Monday 14 December 2009

How to Start Making Money at Home with Affiliate Marketing Free

Affiliate Marketing is an association whereby the merchant and the affiliate have an agreement to share the profits of selling goods or services. The affiliate will promote and advertise the seller’s products or services and for his/her trouble is paid a high commission. Affiliate marketing has become an ever expanding industry probably the largest expanding because of its cost-efficient ease of process and high profit ratio. Some of the very successful affiliates have become affiliate gurus and made millions of dollars in a very short time.

The affiliate marketing process works very efficiently for both the merchant and the affiliate. For the merchant he can concentrate on producing more products and recruiting more affiliates. The more affiliates the higher the profits. By having a network of hard working affiliates, the merchant is saving on marketing time & costs and therefore they do not have to go looking for new customers and so concentrate as stated, on yet more products. For their trouble affiliates are paid a very high percentage commission and if the product or service they promote and sell is well received, the affiliate's customers may well buy other products in the future as affiliates will build a list of customers or potential customers as part of their process.

If you want to make money online becoming an affiliated marketer, there are some key things you have to do before you begin. Firstly, think about a subject that is a favorite of yours, one that you are knowledgeable with and hopefully will not get bored with. You need to portray yourself as an expert so, promoting a passion of yours will help in the field you are advertising. By doing this hopefully you will gain the trust of your potential customers and hopefully they will form a trust with you both now and in the future.

You then need to look for good paying merchants for products or services that are related to your passion. Create a simple website to promote this product. Do not be put off by this, web pages are very easy to copy and clone nowadays. You then need to sign up with an affiliate network. There are many affiliate networks that you can sign up to nowadays. These networks handle all of the payments and order processing parts of the affiliate marketing. So, you just advertise the product; link it to the affiliate network site and if the prospect converts into a sale you will receive a high commission. Be cautious with your choice of affiliate networks and the products they sell There are various online tools available to help your in your choice. Also make sure you check out the payment terms and the sales conversion rate of the product you are hoping to endorse. You need to be sure that the product you are promoting will convert into sales and that you will be paid your commission.

Once you have made you choice of product, you will need to purchase a domain name and a hosting account to go with it. Your should then be ready to promote the product you have chosen. To attract visitors to your website you now have to promote your website. Without theses visitors you will have no sales. There are numerous ways of promoting a website. You will need to study this part of affiliate marketing because if you have no traffic, you will get no sales
Once you have people visiting your site, you can if you are lucky, earn vast commissions in a matter of weeks, especially when you have moved on to other products and you are endorsing and promoting high profile, expensive products. When a new product is launched, some of the established marketers and gurus earn thousands of dollars in no time at all.

You however need to start small, obtain and learn the basics. Affiliate marketing may seem very tempting but you need to understand the basics and this will require an initial effort for yourself. Try to get hold on the latest techniques and ideas and be prepared to use them. A strategy for one product may not necessarily work for another product. Just by signing up with a merchant does not guarantee success no matter what the potential conversion rate of the product is. When starting out many affiliates are not too successful and quit very quickly. You need not be one of theses quitters. Study and learn the art of affiliate marketing and you could become rich too.

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