Thursday, May 10, 2007

Make Money With Affiliate Programs - 4 Key Ingredients

Affiliate programs is by far one of the easiest ways to make money online. It is a revenue sharing business relationship between the affiliate who agrees to promote the products or services, and the merchant who offers them. The affiliate marketer get paid through sale commission where it could be in term of percentage sale or exact number which has been predetermined earlier.

It is easier because affiliate marketer don't have to have any website or online store to sell their merchant's product. So no programming skills are required and even more good news no capital needed to setup any website.

There are some successful marketers who have totally devoted their internet business years after years just make money with affiliate programs although there are other ways of generating income online. If you are newbie to internet business and would like to make money with affiliate programs and have some success in it then you need to concentrate on 4 key ingredients.

1.Good Market.
You need to do some research and find out what did most people buy online. This can be done by using keywords research tools. This tool can give you the estimate of monthly or daily search through the search engine such as Google, Yahoo or MSN.

Find out too from among the popular keywords which one related to products people buys in a hurry or can make quick evaluation of product and then buy. Try to get at least 5 different products as a start. It is kind of multiple stream of income which means you need to diversify your business. It is the most important concept of succeeding in internet business or in this case to make money with affiliate programs.

2.Good Product.
Find out which affiliate programs have the products you are looking for from the list you have gathered. When you have found one do research on that company or website whether they have credentials and can be reliable or in other word legit. You can use Alexa ranking or any ranking tools to help you in your evaluation.

When you have found 4 or 5 merchants then select the most popular among them. Don't worry too much about the commission cause as newbies you need to use your merchant popularity as your selling strategies.

3.Good Marketing Strategy.
As newbies one good marketing strategy you can use is pay-per-click(PPC) advertising. It gives you the quickest chances of getting targeted customers and most probably buyers. PPC advertising is bidding on keywords for posting ads on search engines result pages. Keywords are phrased that are searched through search engines by surfer. Normally the minimum bid is 5 cents. And only once click by surfer you are billed the bidding amount.

All bid are ranked. Some popular keywords has higher bid which could reach USD50 or more. The higher the bid the higher the ranking. The higher the ranking the more chance your products of getting exposure to any potential buyers. And that means more chance of you getting sale commission. But the chance of you getting sale commission is determined by the conversion rates. Therefore you need some skill to do good job in having high conversion rates and to make money with affiliate programs a profitable one.

4.Good PPC Advertising Lessons.
The most popular PPC advertising is Google Adwords. So do some research and find out where you can get excellent courses on Google Adwords. And again use ranking tools when evaluate any available courses. You need to understand by now that in internet business world higher popularity means better quality. Don't spend too much on courses cause you need capital in PPC advertising.

Make money with affiliate programs using pay-per-click advertising is indeed a very profitable one when all ingredients are in placed. And when the ingredients are already put in front of you then only required knowledge, will and desire will determine where your journey will end. Therefore put plenty of will in your heart and remember what Arnold H. Glasgow said, “Success is simple. Do what’s right, the right way, at the right time.”

Redzuan Adnan is a full-time internet marketer who wants to explore all available internet business opportunity when the right time comes for each one of it. He hopes after gaining those knowledge he could help newbie start smoothly in internet business without wasting countless hour and money just to start it.

Check his work at Make Money With Affiliate Programs

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