The internet has changed the way millions of people work and make a living. However, you’re probably aware of the various online scams and false promises of wealth that have become commonplace on the internet. Many people dream about becoming an instant internet millionaire. However, the reality is different.
Like any industry, you have to put in the effort and work hard to make money online. One way you can do this is through performance marketing. Companies are willing to pay marketers money to get more exposure, more leads and more sales. By doing this you have the potential to get a commission for a sale, for generating a lead or for viewing an offer. By following the steps below, you really do have the potential to make money from performance marketing.
The old saying ‘you have to walk before you can run’ is especially true when it comes to performance marketing. Every marketer has to start somewhere. It’s important to have a good understanding of the industry and educate yourself as much as possible in this area of marketing. There are many courses available from reputable online marketers who specialize in performance marketing. A range of forums, blogs and social media websites are also available that provide information and tips to help other marketers.
However, when you buy these types of training products or interact with members on these websites, make sure they are recommended by people you trust. Once you have a thorough understanding of performance marketing, it’s time to identify and find the niche you want to promote products to.
Choosing a Niche
If you fail to prepare, you are preparing to fail. Understanding the audience you will be promoting products to can be the difference between successful performance marketing campaigns and campaigns that end up losing money. Research is key because you need to understand what your audience wants, what they like and what their concerns are. Once you understand these factors, you can build a relationship with these people and recommend products and services they will be more interested in.
Choosing a Performance Marketing Network
It’s important to partner with reputable people and organizations when you begin this type of marketing. The wrong advice or promoting poor quality products and services often results in failure. Dealing with dishonest organizations also has the potential to create unnecessary problems for your business. Before you start promoting performance marketing offers you normally have to register with networks like Clickbooth Integraclick. These networks list a wide range of high quality offers and manage the transactions between marketers and advertisers.
Choosing the Products or Services You will be Promoting
Performance marketing networks list hundreds of offers. Some have high conversions, while others perform poorly. Once you have identified your target audience and registered with a performance marketing network, you need to identify offers that have the potential to make you more money. How well your offers convert will be the difference between successful marketing campaigns and campaigns that lose you money.
Reaching Your Target Audience
Once you have identified products that are suitable for a particular niche, you need to build an audience of like-minded people who are interested in that product and similar products. There are many ways to do this.
Firstly you can create your own website or blog dedicated to a particular topic and promote performance marketing offers from there. To make this even more effective, start building an email subscriber list from the people who visit your website through a lead capture system called an autoresponder. People visit your website because of the topic it covers and many of these visitors will also want to become your subscribers, so long as you are providing valuable content related to your websites topic. This also gives you the opportunity to promote performance marketing offers which your subscribers may be interested in.
Once you have your website and lead capture system setup, you can start finding people interested in what you have to offer on other websites. Social media websites, forums and blogs are the perfect places to find these people. Building relationships and engaging with these people on other websites is an effective way to introduce more customers to your website and offers. These people can also be reached through paid advertising systems like Google Adwords, Facebook Ads and similar paid advertising platforms.
As you can see, it’s possible to make money from performance marketing but it doesn’t happen overnight. However, if you educate yourself and follow the steps above, it is possible to get to a stage where you are making enough money to give up your day job.