Sunday, September 13, 2009

Find Our What Your Market Want

I bet you probably have seen this thousand of times when you started your affiliate marketing business. Still, I see many affiliate marketers are still having problem in this area. So, today, I am going to share with you 2 channels I personally use to find what the market wants.

But before that, let's recap on what you might have seen,
  • Do market research in your target
  • Find out specifically what they want
  • Are there any differences between what they want with the what the market is offering
  • How much are they willing to pay to get what they want
  • Check out your competitors, their offers and pricing

I think those are the basics you need to do when you are looking for your niche.

Then, where to start looking for your niche?

When I want to research about the niche, I usually go the particular forum to see what people are looking for. If you are affiliate for digital camera, simply key in "digital camera forum" and join the forum as member.

Read the thread to see what issues the members are facing and you can ask specific question to understand better what they need. You are in that niche, you know better than me how and what to ask.

You can even start a poll to get the members to vote on your research. For example, you can start a poll about how much are the members are willing to pay for a digital camera. Give them a few ranges and monitor the polling over certain period and then you will know which kind of digital camera you should focus on.

From the forums, you can also link the members to your website through your signature. Once they are there, offer them something valuable so that you can capture their email addresses for further contacts. Remember, most people are sold after they have seen your offer at least 7 times.

The second channel I use is to go to www.43things.com/ to see what people are trying to achieve.

When you reach the page, just look for the goals that are listed under the "need inspiration?" tag. Simply click on the goal and you see a list of 10 smaller goals. Indirectly, you have just gotten 10 ideas for your niche.

If you want more, you can click on the avatar on the left side of the page. Once the page load into the particular person's goal, scroll to the bottom of the page to see what people from around the world want to do.

Another tip for you, the bolder the font, the more people wanted to achieve that goal hence, the bigger the market for your product.

I hope the 2 channels help and you have no more excuse to say that you don't know where to start looking for your niche.

Create your affiliate marketing success,

Wong Michael.
www.BeyondAffiliateCash.com/

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


P.S. Making money with affiliate marketing can be devastating sometime. Still, you can always get more tips to earn your online income with ease. Why wait? Just put in your contact today and start learning from the free ecourse.


First Name:
Email address:

Friday, September 11, 2009

Budgeting For Your Affiliate Marketing Business...

Today, I am going to talk to you about budgeting. Something that not all affiliate marketing ebooks is going to share with you. Most ebooks you read probably will show you how to start your affiliate marketing business and how you can profit with it.

Then again, the information you see might not tell you WHEN you can make money with the business and that can be difficult for you. Because as long as you are not making money with the business, you are losing money in it.

Imagine the money you have to put in for hosting, buying domains, marketing and etc. Even if you run your business with every free channels you can find, you are still making loses considering the time, effort and your personal expenditure you have put in.

That is why you should never borrow money to start your affiliate marketing business. How are you going to repay the bank loan when you are not making money? The bank will continue to charge interest on you regardless how successful you are with your affiliate marketing business. It is still OK when you have your day job but it is a total different issue when you are retrenched, retire or in any condition where you have no income.

What if I borrow from my family and friends, you ask. I think you can do that if they are not in a hurry to get their money back and you will feel OK even when you are in debt to them. You have to know that there is no guarantee when you can start making money with affiliate marketing. Ask any affiliate marketer and they will tell you the same thing.

Many people rush into this business because they are overly positive with the business.

Who doesn't want to be financially free? Who doesn't want to work at home in pajamas? Who doesn't want to be the boss and sipping red wine while seeing money coming into the bank accounts? We all want that but you are not going to get without more investment and effort and that is the next thing I want to talk to you about,

Running Cost

Have you ever thought of the money you need in case there is no money coming in for the following 6 -12 months (assuming you are not going to ditch affiliate marketing like other mediocre affiliate marketers when you don't see money coming in after 3 months)? Do you have any reserve that you can use even you are not making a single dime for the next 6-12 months?

Many affiliate marketers as well as the ebooks you saw ignored this fact.

The truth is, it rarely happens that way. Many successful affiliate marketers took time before their business start to flourish and it is not uncommon that people stick with the business for years before they see money coming in.

So, when you are stating your affiliate marketing business, take into consideration the money you can spare and the risk you can take. I don't want you to be in debt just to start a business.

Create your affiliate marketing business,

Wong Michael.
www.BeyondAffiliateCash.com/

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


P.S. Making money with affiliate marketing can be devastating sometime. Still, you can always get more tips to earn your online income with ease. Why wait? Just put in your contact today and start learning from the free ecourse.


First Name:
Email address:

Thursday, September 10, 2009

Affiliate Marketing Mistakes That You Need To Look Out For

Before you start your affiliate marketing business, you have to set up a plan so that you don't bump into the mistakes that can kill your business. If you haven't made your plan, it is still not too late. Take a look at the mistakes below so that you can build a successful affiliate marketing business.

1. Assumption

Never assume that all your visitors have the latest program to see your site. I for one, belong to those people who hardly update my internet software. Speaking of that, can you believe that I am still using internet explorer 6.0?

That showed you that you are going to miss my business if your website is dedicated only to internet explorer 7.0 users. Take into consideration that there are different kind of internet users out there and you ought to have one or not two systems that can suit most of the users.

2. Marketing offline

For you to know, affiliate marketing is not something that is no longer just limited to online marketing anymore nowadays.

Many successful affiliate marketers are marketing their product offline as well. They told their family and friends about their business and they even advertise on newspaper about the products they are affiliate to.

Remember, your customers buy through your affiliate link and there is no reason why you should limit the traffic seeing your product.

3. Not building list

Do I need to say more about this? I think I have told you countless of times that if you want to make money with affiliate marketing, you will want to start building your own list, share valuable information with your list members, build relationship with them, ask their need and offer solution to their need.

It is as easy as that.

4. Not marketing timely

Since we are talking about list building, you might want to take a look at this mistake as well. It was said that people only buy after they have seen your products for at least 7 times. Let me ask you then,

"Can you market to the same person 7 times if you don't have his or her contact?"

It will be a difficult task to make money with affiliate marketing when you can't market to the same crowd consistently and timely.

5. Wait

Many affiliate marketers used cheap hosting packages to host their websites. This can greatly affect the loading time of your website.

Never make your visitors wait. Picture yourself in your visitors' shoes. Do you think you will have the patience to wait for the website to load? I probably not. If your website is like that, you will lose many opportunities to sell your products.

6. Right traffic

You should have known by now that traffic is very important to build your affiliate marketing business. However, what you need is not simply any traffic. You need quality traffic that is ready to buy your products.

In case you still haven't notice it, there are people who are selling fake traffic for profit. If you buy into that traffic, you are building your marketing cost instead of profiting from the business. Even though the traffic you bought was legit, you are still not making money if the traffic never convert.

You need to start looking into how much your traffic is converting into sales. That's the bottom line.

If need be, you might want to consider generating traffic from PPC, SEO, article marketing, blogging and etc.

Create your affiliate marketing success,

Wong Michael.
www.BeyondAffiliateCash.com/

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


P.S. Making money with affiliate marketing can be devastating sometime. Still, you can always get more tips to earn your online income with ease. Why wait? Just put in your contact today and start learning from the free ecourse.


First Name:
Email address:

Friday, September 4, 2009

The Good And Bad Of Clickbank

Like me, you probably started your affiliate marketing business with Clickbank. Why? Because Clickbank probably has the largest digital products in the world. If you are looking for an ebook to sell, you probably will see something that suit your niche market in Clickbank. However, there are also some dark sides to Clickbank that you might not know. Well, you can't exactly blame this on Clickbank because it is the people who exploited the convenience of the system.

And before we proceed to the good and bad of Clickbank, you might want to take a look also at the explanation of the abbreviations found on Clickbank.

$/sale: the commission you are going to get when someone bought the product through your affiliate link.

Future $: the recurring or residual income. This affiliate program might offer back end offer or charge certain monthly fee for membership.

Total $/sale: total commission of $/sale + Future $.

%/sale: the percentage of sales the vendor is offering. If the %/sale of the product is 75% and it cost $100, your commission will be $75 (including Clickbank commission).

%rfd: this the number of sales came from affiliate marketer instead of the vendor.

Grav: this is the gravity which means the number of affiliate marketers who are promoting this product. So, the higher the number, the competition you will face.

That basically sum up the terms you need to know about Clickbank and let's proceed to the good and bad about this popular affiliate network.

Good

Just like what you saw in the abbreviations, Clickbank provides clear statistic to the performance of the affiliate product it carries.

As you already know, Clickbank hold most of the digital products you need and it basically settle all the administrative stuff for you. You just need to sign up for an account, find your affiliate program, create your affiliate link and start promoting your link.

As long as your commission has reached your set threshold, Clickbank will automatically mail you the check twice a month. Don't worry, Clickbank is punctual with the delivery. You just need to be ready to cash in your check.

The commission you get from Clickbank is usually very high. You can even earn up to 75% of commission. That is not all, imagine the money you will be earning if the products come with back end offer or monthly membership. Although the commission you earn from these channels might not be as high, it is still a great income source considering that you don't need to do much to get the money.

Lastly, you can promote multiple products with a single affiliate ID and this can really save your time and help you manage your affiliate marketing business.

Bad & Ugly

Because Clickbank is a famous affiliate network, many vendors publish their product with the network. However, Clickbank didn't screen through the products hence I can say the products that you see in the network is not all are quality products. You need to look at the reputation of the vendor, the sales page and probably search for its review in the search engines. Surely you don't want to waste your time promoting something that is not good.

The worst thing about Clickbank is that it is easy for people to hijack your commission.

It is common that buyers will create their own affiliate link and order the product through their link. Once they reached the threshold, they will get the commission and save some money in the process.

Imagine all the hard work you have done to promote the product to the visitors and they bought the product without sharing the commission to you. It is really sad.

I hope I have shared enough information with you about Clickbank and you can start making money with the business.

Create your affiliate marketing business,

Wong Michael.
www.BeyondAffiliateCash.com/

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


P.S. Making money with affiliate marketing can be devastating sometime. Still, you can always get more tips to earn your online income with ease. Why wait? Just put in your contact today and start learning from the free ecourse.


First Name:
Email address:

Thursday, September 3, 2009

Are You Equipped With These 3 Things?

Since you are starting your affiliate marketing business, I would assume you have prepared extensively for the business. But just before you start promoting your business, I would like to do a quick check with you that you have at least equipped the 3 things below for your business.

1. Unique websites

I don't know about you but I have seen affiliate marketers lumping all of their products into a single website.

That will certainly affect your ranking on the search engines. Why? Because you didn't give the search engine a clear understanding of what your business is about. Your products can range from coffee machine to game console. Then, you are like a grocery store with a single displaying shelf where you stuff all your products onto the shelf.

Do you think anyone will recommend your business to others? Worst still, do you think there will be people wanted to visit your store for products?

I know that it can be quite challenging financially managing a few websites for your affiliate products. However, these are the challenges you have to go through if you were to be successful in this business. If you can't afford the budget, you can always promote some of your affiliate products in free platform like blogging.

2. Freebies

If you already setup your websites for every product, do you offer any freebie say like demo version on your website? You should know that most people only buy after seeing your offer for at least 7 times. So, it is important that you have a channel to show your offer to your visitors constantly and the freebie help to do that.

In order to get your freebie, your visitors have to sign up to your newsletter or list. Then, you will schedule your autoresponder service to deliver your offers to your members accordingly. With that being said, you will also need to set aside some budget to pay for the autoresponder services.

However, the list is not just for you to exploit on your visitors. You too have to share valuable information with them regarding the niche you are in. This is very effective in helping you to build relationship with your list members. Once you have built the bond with your members, it is easier to talk to them to find out what they really need from you and that really ease up the process for making money with affiliate marketing.

3. Traffic

Well, you can't create the unique websites and leave them alone. Right? You need people to visit them, look into them and think about your offer. That is why you have to

Write your personal review about the affiliate product. Share with your visitors how you feel after using the product and how it has actually improved your life with the product. Buyers are interested to see what other people think about the product before they buy it. If you can share an honest review with them and have something to sign up to your list, you will close the deal easier.

Besides, writing product reviews can help to boost your website ranking. If you are having problem exposing your website, try writing reviews and include your affiliate link at the end of the review. It can help you to make your website more visible.

Create your affiliate marketing success,

Wong Michael.
www.BeyondAffiliateCash.com/

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


P.S. Making money with affiliate marketing can be devastating sometime. Still, you can always get more tips to earn your online income with ease. Why wait? Just put in your contact today and start learning from the free ecourse.


First Name:
Email address:

Wednesday, September 2, 2009

How To Build Your Affiliate Marketing Business With No Money

You probably have heard it many times that you can build an affiliate marketing business for free. However, when you really go into the business, you start to see that you actually need money to build the business. But what can you do if you are tied down by the starting budget? Below are some useful tips to help you start your business without spending much money.

1. Blogging

It is good that someone has invented blogging platform because this enable you to still make money with affiliate marketing even though you can't afford a website. With the success of numerous blogging sites, it has become a wonderful way to make money online.

You can setup your blog at blogger.com, start and wordpress.com, (not wordpress.org because you need manage it with hosting service). The setting up is easy and fast and both of the platforms provide ready made template for you to use. Both of these platforms also allow you to do some customization on the font, color and layout on your blog so that your blog can look more unique compare to the other bloggers.

Once you have setup your blog, start posting about your niche consistently. After that, start to market your blog in whatever way you can and here is one tip for you. You can actually import your blog to your facebook. Then, you can share what you have written in your blog with your friends. With this, you can imagine the traffic you will get if you are a popular person in facebook and you are having your own fan page.

However, you need to know that facebook can only import the writings you have done in your blog. It can't show the video you have posted on your blog. I am not sure about audio and picture because I personally haven't publish then yet.

2. Articles

Since you are writing for your blog, have you ever thought of writing articles to promote your affiliate marketing business?

Writing an article is similar to writing a blog. The difference is that when you are writing an article you tend to sound more professional instead more layback in your blog (well, at least I try to be more layback in my blog).

Then, try to limit your writing to 300-500 words per article. Not many people are interested to read an article with 1000+ words. If you really have so many things to say, try to make your articles into 2 separate parts to ease your readers.

But when you are submitting your articles to the article directories, remember that some directories will reject articles that are titled with part 1, part 2 and etc. So, structure your title properly so that your article will be accepted by the directories.

3. Forums

This is one of the most overlook methods affiliate marketers.

You might thought that you are unqualified to advice other people because you are new in affiliate marketing. But to tell you the truth,

"No one is unqualified to advice other people. Everyone can learn something from everyone else."

I am still learning about affiliate marketing even though I am making some money in this business and I believe many gurus in the business are also doing the same thing.

So, go ahead and start posting in forums.

Create your affiliate marketing business,

Wong Michael.
www.BeyondAffiliateCash.com/

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


P.S. Making money with affiliate marketing can be devastating sometime. Still, you can always get more tips to earn your online income with ease. Why wait? Just put in your contact today and start learning from the free ecourse.


First Name:
Email address:

Tuesday, September 1, 2009

How To Find Your Customers Even With Truck Loads Of Competitors

I don't know about you but there are more and more business being transacted online now more than ever before. If you look at it, there are more and more businesses being setup everyday and it is common nowadays that an affiliate marketer will have more than one affiliate marketing business. Since that is the case, how are you going to make money with this business when there are so many competitors in the market?

1. Search engine

You make your searches through the search engines. Right? So are the other internet users all around the world. So, what is the better way to get your clients if not through search engine marketing?

To start with that, build your website around your product and the possible way your product and service is going to be searched online. If you are an affiliate for coffee machine, you will want to start building your website with keywords tagging of coffee machine, articles, images and probably links to other websites selling coffee machine. However, looking at the humongous number of competitors nowadays, you might want to look for more targeted keywords to put in your website.

One of the ways to help make your website rank higher in the search engines is to get more links back to your website. You can ask the website owners to link back to back to you but some of you might feel awkward to do that. If that is the case, you can always make your website the authority site for your niche and people will be linking to your site without you even asking. However, that might take some time and hard effort.

2. PPC

I hope you already know basically how PPC works because I am not going to explain it here. The ultimate goal for using PPC is to get the maximum traffic with the least cost. Many affiliate marketers started their affiliate marketing business with PPC only to see later their marketing budget being sucked dry by the system.

If you are planning to use PPC to start your business, you MUST do your keyword research. Just like what you have read in the search engine marketing, competitors are everywhere in this business. If you start your PPC campaign with general keywords, I can guarantee you that you will burn your piggy bank if you compete with them head on.

If you are in the coffee machine niche, you might want to target the keywords with the specific brand you are affiliate with. But with the competition nowadays, you might still have to pay a great sum of money to get the traffic you want. Can you target your keyword with geographical area? This will certainly lowered your traffic because not many people will make searches like "your coffee machine brand Hawaii". Still, this can lower your cost and probably start a new selling channel for you.

The next important tip about PPC is that you MUST track your ad performance. If your PPC ad is not driving the right traffic and helping you to make the money you want, you will have to start tweaking your ad. Surely, you don't want to keep spending money instead of making money with this business. Right?

3. Outsource?

If you have the money to spare and if you are unfamiliar with PPC, I would advice you to hire external help first rather than starting your PPC campaign.

But before you pay for any help, you have to do some background check on the parties you are paying to. Do you know anyone who used their services? Can you research for their review online? Ask other affiliate marketers, do they have any company or freelancer they can recommend to you?

When you do get into contact with the external parties, remember to communicate clearly with them what you want to see with your business. Make sure that they understand fully about your product and services. Also, remember to get a clear quotation about their services and make sure there is no hidden cost. You don't want to end up in argument with the parties instead of getting your business up and running.

Create your affiliate marketing success,

Wong Michael.
www.BeyondAffiliateCash.com/

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


P.S. Making money with affiliate marketing can be devastating sometime. Still, you can always get more tips to earn your online income with ease. Why wait? Just put in your contact today and start learning from the free ecourse.


First Name:
Email address: