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July 13, 2009

Making Money Online With Domains and Developed Websites Part 4

Filed under: Making Money Online — Tags: , — Kevin Jackson @ 5:00 am

This is the fourth of a ten-part series that should provide some guidance to newbies on how to legitimately make money with domains and developed websites in a risk-free fashion.

To see the previous posts in this series, simply browse the Making Money Online blog category. We will interlink the posts as soon as all of them are published.

Here is the fourth method of making money online with your domain name or website:

4. Affiliate Marketing
Using your website for affiliate marketing is similar to acting as a salesperson for one or more companies in the brick and mortar world. Only that it is normally much easier!

To participate, you register to be an affiliate with a merchant and receive payment for each sale or lead that your website generates for the merchant.

Visitors to your site will be sent to the merchant’s site by clicking on links that you have installed on your website for this purpose.

This is sometimes referred to as Cost Per Action (CPA) or Cost Per Lead (CPL).

You can Search the search engines for “affiliate network” or “affiliate marketplace” to find suitable networks to join.

I will update this post with some Affiliate Marketing networks as soon as I can.

That’s it for this method. I will expand of this one in the near future.

The full series will be published in the Making Money Online blog category. So you can check back later for the rest of the series.

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November 12, 2008

Affiliate Marketing - Do I Really Need My Own Domain?

It is possible to make a ton of cash by sending visitors directly to the merchant’s website when doing affiliate marketing.

Quite a few affiliate marketers do this with Google Cash or a method known as arbitrage. This is where the affiliates advertise in any pay-per-click search engine such as Google Adwords, and send the traffic directly to the merchant’s website using their affiliate link.

If the visitor that clicks the link in the Google ad subsequently makes a purchase at the merchant’s website, then the affiliate marketer will earn a commission.

This method does work, and there are people who are silently making millions from this method of affiliate marketing. It is quick, hassle-free and can be extremely profitable if done correctly.

However, I personally think that affiliate marketers who profit from arbitrage could end up throwing away a lot of money, perhaps much more than what they are earning.

Here is the reason why:

Credible studies show that as much as 85% of online shoppers don’t buy a product they find online within the first 60 days. Studies also reveal that most online shoppers only buy a product if they see it quite a few times, i.e. if they are “reminded” about the product numerously.

I personally believe the studies are true, and have witnessed it so many times in my Internet marketing experiences over the years.

Now think about it. When you use the arbitrage method of affiliate marketing as mentioned above, you only have ONE chance of profiting from any purchase made by the visitor.

If the visitor chooses to just browse the merchant’s website, do the research and then make a purchase at a later date, the only person who makes a profit is the merchant.

However, if you had built a credible review website or brand that provides genuine product/service analysis and recommendations, the customer would most likely visit your website as a last minute check just before making that important purchase.

This way, when the customer has their wallet out and credit card in hand, you will be the one sending them to the merchant’s website via your affiliate link.

This way, you not only profit from the 15% that will buy immediately, but also from the 85% that buy a few days or even months later.

Now some will ask… what about cookies? Well yes, some merchants’ websites will set a cookie on the customer’s computer. The merchant will track the cookie and will reward the affiliate marketer if the customer comes back to their site and make a purchase within a specific period such as 60,120 or even 365 days.

However, with a prevalence of short-duration cookies, and even shorter attention spans, most visitors will never visit the merchant’s web site again, even with your cookie still saved on their computers.

If you were to depend on the same visitor to click on your Adword several times before making a purchase after sufficient exposure, you may end up making a loss, as your acquisition costs may exceed your commission from the one sale.

I could write all day and list points after points as to why you need to build your own brand on a premium domain name when doing affiliate marketing.

It is like killing two birds with one stone. You benefit from the exposure to your website and brand, as well as profiting from any affiliate commissions earned.

Don’t even forget that your branded website will benefit from free search engine and directory traffic, customer loyalty and word-of-mouth and other viral marketing methods.

Also, one last point, when your website has great content and product endorsements, the said visitor may end up buying more products from other affiliate merchants that you recommend, earning you even more money.

It pays to brand. It pays to own a premium domain name. Don’t underestimate the power contained within a premium domain name.

So, the answer is yes. You do really need your own domain name.

Successful eBusiness starts with a top quality domain name.

Find the perfect premium domain name to brand your online business at eBusinessDomains.com.

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November 11, 2008

Online Retail Sales Set To Rise 15%, How Can Domainers Profit?

Filed under: Internet Marketing, Premium Domains — Tags: , , — Kevin Jackson @ 9:08 pm

Here in the UK, and am sure in the USA and other countries it is predicted that online sales will trend upwards while high street will experience a retail sale slump.

High street sales figures are the worst for three years, according to a new report.

The KPMG/British Retail Consortium Retail Sales Monitor shows that total sales are lower than a year ago for the first time since April 2005.

The research indicates that clothing and footwear sales have remained poor and discount-driven, while furniture and homewares fell further below last year’s levels, despite the massive discounts and promotions.

However, non-food non-store sales in October were 16.6% higher than a year ago, and figures released separately by IMRG and Capgemini suggest that a 15% increase in year on year internet sales is likely in the run-up to the Christmas period.

It is predicted that British shoppers online will spend a total of £13.16bn this festive season. This will represent a 15% rise year-on-year, according to the IMRG Capgemini e-Retail Sales Index. This figure is equivalent to £215 being spent online by each person in the UK.

So how can domainers benefit from this expected increase in online spending? Simply build brands and websites that will sell what customers are buying.

Domainers can either build websites to sell their own merchandise or participate in affiliate marketing. High traffic domains can also be forwarded to affiliate pages (be careful not to infringe of any trademarks).

Visit the websites for online retailers and research their affiliate programs and choose a few that you could promote and benefit from. PPC may increase during the Christmas season, but if you get your affiliate marketing right, you just might make a decent fortune.

Here is a great ebook to read, if you want to learn more about affiliate marketing:
The Super Affiliate Handbook

This ebook by Rosalind Gardner sets the record straight about opportunities in the affiliate marketing industry. Don’t build another mini site on your prized premium domain until you’ve read this ebook!

I am obsessed with branding. And now is just the perfect time to launch a major brand. The online shopping frenzy during the Christmas season can help to establish your brand and propel you into even bigger growth for 2009.

Get a premium domain name and ride the waves while they are high. Launch your brands and let the Christmas season spending spree brings you decent returns on investments.

Get a premium domain name to brand your online business at eBusinessDomains.com. We are selling most of our domains for only $500. Click here to learn more about this extra special and crazy premium domain deal.

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