What is Affiliate Marketing?
Welcome back! Have you joined my mailing list yet?
Those of you who try to make money online have either heard about or have been involved in affiliate marketing. But there are a bunch of n00bs out there still scratching their heads trying to figure out how the big guns like John Chow make so much freaking money on the net who haven't realized that there's more to it than just making a very awesome blog. The real money is usually made on the back end, and most of the time it involves affiliate marketing.
Still wondering about affiliate marketing? Really? OK, here's a little visual for you:
So really, once you get past the big, scary words, affiliate marketing is simply advertising where you earn a cut for your referrals. Now, there are a couple of different ways to go about this. Let's take a look at a couple of these methods.
Web Affiliate Marketing - This is probably the most prevalent type of affiliate marketing among my readers (and fans of the other guys). While this is a fairly broad term, it essentially means using the web as a tool to promote someone's product. For example, selling ad space on your blog or website, email marketing (which, although it is done on the web, I don't personally see it as the same thing as 'web marketing'), or using social media as a method for promotion. Most of these ads will come from an advertising network, like Logical Media or Market Leverage.
Offline Affiliate Marketing - This is basically the same principle applied to the analog world. One example is if you were to find a person you knew who provided some kind of service, for instance tax preparation, to partner up with. You would promote their service (using word of mouth, fliers, some method of advertising) and in return earn a commission based on your referrals. While it may not be quite as easy as sitting at a computer pasting ad code onto a site, the rewards can be just as great (if not faster, since you wouldn't have to wait to hit a certain payout threshold).
These two examples are just a basic look at two different realms that affiliate marketing works in. There's still a lot of good information out there, and I would recommend doing a bit of research. Once you figure out what affiliate marketing is, then it's only a simple matter of application.
If you like these posts and want to stay in the loop, please subscribe to my RSS feed and follow me on Twitter. And if you really like this stuff, you can buy me a coffee! Oh, and if you like being an insider, be sure to join the mailing list...I never spam, but you will get some insider specials!
Twitter Testing Was An Epic Win
The other day I was reading through a web forum that discussed some very interesting alternative marketing tricks, and I came across a person who had created a tool for automatically posting messages to Twitter. I wanted to see what this could do when you combined it with my current Twitter marketing strategy.
In a word, wow.
At this time I won't divulge the actual name of the tool, since it has been upgraded and I will be testing out the newer application soon. Probably today, actually.
In a nutshell, my strategy includes one CPC link that earns $.10 per click. Now, when I post this link, I normally make $1-$3 each time. Well, with the autoposter, I had it set to go off every two minutes. By the time I ended the test at 11 PM CDT, I had made $67.50. Not bad, eh?
Well, I didn't want to lose my Twitter account, so I went back and deleted all of the posts from my timeline. I especially had to do this because I used my main Twitter account. Probably not the best move.
Today I have shifted the tool to post to another, more appropriate niche-related account at a somewhat slower rate. As of right now, I'm sitting at $28.20 for the day. And yes, it's still climbing.
I can't wait to test the new tool, which should allow me to rotate text, rotate accounts, and basically do a better job in a better, less spammy way.
I apologize to my followers for being brutalized by my test. Hey, at least I'm sharing what I do to make money with you...you can join the bandwagon!
Anyway, I had to treat myself to some sushi today. It's a very rare treat for me. And since I'm such a sushi noob, I thought it would be good to try to be like John Chow and get a pic. Unfortunately, my stupid cell phone camera doesn't auto-save pictures, so that means I'll have to go order the same thing again some day. Hmm...not a bad idea!
If you like these posts and want to stay in the loop, please subscribe to my RSS feed and follow me on Twitter. And if you really like this stuff, you can buy me a coffee! Oh, and if you like being an insider, be sure to join the mailing list...I never spam, but you will get some insider specials!
I got a check from Logical Media!
Yesterday I came home to an envelope that had already been opened. No, not by anyone I don't know, so it's cool.
It was my first check from Logical Media!
For those that may not know, Logical Media is an affiliate network that has some pretty good offers. And yes, it is confirmed now, they are very legitimate. Of course, if I didn't have people tell me about them to begin with, I would not have joined.
This check was for $121.05. That may not seem like much, but I really do put a very small amount of effort into marketing in what little time I have to do it, and I mainly stick with just ONE of their current campaigns. I'm not telling which one. :p
If you are looking for a good affiliate network, you should check out Logical Media. There's a banner on the right hand side of the site that you can check them out and/or sign up with.
They were offering a $25 signup bonus at one point. Not sure if that's still going on, but it's worth a shot.
If you like these posts and want to stay in the loop, please subscribe to my RSS feed and follow me on Twitter. And if you really like this stuff, you can buy me a coffee! Oh, and if you like being an insider, be sure to join the mailing list...I never spam, but you will get some insider specials!
Recent Posts
- Multiple Income Streams – Getting Pumped!
- Setting up my savings goal.
- Harry Potter and the Child Support Payment from Hell
- Reinventing myself – setting goals.
- It’s time to do some house cleaning.
Best of [ ! ]
- A Page Without Page Rank Ranking on Google's First Page
- The Importance of Good Employee Relations
- Twitter Followers Versus Blog Subscriptions