How to Make More Money With Affiliates
- Author Gary Mcgeown
- Published August 22, 2010
- Word count 493
If you love to make money while working from home, then affiliate marketing might be right for you. However, it's very important to select the right products when you are engaging in affiliate marketing. If you choose the best products, you will end up as a winner, and you will take home great profits. But if you choose the wrong products, you will waste a lot of time and have little to show for it.
You need to make sure you conduct some research before you decide which affiliate products you want to promote. Many people fall into the trap of chasing cash, and they select products whose true value is unknown to them.
ClickBank provides some great information on tracking affiliate products. ClickBank does require that you register with them before you can benefit from their great data analysis and displays. However, ClickBank makes it very easy to register... and, it's free!
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Remember that it is important that you can honestly endorse the product you are marketing. You have to be honest as a marketer. This is key. Do not promote subpar products or unknown products. Promote products you are passionate about.
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Make sure you analyze all of ClickBank's product statistics and weigh them against each other. ClickBank's product statistics are: cash per sale, total cash per sale, gravity, percentage refunded, and percentage per sale. Don't let one of these stats hypnotize you; instead, carefully analyze how each statistic relates to other statistics.
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One of the best tools that ClickBank offers is trend analysis. Trend analysis tracks the short and long term sales of a product. You'll need the vendor ID number to conduct trend analysis. Once you enter this, ClickBank provides you with sales charts that you can analyze.
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Here's how you find vendor ID's. First, enter ClickBank and locate the products you want to market. Then, select the option that states "create hoplink." Then, you need to enter your Affiliate ID. ClickBank will provide you with hoplink links and domains after you enter your Affiliate ID. You'll see two names. The initial name is the affiliate ID, while the second name is the ID of the vendor.
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Carefully document and analyze the graphs that you see. These graphs track the success of the product's sales. Pay particularly close attention to popularity, gravity, and earnings per sale.
The most important factor is to understand earnings per sale. The higher the earnings per sale, the more money the product is making. Look for products which have increasing earnings per sale.
You can learn a lot by studying the trend statistics. In fact, these should help shape your decisions when you are choosing a product to promote.
Successful marketers know that it is very important to use trend analysis. However, it's especially important to do the right kind of trend analysis. This way, you can really ensure that you build a strong marketing campaign. Good trend analysis will result in successful affiliate marketing.
Would you like to discover more free ways to create success and build wealth, both online and offline?
If so, I’ve just put together a free Report on
"The 7 Secrets to Online Success – Starting Today!" To get your Free Report go here now : http://SimpleOnlineMarketingTips.com;
Thanks for reading-
Gary McGeown;
http://SimpleOnlineMarketingTips.com
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