How to Make Money With Affiliate Marketing Programs
By: Skip McGrath Affiliate marketing is a great way for
eBay sellers and web site owners to make extra money –or even a lot of money
if you learn how to do it right. However all affiliate marketing programs are
not created equal.
Here are my tips for selecting and using affiliate programs. After this are
links to some of the best affiliate programs I have found:
- Don't confuse affiliate programs with multi-level marketing programs.
There are a couple of good affiliate programs that require you to spend
money to join, but most do not. If you have to purchase product or
recruit others to spend money to join the program, then this is not
an affiliate program --it is a multi-level marketing program masquerading as
one.
- Pick an affiliate program that has something to do with your
business. For example, if you sell ladies clothing on eBay you would not
want to recommend products that would be of interest to women.
- The best programs have two tiers. The first tier is where you get paid
for sales that you refer people to. The second tier is where you get paid (a
smaller amount) if someone signs up as an affiliate under you and they refer
a sale. For example, in my program if you sell one of my books you earn 40%.
If someone signs up as an affiliate under you and they refer the sale of one
of my book, then you earn 10% of that sale.
- Be wary of affiliate programs that have more than two tiers. There are a
couple of good affiliate programs that have three tiers but they are rare.
Whenever I see a program with three or more tiers I am very hesitant to
join. Why? If they are paying out more than 50% commissions that means what
the customer is getting can't be that good. As I said, there are exceptions
to this but they are rare.
- Look for affiliate programs that have lots of marketing tools such as
pre-written emails, free articles, e-books you can give away and several
banner designs. The more tools an affiliate program has, the more likely you
will find one that will work in your market.
- Always buy one of the products and evaluate it yourself before
recommending it to others. Some affiliate programs out there are pretty
crappy, while others are no more than information scams. When you recommend
a product or a program, your reputation is on the line. You don't want
people coming back to you complaining about something you recommend.
- Always double check your affiliate links. I see broken affiliate links
all the time. When this happens the customer is usually directed to the web
site but you don't get your commission and the affiliate program owner
usually has no way to determine who should get credit for the sale.
- If you sell on eBay one of the easiest ways to make affiliate
commissions is from your About Me Page. My friend, Jim Cockrum, wrote one of
the best books on the subject of using your eBay traffic to generate
affiliate income while still obeying all of eBay’s rules. The book is
called, The Silent Sales
Machine Hiding on eBay and has sold over 80,000 copies.
There are literally thousands of affiliate programs available today. Here
are some Affiliate Programs I recommend:
I wish you luck with whatever affiliate program you choose to work with. But
remember --it is not enough just to sign up for a program, you actually have
to promote it to make money.
Skip McGrath
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