Don’t you just hate it when you go to a website and find out something about it is broken or hard to use? As much as it bugs you, it drives the owner of the website you’re looking at up a wall. That bad functionality and brokenness mean less sales and traffic for the site owner. It also means that website testing is a legitimate way to make money online.
Repeat business is the key. It’s a lot easier and cheaper to market to a repeat customer than it is to acquire a new one. In fact, the average business spend seven times more in marketing cost to get a new customer than it does to keep an existing one. When you’re doing hit and run affiliate marketing, what you are in fact doing is spending that 7X more money to acquire a customer for SOMEONE ELSE! Can you see now why most hit and run affiliate marketers don’t make money?
Over the last 20 years, I have seen lots of training courses. I agree with most of your experts. Site Build It was the first good training course I took shortly after Ken Envoy launched it. I have gone the Affiliorama route and thought it was a good program for beginners. At the time I took the course, there weren’t many options for niches. I have heard good things about Chris Farrell’s program but personally have not taken it. Wealthy Affiliate is by far the best program. Members learn to build an online business regardless of the niche(s) they select. Wealthy Affiliate also has a very strong support system in place. The active community of members means people can get their questions answered quickly.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
You definitely have to stay focused and committed if you want to be a success as a ClickBank affiliate. The process can be slow and frustrating at first, and you’ll face a good amount of competition with most products you choose to promote. It’s important not to get in the get-rich-quick mentality, because even the funds you do receive will have a 60 day lag on them. If you’re looking for a way to make money right now, this might not be something that pans out for you.
If you can find and restore items like furniture and appliances, you can make a substantial amount of money. You can acquire the items on Craigslist, or even at garage sales or estate sales, restore them, and then list them for sale on the site. You may also be able to market certain items on eBay, particularly if they are small, unusual, but high in price.
The other option is that you create your own digital product and upload it to the platform of CB to sell. You can sell yourself and / or capture affiliates selling the product for you in exchange for a commission. Of course, this is a bit more complicated but you have complete control of your product. It should be a goal to go if you want to fully live the internet.
ClickBank apart from other programs is that vendors, the people creating the products, can set the affiliate payouts as high as 75%. This is something that you don’t usually see when it comes to promoting other people’s products. Many times affiliate commissions are in the 10, 20, or 30% range so this is something that draws many affiliates to the program.
Epic post! I’ve been hunting around various sites like Pat Flynn’s and others, but they never put everything together as you have. Now it starting to make sense for once. So, I’m a newbie and don’t even know the different between internet marketer and digital marketer or what this type of business is even called. I just want to learn this business and create a small passive income online in any niche. Because I know very little, I was actually planning to use this very same Sales Funnel in your diagram and all the tools mentioned to make my first couple of bucks online.
I haven’t sold any of my own products on ClickBank, but I have considered it. I know this can be a very profitable venture. I didn’t know that they had a reputation for mistreating affiliates. I will have to look into this before committing to them and a place to sell anything. I do agree that CB displays a good amount of apathy for the quality of products on their site, as shown with some of the examples above, but I also think that they are taking steps to move in the direction of quality. whether or not they follow through and how long it takes for them to get there is another story.
It’s an excellent opportunity to offer technical training courses that teach people how to learn a much-needed skill, or accomplish an important task. It could also prove to be an important testing ground for your educational courses. If you are able to market your course on the site, against direct competition, you may be able to direct marketing to the general public, using a website, videos, or even an affiliate marketing program.
Wealthy Affiliate has thousands of successful members that are running their sustainable online businesses and making a full time income. I had the pleasure of interviewing one of the co-owners of Wealthy Affiliate and in the interview he stated that 100% of the members that complete the training and complete all of the tasks outlined in the training, are successful in creating a profitable business! You can see the interview by clicking here.
Setting up the auto responder is extremely easy and is no different than sending out a normal email. If you’re using Aweber, all you have to do is click “Follow Up” in the Message tab. This will allow you to create a follow up message to be sent to your new subscriber at a later date. Aweber allows you to set up an unlimited number of auto responders.
Whilst it may seem daunting to create your own digital product to sell, the benefits of doing so are clear. Clickbank has a vast network of affiliates whose mission is to promote and sell Clickbank products. The more effective the pitch page, successful a product sells (and the higher the commission is), the more likely it is that a product will be selected for promotion by an affiliate.
Webinars are quite possibly one of the most potent ways you can make an exorbitant amount of money online. You'll need an audience to train and you'll need to know what you're talking about. Of course, this usually requires having a website and some semblance of an online presence. However, people can still do webinars without all of that. For example, you might have a sizable social media following and you train them every week on something to do with social media. But you will need a product to embed and sell at some point. Don't worry about it in the beginning. In my experience, the best webinar platform out there is GoToWebinar.
Gerry knows what he’s doing when it comes to Facebook ads, even though I don’t do affiliate marketing with paid ads anymore I’ve taken what I learned from Gerry and have applied to running ads for my own lead generation business or to promote our own lead gen coaching program. From my experience, those do better with paid advertising because its your own product or service so you have much bigger profit margins to be able to afford the paid traffic, with affiliate its really tough because you’re still selling someone else’s product so your margins are slimmer.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.