Saturday, April 2, 2011

How to Make Money Promoting Affiliate Programs


You know that you can make money becoming an affiliate for various businesses, large and small.  For many people, that is the sole way that they make money online and it can be really good business.  But what about promoting the affiliate programs themselves?  Can you make money promoting affiliate programs for affiliates?  And if so, how?
First of all, understand that you can easily promote other affiliates simply by signing up with the larger merchant.  For example, ClickBank not only allows you to sell niche digital products, but you can also sign on with the affiliate program for ClickBank and sell advertising for the company; this is what it means to promote other affiliate programs as opposed to promoting products sold on a given website.  Other good affiliate programs to promote include Ebay and Amazon, but any site which sells affiliate marketing as well as products is a good candidate.
Why Is Promoting Affiliate Programs Good Money?
It may seem a bit odd to promote a program rather than products, but you can make good online money doing it for a number of reasons.  First of all, these affiliate programs give a higher commission for people who refer other affiliates as opposed to referring customers.  Second of all, these affiliate programs also sell plenty of products; for example, ClickBank sells tens of thousands of digital products on the site which you can also get a commission for should someone you refer buy something.  This means that you get double the chance for cash.
Most affiliate programs give a minimum of 25% commission and upwards of 75-80% commission.  Amazon.com is the only one that offers only between 4-8.5%.  However, don’t judge by numbers alone; the higher the commission, the more narrow the niche and that means that though you get more money per referral, you end up with far fewer referrals in the long run.  Instead, you should opt for a moderate commission base depending on how you intend to push your chosen affiliate program.  If you get a smaller commission, but a wider possible consumer base, you may make far more money online than a larger commission with a smaller base.
Sign Up!
It’s generally free to sign up as an affiliate marketer for an affiliate program.  Once you sign up, you are given a range of codes for all different kinds of advertising such as banner ads and text links which you can then use on your own site.  Then simply work on ranking your site high as you would be doing anyway.  Remember that the more traffic you have coming to your site, the more potential people there are to send to your affiliate sites and the more money you’ll make.
Affiliate marketing for other affiliate programs can be a great way to make money online if you do it properly.  Choose a company that offers a good commission and as wide a possible consumer base as possible and then work on pushing your site higher in the ranks so that you get more traffic.  You can make good money promoting affiliate programs online just as you can make good money promoting products and in the same way.