My Membership Empire - Getting Targeted Traffic Using Affiliate Program
Traffic Generation March 10th, 2010One best way to get rich on the internet is by running a membership site. Think about it this way. For offline business, a magazine company will charge monthly to their subscribers. You can do the same on the internet. You can give away information, articles, tips eBooks and videos every month in return for monthly payment.
Just like other online business model, a membership site cannot survive without traffic. Therefore, you need to know a few legitimate ways to get traffic to your own website. This article will give you one powerful way to generate traffic. For details, you need to refer to My Membership Empire course.
The best method would probably to drive traffic from others’ websites or mailing list with affiliate program. This rule is true especially when you are selling your own product online. Think about an affiliate as marketing agent on the internet. They will refer you to new customers for commission.
Generally, if you can have more affiliates to promote your product, the more profit you will make. The faster your business would grow. That’s why, you must be smart and have more affiliates to promote your product.
One way is by joining free forums like Warrior Forum. Remember to follow forum rules and post your joint venture proposal in related section.
Another way to attract affiliates is by running a contest. Offer prizes like holiday trip, or money for top joint venture partner who refers the most members.
The commission you are going to pay is another factor that you need to consider. You need to consider paying higher commission to affiliates for a competitive niche.
You need to remember that it is worth to pay generous commission. Especially when you are going to sell membership site, where the customers they referred to you will be yours forever. So, even if you made just $10 or even $5 from each customer, you can make up to $60 per year from each customer.
This is an example. Your product is sold at $50. Then, you need to invest around $10 for product creation, hosting, domain name and certain program. If the traffic comes from other source, let say viral marketing, you will earn around $40 from each sale. So, the appropriate payout for affiliate would be $30 commission for each sale. You on the other hand, would make $10 monthly profit from that one customer.
Running an affiliate program also means you need to track their sales and send them checks every month. You can setup an independent affiliate program by using certain tracking software. However, if you want to skip all the tracking and payment part, just leave it to Clickbank or Paydotcom. They will handle the payment, split the commission between you and your affiliates and send checks each month.
Do you want to run a successful membership site? You need guidance inside My Membership Empire course.
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