The best way to get started in internet marketing is to promote someone elses product or service. When you do this it is called affiliate marketing. You do not need to come up with your own product idea, you do not need to ship products and you do not need to contend with payments or customer service issues. It is a low cost way to start an online business and if you are successful it can prove to be quite lucrative.
Here are 3 ways you can profit by marketing affiliate products:
You can get started blogging for free. However, I would suggest if you are going to promote products that you at least pay for a domain name and host your own blog. It can costs as little as $7.00 per domain name and you can get hosting for as little as $10.00 per month.
Becoming an affiliate is a great way to monetize a blog. If you are blogging about motorcycles for example, you can post an affiliate page to ebay and list all the motorcycle auctions that are going on or it can be as simple as reviewing a product on your blog and including a link to that product. Incorporating affiliate products into your blog is easy and can earn you some extra cash.
If you dont have a list of potential customers than you should definitely start one. For those that already have subscribers to a newsletter it is easy to make recommendations to your readers. Once you have established trust with them they are more likely to take what you say to heart. This includes recommendations. If a product offers an affiliate program than it costs nothing to mention it in your email.
The one thing that is important here is to remember that the product should be of value to your readers and related to what you do. All you need to do is include a special link to the product in your newsletter and earn a nice commission. If you have a large enough list your commissions can get high very quickly. This depends on the type of product of course. Some products offer more commissions than others.
Its easy to start a small mini site that reviews products. You want to do your research and keep it focused of course. You can recommend anything from web hosting providers, credit cards, insurance companies to what is the best educational toys for kids. The list is endless of all the different types of products you can review.
The more value you can add to your website the better. You can add value by including a comparison chart, past customer reviews, ratings and comparing features. When people are looking to make a purchase they often do some research on the internet. What better way to provide value to a new customer than to provide them information about all the different products in one area of interest.
If you are good at writing reviews people are more inclined to click on your link. The link that they click on is a special affiliate link that goes to your affiliate website and if the person decides to make a purchase off of your recommendation than you will earn commission on the sale.
It is important to remember when marketing affiliate products to make your recommendations as stream- lined as possible. What I mean by this is, when you are putting your affiliate link on your site, blog or email make it look as though it is originating from your own site. You can do this through redirects and link cloaking software for example. It can be easy for someone to bypass your affiliate code and go straight to another website without using your affiliate link. After putting in all the hard work and research into your website or blog you would not want to lose your commission.