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10 Proven Strategies to Unlock Your Affiliate Marketing Potential

If you are in affiliate marketing to earn a second paycheck or passive income, don’t ignore the right strategies that can help you to your g...

Showing posts with label influencers. Show all posts
Showing posts with label influencers. Show all posts

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.

Tuesday, October 05, 2021

7 Tips to Grow Your eCommerce Store

Online payment from out of an eCommerce store with a credit card and a computer besides some packaged goods.
These days, as more and more people resort to shopping online, the world of eCommerce is growing in tandem. As more people get involved in establishing eCommerce stores, the competition grows too. Typical of any business characterized by free entry and free exit, everyone does everything to stay put there and to grow their eCommerce stores no matter the competition. If you run an eCommerce store and you want to enhance it particularly with growth in sales, don’t ignore these here tips.


 
1. Make Your Purchasing Process Simple

Yeah, no shopper ever wants to go through a complicated shopping process when they shop online. For this reason, you must put everything in place to make shopping out of your eCommerce store very simple. If you don’t, major stores like eBay and Amazon who have perfected quick check-out processes and even same-day shipping of products can quickly crowd you out of business. That is why it is hugely essential to make sure your customers go through a simple and seamless process when making any kind of purchase from your eCommerce store.

2. Make Your Customers Your Priority

Your eCommerce store cannot remain open and functional for much too long without customers. You can only keep it open and functional if you have customers that are actively purchasing from it. Your customers are therefore your most important assets in your bid to grow your eCommerce business. The reason, you must make them your number one priority. You can do this effectively by exploring any and every way to show them you care about them. Directly engage them and respond quickly and satisfactorily to their concerns and inquiries at all times. Always ask them for feedback through email surveys or in the review section of your store. Directly engage them on social media and pose such questions that will elicit responses from them on how best your business can better serve them. Specifically, you can find out how much your products suit their needs and how you can improve on their experience with your products and even on your eCommerce store.

3. Create an Online Sales Funnel

A great way to enhance your eCommerce store is to create and maintain a sales-funnel online. You can do this by paying special attention to the process a customer goes through from the time they first land on your website to the time they make a click to purchase a product. Making that process fluid and smooth can help to create an effective sales funnel for you. A fluid and effective sales funnel ensures that when your customers land on your website, they take the exact track you want them to take and they do what you expect them to do. Carefully examine and analyze your current sales funnel and find out if it effectively does what you expect it to do to enhance your store. Determine what has been working and what has not, then figure out what you can tinker with, remove or replace with something new and better. What matters is to get good results even if it means thinking strategically and stepping outside the box and trying new and better things to get the results you want.

4. Build Relationships with Influencers

If you can form impactful relationships with relevant Influencers in your niche, so much the better for your eCommerce store. By definition, Influencers are individuals who already have a large following on social media, or have high website traffic, or have a substantial email list. You can reach out to such influencers to help promote your affiliate links or to help post your sponsored content to their numerous followers. Of course that comes with some trade-offs in form of commissions but why not considering the huge traffic volume good influencers are capable of attracting to your eCommerce store. Through affiliate marketing, you can tap into Influencer’s networks to have your content or products reach their wide audience. Your eCommerce store benefits from increased traffic and enhanced sales figures.



5. Engage on Social Media

Yes indeed! Social media is where nearly everyone around the word is at right now doing their own things. There is no doubt your customers are having a conversation right now on social media. Your duty is to find out where they are talking and get yourself involved. Engage with them real time. One great way to continue building trust for your business is to engage your customers on social media. By doing so, you give them a real feeling of being heard and valued as if they are a part of something that is bigger than themselves. Better trust always means better business out of your eCommerce store.

6. Explore Remarketing Tactics

Vigorous marketing is hugely essential in any eCommerce business. You can deliberately deploy ads retargeting tactics and you’ll keep getting good results over a prolonged period of time. If you have proper pixels set up throughout your website, you can effectively monitor a buyer’s journey. With proper remarketing tactics, ads from your eCommerce store can be shown on various websites and social media platforms to remind shoppers who were earlier in your website exactly where they were in their buying process. Once your remarketing ads are set up and running, no matter which website the shoppers currently are, they can simply click and proceed with their purchase.

7. Offer a Loyalty Program

Yes, everyone loves rewards. You can always offer a loyalty program out of your eCommerce store that provides incentives to those customers who have been loyal to your brand and you’ve built a long-lasting relationship with them. Many of such customers are always returning customers. As returning customers, you can arrange to reward them with discounts or some other freebies. In return, such rewards will further help to induce more loyalty from the customers. The rewards will ultimately make the customers feel more valued thereby helping you to improve on your customer retention rates. That no doubt can greatly help to grow your eCommerce store.

Sunday, August 01, 2021

Online Business Ideas for Enterprising Entrepreneurs

Online work station with a computer, smartphone, notepad and pen.
Because of the peculiarities of the internet, online businesses stand very good chances of taking off and flourishing even amidst present day business restrictions as a result of covid-19 pandemic. The internet now greatly enables everyday business activities such as selling, promoting, marketing, advertising, shopping and such like business activities. Human activities in this vast digital space are by remote participation in the virtual realm. If you want to do business online and you are enterprising and creative, hereunder are business ideas you can start on your own to make money.



Influencer Marketing

Becoming a social media influencer is now a great business opportunity. Once you have been able to build a sizeable following on social media, you can become an influencer and make money. You can help promote all kinds of products through endorsements and recommendations to your social media audience. Particularly on Facebook and Instagram, product merchants can always court your endorsements if your audience is diverse and large. Influencers are some sort of celebrities and the bigger your name becomes on social media, the more promotions and paid sponsorships come your way. That translates to money in the short and long term.

Online Dropshipping Store

Creating a dropshipping store is one of the best hassles-free ways to start a business online. It is fairly straightforward to do.  Business owners who use the services of dropshipping stores tend to sell more products at reduced costs. The reason is simple. Dropshipping cuts out inventory fees or shipping logistic payments. Here is how. The moment a customer places an order on a specific online site, the dropshipping supplier receives the order number from the virtual store and starts preparing it for shipping. Next, the customer’s package arrives from the dropshipping supplier thereby eliminating the need for the seller to handle it directly. That helps cut handling and inventory costs on the part of the supplier. The dropshipping store earns income from the services it renders to products merchants as well as buyers.

Language Translation Services

Many transnational businesses need the services of language translators in many of their day to day activities. For this reason, there is presently a huge need for language translation services around the global world of business. This service can be rendered in form of translating a document from one language to another or in spoken form as part of international business negotiation teams for most corporations. If you are bi-lingual or multi-lingual and you are seeking a new online business, language translation services is one perfect niche you can fill.



Blogging

Blogging is a very popular form of content marketing online. You can blog for fun or blog for business depending on the niche of your expertise. Among digital marketers, blogging is one great business opportunity because you can blog about almost every issue on planet earth provided you have the expertise. If you have and you are able to create high quality, educational and informative content regularly, you can build a formidable following with time. To do this, you can promote your blog on websites, directories, social media and any other online channels to help grow its following. Once this following becomes big, it can garner attention from some major brands in your niche industry. Through these industries, you can get offers for paid promotions, sponsorships and endorsements on your blog. That translates to money to be made.

Wednesday, May 12, 2021

Effective Ecommerce Website Marketing Tactics

Dollars notes virtually floating out of a smartphone screen.
If you have an Ecommerce website, you must promote it to get good business. First is to decide on credible and effective ways to promote the website. This requires the use of the right digital techniques/tactics to drive sales. The effectiveness of these techniques/tactics depends on how well you are able to use them and for what purpose. For these techniques/tactics to be of help to your business, below is what they must be able to do and do affectively well to drive more sales to your Ecommerce shop. They must be able to:



• Nurture your website visitors into subscribers and the subscribers into Customers
• Get prospects back to your website through remarketing
• Grow your Email list
• Create a series of style or how-to Videos
• Capture abandoned shopping carts with an exit-intent pop-up
• Send shopping cart abandonment Emails
• Work with Influencers in your Niche
• Create highly valuable and informative blog Posts
• Create downloadable Offers
• Host giveaway Events
• Create Pinterest-specific Images
• Upsell and Downsell with every opportunity
• Send Wishlist reminders
• Ask customers for Reviews  
• Place such reviews strategically
• Generously share user-generated Content
• Create great power posts for the benefit of onsite SEO

Doing these things well and consistently will not only make your Ecommerce store highly visible, the site will as a direct consequence also benefit from good traffic, leads and sales. Why not get your hands on the plough now and give them a try?

Sunday, April 18, 2021

20 Best Instagram Marketing Tips for Social Media Marketing

Red Social Media Marketing banner held aloft.
For most social media marketers, Instagram has become an indispensable visual marketing platform. It comes with very powerful tools social media marketers find irresistible in their marketing activities. Any marketer who is desirous to convincingly tell his brand’s story, engage with customers, gain leads, and positively drive sales, Instagram is where to be and these 20 tips are very handy in that quest.

1. Set Up Your Business Account

Marketers can hardly experience the full potential of Instagram and benefit from its free tools unless they have a business account. It is therefore advisable to follow the prescribed step-by-step process to set up a business account of your own on the social media platform. It is only by doing so you can get to benefit maximally from the social platform’s most powerful features reserved for business users only.



2. Enhance your Business Profile

To enhance your business profile on Instagram, just follow the rules. Be sure your profile is brief enough and packed with sufficient aesthetics to be eye-catching. That is what helps to arrest the attention of users even if they are scrolling by very fast. Be sure the info you supply is within to the required limits and give the correct info only in the spaces provided. That is what helps to enhance your promo activities.

3. Use Eye-Catching Profile Photo

If you want to market successfully on Instagram, your branding efforts matter a lot. Consistent branding is vital to building credibility and earning the trust and loyalty of prospects and customers. Be sure your profile photo and or logo have the right aesthetics, sizes and are sharp enough to be attractive and appreciated by your users.

4. Create an Aesthetic Theme

A good aesthetic theme helps your branding and business credibility. You never know who will come around to view our profile. Whosoever they may be, your duty is to ensure they like what they see when they get to your profile. If you establish and follow an aesthetic theme, it creates coherency and somehow communicates a sense of professionalism for your business. In addition, an aesthetic theme helps users to quickly and confidently recognize your brand’s posts in their feed. That is good for branding. Your aesthetic theme doesn’t necessarily have to be too loud. What you need is simply a subtle visual thread that connects your posts well enough to boost the all-important brand awareness and recognition for your business.

5. Clearly Identify your Goals

It is not advisable to kick-start your Instagram marketing efforts without a very clear objective/goal. Using Instagram to market your business without clearly defined goals is like driving in an unfamiliar and uncharted territory without a map. Be sure to have a clear goal and a good strategy in place to achieve the goal(s). Build your goals around growing an audience, brand awareness, getting leads, making sales and growing your business.

6. Understand your Audience

You can better market to your audience if you know them well enough to be able to segment them for marketing purposes. The demographics to target include age, educational background, location, gender and such other important info that will enable you to package a marketing message for the right audience. The type of product or service you are marketing will also depend on what you know about the demographics of your audience. Not only do your target audience’s demographics define your content strategy, but they also play a major role in your sponsored advertising approach.

7. Know your Competitors Well

Experienced marketers like to advise other marketers to always keep an eye on their competitors. Be sure to follow what they do and how they do it. If you do a detailed competitive analysis, you can get to find out how other successful marketers in your niche benefit from Instagram and how they use it to their maximum advantage. The main aim of a competitive analysis however is not to just replicate what other marketers are doing, but to uncover what resonates with your own target audience and to recognize any untapped opportunities you can tap into for the benefit of your business.

8. Market with the Right Hashtags

The use of hashtags on Instagram helps boost business visibility. The platform may allow you to use up 30 hashtags per post but what you really need is fewer than 10 hashtags per post (depending on the length) if you don’t want the content to appear spammy. Be sure to use only hashtags that relate to your post.  Avoid hashtags that are outside your niche or overly baiting. It is best to create and use your own campaign-specific hashtag. That is usually a more effective way to increase engagement, reach new audiences, and boost your follower count on Instagram.

9. Engage With Your Followers

Always remember that Instagram is a social media platform. If you want people to engage with your content, you must engage with theirs, too. Do not ignore user comments, questions, enquiries, likes and so on. Just keep the conversations going. That is what matters most in social media interaction. How you engage with other users contributes to your brand’s voice and relevance. Be consistent and appropriate in your engagements. If things escalate as they are most likely to do once in a while, do not cut the discussions. Explore the possibility of continuing the discussions privately maybe through direct messages or via email. Whatever the situation becomes, just be sure to keep the discussions going with the other parties in a civil manner.

10. Emphasize Visuals

Instagram is largely a visual social media platform. This means you must market to please the eye by using visual elements to attract, engage, and inform your target audience. Make sure you are real and the photos you post are real, authentic and visually attractive. People generally like to connect with people and you can connect better with Instagram users when they perceive you as real, natural and authentic. For this reason, the photos you post must be well focused and eye-catching. Your videos must be sharply focused, with closed captions, well lit and clear in audio. Your graphics must be crisp and easy to load.

11. Generously Share User-Generated Content

It is usually too tasking for a marketer to create and publish high-impact Instagram posts daily. There is a credible strategy you can use to get around that and still be able to have access to excellent and authentic content. That strategy is by deliberately sharing user-generated content. That is one great way to directly involve your customers to build a great community of active and interactive participants on Instagram. This relationship is mutually beneficial to all parties. If any of your customers publishes a high-quality image relevant to your brand, you can re-share this image to your business’s profile with a clear credit to the original poster by tagging their username in your own caption.

12. Convert Followers to Customers

Your first major assignment on Instagram is to build a credible following. Once established, you can strategically begin to convert them into loyal customers. This you can do by baiting them with promo deals and discounts, new products, running contests and special marketing treatments and so on.

13. Plan your Strategy with Marketing Insights

Marketers always have access to in-house Instagram insights. From these insights, they get to know the key performance metrics of their business. These key performance metrics include, engagement, post reach, follower demographics, impressions, and the number of views your Stories get. These are the key metrics marketers rely on to formulate marketing strategies and to refine existing ones. As a marketer, the more you know about your followers and what resonates with them, the more you can fine-tune your content to meet their needs and expectations. The insights from past marketing activities are thus very vital for marketers to plan for and work for the future.

14. Write Compelling Captions

Because Instagram is largely a visual medium, it is very important to write good captions for your marketing business. Just as is expected of the images you are using, your captions must be bold and compelling enough to reflect your brand’s personality and maintain consistency across posts. Keep an eye on the characters you use and the length of your captions. Typically between 100-150 characters is recommended. The shorter the better but it must be sufficiently informative since only the first two lines of your text appear in the feed. After these two lines, users who are interested in the rest of your text must click “more” to read the rest.



15. Take Advantage of Free Instagram Tools

The power of Instagram lies in the tools it makes available free for business owners. Many of these tools are tools created by third-party companies to enhance Instagram for business users. If you want to create high-quality and high-impact images, you can use Canva. You can use Caption Writer to format your business captions for maximum impact. You also have access to free photo editing tools and others.

16. Market with Paid Ads

Instagram ads are hugely effective because they can be targeted to specific demographics and they appear in both users’ feeds and Stories. Depending on the size of your marketing budget, you can also pay for and sponsor ads on Instagram. Sponsored ads can be highly engaging, appeal to your target audience better and can include CTA, Call-to-Action. That is what makes them to be highly effective. When you advertise on Instagram, do not forget that the visual is key to the effectiveness of your ads. When you sponsor ads, be sure that your caption is strong enough to compel your audience to take action. That is complimented with great images/graphics that can make your audience to stop scrolling and spare a bit of attention to what you are offering.  

17. Be Consistent

From experience, it appears consistency is readily one of the most important ingredients for effective Instagram marketing. If your audience knows you make posts regularly, you earn valuable credibility. Consistency in making valuable and informative posts helps to enhance your engagement with your followers, run ads and build your following. Growth may be slow in coming but persistence ensures that it comes.

18. Open an Instagram Shop

If you have your own products to market, Instagram allows you to set up an online shop to directly market your products. However, you can only do so if you have successfully set up a business profile on the platform. In addition, you can tag products in your posts so that users can have the opportunity to instantly purchase any products that catches their fancy since they access your shop via your profile, their feed, or Stories.

19. Publish Content at the Right Time

Depending on the demographics you are targeting and the part of the world you are marketing to, timing your posts on Instagram tends to get very good results. Timing of posts aims to target the best times for driving engagement depending on the product, niche and need requirements.

20. Market with Influencers

There is credible evidence that many Instagram users make their buy decisions based on influencer recommendations. It is smart marketing on Instagram therefore to market with influencers. But first, the decision must be taken on who you want to target and market to. That is what helps you with the kind of influencer you need to approach. Generally, the size of followers an influencer has is a foremost consideration in deciding which to work with. An Influencer with say 5000 followers is not in the same league with the one that has 5 million followers. This directly affects marketing campaign costs because the more followers an influencer has, the more your marketing campaign will cost. Next is to determine what kind of influencer the audience you want to market to trusts. Influencers’ charges are based mainly on two parameters. They can charge for sponsored posts to their audiences, and if they directly recommend or endorse your products to their audiences. If influencer marketing is properly set up on Instagram, it can generate very good returns on investment.
 

Wednesday, April 07, 2021

Social Media Tips for Retail Products Marketing

Social media platform logos arranged arround a thumbs-up sign.
Marketers generally expect retail products to move very fast in the market even as retail products consumers buying habits change from time to time. In recent times, more and more retail products consumers are shifting towards online shopping. What this means for marketers is that they need to promote and market more online. Marketing retail brands really needs this shift in focus particularly on social media marketing.

Here are some tips and tactics expert marketers recommend.

Stimulate Growth with Social Campaigns

With online space rapidly supplanting other marketing channels, social media marketing must now be a very essential component of retail products marketing strategy if it was earlier ignored. Many consumers now prefer e-commerce shopping windows for retail products and marketers must take full advantage of that. Aside its huge popularity, social media is now where everyone appears to be doing their own things around the world 24/7. It is smart to take your own retail marketing business there as well. On social media, marketers get very impressive results if they manage to have an effective social media marketing strategy that combines user-generated content, a bit of influencer marketing, and ample video/graphics content. By doing this effectively on social media, retail brands can grow progressively.



Use Unique Strategies per Platform

Yes, just as social media platforms are different so they are unique particularly the most popular platforms like Twitter, Facebook, LinkedIn, Instagram, TikTok and YouTube. For instance, certain common marketing strategies may work well for social media platforms like Facebook and YouTube, but in others, retail brands need to adopt unique strategies peculiar to the platforms if they want to market themselves very well on these platforms. It is advisable to study the rules very well and comply with them to avoid sanctions from social media platforms. All the platforms have their own unique and peculiar nuances and marketers must never overlook that.

Market More with User-Generated Content

Content particularly very high quality and informative content is what attracts consumers online. If this content is user-generated from the free social interaction that social media permits, the better for marketers. With it, marketers can harness and hugely benefit from the influence of social media consumers who organically create and spread the word about retail products by way of photos, reviews, videos, and much more. When retail products consumers are happy with products, many do not hesitate to share pictures and glowing reviews about these products on social media. Such reviews usually convince others particularly skeptics to buy these products. That helps social media marketers to get strong growths from their marketing efforts.



Use Influencer Marketing Cautiously

Yes, for many social media marketers, influencer marketing gets results but it must be used with some caution. Influencer marketing no doubt can be an effective strategy for social media but experts say brands must exercise caution to be on the right side of regulatory laws/codes. These regulatory laws/codes vary from country to country though. Therefore, every marketer must go through due diligence to ensure compliance with extant regulations on the matter. Some codes require that influencers disclose their material relationships with products and this may tend to whittle down their real “influencer power.” Some regulations require that influencers state clearly if their post is an advertisement or a mere endorsement out of conviction from the use of the product. No doubt these regulations restrict influencer endorsements but they are still highly effective as social media marketing strategies. For best results, expert marketers recommend that brands must follow four key rules when working with influencers.
1. Provide independent substantiation for any claim that an influencer makes.
2. Encourage influencers to make only claims that are representative of an average consumer’s typical experience with the product.
3. Ensure influencers’ statements and opinions are an accurate representation of their actual experience. Meaning, influencers can’t make claims about products they haven’t really tried themselves.
4. Give influencers clear disclosure guidelines to communicate their relationships with your brand in an unambiguous way.

Friday, March 26, 2021

Easy Online Marketing Tips to Help Drive More Traffic to Your Website

Online Marketing worker on a table with a computer, smartphone, tablet and a mug of beverage.
If you are involved in online marketing, driving traffic to your website is of paramount importance. That is what brings online surfers to your website. The more of these visitors that come to your website, the higher your chances of making sales or creating links with new long-term clients. No matter the type or size of your business, you can skillfully use these easy tried-and-tested methods to attract more traffic to your business website.

Blog Consistently

Content marketing is becoming inevitable in online marketing. Marketers rely more on blogs to create and market content. Blogging is a great way to drive traffic to your site by writing and sharing great information and stories on your blog sites. If you blog consistently and share great content, you attract a following to your blog posts. That translates to the much-needed traffic. 



Prod Your Customers with Emails

Email marketing may be “old school” but, it remains an extremely powerful marketing tool that marketers rely on to attract traffic to their business websites. As a marketer, if you have built an email list of your customers over time, you can periodically use this list to send messages to your customers reminding them of new products, promos and even price slashes. You may include a catchy call-to-action phrase in such emails to elicit a desired response. For instance a phrase like, “click here to see our latest price slashes!” can get your recipients to act out of curiosity. That translates to clicks and visits to your website.

Work with Professionals for Your SEO

If you have the skills, you can work on having a good Search Engine Optimization, SEO, on your website. If not, getting professional help is a good option. A good SEO is what helps Search Engines to index and rank your website in their SERPs. A good ranking in SERPs translates to more organic-traffic to your website.
 
Run Contests on Social Media

Running contests on social media is one great way to get people to share and promote your page if you offer them something of value in return. On social media platform like Instagram for instance, we often see businesses asking their followers to ‘like’ a photo, tag friends in it, and then share that photo to their pages. Doing so enables them to enter a competition to win valuable prizes. The benefit is that the more people who share it, the more likely it is that their followers will start to come to your page to follow you and enter the competition too. That translates to good traffic. The tradeoff however is that you must endeavor to give out prizes regularly to winners as promised. By doing so, your business will attract more and more visitors and even more new followers.



Promote with Event Hosting

You can choose to join an online event or host one yourself. Marketers prefer events like webinars, online conferences, online seminars, other online activities, and even parties. These activities allow them to fully network with fellow marketers and peers in their niche industries. If a marketer hosts an event on his platform, he will drive traffic immediately to his website. But, if he chooses to speak in some other marketer’s event/platform, his topic must be hugely interesting, authoritative and informative enough, to drive traffic to his website.

Market with Influencers

Marketing with influencers relies on one very simple business concept. What marketers do is to identify and reach out to someone with a huge social media following on very popular social media sites like Facebook, Twitter, Instagram and YouTube for instance. They arrange with such persons to help them promote their products for a fee, commissions on sales or simply in exchange for free products. Influencers help out by endorsing such products or even recommending the products to their large followers. The right candidates with influencer credentials are usually celebrities, TV personalities/stars, movie stars, beauty queens, sports personalities, etc. etc.  For a marketer, what matters most is to choose someone in the right sphere and with the right kind of following for the products you are marketing.

Thursday, January 02, 2020

4 Surefire Ways to Make Quick Money Online

A wad of $100 dollars bills.
Most significantly the internet has created many and various ways to make quick money online. Many people now make second paychecks from it while some others earn full-time incomes online.  The internet now appears to be a very ideal place to make money online. It is suitable for anyone who has access to the internet, be they young, old, students, employed or even non-employed individuals. Some persons are as at today earning their entire paychecks from working online. If you too are keen on making quick money online, you have practical and legitimate options available for people of all walks, ages and nationalities. You can even decide to make your online money-making venture a part-time or full-time endeavor. It’s all up to you.


 

These here four options to make quick money online are practical and fairly easy to use.

#1: Start a Blog

If you know something that others will like to read, you can be a blogger. You can write about practically any subject under the sun or on any specific subject that relates to a profitable niche in your chosen market. By the time your blog gets good readership/followership, you can then monetize it by way of Google Adsense to make money from it. Good blogs can be on any hobby, passion or thoughts that incorporate well-presented content. Such blogs can be coupled with paid adverts and affiliate marketing strategies that create steady streams of income for the blogger.

#2: Affiliate Marketing

A good platform for affiliate marketing incorporates three partners, the product merchant, the publisher and the customers. Publishers help product merchants to sell their products to buyers/customers and they earn commissions from their marketing efforts. As blogger, you fit into the publisher leg of the partnership and you get paid commissions depending on what your blogging activities help to market and sell. All you need is to embed affiliate tracking links in your blog. These links are made available by online merchants who also give the necessary marketing support needed to promote their products. The affiliate method of promotion enhances the partnership by helping to build a customer network to follow up and generate more sales. The more the sales generated from such efforts, the more commissions the affiliate earns.

#3: Freelancing Skills

Nearly everyone has some specialized skills which can be marketed online. That is how online freelancing is gradually becoming a mainstream way to make money online.  On the internet, there are many and diverse skills anyone can efficiently market on the various platforms available therein. These days, because of its cost-effectiveness, many companies like to engage temporary or long-term assignments by way of outsourcing their content-driven marketing strategies. This arrangement is fairly easy to set up and does not need formal personnel requirements attendant to full employee engagements.  That is what makes freelancing one of the fastest ways to make money online in this age and time. With some computer skills and access to the internet, boom, you are on to make some money.

#4: E-commerce Websites

These are websites that habitually look for publishers to help market their products and they pay out commissions to such publishers. A typical e-commerce website is an online store where physical products are displayed for sale. It features a hassle-free way to make money online by way of affiliate relationship. Most affiliates like to take advantage of drop shipping common in most e-commerce ventures. What that entails is that orders are taken from buyers through an e-commerce website and a third-party source is made responsible for manufacturing and shipping the goods so ordered. As soon as a sale is made, appropriate commissions are paid out as per pre-agreed percentages of the sales taken in. One quick way influencers, publishers and bloggers get to earn good money online. 


Thursday, December 19, 2019

How to Productively Integrate Influencer Strategy in Marketing Plans

Online marketing work station with working tools, two pens, a notepad, pink flowers, a computer and a glass of beverage.
Influencers are increasingly becoming indispensable partners in most affiliate marketing business programs. These days, Influencers and the content they create help to support many initiatives across the various teams managing a brand. That is why you now find Influencer inputs into product development, PR, events, social media and even in affiliate marketing efforts/plans. That requires some creativity though if you want good results from such efforts in the medium to long term. That is the reason why integrating Influencer strategy in marketing plans now appears to be a very smart business strategy. 


 

As a marketer, the way you perceive and actually use Influencers in your marketing business is what determines how far their influence can benefit your marketing efforts. If you want your business to benefit maximally from influencer efforts, it helps a great deal to see and also use Influencers as:

Events Promoters


Planning events could be hectic and time consuming more so when the invite list must be thoroughly scrutinized to be sure it includes the right local influencers. These Influencers must be involved and notified in advance what the events entail and what roles they are expected to play. This is made possible by briefing these Influencers far in advance with the schedule, key messages, short lists and hashtags. By inviting local Influencers to your events, it is one fantastic way to spread awareness and excitement via the blog and social posts of such Influencers. These posts somehow allow Influencers to share their unique point of view and drive traffic to your social media channels. Inevitably, these actions help to create demand and interest in the event even before it occurs. Local Influencers also help to push e-commerce and retail sales by simply sharing affiliate links to products, site-to-store offers, etc.

Highly Creative Partners
 

Content marketing relies heavily on resource-heavy content creation. That demands a great deal of creativity to make happen. In creative output, partnership tends to get better results than solo efforts. Some persons may be highly creative at photos/visuals while others may be very good with written content. A combination of both can help get better results than from just the effects of one of them. With creative partners, you can easily obtain the rights to use Influencer images and content across many social media channels, websites, prints and emails. Adequate care must however be taken to ensure you discuss usage rights upfront with Influencers, how you’ll credit them, and the timeline and plan for promotion across various channels. That is one great way to come clean and be faithful to your partnership with Influencers.

Co-Content Creators


Online Marketers have since discovered that launching a co-branded product line with an Influencer is a very smart business strategy. This is because Influencers are advantageously positioned on the front lines with their audience. In that position, they can easily identify gaps in the market to create products that resonate with the audience. That is collaboration. It is Influencers who somehow help to provide a real promotional boost across their own channels, engaging their audience and driving new customers to the business. As an added boost, most Influencers like to support the endeavors of other Influencers and are always willing to help spread the good news because it is mutually beneficial to all parties. Some Influencers are both marketers as well as customers. For that reason, they willingly play a big part in the development of the launch plan, messaging, and promotional strategy of brands. 

 

Data-Driven Marketers

Most affiliates rely hugely on accurate data derived from metrics to measure their earnings and business growth. They thrive on earning commissions. This incentive encourages Influencers to share more often about brands, even when there’s no campaign going on. That enables them to make accurate data-driven decisions about what they share, how they share it and what results are coming in from where. Thus, most marketers have the ability to go deeper with their own metrics and reports on clicks, sales, new customers, understand the customer journey, and even measure cross-device types like Smart phones, laptops, tablets, and desktops with reliable affiliate tracking. More and deeper metrics far beyond social engagement give marketers the opportunity to prioritize Influencer partnerships for better revenues and ROI. With this, it is really very smart for marketers to take advantage of data derived from tracking as a veritable way to gain more business insights.
 
Virtually Everyone Who Knows Someone Else
 

Marketers must now take cognizance of the fact that for as long as someone knows someone, anyone can be an Influencer. With this notion, many brands now use their social media channels to repost user-generated content created by real customers who can become reps, have their own product page, and earn a commission. That enables even the brand’s own employees who naturally champion the business culture and morale both internally and externally to also play the role of Influencers and earn commissions too. Come to think of it, who wouldn’t want to join a viable marketing train and earn better incomes? All you need do is to be an Influencer in your own right irrespective of whether you are employed by the brand or not.


 

Wednesday, December 18, 2019

How to Leverage Social Media to Grow Affiliate Programs

A smart phone and picture of pink flowers on social media.
Have you heard? Social media is where nearly everybody is at these days doing their own thing. It has mass appeal and mass following, the reason it has become an essential channel for online marketers to grow their affiliate programs. Today, mass adoption of social media by marketers has no doubt impacted every facet of marketing in many and immeasurable ways. The most beneficial way appears to be affiliate and partner marketing since this is carefully designed to leverage on the popularity of social media. Essentially, in the online marketing world of today, any type of partner, including influencers, can leverage the principles of affiliate marketing to reach a very wide range of consumers exactly where they tend to spend a very significant part of their time while online. Such channels include but not limited to where a majority of them may be found just scrolling around. Such places like Twitter, Facebook, Instagram and Pinterest where they are either following influencers, or they are influencers themselves. This established relationship hugely supports the idea that influencers and social media together can help bring an incredible monetization opportunity for affiliates involved in affiliate marketing programs.

 

Many online marketers now know that they can find a wealth of new opportunities for engaging with potential customers via social media channels. The good news is that it works! Just as consumers grow more and more comfortable using social media channels for brand and product discovery, and shopping, social media options continue to expand. Thus, if you are a marketer looking to deepen your relationships with customers, it is smart to consider leveraging social media in your affiliate marketing efforts. With the ease of use, popularity, mass appeal and easy tracking technology associated with social media, good marketers can easily take advantage of these offers to grow their revenues and affiliate businesses.
Here are some simple ways affiliates can leverage social media to grow their revenues and affiliate businesses.

Always Take Advantage of Social Media Innovations

 
Social media platforms are always trying to evolve new and practical ways to satisfy their numerous users. That is why many like to innovate based mostly on user preferences. These innovations bring with them, new social tactics more user-friendly platforms which are better at engaging the target audiences. As a marketer, it is smart to always seize the opportunities of these new innovations with a view to leveraging the newest ways to acquire new customers and build brand loyalists as a viable way to grow your affiliate marketing business.

Leverage Advanced Tracking Capabilities of Mobile Commerce

The world is increasingly in a hurry and mobile devices are becoming indispensable in world commerce. Most people are finding it increasingly easier to complete business transactions right from their mobile devices. These devices now come with advanced tracking capabilities which affiliate marketers can rely on to determine the direction and progress of their marketing efforts. Facebook alone as a very popular social media platform has over 1.3 billion active users and over 90% of these persons are accessing the platform by way of mobile devices. In combination with other social media platforms out there, we are looking at over 3.5 billion active users. That is a huge mobile market out there with advanced tracking capabilities affiliate marketers can leverage for their businesses. Marketers can now track nearly everything from what partner influenced an app download to what mobile tracking link led to a conversion. That makes it easy for them to incentivize their affiliate partners to ensure prompt and accurate payment of commissions. These advanced tracking capabilities of mobile devices now make it easier than ever before to optimize affiliate campaigns which marketers are running through social media platforms.

Target Your Audience from Their Favorite Platforms

 
Well, it is a marketing truism that every business person must try to take his business to where the right customers can be found. Daily, many social media users spend considerable time on the platforms and many are on multiple platforms. That is where they can be accurately targeted depending on which platforms they use more. Even if you are partnering with publishers, media brands, influencers, or other brands, distributing co-marketing content on the social networks exactly where your audience is active tends to make a very good marketing sense. That ensures a more even and much cheaper distribution among content marketers, bloggers/influencers, and social media channels. It engenders better results as well.



 

Align Your Content to All Stages of the Consumer’s Journey 

In today’s social media-obsessed world, many bloggers and other content marketing affiliates rely hugely on social media to creatively and effectively promote their brands. On social media, they rely heavily on good content to drive awareness, consideration, and eventual purchase. Therefore, social media tends to play a very huge role in the early stages of the consumer journey up to the final click to buy. Advanced tracking capabilities enables marketers to deploy better attribution and improved partner commissioning strategies. Thus, by including social media channels in your affiliate programs, you can easily enhance your ability to reach consumers in all stages of the purchase journey starting from product research to comparing prices to the actual buying of the product/service. With the ease of tracking transactions from anywhere associated with them, social media partnerships now help immensely to broaden affiliate marketing techniques and with better results in tow.

Work with Affiliates who have Commanding Influence on Social Media

 
This influence is determined by the number of followers the affiliate already has who trust him and rely in his judgement to make buying decisions. Working with such influencers as partners helps to get marketing traction faster online. If you choose to distribute promotions and offers through social media influencers, the purposes may be different. Maybe you are looking to elevate average order value, repeat purchases, or new product/service experimentation. The type of influencer you settle for on social media will largely determine how successful your quest can be. By setting very clear expectations up front with your social partners, it will therefore not cause future disputes to determine exactly what constitutes a desired action, and what doesn’t. That settled, it becomes easy for you to optimize high-performing programs and to drive incremental revenue through the social media channels that are working well and giving the desired results.


Tuesday, December 17, 2019

Highly Economic Ways to Boost Conversions

Mobile phone picture over flowers in an online work website.
Most online businesses are always looking for ways to increase their conversion rates. For such businesses, affiliate marketing always comes in very handy because of its unique qualities of helping to boost conversion rates. It is economical too and advert budget friendly because it delivers effectively on a pay-per-performance model. What that means is that merchants pay commissions to affiliates only on the basis of the conversions they help to garner. That appears fair enough on the surface but merchants still have to experiment with different affiliate partnerships and sales strategies until they find the one that works best for them. That requires some unique strategies to get right.  When merchants manage to get that right, they can then expect a remarkable boost in conversions and ultimately business revenue figures.


 

Here are some strategic effects which help to enhance the process.

Effects of Someone Your Consumer Trusts

This comes into effect by simply targeting people your consumers can trust and bringing them on board your referral marketing chain. In this regard, bloggers and social media influencers are particularly effective because they already have a large following of persons who trust and rely on their recommendations to make a purchase decision.  These people are very effective at helping to grab conversions from their loyal and dedicated fans/followers on the basis of the relationship they’ve established which subsists on trust. To get the desired results, you must as a matter of deliberate policy try to build very strong relationships with your affiliates, be on the lookout always for affiliates who really like your product/service, are trustworthy and have a full engagement of a large following. Such affiliates help a great deal to boost conversion rates at very cheap costs.

Effects of Hyper-Targeting

In modern day online marketing, you get better results when your ads are specially designed to appeal to a very specific group of people. That is hyper-targeting. As a remarkable improvement over traditional marketing methods, marketers are now able to focus on a very specific demographic, down to age, gender, location, education, and even brand preference. The results of such hyper-targeting could be very impressive. When you introduce affiliate marketing in the mix, it not only allows you to control what message is sent about your brand, but also who sends it and to whom. That makes it imperative for you to work with affiliate partners who are closely aligned with your target audience. Doing so enables you to deliver at all times, a clear and powerful message to your consumers from someone they trust.  That is what helps to get the best results which reveal this method as a very effective strategy for boosting conversions. However, for it work satisfactorily, it is advisable that you know very well your target consumer at the outset. Research deep to find out your consumer’s core values as well as where and how they spend their time online using the right online tools which enable you to make changes in your marketing strategy as necessary.

Effects of Bolstering Valuable Content

 
Online marketers have since found out that one great benefit of affiliate marketing is that it contributes immensely to your presence on the internet and, ultimately, your search engine rankings. Influencers, bloggers and publishers who routinely write highly informational and educative posts about your products/services work in anticipation of Google’s need for user-friendly content that serves a useful purpose to the reader. When Google likes your content, it ranks it high on its SERPs. That gets it better noticed for greater readership and ultimate conversions. To be so favoured by search engines, affiliates must habitually write good content that people like to read. Such content must be SEO compliant for better rankings and merchants must regularly frontload their affiliates with vital and current information about their products/services.

Effects of Leveraging Special Promotions

 
Affiliate marketing can help grow your conversion rate by helping to attract new and repeat customers through special promotions. Most online shoppers depend on someone they trust to take most of their buy decisions. In that category are influencers, bloggers and publishers whom the buyers trust and are already following. Even if buyers are hesitant to commit on account of price or some other impediment, a recommendation from influencers or bloggers helps that process along for them to commit to buying. Special promotions which come highly recommended by these online influencers help boost conversions for the business.

Promo codes, discounts, deals and sales on their own may help grow conversion rates but without a good reach, their effects are severely limited. It is influencers and bloggers who help to provide this much needed reach and eventual boost in conversions. So, when merchants combine affiliate marketing with special promotions, they manage to get their promo deals in front of many more people as a result. That helps them to pick up more conversions from both brand-new and repeat customers. For this to work effectively, merchants must always look out for the best ways to regularly offer exclusive deals and discounts using affiliates special promo codes and partnering with such affiliates for freebies and giveaways.

Effects of Building Your Backlinks

Google maintains that, “having other sites link back to your site is like a vote for the quality of your site.” That appears to be why Google uses the number and quality of backlinks to a website as part of its ranking considerations. If your site has high-quality influencers/publishers linking back to it, Google is more likely to rank it higher on its SERPs. That alone can help in a great way to boost conversion rates for your site. Even though backlinks can help merchants rank higher on Google’s SERP, it is possible only if they’re done in precisely the right way. Expert Marketers advise adequate care when building backlinks to avoid “spamming” which Search Engines routinely and mercilessly penalize. For this reason, merchants must not ignore suitable keyword search and usage. All their affiliates must be provided with specific anchor texts for use on their sites and cross-posting actively encouraged among the affiliates. All these help the value of backlinks, search engine rankings and a boost in conversion rates.


 

Thursday, December 12, 2019

How Affiliate Marketing Helps to Boost Conversation Rates

Affiliate marketer counting currency notes.
By exploring some delicate ways to fuse some tried-and-tested sales strategies alongside some proven modern marketing methods, affiliate marketing can indeed help companies grow conversion rates exponentially. It is all about online promotional efforts effectively using affiliates to push your brand online. These affiliates are made up largely of bloggers, social media influencers and publishers whose main marketing function is to promote products/services for a merchant in exchange for a commission paid them by the merchant. Traditionally in affiliate marketing, affiliates get paid based on specific actions completed by consumers such as link clicks or subscriptions. That is why affiliates promote vigorously to get more of such direct actions from their promotional efforts. The more direct actions they generate, the more the commissions they earn. Conversion rates get boosted by way of boosted direct actions from the promotional efforts of affiliates. That is how affiliate referral programs using well-known promotional tactics with increased vigor gets to have a direct boost on conversion rates. 

In affiliate marketing, one of the biggest reasons why revenue grows for merchants is because of a spike in conversion rates. If affiliates increase their promotional efforts to get enhanced commissions, their efforts help to boost conversion rates as well for the business of the brand they are promoting. This works well when affiliate’s posts help to turn blog readers to customers thereby helping to boost the affiliate’s business as well as the business of the merchant. Direct actions from affiliates resulting in attracting readers to theirs websites do result in making such readers to make a purchase, sign up for a mailing list or perform some other desired action. These sequential actions inevitably count towards a boost in conversion rates for the business of merchants. That is if the affiliate marketing works well and desirably. Do you know how affiliate marketing works well to get expected results? What it does is to simply help to connect your product/service with its intended consumers through a channel they trust. Such trusted channels are usually bloggers, publishers and influencers with large following built largely on trust. The more of these followers/readers they manage to lure to a brand, the more commissions they earn and in turn the more they help boost conversion rates for the business whose brand they are promoting.



 

Monday, December 02, 2019

How Affiliate Marketing Benefits Influencers

Affiliate marketing work table with a computer, mobile phone, notepads, folded eye glasses and many pencils.
In affiliate marketing, merchants rely heavily on influencers as dependable affiliates to market their products. If you’ve had a bit of experience in Internet marketing, there is no doubt you already know why and how affiliate marketing works. Affiliate marketing derives its effectiveness by serving as an online referral program for merchant’s products/services. It thus serves as a very powerful marketing method where a trusted influencer helps to get a merchant’s product/service in front of the right buyers by way of influencer activities online.

Online, many affiliates know very well that affiliate marketing has lots of benefits for businesses and consumers. What many of such affiliates tend to overlook are the benefits in the affiliate relationship for themselves. Since it is¬ human beings who are influencers, many affiliates usually have lots of good reasons why they personally recommend items to their follower’s base online. They all know that all well-known affiliate marketing structures inevitably involve three parties, viz: the merchant/ business selling a product/service, the publisher/blogger/influencer promoting the product/service and the consumer. Without all three benefitting adequately from the marketing structure, it cannot yield good results. Influencers too benefit a great deal from this structure, the reason many take their influencer activities as real business.



 

Following are some of the most visible benefits influencers derive from affiliate marketing arrangements. 

Affiliate Marketing Helps to Grow Influencer Followers

The real strength of influencers always lies in their followers count. That is the income earning asset. Like every marketer knows full well, earning followers organically is always a very big challenge. For many influencers, to get in the big league, they do so many things to grow their followers count first before thinking of making money. With the advent of social media, many influencers now find it much easier to grow their followers count by promoting products /services on many social media channels. This way, they do increase their online popularity through valuable and well-tailored content they routinely post on these channels. When any of their posts manages to go viral on social media, their followers count benefits immensely as a result. What many readers want online are trust, authenticity and authoritativeness of content. Influencers who manage to give their followers these tend to earn more followers as a result. Social media is darn so popular that the ability of influencers to benefit from it is a given. All they need do is to always stand ready to give new ideas and content as well as brand new audiences which affiliate partnerships makes possible. Naturally, if a merchant whose products an influencer is promoting has a strong presence online and he opts to share the influencer’s content, that alone can help grow the influencer’s followers count in multiples. Affiliate partnerships with well-known brands are also a great way to boost influencers’ reputation and legitimacy. That ultimately leads to more followers for such influencers down the road.

Affiliate Marketing Enhances Unlimited Income for Influencers

 
In affiliate marketing, influencers tend to earn differently depending on their followers’ strength or the products they are promoting. There is practically no limit to what influencers can earn from their affiliate efforts. Earning income is probably number-one reason why most influencers choose to enter into affiliate contracts. On the average, many influencers earn some $5000-$50,000 per annum from affiliate income alone while some others by combining other online income streams earn some mind boggling sums. Many influencers with some 50 million or more followers earn big in affiliate marketing. At some point, the bulk of this income comes from passive income from contents they’ve posted in the past which had embedded ads and links.


Affiliate Marketing Allows Influencers to Work from Anywhere
 
Flexibility of work output stands today as an asset in an increasingly busy world. Building up influencer presence online can be quite tasking but with work flexibility, it can be taken on anywhere 24/7 provided there is internet access. That is work freedom which modern day workers really crave for. As an influencer, no matter where you are in the world, so long as you have a working internet connection, you can fully support and grow your affiliate marketing partnerships from there. If this coveted freedom allows you unfettered work to keep producing content such as photos, videos and blogs, you get to earn more clout and money as a result. Because of this work freedom, many influencers now use their own website/blog as a great way to combine their influencer marketing business with their affiliate income. They add passive income to that by working with merchants to embed banner ads/links into their websites and content. Inevitably, that translates to more earnings down the road.


 

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!