When it comes to talk about monetizing your blog or website you just think about some advertising to earn money online. But some another ways there to earn money online without investment. One of them is Affiliate Marketing.
Affiliate Marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's own marketing efforts. The industry has four core players: the merchant (also known as 'retailer' or 'brand'), the network (that contains offers for the affiliate to choose from and also takes care of the payments), the publisher (also known as 'the affiliate'), and the customer. The market has grown in complexity to warrant a secondary tier of players, including affiliate management agencies, super-affiliates and specialized third party vendors.
Here are some tips to become a good affiliate and earn money from website or blog:
1. Always select a right product
This is the very first and most important point to be a successful affiliate partner. Select the best product. Search for the best affiliate product and read the reviews and than choose the best from all. You can sign up for Amazon Associates or any other affiliate website and start promoting.
2. Track Your Traffic
The more people who see your affiliate links, the more likely you will make a sale but then you should see which link placement makes more sales. I see that links after the review gets less clicks than the one at the top but are very high on conversion. This means that after reading the review user is much clearer if he wishes to purchase it or not and so if he clicks on the link he is more likely to purchase. Some text makes more sales than other and you can try and test out different things.
3. Link directly to the product
When you are doing a review of your own laptop and user reading your honest review may be interested in purchasing the product and so link directly to the page where they can buy it. Adsense work great for majority of publishers because of its contextual matching of ads with content. The same is true for affiliate programs. Link to the specific product from specific pages. A banner to a general page on every page on your site won’t fetch you good results.
4. Authenticate Products
Never suggest your readers bad product and if you do so expect to lose your reputation very quickly. If you follow CodeItWell.com regularly you would see that I recommend here products like vBulletin / AWeber not because they have good affiliate payments but because I use them for years without much problem and they are the best product in the niche
If you want to share some tips with me than feel free to send mails.
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