Everyone Wants More Cash
One of my favorite things about internet marketing is that no matter who you are and what you’re selling, you can always promote other people’s products as an affiliate.
There are many Internet Marketing gurus who are running multi-million dollar businesses and yet they never miss a chance to promote other people’s products to their lists.
Few month back I have purchased the LaunchTree course and two weeks later signed up as an affiliate. Here’s just a couple of names I saw on the affiliate contest scoreboard the second I logged in: Eben Pegan, Frank Kern, and Russell Brunson.
Those guys are already running multi-million dollar businesses and still they didn’t miss an opportunity to promote a $77 product.
What Makes Best Affiliate Programs?
Most affiliate marketers when in need of a new affiliate program to promote – turn to Clickbank for help. Personally though, I don’t like Clickbank very much. I can’t explain why – I have my own reasons. But nevertheless, I try to avoid doing business with them unless necessary.
Most affiliate marketers make the mistake of promoting ebooks. The mistake here is not the product, but the payment plan. Ebooks are rarely sold with a continuity program attached to them which means that the affiliate is only going to be paid once.
Best affiliate programs are the once that pay on monthly basis, the ones that you do not have to sell over and over again. Residual affiliate programs – those are the best ones in my book.
Additional Guidelines
Here’s a list of specific guidelines to follow when choosing an affiliate program:
- Residual Income or Continuity. Best affiliate programs are the ones that pay on monthly basis.
- Reliability. In order for the promotion to be as genuine and as effective as possible it is best to promote only the products you have personally tested/used. I try to avoid promoting products that can hurt my subscribers in one way or another.
- Need, Want or Desire. Make sure that the product you are promoting fills a significant need, want or desire that your subscribers have. For example if you have weight loss targeted list than promoting car insurance to that list is a stupid thing to do, don’t you agree?
Free Affiliate Promotions
Here’s a tricky one: should you promote an affiliate program that doesn’t pay? Yeah, You should. But only if it pays later or pays in a different kind of currency – value.
Sometimes, it is appropriate to promote affiliate programs that don’t pay right away. There are plenty of free programs with an option for an upgrade and various subscription levels.
Often, those are very profitable to promote for several reasons:
- You acquire a higher expert status by recommending a free product.
- When they upgrade – you get paid, and most of the time – it’s residual.
- It’s one of the greatest ways to build a rock solid business relationship. Giving without asking anything back will result in receiving more than you ever wished for.
My Favorite Affiliate Programs
Here’s a short list of my all time favorite affiliate programs:
- GetResponse. Kickass autoresponder with a kickass residual affiliate program
- Mastermind Marketing System. Lead generation tool as well as top notch residual affiliate program. Pays $17 first tier and $3 second tier sales.
- Article Submit Auto. Ezine article submission tool. Residual payout of $18 per sale.
- Tweetlater. One of my favorite FREE Twitter tools as well as $12 residual commission per upgrade.
- Conquer Your Niche. Internet Marketing forum where posting pays.
If you have other cool affiliate programs you can recommend, don’t hesitate to leave a comment.
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It surly great to know that you promoting a real deal, and promoting successfully as well. If someone planing to market some digital product I would recommend to start from ClickBank network and may be to check a product called Clickbank Cash that has Video step by step instructions.
Check Clickbank Cash Course´s last blog ..CPA Arbitrage Ebook by Chris Cobb
hi there. found great post here. thanks for sharing . i\’ll be looking to your next post
Great article here, Igor.
On the first point – “What makes best affiliate programs?” – I would also mention discounts. Vendors can offer discounts to affiliates, helping their promotion efforts. Another way is letting the affiliates generate discounts from their own commission. Here’s more on this – http://blog.avangate.com/discount-coupons-affiliates/.
And speaking of residual income, I think that one of the best niches for this is software – there are many products that work on a subscription basis, like security software, games etc.
I agree with you. People have their own free will to buy or not buy something. I certanitly don’t have the power to force them into anything.
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Really like your blog. I am very happy I found you. I am a new blogger and have several sites with some visits but no conversion. I like my topics though and like what I am doing… so your mindset appeals to me. I hope to grow my business like you. Thank you for what you do.
Miriam,
welcome to the family and I am glad you found
this blog. I am going to keep providing the best
content I can and I’ll try to relate more to conversions.
Igor
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