Just wanted to share a few tips I've picked up from some DVDs I've been watching.
1. The Benefits of Affiliate Marketing for Newbies
When you start creating your own products there is a steep learning curve... not to mention researching, creating and then selling your product.
Instead... find a product you admire with an affiliate program. Learn how to sell this first... because you're going to need those skills if you want to sell your own product later on.
When you know you can sell this affiliate product... now you know the market is lucrative and have selling skills to pay the bills.
2. Capture Data
Get ahead of 90% of the other affiliates out there by capturing data (ie. email addresses) so you can follow-up with your visitors.
Don't wait to look back at the thousands of hours and dollars you've invested in traffic you let walk away from your site without a sniff of an opt-in form.
Short reports and freebies are a good way to tempt the opt-in.
3. Think laterally about different ways to monetize your list of subscribers.
Sure they might have visited your website to save money on their car insurance... something you've already provided links to.
But if they're interested in saving money on their auto insurance... why not their home, life and health insurance?
What else might interest them?
4. You can go laser targeted... or you can target a broad demograph.
Sure we're all familiar with promoting very niche type products (think garage and chicken coop plans) but health, wealth and relationships are always biggies.
You don't have to be laser targeted since pretty much everyone is interested. Target markets with thousands and even millions of interested parties.
I think the big sellers on Clickbank confirm this to an extent. This is particularly important if you're using paid traffic (vs. SEO) since you can put banners that have mass appeal on websites and forums to get your traffic.
5. Get Ready to Change...
Products come and go... adverts, banners and even the products can burn out so get ready to change. You see this a lot in the IM niche and the constant influx of new, updated and version 2.0 systems.
6. Use pre-sell pages and test everything....
The DVDs are from the System Seminar... this is a few final pointers from Ken McCarthy and the $50K a Day affiliate he'd invited along.
Interestingly this affiliate was saying he see's much bigger fish... even an affiliate billionaire from time to time...
Much is from paid traffic but I thought all the tips above were useful for everyone using affiliate marketing and thinking about getting started.
Hope it's useful... collect those contact details and build that list!