3 Affiliate Marketing Tools

The term affiliate marketing is used to describe an advertising agreement between a website owner and a merchant. If you have researched Internet home business opportunities, you know that affiliate marketing is one of the most simple and profitable opportunities on the web. Most affiliate marketing programs cost nothing to join, which means that there is no financial risk involved for you.

For the most part, getting started is easy. There is no previous sales experience required, and as mentioned above, there is no charge to join most of these programs. Most programs provide all of the marketing materials you will ever need, including site graphics and links. You also don’t have to worry about many of the other things that come with an online retail business, such as inventory, order processing, and shipping.

However, these programs, like any work at home business, requires an organized plan of action if you want to succeed. To assist you in developing a plan, Web Business Tools has created a list of affiliate marketing tools that are essential for every work at home business.

Tool Number One
Your Own Website

When it comes to affiliate marketing, your website is not only your most important tool; it is the key to your success. In addition to being user-friendly, your site should also be credible and professional looking. If you are interested in using one of these programs as an Internet home business opportunity, you will want to begin by building a website that will serve your needs. To come up with ideas, search the web and see what others are doing. Assess these other sites to determine what you like and what you don’t like. Make notes as you go and use them to develop an original and unique website that can stand out among the competition.

If you are unable to build your own website, there are many different professional web development companies who can. They may also be able to help you develop optimized content that will be relevant to your Internet home business opportunity. If you are not interested in hiring someone, there are also software programs that can be purchased which will teach you all about website building and website development.

Tool Number Two
Incentives

To be successful in affiliate marketing, you must encourage people to click on links for the products and services that you are promoting. To help build a clientele, create an opt-in email list, newsletter, or e-zine. If you really want to increase the profits of your work at home business, offer incentives, such as free software, services, etc., that will encourage people to subscribe to your publications. As with any Internet home business opportunity, promotion is the difference between success and failure.

Tool Number 3
Links

Affiliate marketing success depends heavily upon the traffic that comes through your website. Your search engine ranking typically determines your traffic level, but another factor is link popularity.

To gain link popularity, you can submit your site’s link to other websites, free newsletters, etc. The more times you submit, the more chances you have to become a popular destination, which in turn, provides you with more chances to make your Internet home business opportunity a success.

Having your own work at home business can be a satisfying experience. If you want to make the dream come true, give affiliate marketing a try. By taking time to learn more about affiliate marketing programs, affiliate marketing tools, and other Internet home business opportunities, you can develop a successful work at home business.

2 Tier Affiliate Programs Explained

ow will refering new affiliates to an affiliate program make me money in the future? Thats where a 2 tier affiliate program works like magic!

Affiliates are getting cleverer by the day. So these days, affiliates know the difference between the different types of traffic they can get paid for. There are a lot of definitions though – CPM, CPC, CPA, CPL, CPD and many more.

CPM is impressions, when the publisher (the website owner) gets paid every time a banner is shown.

CPC is clicks, where the publisher (or email marketer and other marketers) gets paid every time a banner or text link is clicked upon.

The other ways of getting paid are grouped together under the term performance marketing – and this is where the term affiliate is most commonly used as well.

An affiliate is a marketer who sends visitors to another site using a variety of methods (such as placing banners or text links on their own site, buying sponsored listings on search engines, email marketing and many other different methods) and gets paid when an action happens. This action can be a lead (CPL stands for Cost per Lead), a Sale (CPS stands for Cost per Sale), a download (CPD stands for Cost per download) and many other variations.

Some in the Internet industry refer to performance based marketing as CPA (cost per acquisition), although the term is also sometimes used for specific types of campaigns such as leads or sales.

Now that we’ve got over the hard part, the rest is easy to understand.

The affiliate gets paid for sending visitors to a specific landing page where an action happens – either a lead, a sale, a download or some other sort of action that the advertiser requires. As an example, some advertisers are looking to build up their databases, so they pay for each opt in email address they receive, others want leads from specific locations, so they pay for zip codes, and then try convince the visitors after they fill in their zip code, to fill in a more detailed lead form.

The common denominator is that the affiliate gets paid when an action happens.

A 2 Tier affiliate program is simply finding new marketers to sign up under you to do EXACTLY what you are doing – sending visitors to different offers and getting paid when the visitors perform some sort of action. So why would you want other marketers to sign up under you to promote the same offers? Simple – you get paid a percentage of the amount the affiliate you refer gets paid? Sounds complicated?

Don’t worry, it’s not hard to understand. As an example, say John promotes 5 different offers on a single affiliate network. He gets paid for every lead, sale, email and zip code he generates from these different offers. John now tells Mark about the Network and gets Mark to sign up using a banner or text link that has John’s referral code built into it. Mark now signs up to the Affiliate Network under John and starts promoting various offers and advertisers from the Affiliate Network. These offers DON’T have to be the same offers that John is promoting. Mark can promote ANY of the offers on the Affiliate Network.

And this is the best part…

For any amounts that Mark gets paid, John receives a percentage of the amount over and above what Mark gets paid. So if Mark gets paid $1000 in Month 1, and the 2 Tier Affiliate program is paying 5%, then John would receive $50 just for referring Mark.

But it gets even better…

Some 2 Tier Affiliate Networks pay LIFETIME commissions. So John wouldn’t get a referral commission just for a month or a year – he receives it FOR ALL TIME.

If Mark becomes a super affiliate and starts generating HUGE commissions every month, John can just sit back and collect the checks as he referred him.

There are 3 important things to know when finding affiliates to sign up under you on 2 Tier Affiliate Programs:

Is the affiliate program or affiliate network credible, has proper tracking so your referrals are correctly tracked, has good campaigns and offers for the affiliates to promote so they actually do make money, and do they pay timeously? Assuming that the affiliate program or network is good, what percentage do they pay you on amounts that your referrals get paid? All programs vary so compare different programs to see what the industry standard is.

How long do you continue receiving referral commissions for? Some pay for a month, some for the lifetime, and of course there are many variations in between.

So do your homework and find a 2 Tier program that can make you money long in the future for the work you’re doing today.