Best Affiliate Programs to Make Money Online with Internet Marketing
3 Essential Ingredients to make money online
If
you want to make serious money online you many need to adjust your
internet marketing strategies to truly maximize your profit
opportunities. There is a real formula to internet marketing
profits, but today we are going to focus on the 3 most important parts.#1 - Traffic
Without a decent level of traffic and exposure to your product or affiliate program it will be difficult to make serious money online. High volume sites like Amazon can afford to offer books at razor-thin profit margins because of their enormous traffic levels. If your site or blog is receiving less than 2,000 unique visitors per day, then you will need to focus on higher margin offers and higher value goods or services to help overcome lower traffic levels in the profit formula.#2 - Offer with Wide Appeal and Relevance
Without a product or service that has the potential for wide appeal you will be narrowing your potential pool of customers significantly. Everybody wants to make money, live longer, and have whiter teeth, but not everyone wants or can afford an in-home elevator. I'm sure you'd make a big commission on selling an in-home elevator, but you might only get 1 sale per year. If your blog or site has lower traffic levels then you need to focus on offering products or services that many people want or, have a likely need to purchase.3# - Strong Earnings per Sale
It is important to earn a decent commission level for each sale or action, particularly if you are not a high traffic blog or website. Don't get caught up trying to find the highest possible earnings per sale because the overall product price may become too high for most consumers to afford. The key to internet marketing profits online is finding the right balance between traffic volumes, offer appeal, and earnings per sale.Adjustments You Can Make to Increase Your Internet Marketing Profits
Affiliate Offer Selection
What to do with low traffic situations. If your like most bloggers and website owners, low traffic levels are the biggest road block holding back your potential earnings. Consider these 4 different traffic situations:
| Daily Vistors |
Conversion
Rate |
Earnings per
Sale |
Total Monthly
Revenue |
| 2,000 |
1% |
$5.00 |
$3,000.00 |
| 1,000 |
1% | $10.00 |
$3,000.00 |
| 500 |
1% | $20.00 |
$3,000.00 |
| 250 |
1% | $40.00 |
$3,000.00 |
Context and Relevance
What to do with low conversion rates.If your finding that low coversion rates are holding back your internet marketing profits its time to focus on improving the relevance of your affilate offer and improving the context of your offer to bridge the gap between your audience and making the sale. Consider these 4 different conversion rate situations:
| Daily Vistors |
Conversion
Rate |
Earnings per
Sale |
Total Monthly
Revenue |
| 2,000 | 0.5% |
$10.00 |
$3,000.00 |
| 1,000 | 1% | $10.00 |
$3,000.00 |
| 500 |
2% | $10.00 |
$3,000.00 |
| 250 | 4% | $10.00 |
$3,000.00 |
Other factors that will improve conversion rates:
- selling goods or services with a wider audience need or appeal
- selling goods or services with a price point below $400
- building the need and desire with strong pre-sale copy
- paint a picture for your visitors how life could be different with this product
Balancing Everything to Identify the Best Affiliate Programs
For sites that don't have Amazon like levels of traffic, the industry that provides the best chance for making money online with affiliate programs is Money & Financial Services, and here are the reasons why:- Earnings per Sales are high due
to the higher lifetime customer value. When people buy
insurance, make investments, or take out a mortgage they are selecting
a financial service they will be utlizing for a many years.
Financial services have high lifetime customer values and are willing
to pay much higher commissions that typical retail goods and services.
- Wide appeal. Almost
everyone needs insurance, investment tools and credit or loans in their
lifetime. Almost every visitor to your site is a potential buyer,
so your goal should be to find a financial service and story angle to
make the offer relevant to your traffic niche.
- Relevance can be influenced. Regardless of what type of visitors you have, there is probably a financial service to offer them that is still relevant to their needs and within the context of your site. For example, if your site is about cars then offer them a good deal on car insurance. If your site is about motivation and success then weave a story about the benefits of financial freedom gained from an investment strategy they could follow.
- Everyone loves money.
Regardless
if
its about saving more of it, making it, spending it,
borrowing it, or investing it... everybody has an interest in
money.
Popular Money and Finance Affiliate Programs
We've reviewed a lot of affiliate programs as a directory provider, and here are some of the most relevent affiliate programs that have wide appeal, decent commision levels, and has product pricing that is still within an average online consumers price point so conversion rates remain high.Investment and Finance
Everyone wants or needs a better investment return. Offering services that can help them gain financial freedom faster has the widest appeal of all financial service products.
- Sector Timing Report - investing newsletter for average investors
Insurance
Everyone needs some type of insurance, whether its car, home, apartment, life or business insurance.
- NetQuote - insurance
Mortgage Loans
Everyone wants or needs a better investment return. Offering services that can help them gain financial freedom faster has wide appeal.
- Lending Tree - mortgage
loans
