When you think of affiliate marketing, do you just see it as something that takes a lot of time and money to work? If so, then you have a very narrow view of it. Affiliate marketing is so much more than that, and it can be adapted to your own business plan. Read on to find out how.
Before entering an affiliate marketing arrangement, you should test-drive your would-be affiliate’s product if at all possible. Being familiar with your advertisers’ products will enable you to answer any questions that might come from the visitors you send to your affiliates’ sites. Also, having first-hand experience will help you evaluate the true value that your affiliates are providing to your customers.
It is important to know your audience when also using affiliate marketing. If you are writing a cosmetics blog, don’t choose affiliate ads which are for car parts. The more an affiliate ad relates to what your website or blog is about, the higher the chances are that your current customers or followers will use the affiliate links.
You can use past customers to draw in new ones by giving a bonus for referring new users to the service. Your old customers will love the chance to get deals and will do your advertising work for you. Their friends will trust a recommendation of a close friend more than an ad, and they’ll be much more likely to shop at your store.
Do not panic if you see sales conversions numbers that are only around 1%. If you’re holding out for higher than that as an affiliate, you may be holding out indefinitely. One out of every 100 visitors turning into a customer, is actually a great conversion rate for most products, especially with larger, more popular services that receive thousands of visitors per day.
Use the templates from your affiliate programs but make the content unique to you and your audience. If someone clicks on your page and sees an obvious copy and paste template with no personal information or content they are going to click away and not come back. You can use the templates as they are usually proven items, but make sure to include yourself in it or you’ll drive your clients away.
Affiliate marketing need not be your website’s sole revenue stream. The same site that generates affiliate money can also use other advertisement strategies, like Google adSense. In order to maximize effectiveness, though, it is best to keep some separation between your advertisers. Avoid working with two advertisers offering similar products to prevent them from cannibalizing potential customers off of each other.
Keep your role in mind. As an affiliate marketer, you do not have to be a hard-sale artist with a slick pitch. Just let people know about how the products you endorse can benefit them. Be sincere and genuine, but don’t turn them off with a high-powered, hard-sell campaign. The company that produces the product already has well-researched sales materials in place.
High traffic to your website is what affiliate marketing companies look for. The more traffic you can get to visit your page, the more apt people are to click the link and buy the products that you are featuring. To gain more traffic you have to expose your page to as many people as possible.
After reading through all of that, do you still see affiliate marketing in the same way? Do you now see that it is so much more and that it can be a very cheap and effective way to help promote your business? It’s work, but it’s not endless hours worth.