Since April 2020 Affiliate Marketing Interest Has Skyrocketed
With the help of the Internet, you can have almost anything right at your fingertips. With just a few clicks of your mouse you can get access to thousands and even millions of amount of information and data on virtually any topic of interest. As the Internet continues to grow and evolve in many facets of human endeavors, including commerce.
Experts say that the information space, known as the “World Wide Web,” grows by over a million pages every single day the more and more people utilize the Internet as a source of information, education, entertainment, business and for other personal reasons. It doesn’t take a genius to realize that this amazing phenomenon can bring anyone great financial success.
The fast-growing popularity of the internet in the recent years is surely an opportunity for business that any entrepreneur do not want to miss. Today with the pandemic situation is the best time in the internets existence that making an income with affiliate marketing has skyrocketed to an all time high.
Here below is a Google Trends U.S. data illustration of affiliate marketing interest from December 2019 to December 2020
You might be thinking only business gurus can make a lot of money on the Internet, don’t you? Well, Think again. You too can earn big bucks through the Internet even if you don’t have any products to sell or be a high-profile or an established company.
How? Through affiliate marketing. You might have come across these words online while surfing the internet.
What is affiliate marketing ?
Affiliate marketing is, Selling other peoples products that you don’t have to create, fulfill or do any customer service. The creator of the product takes care of all that. All you have to do is send traffic to your affiliate link and make a sale. The product creator takes care of delivering the product, customer service and making sure you get paid.
Affiliate marketing works for both the merchant and the affiliate. First, the merchant gains opportunities to advertise his products to a larger market, which increases his chances of earning. The more affiliate networks or hard-working affiliates he gets, the more sales the merchant can expect.
By getting affiliates to market his products and services, he is saving himself time, effort and money in looking for possible markets and customers. When a client clicks on the link in the affiliate website, purchases the product, recommends it to others who look for the same item or buys it again, the merchant multiplies his chances of earning.
On the other hand, the affiliate marketer benefits from each customer who clicks on the affiliate link and who actually purchases the product or subscribes to the service provided by the merchant. In most cases, the affiliate will get commission for each sale, which can be a fixed percentage or a fixed amount.
If you want to be an affiliate marketer and make fortunes out of the Internet, you may follow the following three most basic and easiest ways to start an effective affiliate marketing program.
First is to identify a particular thing you are interested in or passionate about so you don’t get bored and be forced to work on your affiliate web site later on.
Focusing on a specific area you know very well will help you bring out your best without much risks and effort. You can add a personal touch to your site and give your visitors who are possible buyers an impression that you are an expert in your field.
In this way, you gain their trust and eventually encourage them to buy the products you endorse.
Next is to look for good paying merchants and products or services related to your interest and create a website. In choosing the right products, you must also consider its conversion rate.
One of the most used methods of affiliate marketing is by giving away a free report or eBook to get your website visitors to subscribe to your email list and then promote affiliate products relevant and congruent with what they sign up for. For example if you give away a free report on how make money online then it would be appropriate to send them emails on how to make money online not about how to create a website.
Why is this the most used method of affiliate marketing ?
For one most media platforms ie. Facebook, Youtube, and others prefer to keep their visitors on their platform and not leave to an affiliate offer this is why some media platforms frown about affiliate marketing. However the best way around that is to get them to visit your website. For example you might write a blog post related to the topic of your affiliate program and through your blog they would preferably subscribe to your email list or you could send them to your affiliate product to make a purchase.
Quick Tip: After over 13 years of doing affiliate marketing it would be more cost effective if you can get your visitor/potential customer to subscribe to your email list specifically if your doing paid marketing. The reason for this is because your customer acquisition lets say $5 and if they subscribe to your email list the total cost would be $5. If they do not subscribe to your email list but you send them instead to your affiliate product you might get one sale from them but after this they will be on their way and you have no way of communicating with them to potentially sell them other products or a higher ticket offer. And in order to acquire lets say the same customer you will have to pay additional costs to get their business again. Hope this makes sense because this one tip will save you tons of money in your marketing and on the other hand make you potentially 5X the amount of profits or more.
If you’re looking to learn more about affiliate marketing you should learn from someone like Justin Atlan who actually has done it for a quite a while, who has actually been a training coach for the largest affiliate marketing platform in the world (Clickbank) and has extensive experience to be able show you how to really achieve success without wasting your time and money.