7 Affiliate Marketing Tips And Techniques For Beginners To Become Successfulby PRC Agency PR
Affiliate marketing is a hot topic that continues to attract a lot of attention from solopreneurs. It is attractive due to its earning potential and flexibility. In fact, if you are good at it, affiliate marketing is a dream that can earn for you while you are asleep. A lot of information can often complicate matters, which is why the following guide is written as an affiliate marketing tip to help understand strategies that work.
The Product – What to Sell?
Most individuals, who are new to affiliate marketing, mistakenly try to sell products that they love or think that most other people will also like to buy. As a result, there are a lot of affiliate marketers who often complain about the product they are promoting is not selling as per their expectations. In reality, affiliate marketing is not about what you like; instead, successful marketers only sell items that are high in demand at a particular moment in time. In simple words, successful affiliate marketing is all about the hottest products in the market that people are going crazy.
A good example that everyone can understand is the GTA 5 video game, which is one of the top-ranking games of all time. Even after years of its release, the game continues to lure gamers. Despite its allure, it may or may not be a great affiliate product to sell because the demand continues to fluctuate.
In contrast, there is always a demand for new versions and sequels of video games that sell like crazy after hitting the market. Accordingly, a savvy affiliate marketer will likely become an affiliate of a well-known video game store to take full advantage of any new opportunities in the market. At any given time, there may be 10 to 20 "hot-selling" video game titles that are newly released, which makes these affiliate products profitable and marketable.
Many sources on the Internet can tell what content is popular at any given moment. Buzzsumo is one of those products, which can be used to generate ideas of products and services in demand. Once you know what is, you can plan your next move accordingly.
Even if you found a great product, it is unlikely to sell without writing great content. Nowadays, Google and pretty much everyone else put a lot of emphasis on good content. Remember, your readers have an unlimited amount of sources to get information; therefore, your content should be factual and entertaining to make visitors read it. You cannot sell your affiliate products if the reader does not stay on your page.
What kind of content you should write depends on the type of affiliate product. For instance, if you were selling a hot product such as the latest smartphone, you can write two or three pages of content describing the details and offering useful insight just for that particular product. On the other hand, if you were to sell video games, it is better to prepare a top 10 list or a comparison table enticing the visitor to click on the affiliate link.
A common mistake that new affiliate marketers make is to put a lot of third-party or un-related banner ads on their page. This affiliate marketing tip has two negative repercussions. First, visitors are not only distracted from the main topic, but they are often tempted to click on the banner, which effectively takes them away from your primary revenue source. Secondly, such banners portray a spammy website, which has a lot of distraction. To avoid this, try to focus on creating useful content that will provide practical information to the client. If your website is focused on the product, you will start seeing results and conversions without any need to put banners and third-party advertisements.
Affiliate Revenue Model
Before selecting an affiliate platform to work with, it is vital to understand the revenue model that you will use. Most affiliate models are based on a revenue-sharing model, which means that affiliates get a percentage of share from the total product sale, once the product is sold. Based on a 5% share on this revenue model, you will get $5 if the product costs $100. The revenue-sharing model is probably the best idea because it offers a fair calculation of your rewards.
Another very popular model is pay per lead model. According to this model, you will get a certain amount whenever anyone clicks the affiliate link. The pay per click amount will vary significantly from product to product; however, it can be anywhere from 1 cent to $2, or even more in specific circumstances. This particular model is usually very attractive to first-time affiliate marketers because they know that their potential income can be correlated with the amount of visitors clicking on the affiliate link.
Still, you need to read the fine print when it comes to pay per lead model because many of these models will not pay if visitors a
Created on Oct 13th 2019 23:23. Viewed 115 times.