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8 Top Tips for eCommerce Success

If you want to succeed in eCommerce business, you must listen to experts. Carefully follow what they do and how they do it. Many of these ex...

Saturday, December 24, 2022

Content Monetization Tips for Content Creators

Dollar bills held out in fan shape.
Online marketers don’t just create content for the sake of it. They create content to market their products/services and to earn money. Earning money from your content is practicable only if you take deliberate steps to monetize your content. Aside from consistently creating content, the content must be of high quality to earn money from. It must be informative, educational and even entertaining enough to make it sufficiently impactful to earn money from. If you are a content creator, these tips will help you to monetize and earn money from your content.



Building an Audience

This is the first fundamental step towards monetizing your content. It is from this audience marketers can build trust and high engagement. It is the size of this audience that can define and determine the amount of money you can make from your content. Once you have a sizeable and engaging audience, you can monetize your content. It is this audience either on social media or your website/blog that also determines if you can be an influencer. Having an audience of about 5000 and above is sufficient to become an influencer and make money from affiliate marketing and products endorsements. Product merchants do invest in influencer marketing and various social media platforms offering lucrative ways to content creators to monetize their content. Even though there are many ways content creators can monetize their content and earn money, it can be tough going if you have not built a good size audience yet. Once your sizeable audience is in place, you can start experimenting with many monetization options.

Creating and Selling Online Courses

Whatsoever skill you have and whatever you are good at, never do it for free. That is the spirit of monetization. If you have sellable skills that other people will like to have, you can package such skills and sell them online through eBooks. Skills in sports or games, musical instruments, gardening, cooking and so on can be skillfully packaged and sold online to make money. You can do your research and look out for online platforms that can help you create and sell online courses. Once you do, you can then promote the courses by introducing them to your audience and social media followers. As you sell these courses, you are making money.  

Consistently Creating High Quality Content

Good content is what content creators readily monetize. It can be written or made into videos and graphics. Content is attractive to readers if it has high quality and impactful. That is the kind of content your audience will always like to patronize. If your content is of high quality, you can easily attract collaboration from brands and product merchants. Reason is, most brands prefer to collaborate with content creators and influencers who post high quality content consistently. It is the traffic this quality content attracts that benefits the product/service brands and product merchants are selling. So, it is advisable not just to create content, you should pay a lot of attention to the quality of the content. As a business owner marketing in a particular niche, your content must factor in latest trends, new discoveries and what excites your audience. That is the kind of content that attracts good traffic to your product/service.



Marketing your Content Yourself

If you are skilled at writing quality content, many social media platforms can pay you for posting content on their platforms. These days, most social media platforms are now focused on producing more content monetization opportunities for creators. They do this because it helps their own advertising which makes money for them as well. Most social media platforms particularly the very popular ones like Facebook, Instagram, YouTube and Snapchat Spotlight have in-house arrangements where they pay good content creators for creating content on their platforms. Anytime your content goes viral, in many cases, you receive notification that you are eligible for a payout. YouTube pays creators who post viral shorts on its short-video venture YouTube shorts even though it prefers to pay creators who generate the most views and engagements every month to reward them for their short, informative and exciting videos. Many other social media and video streaming platforms also offer many opportunities to creators to help them monetize and make the best out of their content. But first, you must do your research well on all these platforms to see if you meet the eligibility criteria and your content measures up, before you start posting.
 
Earning with Affiliate Marketing

Content creators also earn money online with the help of affiliate marketing. What creators do is to simply promote a brand, product/service for product merchants. They earn commissions from the sales they are able to generate for the brand. In affiliate marketing, all that a content creator has to do is to promote a unique affiliate link/code in their content. This link/code when clicked or used helps with correct attribution and commissions payment arrangements. So, when someone uses this link/code to purchase a product/service you the affiliate helped promote, you will earn a commission from the sale. You can get started with affiliate marketing by signing up FREE on a popular and reputable affiliate marketing program like Strong Future International, SFI. Using the affiliate link they’ll provide you, you can immediately start promoting any product/service of your choice. Once someone buys any product/service using your link you will receive a percentage of that sale as commission, payable at the end of the month.

Last Line

Yes you can create good quality content and monetize it to earn money from it. You must however pay sufficient attention to the quality of your content, be consistent at creating it and exploring every viable opportunity to market it. That way, you’ll make money with the content.

Saturday, December 17, 2022

8 Ways Affiliate Marketing Benefits your E-Commerce Store

Affiliate marketing projected on a magnifying glass besides colored markers.
If you run an e-commerce store, affiliate marketing is a great way to promote your products/services. Through it, you can drive more traffic to your store, optimize your conversions, and get more leads and sales. Technically, affiliate marketing is a simple business model in which affiliates are expected to help market products/services for merchants in return for a sales commission. It creates a mutually beneficial relationship between product merchants, affiliates and consumers.



Reputable affiliate programs like Strong Future International, SFI help to arrange this relationship, manage it and arrange commission’s payout to all affiliates. SFI relies on very effective marketing tools, training, and customer service to make this relationship worth the while for all parties involved and they have hundreds of thousands of products listed and with millions of affiliates who do the marketing for product merchants. So, if you sign up your e-commerce store as an associate in SFI, your business gets the full benefits of affiliate marketing.

Affiliate marketing is thus a great way to grow your e-commerce store, get more traffic and make more sales in addition to the following benefits.

1. Promote New Products/Services

If you want to promote new products/services, affiliate marketing is very handy. Promoting new products in your e-commerce store can be tough going because getting out the right information about your new products/services is not an easy task. When affiliates step in, they widely promote these products/services to their loyal audiences and the awareness begins from there. After getting the real information about the new products/services, it becomes easier for affiliates to promote and recommend the products/services to their own audiences. Increased sales usually results from such efforts. So, anytime you have an exciting new product/service to promote from your e-commerce store, it makes real economic sense to have an affiliate program set up to get it done.

2. Attract New Customers

Affiliate marketing thrives on the depth and versatility of the Internet. It is one great way to get traffic, attract new customers and leverage the power of the internet. With literally millions of affiliates working for an affiliate program and helping to share products/service information to millions of people in their audiences, your e-commerce store can tap into this huge audience to attract new customers and make more sales. With affiliate marketing, your store can better attract new customers who may not have been aware of the products/services you have listed for sale. Affiliates help to bring good traffic to your store and consequently more new customers. The more traffic your store gets, the more sales it can generate.

3. Increased Brand Awareness

With affiliate marketing, you can increase brand awareness in your e-commerce store by linking your brand with other brands that have a similar consumer base. This also increases the popularity and credibility of your store as a trusted business. As trust and credibility build up for your store, it can lead to increased business opportunities down the road through increased brand value in your e-commerce store. When people take a look at your website and see that they can make money by promoting your affiliate links and banners, they’re more likely to latch on and widely promote your products/services with a view to earning good commissions.

4. Saves Time and Resources

Affiliates can help you to save time and resources by combining their collective efforts to help you out in promoting your products/services online to a wider audience. What the affiliates really need to do is to simply post your affiliate link on their websites/blogs. That link directs potential customers towards the website of an affiliate program where your products/services are listed. There, they will get all the necessary information about the product/service being offered by your e-commerce store to help them make their buy decisions.

5. Increased Conversions

When consumers click on an affiliate link and sign up for your newsletter or email list, they establish a business relationship. It takes a bit of further prompting thereafter for such people to make their buy decisions. Because affiliate marketing allows affiliates to promote their own links and even products on their websites to their own audiences, they can help drive more traffic directly back to your own store. That helps conversions a great deal.

6. Build Credibility
 
Affiliates are usually independent business owners who have their own reputations to protect. They may be people who have painstakingly built their own credibility in their niche industry over time. Many affiliates can even be considered experts in their chosen fields/industries. That makes them credible in their niche industry. They may even be ranking high already with increased visibility in the SERPs of major search engines like Google. So when people are searching for information about a particular product category, these people can be directed to your e-commerce store from the affiliate links on the websites of your credible affiliates. That increases credibility for your own store.



7. Directly Target Customers

With affiliate marketing you can directly reach only those people who would be interested in what you are selling. Your target audience will be more likely to visit your store and buy from it because they already know that is where they will get what they are looking for. If someone searching for a product clicks on your affiliate link, such persons are directed to where they can find what they are looking for in your store. This means that people visiting your store through your affiliate link are already sensitized. Such persons already know that by clicking on your affiliate link, they’ll see what they are looking for or something related to it. What this means is that more people will potentially become interested in what you have on offer in your e-commerce store. Aside directly targeting customers, affiliate marketing also allows you to get more traffic in your e-commerce store through the process.

8. Increased Revenues

Since affiliate marketing as a business model helps marketers to get more traffic, more leads and sales, it ultimately helps to increase revenues for both affiliates and product merchants. When someone clicks on an affiliate link and makes a purchase from your e-commerce store, as the product merchant, you earn income from the sale while the affiliate earns sales commission. This is how affiliate marketing can help your e-commerce store to make more sales and increase its revenues. Affiliate marketing also helps to enhance your revenue because you do not need to spend much money on advertising. Affiliates simple help to promote your affiliate links very widely in anticipation of earning commissions and you start getting traffic and making sales from these efforts at no ads cost on your e-commerce store.

Wrapping Up

There are many benefits your e-commerce store can get from affiliate marketing. The foregoing are just a few of such benefits. If you sign up your e-commerce store on a reputable affiliate marketing program as in SFI for instance, your store benefits from the services of millions of affiliates, good training, great customer service, excellent marketing tools and good management which includes flawless commission payouts. Affiliate marketing is thus one great way to market your e-commerce store to a targeted audience and to increase revenue earnings in the store. It is an excellent opportunity to grow your e-commerce store towards some bigger success down the road.