Internet Based Business – 2 Tier Affiliate Programs
Filed under: 2 Tier affiliate Programs, Affiliate Business Models, Affiliate Marketing Strategies, Affiliate Marketing Tactics, Affiliate Networks, Best Affiliate Programs, Big Dog Affiliate Tips, Tricks and Tools
How will refering new affiliates to an affiliate program make me money in the future? Thats where a 2 tier affiliate program works like magic!
Affiliates are getting cleverer by the day. So these days, affiliates know the difference between the different types of traffic they can get paid for. There are a lot of definitions though – CPM, CPC, CPA, CPL, CPD and many more.
CPM is impressions, when the publisher (the website owner) gets paid every time a banner is shown.
CPC is clicks, where the publisher (or email marketer and other marketers) gets paid every time a banner or text link is clicked upon.
The other ways of getting paid are grouped together under the term performance marketing – and this is where the term affiliate is most commonly used as well.
An affiliate is a marketer who sends visitors to another site using a variety of methods (such as placing banners or text links on their own site, buying sponsored listings on search engines, email marketing and many other different methods) and gets paid when an action happens. This action can be a lead (CPL stands for Cost per Lead), a Sale (CPS stands for Cost per Sale), a download (CPD stands for Cost per download) and many other variations.
Some in the Internet industry refer to performance based marketing as CPA (cost per acquisition), although the term is also sometimes used for specific types of campaigns such as leads or sales.
Now that we’ve got over the hard part, the rest is easy to understand.
The affiliate gets paid for sending visitors to a specific landing page where an action happens – either a lead, a sale, a download or some other sort of action that the advertiser requires. As an example, some advertisers are looking to build up their databases, so they pay for each opt in email address they receive, others want leads from specific locations, so they pay for zip codes, and then try convince the visitors after they fill in their zip code, to fill in a more detailed lead form.
The common denominator is that the affiliate gets paid when an action happens.
A 2 Tier affiliate program is simply finding new marketers to sign up under you to do EXACTLY what you are doing – sending visitors to different offers and getting paid when the visitors perform some sort of action. So why would you want other marketers to sign up under you to promote the same offers? Simple – you get paid a percentage of the amount the affiliate you refer gets paid? Sounds complicated?
Don’t worry, it’s not hard to understand. As an example, say John promotes 5 different offers on a single affiliate network. He gets paid for every lead, sale, email and zip code he generates from these different offers. John now tells Mark about the Network and gets Mark to sign up using a banner or text link that has John’s referral code built into it. Mark now signs up to the Affiliate Network under John and starts promoting various offers and advertisers from the Affiliate Network. These offers DON’T have to be the same offers that John is promoting. Mark can promote ANY of the offers on the Affiliate Network.
And this is the best part…
For any amounts that Mark gets paid, John receives a percentage of the amount over and above what Mark gets paid. So if Mark gets paid $1000 in Month 1, and the 2 Tier Affiliate program is paying 5%, then John would receive $50 just for referring Mark.
But it gets even better…
Some 2 Tier Affiliate Networks pay LIFETIME commissions. So John wouldn’t get a referral commission just for a month or a year – he receives it FOR ALL TIME.
If Mark becomes a super affiliate and starts generating HUGE commissions every month, John can just sit back and collect the checks as he referred him.
There are 3 important things to know when finding affiliates to sign up under you on 2 Tier Affiliate Programs:
Is the affiliate program or affiliate network credible, has proper tracking so your referrals are correctly tracked, has good campaigns and offers for the affiliates to promote so they actually do make money, and do they pay timeously? Assuming that the affiliate program or network is good, what percentage do they pay you on amounts that your referrals get paid? All programs vary so compare different programs to see what the industry standard is.
How long do you continue receiving referral commissions for? Some pay for a month, some for the lifetime, and of course there are many variations in between.
So do your homework and find a 2 Tier program that can make you money long in the future for the work you’re doing today.
——————–
Learn Affiliate Marketing
Leon Edward is the blog owner and webmaster of http://www.HomeBusinessIT.com where you’ll find successful home business , legitimate online business ideas reviewed , home business management and marketing information where you can even get step by step affiliate marketing training to start your own affiliate marketing online business
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Successful Affiliate Marketing Often Depends On Choosing the Best Niches
Successful affiliate marketing goes to those
who prepare for success online. Selecting affiliate marketing products
and especially researching the best affiliate marketing niches
carefully at first will save hours of adjusting marketing and web copy
at later date plus save you some money.
Some affiliate marketers
start affiliate income campaigns by searching for affiliate programs in
a network website. Clickbank is one such affiliate network where its
easy to search for products with filters as popularity and gravity or
recent sales volume. They make it easy to have identifier tags so that
you can track which pages or ads , the buying traffic is coming from.
This is a nice feature that many don’t fuly take advantage of but it
can lead to increasing online sales. All this said about searching for
products, it still can be much more profitable while saving time if you
make searching for a niches affiliate marketing topic first as part of
your successful affiliate plan.
Choosing an affiliate marketing
niche that’s profitable long term requires analysis of competitors and
their websites or even their keywords chosen if they are advertising
with PPC . Fortunately, there is both free and low cost affiliate tools
or affiliate software to retrieve this comparative market research
information. You may then decide to what kind of website you may build
or even decide not to have a website at all. Many successful affiliate
marketing businesses have focused only on PPC advertising , buying ads
in other peoples newsletter lists, or even forming a joint partnership
with another that has a highly visited websiter in the affiliate
marketing niche of interest.
There are a couple ’schools of
thought’ on choosing a niche where you may have a personal interest.. I
have successfully had a small website in a niche interest of mine for
several years. I can understand how some recommend areas that you may
have quite a bit of knowledge, even being an expert or authority figure
. If you really like an interest and love to spend time being involved
in possibly forums, blogs or communicating with your own email list.;
then I know you can make some money here. However you may be limited by
the market, their spending tendencies and other variables. For those
pursuing big dog super affiliate income, researching these niche
interests will pay off wildly.
Another way of choosing a
profitable niche is to see what the crowd is making money on , and just
switch things up a little. By switching things up. I mean add on
keywords to the hot niche of the day and verifying the marketplace’s
demand for your new keyword phrase. Phrases that have the word product
reviews or compariso aare terms searched by knowledgable consumers
often looking for a purchase. The details of how to this are too
lengthy for this introductory to affiliate niche finding but s step by
step affiliate plan will follow in a seperate article.
A search
for popular books sold on Amazon or top ranked magazines in your own
bookstore will give you top subject areas where I’m sure there will be
lots of competition. If you find a niche that has 30 or so books on it,
you can be sure that the people in this niche are spendng money.
Leon Edward is the owner and webmaster of http://www.AffiliateMarketingOnlineBusiness.com
which he started to show others step by step how to succeed online in
an affiliate marketing online business.
At his website, learn details of an affiliate
marketing business with articles, affiliate tools, step by
step video training and resources.
How To Choose Profitable Affiliate Niches
Filed under: Affiliate Marketing - How To ..., Best Affiliate Programs, Big Dog Affiliate Tips, Tricks and Tools
Debunking the Myths About Niche Selection
One of the absolute most prolific pieces of advice for prospective affiliates is to work within their passions—to find their niche market in an area of personal interest and stay with it. While there is a place for niche marketing in affiliate marketing, it is not what you have been led to believe that it is. For sure, “work within your personal niche” is one of the worst pieces of advice given to new entrepreneurs, and the cause of multitudes of affiliate failures.
Do what interests you
Do what interests you; find your niche; do what you are passionate about; sell the products that interest you the most…
These are the pieces of advice that entrepreneurs are told time and again. And there is some basis to this thought, some method behind this madness.
The overall belief is that if you choose to do business in an area or ‘niche’ that you are deeply interested in, that passion will shine through and you will make sales almost accidentally. The feeling is that by selling products or working within your most favorite niche you will have a built-in sense of urgency and desire that will compel you to work on your business and to succeed.
Moreover, by working within a niche category of personal interest you will come prepared. That is, you will come armed with bucket loads of knowledge and experiences with various products so that you don’t have to ‘waste time’ getting up to speed. You’ll already know the products that deserve promotion. And you’ll know all the promotional background information almost off the top of your head.
The belief is that if you focus on promoting products that are in some way of interest to you, you can easily take care of business. You can construct websites that will sell the products; you can write articles to submit to directories and gain links back to you, the niche expert; you can build blog upon blog and never run out of something great to say about your favorite little widget that so transformed your life as a widget collector (whether you should or not, is another matter, and we’ll discuss that later).
Here’s the thing about this—none of it is untrue. It is easier to put yourself behind a product you already know. It is easier to hit the ground running when you are already well-versed in matters. It is easier to connect with visitors and readers who are more like you. So why, then, is it a myth to believe that you should focus first and foremost on your personal-interest niche as an affiliate marketers? Why can’t that mean virtually automatic sales and commissions?
What’s wrong with passion?
The reasoning against personal niche concentration is more simplistic than you might think. And in point of fact, there are some exceptions to the rule, which we can touch upon after you understand why the myth in general is a myth.
Then cut to the chase already, right? What’s wrong with doing something you are passionate about?
There is nothing truly wrong with it. But there is something unprofitable about it in an overwhelmingly large percentage of cases. What is unprofitable about this mindset is that it is just too limiting. By choosing your business and products based on one personal preference, you lose the freedom of choice. And that freedom is important, because it is what allows you to give buyers what they want, and saddles you with a limited number of affiliate product options, most of the time in a niche that isn’t seeing very high demand.
Very simply, unless your niche interest happens to be in products or subject areas that coincide with what people are ready to buy, it does not come with the most essential element of affiliate marketing success—built-in customers.
Instead of focusing on the niche products, you need to focus on the products that can and do sell. At least if you want to be one of the Big Dogs in internet marketing you do. If you want to make the big commission checks and the easy, sell-themselves-while-I’m-in-the-tropics kind of sales the Big Dogs do, you have to think less about what you want to talk about and more about what customers want to hear.
The other factor you must consider is sustainability. When you do choose a niche, choose one with staying power. Choose one that can be recycled over and over—that will continue to elicit demand again and again. That will lend itself to up-selling with other products and/or upgrades. And while you do that, focus on how you sell, not only what you sell, so that you can re-use what you learn. That way, you can continue to be a Big Dog affiliate success well into the future (say, to retirement?) even as products and affiliate programs come and go.
If by now you are concerned and thinking, “Great. Now I just don’t know what to sell, and I thought I had it all figured out…” don’t worry. This book is here to re-train you and teach you to sell and make easy money the way the Big Dogs do. Not the way the people making trickles and dabs of affiliate money do, the way the people living off affiliate commissions do. And to that end, we will certainly clarify for you how to identify the products that will sell. In fact, we’ll do that shortly. But first, let’s take away another fear.
But I’m no expert
Okay, so now that we’ve dismissed the thought of selling niche products that you like, and taken away your automatic level of comfort with your product, we need to talk about how to correct that problem for you, yes?
It is a lot easier to sell something you know and love, surely. It is easier—at least in the beginning—to build marketing and pre-sales around a product you have an interest in; meaning, if you are already an expert in “widgetta obscura” you could probably sit down and in one afternoon draft a complete website full of content on the matter. And if you choose another product, say an in-demand high seller that you know next to nothing about, you’ll have to do some research before you can belt out that content. You’ll have to become an expert all over again.
There. You’ve just been given the answer. Did you see it? Become an expert. Just as you were not born an expert in widgets, just as you became an expert through study and use, you can do the same thing for any product that with excellent consumer demand.
All that it takes to become an expert is some time spent reading, and eventually using your products. You can become an authority. You can become whatever type of expert you want to be. And trust us when we say that you want to be the expert who knows the products with ready-to-buy consumers.
That being said, there is something more to consider—you don’t really need to be an expert to be an effective affiliate! By default it is quite likely you’ll become one over time, but in the meantime all you need to do is let your parent affiliate program do the work for you! All the information and ordering and purchasing tools are already there for you. Your job is just to get your people to them so that they can buy. And believe us when we say that if you target the right markets, they’re likely to come with plenty of information anyway!
The exceptions to the rule
We did say there would be exceptions to the rule of choosing a niche that interests you. That exception is very simple, and we won’t spend a lot of time on it here.
The exception to the rule is that if you happen to love a product that people are clambering to buy, go for it! Jump in now while the getting is good. Consider yourself lucky.
The other exception is your personal interest. If you feel a burning desire to promote a product within your niche to suit your own personal fancy, go for that, too! There are no rules to what you can and cannot sell. You can be an internet marketer of a multitude of vastly different products in all sorts of niches. In fact, that’s probably a good idea. There is no one perfect niche, there are many. Open up your options, do your fanciful thing on the side, but plan to make your money the way the Big Dogs do—by selling the right products that require the least amount of effort on their part.
How to Spot a Moneymaker When You See One
Fine. You can accept that you can’t make it big selling your widgets to the five other people who love widgets. You accept that you have to look for the product that is in demand, with buyers ready to click that “buy” button. So how do you know which products to choose?
This is where your affiliate tools come in. This is where targeted product research comes in. This is also where SEO and keyword research starts to come into the picture, but the details of each of those will come in their due time, in their own, dedicated chapters.
Spotting the sellers
What you need to do to spot a moneymaker is find out what is selling and what is not. Go to affiliate sites like Click Bank and Commission Junction. Utilize the marketplace tools there and find out what products are performing—which products other affiliates are making money with. Start there, but go further. Consider the whole picture before you decide on the right affiliate products for you.
Go to these sites, and look at the market reports. Don’t just start with a top keyword search; find out what is selling—not just what is getting traffic hits. Compare products in your chosen category against each other. See which products are outperforming the others, and then go from there. Build your website and your affiliate program around that product. Then use your keyword analysis in the most productive way (as we’ll show you).
Here’s the trick, though. You don’t want to just grab the first products you see with the highest traffic generations. Traffic in and of itself means very little. You want the products that are actually converting—that are turning into sales. So even if a products gets thousands of hits a day, but only a couple of those hits convert to purchases, it is probably not the product that will generate the kind of easy, hands-off sales you want. A product with only a hundred (or fewer) hits per day that converts at a much higher rate would actually do much better. It’s the conversion and sales that you need to know, not just the traffic generated by searches.
What sells and what doesn’t
Sometimes these statistics are things that you can find through the marketplace tools on affiliate lead sites. Not always, though, and some sites are better at it than others, so you need to look at the proven factors that are more likely to result in sales. The trick to this is really in knowing a bit about the psychology of buyers, and then using that to guide your efforts at SEO and marketing (but more on that later…).
First off understand that there are basically only two types of buyers of interest to you; they are
- Buyers who are researching products, and
- Buyers who need a product (or feel they need a product) because they need a solution to a problem (or think buying solves a problem—sometimes the problem is simple want)
Are there other types of traffic-generators out there? Sure. But most of them are not buyers who are ready or nearly ready to buy. So that kind of traffic is essentially fluff. It looks good on your site meter, but it doesn’t make you money. So it’s not worth your time and effort.
This is where keyword research really comes into play. Effective keyword research will target those buyers ready to buy, rather than those just looking around. We’ll break that down in later chapters.
It may seem as though we’ve gotten a bit away from the issue of niche selection. Really, though, it’s all intertwined. To choose your niche—since you’re not choosing on interest alone—you will need to know how to choose the niches that can perform. You need to know how to spot the moneymakers, using your market tools.
Now that you know your niche, we can start setting up your business. We can go on to formulating a game plan and carving out your piece of the market action.
Leon Edward
Visit http://www. opportunity.com/leonedward where you can get expert niche finding done for you plus access thousands of affiate products and the top networks.
How To Best Select An Affiliate Program
Marketing products and services through the Internet is unquestionably easier and more rewarding compared to traditional marketing methods. With the millions of people worldwide getting online each day, there’s an enormous possibility for a merchant to sell his products and generate huge income.
However, merchandisers are not the only ones who can benefit from online marketing. A booming industry nowadays, provides great opportunity as well to individuals as affiliate marketers. In affiliate marketing, an affiliate marketer doesn’t need to have his own products and services to sell. All he needs to do is to refer people to the merchant’s business site for them to buy the products and thereby, earn a commission.
The key to an affiliate marketer’s success is to choose a good affiliate program and to employ excellent marketing techniques in promoting or selling the products to consumers. Why good and not the best affiliate program? There is no “best affiliate marketing program,” as one program might make one affiliate marketer a millionaire and the other a frustrated marketer. In other words, it can be a success to one and a failure to another. But there certainly is a good affiliate marketing program to start with. How to make it best would now depend on you.
But before you think how you are going to make it best and financially rewarding, first think about how you are going to land on a good affiliate program with the thousands of affiliate marketing opportunities abounding in the Internet today. Try to look into the following tips and suggestions on how to best select the affiliate program that’s right for you.
Information, that’s you need in order to make the right choice. It is helpful when you have already focused your search to a specific interest, which may be the theme of your website (if you already have one). In this way, you would be able to direct yourself towards a program that really matches your needs, wants and resources. It would be easier for you to eliminate options that are not suited to your own criteria for a good affiliate marketing program. You can join affiliate forums and learn some tips and get suggestions from experienced affiliate marketers. However, be wise enough to weigh their ideas before you buy them.
The Internet Affiliate marketing program networks are good places to look for choices. Here, merchants and affiliate marketers like you meet. The merchants advertise their affiliate programs to interested affiliates who sign up in the network for free. Third party affiliate program networks are helpful since they provide you with access to a large number of advertisers (merchandisers) simultaneously. You can easily track and compare their sales records, performances, benefits, products and services.
So now you have choices, the next question is which among those options is the right one. Here are some things to consider in deciding which to take and which to reject. First is the quality of the products and services. As an affiliate marketer your goal is not only to make visitors of your site click the link to the business site; but more importantly, to promote the product so they would buy it. If the customers are not convinced upon going to the business site, then you don’t earn. Make sure the products you are endorsing are worthwhile or in the business context, saleable. Ask yourself: if I were the customer, would I buy it? Would I recommend it to my family or good friend? If you can’t convince yourself or your family and friends to buy it, take a look at your next option.
Another is the affiliate program or the merchandiser’s history. Look into their previous and present sales data, their proven and tested affiliate marketing systems and their partners’ experiences with them. Although, success of the program really depends on you, this one is still very important. The sales records don’t only show how good the affiliates are, but they speak about the products’ reliability, market availability and the company or the merchandisers’ reputation as well. Moreover, look into and carefully study the company’s compensation plan. Your purpose for joining the program is to earn, so make sure you’ll be paid for all your efforts fairly.
- Leon Edward
http://www.Opportunity.com/leonedward has the top research on the net for superaffiliates with new qualifying affiliates daily, video affiliate Marketing Online Business training with step by step instructions and the largest updated database online.
