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Before we move on 5 tips that will make you successful in affiliate marketing for beginners, I want you to know What is Affiliate Marketing? Affiliate marketing for beginners is one of the greatest ways to make money online. Instead of building your own product, dealing with your own customers, you can sell other people’s…
Before we move on 5 tips that will make you successful in affiliate marketing for beginners, I want you to know
Affiliate marketing for beginners is one of the greatest ways to make money online. Instead of building your own product, dealing with your own customers, you can sell other people’s products and services and make money.
But how do you get started? And How can you start seeing results fast?
Today I’m going to share with you the simplest way to get started with affiliate marketing for beginners.
Do you need to define at what are you good at, in other words? Are you good at SEO? Are you good at paid ads? Or are you better at JVs, which is joint ventures if you’re not familiar with, in other words, that’s another form of partnership?
So What version of marketing are you good at?
Because based on that, that is going to vary how will you do affiliate marketing.
For example, if you do SEO you have to pick one niche. If you do joint ventures and partnerships, again you have to do one niche and focus all your energy there. If you do pay ads, you can do any niche out there as long as the payouts are high enough because you got to buy that traffic.
Once you figure that out, then you can move on to step 2.
What is the niche you need to work in?
Now, most people are like “I need to be in the niche that pays me the most money.”
Well if you think the same way then you don’t do well as an affiliate marketer in that.
Why? Because after a while you give up, you hate what you’re doing, you’re just like “I don’t want to spend a ton of time and energy doing this.”
You want to concentrate your efforts on what you love because what you love is what you’re going to build better content on, better marketing campaigns, better ad traffic, you’ll get more creative.
You’ll be the expert and you will also notice that you make a huge increase in revenue.
When you do something you know versus something you have to learn from scratch because when you don’t know the industry, you don’t understand a niche and if you don’t understand a niche then you’re going to make a lot of mistakes, waste a lot of time and lose money compared to focusing on something that you know.
Now once you define the target audience, we will move on to the next step.
You have to find products that are a good fit for your audience.
Now, most people do this by just googling. That’s a really inefficient way. Because there’s actually already affiliate sites out there that showcase products and the products they showcase are the ones that tend to be the best performers not only for the publisher but also for the advertiser.
So, by looking at these affiliate marketing sites, you’ll know what tends to work because their top offers tend to be the ones that get the most money.
Now, some of these sites are as follows:
Checking out those affiliate marketing websites will give you a good understanding of what works and what doesn’t work in your space.
I would recommend going after the products that are popular on these sites because that means affiliates are making a lot of money. If you pick the products that are not that popular on those affiliate marketing sites, that usually means affiliates are not willing to promote them because they do not generate them enough income.
Step 4: Build your funnel
You need to build your funnel. So, let’s say you have SEO going and you have this traffic.
Starts with content, then you want to collect emails and you can collect emails through Mailchimp or any tool out there. You want to create a lead magnet. You can’t just use these tools.
You’ve got to actually have an offer. So, email in exchange for an ebook. Then, once you get their email, drive them to a webinar. That webinar lets you sell that product or service to those people.
And the people who don’t convert in the webinar, follow up through an email sequence and sell them through text-based. Combining a webinar through text-based sequences, you should start making sales from your SEO traffic.
Now let’s say you’re leveraging paid ads, it’s hard to convert through a straight sell so what you want to do is first create a landing page that educates and really provides a ton of value. Not only create a simple landing page but also providing value, you’re talking about the product in there and then you’re driving people to that product page where they can buy.
Remember, you should have some testimonials and case studies within that educational piece of content. If you don’t, you’ll find that you won’t generate as many sales.
Now, you can also do another thing in which, for all the people that don’t convert and are about to exit, collect their email, again you can use tools like Mailchimp, have a lead magnet, offer a free Ebook or anything like that, drive them in through a webinar sequence and also you can follow-up with them through email again and convert them on products and services.
That way, the paid traffic that’s leaving and not converting right then and there, you can still get them to convert over the next two or three weeks.
Now, if you’re monetizing through JVs and partnerships, the best way to convert is to co-host a webinar. Get other people who are influencers in your space along with you being on a webinar, selling a product or a service that converts extremely well.
It’s the simplest way through JVs and partnerships is to just focus almost all your effort on the webinars.
Now the final step I have for you is to increase the lifetime value.
Most affiliates, drive conversions, they get their money and they’re like, “Woo-hoo, that’s it.” Well, you already have that list. Why are not you continue selling to those people campaign after campaign?
Why aren’t you continually adding value to them and not always selling?
So then that way when you have the next product to sell they’re more likely to buy because you’ve helped them out. If you just sell to them every single week, finally they are going to drop off your list.
But if you help them out the majority of the time and then sell to them one-tenth of the time, they’re much more likely to convert and the other thing that I would recommend is add upsells and downsells.
Once they buy one product, upon checkout, why can’t there be upselling and downsells? It’s an easy way to generate more revenue.
If the website that you’re pushing doesn’t have upsells and downsells,
force them to have it or let them buy from your website that product or service that other people are fulfilling and then add in your own upsells and downsells.
It’s a great way for you to make more money.
Be sure to check out Why Your ECommerce Products Will NEVER Sell