Understanding Social Media Strategy Dynamics-David Bullock
Have you ever wanted to learn how to make money on the Internet? Maybe you have been scammed by various get rich quick schemes, or paid survey sites. The truth is, there are only two viable money making business models that the average Joe can use to make money on the Internet. One is to create your own product to sell and the other is Affiliate Marketing. Today, I am going to explain to you what affiliate marketing is, how it works, and why it works.
What is Affiliate Marketing?
To understand what affiliate marketing is, let us first break down the two fundamental concepts that make up its name. First, Affiliates or Affiliating. To affiliate with something is to partner yourself or make a connection between yourself and someone else. In this case, we are affiliating ourselves with companies that do business on the Internet. The second half is marketing. To market something is to publicize it, or to bring it into the eye of the public. In other words, to try to present the object of the marketing to the public in a favorable light.
So when we break down the two concepts, in essence, what we are doing is affiliating ourselves with a company that does business, and trying to publicize or bring exposure to their product or service. When you are an affiliate marketer, you make money by getting others to purchase the goods or services someone else offers. This means that you will never create and actual product to sell, or offer a specific service, as the advertising you will be doing is the actual service you specialize in.
How Does Affiliate Marketing Work?
The inner workings of affiliate marketing on the Internet are fairly simple. Many companies who do business on the world wide web do not have the time or resources to properly market their products. Due to this fact, they will outsource that marketing to people like you and I. They offer a percentage of their profits from each sale that you refer or recommend to their website.
Let’s use Amazon as an example since they have the largest affiliate network. You would build a website promoting products that are currently sold on Amazon’s website. You get web traffic to your website where you recommend products on Amazon and you include a link to the product listing on Amazon’s site with a special code. Amazon will pay you anywhere from 4% up to about 10% on all sales they make from the traffic that contains that code. The only downside is, if they do not purchase anything at Amazon, you obviously make no money. Sound easy?
Why Does Affiliate Marketing Work?
Affiliate Marketing works because companies like Amazon, Commission Junction, and Clickbank are willing to facilitate the process. Most small companies can’t afford to process all of the affiliate commissions and sales, making sure that everyone gets paid properly along the way. That is way larger companies like Clickbank have come into existence. These companies process all of the sales and affiliate payments for a small fee. This makes it much more secure and reliable for affiliates.
Affiliate Marketing is one of the most viable online business models. There are thousands of companies who offer incentives for help in getting traffic and exposure for their products. You can make a substantial income using this business model with solid training in Search Engine Optimization, Pay Per Click, and other Affiliate Marketing tactics. I know several Internet Marketers who make upwards of $25,000 a month. The important take away is this, it IS possible to make money on the Internet, you just have to find the right business model, the right products to sell, and put in the time and effort to do so.
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Gadgets For Haiti Now !
I am hosting an online gadget drive through Gazelle to raise money for Yele Haiti, and would love your support. You can visit my drive webpage at http://gadgetsforhaitinow.gazelle.com
A gadget drive is a new way to fundraise that turns your used electronics (laptops, cell phones, MP3 players, digital cameras & more) into cash to support a cause. Contributing to my drive is simple. Just visit my drive webpage, find the value of the gadgets you would like to donate, and send them to Gazelle (shipping is free). The value will go to support Yele Haiti Foundation in assisting the earthquake relief efforts.
If you would like to donate, please go to Gadgets for Haiti (http://gadgetsforhaitinow.gazelle.com) to learn more about my drive and track my progress. You will receive a confirmation of your donation by email, and I will be notified as soon as you make your donation.
Thank you for your support,
Emanuel Angarica
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How to Start an Internet Business with $100 Or Less
If you’ve got $100, you’ve got more than enough money to start an internet business. How’s that for a great opportunity in the middle of a challenging economy?
Obviously, if you’ve got more money to invest in an online business, that’s even better – but you can definitely do it for $100. The reason is that as you build, you’re going to need to spend some combination of time and money; with less money, you just need to spend more time.
So here’s how you could get an internet business up and running for $100 or less
1. Pick a niche – the market you want to reach. You can do research for free by spending an afternoon in Barnes & Noble. Check out the magazine racks, the “Dummies” series of books, the “Chicken Soup” books. You’re looking for an idea that you can market around to people who have a common interest or problem. You want a market that spends money on this interest or problem.
If there are books or magazines for sale, you know you’ve got a good chance of succeeding because you’re following in the footsteps of some deep pocket companies that did some expensive market research.
2. Do your keyword research. Use Google’s free keyword tool to find out how people are searching for the information or products you’re marketing. Develop a list of at least 100 keywords you can use in your marketing.
3. Buy a domain name and hosting. This expense will vary depending on the company you use, but should be in the neighborhood of $50 per year. If you can get a domain name that uses one of your keywords, that’s ideal.
4. Build your site. There are lots of ways you can build a site inexpensively – or even using a free template. Make sure to optimize your site by using your keywords strategically. Go with a clean, uncluttered appearance, and be sure to include a subscription box where you can collect visitors’ contact information so you can build your list of subscribers.
5. Get an email service so you can stay in touch with the people who subscribe to your newsletter. There are several options, and many are very affordable with a smaller list (fewer than 500 subscribers). You’ll need a service because if you try to send hundreds of emails through your normal email provider, you’re going to run into problems.
6. If you don’t want the expense (timewise or moneywise) of creating your own product to sell, you can always promote affiliate products to your list. Each time a visitor clicks on your affiliate link and makes a purchase, you’ll share the proceeds with the merchant. It’s an easy way to get started with an internet business.
7. Drive traffic to your site. There are ways you can drive free traffic to your site – by using articles, press releases, blog posts, and videos. You can also venture into pay per click advertising to drive more traffic quickly, but it will be an added expense. If you want to use free traffic only, it may take a bit longer to make money with your online business, but it certainly can be done. In fact, there are some very successful online marketers who use only free traffic methods.
You can start an internet business with $100 or less – it just takes a little more determination and focus than it would if you had thousands of dollars. The important thing is to follow a proven step-by-step system so you can make consistent forward progress and reach your first paycheck.
Once your site is producing cash, you can always invest some back into your online business, try other tools and tactics, and build it bigger and better. But by using these seven steps, you can at least get started – and that’s the most important step of all.
In our Nitro Blueprint System, we show how anyone, regardless of experience, can start an online business doing what they love and be making a full-time income within a couple of months. You can learn more at: http://www.NitroBlueprint.com
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This months coaching topic and discussion: Mastering Google Adwords
What are people saying:
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