Tuesday, June 2, 2009

Affiliate Marketing Business

Let's imagine you are building an affiliate marketing business, how do you know you will make money with the business?

The most important thing is that you understand your customer needs.

Isn't that affiliate marketing is just about referring customers to the merchant and to make money when customers buy the product? That is true but that is also an updated way to make money with the business.

You see, the affiliate marketing arena is getting more and more competitive and complicated. Most customers don’t buy when they first visit a website. Think about this, how many times have you punch in your credit card number when you saw something you want online? Over the years, people have become more cautious of how to spend their money especially during this economy turmoil. And that is why simply referring customers to the merchant's site is not enough to help you be successful in affiliate marketing.

I believe you have heard about the power of a list and how you can discover your customers need from there. So, I am not going to talk about that here. Now, imagine you have a list and you want to make your affiliate marketing campaign a success. You want to know what people really and when you offer that to them, they will want the product immediately.

What you can do is to run a short survey within your list.

You create a short questionnaire to ask what your customers hope to see in a product and how it can benefit them. You can ask them what is the price range they are comfortable with and how much extra are they willing to invest for a quality product. And to help you improve the respond for the survey, you can always offer valuable free gift to your customers.

Then, you will take the information and look for any affiliate programs that match what your customer needs. When you have that, you can offer them to your customers and start making money with your affiliate marketing business.

As you already know, there is no perfect product out there. That is why I personally think it is good that you can tell your customers about the short fall of the product so that they are clear of what they are buying into.

Now, I understand how it feels to be restricted in affiliate marketing that you can't correct the flaws in the merchant's product. That is OK. You can then create your own product to compliment on the merchant's product.

Let's say you found something missing in an ebook and by just shifting into a different perspective, your customers can actually perform better with the information reveal in the ebook. You can then create a short report to point out the issue and show your customers how they can perform better with your additional information.

After that you can offer this report as a unique bonus to your customers if they were to buy from your affiliate link. Since you make it clear that your report compliment on the merchant's product and it is free, most customers will be happy to get the product from you.

Create your success,

Wong Michael. :-)
http://www.beyondaffiliatecash.com/

Remember, making money with affiliate marketing is easy when you know how. :-)

P.S. Building a successful affiliate marketing business can be devastating sometime. Still, you can always talk to me and get more tips of how you can earn your online income with ease.

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