Genuine Online Opportunities

Affiliate Marketing is such a great business venture which can make you thousands and thousands of dollars every month without the hassles of a traditional business. You don’t need to worry about managing inventories, processing payments, shipping, customer support etc. AND even then many affiliates FAIL to reach a mere $250 per month target and there are many who haven’t yet received their first check.

So why are most affiliates failing to make a decent earnings from affiliate marketing?

The five reasons why affiliates fail to earn decent commissions are:

1. Not Having a Proper Business Model
2. Not Having Proper Strategies
3. Not Having Proper Tools
4. Not Having Professionalism in doing business
5. Not Having Enough Traffic

In series of five Posts, I will give you the information to overcome the above reasons and succeed in Affiliate Marketing, starting with Affiliate Business Models below.

Affiliate Marketing Business Models:

Affiliate marketing industry is one of the fastest growing industries. The reason being, it’s easy to start. And since it’s easy to start, many people take it easily. And thus they fail easily. If you are serious about your affiliate marketing business, then you need to have one or many of the below listed business models. These Business models have proved to be successful and are making money for many affiliates:

Below are the proven business models for successfully making money in Affiliate Marketing:

1. Product Comparison Site:
Product comparison site is a proven business model. Consumers are searching for products and they want to compare them. They want the information about similar products before they make their buying decision. And if you can provide this comparison, you make lots of commission.

2. Shopping Comparison Site:
It’s slightly different then product comparison site. People who want to buy a product are looking for shops that are offering the best price. So with the shopping feeds provided by major networks, you can set up your comparison site and give your visitors, prices of a product from different shops. This is again one of the most successful business models and could make lots of money.

3. Product Review Site:
This is one of the easiest business models to do affiliate marketing. And since easy, thousands and thousands of review sites has emerged in almost all niches. For a review site to be successful, you need to build trust with your visitors. I always recommend my visitors to leave their own review. I follow up them with their buying experience and I put their reviews on my site. Honesty is the best policy on a product review site. And the more honest you are with your review, the more it shows in it. And this build a trusting relationship with your visitors, that will bring you many more commission checks in the future.

4. Coupon or Promo codes Model:
A coupon sites collects and build a database of all the available coupons from advertisers. These coupons are logically stored in database. Visitors can search for coupons for a product or for a particular shop. As the person searching for a coupon is in a ready-to-buy mindset, the conversions are very high. You need to be up to date with your site by adding new coupons, removing expired coupon etc. This business model is also very rewarding.

5. Paid Search (PPC):
PPC (Pay per click) as the name says, you pay for your ads only when some body clicks on them. On major PPC networks like Google Adwords and Yahoo Overture, you bid for the keyword. And if your bid is higher, your ads are displayed on top and are displayed more often. There are also various techniques to optimize your ads for them to get better ranking. If a click converts to a sale or lead, you earn commission, and hopefully profits from the difference in keyword cost versus earned commission. This is also known as ‘arbitrage’.

All the above business models above have proven to be successful. You can use one or more of the above business models. I recommend mastering one business model at a time and moving to another.

I will give you the best strategies that are proven to be successful in my next post!