Affiliate Marketing Success - Laying the Foundation
The first and most important thought or impulse with respect to
affiliate marketing must be to have a viable product or service.
There are thousands of possibilities in life and your own
experiences to choose from. Keep in mind though that your best
success will come from knowing what people need and want. Make
it a point to understand what people feel passionate about.
Place no limit on the research that will allow you to know how
an un-fulfilled need will impact their lives now and far into
the future. Then you can link this knowledge with unbridled
passion. Success comes when you find a way to share this
knowledge and passion with people. This is timeless act of
finding a need and fulfilling it.
The next step in affiliate marketing is to narrow your findings
down to a niche market. This will be a group whose needs you
thoroughly understand. These findings are what you build your
business around. The wonder of the world we live in is that we
don't need to continually re-invent the wheel. There are
countless products and services on the market that are waiting
to be repackaged and sold. One excellent way of knowing what
people initially need--is to study what they search for on the
internet. This study will enable you to plan the structure of
your website to attract a high volume of visitors from the major
search engines, and induce them to them to buy your product or
service, and/or become affiliates.
Overture has an excellent tool for keying in words and finding
out what the traffic was for the previous month. Included will
be information on any similar words and their number of
inquiries as well. This really opens up the understanding of
what people are passionate about and searching for. You can then
pull up any major search engine--key in a word or phrase and
you'll be able to note the number of websites associated with
your inquiry. Pay special attention to the first twenty
websites, and how they are structured for keyword content. The
keyword content is the secret of what is going to drive
inquiring minds to your website.
The basic business plan for affiliate marketing never varies in
content. New age marketing will center on these four fundamental
ideas. Product--knowing the needs of your niche market and
fulfilling them. Place--finding the right informational and
technological tools to find and distribute your product to your
intended niche market. Promotion--having the knowledge and savvy
to place that information in the minds and hands of your target
group. Price--knowing what your customers are willing to spend
for solving their needs.
Add to this Power--the right visuals and communications; and
Passion--the energy generated in believing in and delivering a
product, and you have a winning mix for success.
The affiliate marketing business plan you create should not only
find your customer, but should also have so have the right
combination of tools to retain your customer for repeat sales.
Search for software business programs that will allow you to
generate newsletters to interested customers informing them of
promotional offers or affiliate opportunities. Though
automatically generated, it gives your outreach a solid
approach, and your prospects will appreciate the follow-up and
attention.
Keep in mind it's going to be a dual role in finding a
successful business plan. One half of your concern will be in
finding customers that will purchase your product or
service--and hopefully repeatedly. The other challenge will be
to turn these prospects into affiliate members that have the
same drive and passion about the product or service. Presenting
the product as a stand-alone entity best does this. This can be
accomplished by looking at the product and its benefits in
meeting your niche market's needs solely by itself. If there
were no affiliate opportunity, would the product or service
itself generate income while providing a high level of
satisfaction to the customer?
This area of concern is often overlooked, and is why many
programs fail to recruit and maintain affiliates. Any good
business plan in the new marketing age will also focus on
creating a dynamic and effective web site. There are endless
packages to choose from, and many businesses that can develop
and host your content for the right price. Once again though, it
comes right back to thoroughly knowing your product and what
it's meant to accomplish. Web developers cannot create the
dream--they can only interpret it.
There are good affiliate marketing plans already in place. These
programs usually come with all of the knowledge and support
structures ready to use. Then it becomes an act of plug and
play. The same rules of knowing your product and customer's
needs will also apply. You may be at the stage of growing the
business by looking for affiliate members to join up. Finally,
you may be a pioneer with an entirely new product, or a twist on
one that's been around for some time and you're looking to build
a down-line of customers and affiliates. Whatever the case and
stage of development--know, understand, and utilize the time
honored rules of success.