| Make Money Blogging - Part 3 |
Alvin Phang
Dec 24th, 2007
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Making money with your blog is largely a matter of selecting the right offers to put in front of your readers. This is both an art and a science. Unfortunately, many new bloggers become confused about how to choose offers that their readers will act upon. This article will provide you with some tips that you can use immediately to begin selecting the right products and services to promote on your blog.
Making Money Through Affiliate Products
The easiest way to make a significant amount of money from your blog is through affiliate programs. These programs allow you to sell other merchants’ products and services while keeping a percentage of the sale in the form of a commission. Many bloggers make several thousands of dollars each month promoting affiliate products.
Finding Affiliate Products That Are Relevant To Your Blog
The key to making money on your blog by promoting affiliate products is to choose products that are relevant to your blog posts. If you promote products that are irrelevant to what you post, you will find it nearly impossible to persuade your readers to act on the offer.
For example, assume your blog is about marriage and relationships. If you post about the importance of communication in a marriage, yet promote an information product about infidelity, you will likely see few sales of that product. On the other hand, if you post about infidelity and promote an e-book about how to catch your spouse cheating on you, sales will surge.
Finding Affiliate Products That Convert Well
Another critical factor to making money with affiliate products is finding the offers that convert well. As a blogger who promotes affiliate products, you should be primarily concerned with the conversion rate of a product. If an affiliate product is good, yet the sales process has a poor conversion rate, that product has little value to you.
For example, using our marriage and relationship blog, assume that you post about infidelity. You notice that there are a few affiliate products about infidelity that you can promote. If the first product boasts a conversion rate of 1% (i.e. 1 sale should result from 100 people visiting the sales page) and the second products boasts a conversion rate of 3%, you should promote the second affiliate product.
Remember, each visitor you send to the sales page of either of these products is valuable to you. After all, you are sending them away from your blog, so you must be compensated. Therefore, to make the most money, you must promote the products that convert or sell the best.
Affiliate products have unleashed an enormous opportunity for bloggers. Because you will be posting about various subjects within your blog’s theme, you will likely have a wide variety of products and services to promote. There are 2 keys to making money on your blog with affiliate products. First, promote products that are related to what you’re posting about. Second, promote products that are proven to convert prospects into customers effectively. If you follow these 2 keys, you should be making money soon with your blog. The next and final part of this series will show you how to get targeted traffic to your blog.
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hey nice and informative post!
Yes, Now a days the internet marketers are making a lot of money through affiliate marketing and it is one of the best methods which help the internet users in making money online.
Yo.. hi guys.. am in Beijing’s one of the Internet Cafe.. checking my email.. lots of them to check.. =P thanks for your kind comments
Thanks Alvin your the best
Wow very informative. Got to digest it a bit.
By the way how do we know the conversion rate of that product?
How to calculate it? Can we?
You can find by using Tracking tools… I am using AdtrackzGold to track my conversions =)
Here is a very good guide about the scams and fake schemes to make money on the internet, a great resource. please visit.
http://lenxworld.blogspot.com/2008/01/get-rich-quick-scheme-frauds.html