As an Internet marketer, you probably already know that promoting other people’s products is the fastest, easiest and most effective way to make money online. But what type of products you can promote with your affiliate marketing business?
The answer is … anything.
A Global Marketplace
You can promote literally anything and there are both people out there who will buy it and other people who are selling it who are more than happy to pay you to lead paying customers to them – both physical and digital products.
Have you ever heard of a website called Amazon.com? Of course you have! It’s the world’s largest online retailer. Amazon offers every imaginable product for sale, from sailboats to books, from DVDs to vacation homes. If you can think it, Amazon sells it.
But did you know that Amazon will pay you to promote their products? It’s true!
Promoting Amazon’s Products
Amazon has an affiliate program called Amazon Associates. All you do is sign up — for free — select which products from their vast catalogue of products that you want to promote and then start selling.
You can promote the products you have selected just about anywhere … from your blog to your Facebook page to your web page. You can send out emails to people on your subscription list telling them about the products you are promoting.
You can promote products on Twitter. You can use your Instagram account. All you need is the ability to give your buyers a link that they can follow back to Amazon and buy the products you are promoting and you get paid.
When you sign up with Amazon Associates, you can select any of the millions of products offered by Amazon.
Then, when you make your selections, you are given a personalized URL. This is the link to the Amazon product that you are promoting. You can insert that link into your web page, social media posts, emails, blogs or anywhere you like.
Whenever somebody clicks on the URL, they are led directly to the Amazon page where they can purchase that product. When they buy the product, an identification code embedded in the URL tells Amazon who should receive the commission.
Money in the Bank
Amazon also maintains its own payment system, so you don’t need to have PayPal or another payment program to participate. Commissions can be held in the Amazon account, used to purchase products on the site, or can be sent directly to you via your bank account, a check or a prepaid debit card. There are more than 900,000 members in the Amazon Affiliate program.
How much commission do you get paid? It depends on the product you sell but it begins at 4 percent.
It also depends on how many products you sell for Amazon. Generally, the more units you sell, the higher your commission, with the highest commission they pay right now being 8.5 percent.
Another Money-Making Option
ClickBank is a website that specializes in digital products such as eBooks, videos, audio recordings … anything that can be downloaded through your computer. Unlike Amazon, Clickbank doesn’t sell any physical products, which actually makes it really efficient because they don’t have to worry about delivery systems, securing inventory and all that stuff.
Okay, the best thing about Clickbank is that they pay up to 75% commission on affiliate sales that you make. The commission varies from product to product, but essentially it stays within the 70% to 75% range for the digital products that you promote through Clickbank.
Think about that for a minute. Let’s say you are promoting an eBook on your web page related to health and fitness. The book costs 10 dollars. Somebody goes to your page, reads about the book, clicks on the link and buys it. BANG! You just made $7.50.
Now, let’s say you did a good job or promoting this product on your web page and you also did a good job or getting people to visit your web page. If that’s the case, then it wouldn’t at all unusual for 100 people to buy the eBook through the link on you page.
Congratulations! You just made $750. If a thousand people buy it, you make $7,500. And so on and so on.
Monitoring the social media marketing landscape is vital to your success.