The POWER OF FREE In Affiliate Marketing – Part One
The Power Of FREE In Affiliate Marketing!
©2009 Doug Champigny, Captain-Affiliate.com. All Rights Reserved.
Affiliate marketing has changed since the onset on the global recession. Not just evolved, but changed suddenly, leaving many affiliates behind and confusing a lot of newbies who are seeing their confidence eroded as the techniques they’ve been taught fail time and again.
Understand this right now: If your affiliate marketing strategies are based on information more than a year old, on tactics people still teach from a few years ago, or on methods you’ve been using for years, your commissions have dropped significantly or been completely wiped out, and your efforts going forward will be increasingly less effective.
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If you’ve been in the biz for more than a couple of years, you don’t need me to tell you your affiliate commissions have dropped – either you’re working 3 times as hard now and accepting a lowered lifestyle or you’re looking for a full or part-time job to supplement or replace what was a full-time income until recently.
If you’re new to affiliate marketing and following advice from one of the gurus or super-affiliates who are still milking their success from a few years back, as most are, then you know you’re not experiencing nearly the results they told you you would, even though you’re following their instructions to the letter, right?
Well, fear not. For all the changes, there are still more affiliates making more money online today than ever before. But the business has both evolved continually over the years and changed suddenly a few times…
When Teri & I started affiliate marketing 12 or so years ago there was very little competition. A simple banner at the top of a page on your website pretty much guaranteed traffic to your affiliate link, and thereby some commissions each month. When we started blogging 5 years ago, a graphic in the sidebar drew traffic and a blog post could simply be the first half of the text from a salespage, followed by your affiliate link to that page – and it got results.
Search engine optimization was easy because the directories told you the truth about how they rank websites, whereas today you only need compare any search results to what they state are their ranking criteria to know you haven’t been told the truth, either intentionally or by lies of omission.
By now, I’m sure you’re wondering about all this… How can what I’m saying be true when it flies in the face of what most of your tutors, guides and mentors are telling you?
There’s a simple test – compare what they’re telling you to what you see actually going on online. Have they released a new product in the last 6 months? Not a Master Resell Rights product, but one they actually wrote? Do their blog posts teach you instead of just selling you? And most importantly for affiliate marketing – are you still seeing their names on the leaderboards of various JVs and affiliate launches?
On the other hand, some have been giving you valuable advice all along, but for the most part it’s been too vague and general for most people to integrate the ideas into their strategies. The most valuable information you’ve been given vis-a-vis the current state of online marketing is:
1) Pay It Forward.
2) First Give, Then Collect.
3) Teach your audience so they know WHY they need the product you’re recommending and HOW to use it once they have it.
But the question was always ‘Just how do I implement that in my daily activities?’
Let’s start by taking a look at some of the biggest launches this summer…
In June, Resell Rights Fortunes launched – and as an affiliate marketing opportunity, I think this was the best launch so far this year. Not only did we make more on this launch than any other, but so far the residual commissions have added another 40% to what we made on the launch!
So how was the launch made so successful? First, Socrates created two powerful videos showing relatively unknown ways to build your opt-in list faster. He put them online 2 weeks apart, allowing his launch partners 2 weeks to send traffic to each video, and cookied each visitor for the affiliate. Then he added in a short e-mail course that gave them more powerful information without pitching anything.
When the time came for the launch, he already had a new 5-figure opt-in list of marketers from those promotions, and he did his best to convert as many of those leads to sales as he could to help out both the affiliates and himself.
To keep the JV partners and affiliates motivated, he ran TWO contests during the pre-launch – one for the most referrals during the whole pre-launch and another for the last few days of the pre-launch. We took home a notebook and a flip cam from those two contests, so obviously we were happy with it – especially since those were on top of 4-figure commissions the first week the site was open.
So let’s take a look at how the POWER OF FREE made this a successful launch:
From the Site Owner’s perspective:
Socrates put more into making this launch successful than any of the other events we’ve promoted. First, he gave away thousands of dollars worth of prizes to his affiliates and JV partners – prizes based on pre-launch opt-ins, not on sales. If the launch had flopped, he’d still be on the hook for all of the prizes.
Secondly, for the new prospects he gave away the content of those two videos – powerful list-building strategies he could easily have turned into a product and sold. Yet by giving them away free, he both built his opt-in list and demonstrated his expert status to the visitors his partners sent to the site.
From the Affiliates’ perspective:
We were able to warm up our lists, blog readers, Twitter followers, etc. to the site by offering them not a product for sale or a membership to join, but instead by sending them to free information on how to build their lists faster. Since everyone in online marketer always needs to be building their opt-in lists as quickly as possible, this was a very powerful free gift we could give them.
Then, two weeks later there was another video showing them yet another way to build their lists. Not only did those who visited the first video return, but an almost-equal number of additional people went to watch the second video, and were able to watch the first video as well – Socrates invited them to view the first video as part of his followup sequence.
Then Resell Rights Fortunes launched – a new PLR and MRR membership site, launched at the height of the recession when most membership sites where losing members in wholesale fashion… The result?
Resell Rights Fortunes launched with over $100,000 in memberships sold the first week! Granted, if it hadn’t been (and still is) the best site for marketers to get their PLR and MRR products, with innovative search technology that makes the site much quicker and more profitable for members to use, the launch wouldn’t have been as hot – and we certainly wouldn’t be making as much in residual commissions because the members wouldn’t be staying as long as they are.
But even with the best membership site and the highest member value online, the site still would have flopped – or been very small – if it hadn’t been for the free resources that Socrates used to attract targeted prospects, and the free gifts he made available to his affiliates and JV partners during the month-long pre-launch. And the affiliates who promoted the launch wouldn’t have had nearly the success we did if we hadn’t had those free videos to send people to in the first place.
THAT is the POWER OF FREE in affiliate marketing. No longer is it enough to just send people to a salespage to make your living, and no longer can site owners expect to have big sales without paying it forward by offering both solid, valuable information for free upfront and using that free information to demonstrate their expertise in the niche and assure people they’re not buying into one more source of overused and rehashed material.
That’s it for today – next post I’ll show you how the POWER OF FREE is being used by Expert WordPress, ClickBank Pirate and the Niche Audio Club to benefit their members and their affiliates on an ongoing basis – tune in then!
To your Profitable Affiliate Marketing…
Doug Champigny,
http://Captain-Affiliate.com
PS – If you’re not already a member of Resell Rights Fortunes, be sure to check it out today – I’ll be showing you how to use it effectively to boost your affiliate commissions in the new affiliate marketing paradigm and how it lets you master the POWER OF FREE strategies with ANY affiliate marketing promotions you get involved in. Watch for those posts coming soon – same profit time, same profit channel!
Technorati Tags: affiliate marketing, new affiliate marketing strategies, affiliate marketing mentoring, power of free, making money online, work-at-home profits, doing business online, Doug Champigny, Captain Affiliate
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16 comments
Joel Osborne - Follow this person as @JoelOsborne on Twitter
on September 12, 2009 at 5:41 PM
Great thoughts Doug!
I’ve seen over the past few years more and more free quality information being sharred by top marketers to increase their sales, and quality free information is what really makes it happen.
Sure I can throw together a quick MRR product and give it away, but if I share something true quality with results, it will go over much better.
Joel Osborne´s last blog ..Dream PLR Package
Andre Arnett - Follow this person as @learningaffil on Twitter
on September 12, 2009 at 6:07 PM
You are so right about the power of free. It is so important now when connecting with your list that they want to be learning something. They might be willing to buy something from you but they expect to be learning something in return. If they constantly keep seeing you pitching products they know they can go elsewhere to find out what they want. Looking forward to your next post. Lots of good valuable information
Andre Arnett´s last blog ..Achieve Your Dreams’ PLR Package Released
Lonnie Minton - Follow this person as @AffiliateBus on Twitter
on September 12, 2009 at 6:40 PM
Doug, a great article. I wasn’t one of the super starts for Resell Rights Fortunes so I didn’t get a lot of the free stuff that Socrates gave away in his contests. However, I did get into the program and participated in the list building videos. I know a lot of things have changed in the internet marketing world, but free and list building are still major players.
Lonnie Minton´s last blog ..Stop Promoting Uninteresting Products
Mike Paetzold - Follow this person as @mikepaetzold on Twitter
on September 12, 2009 at 9:09 PM
Great point you make as the free line has definitely moved and those that use it right can definitely improve their results dramatically.
Mike Paetzold´s last blog ..Week In Review – September 12, 2009
The POWER OF FREE In Affiliate Marketing - Part One | Affiliate … it power on September 12, 2009 at 11:44 PM
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Brett McEllhiney - Follow this person as @bmcellhiney on Twitter
on September 13, 2009 at 8:56 AM
I agree Doug!
Socrates did a great job with the Resell Rights Fortune launch.
It’s nice to get the inside perspective from someone who promoted this product. Good to see how things worked from the inside. Gives us all an opportunity to know what to expect when we are able to participate in some of these larger launches from the start.
Thanks
Brett McEllhiney´s last blog ..Affiliate Marketing with Clickbank Pirate – Case Study – Week 3
Eric Bonnici B.Sc. B.A. - Follow this person as @EnergyGeekCa on Twitter
on September 13, 2009 at 11:35 AM
Hi Doug,
Great article! There’s a lot of factors that have made affiliate marketing a whole new game compared to years ago. And it’s still evolving. Today there’s more competition (but more people online than ever to market to), search engine algorithms are changing, social networking sites are evolving, and so on. But you touch on the most important aspect of succeeding. The Power of Free.
It’s true you must give before you receive. And if you give and help people first you’ll build your credibility. They’ll trust and like you because you’ve demonstrated you are a knowledgeable expert through the information you give away. This will lower barriers to sales and help boost your affiliate commissions.
Bottom line what you are doing is pre-selling.
And no matter how much you know about SEO, driving traffic, social network marketing, etc. It’s all a waste if you don’t focus on the most important thing. Your credibility, providing good information, etc.
You are absolutely right The Power of Free is important.
I look forward to your next post.
Sincerely,
Eric Bonnici
Luca Di Nicola - Follow this person as @rsonline on Twitter
on September 13, 2009 at 12:08 PM
Excellent article Doug. The internet is evolving at a rapid rate and we as marketers have to always look at what’s happening online and adapt accordingly. Personally I think that the changes are good because it hurts scammers and get rick quick artist and helps the serious honest marketers. The power of free makes us better marketers.
Luca Di Nicola´s last blog ..Ready-to-sell PLR – Abundance Stimulus Pack
Shelby Carr on September 13, 2009 at 12:13 PM
Excellent information! Free is definitely a way to go as long as you make it quality information for the end user. There’s too much junk floating around the internet that is being given and not enough quality information that a subscriber can use in their own business.
Socrates is an expert to listen to, as are you.
Shelby Carr´s last blog ..Why Should You Use Private Label Rights Products In Your Business?
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Barbara Ling, Virtual Coach - Follow this person as @barbaraling on Twitter
on September 15, 2009 at 11:01 AM
Fantastic approach and one that I have bookmarked for my future launches as well.
I agree with the commentors above too – it begins and ends with credibility. Build that up and you’re definitely on the right track to success!
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