Now that you’re considering opening your own affiliate marketing website, you have to pick a product to sell. In previous articles, we’ve talked about how important it is to pick a product you know a lot about since you’re responsible for writing articles that try to get people to buy your product.
But there is more to it then just writing snappy articles and providing a link at the bottom of the page. Knowing how to market your articles will go a long way in determining if your site is a success or a failure.
In the process of picking out a product, don’t be afraid to go “niche.” What that means, essentially, is don’t worry about picking an item that may only appeal to a small number of people. If you pick something like televisions or books, people can go down to their local Best Buy or Barnes and Noble and get those items. If you deal with a company that most people don’t have in their towns like L.L. Bean or Tower Records, people will be more likely to shop with your affiliate site because of the prestige of those companies. People can get a pair of boots or a CD anywhere, but getting those items from those stores is extra special.
Make sure your content relates to the demographic your after. If you’re selling life insurance, you probably want to have content that is going to connect with older folks, not the skateboarding crowd. And this advice goes the other way, too. If you’re selling skateboards, make sure your content is going to appeal to that generation. You wouldn’t want your content to read like an ad for life insurance. Of course, there are some products, like books and CDs, that cross generations, but you can still write your content so it aims at a particular audience. This is the other side of “niche marketing;” making sure that your content is written for exactly the people you want to buy from you.
Niche marketing can be a hard skill to master. Most people want to create a broad affiliate marketing site that doesn’t have a lot of focus so that it appeals to the most people. While this is tempting, you can be left with a site that appeals to no one at all. By zeroing in on the group most likely to buy the product you sell on your site, you can lock yourself into a niche market and, chances are, your sales will explode.
Tuesday, July 10, 2007
Choosing a “niche market”
Wednesday, June 20, 2007
Avoiding affiliate scams
Walking that tightrope between spending money and making money on your affiliate website can be tough. Paying to advertise your affiliate website is a great idea, but only if you're making more money then you're spending, and that isn't always as easy said then done. How can you make sure that you won't end up in the red? Here are a few helpful tips.
• Have realistic expectations. While it is possible to earn a boatload of money by setting up affiliate marketing websites, don't expect to be bringing in $10,000 a month right off the bat. Every product sells in a different way, and finding that perfect niche takes time. Also, experience is very important in the world of affiliate marketing and the more you have, the better you'll do. Be patient, stick with it and you'll see your profits rise with your experience level.
• Know how to advertise. Google has an affordable and easy way to advertise through their Adwords program. You've seen these ads on Google, they are usually at the very top and on the right hand side of every single search that is done. Google performs hundreds of thousands of web searches every second, so the chances of a search that would trigger your set of key words is pretty high. Just remember that for each time your ad appears, Google will charge you a fee. Make sure you're getting the most value out of each sale because, otherwise, Google is making money off you instead of you making money off of your customers.
• Make sure your affiliate partner is trustworthy. If you're just starting out in the world of affiliate marketing, it might be a good idea to stick with the big boys like Amazon or Citibank until you learn the ropes. There are less trustworthy sites out there that are looking to have affiliate marketing done that might not deal with you in a completely honest manor. Until you learn the ropes of affiliate marketing, it might be wise to go with a major corporation that you know will pay out and treat you with respect. You don't want your first marketing effort to be a bad one.
Unfortunately, since affiliate marketing has become so profitable in recent years, there are companies out there that will try to scam you. If you're an experienced affiliate marketer, you know most of the tricks of the trade, but if you are new to the game, stick with familiar companies until you figure out the best advertising cost or revenue balance.
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