Online Business Opportunities as an Affiliate Marketer

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Many people dream of becoming instant online millionaires but just a few manage to live the dream.

The internet has provided online business opportunities for many people to grow wealth and become top billionaires ideal examples being people like Mark Zuckerberg of Facebook and Jeff Bezos of Amazon.com.

However, in this post, we focus on how to start an online business with special regards to affiliate licensing business model.

Affiliate licensing is one of the best ways to start a successful internet business for several reasons.

One is the fact that you don’t have to create your own product to start earning money.

Also, the product owner is responsible for the administration, customer support, invoicing, revenue collection and all other activities that go into selling process, hence your effort is just to promote a link to the product and earn your money.

Further, as an affiliate marketer, you have unlimited opportunities to grow, once you have established a customer base, you can add more products and double or even triple
your commission.

Affiliate marketing, one of many internet business opportunities, is not a new thing.

In fact it is as old as the internet itself. Some of the success stories in this venture whom you should consider following to get daily inspiration and success tips include:

Rand Fishkin
He is one of the oldest online marketers who started as an SEO expert. His company SEO MOZ which started as an SEO firm but later renamed MOZ provides tools and services for online marketers.

He is estimated to be worth $6.5 million as of 2015 and this put him in the Forbes list of top 30 youngest internet business fellows in 2015.

He recently stepped down from his CEO role to focus on training and mentoring young and upcoming affiliate marketers.

John Chow
The owner of JonhChow.com and the founder and CEO of TTZ media Inc broke the internet two years ago when he rose from zero to making over $40,000 per month through affiliate marketing.

In 2012, he was named affiliate marketer of the year in an intense competition that attracts thousands of affiliate marketers.

He is also the author of bestselling book titled: blogging secrets to make money online; Road map of Dotcom mogul. John chow is a success story that any entrepreneur, not just affiliate marketers should follow and learn from.

There are dozens of other success stories including Darren Kowse owner of problogger.net, David MCSweeney owner of Top5SEO.co.uk, Neil Patel owner of many affiliate websites and Kissmetrics and John Rampton among others.

So having appreciated that online business is something you can do and succeed, how do you start?

Neil patel, one of the success stories in affiliate marketing offers a step by step guide to start a successful internet business
as outlined below.

Choose your niche
This is the most important step in starting an online business and in most cases it is the break or make step.

Choosing the right niche is the first step towards succeeding in online business, but what is a niche?

Basically, a niche defines the products or services that you wish to promote in your affiliate business. This can range from health, finance, information technology, skin care or any other category.

It is highly recommended to choose one niche and concentrate on it, don’t try to sell everything that you stumble upon as that would be the first step towards failure.

Further, choose a niche that you are passionate about, you’re and highly knowledgeable about, don’t try to promote a product that you have never tried. Detailed tips on choosing a niche will be provided in successive articles in this series.

Start a Website
Although owning a website is considered critical to success in affiliate marketing, these days’ blogs do the job as well.

Ensure your website or blog is of high quality; easily navigable, highly interactive, optimized, mobile enabled and all other aspects that make a quality website or blog.

The content should be top notch, don’t create content that is purely promotional as this would scare away many potential customers.

Instead, create content that depicts you as an expert in your chosen niche by providing highly informative, accurate, timely and relevant content.

Offer the link to your affiliate products as a recommendation and not as a sales tip.

Ensure you add visual ads and side bars to your website as this generates more clicks. All your content should have a link to the company’s website as this is what earns you your commission.

Choose an Affiliate Program
The debate on which step comes before the other in step two above and this step is ongoing. However, one clear thing is that you need an affiliate program in your chosen niche that guarantees you a good commission.

There are many affiliate programs to choose from including Amazon, Commission Junction, Click Bank among others.

What is important, though, is to determine the payout – what level of commissions you can earn.

Note that it is free to join any affiliate program thus if anyone asks you for your credit number or PayPal details, ignore them because that could be a scam.

For example, Amazon.com may only pay you 10% of a sale on the high end. On a $100 product, that’s only $10. You have to make a 100 $100 sales to earn $1,000 for yourself. (Make sure to get your free copy of the Ultimate Online Profit Guide to learn how to choose the best affiliate program available today.)

Get Traffic
Remember you’re paid on commission, thus the more you sell the higher your paycheck.

Generate traffic to your website or blog using a range of techniques such as SEO, social media marketing, link building, among others.

Ensure that you get targeted traffic, or simply put visitors who are likely to be interested in the product in your chosen niche. For this reason, buying traffic in affiliate marketing is a must if you want so scale your business. Google, Facebook,Bing/Yahoo and more are excellent places to do this

With the niche, affiliate program, website and traffic, you are set to start making money in online business.

Remember, instant success is a fallacy in online business, thus prepare to work hard, be persistent and patient to experience real success.

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