For sites looking to monetize their existing traffic through affiliate marketing, a major determinant of success is picking the right offers to run. The difference in earnings from a bad offer and a good one can be enormous. Unfortunately, finding the “right” offer isn’t exactly easy; if you’re using an affiliate marketing network such as Commission Junction (now part of Conversant), SharesASale, or LinkShare, you will have literally thousands of affiliate offers available to you.
Let’s say that you’re running a company that specializes in shoes. Your customer base knows that you’re a shoe expert but also values your input on other high quality products — like handbags. Maybe your customers have asked you about handbags, and you find yourself recommending the same options over and over again. As a shoe vendor, you’re acting as a marketer for the handbag company.
In some ways, trying to establish a direct affiliate marketing relationship with a merchant is a lot like trying to get an advertiser to run a campaign on your site. But there is a major difference here that you should consider when reaching out to establish direct relationships: the biggest hurdle to overcome from the perspective of the merchant isn’t a cash payment (as it is with advertising) but rather an administrative burden.
The Associates Program is free to join, and we provide resources on the Associates Site to help Associates succeed with the program. We have never authorized any business to provide paid set-up or consulting services to our associates, so please be wary if any business like that (even one attempting to appropriate the Amazon name) reaches out to offer you costly services.
The notion that affiliate marketing is only for gigantic websites with millions of unique visitors is a thing of the past. In the affiliate model, you can receive commission in a pay-per-lead model, but the pay-per-conversion model is much more common. With that said, there is very little risk to the merchant. If there are no conversions, they don’t pay (other than any monthly membership fees charged by the affiliate network).
According to HowStuffWorks, “Affiliate programs, also called associate programs, are arrangements in which an online merchant website pays affiliate websites a commission to send it traffic. These affiliate websites post links to the merchant site and are paid according to a particular agreement. This agreement is usually based on the number of people the affiliate sends to the merchant's site or the number of people they send who buy something or perform some other action.
There wouldn’t be an increase in the price of the product. Price of the product remains the same whereas the profit shared is reduced. If the product is sold for 100 bucks and the profit is 20% then the price of the product remains the same. But the profit of 20% doesn’t completely go to the seller. The seller shares the profit with the marketer and both end up earning.
Ever since I first stumbled across the Elite Marketing Pro launch just about a year ago, I’ve completely loved the system. The amount of value that it has to offer in the form of educational marketing material without taking into account the income opportunity is insane. Everything from traffic generation to sales funnel creation to attraction marketing is covered in the training offered through What’s Working Now, and the products you get access to as a member.
Many email newsletter software vendors offer transactional email support, which gives companies the ability to include promotional messages within the body of transactional emails. There are also software vendors that offer specialized transactional email marketing services, which include providing targeted and personalized transactional email messages and running specific marketing campaigns (such as customer referral programs).
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