In Mourning for the Google Cash
system
by: Darren Power
Do you remember when you could pick an affiliate program, hustle up
a few hundred keywords toss it all into your Adwords account & wait
for the commissions. No me neither! I was busy doing something else during
those glory days.
If it ever was that easy it certainly isn't any more, there's a lot
of competition & intense bidding for keywords. There are big corporations
bidding on anything that moves & paying tens of thousands of dollars
every month for number one listings.
Just in case you weren't getting the message. Google changed the rules.
Now Google will only list one ad for each domain name in any given set
of results. If you've ever searched for something obscure and found three
or four ads telling you it can be found on eBay you will understand why
they did this. The result of this change is that you almost certainly now
need your own website to succeed.
But never fear, there are still opportunities for the little guy to
earn big.
You just need a plan to maximise revenue from everything that you do
and from every visitor that passes through your online real estate.
Here are my top five tips steps for maximising income from affiliate
programs.
#1 Sell to a niche. I know you've heard that message a thousand times
before. There are hundreds of guides to niche marketing online and you
might be forgiven for thinking it's just the latest big hype. But the fact
is if you choose a small market you can focus your product more precisely
on your target market. If you get this right more of your visitors will
think that your recommendation was written just for them and for their
situation. The result? More of your visitors will buy.
#2 Always collect contact details from your visitors, if they don't
buy today many will buy tomorrow or the day after. If you have a responsive
mailing list, you have an asset that can earn you money on demand. All
lists start small and small lists can earn big money.
#3 Once you have their mailing details keep in touch, don't let these
people forget who you are. Certainly don't only send them mail when you
have something to sell. Send them freebies and news as well. Build a relationship,
tell them about your life, be their trusted friend.
-- Side Bar-
I read a post on a forum a while back about a guy who had been promoting
an affiliate program for about a year. Then the program decided they didn't
want affiliates any more. This guy calculated that he had sent over 10,000
paying customers to the merchant over the course of the year. Now he had
lost a whole revenue stream and had no way to earn from his past efforts.
If only he had kept in touch with these people by collecting names and
mail addresses and keeping in contact, he would probably have made more
sales along the way but better still he could now contact them and tell
them about another great product.
-- End Sidebar--
#4 Upsell your list. If they didn't buy initially then keep reminding
them of the benefits of the product. If they still don't buy after later
mails sell them something else. If they were buyers of the initial offering
then upsell them on something bigger and more expensive.
#5 Don't stop. Never stop sending mail to your list and don't leave
it so long between mails that they forget who you are. Keep sending useful
information every week, build a rapport with them. Do this right and they
will come to trust you like a friend and when their friend recommends something
they will buy it.If they don't want to hear from you any more they will
use the unsubscribe link. Don't assume they are all sold out. A good list
is good for as long as you maintain it. Which can be until the day you
retire.
Build your business right and you will be building an asset that will
keep you for the rest of your life.
One great benefit to taking the long term view instead of immediate
profits is that you will be in a better position to compete in the PPC
marketplace. If the goal of your campaign is to build a list as opposed
to making a profit then you can bid higher and run a break even campaign.
Would you like a free subscription to a monthly magazine dedicated to
affiliate marketing? Visit http://www.ireviewguru.com/freeresources.html
About The Author
Darren Power is your host at IReviewGuru.com
where you will find news of the latest Internet Marketing products along
with reviews, articles and free resources
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