17 Jan 10 Affiliate Marketing in a Nutshell
Affiliate marketing as we know refers to selling someone else’s products on the Internet for a commission which can be as high as 75-90% of the product price. This is a good way to earn living either by directly making a website to promote the services or by using affiliate marketing to monetize one’s website or blog.
There are two kind of affiliate marketing: one is private affiliate marketing run by producers themselves through their websites, and another is syndicated or networked affiliate marketing run by affiliate networks like ClickBank, commission junction, etc.
Which one is better?
Well, I am always in favor of affiliate network because of the reliability factor, but again the big networks have their rules (and some time twisted), which may not liked by everyone. There are some basics of making money with affiliate marketing which you have to follow, regardless of which one you prefer. I am going to talk about it below.
Affiliate marketing: A step-by-step guide
Step 1: The very first step in starting an online affiliate marketing business is to find an affiliate program or network and register as an affiliate.
Step 2: The next step in the process is to find a product to sell (only applicable if you have signed in to an affiliate network because a private affiliate often have very limited products and that too in just one niche.)
Step 3: After selecting the product, you need to find the keywords (preferably niche) that will be used to promote the product on the internet.
Step 4: The next step in the process is to register a domain using the keyword followed by making a website to promote the affiliate product. Skip this as well as the next step if you want to use your existing website or blog to promote your services.
Step 5: Now you need to put at least one outgoing link and couple of incoming link in your website to avoid Google Slap. Build a blog and write some unique content for the blog. This will help you link some content to your affiliate site.
If you do not want to write unique articles then grab some from article directories and use it on your blog. Put one link each in each article that you post as well as in the blogroll.
Put a link of your blog at the bottom of your website, if you do not want your reader to go to your blog. You will want this because you have not created the blog for users, but for the search engines.
Step 6: Use a PPC program of your liking to promote your blog. You may choose Google Adwords, or any other PPC program. Every search engine runs its own PPC program.
This is it. Now you just need to review the performance and make changes when required.
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