What Is Affiliate Marketing How To Get Started Signing Up With Affiliate Networks Affiliate Commission Types Locating Hot Products and Markets Keyword Research
What Is Affiliate Marketing How To Get Started Creating A Google Adwords Account Signing Up With Affiliate Networks Affiliate Commission Types Locating Hot Products and Markets Keyword Research
Partnership between MERCHANT and YOU (as an affiliate) Find other peoples’ products you want to promote Perform market research and keyword research Use Google Adwords to drive traffic to your own site or merchant site Get paid when a visitor you refer makes a purchase or fills out a form or performs an action
Strengths Low Cost Setup and No Production Costs No Fees or Licenses Sell Almost Anything No Experience Required No Employees No Merchant Accounts Able to sell more related products to your customers e.g. parrot training ebook then parrot cages, parrot toys, parrot clothing
Weaknesses Probably the quickest way to lose a lot of money Need to understand online buying behavior and your customers Need to be able to write effective AdWords ads Need to outsmart and outmaneuver the ‘competition’ Not your own product – but you get started!
Online since 1996! Always interested in online marketing - sat on the fence as had a comfortable job Played around with creating ebooks – just for fun 2005 – found out we having our first child – got really serious about working from home Started spending $100 on advertising and lost money
Found other successful marketers and started analyzing their success and applying strategies to my business Next month (month 2)spend $100 and make $150 Month 3 spend $150 to make $250
Earnings while away with family Check stats every few days
What Is Affiliate Marketing How To Get Started Creating A Google Adwords Account Signing Up With Affiliate Networks Affiliate Commission Types Locating Hot Products and Markets Keyword Research
Basic Requirements ◦ Create A Google AdWords Account ◦ Sign Up For Affiliate Networks E.g. Clickbank.com
What Is Affiliate Marketing How To Get Started Creating A Google Adwords Account Signing Up With Affiliate Networks Affiliate Commission Types Locating Hot Products and Markets Keyword Research
Quantcast.com SoYouWanna.com Ehow.com
KeyCompete.com SpyFu.com
What Is Affiliate Marketing How To Get Started Creating A Google Adwords Account Signing Up With Affiliate Networks Affiliate Commission Types Locating Hot Products and Markets Keyword Research
Recommended Affiliate Networks ◦ ClickBank.com ◦ Amazon.com ◦ CJ.com ◦ Azoogle.com ◦ AffiliateFuel.com
What Is Affiliate Marketing How To Get Started Creating A Google Adwords Account Signing Up With Affiliate Networks Affiliate Commission Types Locating Hot Products and Markets Keyword Research
Pay Per Sale ◦ Most common form of commission ◦ Typical affiliate commissions range from 20% to 75% per sale ◦ Some merchant pay affiliates based on flat fee Pay Per Lead/Action ◦ Get paid when a visitor carries out an action e.g. filling up an online form
Cheap clicks – are they worth it? How to spend $1-$2 a click and still make money
Wordtracker.com (free trial) KeywordDiscovery.com Google Keyword Tool (free)
What Is Affiliate Marketing How To Get Started Creating A Google Adwords Account Signing Up With Affiliate Networks Affiliate Commission Types Locating Hot Products and Markets Keyword Research
July 2005 Started with $100 and lost money August 2005 tried again and made a little money September 2005 spent $100 and made about $150 October 2005 spent $150 and made $250 and kept going……..
Reinvest profits to allow increased advertising spend e.g. Month 1 - $100, Month 2 - $150, Month 3 - $250, Month 4 - $400 etc Use credit cards wisely – pay off credit card in full before due date
Result – Spent $1200 and generated sales of $20,000+ No List!!!!
14 sales at $1500 with very small list
Ended up doing 14 sales individually Teamed up with another Internet Marketer – split commissions – made another 42 sales!
One of the smartest internet marketers I have had the pleasure of working with... We ended up doing over $63,000 in sales overnight having spent about 15 minutes brainstorming….. Thanks Nikhil, Anik Singal CEO Affiliate Classroom, Inc.
Team grew from 1 to 14 from 2005 to now
Questions????
Thank You