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Mining For Gold With The Best Affiliate Programs And Hitting Pay Dirt
Colin McDougall tinkered around with affiliate programs earning a few dollars, nothing much to write home about, even had his own e-commerce site, known as the man's mall. In theory that site was supposed to offer all sorts of gadgets for guys. Colin created the site with the concept "build it they will come" but in reality no one did. Like so many dot.com ventures, it was a huge disappointment, lots of hard work and no pay off. Colin says, "The man's mall failed because I started the venture blindly, I didn't have a clue how the search engines worked or how to make money with affiliate programs. Without an action plan and a map on how to get the gold it was all pointless. But not anymore, I hit the internet gold mine, a virtual moneymaking machine." Read on to learn the facts about affiliate marketing and how Colin went from failing on the Internet to making serious money with affiliate marketing. Affiliate marketing is paying off for retailers 2003 online sales are bucking the retail trend. With traditional retail sales down, retailers are forced to do more with less. They've shifted budgets away from expensive portal deals to performance-based affiliate marketing and search engine marketing and it's paying off. (Source: Forrester Research) It's no surprise that traditional advertisers such as American Express, National Geographic, Toshiba and even Disney are flocking to the emerging affiliate marketing model. Advertisers have a very low risk with affiliate marketing; they simply pay a commission for actual sales. No sales, no commission. Affiliates love it too Affiliates who understand the affiliate marketing business are earning huge incomes, even those who are doing it as a hobby, in many cases, are earning a few hundred to a few thousand extra dollars each month. Jeff Pullen, President of Commission Junction, a third party provider of infrastructure and tracking told the crowd at a recent conference held in Santa Barbara that, "Commissions are up 80% over the previous year". According to the Affiliate Summit, held in early November 2003 in New York City, affiliate marketing is already a $14 billion industry. (Source: Marketing Sherpa) Online shopping is booming - the future is bright Affiliate marketing works because the pay for performance model makes sense. Plus, people are flocking to the Internet in droves to shop online. According to Forrester Research, a Massachusetts-based research firm, nationally online sales are expected to total $96 billion this year and climb to $229 billion by 2008. Affiliate marketing in a nutshell An affiliate program is a business relationship where one website owner (a "merchant") agrees to pay another website owner (an "affiliate") a commission simply for referring customers. Merchants typically manage their affiliate program by joining a commission network such as Commission Junction or LinkShare who provide third-party tracking and infrastructure or by purchasing and installing specialized tracking software on their own server. See Commission Junction and LinkShare.com for a list of merchants who are looking for affiliates to promote their products and services. How Colin got involved with affiliate marketing Colin says: "I found the treasure map; the Affiliate Marketers Handbook written by James Martell," an entrepreneur and successful affiliate marketer. The first time Colin read the Affiliate Marketers Handbook he mentions, that it was like looking at the horizon through binoculars; he could see where he was headed. The second time reading the book Colin, it was like looking at a road map and seeing how to reach the riches on the horizon. Colin says, "With the book, you learn how to get organized, plan the site, run the business, and focus on the riches along the horizon." Colin learned firsthand, with the man's mall, that without understanding the search engines, your business is dead in the water. The "build it they will come" mind set, just doesn't cut it. As Colin says: "The book's system for using keywords really makes sense, after my prior experience it's like this light bulb went off?so that's how I'm going to attract visitors and making money. In my old business, I was set up to fail, with the handbook I'm set up to win." Got Dot: How did you go from failing at the Internet to make money? Colin explains, "By reading James' handbook. His book is real, it's not the stuff of Internet legends, but it's an honest, to goodness road map. James really shares what works. I've followed his 8-step system? and now have a bigger house, a bigger car and financial independence. At first, I was amazed at how much the book gives away, but that's James. He really wants everybody to succeed, he's got things all laid out in his book. If you follow it the money's there, it's up to the reader to go for the gold." Got Dot: What was it like getting started? Colin says, "In the beginning I was skeptical, making money with affiliate marketing, just seemed unreal. After attending James' original class in Vancouver, at the prodding of a friend Chuck Anderson, and actually meeting with other people, earning lots of money with affiliate marketing, the whole process really resonated. I knew I could do it, if they could." Got Dot: Why was that so hard to grasp? Colin: "As a system tech I was working 50% harder for a measly 5% raise, all of $250/month. It was awful. In the class all these people were making a lot more money than me, working just a few hours a day. What a wake up call. I felt like a dummy slaving away at 60 hours a week, with practically nothing to show for it." Colin adds, "The hard part for me was getting over my past, removing the skepticism, and just running. My disbelief held me back four months. So I started off small spending one hour a day doing affiliate marketing. The beginning search engine traffic and commission checks?just blew me away, talk about a real eye-opener. Nothing like numbers to get a techie excited." Got Dot: What's the money like? Colin: "When I first started I earned $400 a month, nearly double my raise as a system tech. By the end of the year I hoped to make $5k a month (my system tech salary). I hit that mark in six months. Within 9 months I earned $120K. The day job is now history. The money's astounding, it just keeps growing." Got Dot: What is your product niche? Colin says, "In the beginning, I went after the big paycheck, like credit cards. My newer sites feature things I want to learn more about or hobbies." Colin follows the same methods for web site construction developed by James Martell. These principals are incorporated into Colin's successful sites featuring: mortgage loans, furniture slip covers and credit card applications. Got Dot: What is a typical day like? Colin says, "Its ideal. How many fathers can say they have time to play Barbie's with their daughter? Everyday I work for two hours and spend an afternoon in the park with the family, then another hour or two of work and its dinner time, what a day!" Got Dot: What tips do have for someone starting out? Colin says: "Buy the Affiliate Marketers Handbook, follow it step-by-step. Don't jump ahead. Devote one hour a day to affiliate marketing, when you get home from work. Make the sacrifice. The short term pain is worth the long term gain. Don't settle for fool's gold, searching through the "best affiliate programs", find the real gold, James Martell's 8-step system?, it's within your grasp. Go for the gold." Colin McDougall followed a simple 8-step-system? for affiliate marketing created by James Martell, entrepreneur, successful affiliate marketer, and developer of over 70 specialty shopping sites with topics that range from motorized scooters to treadmill comparisons; and also educates people who want to start a homebased business using affiliate programs and the Internet! About The Author Colin McDougall is the editor of the credit review site, Only the best credit cards online. You can visit this site at http://www.only-the-best-credit-cards-online.com/, mcdoog2112@shaw.ca
Latest News:Site: Yahoo! News Search Results for news Myanmar's Suu Kyi to get family letters, news mags (Reuters via Yahoo! News) Detained Myanmar opposition leader Aung San Suu Kyi has managed to wring small concessions from the ruling generals in the form of letters from her family and some international news magazines, her lawyer said on Friday. JCDecaux in talks for News Outdoor Group in Russia (AP via Yahoo! News) French outdoor advertising firm JCDecaux SA said Thursday it is negotiating to buy Russian rival News Outdoor Group from global media company News Corp. News Corp tightens grip on Premiere with new CEO (Reuters via Yahoo! News) Rupert Murdoch tightened his grip on German pay-TV broadcaster Premiere by appointing News Corp executive Mark Williams as CEO in a move to get the company back on track. SEC Looks Into UAL Stock Scare; Implications For Online News? (CBS News) A ton of digits have been devoted to this in other spots but the SEC's decision to investigate takes it to another level. The backstory: a six-year-old news story about UAL declaring bankruptcy made it into the Tribune-owned Sun-Sentinel 's current news flow, was picked up by a Google (NSDQ: GOOG) News bot and, via a reporter for a newsletter, made it onto Bloomberg News. After a lot of buck ... JCDecaux and News Corp. in talks to combine outdoor ad groups (International Herald Tribune) The News Corp. chief executive, Rupert Murdoch, has recently expressed nervousness about investments in Russia, where News Outdoor generated the bulk of its revenue last year. Asia Markets: Financials in rally mode, as Lehman news helps (Market Watch) Asian markets advanced early Friday, with financials such as Mizuho Financial Group and Macquarie Group rallying after a rebound on Wall Street and on news Lehman Brothers was looking for a buyer. SEC Looks Into UAL Stock Scare; Implications For Online News? (paidContent.org via Yahoo! Finance) A ton of digits have been devoted to this in other spots but the SEC's decision to investigate takes it to another level. The backstory: a six-year-old news story about UAL declaring bankruptcy made it into the Tribune-owned Sun-Sentinel's current news flow, was picked up by a Google News bot and, via a reporter for a newsletter, made it onto Bloomberg News. News Corp says Mark Williams interim Premiere CEO (Reuters via Yahoo! News) News Corp. executive Mark Williams has taken over as chief executive of German pay-TV broadcaster Premiere in an interim capacity, News Corp. said after the move led to renewed takeover speculation. News Corp. says Mark Williams interim Premiere CEO (Reuters via Yahoo! News) Mark Williams, a News Corp. executive named late on Wednesday as chief executive of German pay-TV broadcaster Premiere, has taken over in an interim capacity, a News Corp. spokeswoman said on Thursday. JCDecaux in talks to buy News Corp. billboard unit (AP via Yahoo! Finance) In a deal that would create the world's largest outdoor advertising company, French conglomerate JCDecaux SA said Thursday that it is in talks to buy Russian rival News Outdoor Group from global media company News Corp. Site: news - Google News 2009 Automotive News World Congress to Address Most Complex ... - MarketWatch
MORE RESOURCES: Site: Yahoo! News Search Results for affiliate revenue Top 1,000 Shoppers Will Share in 25% of Total Site Profit/Revenue (PRWeb) Top 1,000 shoppers will share in 25% of total profit generated by epricesearch.com. Internet entrepreneur Kevin Adams of Dallas, Texas provides a fundamentally better way for consumers to shop. A new website set to change the way internet advertising revenue is distributed by giving a large portion back to the shoppers/members. (PRWeb Sep 11, 2008) Read the full story at ... Top 1,000 Shoppers Will Share in 25% of Total Site Profit/Revenue (PRWeb via Yahoo! News) Top 1,000 shoppers will share in 25% of total profit generated by epricesearch.com. Internet entrepreneur Kevin Adams of Dallas, Texas provides a fundamentally better way for consumers to shop. A new website set to change the way internet advertising revenue is distributed by giving a large portion back to the shoppers/members. AsiaTiv Offers White Label Affiliate Program for Travel Partners (PRWeb via Yahoo! News) AsiaTiv.com, a highly popular hotel reservations portal offering a lowest rate guarantee, has announced that it is now taking an even more active role in its goal of helping its clients to succeed by providing a high-performance room reservation system built on a foundation of flexibility and scalability through a new affiliate program offering fully managed white label services. Fitch Rates $90MM ThedaCare, Inc. (Wisconsin) 2008 Bonds 'AA-'; Outlook Stable (Centre Daily Times) Fitch Ratings has assigned an 'AA-' underlying rating to approximately $90 million of Wisconsin Health and Educational Facilities Authority revenue bonds, series 2008, issued on behalf of ThedaCare, Inc. (ThedaCare). Additionally, Fitch assigns an 'AA-' underlying rating to approximately $175 million of outstanding revenue bonds issued on behalf of ThedaCare. The Rating Outlook is Stable. Fitch Rates $123.270MM Oklahoma Capital Improvement Auth State Facilities VRDBs 2006D 'AA-/F1+' (Centre Daily Times) Fitch Ratings assigns a rating of 'AA-/F1+' to the $123,270,000 Oklahoma Capital Improvement Authority state facilities revenue bonds (Higher Education Projects) multi-modal variable rate demand, series 2006D, consisting of: Fitch Rates NCMC's (Colorado) $55.5MM Revs 'A+'; Outlook Stable (Centre Daily Times) Fitch Ratings has assigned an 'A+' underlying rating to the Colorado Health Facilities Authority's approximately $55.5 million hospital revenue bonds (NCMC, Inc. Project) series 2008A&B. The 2008A&B bonds are expected to sell via negotiation during the week of Oct. 14 and will be issued as variable-rate demand bonds backed by a letter of credit. In addition, Fitch has affirmed the underlying ... Fitch Confirms Intermountain Power Agency VRBs, Ser 85E & F Maturing 2014 & 2015 'AA-/F1+' (Centre Daily Times) Fitch Ratings confirms the 'AA-/F1+' rating assigned to the Intermountain Power Agency (IPA) variable rate power supply revenue and refunding bonds, 1985 series E maturing July 1, 2014, and variable rate power supply revenue and refunding bonds, 1985 series F maturing July 1, 2015. The confirmation of the rating is in connection with a substitution of the standby bond purchase agreement (SBPA) ... Fitch Rates Indiana Municipal Power Agency's 2008A $30MM Rev Bonds 'A+'; Outlook Stable (Centre Daily Times) Fitch has assigned an 'A+' rating to Indiana Municipal Power Agency's (IMPA) $30 million power supply system revenue bonds, series 2008A. Fitch also affirmed the 'A+' rating on IMPA's $1 billion of outstanding parity power supply system revenue bonds. The 20-year fixed rate bonds are scheduled to price Sept. 25. Proceeds from the series 2007A bonds will fund capital improvements to IMPA's ... Fitch Rts $397MM AZ Health Fac Auth Revs (Banner Health), Series 2008 E-H 'AA+/F1+' (Centre Daily Times) Fitch Ratings assigns an 'AA+/F1+'rating to the following series of Arizona Health Facilities Authority revenue bonds (Banner Health) $124,195,000 weekly rate securities: Fitch Rates $90MM ThedaCare, Inc. (Wisconsin) 2008 Bonds 'AA-'; Outlook Stable (Business Wire via Yahoo! Finance) NEW YORK----Fitch Ratings has assigned an 'AA-' underlying rating to approximately $90 million of Wisconsin Health and Educational Facilities Authority revenue bonds, series 2008, issued on behalf of ThedaCare, Inc. . Site: affiliate revenue - Google News Generating Affiliate Revenue with your Payment Provider - SMEweb
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