7 Action Steps To Online Success - Session 4 - Affiliate Products Versus Your Own Products

We covered Action Steps 1 thru 5 in previous articles which you may want to read, but I'll recap them here again briefly.

1. You must have a website. 2. Write 5 Articles and turn them into an eBook. 3. You must have an Autoresponder. 4. Write a series of five emails for your Autoresponder list. 5. You need to get traffic to your website.

So now let's move on with Action Steps 6 and 7.

6. Find some affiliate products to market:

You'll want to look for affiliate products in the early days to get you started if you don't have any products of your own just yet.

There are basically two main product categories to consider; digital products and physical products. Be aware that "physical products" (books, cosmetics, motor cycles etc) have a large manufacturing cost component in their pricing, so your profit margins are likely to be skinnier. If you work with digital products such as eBooks or online services such as dating services you can find affiliate commissions up to 75% or more. If this field is attractive to you it can be very lucrative.

You can find products by going to Google and looking for "affiliate products" or you can start with affiliate networks like Commission Junction and Click Bank.

Affiliate networks act as brokers between sellers and affiliate marketers like yourself. They're free to join and offer a lot of choice. And best of all…you'll get paid when you sell something.

7. Create your own products:

I'm assuming here that you will be working with digital products rather than physical. If you're planning to manufacture your own physical products then I really am not qualified to help you here, other than this word of caution, it's harder than you think.

But that's negative thinking and you will no doubt push through to great success.

Books are the biggest sellers on the internet and people are hungry for knowledge so a "how-to" eBook about your niche market is your best bet. If you have say a photography site then a book entitled "The 7 Biggest Mistakes to Avoid when taking that Great Photograph" or something similar could be very successful.

The really good news is that eBooks cost virtually nothing to produce except your time and so command a 100% profit margin.

The easiest way to get double duty out of your efforts is to write a series of 10 or 20 articles on the topic and combine them into your book. This way you're attracting visitors and also creating a for-sale product at the same time.

You now send another series of emails similar to the first but this time instead of an affiliate product you offer your own.

You will of course need to have a "shopping cart" on your site to collect payment.

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Jim Keayes is an expert Internet Marketer. He teaches people to be successful online.