How to Make Serious Money Using Affiliate Marketing

Transcription

1 One simple shift in how you think about affiliate marketing can make you SERIOUS money! Tip: Cite specific successes and results and share them with your community. Once you ve purchased, learned and done a program you will want to begin sharing your results and successes with your community. A great example of this in action can be found at SmartPassive.com, which uses income to show evidence of results achieved. You can showcase your income by blogging and creating snapshots of revenue

2 Traditional Affiliate Marketing (the old way) Vs. The New Approach to Affiliate Marketing Traditional Affiliate Marketing: The old (traditional) way people teach and do affiliate marketing has all kinds of problems. 1. Most people don t have the skills, resources or patience to drive a ton of traffic 2. The customer is almost NEVER yours, so you never generate additional sales from that customer 3. Problems with tracking links can cause you to miss out on credit for referred sales Paradigm Shift: A better approach is to create your own community and promote/sell more than one affiliate product over time.

3 Description #1 Trusted Advisor Become a walking testimonial for a guru you trust. Comparison of 3 Affiliate Systems #2 Enthusiast Position yourself as a person who's excited about the category and its products. #3 Expert Brand Yourself! Position Yourself as an/the expert with your own following. 1. Find a guru you trust 2. Buy their course 3. Learn and do their materials 4. Share your success With friends and family 1. Create a compelling offer to build a list 2. Build an auto-responder series for list 3. Join groups 4. Create a blog Do the same steps as the enthusiast, just present it differently 1. Create a compelling offer to build a list 2. Build an auto-responder series for list Steps Blog about what you ve been able to accomplish Write about it in your newsletter 5. Create fan sites and pages 6. Be active in many places 7. Comment on blogs 3. Join groups 4. Create a blog 5. Create fan sites and pages Create some videos about it, post to YouTube and on your blog 8. Comment/participate in forums 9. Participate in chats 6. Be active in many places 7. Comment on blogs Cite specific successes and results 8. Comment/participate in forums 9. Participate in chats Results/ Benefits Tips You become an expert w/ your own following You can turn this into your own business Create a bonus package that features your coaching/advising service Outsource Approach affiliates and offer to let their audience join your bonus program for a fee (paid by the affiliate) Or, partner with them share bonuses You can talk about things experts can t Your audience gives you a longer leash You can ask questions You can recommend solutions that work Don t sell, recommend Use redirects to hide affiliate links Be seen as a trusted advisor your audience wants to listen to and take advice from You can become one of the big guns in the industry Largest followings Ability to generate cash on demand Huge trust in your audience Give great information and pitch multiple products Don t sell them right away Do sell them well when you sell them

4 Use this System When 3 Affiliate Systems Situational Checklist #1 Trusted Advisor Focus is on Guru #2 Enthusiast Focus is on Category #3 Expert Focus is on Branding Me as the Expert Find a guru you trust Buy their course Learn and do their materials x Share your success w/ your community With friends and family Cite specific successes and results on your blog Use social media to spread awareness Write about it in your newsletter Create a membership site dedicated to sharing premium info Create some videos about it, post to YouTube and on your blog Create a compelling offer to build a list Build an auto-responder series for list Join groups Create a blog Create fan sites and pages Be active in many places Comment on blogs Comment/participate in forums Conduct or participate in interviews Participate in chats x

5 Summary: Don t sell single products; sell multiple products at a time. The key to being successful in any of the three systems is to create a community around a topic and BUILD YOUR OWN LIST. Create an auto-responder and send a series of s that communicate value as well as promote multiple different products. Be sure to limit promotions to one product per and don t promote in every . Remember, every you send out is not only an opportunity for people to buys something; it s also an opportunity for them to leave your list. So, commit to a long term strategy; don t get greedy and sell to hard and fast or you ll lose subscribers and thus the opportunity to make more sales. Your goal is to become a trusting advisor that your subscribers want to listen to and take advice from. Your job is to earn the right to sell by giving them great content and not just sales messages. Think of your sales messages and the sponsor for the content you provide. A long term strategy will give you leverage to negotiate better deals for your subscribers such as discounts and bonuses as well as better commissions for yourself. Commit to a long term strategy; don t get greedy and sell to hard and fast or you ll lose subscribers and thus the opportunity to make more sales. Keys to Success: Create a compelling offer that gets people to subscribe to your list Don t sell them right away Sell them well with something consistent with position you ve taken. Turn features into benefits Don t just tell them to buy something, tell them WHY they should buy it If you do this well, overtime you can sell several hundreds of thousands of dollars worth of products to your list and become one of the big guns in the industry.