subject: Understanding the Affiliate Marketing Business in a Simpler Approach [print this page] Before you start operating your own affiliate marketing, you must have the right mentality so that you will be able to build a long term profitable business. This is a business that requires you to take consistent and you must be mentally prepared for it. The affiliate marketing business model has been used by many newbies because of the numerous advantages.
Your main objective as an affiliate is to focus on marketing the merchant's product so that you will be credited with the commission when the customer purchases the product through your referral link. The first thing that you want to do is to understand the big picture view of the business so that you will know the tasks that you need to do. To get started on the right path on this business, here are the various components you must know.
Component #1 - Researching For Profitable Market
This is the most important step as it will determine whether you fail or achieve success in this business. It will be worth the investment of your time and effort into finding a profitable market where the people have money to spend on products. You can do your research through high traffic website like top article directories, forums and other research tool to find profitable market.
Component #2 - Find High Converting Affiliate Products
Once you have decided on the market, the next thing you will want to do is to focus on find a good product to promote to your customers. You will want to make sure that the product is genuinely good and it will help to solve your customers' problem. Besides choosing good product, it is important to ensure that there is good sales letter and the website looks professional so that more people will purchase the product.
Component #3 - Landing Page
This is the page where your visitors will be exposed so that they will be aware of your promotion. It is strongly recommend you create a squeeze page so that you will be able to collect the visitors' details and follow up with them. Some other landing page models that people use are blogs, Squidoo lens, HubPages and others.
Component #4 - Traffic Generation
You will need to start driving traffic your website so that people will be aware of your promotion. This is an important activity and you should be investing almost 85% of your productive time on doing this activity so that there will be consistent stream of visitors visiting your website. Choose various methods that suit your time and budget.
These 4 components form the big picture view of the profitable affiliate marketing business. There are tons of potential to start getting your own profit share from affiliate marketing. Focus on following one proven system and start taking consistent action.
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