One way in which you can excellently use this knowledge to make money is through affiliate marketing. It's not only a great way to monetize your existing web site or blog but also to build significant passive income through it. The first thing you need to become a successful affiliate is to figure out what type of marketer you are or can be. Don't know yet? Take our quick quiz and find out!
Q: How much time can you invest?
At the outset, affiliate marketing requires a bit of time commitment in order to learn the ins and outs of the system and to choose and test among different programs and products. But this is really an investment, because once you find your niche, you can work as little as an hour or two a day. Still, it's important to plan this out at the beginning and decide how much time you can put into affiliate marketing over, say, the next year or so. The following are three main models for affiliate marketers:
Full-time affiliate: Marketers who focus exclusively on, and make their income from, promoting and selling affiliate products.
Part-time affiliate: Marketers who are dedicated to affiliate marketing but also have another job.
Side-marketing affiliate: Marketers who add contextual products to already existing sites; blog owners who advertise for their hosting company or web designer fall into this category.
Q: How much traffic does your web site have?
If you have a lot of traffic - say, thousands of visitors everyday - you can make good money with click-based marketing. Otherwise (and this is true of most marketers) you are best off choosing a transaction-based program, ie, where you get paid every time a visitor follows your link to make a purchase.
Q: Do you want to invest in one network or work with different vendors?
Again, people have found success with both models. Finding a single network requires a greater commitment at the outset, because it will take you time to find the best network for your needs. Working with several vendors can offer more flexibility and minimize your reliance on a single source, but it will also be more time consuming than the alternative, in the long run.
Q: Can you write persuasively?
There was a time when the ability to code a website was an important skill for affiliate marketers, but blogging software and easily available and customizable themes have made this factor obsolete. Affiliate marketing thrives on content, so if you can write persuasively, you really don't need much to get going besides time and a high level of motivation. However, don't worry if you don't 'there are several web sites where you can advertise for and hire professional copywriters at affordable prices.
Once you have zeroed in on the kind of affiliate marketer you want to be, you can move on to choosing a program and/or product, and start making money online right away.
Article Source: https://www.bharatbhasha.com
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Article Added on Friday, September 17, 2010
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