Archive for January, 2009

So you’ve heard how easy it is to make money online with affiliate programs and how much money can be made. You think you might want to start an affiliate marketing business, but you’re not sure how to do it. This article will walk you through the three most basic steps to get you started. I know 3 doesn’t seem like much, but right now you need to take baby steps to do this right.

A good affiliate marketing business must be built step by step, piece by piece. Follow this guide and you will be well on your way to building a solid foundation for your business.

First you need to identify an area that you have an interest in. You want this to be a natural interest of yours. That way you will not get bored with it and decide to stop, but will look forward to working on your business. And yes, it is work. There is no such thing as get rich quick. You can get rich in affiliate marketing, but it will take a little time and effort.

Think about your hobbies, or some knowledge that you have about different topics. These will be things that are of natural interest to you, and therefore easy to write about. Make a list of these ideas, try to come up with at least 3. You should make your list about whatever topics come to mind. Don’t worry about trying to think of things that will let you make money online with affiliate programs. You will research how to make money with your ideas later. Just about anything you can think of will have a program that you can make money with.

Next, join an affiliate program clearing house like Clickbank.com. You can join for free and then search for programs related to your topics. It will even tell you how much you will get paid each sale you generate. Write this information down and use it to decide which topic to concentrate on.

Once you have decided on a topic, and chosen the programs you will promote on your site, go to WordTracker.com. Use their keyword selector tool to help find a domain name. Take the keyword you think you would use to find your topic. Enter it in the tool, and it will give you all search combinations in the last month that were made using your keyword.

The results can help you find a domain name. These terms are searched every month. If you can register one of them as your domain name, you will easily reach the first page on search listings. It’s getting harder to find names using this method, but it still works.

Once you find a name you need to register it, I recommend you use NameCheap.com. Then find a hosting service. I recommend HostGator.com, you can get started with them for about $5 a month.

Now you are ready to start building your site. Write some articles about your topic and start posting them on your website. An easy way to get started without needing to know much about how a website works, is by setting your site up as a blog. I’ll show you how to set up a blog and start posting to it soon.

If you can’t think of what to write, use a search engine and type in your keyword. Visit other sites about your topic and read what they have written. Do not copy what they have, simply use it as a guide for ideas. This will continue to help you make money online with affiliate programs.

You can even link to the websites you got your information from. This makes your readers want to come back for more because you are providing them with resources. If you provide good resources, they will know they can get what they need from you instead of having to spend their time researching it.

Write and post articles at whatever pace you want, but the more you put up the faster you will start getting a good ranking in the search engines. If you post 5 or 6 articles a week related to your topic, then in about 5 or 6 months you should be getting some pretty decent traffic. Then you can slow down and write 1 or 2 articles a week or a month, depending on your needs/goals, to maintain a high ranking at the search engines.

Writing articles about your subject in order to make money online with affiliate programs is called article marketing. What if you’re not sure how to write an article? It’s easier than you might think, but to help you out I share some resources for how to find free articles others have written. To learn more about article marketing and get access to my article resources, visit my Article Marketing page.

Pretty soon you will start getting sales to your products and you’ll be cashing checks.

Affiliate marketing is about nothing more than selling other people products. You are a sales associate for the merchants you represent and your business is selling their goods. The idea of affiliate marketing very similar to opening a retail store, but minus the headaces. Wal-Mart for example is a retail store that sells other peoples products.

You will do the same if you get into affiliate marketing. There are dozens if not hundreds of great reasons to become an affiliate marketer, but these are my top 10 reasons.

#1 – Low Start-Up Cost

The cost of starting an affiliate marketing business is extremely low. You need to register a website name (www.myproducts.com). I recommend that you use NameCheap.com to get your domain name, you can get it there for about $9.00.

You will also need a website host. The provider I recommend is HostGator.com. Their plans are inexpensive, starting at about $5 a month and anytime I’ve ever needed help they were very good to work with. Do not use a free hosting service. Your visitors will be able to tell it’s a free service, and you will not generate trust with them. You are about to ask them to part with their money, and they will not give it to someone they don’t trust.

#2 – No development costs

Developing a product can be expensive and time consuming. Developing a product often costs thousands of dollars just to get it ready to manufacture. Then you have the costs of making the product itself as well as marketing expenses.  Even then there is no guarantee anyone is going to buy your product.

#3 – No stocking products

With affiliate marketing you do not have to worry about stocking products. That means you don’t pile up boxes and boxes of stuff in your garage, basement, or that spare bedroom.

#4 – No shipping costs

Because you have no products, you also have no shipping costs. If you have to ship products, that means you have to store not only the products in your house, but packing supplies like boxes, tape, packing materials. That also means you are buying those items and that cuts into your profit.

#5 – No customer care

You never have to talk to, or see a customer. As an affiliate marketer you never need to take any complaints from customers or have to answer any questions from them. If they have any questions or complaints, they will address those with the merchant that you represent. So you can spend all your time working on building your business and making money.

#6 – No need to get a merchant account

Some people are put off at the thought of having to deal with cashing multiple checks, tracking all your customers purchases, or handling credit card transactions. One of the most popular ways to pay for things online is with a credit card.

Without a merchant account you can’t accept credit cards. You could use a service like PayPal, but when you start making big money you would want your own merchant account to save money. But merchant accounts can be difficult to get, and costly to use. In affiliate marketing you don’t have to worry about that.

The merchant you represent will take care of all the payment processing. All you have to do once you make a sale is cash your check and spend your money on whatever you want.

#7 – Thousands of products to choose from

There is an unbelievable amount of products online that you can sell. You can go to ClickBank.com and sign up and choose from over 10,000 products to sell. ClickBank has thousands of merchants listed on their site, along with the products those merchants want you to sell. They tell you at a glance how much money you will make with each sale of a specific product.

#8 – A worldwide market

With a retail store, you are generally limited to the number of people that are in your community as your potential customers. With affiliate marketing you can literally reach the entire world. So you can sell your products to someone in Australia or England, just as easy as you could someone in your hometown.

#9 – Make money 24 hours a day, everyday

It doesn’t matter whether you are sleeping or watching television. You can make money 24 hours a day, 7 days a week, 365 days a year. If you are at home taking out the trash, or lying on a beach you will be making money. Imagine going on vacation and coming home to find you made more money while on vacation then you spent, and you didn’t do a thing to earn it.

#10 – Unlimited potential

Unlike your job, affiliate marketing has no limit on the potential money it can make you. Even if a product is only making you an extra $500.00 per month, if you find 10 products making you $500.00 per month that’s an extra $5,000.00 a month. With thousands of products to choose from, do you think you can find 10 products that make you $500.00 per month?

That’s my top 10. Affiliate Marketing is not extremely hard, but it’s also not something you can just throw a website up and make $5,000.00 a month starting tomorrow either. It takes time, effort, and education. Don’t think you’re going to simply fall into making big money. Like everything in life, if you want to make money doing it, you have to learn about it.

Become a student of affiliate marketing. Buy books on the subject. Find websites like this one that have articles you can read. Don’t look at anything on any website, including mine, and assume that it is right. Do your research. Take an active step in growing your business and you will be successful.

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