Thursday, September 18, 2008

How Your Website Can Generate Surprising Earnings

You only need to do two things to earn money online; drive traffic to your website and select the right affiliate program(s).

Be sure you know your audience. If they live in condominiums, don't try to sell them lawnmowers. If they are over seventy, they probably won't buy hip hop music. Find out who they are and you find out what they might buy.

The questions you ask yourself about your audience, and the answers you come up with, are the keys to your success. Pick the right products the first time and you're off to a great start, so give it your best effort. But, don't be stubborn; if the first products you choose don't sell well after a reasonable trial period, try alternatives.

By the way, be aware that not all affiliate programs pay you only for sales. Some will compensate you very well for producing sales leads.

In some cases you even earn a commission if one of your visitors answers a survey question or signs up for a free pizza or ipod.

While you want to choose programs with high commissions, you might settle for a lower commission if you are offered a percentage of the earnings of everyone you refer to the program. Some referral programs are two or three tiers deep.

And, you should look for programs which:

1. offer you good online tracking so you can see how you're doing.

2. banners and advertising copy which will generate results.

3. respond to your concerns, answer your questions, and pay you on time.

4. meets your visitors needs at a fair price.

Finally, follow the great advice I once got from a very successful businessperson. Track and analyze everything that moves.

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