Affiliate marketing is a great way to build an income stream. Nothing nicer than having a stream of income that arrives monthly with very little effort on your part. But not all affiliate marketers land up with this desired outcome. You need to be good at what you do! These 8 tips to being a highly successful affiliate marketer.
1. Choose Only a Few Products
With the thousands of products on a market, it can be hard to choose products and one of the most common mistakes is to take decide to sell too many products. Too many products can become difficult to manage down the road and it can make your followers tired and overwhelmed. Instead, choose one or two products that there is currently a market demand for and promote those. Start with these products, in the future as market needs change you can add or remove related products. Once you have built your following you should stay on target so that you always have targeted traffic that’s interested in what you have to offer and that can translate to a higher conversion rate.
2. Make Sure You Choose the Best Merchant
You are going to promote a product and so you want to make sure it’s backed by a top-notch merchant that’s honest and reputable. After all, the minute you start promoting their product your reputation is also on the line. You want your visitors to be happy with the product and to come back to buy other related items from your site. When you choose the best merchants’ you get the best products and when your customers are satisfied, your business grows.
3. Research Product Demand
If you are going to sell a product through an affiliate program you need to know whether there is a demand for that product. You should determine this before you put effort into selling the product. There are different ways to achieve this. One is to run a survey on your website. This can be very effective if you have a large amount of traffic that comes to your site.
4. Use a Number of Traffic Sources for Promotion
Many affiliate marketers simply putting your ad on your website. That’s okay, there’s nothing wrong with that. However, the more traffic sources you have the more potential customers you can reach. The better job you do of targeting your audience the better your success will be. Try using Google Ads or Facebook ads to drive traffic to your landing page. Make sure you follow your stats so you know if your ads are successful.
5. Test Your Affiliate Campaign – Measure & Track
You need to know whether your affiliate campaign is actually working. You don’t want to be wasting your time and money. Be ready to tweak your ads as needed. Most affiliate programs usually provide you with some basic stats but you should use conversion tracking software to get in-depth information. There are different conversion traffic options online. Find the one that most meets your needs. By running ads that target your product you will do a much better job of targeting your market and that translates to a higher conversion rate.
6. Stay on Top of New Methods & Techniques
Make no mistake, affiliate marketing is highly competitive, so if you are going to play with the ‘big boys’ you need to stay on top of the new methods and techniques. That’s the only way you’ll be able to keep your income stream growing and producing.
7. Make Sure You Treat Your Visitors Right
You want to make sure that you are treating your visitors’ right when they come to your site. Don’t’ treat them like they are stupid. They know what affiliate ads look like. If you are endorsing a product that you don’t believe in your visitors will figure it out and you’ll lose them. If you run excessive ads you’ll annoy your visitors and they will go elsewhere. Treat your visitors with respect and give them an experience that’s good and makes them want to come back for more.
8. Use Tools to Help You
If you are serious about earning an income stream through affiliate marketing then you want to find the right tools to help you. There are a ton of extremely helpful tools that you should take advantage of. If you are using WordPress then think about using plugins that help you to manage your affiliate links. Don’t just hope you’ll get the right visitors to your site, make sure it is setup for that to happen. If you think that visitors will automatically click the link because it’s there, you would be wrong. You need to have a plan in place and the best way to do that is using solid tools.
If you have decided to become involved in affiliate marketing and generate a steady income stream, good for you! Now it’s time to share 8 very helpful affiliate marketing tips to help you become a successful affiliate marketer.
- Affiliate Commission Formula – Check it out here!
- Commission Smasher – Check it out here!
- Amazon Affiliate Blueprint – Check it out here!