Affiliate Marketing News: What Is It and Where To Find It?
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In the coming days and weeks I will publish a sequence of articles trying to cover all steps to a lucrative business of affiliate marketing. This is the first article and it is intended to explain the idea of affiliate marketing to people who are just starting to look for information on the subject. I will also show some ways to find a product to choose to promote.
This article is not meant for skilled marketers or for people who are familiar with affiliate marketing and with the process of identifying products to promote, as it will discuss only the very basics. Hopefully some of the future articles will cover advanced steps, which even veteran marketers will find beneficial.
Let’s start by trying to define “affiliate marketing”. I always say that there is a similarity between Affiliate Marketing and the California Gold Rush of the 19th century. The fortune is there and you have to uncover it. Anyway, back to the definition: the affiliate marketer (you) gets a nice commission from the product seller every time a purchase is made by one of the visitors that you have sent to their sale page.
Roughly, you’ll find three types of products: material ones - from shoes to yachts; information products - videos, software, ebooks, that are instantly downloaded to the purchaser’s computer; and subscriptions to newsletters, registrations to a course etc. Thousands and thousands of sellers pay commission to affiliates for purchases and for leads.
You can see that the fortunes are there, hidden under the ground in Internet land. You need to go out there and dig it out. Most new affiliate marketers learn that their first step, i.e. finding the right product, is the most complicated one.
I will show you a few ways to find it:
1. Have you ever purchased a product online which you really liked? Why not try to become an affiliate? Go to the product’s site or sales letter, click on the “affiliate program” link. You’ll find there all the information you need.
2. Think about your hobbies. Subjects you are really interested in, such as sewing, poker playing, gardening, anything. You may know a lot about your hobby and perhaps you are a member of some forums. This will come very handy when you are ready to promote the product you choose. For instance, if your hobby is poker. You play with friends on weekends; you watch the TV poker shows. Search for a poker learning software or course that you can easily promote.
3. Think of products that are on the hot list in the United States, do a little research and find out if the Europeans heard about them. If not yet, promote these products in Europe only, using the different pay per click programs that let you choose the areas where your ads are shown. The same can be done with a product that you’ve found in any foreign country and is not yet known in the US
4. Talk to your children and/or other teenagers and try to find out what their newest fads are. Teenagers are great customers.
5. Subscribe to or buy regularly some popular publications. Follow the reports on the newest fads and fashions.
6. And last but not least: join one of the big Affiliate Program Providers, such as Commission Junction, ClickBank, to name just the biggest ones, but there are more out there which will offer you thousands of products to promote.
See you in a couple of day with Part 2 of the step-by-step plan to successful affiliate marketing.
July 18, 2008 by Alexander Bee
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