Archive for May, 2011

One reason why affiliate marketing is so popular as a way to make money is that you can start a home based online business and make money selling somebody else’s product or service without setting foot outside your own front door. Although setting up a simple affiliate marketing plan may sound easy, and even if affiliate marketing is not rocket science, it is worth remembering that it still requires work, patience and dedication to succeed.

Many people are fascinated by the idea of making money from someone else’s product which makes this an extremely competitive field so you will need to invest time, effort and possibly some money into your online business.

Here are 3 easy affiliate marketing tips for beginners to help you on your way:

1.  The first part of having an effective affiliate marketing plan is to choose the product that you want to promote, and it will need to be commercially viable. This part of the exercise is not that difficult but you should bear in mind that there are literally thousands of products available, some good and others not that good, so it is important that you have a list of criteria that any products or service you choose will need to meet.

A good place to start off with is Clickbank as this is not only one of the largest and most popular sites, but they also offer many simple affiliate marketing tips for beginners, with stats that can help you in making your decision with regards to a particular product. Of course if you are still uncertain then you can always go ahead and contact the owner of the product to confirm the sort of sales and conversions it receives, and ask for some proof of these claims. Any merchant worth his salt will be willing to provide you with these details.

2.  Another important tip in any simple affiliate marketing plan and one that is often overlooked by affiliate marketers is the need to do traffic testing and tracking. You probably realize that there are hundreds of different ways to attract targeted traffic to your affiliate promotion, but how do you know which one will work best for you? The truth is that you don’t really know.

The only way to find out is to try one or two for a while and see how they work out and then compare them to each other. When you find something that is outperforming the others, then spend more time and effort on that one and let the others go.

3.  Last but very important tip in your simple affiliate marketing plan it to see what kind of support you can offer your customers. Whether you are selling a product of your own or the product belongs to someone else, you must be prepared to answer any questions that prospective customers may have. This is one of the things that will separate you and make you stand out from the affiliates who do not bother to answer questions.

This may mean that you will have to purchase the product yourself instead of just promoting it blindly without really knowing anything about it and whether it has any problems that a possible buyer should know about.

By following these 3 easy affiliate marketing tips for beginners, you will get your online home based business off to a good start and will stand a good chance of becoming one to those successful affiliate marketers that we always read about online.

It is not important what size your home based online business is, having effective newsletters is an essential tool. Creating a newsletter campaign is something that should be done by any business whether it is online or offline and it is a tool that even a newbie can benefit from. Even if the major part of your business is offline effective online newsletters can still give you numerous advantages.

You can have a newsletter that is delivered weekly or monthly, it just depends on the type of business you have or whether you are offering products or services. The main key is that it should be delivered consistently.

Here are 3 reasons why your home based business needs effective newsletters:

1.  A newsletter keeps you connected with your customers and one of the biggest benefits of creating a newsletter to add to your marketing strategy is that it gives you an opportunity to stay connected to your target market and it does not matter is they are current, previous or potential customers.

It is not always easy to get contact details from people, but if you offer something of value in return for their name and email address they are far more willing to give you what you want. Creating a newsletter is an excellent way to offer people something without having to develop a full-fledged product such as an e-book or a report. Also by remaining in contact with them on a regular basis you can rest assured that when they need something that you have on offer, your business will be the one that they think of first.

2.  You can enhance your brand loyalty with effective newsletters and brand loyalty is an exceptionally powerful commodity, so anything you can do to improve this is well worth doing. The best way to build brand loyalty is by offering customers a product that they feel cannot be replaced. Creating a newsletter that enhances brand loyalty can be done in a number of ways. The first is by giving them extra free content that offers some value and adds to what you have given them in the past, as this will encourage them to stay with you in the future.

3.  Effective newsletters can also be useful as an extra stream of income for your home based online business. While promoting your own products or services you will also be providing useful information to your customers and you will probably find that there are complimentary products available that you can offer them through various affiliate programs. By promoting these programs to people who are already on your list and with whom you have built a relationship should be easy to do, as these people already know and trust you. These products can be a great source of extra income to your business, and you do not have to worry about doing any form of direct selling. The main point to keep in mind though, is that building trust and brand loyalty to your own product is your primary concern.

From this you can see that marketing with effective newsletters can be very beneficial and it really makes no difference what sort of business you run. They will ensure that you keep in touch with your customers and will increase brand loyalty and when used correctly can be part of an additional income stream as well. The main thing is to be sure to remain consistent in their delivery so that your customers learn to expect them and look forward to hearing from you.

Even though ezine advertising is not the most popular method for advertising it is still a very effective one. It is not a question of whether it works or not but more a question of whether it is worth spending your budget on this method. There are a number of factors to take into consideration before making the decision on whether this form of advertising is right for your online business and if it is worth investing your money in, and will it give you a reasonable ROI (return on investment).

Let’s take a closer look at some of the points to think about before deciding to go ahead.

1.  The first thing to think about is the type of online business you are running. If your business is geographically limited to a particular area, then ezine ads that have a worldwide following are probably not going to give you your money’s worth because the access you have to possible customers will be of little benefit to you. At the same time you should be aware that there are many ezines which are geographically targeted if you can locate them, but you need to make sure that the content on these are in alignment with your own online business niche. When all these things are in place then you have an excellent chance of success.

2.  Another point to take into consideration is just how responsive the list is. Generally a good quality ezine can give you an idea of how successful the advertisements are, but if the ezine is published in PDF format it may not be so easy. In this case a good idea would be to look at previous advertisers, and if you see that many people are placing repeat ads then in all likelihood the advertisements are converting successfully.

3.  Take a look at the growth rate of the ezine and especially at some of the variables in relation to the growth rate. Firstly take note of how many opt-ins it receives each month or however often it is sent out. The more opt-ins it get the bigger your chance is of getting a reader audience who have not started suffering from “ad-blindness” yet. You also need to take a look at the rate of opt- outs. If this is more than the number of opt-ins then it is possible that the content on the ezine is not all that great, which can adversely reflect badly on your own online business through association. It could also mean that many of the readers do not even read it.

Ultimately ezine advertising may be worth the expense so long as you ensure that the ezine is aimed at an audience similar to your own online business target market, and that they have a proven track record of responsive advertisements in the past. Although it is not essential, it may be to your advantage to take a look at the growth rate of the ezine in connection to both opt-outs and opt-ins.

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