Tag: business owner

Starting an Affiliate Marketing Campaign


The affiliate strategy

Some business owners opt to start an affiliate marketing campaign as part of their overall marketing strategy. These business owners are usually referred to as merchants, and in most cases the affiliate marketing campaign is only a small portion of their overall marketing strategy. But there many business owners choose to rely exclusively on this type of marketing. The main purpose of doing this is to save money while still achieving valuable advertising.

However, once a business becomes more successful they should consider being more proactive and combining affiliate marketing with other types of Internet marketing such as placing banner ads and orchestrating an email marketing campaign. This article will take a look at what affiliate marketing is and will provide insight into why this is popular and how it can be used effectively.

Affiliate marketing campaigns

An affiliate marketing campaign is essentially a situation where other website owners place ads for your business on their websites. These website owners are known as affiliates. It is important to understand how this type of marketing works. In general the affiliates are given code for your banner ad to place on their website and given the freedom to promote their own website as they see fit. In promoting their website they are also attracting attention to your website because of the banner ad directing visitors to your own website.

One of the most appealing elements of affiliate marketing centers on the fact that the affiliate is only compensated when s/he produces a desired result. This means the business owner is not obligated to pay an affiliate unless the affiliate is successful. Success may be defined as generating traffic to the website, resulting in a sale or even resulting in the Internet user registering on the business owner’s website or filling out a survey.

Affiliate compensation

The compensation for affiliates is generally based on cost per click, cost per lead or cost per sale. Cost per click and cost per lead are usually paid a flat fee which is awarded to the affiliate each time an Internet user either simply clicks through the banner ad on the affiliate’s website or performs a specific action after clicking through the ad. Cost per sale may result in the affiliate being awarded a flat fee or a percentage of the sale depending on the agreement between the business owner and the affiliate.

The most effective use of affiliate marketing is to actively seek out affiliates with a proven track record of promoting the businesses which they support. Most affiliate programs are open to anyone with a website and it is not necessarily damaging to allow those who are not particularly knowledgeable about marketing to run your banner ad but it is far more worthwhile to seek out affiliates who are quite adept and generating website traffic to their own website. This is important because the more visitors they receive each month the more likely your website it to receive interest from visitors who click on the affiliates banner ad.

The banner ad

Another aspect of affiliate marketing which can contribute to success or failure is the design of your banner ads. It is important to remember affiliate marketing is viewed the same way other types of marketing are viewed and care should be taken to create banner ads which will be appealing to your target audience. This means everything from the colors of your ad to the size and style of the font should be carefully considered to create an appealing advertisement.

As a token of our appreciation the free ebook titled, Storytelling Marketing can be yours if you have any interest in the art of storytelling. All you have to do is download it here, enjoy the reading and learn how storytelling can be a powerful ally in any business or marketing pursuit!

Digital & Electronic Products – Unbeatable in Quality and Price!

Web Marketing & Your Business

WM methods

In mid-year 2020 the question no longer relates to whether or not you’re marketing your business online, but rather, how you’re marketing your business online. What do I mean by, how? In order to answer this question I will make the assumption that you’re not a Web marketer, but a business owner seeking information, which suggests you may be interested in learning about some of the many ways businesses can be marketed on the Web today.

Hope I’m making the right assumption but, be that as it may, let’s take a look at a few of the specialized ways you can market your business on the Web:

  • Email & Newsletter Campaigns
  • Articles & Ebooks
  • Search Engine Optimized (SEO) Websites
  • Blogs
  • Trafic Exchanges
  • Message Boards & Forums
  • Social Media Networks
  • Hiring a Web Marketing Guru

Emails & articles

An Email Marketing Campaign[1] is a coordinated set of individual email messages that are deployed across a specific period of time with one specific purpose, such as download a white paper, sign up for a webinar, or make a purchase with a provided coupon. In some instances those emails come in the form of newsletters.

An Article Directory[2] is a website with collections of articles written about different subjects. Sometimes article directories are referred to as content farms, which are websites created to produce mass content, where some are based on churnalism. An eBook is literature made available in digital form only, and is usually offered as a free gift containing information that is of interest to website visitors or email recipients in exchange for subscription to a particular email list.

SEO and blogs

SEO or Search Engine Optimization is the process by which website and some modern-day blog owners create content that is specifically meant to attract search engine robots (algorithms) by inserting popular keywords and key-phrases throughout the articles and posts in a way that the content still makes sense to human readers.

A Blog[3] “(a truncation of “weblog”) is a discussion or informational website published on the World Wide Web consisting of discrete, often informal diary-style text entries (posts). Posts are typically displayed in reverse chronological order, so that the most recent post appears first, at the top of the web page.”

Traffic exchanges & forums

Traffic Exchanges are a group of websites (portals) created specifically for members who agree to click on each others links and visit their websites and blogs – many containing product offers – for a period of time ranging from 15 seconds to 1 minute. In return of clicks and visits members are awarded points that help to defray the cost of credits required for visits to multiple sites.

Get started now… Free!

“An Internet Forum[4], or Message Board, is an online discussion site where people can hold conversations in the form of posted messages. Forums act as centralized locations for topical discussion. The Forum format is derived from BBS and Usenet. The most notable and significant Internet forums communities have converged around topics ranging from medicine to technology, and vocations and hobbies.”

Social media & WM gurus

Perhaps the most popular Social Media Network on the Web is Facebook based on membership numbers alone, but there are other Web destinations that serve the same purpose of interaction and sharing of ideas, opinions and other such information, the proverbial public square. Sites like Flickr, tumblr, Linked-In, Reddit, Pinterest, MySpace and Delicious, just to name a few, serve a particular social media demographic.

Hiring a Web Marketing Guru (Web Services Consultant) may be the easiest way for the business who only casually utilize the Web to get his/her business marketed on the Web, even though this method tends to be more expensive in the short term.

Value and benefits

Of course, If you are not already marketing your business online it is probably about time to start, especially in view of the current environment (Covid-19 Pandemic) in which we’re all forced to the Web anyway. Although there are a few exceptions, just about every business can benefit from online marketing. There are just so many advantages to this type of marketing.

First and foremost is the economic value. It is extremely affordable to market your business online, but other advantages to to doing so may reach the same level in value beginning with the ability to reach a large target audience, as well as the ability to reach potential customers globally and the option to customize marketing campaigns for different sectors of the target audience.

The cost of creating and maintaining the website is insignificant in comparison to the number of potential clients you could reach through that site’s content. Additionally, the costs associated with posting links to your website are incidental. You could consider the cost of having access to the Web as part of the cost but you most likely require Web access for other reasons as well so it is a completely worthwhile venture.

Reaching a large target audience is arguable the primary reason for marketing your business online. You may have to spent a great deal of time and energy doing market research and determine who your target audience is; but you may also have to spend time trying to figure out the best way to reach that audience. despited the time spent this is a very sound marketing principle, as oppose to advertising on local television, radio and print media where you audience may be very limited by comparison.

keeping in mind that the Web is available 24 hours a day the potential for your products/services to be available any hour of day or night that is convenient to those who need them is definitely to your benefit as a business owner. Shopping for products and services in person can at times be very difficult, especially for individuals who work long hours or those who work unusual hours; and in a pandemic the difficulty is increased ten-fold. These individuals would not have the same problems obtaining their household needs from a business on the Web.

If you are a business owner who is reading this article and you do not already have a strong online presence, you need to immediately start learning more about the world of Web marketing. This is so important because if your competitors are marketing online, you may find they are gaining a steady advantage and are becoming more appealing to potential customers. Before too many of your potential customers become loyal customers of the competition you need to start figuring out how you can market your business online and keep pace with the competition.

 
 

References:

  • “Email Campaign.” Campaign Monitor. https://www.campaignmonitor.com/resources/glossary/email-campaign/. Accessed 19 Jun. 2020.
  • “Article Directory.” https://en.wikipedia.org/wiki/Article_directory. Accessed 19 Jun. 2020.
  • “Blogs.” Wikipedia. https://en.wikipedia.org/wiki/Blog
  • “Message Boards & Forums.” https://en.wikipedia.org/wiki/List_of_Internet_forums. Accessed 19 Jun. 2020.

 
[contact-form][contact-field label=”Name” type=”name” required=”true” /][contact-field label=”Email” type=”email” required=”true” /][contact-field label=”Website” type=”url” /][contact-field label=”Message” type=”textarea” /][/contact-form]