In this
article I'm going to talk to you about a very different and,
potentially,
ShopABot Review even more promising way to make money on Amazon. I'll
explain how Amazon Associates works and look at whether or not it is as
good as it sounds.
With this way of making money on Amazon you
don't need to see or touch a single product. In fact, you don't even
need to have a product. You don't need to do any selling either. Amazon
sees to all that for you. It's a method that, with time and effort,
could make you even more money than selling something on Amazon -
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lot less work than a conventional product stocking, buying-and selling
operation involves.
It's all possible thanks to Amazon's very
clever and comprehensive affiliate program that is known in Amazon-speak
as Amazon Associates.
Of course, you're probably saying, affiliate programs are nothing new. And you'd be quite right.
But
Amazon Associates isn't just any old affiliate program. It's a program
that is tried and tested, highly professional, relatively easy to get
started in, and on top of all that free to join. Not only that, but it
allows you to hitch a ride on the back of the famous, highly- respected
brand that is Amazon. That's why if you're new to affiliate schemes, or
have tried others before and been disappointed by the results,
ShopABot Reviews Amazon
Associates could be well worth a closer look.
What is an affiliate scheme?
You
probably know what an affiliate program (or scheme) is, but in case you
don't I'll briefly cover what they are here. Essentially, an affiliate
scheme is an arrangement which allows one Internet marketeer (you in
this case) the opportunity to promote the products and services being
sold by another and get paid a commission (or referral fee as it is
sometimes known) for doing it. It's a very simple idea and it is proven
to work.
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Amazon's affiliate program is a very advanced and
sophisticated yet user-friendly affiliate scheme. When you sign up for
Amazon's Associates program you don't need any products of your own.
Instead, you introduce or refer potential buyers to Amazon's huge and
ready-made range of products. More about exactly how that works shortly.
If they then buy something, Amazon pays you a commission on the sale.
Put
in very simple terms what is happening is that Amazon are paying you
for finding and sending them potential customers.
Shop A Bot Review It's basically a
classic Pay Per Action or PPA arrangement.
You can be an affiliate
for all kinds of companies of course. But one of the advantages of
being an Amazon affiliate is that people already know and trust the
Amazon brand. So it is (or should be) much more likely that those you
refer will buy - and buy more - than other unknown or run-of-the-mill
affiliate schemes.
How does Amazon work with affiliates?
Amazon
call their affiliate scheme Amazon Associates. Actually, that is a bit
misleading. When you join you're not really an associate of Amazon.
ShopABot Review You're an affiliate pure and simple. The Amazon affiliates program is
one of the oldest on the Internet. In fact, Amazon pioneered this method
of marketing when the Internet was still in its infancy. It works like
this:
1. You set up a website and generate traffic for it.
2. You sign up for the Amazon Associates program.
Once
approved by Amazon you have access to a range of tools and techniques
which allow you to refer visitors to your site to any or all
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portfolio of products.
3. You choose the products you want to
promote. You then create affiliate links on your site which point to
Amazon. If a visitor to your site clicks on one of the approved
affiliate links and goes to Amazon and buys something within a certain
time period you get a commission on the selling price.
The pros and cons of Amazon Associates
*
Pro. You don't need products or services to sell. You don't need to spend time developing, creating or manufacturing them.
*
Pro. You don't need to store, handle or ship products. Amazon does that for you.
*
Pro. You don't need to handle payments.
ShopABot Bonus Amazon does that for you too.
*
Pro. You don't need to provide customer back- up/support. The product supplier does that for you.
Now,
I said affiliate schemes are basically simple. And essentially they
are. But there are one or two drawbacks you need to know about before
you start.
*
Con. There can be stiff competition.
Because affiliate schemes are simple to get into there can be
competition from other people doing much the same thing as you. Lots of
people are already Amazon affiliates, so there's already a fair bit of
competition to tackle.
*
Con. There's no product
exclusivity. Anyone else can sell the same products and services as you.
And you can't control the price... at least not with Amazon.
You'll need to
ShopABot Reviews choose a good niche and work hard to persuade customers to buy through you - more about all this later.
*
Con.
It's not an entirely hands-off business - despite the claims made by
some people promoting affiliate schemes. You'll still need a website (in
most cases).
ShopABot Review You'll need to spend time and money generating traffic for
it. That can be tricky when you're new to the whole thing.
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