What is Affiliate Marketing? Simply put, it is promoting another person’s products or services and in return you get commission for each sale that you make.
Is there money to be made in affiliate marketing? Definitely! Affiliate marketing is a billion dollar industry. Thousands of affiliate marketers are already quietly marketing affiliate products and receiving big commission checks monthly. They may not necessary be in the crowded Internet Marketing niche. Many of them are operating under the radar in markets like trading, diet, fitness, parenting, gaming, sports or insurance.
For any aspiring affiliate marketer, make sure these resources and tools are assembled before embarking on your affiliate marketing journey.
1. A Website and Domain for Each Niche or Market
You will usually get a replicated website from the merchant tagged with your affiliate ID. While you will eventually direct your prospects to that website, not sending them to your own website first is a mistake. It is better to have a website for each niche with its own domain name. For less than $10 a year, you can get domain names cheaply at Namecheap or Godaddy. To protect your privacy, you may choose to pay a small fee for the WHOIS protection service to prevent people from gaining access to your address, phone number and email. With a proper domain name, you can also set up an email account associated with your domain name. It is best not to use free email account like Yahoo and Hotmail to communicate with your prospects as this lacks professionalism.
2. A Hosting Account
For hosting services, there are many good service providers like Hostgator and Fatjackhosting starting from $5 a month. 24/7 technical support and reliable servers are very important considerations. Do not go for free web hosting services as you will not look professional with all the banners and advertising popups plastered on your website. I would also advise that you do not buy your domain and hosting services from the same company so that you will have more flexibility and negotiation power should you want to switch vendors.
3. An Autoresponder
An autoresponder sends out a series of follow up emails or group broadcast to your subscribers. This allows you to build relationship with your list and offering many selling opportunities. Never use free autoresponder as they usually come with sponsored ads and there may also be deliverability issues. AWeber, Get Response and Email Aces are good autoresponder service providers you can consider. Many of these service providers do not allow direct import of lists, unless the subscribers give permission to be mailed again. This may cause your database to drop off by 40% and so, sign up with the right company the first time carefully! One of the few companies that allow direct import is Auto Responder Plus.