Many people start out by trying to sell Internet marketing products. Why? Because they bought an e-book by a successful Internet marketer, who pointed them in that direction. A big mistake. You see these big Internet marketers have many ways of marketing that you don't and that is one reason why they are successful.
So how do you set up a niche affiliate marketing program? To start, you choose a market where there are a lot of products being bought, and a lot of competition. This shows that there is plenty of money there, and that is essential for you to be a success.
Use Amazon.com to find markets
To find how popular a market is you can go to amazon.com and look up the best sellers in that area - just type in the phrase you are interested in. This is a good way of finding niches. The lower the number, the more popular the market. You could also go to EBay and look for hot products, and see if there are many in the area you have chosen.
Next, go to Google and type in "weight loss", and you will find how many web pages show these two words together. This shows you the amount of competition for that key phrase. Leave the " " out, and you will find how many web pages include those words, but not together - this is not useful.
This is a huge market, so next we could consider "healthy weight loss" or "rapid weight loss" or "weight loss for teenagers" or "weight loss for mothers". We are now getting into some niches, and this is where you start with a niche affiliate marketing program.
At this point you need a lot of keywords to use in your marketing campaign, whether you are setting up a website, writing articles or doing pay-per-click advertising. Here the best tool is the free Google Keyword Tool found in Adwords. You can build a list as large as you like by typing in different key phrases, and then searching the database of the Google Keyword Tool.
Once you have this list, which you can export in a text file, yo have started your niche affiliate marketing program, and you can start marketing.
In fact, that is an aspect of affiliate marketing that many people misunderstand. Unlike salesmen working for their company on commission for each sale they make, you are not actually selling anything. Your job is to advertise and promote the products in any way you can, and there are many ways to do so. The ultimate result of your promotion is that the prospect is sent to the merchant's sales page that does the selling.
There are many ways in which you can promote the products for which you are an affiliate. The benefits of affiliate marketing programs include the automation of many of the procedures involved, so that once you have set a program up you have very little hands-on involvement. The prospects that visit your referring site read your promotional material that could be in the form of a review for example, and then click on to the merchant's site. You have nothing to do after that other than to be paid and become a wealthy marketer.
Some affiliate marketing programs also include an element of network marketing, whereby you can also get paid for recruiting others to the affiliate program. You can get paid a percentage of the sales price for the products that are sold as a result of the referrals of your recruits that also led to sales. That does not affect your recruits' commission at all: yours is in addition to that. In fact, where the network payment goes two levels deep, you also get paid for the sales of the referrals of the recruits that your recruits recruit (if you can make sense of all these recruits!).
Where the payment levels go a few deep, this is termed multi-level marketing (MLM). A good MLM program is where the majority of the wealth in the company comes from sales, generally of products belonging to the company. Some generate their wealth primarily through payments made by recruits as registration fees or payments for promotional items, but you avoid these. By far the best are programs such as Wealthy Marketer whereby the majority of the income is from the products.
The reason for this is that unless there is cash entering the program from sales rather than payments made by members of it, then eventually those members joining the program later must lose out, because everybody cannot profit without money coming in from external sources. Another aspect of such programs is that there should not be too many levels paying you. It might seem better for you the more levels that pay you, but ultimately that mean that there is less for those in the lower levels.
Programs such as 1up and 2up programs pay only up to three levels, similar to many regular affiliate payment arrangements where the merchant pays out to one or two levels. These are the types of program you should enter, not those that offer what seem to be marvelous promises but on checking closer could not possible be tenable to any other than those that get into the program at the beginning.
A genuine affiliate marketing program pays only to a few levels down because that is how everybody gets a fair share of the income; it doesn't all go the originators and his personal recruits, who are likely his friends and relatives. A maximum of three levels is ideal because it gives everybody a good share of the income without those farther down the levels getting zilch. Irrespective of where you enter such a program, you can earn no less than anybody else. It is up to you.
These last five words are important, because like any marketing program you get out what you out in. If you are prepared to do a bit of work, then you will earn more. Internet affiliate marketing is not about taking it easy and waiting for the cash to roll in: it doesn't happen that way. One day it might, but all these millionaire entrepreneurs you read about worked their guts out to get there. It could be you one day, but you have to work to get there.
Some affiliate marketing programs make it easier to get there than others, and it is up to you which you choose. If you make the right choice, you too could be bringing in big bucks every month. Look around the internet, check out what is available and use the program that you feel is most suited to you and you will be on your way to becoming a wealthy marketer.
Both John Hartley & Carl Hartley are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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