5 steps To Generate Automatic Cash-Passive Income Building
The concept behind this foolproof method to making money online is simple. We're going to take PDF documents, put affiliate links inside them and distribute them on document directory websites.
It's a 5-step process:
Step 1. Find a good niche and a good product to promote.
Step 2. Find a keyword to market the product with.
Step 3. Find some content.
Step 4. Put it all together, make a PDF and upload it to some websites Step 5. Generate traffic and start earning cash!
Ready to make money? Let's get started!
STEP 1 - PRODUCT SELECTION.
WHAT IS AFFILIATE MARKETING?
Affiliate marketing is where a vendor of a product (such as an eBook) rewards an affiliate (you) for selling their product usually by paying the affiliate a percentage of the revenue received as commission for the sale. For example, if you have a blog you could post an affiliate link to an eBook about losing weight written by someone else.
Whenever a visitor comes to your website, clicks the affiliate link and purchases that eBook for $20, you receive $10.
One of the most popular digital marketplaces with and affiliate program is Clickbank. It's got a huge range of over 50,000 products and is very straightforward to use. Many of the products also sell for quite high prices, giving you a massive commission per sale. For these reasons we're going to be using Clickbank as our affiliate network. If you're interested you might also want to check out kokoshungsan.uk for a different range of products. It provides multi-tier/multi-level affiliate tracking with up to 5 Tiers! kokoshungsan.uk also have the option to pay via Paypal.
So head over to clickbank.com , kokoshungsan.uk and sign up as an affiliate.
HOW TO CHOOSE A PRODUCT.
So now that you understand the basics of what affiliate marketing is, and you've signed up for an account, it's time to choose a product to sell and become an affiliate!
One of the crucial factors in how much money you'll make from this system is your choice of product. It should come as no surprise that some products sell better than others. A product that sells well will net you a nice profit where as a product that doesn't sell will obviously not get you any commissioned sales! You want to advertise a product that customers actually want and which they genuinely find useful.
So how do you choose a good product?
If you look at the Clickbank marketplace you'll be able to see all of the products available for sale, in a variety of niches (a niche is a specifically focused subset of a market). They have many different statistics which you can use to choose a product.
Here you can search for products in specific niches if you want to and you can see statistics about each product. You're able to see how much you'll get per sale of a product as well as what royalty percentage you receive in commission.
There is another statistic here called gravity which is very important.
Gravity measures how popular a product is with affiliates. It is also loosely related to how well a product sells. It's calculated based on the number of affiliates who have made a sale on that product recently. A high gravity score means that many affiliates have sold that product recently. A low score means that not many affiliates have sold that product recently. It does not take into account the total number of sales for a product, only the number of affiliates that have sold it recently. It is a good indicator of which products are worth promoting from the marketplace and you should generally try to choose a product with high gravity.
You want to choose a product that has high gravity, but not too high. A very high gravity score means that you'll be competing heavily with other affiliates for a piece of the pie since it's so popular. Start off by choosing a product with a gravity score of between 20 and 50. Later on you can experiment with a range of products.
Some niches have more paying customers than others and certain niches are generally just more popular. Niches such as health, personal development, weight loss, Xbox, Playstation, Forex, Diablo, and World of Warcraft are always popular. If you don't really mind what niche your product comes from then you can simply use gravity to determine which product is best for you.
I do advise however that you stay away from any products in the "make money online" niche as it is highly saturated (many affiliates in this niche trying to promote the same products) and it will be difficult to compete amongst all the noise.
You want to choose a product that gives you a high return every time it is sold. The "Average $/ sale" will tell you how much you receive for each affiliate sale. Higher numbers are always better!
Most products have a good return, so choose whatever you are comfortable with. $15 per sale is a pretty good minimum to aim for.
Using the above information it's time to choose a product.
1.Gravity between 20 and 50.
2.Popular but not oversaturated niche.
3. High EPS ("Average $/sale") - whatever amount you're happy with.
Once you've found a product, the next step is to generate a hoplink. A hoplink (also known as an affiliate link) is a unique web address that customers can visit to go to the sales page of the product that you are promoting. When a customer buys the product through that page (having been directed there via your hoplink) you will receive commission. The hoplink is the part of the affiliate system which identifies you as the one who drove a customer through to purchase.
To generate a hoplink, find the product that you are promoting on the Clickbank marketplace. Click the promote button.
Next, ensuring that your account nickname is entered correctly, Click Create. You don't need a tracking ID. They are used for advanced traffic analytics.
Finally, copy the hoplink to notepad so that we can use it later.
If you want to promote any product from kokoshungsan.uk, it is easy to find affiliate links from kokoshungsan.uk. When you are logged into your affiliate account, you can easily obtain links with your tracking code, pointing to any page on the site, while browsing the site and clicking icon in the bottom right corner of the page. Those links track both customers and your sub- affiliates.
You can also use Tracking Link Generator that you can find on Affiliate Tracking section to generate affiliate link for any product you would like to promote.