Affiliate Marketing has been one of my favourite income producers since I first got started in online marketing.
If you know how to use affiliate marketing to attract your ideal niche clients there are multiple benefits with not the least of them being some great commission notification emails plopping into your inbox.
After working with clients recently I realised that many people working online have no idea how to use affiliate marketing to build their income streams and generate hot prospects.
So today we'll cover some of the reasons WHY you might want to use affiliate marketing to bolster your online efforts:
Why Affiliate Marketing?
It's easy to do when you know how - by sprinkling affiliate links through your blog posts you can pick up extra commissions by doing what you would be doing anyway.
For the Niche Expert model you can give much more value by referring your clients and subscribers to the tools that can help them grow their business or deliver their services more effectively.
Multiple streams of income - I don't know about you but I like to have multiple streams or sources of income, and affiliate marketing is a very simple way to give great value and get paid even when your prospect doesn't join your business or become a client. Sweet.
If you're focused on training in a niche; let's say you are in the personal development for women niche (which is broad and you would need to narrow it down) the women you are looking to attract to work with you or buy from you will be open to books, training and resources that you don't provide so they will be investing in them anyway!
You can't provide everything and won't have the skills or the time to be all things to all people (even in your niche!) so why not plug into programmes that are done for you?
Some affiliate programmes such as MLSP provide marketing training but also are a source of lead generation for you in the network marketing niche so you can follow up and see if you have a potential business partner as well as an affiliate.
Other affiliate programmes don't share the lead info with you but they just pay you per sale of product or tool. Nice!
You can market affiliate products and programmes in your ezines, reports, books, blog, videos, membership sites, courses and other marketing pieces easily by recommending tools and training that compliment your message.
It's a great way to monetize your online marketing plan from the get go because you can do this before you have a big list or even have any clients or customers.
You can promote affiliate programmes as stand-alone offers to your list directly by email when you find a really good one. I only ever recommend affiliate products that I use or would use myself and am familiar with so that way there is no risk of tarnishing your reputation.
If you want to invest in a course or programme you can partially or in full pay for it by recommending it too. This is easy when you are using the product or following the course because you can share the benefits in real time and from the heart. This is how I funded a lot of my marketing education.
You can JV or joint venture with people in your niche that might otherwise be 'competitors,' and that way you all benefit from their skills and they can in turn promote your stuff too.
You can make your own products and create your own affiliate programme with Digital Access Pass. This way as you develop your niche expert business your subscribers and clients can promote your products and programmes and be rewarded for doing so.
Your own affiliate army is a powerful sales force and you only pay a percentage to your affiliates on sales so this is a great way to market your stuff by leveraging others marketing time and dollars.
Affiliate Marketing is a fantastic way to boost your bottom line and of course it's free and you don't need to do any of the follow up or customer service.
ABOUT THE AUTHOR: Rachel Henke shares the secrets of becoming an expert in your niche to attract perfect clients, publicity & opportunities. For more expert secrets visit: Insider Secrets Report
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