what is affiliate marketing campaigns
TRANSCRIPT
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What is affiliate marketing campaigns
In this file, you can ref free useful materials about what is affiliate marketing campaigns and other
materials for what is affiliate marketing campaigns such as affiliate programs, affiliate tips…
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I. Affiliate marketing guides
Some business owners opt to start an affiliate marketing campaign as part of their overall marketing
strategy. In most cases the affiliate marketing campaign is only a small portion of the overall marketing
strategy but there are some business owners who opt to rely exclusively on this type of marketing. The
main purpose of doing this is to save money while still achieving valuable advertising.
However, once a business becomes more successful they should consider being more proactive and
combining affiliate marketing with other types of Internet marketing such as placing banner ads and
orchestrating an email marketing campaign. This article will take a look at what affiliate marketing is and
will provide insight into why this is popular and how it can be used effectively.
An affiliate marketing campaign is essentially a situation where other website owners place ads for your
business on their websites. These website owners are known as affiliates. It is important to understand
how this type of marketing works. In general the affiliates are given code for your banner ad to place on
their website and given the freedom to promote their own website as they see fit. In promoting their
website they are also attracting attention to your website because of the banner ad directing visitors to
your own website.
One of the most appealing elements of affiliate marketing is the affiliate is only compensated when he
produces a desired result. This means the business owner is not obligated to pay the affiliate unless the
affiliate is successful. Success may be defined as generating traffic to the website, resulting in a sale or
even resulting in the Internet user registering on your website or filling out a survey.
The compensation for affiliates is generally based on cost per click, cost per lead or cost pe r sale. Cost
per click and cost per lead are usually paid in terms of a flat fee which is awarded to the affiliate each
time an Internet user either simply clicks through the banner ad on his website or performs a specific
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action after clicking through the ad. Cost per sale may result in the affiliate being awarded a flat fee or a
percentage of the sale depending on the agreement between the business owner and the affiliate.
The most effective use of affiliate marketing is to actively seek out affiliates with a proven track record
of promoting the businesses which they support. Most affiliate programs are open to anyone with a
website and it is not necessarily damaging to allow those who are not particularly knowledgeable about
marketing to run your banner ad but it is far more worthwhile to seek out affiliates who are quite adept
and generating website traffic to their own website. This is important because the more visitors they
receive each month the more likely your website it to receive interest from vi sitors who click on the
affiliates banner ad.
Another aspect of affiliate marketing which can contribute to success or failure is the design of your
banner ads. It is important to remember affiliate marketing is viewed the same way other types of
marketing are viewed and care should be taken to create banner ads which will be appealing to your
target audience. This means everything from the colors of your ad to the size and style of the font
should be carefully considered to create an appealing advertisement.
II. Affiliate marketingstrategies
Affiliate marketing is a low-cost
way for merchants to build
awareness and showcase their
products and services. The model
is simple; it works as a
commission-based referral
system. A partner or affiliate
markets a merchant's products
for a "piece of the pie."
Affiliate marketing experts often make an income that can tally over five figures
per month, however only 1 to 5% of thousands of marketers achieve this level.
When an affiliate reaches this elite level they are often referred to as a "super"
affiliate.
How does one become a super affiliate? Can anyone do it? Super affiliates have
common tactics that they embrace and put into place. Anyone can become a
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super affiliate, but it will not come without blood, sweat, and a hefty time
commitment. The typical super affiliate possesses the following traits:
Persistence
Patience
Thirst for Knowledge
These three traits combined with the following strategy gives you the formula for
the makings of a "super" affiliate.
1. Find a Unique Niche
The mistake that many affiliate marketing hopefuls have in common is that they
try to offer everything under the sun rather than focusing on a specific niche
market. Do not scatter your efforts, focus on your niche, promote it, and sell it
well.
2. Search Engine Marketing
Once you've built your affiliate storehouse you will need to promote it. Many
affiliates use pay-per-click engines. I suggest that you learn how to achieve organic
search results or hire a search engine marketing company. This will save you from
spending all your profits on pay-per-click engines. Only use pay-per-click engines
if you know what you are doing, otherwise all your profits may end in the hands of
Google Adwords or Overture.
3. Know Your Product, Know Your Audience
Create a resource. By taking the time to learn about the products and/or services
that you are offering you can create information that builds your credibility. That
credibility builds trust. If your viewers do not have trust in you more than likely
they will not purchase from your storehouse. If you want more information on the
psychological process that an online buyer goes through I suggest that you read
my article on the Five Levels of Internet Marketing and the Sales Process. This will
help you in creating a web site that converts well, which in return will increase
your cash flow.
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4. Don't Put All Your Eggs in One Basket
Promote products from different merchants. This way if you have a problem with
receiving payment from a merchant, or their products do not convert well the
effects on your business will be minimal. Watch out for exclusivity agreements;
remember this is your business. Protect yourself and diversify so that you do not
feel the famine effect if something goes wrong. There is absolutely nothing wrong
with promoting niche products from different merchants.
5. Seek Knowledge and Embrace Change
If you are familiar with Internet marketing at all you know that what worked three
months ago may not work today. Stay on top of the trends. Seek knowledge, start
by learning something new about affiliate marketing daily. For example remember
those marketing tools called "banner" that use to drive sales at an astronomical
rate a few years ago? Well those banners developed a term called "banner
blindness." That means most online viewers will not click on banners even if they
do pertain to what they are looking for. To be a "super" affiliate you must always
spend time reading, learning, and embracing the changes in Internet marketing.
6. Don't Give Up
It's hard to do, and most of the time those dabbling in affiliate marketing give up
way too soon. Monitor your statistics, watch to see what is working and what is
not. Make changes when necessary. Do one thing daily to promote your storehouse
and be patient. Before you know it you will start getting payments.
Remember that it will not happen overnight. Encompass and develop the
persistence, patience, and knowledge. Then follow the tactics I've mentioned
above and you are on your way to becoming a "super" affiliate.