I have just read a review of Commissionexperts that only rated the product 2/10. The reviewer is fully respected for his opinions. Most of his justifications for his ratings are valid, depending from what angle you are viewing and assessing this product.
Fully agree you are not going to make money with Commissionexperts within days, you will need a domain, hosting, autoresponder and the skill sets of an experienced marketer to build squeeze pages, landing pages, write emails,etc, hence the negative rating and the mention of the content being too bored, too much in depth and will set you back 20 days and $200 without making any money if you are a newbie marketer!
However, if you approach Commissionexperts for the value of being able to see and listen to such a big group of successful marketers showing their insights, thoughts and entrepreneurial ideas , then it is priceless if you can pick up a few golden nuggets to implement on developing your Internet marketing journey for the newbie or fine tuning for the skilled marketer.
Yes, there are systems that hold you by the hand to achieve financial freedom, but they all have learning curves, need investment and perseverance.
Commissionexperts as a digital product is just another essential building block in your arsenal of marketing skills on your road to wealth building. This is not the complete package, but a good insight and very well worth the small investment.
To cover the flaws as mentioned by the other reviewer, I will provide you free access to a drag and drop page builder that is simple to use to create squeeze or landing pages and is used by more than 10000 marketers when you buy Commissionexperts through any of my links on my bonus page.
On top of that I will give you access to your own free autoresponder that allows unlimited subscribers and emails.
Furthermore, I will give you access to a WP plugin that you can use to create instant content and authority in any niche.
Should you decide to go down the route of setting up a website with WordPress, I have you covered with a bonus tutorial on how to set up a WordPress site from scratch and a bonus tutorial to set up your ideal squeeze page.
Additional bonuses are included on my bonus page like traffic generation, pre-wriiten emails used by successful marketers and access to several memberships for free. All bonuses will complement the training of CommissionExperts and will surely help you on the way of making money online.
This conclude my review of Commissionexperts, but if you are keen to have a structured system to financial freedom, then accept this VIP invitation.
The internet is an elephant, so to speak. So how do you eat an elephant? One would say one piece at a time. Every internet guru has his own views about how to succeed in the internet or online, but like any other thing in life, there is no one perfect way, or one size fits all. Some say content is king. Some say begin with a list. Some say begin with 100% automation. Content, list, and automation all matter, but what about the person that is just beginning and doesn't know his left from his right? I believe a beginner should start with a product to prove his credibility and from there move on to building a list while at the same time gradually working towards automating his website to work on autopilot.
A Caveat about Starting With a Product
Having said that it's better to start with a product, I believe it's appropriate to throw in this qualification by saying that at the highest levels, you can actually sell a product you have not yet developed to your list or followers, but as a beginner, you may not be able to employ that strategy. At its most basic, it involves telling your followers that you have a product that is coming out in say 90 days or 180 days time and any one among them that buys in advance would get it at 30 or 20 percent discount. Some may decide to buy and you can then use the cash to develop the product. This strategy is for already well known "brands" like Peter Diamandis, Brendon Burchard, Tim Ferriss and Tony Robbins to mention just four.
How to Develop Your First Product
This presentation focuses on how you can develop your first product. The truth is, in internet business, you don't have to wait until you have a perfect product. Just begin and continue improving along the way. If you compare cars or any product for that matter made in the 1970s, 1980s and 1990s and 2000s, you notice that they keep getting better in terms of design, sleekness, and performance, to mention just three aspects. That should be your aim. Start, and keep improving day in and day out.
In this presentation, the focus is entirely on electronic products (eProducts), not the selling of physical products online, which is referred to as e-commerce. I'm assuming that you're already an expert operating in six dimensions as an author, trainer, speaker, coach, consultant, seminar leader and now gunning for the seventh dimension, information marketing. If you don't consider yourself an expert, don't worry too much, we'll come back to that and the scales will fall off from your eyes. Even if you're not operating in any of the dimensions yet, say you're just an employee, don't worry, this presentation will open your eyes to the possibilities ahead. The author of the book Instant Income, Janet Switzer, listed over 52 eProducts one can develop in her Maverick Program but we'll limit ourselves to just the simplest products as this is a beginner's program.
Understanding or knowing which products to develop, the demand for those products and how to position your products are beyond the scope of this presentation. Also marketing, selling and launching your product are outside the scope of this presentation. Having covered those preliminaries, let's dive in on your product development journey.
Products Suitable For E-Copies
The main products that you can easily convert to e-format are:
• Books
• Music
• Courses (seminars) - these are generally referred to as "How to Products."
• Speeches
• Research findings
The Top 7 Most Lucrative "How to Products" Areas In the Expert Industry
According to Brendon Burchard, in his book The Expert Messenger, the seven most lucrative how to product areas are:
E-Product Formats
The main formats are:
• PDF
• E-pub
• Mobi
• Audio (MP3)
• Videos (MP4)
Sites For Uploading Your E-Products
Having made or created your product, the next thing to do is to launch. You can launch your products through a combination of channels, including:
• Your website
• Third-party websites
• YouTube
• Vimeo
• Stitcher
• iTunes
• SoundCloud
• CD Baby
• To your List through an e-marketing platform, example, Mailchimp.
The Various Product Formats In Detail
Let us now take the product formats one at a time in slightly more detail.
PDF (Portable Document Format)
One of the easiest ways to join the online business as an expert is to start with training course, workshop, seminar or a book. Your book in particular can and will open doors especially if you can write a New York Times best seller. For a beginner, that might be far-fetched so let's just begin with a good book or a well thought out course. Having done your book or course (this applies too to seminars and workshops), you save in word or PowerPoint and convert it to PDF. PDF (portable document format) is a special format developed by Adobe and can be bought online or better still buy the CD and install in your laptop. Once converted to PDF, no one can amend or tinker with your product and you can upload it to your website and start selling. Sounds so simple? Yes! Technology simplifies things. Anybody with a laptop or smart-phone can buy your product and start enjoying it right away. Most new generation laptops and smart-phones have PDF reader pre-installed or you can simply download an app that enables you read the PDF document.
E-Pub
E-Pub (ePub) is short for electronic publication and is an eBook file format that the majority of devices, including iPad, android smartphones, tablets, computers, or e-readers can read. To convert your book to e-Pub requires a special software, which an average business centre can help you achieve. If you cannot get a business centre near you to convert your book to epub, you can do it online through a company by the name Allzone.
Mobi
Mobi is especially peculiar to Amazon Kindle as that is the only format that Kindle uses. Starting in 2011, some analysts projected that within five years there would be over 53million Kindles worldwide so if you want one of the Kindle users to buy your book, you have no choice but to have it in Mobi format. But there is good news. Amazon does not even require you to convert your book into Mobi before uploading to Amazon. You can upload to Amazon in Word format and Amazon KDP (Kindle Direct Publishing) will automatically convert it to Mobi for you.
MP4 and MP3
Just a few years ago we were using what was then known as CD (compact disc) before the mp3 format, which is an audio coding format for digital audio, was introduced. The mp3 (or MP3) format can store enormous amounts of sound so you don't need hundreds of CDs as before. Your finished work can be converted to mp3 very easily to be listened to using digital devices including smartphones, iPads and laptops. Don't worry about how to do this as an average sound or video editor would handle the technical aspects and help you uploaded your product to Stitcher, SoundCloud or CD Baby. Editing is not very expensive and goes for as low as $5 for a one hour episode depending on the editor and the fee keeps coming down as more and more people master the art of video editing.
Videos
Videos are what make the internet tick. Video engages more than any other medium so it's a must you learn how to do video. And the good news is that it's not as complex as you may imagine. You don't even need any technical skills. Direct-to-camera video is the one you make with an ordinary camera or camcorder. Camera comes highly recommended compared to camcorder not only because cameras are generally smaller in size and cheaper, but because they develop less heat compared to camcorders. Initially, you may have to rent the camera but with time, you may decide to acquire your own. The most popular camera type is Canon, but you can also make videos with your smart phone however there is a slight drawback as you may not be able to edit or get audio or MP3 out of a smart phone so having a camera has advantages.
The other type of video is the one you make with a software. For Windows computer, you use a software called Camtasia and for Apple computers, you use what is called screenflow. You have to pre-install camtasia (or screenflow if you're using Mac) in your computer to begin with. Let's focus on Windows computers since that is the one I use. Having installed camtasia in your computer, the other processes are pretty straight forward. You first prepare your presentation in PowerPoint. When your slides are ready, you put on the earphone and plug in the voice converter or adapter and switch on camtasia. Once camtasia is on, you start speaking and as you finish with one slide, you move to the next one until your presentation is over. Once your presentation is done, you save what you have done for editing and viola your video is ready and you can upload it to your website, YouTube or Vimeo. Editing is not very expensive and it's not something to worry about as an average business centre can handle it for you.
There is yet a third way of producing videos. This is different from camtasia video we just described above. In this case, there are actually companies that specialize in helping you make videos by providing you with prepared templates. One of them, which I use, is a company called Animoto. What you do is you sign on to Animoto and they give you the architecture to do a video complete with background music. You simply register with the company and once you log-in you just follow the straightforward instructions for preparing a video.
Animoto has free and paid versions of the service. The paid version starts at about $96 per annum. You don't need any skills to do a video. The website provides all the needed headings, such as description of video, which you fill in and upload the pictures and provide a description of your video and viola, your video is ready. In the free and lower end paid versions, the company's logo, Animoto, will appear on your video, but in the premium versions, nothing appears so no one would know you used Animoto. For the very high end versions, you can even customize by putting your name or company's name and logo on the video. For the free version, you'll be provided with a maximum of 6 place holders for just 1 minute video and no more. If you want longer videos then you have to go for the paid versions.
Conclusion
A journey of a thousand miles as the saying goes begins with one step. Internet or online expert business sounds and appears hard when you have no one to guide and show you the way. The fastest way to cut your learning curve is to get a coach and you'll be up and running in no time. In our Expert Empire Program we guide you through how to develop e-Products.
Paul Uduk is the author of five books, including Bridges to the Customer's Heart, Wealth Beyond Your Imagination and The Celebrity Speaker, all available at his website, http://www.pauluduk.com and on Amazon. He is the CEO of Vision & Talent, one of Nigeria's most respected service excellence and process excellence training consultancies, which can be reached via http://www.visionandtalent.com. In addition to training for some of the most respected brands, including Nestoil, Heineken, Inlaks, Dangote and Berger, to name a few, he coaches executives on book writing and the list of his clients read like who is who. Paul recently launched The Expert Empire Program that helps beginners stake a claim in the expert industry on Vimeo. Paul can be reached by email via paul@pauluduk.com or pauluduk@gmail.com and by phone +2348033075133.
I’ve ever seen. Here’s a summary of what’s included:
Powerful, push-button bonus page creator. This lets you instantly create
stunning bonus pages that look as good as the ones run by 7 figure marketers … with all the bells & whistles including scarcity timers INCLUDED hosting. This is a HUGE money & time saver. Every bonus page you create is hosted FOR YOU on premium servers Massive vault of 100+ premium bonuses. You’ll never run out of quality giveaways to maximize conversions on your promos 15+ DFY affiliate marketing campaigns. These ‘best of the best’ campaigns have been hand-created by the vendors. Each includes an evergreen, top-converting product; custom bonus page & bonuses; AND full sequence of promo emails Step by step, industry-leading training on how to make the highest commissions in the shortest time INCLUDED free traffic methods. Perfect for beginners AND seasoned marketers looking for even higher results Multiple powerful bonuses, including live master training with a legendary super affiliate [only available during launch week]
There’s proof of results all over the page. Personally, I’m surprised this package includes EVERYTHING for one low price. They could easily have split this into multiple programs & sold them separately …
If you’ve ever wanted to make more commissions in less time …
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This revolutionary system combines buyer psychology, PROVEN marketing methods & automation to take YOUR affiliate commissions to the next level. I wouldn’t consider running another promo without it. P.S. the bonus training with ‘Mr X’ - a legendary super affiliate, is worth WAY more than the low one-time cost of this system …
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In a practice known as the "baker's dozen" a baker throws in an extra muffin or cinnamon roll when you buy 12.
We all love to receive some kind of bonus when we buy a product. But we tend to underestimate how powerful this tool can be to increasing sales.
When my wife and I bought new windows for our living room last year, the contractor added a free window when we also purchased windows for the bedroom (which we hadn't even considered ordering).
A bonus can often both clinch the deal and increase the amount of the sale.
And yes, professional service businesses can offer bonuses and special offers, just as a product-based business can.
Here are a few examples.
Add a bonus for a larger sale
Let's say you have a 6-month coaching program with a fixed fee. If that is your only option, it's a yes or no proposition.
But what if you also offered a nine-month program for the same monthly fee but added a bonus? The bonus might be a virtual training program or access to an online forum.
This bonus might cost you very little but add substantial value to the client while also increasing your revenue.
In addition, by offering a second service package you then have a choice of 'yeses,' not a choice between yes and no. So, the chances of a prospect saying yes increases substantially.
Also, note that if you don't offer a higher-end service you will never sell that service.
Add a bonus for choosing you sooner
We're all faced with the situation where the prospective client says, "I need to think about it."
That is certainly valid, but it's also equally valid to reward a prospect for signing up for your service sooner rather than later.
I don't like any kind of high-pressure sales tactics, but have no objection to offering a little more incentive for taking action quickly.
"If you choose to work with me within one week of receiving the proposal I'll offer a complimentary one-day training session."
Whatever bonus or incentive you offer, it should be perceived as a significant value to the prospect. Just this little nudge will often get a prospect to make a decision faster than usual.
And the faster clients decide to work with you, the more income you tend to make.
When I ask people where most of their business comes from, a majority say, "word-of-mouth." But I have yet to meet anyone who has a plan to increase word-of-mouth other than offering exceptional service.
Why not reward word-of-mouth referrals by offering a bonus?
You could say something like this: "Because I build my business on word-of-mouth I offer a client bonus if you send someone my way who becomes a new client."
This bonus would vary, depending on the service you offer. It could be a free coaching session, a discount on services for a month or an additional service.
Some clients will do nothing, but others will introduce you to many new clients.
A little more value
Never underestimate the power of a special offer, a discount or bonus in return for buying more, buying sooner or giving you a referral.
And interestingly, when you offer more value in this way, you also tend to increase client loyalty and word-of-mouth. Everyone likes a good deal and will often share what a good deal they received with others.
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Affiliate marketing is a way for a merchant to partner with independent marketers and pay them commissions for promoting his/her products or services.
When you sign up for an Affiliate Program, normally they cost nothing to join, you will be allocated
a special link (That is your Affiliate Link) for that product or service. This is a link or code that will help you and the merchant track the number of clicks and purchases and of course it tells the merchant who should be paid commissions.
To set up and start an affiliate marketing business you will have to decide what will be suitable for you as a way to promote.
Is it via a website,a blog,social networks or perhaps You Tube?
My recommendation is either a website or blog. On your blog or your site you can write permanent posts and pages that contain affiliate links.
On your blog or website you will be describing,reviewing,recommending and making clear the advantages of buying the product or services that you are promoting. Whatever you write,somewhere within the text needs to be your affiliate link so that when anybody thinking of making a purchase clicks on that link and buys it is your affiliate details that are provided to the merchant thereby enabling your commission payment.
You now need to get people to read what you have written on your website or blog, you get traffic to the site, attract visitors.
A lot of people when they are first starting do not know what to say to secure an audience.
If you write content in a way that gives useful information to your readers and that describes the products in an appealing way they are more likely to want to buy them. The more specific and reliable content that you are able to produce the more interest you are creating.
Interest builds you a following and that often converts to buyers then before you know it, you're earning money for every visitor that clicks on your affiliate link and buys a product or a service that you promote.
You will be wise to build yourself an email list so that you use e-mail marketing to further connect with your audience and inform them of your new content and offers.
Building your email list is yet another subject and there are many strategies that need to be explored in detail.
Advice on this can be found all across the internet.
Get started with your Affiliate marketing business today, good luck but remember, never give up!
For in depth teaching go to http://tellmequickandtellmetrue.com there you will find an opportunity to learn from affiliate marketing experts.
Affiliate marketing is a way for a merchant to partner with independent marketers and pay them commissions for promoting his/her products or services.
When you sign up for an Affiliate Program, normally they cost nothing to join, you will be allocated
a special link (That is your Affiliate Link) for that product or service. This is a link or code that will help you and the merchant track the number of clicks and purchases and of course it tells the merchant who should be paid commissions.
To set up and start an affiliate marketing business you will have to decide what will be suitable for you as a way to promote.
Is it via a website,a blog,social networks or perhaps You Tube?
My recommendation is either a website or blog. On your blog or your site you can write permanent posts and pages that contain affiliate links.
On your blog or website you will be describing,reviewing,recommending and making clear the advantages of buying the product or services that you are promoting. Whatever you write,somewhere within the text needs to be your affiliate link so that when anybody thinking of making a purchase clicks on that link and buys it is your affiliate details that are provided to the merchant thereby enabling your commission payment.
You now need to get people to read what you have written on your website or blog, you get traffic to the site, attract visitors.
A lot of people when they are first starting do not know what to say to secure an audience.
If you write content in a way that gives useful information to your readers and that describes the products in an appealing way they are more likely to want to buy them. The more specific and reliable content that you are able to produce the more interest you are creating.
Interest builds you a following and that often converts to buyers then before you know it, you're earning money for every visitor that clicks on your affiliate link and buys a product or a service that you promote.
You will be wise to build yourself an email list so that you use e-mail marketing to further connect with your audience and inform them of your new content and offers.
Building your email list is yet another subject and there are many strategies that need to be explored in detail.
Advice on this can be found all across the internet.
Digital marketing is growing rapidly especially with affiliate marketing. Where over 95% of the people getting started do so completely unprepared. Or rather misdirected. Making money online is a calculated and time-consuming art. And the best way to get recognized as a professional is to offer outstanding content. Solutions to identified needs within your niche. Digital marketing is all about turning knowledge into a digital product. And competitive knowledge requires a lot of time researching. Do the research, find the problem and offer a solution. Even if it means weeks of research. Recognition requires sacrifice and maximum effort. There is no way to write really high quality content within a few minutes.
Unless it's copy/paste content. Which should really be avoided because Search Engines does not appreciate that. Make your content your own. From written to graphic content. And use that to create curiosity. Digital marketing at a professional level is not as "easy" as is often suggested. But fortunately there's nothing that time and research cannot remedy. But first you would want to know what to blog about right?
With digital marketing, also known as your profitable niche. The one thing you love doing most. And a hobby is often the best choice. If you truly love what you do it will be impossible to give up. The options are really vast with hundreds of different niches. From dieting to supplements and opportunities. But finding the profitable niche is where an alarmingly large percentage of newbies go wrong. Your blog needs to be targeted to specific keywords and search phrases. Best describing the content of your blog. If you love cycling then that will be your profitable niche. Perhaps reading or watching movies?
Find that one thing you would love to be able to do all day. As opposed to the usual 9 - 5 grind. But don't quit your job just yet. Because earning a few thousand dollars per month does not happen that fast. Find your passion and create inspiring content to attract both visitors and search engines.
Digital marketing and ranking basics for Search Engines.
The most important advantage of blogging with digital marketing is SEO. Because nothing on Earth drives converting web traffic like SEO. Without traffic there will be no sales even with the most impressive blog online. Simply because the visitor is already looking for "cycling gear" or "cycling advice" or even "how to start cycling". Therefore is already interested in your content. The blog targeted keyword must be the first word of both the domain name and blog title. Choose carefully and target keywords with a high search volume and low competition level. Use the Google Keyword Planner tool available in your Google Ads account. A really outstanding research tool by Google.
Another crucial tool to a successful blog is the Yoast SEO Premium plugin for WordPress. Because professional SEO is about a whole lot more than just strategic keyword placement. There's word, sentence and paragraph length. And also the presence of transition words to increase the readability score. Along with sub-headings (H2, H3, H4). H2 Heading is often also a blog post title. The blog title however is also known as the H1 Header.
Having the relevant compelling content in front of the right audience. All made possible through search engines and SEO. Because Google alone process over 63,000 searches per second. Which calculates to around 5.6 Billion searches per day. And that is precisely why blogging is so important with digital marketing. It's the perfect exposure tactic to generate sales online.
How to make money with your blog.
There are several ways to do that. Among the favourites is affiliate marketing. But more specifically affiliate product banner displays. But raw banner HTML code can reduce your blog SEO score in search engines. Where a Grade-A blog is required to score above 70%. Rather use a plugin called "WP Insert" to display banners in blog posts and pages. In fact there are hundreds of useful free plugins accessible at WordPress (dot) org. To display banners in blog side bars use an image widget. Then simply redirect the image to the cloaked affiliate link. A great affiliate link cloaking tool is another plugin called "Pretty Links Lite".
Testing and writing product reviews is a great idea for creating compelling content. Use tools like "Pixabay" for unlimited high quality royalty free images. Then turn that into professional graphic display with another great image editing tool called "Canva".
Your blog must stand out from a rather large crowd. Where the first impression is crucial. What does your visitor see when opening a link to your blog or blog post? Does the first impression target an identified need? But more importantly, does it suggest a solution? If the content is not sufficiently compelling to potential visitors. Then it may result in an alarmingly high bounce rate. And little to no sales at all.
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Your continued dedication and attention is required when pursuing affiliate marketing. You will find helpful tips on how to reach your customers once you join an affiliate program. If you use tools, such as email marketing, they will help you develop a rapport with your customers. This will also ensure that you reach a large number of potential customers, so do your research and make it count.
See how companies track outside orders (not on their site) before choosing an affiliate program. If you are generating sales to that company you will lose out on lots of commission.
When taking a chance on affiliate marketing, take the time to locate affiliates that can offer you the types of products and services that you are interested in promoting. You will gain many different income sources if you connect with a large number of affiliate networks. Research affiliates so you are comfortable with.
Be sure to use email marketing to gain advantages in your Internet marketing endeavors. Make sure you give each customer an option to be added to your email contact list every time you process an order. Signing up should be as painless as you can make it for your customers; do not pester them for anything besides their email address and their name. Tell your customers how often they would get emails from you upon signing up. You should send emails whenever you want to notify customers about product updates or new products. They are also great ways to provide answers to common questions and other pertinent information. Use automated email software that will personalize them for each recipient. Send out seasonal discounts and the occasional thank-you message for your existing customers. If you'd like to attract more subscribers, let visitors on your site know about the great deals only your email subscribers can access. Ask your customers for feedback, and give them a special offer for telling you how they feel about your services.
You should submit your affiliates all the time. Getting rid of poor performing affiliates gives you a chance to make more room for better-paying advertisers.
If you're starting out in affiliate marketing, you need to do some research and sign up with the affiliates that can provide you with the types of products and services you plan on selling. You can diversify your income sources if you connect with a wide range of affiliate networks. Research affiliates and only accept the ones you can be comfortable with them before accepting them.
You may want to market things that are considered to be the hottest products. You want to have good quality products; remember that popularity does not necessarily equate to quality. You only raise the level of competition when you decide to get involved with highly sought after items. You may not possibly profit.
Try to customize the ways in which you keep in touch with your target audience. Remember that different people respond to different things, and keep your marketing campaign diverse to address all of those differences. Some are more comfortable receiving newsletters via email while others enjoy using social media. Try to think about the demographic that you are attending. Take your competition into consideration when you are trying to keep an edge. Research their business from a consumer's perspective. You should always be on the lookout for new approaches to increase your advertising success.
Many affiliate marketers put too hard to attain a "super" affiliate status. They try to juggle too many products and end up dropping them all. Keep in mind that maximum results you can achieve. You must put in a lot of time and find a marketing approach that works for you.
You will want to find an affiliate that has a lot of different options when it comes to getting your payments.
You should try your hand at secret links. There are certain ways you can embed affiliate links into your text for affiliates without being obnoxious or blatant about it. Be transparent about them if you use links and take advantage of their use. Make sure they understand the context of the text link so you won't surprise them.
Be creative with your affiliate marketing efforts. Always try to keep base with your previous customers as you look for new leads. Follow these tips and develop your own strategies.
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Affiliate marketing is a business model in which the affiliate sells other people's products online and earns commissions based on those sales.
Most affiliate marketers use digital technology including autoresponders, website building programs, landing page software and digital marketing platforms to build their businesses. These technologies are in fact "autopilot money making software", of a sort.
Marketers usually build email lists and they start doing so by advertising to suitable customers who they find on the various advertising platforms. Facebook, YouTube, Instagram, LinkedIn and Twitter, for example all offer paid marketing platforms to affiliate marketers who use them to find their target audience.
They then direct their advertising to specific landing pages where they can collect subscriber's information in exchange for some legitimate bribe. This is usually in the form of a digital downloadable product, or some video or digital content.
From there, the subscriber receives a series of automated emails which usually offer information, value and of course promote digital or physical products to those subscribers.
All of these processes are automated of course and the affiliate marketer uses them to first test and measure their marketing to see if they can make a profit. Over time, and with considerable testing and measuring, marketers learn which strategies give them the largest profit. Once they get to this point (and if they do), they can cut back on those adverts which are underperforming, and scale up those which are working.
With a marketing strategy which has a huge audience, and providing your products are available globally, you can start increasing sales just by 'turning up' the advertising given this situation.
Digital products are particularly good for this because they don't require physically posting once someone buys them. Digital products can be accessed directly over the internet. Software products and membership products are two examples of digital products which affiliate marketers can sell online. They don't need to personally own a product because they can promote and sell any product online which has an affiliate program attached to it.
The largest affiliate 'store' online is Amazon. Most people are comfortable with purchasing from Amazon by now. So this can be a good place to start. However, Amazon products are mostly physical products which pay out much less in commissions than digital products do.
Since digital products carry much less costs in terms of postage, storage and manufacturing, they can pay affiliate marketers much larger commissions. Physical products on Amazon tend to pay between 3% and 10% commissions. Compare this with digital products which pay out 40% - 50% commissions on a sale.
So you can see why digital products are a good way to go if you want to build an autopilot money making system. So how much of such a system is actually auto-pilot and how much work is involved?
With an online business there is still a lot of work involved, besides the automation which can help your build and scale it. First, you need to generate an income in order to scale up your business. Although an online affiliate business is scalable, many affiliate fail and give up without even building an email list to 1000 subscribers.
This can be for a number of reasons. For one, affiliate marketing is an open market; so anyone can 'give it a go'. The barriers to entry are pretty low for an internet business. There's fewer costs compared to a 'bricks and mortar' type of business. All you really need is a laptop and an internet connection. You don't need premises or staff to run your business and you can sell anything anywhere globally.
But the smaller barriers to entry also means that many people try it and give up. It's certainly not an easy business to get started in. But if you are patient and have a strong enough desire, anyone can take advantage of the online business systems and strategies available online to sell other people's products.
For the people who stick at affiliate marketing long enough to see a good return, there are large rewards. Ultimately it's a business model which can provide a full time income. You can also grow this income to surpass your current income, whatever it is you're doing.
But don't have any illusions that an online business is a 'quick riches' type of business. It certainly isn't that! You still need to put the hours in and 'learn your trade' like any other business. The dream of working from home is a pretty strong pull to many people. But ultimately the discipline needed and the competition for attention online can stand in the way of online success for many.
Tim Halloran is a stuntman, martial artist and online entrepreneur. Learn how to build your own affiliate business from scratch: autopilotmoneymakingsoftware.com/
