Jun 19 2009

Advanced Affiliate Marketing Strategies For Bloggers

Affiliate marketing is, and will likely always remain, my favorite method for making money online. At the risk of repeating myself, here’s why every blogger should get into the affiliate marketing game -

  1. You make a margin per product sale that is often as good or better than the person or company that produces the product
  2. You don’t have to do any product fulfillment, handle cancellations or any customer service whatsoever
  3. You have a huge range of products to choose from in most mainstream product categories
  4. You can enter new niches any time you like with zero switching cost, simply by finding a new product to promote as an affiliate (this is for those of you who like variety)
  5. If you have a product of your own, one of the best ways to get affiliates to promote your product is to make sales of their product as an affiliate first (this is a big one!)

I could go on, but let’s state the obvious and most important aspect: Affiliate marketing is great because you can make very good money for very little effort.

Don’t get me wrong, it requires effort to get to a situation where you can make money as an affiliate, but once you are there the actual process for making money is very, very simple. It’s as easy as writing a blog post or sending an email.

It’s Like Printing Money

I remember about four years ago reading all those hyped-up sales pages from Internet marketers, and I come across the phrase “it’s like printing money”.

I’ve never been a hater of sales copy, although obvious hype agitates me just like anyone else. I certainly believed that some people were enjoying a situation where they could just send emails and make big money, but I was personally very far away from that. Jealousy mixed with depression about my own results, were the dominant emotions I felt at the time when I read what other people were achieving apparently so easily.

My first attempt at “printing money” as an affiliate was with my blog when it was about six months old. I put in a couple of hours to write a blog post about Perry Marshall’s Definitive Guide To Google AdWords and managed to print about $20 in commissions – one sale.

I was disappointed given it had taken me six months of consistent work on my blog to make that $20, however I was also encouraged. I could see given enough time and energy, that $20 could be $200 and then $2,000 and even $20,000. Today I have the audacity to believe it could be $200,000 one day too.

Fast forward to the year 2009 and the first six month’s of affiliate promotions have gone like this…

Read the rest of this entry >>

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