The number one way to make money with affiliate programs is to become a product owner. Once you become a product owner you give yourself an expert status and the ability to build an army of affiliates which is the most profitable model.
The most mentioned network for affiliates and vendors is ClickBank. The statistics inside of ClickBank will show that most of the products that are receiving the most gravity and traffic have a high referral rate of affiliates.
The bulk of the products that are being promoted inside of ClickBank have on average at least 80% of the traffic going to the product owners website coming from affiliates. That is incredibly important in proving my point that a vendor is the number one way to make money with affiliate programs.
Having an expert status brings more respect and ultimately more respect means more trust which leads to more conversions. A lot of the people who drive traffic to affiliate programs are affiliates which have a lack of experts status unless they have proof of success or high knowledge level.
If you were a product owner, it would be the greatest and easiest sale that you made if you never have to do any work to get the sale. This is what's going on for vendors. This is the number one way to make money with affiliate programs.
The situation is similar to a general running an army. One man in the Army can only do so much. The general however can use the strength of the full army to bring tremendous results. One man in the Army that brings tremendous results his self is considered a super affiliate.
So now ask yourself the question do I want to be a general or a knight? There is nothing wrong with being a knight because it does give you a little bit of flexibility. You have the ability to work for as many generals as you want.
However you can do the same thing as a general and have multiple armies working for you. That business model has been proven to be more successful than just sticking as an affiliate. What makes this formula even more potent is when you are a super affiliate and general of multiple armies.
If I have not made my point clear, the number one way to make money with affiliate programs is to become a vendor. To become a product owner is not actually that difficult as far as the process of inserting the product into ClickBank.
People perceive the creation of a product to be difficult and impossible task. That is far from the case, the real product creation and insertion of the product is the easy part. The hardest part of creating a product is having to prove that you can solve a large number of people's problems.
The cost involved with creating a product are misrepresented and can actually be extremely low. For most product owners they take the extra effort and put money into outsourcing graphics creations and making a detailed affiliate program. Copy writing can also be expensive. My advice is to get involved as an affiliate and a vendor.
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Saturday, April 7, 2012
The Number One Way to Make Money With Affiliate Programs
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