
Successful
Affiliate Marketing Through Newsletters
Home > Profit > Affiliate
Programs > Increasing
Commissions
by Ryan Lee
There's gold in those affiliate links!
As
many webmasters are now discovering, making money with affiliate programs can
be hard work. It is not as simple as uploading some banners then sitting back
and collecting commission checks. I have seen many sites fail miserably that rely
solely on featuring generic affiliate banners without integrating merchant products
into their content. A more effective way to distribute this content is through
newsletters.
As a more creative approach, Web savvy marketers
are finding that creating a "niche specific" email newsletter is one
of the most effective ways to boost profits with affiliate programs.
Email
newsletters (i.e.; e-newsletters, electronic newsletters, ezines) are gaining
in popularity on the Web. Typically free and distributed via email, they contain
articles, news and Web site updates.
An electronic newsletter
for your Web site is an easy concept to grasp. For example, a Web site about Pets
could offer a free newsletter about caring for a pet. The newsletter could include
informative articles such as "How to exercise with your dog" and "10
tips on keeping your fishbowl clean", etc. Pet products such as a dog leash,
bowl, and toy should then be included with an affiliate link to encourage a purchase.
BabyLounge.com,
which is a site geared towards moms, seamlessly integrates affiliate programs
throughout the BabyLounge newsletter. Affiliate links to products such as children's
books and grocery coupons are featured in each issue. Click
here for a sample issue.
DomainRepo.com,
a newsletter geared towards webmasters looking to acquire domain names, is another
example of a newsletter integrating affiliate links into each issue. The newsletter
includes affiliate links to domain registration companies next to the expired
domain names. When a subscriber purchases the name from the merchant link, DomainRepo
receives a commission. Click
here for a sample issue.
Why are e-newsletters quickly
becoming the preferred choice for marketing affiliate programs?
Results,
Results, Results.
Clickthrough rates for a targeted newsletter can reach
anywhere from 10 to 15%. This can be significantly higher than banners and buttons.
Obviously if you receive more clickthroughs, you will have a better chance of
success.
It's inexpensive!
The cost is minimal
to send a message to thousands of subscribers. List management and hosting is
the most costly expense. There are now dozens of free list hosts available on
the Internet: egroups.com, listbot.com, etc. Since the service is free, list hosts
usually include a small house advertisement in each message. To produce a newsletter
without these advertisements, expect to pay between $20-$75/month for a small
to medium size list and more than $100 for larger lists. A program with competitive
prices and excellent features such as web-based management, subscriber welcome
messages and more is Lyris:
http://www.refer-it.com/countprograms.cfm?id=2876&type=2
(notice how I inserted an affiliate link).
It's
efficient.
Promoting affiliate programs through email allows for the removal
of some of those slow loading banners from a web site. Instead, web sites can
be filled with much stickier content such as interactive bulletin boards, exclusive
articles, chat rooms, and voting booths.
Common
sense dictates that featured affiliate products should be related to a newsletter's
target market. If a newsletter is geared towards senior citizens, this market
is probably not interested in the latest skateboard gear. Instead, a better fit
would be to feature an online greeting card service that pays a commission for
each free registration.
Be warned; as email boxes continue
to get more and more crowded, a newsletter must strive to provide valuable information
in order to gain attention. By featuring exclusive articles, special product discounts,
and even contests, the newsletter becomes so irresistible that your visitors are
eager to subscribe. Just make sure to create a high quality publication. To guarantee
a high quality publication avoid including recycled articles and broken links
by keeping the content fresh.
Moreover, a newsletter should
always be opt-in/opt-out. A potential subscriber must request to be on the list
and be given instructions on how to unsubscribe. Benefits of an opt-in newsletter
include: higher response rates, fewer undeliverable emails, and time saved on
list management.
The most important reason to make the list
opt-in/opt-out is to avoid complaints and being labeled a "SPAMMER".
Not only will a SPAMMER receive many complaints, but there are legal and ethical
liabilities as well. Affiliate agreements should be reviewed before placing product
links within a newsletter. Here is an example from the LendingTree.com Affiliate
Agreement that discusses the issue of unsolicited mailings:
"You
may not use any computer or other electronic device to send an unsolicited advertisement
(also known as "spamming") to an electronic mail address of an individual
with whom you lack a preexisting and ongoing business or personal relationship
unless you have received an express invitation or consent/permission from that
individual."
If still unsure, contact the affiliate manager
before publishing the newsletter. Many times, affiliate managers are happy to
provide additional tips or promotional copy to help entice more subscribers to
click on your affiliate links.
So get creative and cash-in
on the effectiveness of an email newsletter. The result will be a boost in affiliate
sales and profits.