Make Money Online With Affiliate Marketing 2015
The Key To Make Money Online Is To Actually Start!
Many people roam around looking for the next shiny object. They are suffering from the shiny object syndrome. Don’t be one of them! Have the guts to actually start! Don’t be afraid, we have all been newbies.
I’m going to present a strategy that is easy to do as a beginner and if you follow it through and don’t give up, you will make a profit from it.
WHAT IS AFFILIATE MARKETING?
First, I would like to explain what Affiliate Marketing is. An affiliate marketer is a person who promotes other people’s products and get a commission from the sales he/she make.
To be a successful affiliate marketer, you need to find the niche you enter fun and exciting. It makes everything much easier if you are passionate about a certain topic.
So, to begin with, you’ll start with writing down a couple of topics you are passionate about.
It could be fitness, pets, muscle cars, golf, yoga etc.
There are four important questions to ask yourself:
- Are there products in this niche that you can write about (promote)?
- Do people in this niche spend any money?
- Can you profit from this niche online?
- And finally, ARE YOU PASSIONATE ABOUT THIS?
OK, let’s do some researching!
RESEARCH #1 – IS THERE A MARKET?
There are multiple ways to find out if there is a market for your passion.
First off you can start by searching for your passion on Google. Just type the word/words in the search bar and hit search. If you, for example search for “healthy foods” you’ll end up with millions of hits. That’s good, but this is a rather rough estimate.
You can go to Amazon.com and check the amount of books selling in that niche.
You can use Google Trends. Be aware that a search in Google Trends is on exactly that keyword so have a look at related searches as well or add similar keywords to the search.
Google Keyword Planner is another great tool. You need to register a google account first. Then choose Tools, Keyword Planner.
Add some keywords and select USA as a country (just for comparing niches) and click Get ideas. Your result overview will be displayed. Click on the Keyword ideas tab. Here I’ve chosen to search for healthy foods.
This will give you a result of 33,100 Avg. hits/month in that niche. Also look at the related keywords below. If you find results between 2,000 and 15,000 then that is a good start.
The healthy food niche is pretty big, so you’ll have to be more specific.
A simple rule is to drill three deep, meaning that if you are in the niche of healthy foods then you are two down.
Lvl 1 – foods
Lvl 2 – healthy foods
Lvl 3 – this could be healthy foods that is good for diabetes or healthy foods that helps you lose weight.
Remember one thing: Just because a niche has 100,000 searches/month or more doesn’t necessarily mean it’s the perfect niche to launch your business in.
RESEARCH #2 – DOES THE MARKET SPEND MONEY?
If you don’t want to waste your energy (and money) you have to make sure people spend money in this niche. You need to find out if there is competition because if there is a competition you know people is profiting from it and so will you! No competition = No money!
We start out by going to Clickbank . Clickbank is one of the leading companies in providing a marketplace for digital products. They have 6 million digital products to choose from in every profitable niche. They also handle all the commissions you accumulate as an affiliate. It’s a great place to start researching.
Click on the menu named Marketplace. Click on a category and Clickbank will show you a list of the top selling products in that category.
Now, look at each product. At the bottom it shows some stats. The stat we are interested in is Gravity. Gravity is an indicator of how popular this product is and how good it sells. All the top products have a high Gravity. We will focus on finding a niche that has at least 5 – 6 products with a Gravity of 30 or more.
Check your niches you selected in Research #1 to find out if there is enough products in that niche and if they are profitable enough.
If the Gravity drops rapidly, perhaps in the 10th place it has 0.9 in Gravity, then it tells us that only the top products in this category are selling. I could be products of a big brand.
RESEARCH #3 - CAN YOU PROFIT FROM THIS NICHE ONLINE?
Well, if you found products on Clickbank and Amazon I think you can say, YES, you can profit from this niche online.
FINDING PRODUCTS TO PROMOTE
When you write about someone else’s products, you want to earn some money from it, right?
The easiest way is to become an affiliate partner for that product. When you sign up for an affiliate program you get a personal link to the product so when you write about the product and embed that link to the product in your article you earn commissions on that sale. The system keeps track of who is the promoter even if the customer buys the product weeks later.
There are many companies out there that keep records of affiliate products. Clickbank is one of the largest, but here is a few more:
OfferVault.com, Commission Junction, JVZoo.com and Rakuten Affiliate Network. All these companies have a massive list of products to promote.
Browse these sites to find good products that really help your readers achieve their goals. Once you have found some great products, write them down so you can go back and sign up for their affiliate program when your blog is up and running.
If you search a specific niche or product to promote, you can always search for it on Google and add the words “affiliate program” to find out if they have a program you can join to promote their product.
SO, NOW WE FOUND A GREAT NICHE AND SOME GREAT PRODUCTS, NOW WHAT?
The #1 factor for building a sustainable income stream is to build an email list. This is a list of email addresses to customers who are interested in the topic of yours.
To build an email list you need 3 things:
1) A FREE Offer
2) A Landing Page
3) An Autoresponder
The FREE offer is usually an e-book or a report of some sort with some valuable information. This is used as a bait to lure the visitors to become a subscriber to your email list.
A Landing Page is a page which shows the FREE offer and in exchange for the offer they have to give you their email address.
An Autoresponder is a service that capture a subscriber’s email when they opt in and allows you to schedule a series of emails to automatically go out to all your subscribers on a certain date and time. You can also use it to broadcast emails to all your subscribers at once. This is the heart of your business.
The easiest possible way to start is to buy a PLR. PLR stands for Private Label Rights. This is usually an e-book that someone has already done the research, written a book about it and now sells the right to use this e-book as your own.
Do a search for high quality PLRs in Google to find some resources. Here’s a few:
Even if you can use this e-book as it is, there is a way to enhance it. Rewrite the book to make it unique. You can either do it yourself or let someone do it for you. Save yourself some time and effort, and get a freelancer to do it for you!
Some great freelancer sites are: Freelancer.com, UpWork.com, Elance.com, Guru.com, Fiverr.com and 99designs.com.
You post your job on the site and the freelancers will bid on the job. Make sure the freelancer has a good rating and you read the person’s review.
When you have got your PLR rewritten and you have put your name on it, then it’s time to make a Landing Page set up with your FREE gift and connect it with your Autoresponder.
There are several Autoresponders to use, for example: GetResponse.com, AWeber.com, iContact.com, MailChimp.com, SendLane.com.
To get it up and running as fast and easy as possible I recommend using SendLane.com since it is an easy to use Autoresponder that also allows you to build and host your landing page. You can try it out for only $1 the first month.
Here’s the flowchart how to set it up:
1) Create a list for your email list.
2) Create a Landing Page.
3) Connect the list with the Landing page.
4) Set up a series of automated emails in the Autoresponder.
Look at SendLanes video tutorials how to set it up: http://sendlane.desk.com/
If you like some ideas on how a Landing Page should look like, go to Google and type in “your niche” + “landing page” and switch to Images View.
Not knowing what to write in those emails?
You should write free quality content on the topic mixed with stories about yourself and recommendations of affiliate products.
Why not sign up for someone else’s email list and learn how they are writing their emails. After a while you will get a hang of it yourself.
DRIVE TRAFFIC TO YOUR LANDING PAGE
The last step is to drive traffic to your landing page. This can be done in numerous ways.
There is FREE traffic and there is PAID traffic.
Paid traffic is faster, but saves you time and free traffic saves you money.
Examples of FREE traffic:
- Guest blogging – Write posts on someone else’s blog.
- Forum & blog commenting – Make comments on other people’s blogs.
- Share on social media – Talk about it on Facebook, Twitter etc.
- Write on Yahoo Answers – Answer people’s questions
- Solo Ad Swaps – Swap marketing emails with someone else who has a list (you need to have a small list yourself first)
- Make YouTube videos. You don’t need to show your face. Just make a PowerPoint slide sharing some information and link to your landing page for more info.
If you make quality posts you will be seen as an authority and people will check you out.
Examples of Paid traffic:
- Solo Ads – Pay someone to send you traffic. This is one of the best ways to build your list because the audience is already targeted people that is ready to buy.
- Facebook Ads – Facebook is simple to use and it is fairly cheap to buy traffic from Facebook + you have a great opportunity to laser-target your audience.
There you have it!
Thank you for reading and good luck!