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How to Enhance Affiliate Program Management with Artificial Intelligence

Significantly, most digital marketers have since discovered that Artificial Intelligence (AI) can play a very important role in enhancing af...

Showing posts with label commissions. Show all posts
Showing posts with label commissions. Show all posts

Tuesday, November 30, 2021

How to Get off the Anti-Wealth Plan through SFI

 

Internet income work station with a computer, notepad and pen, eye glasses, flowers vase,  a telephone receiver and a mug of creamy beverage.
Though painful to say, most people go through their entire lives on what we call the "Anti-Wealth" Plan. Others call it the "40/40/40 Plan." That is, work 40 hours a week for someone for 40 years and retire with $40 in the bank!    

That's somewhat of an exaggeration, of course, but the U.S. Social Security Board, for example, has reported that 85 out of 100 Americans won't possess as much as $500 in savings by age 65. And only 2% will be self-sustaining; the rest will be dependent on family, church, or the government!

The main problem with a typical job is that when YOU stop, the money stops.

MAKE SURE you understand this: If you ever want to acquire real wealth, you're just not going to get there trading hours for money. The world's wealthiest people have known for hundreds of years that if you want financial freedom, you MUST tap into at least one of the following:

1. Residual Income

RESIDUAL INCOME is income that keeps coming in month after month, year after year, from work you do just ONCE. It's like a royalty. An example would be writing a book or recording a song and getting paid forever on it. Wouldn't it be absolutely awesome to have that?!  Well, with SFI you can!

2. Leveraged Income

LEVERAGED INCOME is earning money through other people's efforts. There are only 24 hours in a day. Hence, there's only so much you can earn through your own efforts.  But with SFI, you can earn Leveraged Income on the activity of your personally sponsored affiliates (PSAs).

Earn even more Leveraged Income when they sponsor other affiliates, and when your affiliates’ affiliates sponsor affiliates...and so on—on up to 12 generations!

The fact is, by simply sponsoring a few good, active SFI affiliates, you can eventually have hundreds or even THOUSANDS of affiliates and members putting money in your pocket...from around the world...around the clock!

But that's not even the best part.  Each affiliate on your team has his or her own vested interest to build and KEEP ON building his or her business and income. This, of course, means YOUR income can continue and grow month after month–even when you want to take a vacation or decide to retire altogether. And there are few things greater than returning home from a nice vacation to find that your commissions for the month increased from the month before!

Bottom line:

If building financial security is one of your goals,
you've found the vehicle to do it with SFI!

Article Source: SFI LaunchPad Lessons

Friday, November 26, 2021

Techniques to Earn Money Online with Affiliate Marketing

A stack of currencies, notepad and pen laid out on top of a white affiliate marketing work table.
For most digital marketers, affiliate marketing is one very practical way to earn money on the Internet. With it, influencers, bloggers and entrepreneurs can make money and earn residual income online. The primary source of income for affiliate marketers is by way of earned commissions. With practically very little or no financial outlay to get started, affiliate marketing is one of the most cost-effective ways to earn money online.

Here are some techniques, anyone, just about anyone who knows how the Internet works can use to make good money online with affiliate marketing.



Convert Followers to Customers: For social media influencers and bloggers, the first challenge is to build an audience of followers. The larger this audience, the larger your market base! That is where you begin to monetize your content/blog from your audience.

Consistently Create Informative Content: If the content you create is relevant, informative, educational and interesting enough, it helps to grow your audience of followers faster. You can effectively market to this audience, get leads/customers and earn good money from commissions.

Optimize Your Rate of Conversion: As you promote to your audience, the more conversions you get, the more sales you make and the more commissions you earn ultimately. The quality of the content you create and well optimized to attract good traffic plays a vital role here. In practical terms and as most affiliate marketers very well know, 80% of your profit is generated by 20% of your content.

Increase Your Mailing List: You can deliberately build an email list gradually over time and it becomes a very valuable marketing asset when large enough. At that level, you can segment the list for more effective marketing and that is the list you email consistently with your affiliate marketing promos. Affiliate marketers rely hugely on email marketing as one of the most effective tools for generating passive income online.

Deliberately Promote Products with Your Content: Be careful to choose a good niche and products that sell well to promote if you want to earn good commissions. These are products you can steadily promote using your content. The more your content attracts readers, the higher the chances that readers will click on your affiliate links embedded in the content to access products you are promoting and possibly make purchase. For your content to be valuable, you must choose topics that are close to the people looking for a solution to a problem. That is one practical way to make them think that the solution is the product you are promoting.

In very practical terms, affiliate marketing helps to promote a service, content, product, site, or business where the affiliate receives a percentage or payment for each successful sale. That is how everyone gets to make money online from affiliate marketing be they individuals, a specialized company or even a group of people, all acting as affiliates.

There are three distinct business entities/parties involved in an affiliate marketing system. These are:

1. The Product Merchant: This is the real seller of the product/service. It could be an individual business owner, a company or a brand. This party owns the product directly.

2. The Affiliate: The duty of the affiliate is to promote products from products merchants to consumers/customers and he earns a commission for his efforts. His main task is to induce a consumer to buy the seller’s product. Affiliate marketing companies, bloggers, content marketers, influencers and opinion leaders effectively act in this role.

3. The Customer/Client: Customers/clients are the ultimate consumers of products/services and through them sales revenue in generated to enable affiliates earn commissions and product merchants make sales/profits. Customers/clients are the final/target parties in the affiliate marketing process. This is because it is they who buy the product/service, which is constantly promoted by the affiliate.



How then is Money Earned in Affiliate Marketing?

Simple! Through commissions, that’s all. But, the process is a bit intricate. The amount of money an affiliate can earn depends on how hard the affiliate works and what percentages of commissions he is entitled to. These percentages depend on the deal between the affiliate and the seller and the affiliate program itself. However, most affiliate marketers are paid a percentage of sales even though some others do get paid a fixed amount for each successful deal with the customer. Cumulatively, these figures could really add up real big making affiliate marketing some sort of lucrative cost-effective business.

What the affiliate is entitled to is tracked by way of unique links/codes which distinctly identify the number of successful transactions and conversion rates. Unique links consist of unique codes which help to track where the customer came from.  Special codes/words, which are usually stated before purchase are tied to a specific affiliate partner for attribution and commissions computation purposes.

Common Affiliate Marketing Options

Two options mainly. The most common option of affiliate marketing is the usage of a referral link. These links are carefully embedded in affiliate marketing content. When people click on these links, they are led to where the products for sale are on the merchant’s website. This journey is usually from the website of the affiliate to the website of the product merchant. Once the product is purchased, the affiliate receives a commission from the purchase.

The next option is however not as popular as the first but it is effective too. It simply involves carrying out some deliberate actions as determined by the affiliate marketer. An affiliate can for instance ask his audience to do some action on the merchant’s website, such actions like, to register for a seminar or newsletter, fill out a form, take a survey/poll, or leave a phone number and email address. To do any of these actions, customers are given a special link, which can be used only once. The link leads to an affiliate product/service and it helps to identify, tally and pay commissions to the affiliate.

Saturday, November 20, 2021

How Affiliate Marketing Works

A lone affiliate marketer working from a computer with two smartphones and a mug of creamy beverage on the table.
Affiliate marketing is one great way to earn money online by promoting a product merchant’s products through your own platform. Such platform could be your own website/blog or your social media account. You get paid affiliate commissions for your efforts when sales are made. Payment of these commissions is made easy because affiliate marketing sales are usually tracked by affiliate links or through special discount codes.



Affiliate marketing is usually a tripartite business arrangement between product merchants, content marketers/publishers and consumers. The business of the affiliate is to help product merchants promote their products to consumers and once sales are made, the affiliate earns a commission as per agreed terms and percentages. It is the business of the affiliate therefore to help product merchants promote their products to a wider audience as partners with influence and a large online audience.

In most cases, affiliates usually get paid once they generate a certain number of clicks, sales or leads. When affiliates promote products through affiliate marketing, they earn revenue mainly in the following ways.

Pay-Per-Click, PPC: In PPC, affiliates get paid for diverting traffic to the seller’s website.
Pay-Per-Sale, PPS: In PPS, affiliates get paid every time a consumer buys a product by clicking through your affiliate link or using the affiliate code.
Pay-Per-Lead, PPL: In PPL, affiliates earn revenue by creating leads for the seller. Such leads usually have to do with consumers signing up for newsletters, an online course or downloading free guides or some other desirable marketing activity.

From the foregoing income sources, affiliate marketing is usually a great avenue to earn passive income if you are diligent and consistent enough in your marketing activities. These activities relate directly to how you promote products and generate sales. Your products promotion efforts depending on your preferences and expertise could be multi-channel through your own website/blog, via your YouTube channel, social media platforms, email newsletters, podcasts, or a combination of them all.

However, to make money in affiliate marketing, you must promote mostly products that sell well since your main duty as an affiliate is to bring these products to the attention of consumers. Affiliates can join popular and reputable affiliate marketing networks too to leverage on their reputation and wider reach to promote products. The main duty of affiliate networks is to match marketers with products to promote. These networks allow affiliate marketers to sign up to advertising campaigns from a range of different brands/merchants and affiliates can leverage on their in-house marketing tools to do a great job.

Affiliate marketing is easily a preferred choice when people are keen on making money online. It is cost-effective and you don’t need any huge financial layout to get started. For this reason, you can get started quickly and work your own schedule as you please. You don’t even have to get involved in some other marketing related issues like customer service.

If you elect to become a successful affiliate marketer, here are some key questions you must have to properly address right from the outset.

What type of products will you be promoting?
Exactly how are you going to promote these products?
Do you have a big enough audience to earn money?
Do you have the influence to encourage consumers to buy products?



If you have the right answers to the above questions, you’re good to go in your affiliate marketing activities. Next is to ensure you are using the right techniques. Affiliate marketing techniques aren’t just limited to individuals with a huge following as audience or even a strong social presence. You need tools too to measure your progress and to track your campaigns. Data tracking tools do assist marketers to optimize their marketing approach and targeted strategies for every campaign. If you elect to market on popular social media platforms like Facebook, Twitter, YouTube, Instagram, Pinterest, Snapchat, and TikTok where you can easily open free accounts, you stand a very good chance to greatly enhance the affiliate commissions you earn. Some Affiliate marketers who work on a commission or percentage basis tend to make thousands of dollars by marketing brands and products through this process.

Friday, November 19, 2021

How to Make Money from Affiliate Marketing

A symbolic key to wealth and a pack of dollars on the table.
Affiliate marketing is an intricate business relationship between Product Merchants, Content Marketers/Publishers and Consumers. In it, Content Marketers simply help to promote products from Product Merchants to Consumers and they get paid commissions for their efforts. It is mostly performance-based. Meaning, your earnings are in direct relationship to the efforts you put in. By this arrangement, there’s no limit to what you could earn but you’ll only get out what you put in. Simple!



First crucial step is to be a good content marketer. What that means is that you must regularly write and post high quality content on your website/blog to grow your audience. That content must be well optimized to make it search-engine-friendly. This is because if you want to make money from affiliate marketing with your content, this optimization is very crucial. It requires a very deliberate and diligent effort to get it right. Here is why. If for instance you want to create blogs or videos as your marketing content, you’ll need to include the right keywords to make sure your content shows up in search engine results. That way, your content gets to benefit from organic traffic coming through search engines. Organic traffic is about the highest quality traffic beneficial to affiliate marketers.

For traffic reasons as well, if you are marketing through social media, you’ll need to use hashtags effectively. Many social media platforms have in-house tools beneficial for affiliate marketing. For this reason, you must take advantage of and learn about how you can use each platform’s algorithm to get seen by more people. The more people see your content on social media, the more traffic you get. With time, you can get to build trust and more authority for your brand. That translates to more traffic.

Depending on your own expertise and preferences, you can make money from any of or a combination of the following hugely popular types of affiliate marketing.

Affiliate Marketing on Social Media

To make money on social media, you must strive to become a social media influencer. This is not by any means as easy as it sounds but it is doable. Influencer marketing campaigns are usually developed around a specific niche. It is through that niche you can begin to build an audience. That is the audience you will with time be able to positively influence with your affiliate marketing activities. However, it takes considerable time though to become an established influencer. It is within this time you really need to build a personal connection with your followers with a view to effectively influencing them along the line. For best results, you can open free accounts on the very popular social media platforms and start growing your audience by deliberate efforts. Popular social media platforms like Facebook, Twitter, LinkedIn, Instagram, YouTube, TikTok, Pinterest are great platforms for marketing activities. However, many influencers are characteristically very deft at using YouTube and blogs to promote affiliate products and they get very good results. Effective marketing campaigns on social media entail the use of or a combination of sponsored posts, including photos/graphics, videos, podcasts and live streams.



Blogging for Money

Yes indeed! If you have specialized information and you can write about it, you can make money from your blogs. Bloggers are unique content marketers in their own world. Blogging is a very effective way of making passive income through affiliate marketing. Depending on your expertise and preferences, you can build up your own blog or buy existing ones and optimize them to attract more organic traffic. For effective affiliate marketing, you can embed affiliate links strategically in your blog content. You can also actively review products in your blog posts and you get traffic through backlinks. If you do this consistently and you manage to get known as some kind of expert on a particular type of product, many brands may start coming to you for reviews in exchange for an affiliate link. However, to be a good blogger and be successful in what you do, you must be able to consistently create high-quality and engaging content over the long term. That way, you can build authority and trust with your audience to be able to influence them more positively.

Affiliate marketing on YouTube

YouTube has become one extremely powerful video marketing platform affiliate marketers readily rely on to make money. To make money on YouTube through affiliate marketing, you must first attract a whole load of subscribers on your YouTube channel. Next is to encourage them to watch the videos you post from time to time. You can then include affiliate links and discount codes in your video descriptions. You can also reference them in the videos. More and more people watching these videos means traffic and hopefully with your affiliate links and discount codes on the videos, you can manage to get more click-throughs and even make sales through these links. You earn affiliate commissions from such sales.

Friday, November 12, 2021

8 Tips to Avoid Common Mistakes in Affiliate Marketing

Affiliate Marketing work station with a laptop computer, smartphone and a mug of beverage.
Affiliate marketing is a specialized business and one of the most interesting and lucrative industries on the Internet. It hinges strictly on commissions earning by affiliates depending on how well they are able to help drive sales for products merchants. It presents as one great opportunity for marketers and advertisers to partner with others to promote their products, services, brands or affiliate programs. As an affiliate, the more time and effort you invest into learning and testing everything first, the more likely that you’ll make it real good in the business. Hereunder are some tips that can help you to avoid many common mistakes most affiliate marketers tend to make when they are starting out.



#1. Never Stop Learning

Just as the internet grows and changes, so are internet marketing techniques. To be on top of your game in affiliate marketing, you must be open to continuous learning. For every good affiliate marketer therefore, there is no end to learning or knowledge sharing. It is a continuous process because the industry tends to change very rapidly. New trends appear all the time just as old ones die out quickly. For this reason, you must be ready to take full advantage of new changes and to spend some time and resources on learning new trends and techniques of the business.

#2. Don’t Overvalue your Products

It is inevitable that you must have to promote products/services in affiliate marketing. In most cases, this promotion is directly out of your own affiliate website/blog. However, you must make sure you don’t overvalue the products/services you are promoting. If you do, it could backfire on your business in the long run. Your main consideration as an affiliate marketer is to curt and service a loyal audience by providing valuable resources, information and insights that will help them to solve their problems. Doing so consistently helps you to build traffic. As soon as good traffic starts coming to your website, you then create an offer that's closely related to what you consistently share on your website/blog to your audience. That helps your marketing efforts a great deal.

#3. Never Fail to Track your Marketing Metrics

Without consistent tracking, it is virtually impossible to know how well your affiliate marketing campaigns are doing. It is therefore quite critical to track analytics and determine which marketing channels are bringing in the most traffic. The insights from such metrics help you to know where to focus more efforts and where to de-emphasize when it comes to promoting affiliate offers. Important metrics to track are unique daily visits and repeat visits, daily and weekly sales volume, where and through what channels visitors come to your website, which content attracts more visitors’ attention and so on and so forth.

#4. Don't Expect Sudden Huge Earnings

When starting out in affiliate marketing, you’ll be hugely disappointed if you expect to earn huge commissions quickly. It is always a gradual process and as you learn the ropes. The competition is huge as well. One reason you should lower your revenue expectations is that there are literally thousands of web publishers doing same things you are doing and they’ve been at it sometimes for years and still struggle to find good revenue. It is the nature of the business. What is important is to be patient and to work diligently hard before you can get appreciable results. So, your earned income will depend largely on how much time, effort and patience you're willing to invest in the business particularly at the outset.

#5. Don't be Afraid to Give Up if you Must

Always have an eye for what is not working and be ready to discard it at the earliest opportunity. It may be hard to walk away from an affiliate campaign or website that is not yielding desired results. What is best however is to do so to free up your resources, time and efforts for something else that has a better chance of getting the results you want. The watchword is to always do what makes good business sense at any point in time.

 

#6. Never Sell your Visitors Short

It is unethical to sell your website visitors short. It is one huge marketing mistake to sell visitors short. What you should be doing is to always provide them high-quality offers that match well with what they want and need. Website visitors are not just aimless web surfers. Many are on the web actively searching for what they want. You do better business if you help them to meet their needs. So, before trying to sell your visitors something, make sure that you've done your research well. That is the only way you can better arrive at offers that closely match what your audience is looking for.

#7. Never Fail to Embrace Testing

You cannot succeed in affiliate marketing if you are unable to thoroughly test ideas and techniques to know how they work and how you can take advantage of them in your marketing efforts. It is a no, no to rely on guess works. You must be ready to test ideas and be sure of what works before investing more time, effort and money. Most marketers rely on A/B testing tools for many of their campaigns. These tools help to give very valuable insights into what's working and at what risks if any.

#8. Don't Shutout your Earnings

If you are relatively new in affiliate marketing, there are some things you may choose to do which are capable of shutting out some of your earnings. For instance, many affiliate marketers may be quick to start promoting a new offer the moment it goes live even before fully optimizing and promoting it before making it available. If this happens, you may be missing out of some of your earnings for failing to run the right tests before promoting the offer widely. When you do the right testing, it gives you a better chance of converting more visitors into subscribers or buyers, because you've taken adequate time to work on optimizing your entire marketing from start to finish. Affiliate marketers tend to get the best results particularly from new campaigns and they earn more if they test and optimize their marketing well enough.

Friday, November 05, 2021

7 Tips to Succeed in Affiliate Marketing

Affiliate Marketing work station with a computer, Ipad, notepads, a mug of coffee and smartphones.
In affiliate marketing, the main job of an affiliate is to persuade and influence the decision-making process of consumers in an appealing way. The persuasion hinges on adding value to the consumer through the said product/service being promoted. That is with the end goal of convincing consumers in favor of the product/service. The affiliate gets paid for these efforts through earned commissions. All the affiliate really needs to get things going is a fair bit of online clout or skills to persuade or influence people online. These here 7 tips can greatly help that process. 

 

1. Regularly Review Products/Services

If you are able to regularly review products/services falling under your niche, you stand to benefit from the relationship that you have fostered with that particular audience. Next is to leverage the trust between you and your audience and inform them about the benefits of investing in the product/service being reviewed.

2. Focus More on Conversion Rates

It serves affiliates interests best if they are able to focus more on conversion rates rather than commissions which many tend to focus on. It is much better to promote products from product merchants which have better conversions rather than chasing products with higher commissions. Reason is because you do better business through higher conversions in cumulative terms. A higher conversion rate ensures profit in bulk which more than compensates for staying away from products that appear to offer more commissions but with lower conversions. Experienced marketers tend to see products with higher conversions as “hot” products and a must to sell.

3. Always Keep Track of What Works

Keeping track of what works helps marketers to decide what they must do more of. You can get some insights of what works by tracking the analytics about user engagement on your platforms. That helps you to understand which of your content really works. Affiliate marketers can easily take advantage of various analytics tools like Google Analytics provided by their affiliate networks to keep accurate track of their promotions. Armed with these insights, marketers can take very vital decisions about re-tweaking, re-directing or re-jigging their marketing activities.

4. Foster a Relationship with your Audience

Affiliate marketers can deliberately foster some relationship with an audience that has specific interests. By doing so, they can easily tailor their regular contents accordingly. That is one great way to develop a relationship with your audience, making them trust what you have to say. The idea is to focus more on quality rather than quantity by putting your audience first and appealing directly to the niche where they belong.



5. Promote only Products Worthy of Adding Value

It is smart marketing to promote only products consumers want to buy. These are products that have the qualities worthy of adding value to the life of consumers. That is the only way your affiliate platform becomes reliable for consumers to meet their needs. Inevitably, that translates into higher conversion rates for your promotional activities.

6. Stick with the Rules

Sticking with the rules helps marketers to build trust and reliability which are very vital for successful affiliate marketing. For this reason, it is always advisable for marketers to play by the rules in the realm of affiliate marketing. That simply implies that companies/brands that you work with who have created a name for themselves with hard work and years of experience would always like to protect their good names. That is why many companies/brands are very sensitive towards how marketers approach the promotions of their products. It simply depends on business ethics in the main. So, you must avoid making false and improbable claims about any products/services you are promoting unless you want to quickly lose credibility.

7. Keep an Eye on the Latest Trends

Out there on the internet, competition is always very stiff. You must stay on top of new trends if you want to have any worthwhile chance at all with your ever-increasing competition. Being vigilant about new marketing techniques and implementing them positively always helps marketers to stay up-to-date in their trade. Being in tune with new trends and marketing techniques at all times helps marketers to move with the times. Doing so can positively impact conversion rates for their businesses.

Wednesday, November 03, 2021

How Affiliate Marketing Generates Revenue

Affiliate marketers in a conference table with notepads, smartphones and mugs of beverages.
Affiliate marketing is a quick, inexpensive and very effective way to make money online. It quickly helps marketers to be their own bosses. With affiliate marketing you can stave off many business hassles associated with working for someone else, actually selling a product, worrying about customer feedback, or customer service. Every marketer works to earn money and affiliate marketing is no exception from that rule. An affiliate earns a commission if he helps to sell products from products merchants. There are multiple ways in which this affiliate commission can be calculated. It can be fixed or a percentage of the profit made by the product merchant on pre-agreed terms. It is all about commissions, commissions and more commissions. That’s where the revenue is. Generally, affiliate marketing generates revenue in the following ways. 



1. Pay-Per-Click, PPC: With PPC, what an affiliate does is to redirect buyers to a merchant’s website. The affiliate simply needs to perform deliberate actions that can lead a buyer from the affiliate’s platform to the merchant’s website. It is all about redirecting traffic from the affiliate’s website/platform to the product merchant’s website. Once a click is made on the merchant’s website, the affiliate earns a commission. That means the merchant pays the affiliate to simply help increase traffic to the merchant’s website.

2. Pay-Per-Sale, PPS: With PPS, a commission is earned only when an actual sale is made. It entails paying a commission to the affiliate by the product merchant in terms of a percentage of the sale price of the product/service being promoted. In actual fact, a buyer must actually buy a product for an affiliate to get paid a commission. Characteristically, this appears to be the standard mode of payment in most affiliate marketing arrangements.

3. Pay-Per-Lead, PPL: With PPL method of compensation, what an affiliate needs to do is to drive the conversion of leads. The main job of the affiliate is to lead consumers to the merchant’s website to make them complete a desired action. Such actions could include but not limited to signing up for a trial, subscribing to a newsletter, filling a contact form, downloading some software or a combination of several other desirable marketing actions.

 

Generally, Affiliates can only make money if they are running a good blog or they are influencers with a large following/audience. Many affiliates are known to market specifically to a niche audience that they command a lot of influence over. If they promote products based on the interests of their target audience, they get better conversions. An affiliate or a publisher can be an individual, a group of people, or a company that markets the product/service of a merchant to prospective customers. The affiliate simply plays a role in helping consumers to make their buy decisions and he earns a commission from these efforts. An affiliate helps in persuading and influencing the decision-making process of the consumers, appealingly. Affiliates earn commissions as sales are being made through these efforts.

Monday, January 13, 2020

Affiliate Marketing Tips to Generate More Revenue Online

A computer with dollar bills floating out from the screen.
No matter how experienced you are in affiliate marketing, you can always make good use of new ideas and tips to enhance your business. Good tips are always essential to develop new affiliate marketing plans. Affiliate marketing has proved over time to be a great way to build your own business and earn some decent revenue online.

Here are a few tips some expert marketers recommend.

Text Services

 
Use of text services may be a relatively new strategy, but it has been proven to help affiliates to do well in their marketing efforts, a consequence of which they tend to earn more commissions. More and more affiliates are using text services to generate more business and more revenue.



Relevant Links

Make sure your links are relevant to the theme of your site. This is because when a visitor hits your cookware-themed site for instance, they naturally expect to see massages relating to cookware in the main. Thus, if your affiliate links are unrelated to cookware, they are not likely to be very effective in your marketing efforts. For better effectiveness, you must ensure that the types of business you affiliate with are visibly associated with the content on your site.  That is what guarantees more clicks on your links.

Products Layouts

Pay some attention to how you place products in your links while setting them up. That allows you to ensure that the layout of your affiliate links is user friendly, attractive and eye-catching. If the products layout is appealing, it helps to increase the number of clicks to your site, which in turn helps in leads, purchases and business profits.

New Products

It is advisable to always affiliate with a business that is always putting out new items. If you are affiliated with a business that has several products and keeps listing new ones, it increases your chances of earning reliable and continuous commissions.

Target Audience

You must endeavor to know your target audience and what your goals are before selecting affiliates. Doing so allows you to direct your content message and products ads very appropriately. That somehow helps to increase the effectiveness of your message. If your message is effective, the direct consequence is that it will help to build the much needed traffic to your website. That is what gives the impression that you really understand the wants and needs of your target audience, and the audience reciprocates appropriately by clicking on your ads. Once you have determined which products you want to promote for your affiliate partner, next is to ensure that your marketing strategy is directed towards the appropriate and relevant audience. Very valuable experience has shown that inexpensive products tend to achieve better success when promoted across lots of markets. Conversely, the more expensive a product is, the more it relies upon focused and intense selling techniques. Knowing these simple tricks greatly enhances the success of your marketing efforts.



 

Paid Ads

Paid ads may not all lead to a waste of money if you know what you are doing. If you use the right ones, you save money but get good results. Many expert marketers advise using paid ads, like Google Ads. That helps to get more ads mileage on every cent you spend advertising.  With very low ads expenses, you can make more money in your affiliate marketing programs. With Google Ads, you can better target the right kind of customers which will increase traffic to your website. That helps to get you more leads, customers, purchases and profits.

Affiliate Support Services

If you do business online, it may surprise you to know that many companies through research efforts know what you are doing. They are kind of watching you and your business most of the time. By same token, you too can deliberately search for an affiliate program that believes in supporting you. That is one very valuable asset for you if they treat you like a valued partner. Through this relationship, you get to know and use some specific marketing tools which are very effective at converting customers. Some affiliate companies do share their very valuable data with affiliates. That enables such affiliates to customize their campaigns, in order to sell more products and earn more commissions.

Affiliate Perks

Affiliate perks tend to differ from one Affiliate Company to another. Affiliate marketing is one of the most popular and effective ways to get results from your online business. Since Affiliate marketing programs tend to be more effective than most traditional advertising strategies such as contextual network advertising and ad banners, many programs offer diverse perks to affiliates to attract and retain them. These perks range from the volume of commissions payouts, frequency of payments, type of payments, methods of payment, currency of payment, types of ads links, ease of site navigation and even program popularity.

Banner Ads

If you are using banner ads, find some ingenious ways to entice visitors to click on your ads. You may choose to put an interesting question or piece of trivia in your banner ads then set it up so readers need to click over to your site for the answer. That acts like some kind of click bait to lure visitors. In the same vein, many visitors like to click on a banner for a game or an interesting quiz. Asking visitors to click on banners to get rebates, discount coupons and suchlike incentives is also very effective.

Screen Shots

 
It is now an effective marketing gimmick to add the screen shots of your product in action to your advertising. Adding testimonials from customers who use it gives an added effect. Every bit of helpful information you give to a potential customer nudges them a little further to taking a buying decision and or making a recommendation to others.

Affiliate Networks



 

One proven and effective affiliate marketing strategy is to make use of affiliate networks whose track records are known. It enhances your ability to connect webmasters to the advertisers who will actually benefit them.  Choosing networks that have a decent reputation based on their performance in the quality of the match-ups they make between affiliates and businesses somehow helps the reputation of your affiliate business. That is because the reputation of your business is often connected with the webmaster's reputation.

Many Affiliate Partners

A very effective affiliate marketing strategy is to collect as many reputable partners as possible to work with. A variety of partners helps to broaden and diversify your business. Variety is not only the spice of life, but also with products and your affiliates too. When there is diversity in affiliate products, it somehow helps to hedge your business from losses or even failure. Anytime you lose an affiliate, you have a reliable and dependable bank of others to draw on. If you have the attention and space available to advertise more products, it is easy to do so with many affiliates.


 

Friday, November 29, 2019

How to Retain High-Performing Affiliates

Affiliate marketing work station with working tools, computer, Tv screen, flowers and calculator.
Among experienced marketers, affiliate marketing now has a reputation for boosting conversion rates, strengthening brand awareness and helping to increase search rankings. This comes about as a result of the highly rewarding partnership between Merchants, Affiliates and Consumers. Merchants rely on Affiliates in the mold of bloggers, publishers and influencers who act as steadfast promoters of the Merchant’s products to attract Consumers/buyers. It becomes a win-win situation for all the three parties involved in the partnership if it is well deployed as a business strategy. That is the reason why businesses always seek to nurture and retain high performing affiliates as business partners.

Find below some very simple ways you too can nurture and retain high-performing affiliates for your business.

Provide Valuable Incentives: Yes indeed! Business persons give incentives for a reason and it is always for the benefit of their businesses. To attract new affiliates and to keep them engaged even after the initial deal, some high-value incentives come in very handy. From experience, some of the best affiliate marketing incentives out there include but not limited to giving affiliates special discount codes and offering them competitive commission rates. Others include giving them extra freebies and branded business paraphernalia like caps, T-shirts, key-holders, mugs, tea cups, notebooks/pads etc.



 

Reward High Value Affiliates: A valuable reward system is also an effective business incentive some of which may be intangible and immeasurable gestures like simple “thank you” notes and remembering anniversaries with tokens. If feasible, occasional telephone calls are also helpful. That is in addition to occasionally giving away gift cards, freebies and bonuses. These token gestures amazingly go a long way to show affiliates how much they’re appreciated and valued.

Focus more on the Positive: You must learn to focus more on the positive if you want to build enduring business relationships. Yeah, everyone gets to make some mistakes once in a while but that shouldn’t take away the good they’ve been doing all this while. It pays better to focus more on the good while doing everything to avoid greed and presumptuousness. In a business partnership, ensuring everyone gets their dues out of the relationship is what helps to nurture the relationship. Consciously making decisions with utmost respect for what benefits all parties is what helps business relationships to blossom.

Recognize Affiliates Success: Everyone likes to be recognized for what they do if they’re doing it well. It is not out of place to share in the success of your affiliates by helping them to showcase it in whichever way you can. That makes them proud and willing to continue to be in partnership with you. It can make other marketers easily notice their efforts thus engendering more business referrals for such affiliates. Since referrals can have two-way benefits, appreciated and grateful affiliates are much more likely to recommend your business to their fellow publishers, bloggers and influencers. That helps in no small measure to grow your business reputation. As a marketer, reputation can sometimes be the key that unlocks the real growth potential of your business. You can retain affiliates if they genuinely recognize their own benefits from that growth potential.

Foster Seamless Partnerships: Uncomplicated partnerships have a very strong way of making all the partners happy and contented. Working with unpleasant, presumptuous and difficult partners is usually not good for business. The best way to keep a partnership relationship alive and in good stead is to always be open and transparent in your communications with your partners. That helps to keep everyone in the relationship well informed and comfortable. If you habitually act unpleasantly, difficult to reach and generally evasive, it is difficult to foster seamless partnerships.

Provide Affiliates Valuable Information: Good communication is always vital in partnerships. Content marketing affiliates thrive on providing high-value content to the users. Without it, they find it very difficult to attract the needed traffic to patronize their partner-merchant’s products. So, it behoves on merchants to provide affiliates a hefty flow of valuable information relating to the products they are marketing. That enhances the ability of such affiliates to churn out very valuable content for the benefit of the products. When merchants provide good information to help affiliates write high value content, it also helps to ease up their writing and ability to produce more content at faster rates. That helps to nurture and maintain the partnership in good stead.

Partner only the Right Affiliates: It is best to work only with affiliates who like your brand and are ready to identify with it. That is the only way they can get to represent your brand adequately. It helps a great deal therefore to start off your partner relationship on a very strong footing by working only with affiliates who make sense, are easy to work with and capable of providing real value to your business. No doubt you are aware life is a whole lot easier when you’re doing what you love doing and working with people you actually want to work with who share your ideals about your business and your brand. When you work with the right persons as affiliates, sustaining such relationship and benefiting from it is a lot easier.

Involve Affiliates in Company Promos: Why not? They are your business partners remember? When your business has a promo going, making available to affiliates promo paraphernalia like branded mugs, key-holders, stickers, t-shirts, caps, etc. is one great way to get them interested and be fully involved in your promo efforts. As a business owner, you get to benefit from giving affiliates these items in several ways. Firstly, they help to incentivize your affiliates and make them feel appreciated for being part of your business. Secondly, the products help to put your affiliates in good stead to effectively promote your product/brand on and offline. Your business can actually get immense benefits from such promos if influencers actually get to lead the way in your promos. You must however ensure that all persons in the partnership get their full measures and benefits accruing from the promo. That is what helps to nurture the partnership.

Work Only as Real Partners: As marketing experts always like to say, genuine partnerships yield better results. There must be mutual respect and understanding for real partnerships to yield these results. Affiliate marketing partnerships work well when all parties to the relationship are rewarded appropriately in line with the partnership understanding. Anything short can lead to a sour relationship among the partners, particularly when one partner wants to take undue advantage of the others by scheming to get more out of the arrangement than the others. To promote better affiliate relations, a merchant should never try to eke out free promotions from other partners. Every partner must transparently be on board and rewards due to everyone from any promo appropriated transparently as well in line with the partnership understanding. That is what real partners do that helps the partnership to endure and benefit all parties.



 

Pay Affiliate Commissions Promptly: All business persons work to get benefits from the work they do. For affiliates, the commissions they earn serve as such benefits. Product merchants must never lose sight of the fact that their affiliate partners put in a lot of work and effort to promote their brand. This they do by constantly producing engaging content to grow their followers who patronize the products thereby helping merchants to grow their businesses. These affiliates deserve prompt and adequate rewards for their efforts. For that reason, merchants must endeavor to always keep them as active members of their payroll making sure they are remunerated in line with agreed terms and promptly too. That helps to motivate them well enough to enable the partnership endure.

Provide Free/Discounted Products for Trials: Influencers are opinion molders and the people who follow their lead do so out of trust. Because merchants should not expect every affiliate partner to automatically share their passion for the product/service they are marketing, these affiliates deserve to have a foretaste of the free/discounted products from the merchant. That puts them in a better stead to genuinely promote the products. You get much better results as a consequence of that.

Adopt Structured Commissions Payment: This is one great way to reward affiliate partners in direct proportion to their efforts. In online affiliate marketing compensation plans, it is well known that not all links, promotions, and conversions should pay the same. This is because some of these promotional efforts require more time and effort from affiliates than others. The real reason some need to be better compensated than others. Some merchants deal with this problem by using a tiered commission structure. That way, different affiliate actions garner different rewards. For instance, some merchants tend to pay more commissions if the consumer opts into marketing e-mails after making a purchase or if they convert a new customer rather than a repeat customer. That is why it makes a very good business sense to tier your affiliates’ commissions payment based on performance. That means, you’ve got to pay top performing affiliates more than others thereby incentivizing all your affiliates to work harder for their pay. Business-like no doubt!


Tuesday, May 07, 2019

How to Earn Money and Authority by Blogging

A wad of $100 Dollars Bills.
If you are in internet business and you don’t have a blog, you are missing out a very vital business boosting activity on the internet. You may already be aware that blogging offers amazing opportunities to build authority and earn income online for any business you are involved in. What counts in blogging is your expertise and how you can convey it for others to benefit from it. Everyone knows at least one thing better than others. That is where they have their expertise. For that reason, it is possible to blog about any and everything on this planet. What counts most is to carefully choose a niche where you are really grounded in knowledge then start writing about it. You can establish authority faster with a specific issue meant for a specific audience than to dabble into all sorts of topics meant for no particular audience. Just write well and write about what you know well. That is all it takes. With sustained efforts and time, your blog can grow into a real business. When it becomes popular, it is capable of generating real income for you and positioning you as an authority in your chosen niche.

Here are some tested and proven ways you can use your blog to gain authority and make money.

#1. Google AdSense display ads

When your blog is fully established with good traffic, you can apply to Google to get Adsense code. Installing this code in your blog allows Google to display ads on your blog. You get paid per view and per click each time a visitor clicks on these Google Adsense ads. If you can drive enough traffic and generate clicks, the money you earn can really begin to add up real good.



 

#2. Video Ads

If you have a sizeable followership on social media sites like YouTube or Instagram, you can also embed codes on the videos to earn money from clicks. If you know how to, you can either create short videos showcasing the products/services being advertised or you use ready-made videos provided by the companies you are helping to market.

#3. Affiliate Marketing

This is one very popular way to earn money online using affiliate programs. Adding affiliate links to your blog posts is another great way to monetize your blog. These affiliate links are displayed in your blog through banner ads and native ads. If any sale is made through these links, you get paid an agreed percentage commissions by the advertiser. A great way to make money online if you know the ropes!

#4. Selling Blog Ads

If your blog becomes very popular and well known, you can sell ads spaces directly to advertisers. Even though it may take time and consistent effort to establish yourself as a trusted resources center, it pays off on the long run if you manage to build your personal or business brand, and maximize your audience reach and performance in the process.

#5. Selling eBooks

This is one great way to build and establish your expertise online. As your authority and expertise grow, you can then start to produce eBooks and online courses for sale. With eBooks and related courses, you can explore deeper into any subject or material that matters most to your audience. That way, you can offer exclusive content that isn't readily available on your blog through the eBooks. Once your readers recognize you as an expert on the subject matter which they relate well with, many will be willing to pay a premium for more information from you.

#6. Expert Consulting

Many bloggers have discovered that you can use your blog to position yourself as an expert in any field. When you become recognized as an expert in any field, naturally people always want to know more from you and many are willing to pay for it. If that happens, you have become a paid consultant. You can then start to offer coaching services directly either through eBooks or webinars. As a coach, you can offer guidance and counseling, strategic thinking, advice in getting things done or learning some skills.

#7. Selling Ad Space in a Newsletter

 
By the time your blog becomes very popular, it is smart to have an email newsletter associated with it. Good quality and highly information newsletter is best. If the newsletter has a high subscription, you can sell ad spaces on it for extra income. What works best is to have a sizeable mailing list with fairly high engagement rates. The money rolls in as a result of the ads you run for advertisers.


Thursday, April 18, 2019

Why Ecommergy is a Great Product for SFI Affiliates

Ecommergy sign projected on a blue screen of a white computer surrounded by flowers.
Great price. A full-access monthly subscription is available for just $9.97 (just $.33/day) and comes with 480 VP. Or, for just $19.97, you can get a premium subscription that comes with 962 VP and marketing samples. And if you want to go straight to EA status with 1500 VP, you can choose our $29.97 premium subscription (less than a dollar day!) that comes with even more marketing samples. More on ECommergy marketing samples later.

* Maximum "bang for your buck." That is, with an ECommergy subscription, you get the most VersaPoints and CV for your dollar. Instead of $36.25 for a 1500 VP amount of TCredits, for example, you get that same 1500 VP with just a $29.97 subscription, a savings of $6.28 a month/$75.36 a year.

* Get into profit fast. If you have a subscription, with our 100% CV Direct Commissions, just two sales a month puts you in profit. And if you're focused on selling ECommergy subscriptions, your profit can keep growing monthly via recurring income from the previous subscriptions sold.



 

* We LOVE TCredits and so do our affiliates...which explains why it's our #1 selling product BY FAR. However, games and auctions (the primary uses for TCredits) aren't for everyone. Also, TCredits are often, especially to new affiliates, confusing and nebulous. A subscription to a product like ECommergy, on the other hand, has clear benefits (i.e. you've just started an ecommerce business; what better than to have experts in ecommerce showing you the way to success and profits?!). Indeed, it dovetails exquisitely with being an SFI affiliate!

* With it's clear benefits, ECommergy subscriptions can become a real focal point for your team in SFI. That is, focusing on this product and promoting this product within in your group may deliver great energy and momentum. A clean, simple product–needed by every affiliate and consumed monthly–is a recipe for growing a big team and big commissions. Choice is great, but a single-minded FOCUS can be an extremely powerful elixir.

* Great prospects are everywhere! There are tens of millions of businesses across the world, both online and offline. And almost everyone needs what ECommergy will be providing. Think locally-owned businesses all over the world. Every one of them not using at least some form of ecommerce (e.g. using social media for marketing), is leaving potentially vast sums of money on the table every year. It's an Internet world. A huge and growing percentage of adults worldwide have a smartphone and access the internet regularly. Businesses that don't cater to these customers are missing out and are being squeezed out by businesses that DO. An inexpensive ECommergy subscription is the smart remedy!

* ECommergy is a 100% digital product. So there are no shipping costs or hassles, and delivery is instant worldwide. When you sell a subscription (or give someone a free trial subscription–more on this in a moment), your customer can be enjoying it within seconds, no matter where they live in the world!

* ECommergy comes paired with a powerful and unique new marketing system we've built to make generating sales of subscriptions (and the recurring commissions that come with them) simple and easy! See full details on the marketing system in the section below.

* There are of millions upon millions of people across the world that would love to learn how to make money on the internet. And, yes, SFI offers a superb online opportunity, but there's a big difference with ECommergy. When you market ECommergy, you're not marketing a "biz opp" with all the attached stigmas. No, with ECommergy, you're simply marketing solutions for those who'd like to get started in ecommerce (or expand their current ecommerce efforts). So share away with family, co-workers, friends, etc.! And maybe best of all, you can market subscriptions to ECommergy with zero obligation with the free trial "day passes" which is a key component of our powerful new marketing system. 


 

* With a standard subscription at just $9.97, instant access, and no shipping costs, sales can happen much easier than with many products. Indeed, a less-than-$10 item is practically an "impulse buy," a product that many prospects will be happily willing to try and continue to subscribe to every month.

* An ECommergy subscription is not some "frivolous" product that is quickly consumed and forgotten about like so many products people buy. On the contrary, an ECommergy subscription can truly be invaluable and can represent an investment in one's future. And people love to invest in themselves because of the potential future returns on their investment. When you sell a subscription to ECommergy to someone, feel great, because you may have given them a life-enriching, life-changing gift!

* ECommergy dovetails perfectly with Localvantia. Ecommerce is growing by leaps and bounds every year, yet the majority of retail businesses have not yet put ecommerce to work for them (to their detriment). You now have TWO powerful products, in Localvantia and ECommergy, to offer to local vendors to help them and you both to boost your earnings.


Article Source: SFI Blog