Archive for the 'Making Money From Affiliate Marketing' Category

How To Make Money Online Without Spending A Dime!

Thursday, May 20th, 2010

How To Make Money Online Without Spending A Dime!

This is the wise man’s strategy for raking-in dollars from the Internet without owning a website or product.

If you are looking for the way to legally make money on the Internet without spending any money, you have to pay attention to this guide and implement what you read. And if you are one of those who usually feel frightened by the concept of having a website to be able to join the online money makers because of the technicalities involved in designing and administering a website, you are in luck too because I’m about revealing the paths to take to make money on the Internet without owning a website or creating your own product.

Please know that this is not a get-rich-quick scheme, you can very well get rich with this strategy, but there is work to be done, and it will take some investment of time for the food to be cooked and get done. So, if you are ready, here we go.

The strategy is a simple idea. It involves getting a high-in demand, good percentage commission product to promote, and using free, but effective traffic generating methods that don’t require owning a website, to bring it to the attention of potential customers across the world.

Choosing A Product

You can find a product to promote by going to affiliate market place such as Clickbank, Amazon, and Paydotcom. Clickbank will not send your payments directly to you in Nigeria because they are not doing business with Nigeria presently, however if you know someone in any of the countries they allow, including the UK, you can use the person’s address in signing up with Clickbank. Note that the “Payee Name” section of the form should be your name, in the format that you have it in your bank account opening.

If you are not able to use that means, you can contact virtual office providers – there are many of them across the Internet – to help you with their address, so as to receive the commission checks from Clickbank for you. But you will have to pay for this service.

It is better you use non-US address so as not to be asked to fill a tax form that will require certain information you might not be able to provide. I’m sorry I will not be able to recommend any virtual office provider service to you now, but you can find many of them by making a search on google.com for “virtual office providers” Whichever company you choose; make sure to do your due diligence before signing up with them. And remember, it is only their address you use when filling Clickbank form.

When you make sales, Clickbank will send your commission check to the address in your account with them, then your friend or relation in the UK for example, or the virtual office company you’ve signed up with, will forward the check to you in Nigeria. You will be able to cash the money by logging it into your domiciliary account with any bank in the country. This means you need to open a domiciliary account to cash foreign checks.

That’s generally how to sign up to promote products in Clickbank if Clickbank doesn’t allow your country. Now, let’s talk about what you should be looking out for in the product you want to promote to ensure success.

Before you decide on a product, see that it has appreciable level of demand, that is, a good number of people are interested in buying it. You can determine this by checking certain features provided in the affiliate market place. For instance, Clickbank has what they call “gravity”. It’s the number of people promoting the product. If there are high gravity, it means the product must be of high demand, else people won’t be that eager to promote it. In Amazon, they have ranking system for their products in their categories based on sales recorded.

Another way you can confirm that the product has good demand is to use the google free keyword research tool at: https://adwords.google.co.uk/select/KeywordToolExternal. Type in the keyword of the product into the software, for example, if the product is to help people lose weight, you can type: “weight loss solution” or “lose weight” into the software. It will show you the average number of searches the google.com search engine has received for the keyword and related keyword in the previous month, as well as monthly.

If you set the software to also display the average Cost Per Click (CPC), then you will see how much advertisers are paying for the keyword. This information will tell you if people are buying the product or not. If the CPC is high, from $1 and above, it means the product is in high demand, otherwise advertisers won’t spend so much on one click.

Another thing to check before picking a product to promote is the amount of commission you stand to make from it. The higher the amount of money you can make from a sale, the better. If a product will pay you $50 for selling just one, that means if you are able to sell 10 in a week, that’s $500, and about $$2,000 in a month (that’s not bad, is it?).

Lastly, I look at the sales page. This is very important. Even if the product promised to pay you $100 or $200, if the sales page is not well written it will not convert to sales. People will see it and will not go ahead to order; therefore, you will not make any money for your effort.

If by reading the sales page you are not moved to get the product yourself, the chance that it will compel other people to make purchase is slim. If possible, you can ask someone else to read the sales copy and tell you how they feel.

Having picked a product to promote, the next stage is to drive traffic or potential customers to the sales page through your affiliate link (you will be given a link to track your sales as you promote the product). There are many ways to generate traffic, but we will be looking at the ones that will not cost you anything, but are notwithstanding effective.

Traffic, needless to say, is very important, if not the most crucial factor in making money on the Internet. Naturally, the more traffic that comes to your product’s sales page, the better the chance of more people ordering it. If you have 100 potential buyers of your product reading your sales page daily, the chance of having 10 ordering is high. So, the idea is to draw high volume of targeted traffic to your sales page daily. Here are ways to achieve it:

Posting At High Traffic Blogs

Identify blogs in the industry of the product you are promoting, which pull high traffic – these are usually blogs owned by the gurus in the industry. You can find such blogs by doing a search on google for them.

The goal here is to siphon some of their traffic, and the good thing about this traffic is that it consists more of people who have bought products before online, and so are used to making online purchases – they are usually in buying mood.

Make sure to sign up to the owners’ newsletter so as to be alerted when the blogs are updated or visit them daily if possible to check for fresh contents. When a fresh content is posted, try to be among the first to make comment. This is advantageous because the hundreds or even thousands of people that will come later to read the blog will also read your comment and will likely visit your sales page.

This is a very powerful traffic method, which lots of people don’t know or are doing wrongly (I will explain this later). Imaging having hundreds of people reading your comment from one blog everyday, and you have twenty of such blogs that you comment on regularly, that will be giving you the chance to expose your sales page to thousands of potential buyers.

If your comments are attractive, you will definitely have visitors of the blogs clicking on your name to view your sales page. To be attractive, your comments should provide value for the reader. Somebody should gain something from reading your comments.

Even though you are not the original author of the article you are commenting on, however, you can still add value or benefits in your comments for visitors or anyone who reads them. If someone read your comments and got something they can use, they will definitely want to visit your site or to know more about you. I have continued to experience this all the time.

How do you make your comments attractive? You ask. There are ways you can do that, I will tell you.

- Highlighting addition points about the subject that the author didn’t treat, but are valuable. However, this should come after you have commended the author for his/her efforts.

- Highlighting one or two salient points in the original article, and explaining how much they have helped you in any way or how much you believe they will help you.

- If you disagree with the author on some points, say so, and explain why you take such position, giving reasonable points.

- Using your personal experience or the experience of somebody you know to emphasize a point in the discussion.

Generally, here are what I tag the dos (what you should do) in commenting on other people’s blogs to receive maximum clicks on your name.

- Give value in your comments.
- Make comment early
- Reply other people’s comments (if you have something to support their comments with, or have answers to their questions). This increases your activity on the blog, which portrays you as an expert in the field.
- Respect other people’s viewpoint even if you disagree with them.
- When signing up to make comment, you should creatively have the keyword of your product in the “Name” field. You can write something like, “Rose @ Lose Weight”, instead of your name “Rose”. Then of course, you should put your affiliate link’s url in the “Website” field.
- Upload an image on your Avatar, otherwise the default Avatar image will be showing. You don’t have to use your picture; you can use any image that appeals to you. You can find free images to use on the Internet. You can then go to www.gravatar.com to upload the image, and it will begin to show wherever you make comments on blogs or forums, or platforms that use Avatar. This makes you appear professional.

The don’ts:

- If you are selling to the global audience, make your comments global – don’t mention you are commenting from Nigeria.
- Don’t be abusive or cursing in your comments.

Joining Forum Discussions

Like identifying high trafficked blogs, you can also find high trafficked forums to join in their discussions – by doing a search on google.com you will find many of them. Apart from commenting on threads raised by others, you can also start a thread.

As discussed above about commenting on blogs, your comments on forums should also contain benefits that readers can make use of that will make them to be attracted to your signature, and click on your sales page link.

I will explain what signature is. Signature is a short expression that you may want to appear below every comment or post you make at the forum. You can write your signature from your profile area, and you are allowed to hyperlink text on your signature.

You need to make the best of your signature. Write very compelling words and hyperlinks them with the url of your sales page. Still using our lose weight example, you can have a signature that reads, “Loss Weight Fast!” which is hyperlinked to the sales page, so that when anyone clicks on it, they will taken to the sales page.

Using Web 2.0

There are websites that allow you to post articles in them, and some even allow you to earn adsense income on your articles. Example of such websites, which are free to sign up with include, xomba, worldvillage, squidoo, and yousaytoo.

These sites are very attractive to search engines, and many of them already receive millions of traffic monthly. Therefore, you can use them to effectively promote your sales page. To achieve this what you do is to write and post articles relevant to your product in them.

You should carefully insert links to your sales page in the body of the articles (note that some of these sites don’t allow this, while some do, so check out their article submission policy before posting articles). For those that will not allow you to insert links in the body of the article, you will be able to do that at the author’s resource box at the bottom of the article.

When visitors to these sites read your articles, many of them will click on the link to your sales page and read the sales copy, and make order. With the millions of visitors to these sites every month, imagine the volume of traffic to your sales page if you are using, say twenty of such.

Using Socialbookmarker.com

Socialbookmarker.com is a website that gives you the opportunity to bookmark your article pages in the web 2.0 sites in several bookmarking sites automatically. By bookmarking your article pages, your articles are given the chance to be read by the millions of users of the bookmarking sites where your articles have been bookmarked, and that’s lots of traffic hitting the sales page of your product, increasing your sales.

I have just given you a guide that will enable you to make money on the Internet without spending money or owning a website, however, remember, it will not happen overnight. A few blog or forum comments is not enough, you will have to be consistent in it for some time to see the desired result. To your success!