Welcome to the most rewarding type of online marketing ever!
Welcome to affiliate marketing; a way to get paid a commission for every buyer you refer without doing any more work than that and without investing a fortune in products. Here's how it works:
Internet marketing professionals realize that it costs a fortune to promote a product to millions of potential buyers. That's why they are willing to share a percentage of their sales to affiliate marketing people who are able to refer buyers to their web site.
These companies set up online marketing affiliate programs that anyone who is interested in earning money can join. Once you become an affiliate marketing partner, or "affiliate" as you will commonly be called, you get a special referral URL that you use to promote the product or products that you choose to be associated with.
There is no practical limit to the number of products that you can represent, but good affiliate marketing practices dictate that you start out with just one or two products that you can focus on until you learn the ropes and start earning money.
And how much money can you earn when you become an affiliate marketing promoter? The answer is hundreds, thousands or even tens of thousands of dollars every month. But don't expect to hit those numbers when you first get started in affiliate marketing. It takes times to learn all of the tricks and techniques and to find the products that not only pay the highest commissions, but have the highest closing ratio as well.
A closing ratio refers to the number of sales made as compared to the number of people referred. A higher closing ratio is more valuable to an affiliate marketing person than a higher commission rate in many cases. That's because the more sales you make, the more commission you earn. A product that pays a $50 commission, but only had a 10% closing rate, would not pay you as much income as an equivalently priced product that only paid a $25 commission but had a 25% closing rate.
That's just one of the secrets to successful online marketing that you need to know when you get started in affiliate marketing. There are many more.
For example, some internet marketing companies run their own affiliate marketing programs, while others choose to partner with a professional affiliate marketing service providers that handle all of the registration and payment details. As a new affiliate marketer, you might feel more secure going with a service provider because there is less of a chance of you not getting the commission check that you're owed. Some fly-by-night ripoff artists run affiliate programs but then disappear when it's time to pay off.
But don't let the few dishonest ones scare you off. Take your time, learn all you can learn and then start slowly. The sky's the limit once you become an experienced affiliate marketing pro!
Well written and easy to understand, Wordpress Goldmine provides guidance on how to select a product, choose a domain name, set up a blog, get content, monetize and promote a site. Unusually, building a list is not part of the formula.
Mark has split his e-book into five distinct sections making it easy to access the information and there is a very detailed Contents Page.
The first section deals with the basic process of setting up an effective Wordpress blog, and covers presentation, themes and plugins.
Content is the topic of section two.
In section three, the different ways to monetize a site are covered and here you will find some really useful information.
Blog promotion is covered in section four which makes a nice change as most e-books leave this vital piece of information out. Wordpress Goldmine actually provides details of a great traffic generation system.
The final section neatly ties up the whole process of using blogs for affiliate marketing by discussing mastering Web 2.0 with social networking, bookmarking and tagging.
Wordpress Goldmine is not just a well-written e-book but a very useful tool.
The author, Mark Thompson, makes every page valuable. There is no hype or fillers and very few affiliate links to click. Infact in the entire book he only recommends two tools and one membership site, although he directs you to very many resources.
The whole book is written in a very matter of fact manner and discloses his proven methods to achieving what he terms, "a comfortable income in a short period of time". His sensible approach makes a healthy income seem achievable, even to the absolute marketing beginner, especially as he summarises each section.
Wordpress Goldmine is a simple and clear, step-by-step guide to the whole process of affiliate marketing. He discusses relevant and critical strategies on which to focus and his concise style of writing, spelling out exactly what he does and why he does it, is a pleasure to read. Another bonus is that he is producing videos to complement the e-book, and these are being made available as they are produced.
If you are looking for an informative and practical, complete package, then Wordpress Goldmine is for you. Even more experienced marketers could benefit from applying his techniques.
Wordpress Goldmine is indeed a goldmine of information for anyone serious about affiliate marketing and making multiple streams of income from Wordpress blogs.
Both Emmanuel Aubrey & Jean Shaw 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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