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22 February 2010

Master Affiliate Marketing - 7 Ways To Take Your Earnings To The Next Level

It is a fact that affiliate marketing is one of the quickest ways to get a web business up and running. After all, you do not have a website, you do not have a list, and you can start advertising someone else's product is only 5 minutes from now.

And the great thing is you can really earn money by doing it. But the truth is, if you earn money from a particular product, you will sell in this way, you're almost certainly leaving money on the table.

To explain why we need to look at your average affiliate marketing strategy:

- Choose a product to promote with a high affiliate payout ($ 50 or more)

- Create a pay-per-click campaign to promote your affiliate link

That's it! These two steps are what the vast majority of affiliate marketers make. And that is why 95% of all affiliate payments are made to only 5% of the population to do the marketing ... because the upper 5% do far more to earn their commissions than just a simple PPC campaign.

You have to understand that if you are lucky enough to be able to monetize the product you are promoting equality by making the 2 basic steps, then it is almost a racing certainty that you miss a lot of extra income.

Let us look at how to increase your commissions and related future sales in just one product, you already make money from:

1. Build a 'name squeeze' to catch your prospect's name and e-mail address. It is a fact that virtually all product sales are made after customer fifth visit to the site.

If you do not catch your prospect details, how are you going to ensure that they go back to the sales page using your affiliate link? I greatly improving the chances of this you can create a 7-series auto responder to automatically send your lead to additional information and reminders about the product they are interested in. This approach will keep the product fresh in their minds.

2. Build a website review the product you're promoting, including a newsletter, to capture your prospect's information. You can give adequate information on how the product will solve your prospects problems, providing an independent review of the features and benefits with some real life results.

The newsletter will allow you to keep in touch with your prospects the same way as the name squeeze page method.

3. Offer extra bonuses for purchase through your affiliate link. This gives your prospect a reason to buy from you, especially if they know you will make a commission from the sale.

The important thing here is that your bonus products is related to the product you sell. We believe there is no advertising a bonus book on how to make your parrot talk 'if your original product is about training dogs to perform tricks.

4. Create video tutorials on how to use the product you will sell. This works especially well when you're promoting a software product. You can show people how to get started as quickly as possible, without having to read the manual.

The vast majority of people learn visually, so they are much more likely to use your videos than read the directions that come with the software. You can even tie this in option 3, give your prospect free training videos, if they buy through your affiliate link.

5. Make your own product cross promotion. It can be a complement to the product you promote as an affiliate. Again, you can offer it free or at a reduced price if they buy through your affiliate link.

6. Promote related products via email. This works by creating an 'A' Grade list out of your newsletter and squeeze page sign-ups, namely the people who actually have gone on to buy the product you will sell.

It is a known fact that people who have a proven experience of buying online are more likely to buy from you again. Easily recommend them a related product, which will further strengthen their initial purchase, resulting in more affiliate commissions for you.

7. Tie all the above together. You do not need to use just one of the methods above. Use them all.

Create a name squeeze page, build a review website with newsletter, add some bonuses to your affiliate link, make some video tutorials to develop your own related products and promote other affiliate products via email to the lists you've built with your name squeeze page and newsletter.

But before you do any of this, be sure to promote a product that sells. After all your time doing all the above for a product that is poorly supported, not working properly or has a high rate of reimbursement will be time wasted.

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