One great online business to get into is affiliate marketing. It's not actually hard to do, but it does have a learning curve that needs to be taken on if you want to make good money. Here are some tips for getting you past that learning curve -- maybe you can even break the curve!
Make a unique web page for each affiliate product. Write relevant and helpful information about the product for your visitors to read. If you focus a page on a single product, you can target a specific audience that is already interested in the subject. It also makes tracking much easier.
Avoid using services that hide domain ownership. It is believed that Google checks whether website owners have hidden their domain ownership information with services like Domains by Proxy and penalizes their sites by either reducing their rankings or increasing the time that the sites sit in the "sandbox," the informal name given to the ranking penalty given to new sites until they prove themselves.
When selecting an affiliate program, be very sure to read the fine print of your contract, and especially beware any exclusivity clauses. An exclusivity clause may dictate that you can only promote that company's products on your website. This can seriously impact your earnings if you planned to use multiple programs.
Be wary of affiliate marketers that do not offer real-time customer tracking services. An affiliate that cannot show a webmaster the traffic flowing from his or her site to the affiliate's site is possibly an affiliate looking to cheat the webmaster. Affiliates that rely solely on testimonials on past performance are even worse - how an affiliate used to do business has nothing to do with how they do business now!
Make sure your affiliate programs match the content of your blog or website. You will have a lot more click throughs and results when you have a product that your market has an interest in. A page dedicated to the fashion industry is not going to have as much luck selling printer toner.
To maximum your affiliate marketing profits, work with a variety of retailers who sell similar products. You should aim to promote anywhere from 3 to 4 different retailers on your site. This gives you data on how affiliates compare to each other and also gives your readers options. Try rotating the merchants you work with to find out which ones are best for you.
A great affiliate marketing tip is to branch out and try out different affiliate programs. You don't have to stick with the giant networks. Go to your favourite vendor and find out if they have their own affiliate program. Each program is different, so you should never settle with just one.
These ideas should help you move steadily toward affiliate marketing success. Making money as an affiliate isn't an instant process, but one of constant learning, tweaking and gradual building. Following these tips is an investment in your future though, so with what you've learned, you can go forth and build the financial freedom you desire.