What I Didn’t Learn About Affiliate Marketing but Wish I Had by Aaron Fletcher - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.

 

Chapter 3.  Choosing a Product to Promote

The product choice is often overlooked, with trivial considerations such as commission cost, reputation, or your competitor’s behavior shaping a critical decision. However, picking the right item will greatly affect a campaign, so thorough research is essential.

3.1. Find Products That Are Evergreen

Some services and products are common for a short period of time and then fade away. Many product releases in the online marketing landscape and the supplies and financing niche demonstrate this. The commodity generates a lot of buzzes, sells well, and then coasts the bandwagon for a bit before falling off the screen. This may be fine with affiliate product range under the right cases, so if you can find evergreen items that perform well year after year, irrespective of the time of year or current patterns, you can also earn money off work you did years earlier.

3.2 Choose a niche before choosing products

Making an affiliated range of products first, and then researching the niche, is now a popular strategy used by affiliate marketers. Instead, focus on finding a great niche prior to looking at affiliate product options. A successful niche would normally have a variety of high-quality goods that you can advertise, helping you to break evaluate and negotiate commissions with the retailer. When an affiliate plan fails for no apparent cause, picking a lucrative market first helps you to pivot and transform it into a success.

3.3. Utilize the product to the fullest extent possible

Although it's cool to promote a commodity in a sector you think for, many affiliate marketers have no personal attachment to the area they're selling in. This does not, though, prevent you from personally evaluating the product or service. You will learn a lot about a product by using it, including the customer support experience, the distribution process, the general packaging, and the accessibility for beginners. Before you choose an affiliate offer, place yourself in the customer's shoes and believe you have the same level of commitment, dedication, excitement, and desire as they always have.

3.4. Look for a vendor that appreciates affiliates

Finding a seller that isn't too involved in the affiliates is simple with a little experience. Appropriate payment options that do not grant you payment for the referral, paying ad blocks, and popular links to many other brands that are not in their affiliate network are also common signals on the product pages, they all show the poor connection between vendors and affiliates. Quality vendors can also have useful resources for their affiliates, such as posters, product photos, and demographic data.

3.5 Make sure the affiliate tracking functions are working properly

Since the ability to monitor affiliate referrals is critical to your success, be ensure that the process is error-free. Review each link for the destinations to make sure it has the security address linked from your perspective. Next, double-check that the provider is monitoring your affiliate contact correctly. To guarantee that you get credit where cash is due, the affiliate product list must involve careful monitoring. You may also be able to purchase the product using your links to make sure you're getting credit. Finally, please ensure you're included with any post-purchase up-sells. This will significantly increase the sum of money you make.

3.6. Make contact with joint ventures

You will normally find a variety of competitive players in every particular industry or niche to choose from when it comes to affiliate programs. They can be the most powerful affiliates of massive mailing lists, or they can be the product manufacturers themselves. Building relationships with these individuals may be the best way to succeed in affiliate marketing, but they can still be really useful in terms of discovering a perfect product. Early access to new items, invaluable knowledge regarding sales and the best marketing channels, referral bonus rates depending on the performance, and promotion to their email lists or social networking followers are all common benefits of good joint ventures.

3.7. Create a list

Create a compilation of all the products you're involved in selling before deciding on one. You can end up with a massive list based on the niche you have selected. The next step is to narrow down your selection by excluding any items that would not pay you a decent commission. You will find more by looking for affiliate programs for every product on your list on the internet. Examine the affiliate fees available for each commodity, as well as the item's success. Drop a commodity like hot coal if it falls short.

Remember that less purchase on higher-ticket items, as well as slightly smaller commissions on goods that sell just like hotcakes, will pay off.

3.8. Examine the market demand

The consumer demand for a service is the third thing you can remember. As a general rule, choosing brands that can address a significant market challenge can lead to higher revenues from affiliate purchases. Obesity, for example, is a major issue in many nations around the world, but weight management items of all sorts — from nutrition to fitness machines — are likely to be in high demand.

Often, hold current industry trends in mind. If the cold weather is coming to an end, selling a snow skiing commodity may not be the best option. However, if Christmas is approaching, you can bet that family members will be preparing a lot. As a result, choosing a product relevant to holiday meal preparation could pay off handsomely.