i) Identify your niche industry and products
Affiliate marketing is not all about marketing to everyone but to a desired niche audience. You must understand that your niche industry that is a small portion of the entire market. If you are to start a profitable affiliate marketing campaign, you must focus on a certain niche and if it is broad you must find a way on how to narrow it down for profit maximization. For example SEO is a broad niche but you can concentrate your affiliate marketing campaign on promoting keywords/keyword phrases services and products hence narrowing it down. You can read more about NicheMarketing Theory to get in depth analysis of niche markets and products.
ii) Research about the Affiliate Programs
After you have narrowed down your niche market then it’s time to find out which products are popular from different affiliate programs. You must take into considerations things like how regularly does affiliate program issue checks, Click or Hit per Sale Ratio, Hits and Impressions Payments, Amount of Commission Paid Conversion Rate.
iii) Join the Affiliate Marketing Program
After having research thoroughly, you can now think of joining the best affiliate program for profit from your finding. If you feel like you want to market on interested in promoting physical products, you can set up an affiliate account on CJ or online web stores like Amazon and EBay. For you who feel like virtual products are compatible and flexible with your affiliate marketing campaign you are stating, you can sign up as a publisher on Click bank and Link share.
iv) Create a Website or install a Blog
Develop a website or a blog that will be used to promote products from the affiliate you have joined. You must make your content on your website more compelling and causes receptiveness by writing reviews on the affiliate products you have started to market on your website or blog. You can include a video in your website showing people how they can use a certain product you are promoting.
v) Build an Email List
This one way on how you can unlock the hidden income potentials from any affiliate program. For you to profit from your affiliate marketing campaign you are starting, you must have or build a list (group of subscribers). Building a list involves providing offers in exchange of contact information like email addresses and first names from visitors. You can also place a capture form on your blog or website for people to opt-in for future newsletters that can be informative, product launches, promotional or all the 3. The bigger the list of subscribers, the more money you are capable of making.
vi) Drive Targeted Traffic
To gain a profit or commission from the affiliate marketing campaign you have started, you must drive targeted traffic to either your website or blog or sales page. Having targeted traffic is one way how you can generate leads which later on turn into sales from your affiliate campaign. Targeted traffic can be achieved through submitting niche articles to article directories, creating web 2.0 properties like Squidoo lens and Hubpages for niche topics, joining forums and discussion boards with a back link inclusion to your website.
PPC(pay per click) advertising campaigns that enable you to bid for a certain keyword if it is to be searched for and also for rankings in the search engines. PPC involves you to pay for each click you get to your website from searched results for a certain keyword you bided for.
How to start an affiliate marketing campaign is all about knowing what you are interested in no matter what the niche may look to be then aim for targeted traffic for lead generation which later turns to sales.
That’s it for now, feel free to Add-on, comment and criticize where possible. Thank You.