Affiliate Marketing is, in fact, the easiest way for anyone to start generating money on the Internet – I’m not talking about generating a dollar or two, but in terms of tens of thousands of dollars, or even millions, on a complete autopilot! It can be easily dubbed as a “set-and-forget” system. Once you’ve setup everything in place, you can just let everything run by itself.
However, I’ll like to remind you that affiliate marketing is definitely not a “get rich quick” scheme (look elsewhere if you are looking for something that’ll bring you massive amounts of cash quick, without doing anything). You need to treat affiliate marketing as a business, and approach it the same mentality as you would treat a brick-and-mortar business. You’ll need to have a plan on what to do – in a step-by-step, systematic manner. Only those who plan out their strategies well will be able to reap maximum benefits from affiliate marketing – and generate massive amounts of income as a result.
Plans and strategies aside, you’ll also need tools to help you succeed in affiliate marketing. The following are top 3 tools you’ll definitely need if you are serious about generating massive amounts of cold, hard cash from affiliate marketing:
Tool #1 – Your Domain Name & Hosting
This is the number one thing you would need – your own domain name and web hosting. Getting a domain name is very cheap – it costs less than US$10 every year, while a simple web hosting costs less than US$10 as well every month.
Once you’ve gotten your domain and web hosting, you have to go on and create your website / blog (WordPress blog) around the topic you’re going to work on. Do not focus all your efforts on selling only. People do not go online to buy things, but look for information. Thus, you must start off by building up a content-rich website / blog. These contents should be original, relevant and useful.
Start off by building up your reputation first – once you’ve built up the trust as “the one” that people can approach when they need information or advice on the topic you’re doing, then you can start promoting products to these group of people – and they’ll most likely buy from you because they now trust you, and your recommendations that the products you recommend will work for them. This is when you can start generating massive commissions from affiliate marketing.
Tool #2 – List Building
Besides having a content-rich website / blog, you also need to build up your own list by collecting your visitors’ first name and email address in exchange for something – it can be an ebook, email course series, videos, etc.
After collecting your list of interested prospects, now you need to communicate with them by sending them a series of emails with tips or information around the topic you’re in, product promotions or offers (you can promote products you’re selling as an affiliate here – that’s where money will come in), giving them free ebooks, audios, videos that you ‘ve produced or stumbled upon in a website and found useful, and more. You can do all these with an AutoResponder – and it costs about US$10 to US$30 every month, depending on which AutoResponder provider you go to.
As I’ve said earlier, do not focus all your efforts all on selling, but, focus your efforts on providing unique, useful and relevant information to your prospects. Build up your reputation first, and money will eventually come in (when they start buying any products you recommend them).
Tool #3 – Traffic Generation
Having a high quality websites / blogs is useless if nobody knows about it. You’ll need to drive traffic to your websites / blogs. There are a couple of ways you can go about doing it.
One of the best ways you can go about driving traffic to your websites / blogs for free is to submit articles you’ve written in your websites / blogs to the various article directories, with your website’s link in the author’s resource box. You can also submit these articles to e-zine sites. By doing this, you’ll not only be able to get a valuable link back to your site in other sites, but you’ll also have the opportunity to advertise for free (with this link back to your site).
There are many other tools that can affiliate marketer can use to maximize their earning potentials – sky’s the limit! The opportunities are endless, and limited only by your imaginations, creativity, resourcefulness and determination. Always remember, that as long as you approach affiliate marketing with a plan and strategy, and in a step-by-step manner, you’ll be able to generate massive amounts of income from it over time. Good luck.