Thursday, February 17, 2011

Affiliate Making Money




Affiliate marketing is easy once you find the tactics that work for you. The time it takes to become a master depends upon your learning abilities and also your problem solving abilities. There are no rules carved in stone. Everything changes very fast, so you need to change your strategies, too, every day. One method that was extremely great two years ago and you read about it in an e-book might not work today, or might work differently.


The pitfall of most e-books is that they are only listing the general processes and don't give you a step-by-step guide to affiliate marketing. Since there are literally hundreds of tactics to be successful, it would be a very long book to cover every single method. That's why those so-called gurus are only writing about their favorite methods, which would possibly not be the methods that you can utilize the same way.


Not every method will bring in the same results, so you will need testing. You must choose one that is the most appropriate for your personality, and abilities, too. Loads of people find some traffic generation techniques boring or too complicated. That is why about 90% of people starting with Adwords will fail, because they don't like testing and analyzing the keywords. If you are this kind of person, don't even go there, or you will end up losing money instead of making affiliate revenue. Although, if you are a person who loves sharing and communicates easily, social networking would be your best method.


Prior to spending much money on ads, it is always useful to test an offer on free traffic. I started to apply this rule long ago and it has already saved me a lot of money. If I am sending out a free solo e-mail for my list, for example, and it turns out to be a success, I might consider buying e-zine advertising and advertise that way. But if not, I can still do split-test campaigns, therefore maximize conversions prior to paying for traffic.

Continued on the next page




It doesn't seem possible that there'd be money to be made from lending e-books. But at least one woman figured out how to do it, and more little lending conglomerates seem to be on the way.


When on Dec. 30, Kindle decided to allow its customers to lend copies of purchased e-books (but only for 14 days, and only to one person), a 40-year-old Canadian woman named Catherine MacDonald had an idea that literally popped up in her dreams. She started the Kindle Lending Club. It started out as a Facebook site, where she'd match up people who wanted to lend a book to people who wanted to borrow. It quickly grew out of hand, so she looked for angel seed money.



Finding someone who was willing to invest $12,500, she launched a slick Web site and created a place where people can come and look for specific e-books, or offer to lend them. So far, she has lent more than 1,000 e-books among total strangers and it's all worked without a hitch.


But where does the money come in? If the lender finishes the book within the 14-day limit, no fees are assessed and everything is free. But if the borrowers discover that they can't finish within Amazon's 14-day lending window (and things do come up in life--someone gets sick, or a business trip comes up) lendees can offer a link to buy the e-book and lenders share a portion of the resulting revenue through Amazon's Affiliate Program. For anyone familiar with Amazon's affiliate program, it takes a lot to actually make any money, but if the business person is dogged about going about it, he or she can make some bucks out of the program. So the lendee gets an e-book at a good price, and everyone's happy.


However MacDonald in Canada is hardly the first person to come up with the idea of the Kindle Lending Club. She was merely one of the first. Now there are many on the Web and not just for Kindles either. There are nook lending clubs popping up too. Kindles and nooks don't mix, thanks to incompatible software.

Continued on the next page


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Good morning Chiefs fans. Once more we've gather the latest Kansas City Chiefs news from across the internet (and there wasn't much today). Read on.

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