If you are interested in marketing your business, you are likely aware of more traditional advertising techniques, such as email newsletters and display advertising. One method of advertising, however, that you may not be aware of is called affiliate marketing and it is a strategy used by many successful businesses.
Always start with something you know if you’re new to affiliate marketing. It is always easier to build a good site if the subject matter is something you’re interested in. Try to immediately branch out too much and you’ll find the subject matter boring, and feeling too much like a “dreaded task”.
To increase the success of your affiliate marketing, make certain that the company you are advertising has a good reputation. Doing business with a disreputable company can be detrimental to you in two ways: you may be forced to wait for large amounts of time to get your money, and your customers trust in you will diminish.
You should never pay to join an affiliate network. A network is an affiliate marketing group that can link you to many different partners who want to advertise on your website. A good network can enhance the effectiveness of your affiliate program and diversify the products and services you can offer. A network that demands up-front membership fees, though, is never a good network.
Don’t put all your eggs in one basket! Advertise your affiliate product in a variety of venues. Some people look for products online. Others might respond well to fliers and brochures. Still others might need a percentage-off coupon. By advertising your product in a number of venues you will attract a broader audience.
Only advertise products on your affiliate site you personally believe in. If you wouldn’t buy it, don’t advertise it. When your visitors find out that not even you believe in the products and services you promote, they will leave your site and will never come back or recommend it to other possible customers.
In affiliate marketing, just as in other things in life, there is no substitute for hands-on experience. Therefore, I recommend strongly that you try the product yourself. If you cannot (not everyone is in a position to touch a Leica M9 or a Ferrari), then research the item. Read reviews. Even better, ask end users — preferably those who have actually bought the product — about their experience. User forums are extremely helpful. Finally, ask yourself, “Would I be happy with this?”
Join a joint venture notification list for your selling niche to get in on the ground floor of new products. New vendors need affiliates with a proven track record to be able to get their products out there early on. Joining the lists will let you be able to contact the vendors to be one of the affiliates starting out at the beginning of a product launch.
Although many businesses are unaware of the rewards that engaging in affiliate marketing as an advertising strategy, can bring to their organization, we hope that reading this article has given you a much clearer understanding of some of the numerous benefits that come from using this type of online marketing.