Affiliate Marketing - One Way to a Successful Home Based Business (marketing strategies)
By Dee Power
It sounds complicated. What exactly is affiliate marketing? It’s simple really. Affiliate marketing is selling other people’s products (or services) for a commission or portion of the money generated by the sale. Commissions can range from less than 10% to more than 70%. The price of the product can range from $5.00 to $500.00 and higher. Special training or start up funding isn’t required to become an affiliate marketer. However, your home based business will be more successful if you know about the product you’re selling and you’re excited about it.
Your task as an affiliate marketer is to drive traffic to the product owner’s sales page, allowing them to convert the prospect into a buyer. The more targeted the traffic the higher the conversion rate will be. Conversion is the percentage of people who visit the site who then buy the product. A cookie is embedded with your affiliate ID on the browser of every visitor who uses that affiliate link to visit the product owner’s page. If the visitor buys you get paid.
There is no limit to what types of product you can promote as an affiliate. On Amazon, you can promote anything they sell from flat screened TVs to diamond jewelry to food. If you want to be in the beauty niche, you can include links using your Amazon associate (affiliate) ID to sell specific beauty products, beauty magazines, books, DVDs, clothes, and spa products. For example on one of our golf sites we promote golf books, DVDs, training equipment, and golf equipment.
An affiliate marketer doesn’t have to be concerned with developing ideas and creating products. You don’t have to deal with customer service follow-ups. Your home based business doesn’t have to worry about inventory to store, credit card processing and shipping. Once you’ve made the sale your work is over.
The product owners want you to be successful. They know that their affiliates can sell a lot more product than they can by themselves. The owners provide formatted emails, reviews that can be placed on blogs, banner ads, and articles. Add your affiliate link and you’re ready to go.
When choosing products make sure you’re comfortable with the quality of the product and the sales pitch. Those qualities reflect back on you.
Building a list of interested potential customers is an important part of affiliate marketing. Your list should be focused on one niche, but there are probably a number of products you can sell. For example: Brides to be would be interested in wedding gowns, invitations, weight loss, flowers, and travel. Offering a free report on romantic weddings that don’t cost a fortune would be one way to build a list of brides.
Affiliate marketing is one way your home based business can be successful on the Internet.
Free report 27 Ways to Earn Money Online no up sell, no one time offer, no fluff, just 27 ways you can earn money on the Internet. Dee Power is the author of several nonfiction books and the novel Over Time. Moms work from home you can too. Earn Money online
The Logical Way Of Marketing Through The Internet
MLM Network Marketing Training Using Games on Customer Acquisition Edition 1
By Anders Gustavsson
There are 5 categories in network marketing that you will need to develop mastery in to be successful. They are Personal Growth, Customer Acquisition, Recruiting, Team Building, and Leadership. Developing mastery in Network Marketing takes discipline and a lot of hard work.
The traditional training style of classroom learning, seminars, books and CD’s offered by the leadership of these companies provides good information, but does not equate to success for most people. The HOW is also very important, and interactivity in training helps you learn quicker and retain the information.
In this article we will focus on Customer Acquisition.
It is tough to make an article interactive, however we will do our best here.
Here are some interactive questions we have created for you.
If your prospect asks you “Why should I buy your products or services?” it is best to do which of the following?
A) start telling them all about the ingredients
B) tell them your personal testimony
C) find out what they are looking for or need
D) tell them you have the best product
Now… think of the answer, re-read the question if you need to, and answer the question mentally.
The answer to the question is: C) find out what they are looking for or need
The point is that you don’t know what your prospect wants. Answer A can really confuse someone. They might not care what is in your product, or they may not have the time to hear about that. What is in it does not emotionally engage your prospect. Answer B telling them your personal testimony is great after you find out how to frame it so that it best applies to them; don’t make the mistake in assuming this early on.
Telling them you have the best product will make you seem like a used car sales man in a derogatory sense, nothing against them, but in this context I am sure you can relate. Be interested versus interesting, find out what they are looking for and need, and listen listen listen!
Here is question number 2…
What is the worst thing that is likely to happen when you ask someone to try your product?
A) they disown you as a friend
B) they burn your house down
C) they say no
D) they try your product
Now… think of the answer, re-read the question if you need to, and answer the question mentally.
The answer to the question is: C) they say no
The point is that if you don’t talk to someone they may never know about your product or opportunity. When you are in sales talking to people is your job. It is not up to you to determine for them if they are into it or not, if they will take it or reject it. Most people make up stories in their minds of what COULD happen when trying to sell their product or opportunity.
Answers A and B are obviously exaggerations, but they are there to prove the point that our mind create stories that control our actions sub-consciously. One of our minds main functions is to keep us safe and in our comfort zone. It will create these stories to try to convince you not to do what is best for you, it will convince you not to take risks.
Whenever you read a book, magazine, or article, get creative and create your own questions.
We encourage you to use question and game based learning for everything you do.
Question based learning will engage more senses, and increase your retention of the information.
For extra fun, you can give away prizes for correct answers when you send out e-mail blasts with your questions, and continue to learn together!
This is fun, and it will permanently transfer the information to your brain. This is also a fun way to engage your team.
Anders Gustavsson
President
Infinite Synergy Learning Systems
The Infinite Synergy team developed MLM The Game, and has been involved helping home-business entrepreneurs build strong relationships and succeed faster through playing this game since 2003′. Please visit this mlm network marketing training website at www.mlmthegame.com for details.
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