There are a number of newbie marketers who try endless methods to make money online but they simply lack sufficient knowledge and skills to make their dreams come true. A number of so-called gurus promise to teach internet marketing within weak but all this ends up with selling useless digital products. Again, a majority of these programs and digital products don’t work or people who buy these products don’t have necessary skills to benefit from them.
This is a hopeless situation for millions of people who want to make money online. The only remedy of success on internet is to learn about the basics in order to unleash full potential of the available programs. Affiliate marketing continues to be the most popular form of online money making, even a person with mediocre skills can benefit from affiliate marketing. A lethal combination of skills and understanding of technology is essential to develop successful programs to make money on internet. New internet marketers need to find programs which have proven track record of success or the programs they can use with their limited skills. There is growing need to use one program and stick with it for a sustained period of time to achieve success online.
instant online paycheck is recommended program for people who really want to make money online as this program is developed by the combination of a renowned internet marketer and a software prgrammer.
Instant Pay Check is simply the best program to make money online
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