Now that you have completed the initial five steps towards running a profitable and successful home business, you are on to the sixth step in the series. This step is when you settle down to making money in the particular niche you choose for yourself. We already know that there are various means through which you can earn money online. So, whether you have chosen to create and sell information products, engage in copywriting, be a website designer, software developer or be an affiliate marketer, you stand good chances of making reasonable income online as you satisfy your numerous customers and clients.
Let us take affiliate marketing as a case study in this regard. There are numerous affiliate programs which you can use to boost your income as you run your online business. These programs offer free membership. The moment you sign up with any of these programs, you are given an affiliate link which is your own unique ID as an affiliate marketer. This link is what you use in marketing the chosen merchants’ products and each time sales are made through this unique affiliate link, you earn a commission. This is the major reason why it is important that affiliate marketers work hard to ensure that they promote those products they have chosen to sell.
For example, if your chosen niche is beauty, you can market beauty products or information products for a couple of merchants for a start. If your chosen niche is health/fitness, you can market supplements or training and exercise gears. You will also advertise these products on your website and write compelling content and reviews about these products. Your affiliate links are usually embedded somewhere in the content and should any visitor click on the links, they will be taken to the merchant’s site and if a sale goes through, it means you have earned a commission. What a way to maintain and maximize additional passive income stream.
Let’s take a look at the steps involved in registering with a reputable affiliate program. We shall use TripleClicks as an example. It is a huge marketplace which runs a free program where you are able to receive commissions when visitors make purchases through your affiliate link. With about 100.000 products available and the possibility for you to sell your unwanted stuff, this platform represents one of the biggest opportunities ever made available for e-commerce profits! For you to register as an affiliate under Tripleclicks.com, here are the steps involved:
Step 1: Click on the following link to go to the registration page. This is how it looks like:
Step 2: At the upper right comer, you will then click on the button that reads “Join FREE Here” as indicated bellow. Here starts your onward journey towards being an affiliate marketer with TripleClicks. Just fill the provided form, click “Continue” and then follow the instructions.
Step 3: When you will click the “Finish” button, your information will automatically be submitted to the program and you will now get your unique affiliate ID. This ID is automatically displayed on the TripleClicks affiliate links you embed on your site, including blog. These whole procedures usually last between a minimum of 24 hours to a maximum of 72 hours depending on the affiliate program you are joining. However, while your application is being processed, you are allowed access to the several affiliate products to further help you decide the brands of products you wish to market.
Now you can see it’s a pretty easy to register and at the same time, increase your online passive income through affiliate marketing. There are some myths about affiliate marketing that you need to know about. One of them is the myth that there are certain programs that make more money for affiliates than others. Well, this is difficult to say because it’s not simple to designate the best affiliate program, as each has some benefits and drawbacks. Some criteria you may look at when choosing an affiliate program are for example:
The Compensation plan : You need to check what it’s the structure of the compensation plan for the program you are joining, like what are the different income streams, what is the commission rate per sale, what are the possibility to build a passive income business.
The provided training and tools : as much of us are beginners in the Internet Marketing industry, we need to make sure the program you are joining will teach you at least the basics to best promote their products a make decent money.
The support: Also check if there is a support platform available 24/7 to help affiliate with their issue, and provide you the information you need when you need it.
The payment schedule and method: Check when the system payout commission to affiliates. You can browse some forums to check for feedback and reviews about that. It’s very important for you to know when the money is send out , and how! we talked about owning a merchant account in the preview article, you should be able to use it to receive your payment.
There are probably some more criteria, but these are for me what make the difference. But please note that none of this is relevant is you don’t put the required effort and commitment to succeed! It’s your business, so treat it the same.Also, if you want to make a good kill with affiliate program, go for the one that matches with your site’s offering.
For example, Ben brings in approximately $1,500 per month marketing clothing accessories on his website and Matthew barely manages to bring in less than $500 per month from his own website from marketing the same products as Ben. Why this significant income difference between these two home business owners? It is very simple. Ben’s site is designed to match the sales of clothing accessories and he signed up with a matching program while Matthew signed up with a program that is mostly known for retailing cooking wares. Now you can see where the problem is – the program Matthew chose is not relevant to his site’s visitors and his niche.
So, if you wish to make headway as an affiliate marketer, don’t make the mistake of comparing your sales results or efforts with other marketers. Instead, channel your effort towards marketing products that match your site. Register with a suitable program. Apart from TripleClicks which is embedded with SFI (you can see the review here) , other programs include Clickbank and Commission Junction. To further boost your online business, you should opt for to market products for merchants who offer a minimum of 50% commission. Also, ensure that the merchant has a thorough and compelling sales page for the product you choose to market. Now, go ahead and start making money while you move on to step 7 which can be found this blog’s page here.