Wednesday, March 10, 2010

Derrick Ng dot Com

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Archive for the ‘Affiliate Marketing’ Category

Make Use of Offline Method to Promote Online Business

Posted by sabrina On July - 20 - 2009

Make Use of Offline Method to Promote Online BusinessWhen you hear the word “internet marketing”, you would normally assume that everything from transactions to communication, payments to refunds, and the like, all take place in the World Wide Web and nowhere else.

 

This kind of trend has been going on for years now and to such extent that people from all over the world are actively buying and selling through internet marketing and all of its fields and categories in order to make a stable passive income online.

 

But lately, especially with the use of outsource services and automation these days, there have been cases where people are able to make money offline but provide a particular kind of service that they would be interested in online.

 

The offline factor points to the customers themselves, in which actual advertisements are being used to attract them to the sales page or website for more information. This idea is not only a great way to save up on costs for online services but can actually expand one’s business in both ways: offline and online.

 

If you’re wondering how to make use of offline method to promote online business, it’s actually very possible and is even slowly becoming the hottest internet marketing trend today.

 

How so ?

 

Let’s look at it through an example: Because of the financial crisis plaguing the country, a lot of business owners (those who own actual establishments like restaurants and stores) are having a difficult time keeping their businesses running and are spending a lot of money on advertisements and agency services.

 

They are especially aiming for a website to promote their businesses online but are hindered in finishing the transaction by the expensive charges most web designers are imposing on them. So you can just imagine how valuable you can actually be to these people if you provide them with all their needs for just a few hundred dollars a month.

 

You just need a few important tools to make use of offline method to promote online business: knowledge on internet marketing (PPC, SEO, etc), outsource services, and good communication skills. If you’re able to pull all of these things off, you can already earn as much as $10,000 per month and not have to sweat too much on the hard work.

 

So what actually happens when the website is finished? The advertisements are still in place, but with the new website posted as well. Once customers see that there is a website and a few contact numbers, they would visit the website and read what the business is actually about.

 

If interested, the customer can sign up in the mailing list and will receive email updates such as events and promos going on in the business, breaking open the opportunity of earning hundreds of dollars through a few emails alone.

 

It is actually a very simple process and very possible to expand and grow, but it also takes good people skills and the ability to assure clients that they are being offered a greater deal than what the advertising companies and web designers are actually offering to them.

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What Is Affiliate Marketing ?

Posted by sabrina On May - 14 - 2009

150x150 Affiliate marketing is an Internet-based form of marketing involving three parties:

 

1. A merchant/product seller
2. An affiliate of the merchant
3. The customer

 

The role of the affiliate marketer is to act as ‘middle man’ between the customer and the merchant by ‘preselling’ that potential customer on the merchant’s product before referring him to the merchant’s web site.

 

Affiliate marketing can also be viewed as a form of advertising and traffic generation. Typically, the affiliate uses his own (or another) web site in order to drive traffic to the merchant’s web site.
So, what’s the benefit in all of this to the affiliate?

 

Affiliates get paid commissions for their referrals. Any time an affiliate sends a paying customer through his affiliate link, he earns a commission in the form of a percentage of the sale.

 

For example, let’s say you referred a customer to a merchant’s web site and that customer purchased a $150 product on which you earn a 50% commission per sale. You would make a profit of $75, plus or minus any expenses you laid out on advertising.

 

How does affiliate marketing benefit the customer?

 

Some people dislike the idea of affiliate marketing because they are averse to the idea of a stranger earning a profit off the purchase. However, when done correctly, affiliate marketing benefits the customer in several ways and the affiliate’s commission is well deserved.

 

First, an affiliate can introduce a potential customer to solutions he might not have discovered on his own.

 

Second, the affiliate often provides an extra layer of information to the potential customer, which helps ease the buying process.

 

Lastly, some affiliates are able to work out exclusive deals with their affiliated merchants, allowing them to pass discounts along to their customers.

 

The most important thing to know about affiliate marketing, however, is that it can form the basis of a very rewarding and successful home-based Internet business. So, if you like the idea of becoming an affiliate, continue to explore the subject. It just might be the business opportunity you’ve been waiting for!

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Popularity: 38% [?]

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The Life Of An Affiliate Marketer

Posted by Derrick On March - 23 - 2009

Being in the affiliate marketing business is not that hard now with the internet at your disposable. It is much easier now compared to the days when people have to make use of the telephones and other mediums of information just to get the latest updates on the way their program is coming along.

So with technology at hand, and assuming that the affiliate is working from home, a day in his or her life would sound something like this…

Upon waking up and after having breakfast, the computer is turned on to check out new developments in the network. As far as the marketer is concerned there might be new things to update and statistics to keep track on.

The site design has to be revised. The marketer knows that a well-designed site can increase sign ups from visitors. It can also help in the affiliate’s conversion rates.

That done, it is time to submit the affiliate program to directories that lists affiliate programs. These directories are means to attract people in joining your affiliate program. A sure way of promoting the affiliate program.

Time to track down the sales you are getting from your affiliates fairly and accurately. There are phone orders and mails to track down. See if they are new clients checking the products out. Noting down the contact information that might be a viable source in the future.

There are lots of resources to sort out. Ads, banners, button ads and sample recommendations to give out because the marketer knows that this is one way of ensuring more sales. Best to stay visible and accessible too.

The affiliate marketer remembered that there are questions to answer from the visitors. This has to be done quickly. Nothing can turn off a customer than an unanswered email.

To prove that the affiliate is working effectively and efficiently, inquiries would have to be paid more attention on. Nobody wants to be ignored and customers are not always the most patient of all people. Quick answer that should appear professional yet friendly too.

In the process of doing all the necessities, the marketer is logged on to a chat room where he or she interacts with other affiliates and those under that same program. This is where they can discuss things on how to best promote their products.

There are things to be learned and it is a continuous process. Sharing tips and advices is a good way of showing support. There may be others out there wanting to join and may be enticed by the discussion that is going on. There is no harm in assuming what opportunities ahead
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Top 3 Reasons for Affiliate Marketing Failure

Posted by Derrick On March - 10 - 2009

Can’t seem to catch a break with your affiliate marketing efforts? Spending too much money for too little return on investment?  Affiliate marketing can be as ‘easy’ as it looks from the outside, but you’ve got to focus on real, proven marketing tactics to make it work ‘big time’ for you.

Unfortunately, many people come to affiliate marketing with no idea what a truly successful affiliate marketing campaign should look like.

What you don’t know that you don’t know can hurt you!  So, let’s look at the top 3 reasons for affiliate marketing failure. If you’re having a rough time, I’ll bet you’re making at least one of these critical mistakes.

Mistake #1: Incomplete understanding of niche targeting

Have you ever asked yourself what it really means to target a niche? It’s not just about ‘widgets’ versus ‘blue cheap widgets.’  Key words can tell you a lot about the way a broad market breaks down into sub-markets, but they can’t give you the complete picture.

Niche targeting is as much about identifying the right *solutions* or products for the market as it is about identifying the market proper.

Any time you’re researching a niche, it is always a good idea to check out the top-selling books and magazines targeted towards that niche. What this will do is give you a better of idea about your market’s true needs and concerns.

Once you have this information, sit down and think about your ideal customer. What type of solution does he want?  Is your market looking for ‘fast’, ‘cheap’ and ‘easy’ solutions, or are they looking for something more comprehensive or of higher quality?

The answers to these questions matter. Think, for instance, about the difference between a casual golfer and a golfing fanatic. The latter is prone to buying almost anything you put in front of him, while the former isn’t going to invest as much in his hobby.

Each type of customer represents two different niches, even though they fall into the same market category.

 

Mistake #2: Slacking on your list-building efforts

New affiliates are often especially guilty of this. It’s really a matter of patience. There will be a period of effort where you’re building your list for the first time, and not seeing very much in the way of commissions.

This is the point where many people assume they must be doing something wrong, but that’s not the case. It is simply a matter of building momentum. Have patience and avoid the urge to stop midstream and change everything, as this only puts you further behind!

Mistake #3: Not devoting enough effort towards targeted traffic generation

Traffic generation takes time and consistent effort. Again, it is a case where momentum will be on your side once you’ve set it in motion. To do that, however, you have to do more than start one pay-per-click campaign here, and article campaign there.

You’ve got to have a plan of attack that includes daily action, and you must stick to that plan. Set aside time each day to write new articles and submit them to article directories.

Be on the lookout for a variety of potential advertising opportunities and jump on them right away. Speed, consistency and commitments are all key in this equation.

Last, but not least: keep learning! Successful affiliates invest in their own marketing education. There’s always something you can learn a bit more about, like copy writing or how to create a better-converting landing page.

Take your affiliate business seriously by focusing your effort, and you’ll be able to turn those past failures around in no time. Page copy protected against web site content infringement by Copyscape

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An Income-Building Affiliate Marketing Plan

Posted by Derrick On March - 4 - 2009

In order to generate real wealth as an affiliate, you must implement an income-building affiliate marketing plan that focuses on the long-term. There are three key areas one needs to examine in this regard:

1.    Leverage

2.    Recurring income

3.    Duplication

Leverage

The first step in building income is always in making proper use of the power of leverage. Investing your time and money wisely can help improve your existing business, and potentially double or triple your current income.

For example, maybe you’ve always wanted to create a high-ticket ‘follow up’ product to offer to your list of existing customers because you can’t find any comparable affiliate programs for such a product in your market?

If you’ll leverage your existing profits, you can hire someone to create such a product for you, along with all of the products images and web site graphics you’ll need to set up your very own merchant site.

What this will do is give you a new potential stream of income. You continue to make commissions on the existing affiliate product, while also generating sales where you get to keep 100% of the profit.

Likewise, if you don’t want to sell the product, you can use it as “bonus bait” for your existing affiliate promotions!

Recurring Income

Recurring or ‘passive’ income is something you should consider adding to your long-term affiliate business strategy. Why is this a good income stream to add to your mix?

Essentially, recurring income is ‘easy money.’ You do ‘x’ amount of work just once to convert the customer, yet continue to earn a commission on that customer month after month.

Ideal sources of recurring income include subscription services and membership sites.

 

Duplication

Duplication is really about creating multiple streams of income by recreating your affiliate business model into new markets.

Let’s say you’ve developed a marketing system that is working like gangbuster for you already in one market. Why not set up a similar system in a new market? You’ve perfect your sales process, so it is really just a matter of replicating the structure of that existing business.

For example, if your unique spin is to write affiliate reviews of “cheap, but effective weight loss products,” for the weight loss market, you can replicate that approach by doing affiliate reviews of “cheap, but high quality digital cameras” or something along those lines.

Each of these approaches will help you, in a sense, “diversity your portfolio” of income-generating businesses. Leverage, recurring income and duplication are key to any affiliate marketing plan, so start putting them into action today!

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