Internet Business Blog

Friday, October 19, 2007

Making Money with Affiliate Programs

The quickest and most efficient way to earn money online is through affiliate programs. Affiliate programs offer a lot for people who want to start earning some income on the internet with little risk. One of the big advantages is that the majority of affiliate programs do no require any enrollment fees. Simply sign up and you can start promoting the affiliate merchant’s products immediately.

With affiliate programs, it is possible to earn an income almost instantly. Choose an affiliate program, pre-sell the program’s products, and once you refer a person who becomes a paying customer, you will earn some stated commission. The most important part of affiliate marketing is pre-selling. Pre-selling is very different from actually selling the goods. You don’t have to setup a sales page or a payment processing system and you won’t have to worry about the delivery of the product or with refunds. These resonsibilities are met by the affiliate merchant.

All you have to do is to promote the products and lead people to the affiliate merchant’s sales page via your affiliate link. The affiliate merchant will take care of the rest.

Here are some of the steps you will need to take to start earning from affiliate programs:

1. Enrol with the affiliate program
Select the best affiliate program for your needs. Choose affiliate programs that have:
- hot selling products in their inventories. This will make your job easier.
- a good standing in the industry. Do they pay well? Do they pay on time? Do they provide enough support for their affiliates?
- a good pay rate. Affiliate programs pay in the range of 5 to 95% of the sales to their affiliates. But a high commission scheme shouldn’t be your only consideration. After all, what will you do with 95% of the selling price if the affiliate program’s products are not really sellable?
- a suitable payment method. Some affiliate programs have preferred payment processors which may or may not be amenable to your means. Check beforehand if you can actually receive payments from the program. If not, inquire if special arrangements can be made on your behalf.

2. Get your affiliate link
Your affiliate link is the link that you will have to promote to potantial customers. These potential customers will HAVE to click on your affiliate link to be taken to the affiliate merchant’s sales page. It is important that online users will click on your affiliate link, because this is what will inform the affiliate program’s system that a particular visitor was referred by your campaign, and in the event that such a visitor will decide to make a purchase, the appropriate commission should be granted to you.

3. Promote your affiliate link
There are many, many ways by which you can promote your affiliate links. There are hundreds of internet marketing techniques you can explore to maximize the exposure of your affiliate links so that you can achieve the highest number of visitors possible. Remember, it’s a numbers’ game. The more visitors you can lead to the affiliate merchant’s sales page, the more chances you’ll have of referring a successful customer and bagging some commissions.

Remember that you are not limited to a single affiliate program. You can join as many affiliate programs as you like, with each affiliate link providing an income stream for your benefit.

Find out about some of the most popular affiliate programs and affiliate networks.


Internet Business Blog

Sunday, October 07, 2007

How I make Money Online

A few people have been asking me recently how I make my money online.

I think it is very important to diversify your income streams once you start making money online and try to make sure that you don't have all your eggs in the one basket.

For example:
- Try not to rely on a single business opportunity for all your income
- Try not to rely on a single website for all your income
- Try not to rely on a single source of traffic to your website

At the moment I generate my online income from a variety of different sources. These include:

Each of the individual programs listed about brings me between $50 - $800 commission every month. Success University is the biggest payer, followed by Leisure Audio books, Empowerism and Host4Profit.

To show that I am not making this up I have taken some photographs of a few of my recent checks and some screenshots of my income for some of the above programs. You can view these here:

The beauty of many of these programs is that they provide residual income. For example if I sell web hosting one month, I receive commissions every month for that one sale until the customer cancels their hosting account.

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