Category Archives: Affiliate Marketing

Super Split Testing Goodness

I discovered a really cool site today that all you pay-per-clickers are sure to appreciate. It’s a free tool which analyzes your ad data and tells you which one makes you more money!

Sound straightforward, kinda like a no-brainer which you think you already know how to do? Might want to think again. The premise behind this is that most marketers create ad variations, split test, and then the one with the strongest click through rate (CTR) carries on to round 2. That’s a good guesstimate of performance, but at the end of the day, we don’t really care how many people clicked our ad, do we? We care about how many people performed the required action! So we really need to take conversions into consideration too.

So how do you do the math to get a useful result out of all the numbers? Glenn Livingston from Super Split Tester has created a cool tool to do it all for us. Simply enter in your numbers and it will tell you, along with a confidence interval, which ad actually adds more to your bottom line. You might be surprised, the ad with the lower CTR might actually produce more sales per thousand impressions than your previous star performer!

Here’s Glenn’s video explaining the tool.

Trusted Gurus – Do They Exist?

I was searching for something online today (I can’t even remember what) and somehow I came across TrustedGurus.com. I read the (non)sales letter and signed up for their forum (its free, they’re not actually selling anything).

It looks like a great idea. The premise is that the forum members will comment and vote on “trusted gurus” in various industries. The only people allowed to vote are those who have actually purchased a product from a guru, and are thus qualified to properly and impartially review it.

Currently the only gurus that are listed belong to the internet marketing industry.

The reason this site caught my attention was partially because the post I recently wrote about Google Snatch 2.0, and how I was quite disappointed with it, was still quite fresh in my mind. A site that provides a trusted, impartial, third party opinion as to the credibility of these gurus could be quite valuable to those of us who habitually (compulsively? hmm… fodder for a different post) spend thousands each year on info materials.

The site is not selling anything at all, has no affiliate links, and is not out to make a profit in any shape or form. You can read it all on their homepage. Their sole purpose is to bring some credibility to some of these guys out there. I think the more people that get involved with this project, the better it will become.

Are there any “gurus” that you trust implicitly? Meaning you’d buy pretty much anything they came out with, without even reading the sales letter, you just knew it would be that good? How about people you would avoid at all costs? If so, please leave a comment below.

Currently there aren’t that many people active on the forum, but I’m sure it is growing, and I think the idea is a valid one. Why don’t you go check it out?

The Value Ladder Approach to Affiliate Marketing

These days it seems like there is no shortage of review sites out there, promoting this product or that. I recently had the opportunity to listen to Russell Brunson on a webinar and he was talking about a different spin on the old trick. It was new to me anyways, so I thought you might benefit.

The idea here is that you pick the affiliate product you’re going to market. I’m assuming you have an idea how to pick a decent product, if not let me know and I’ll post about that later on. So, assuming you’ve chosen a decent affiliate product to promote, the next step is to find out how it fits into the value ladder.

The Value Ladder

Russell talks a lot about his value ladder. In brief, the steps are as follows:

  1. Some sort of freebie
  2. Some sort of text based ebook. Could be free or cheap.
  3. Audio based version of the same thing. Could be worth a bit more.
  4. Video based version of the same thing. Again, worth more.
  5. Home study course developing the niche a lot further.
  6. Seminar, could be a webinar.
  7. Workshop. At this point we’re talking about in-person events.
  8. Live coaching.
  9. Direct one on one coaching with yourself.

That’s the value ladder in a nutshell. I know, you’re sitting there thinking, how could I possibly get all that going for me? Well, it takesĀ  quite a lot of work, and the good news is, you don’t have to have it all working for you to take advantage of the concept.

So you’ve got your affiliate product, (note the affiate product – you don’t need your own product to make this work), the next step is to figure out where on the value ladder your chosen product sits.

Let’s pick a mid-level internet marketing how to product for our example here, just because there are so few of them out there ;-) . Let’s call it Affiliate Cash Grabber. It is an in-depth guide to affiliate marketing, and it really has a ton of great ideas and content.It is a mixture of video and ebook.

The first step is to see if you can get a copy of it for free, from the author. Try the WHOIS information on the site the sales page is listed on. You should find a phone number there. Give it a try. Barring that, you can try the contact email.

If you’re utterly unsuccessful at getting a free copy of the product, but you really want to promote it, you might want to consider buying it yourself. Use your own affiliate link, so it doesn’t cost you much. If the product is on Clickbank, you can ethically use your own links as long as your account has processed sales from more than five different credit card numbers. Don’t do this on a brand new account, but rather from an established account you’re using for other sales.

Sit down and immerse yourself in their product. Chances are you will learn something you never knew before. Take notes. After you’re done, create your review product. This will be essentially a Cliff Notes version of the product. You can talk about what you learned, or how you think this could be applied, or how you know this is going to help your own business, or whatever. You get the idea.

Depending on where the product is on the value ladder, you want to create a product that is one step down on that same ladder. Now, because Affiliate Cash Grabber (I hope that isn’t a real product) is both video and ebook, you can pick what method you want to use. Video might be a good choice, because it is perceived as higher value, and it might take less effort to create a quick review on video than to produce a written report. Take your pick.

Once you’ve decided, you create your product and use that as your giveaway on the squeeze page. You then upsell from that free product to the real deal. It is a lot easier to sell to someone who has already “done business” with you, even free business, than to get someone completely cold to drop their MasterCard on the digital counter.

Alternatively, you can use a service like Traffic Geyser to upload your review video to a ton of different video sharing sites around the internet. If you do this, make sure you put a title in your video somewhere, showing people how to find your site.

So there you have it, the Value Ladder approach to selling an affiliate product in a nutshell. Once you’ve got everything set up, you’ll still need to promote your site in the usual fashion, however this method should give you a good edge over the competition.

Video Marketing on Steroids – Traffic Geyser

As promised, here’s a post exclusively on Traffic Geyser for your enjoyment. (Having said that, I hope you enjoy it!).

For those of you unfamiliar with Traffic Geyser, it is a really cool bit of software that allows you to submit a video clip to over 40 popular video sharing sites. It also strips out the audio and submits that to podcast directories. You can then attach keywords and a description to the video, and the idea is that it very quickly gains top rankings in the search engines, piggy backing on the popularity of the major social networking sites. Ideally, you target low traffic keywords, so you still really need to do your keyword research.

I signed up for Traffic Geyser a few months ago, and here’s my experience with it so far.

I didn’t have a product of my own to promote, so I simply picked an affiliate offer I was promoting to use as a guinea pig. I made a short (1:30 min) video about the product (its a financial product). The video was literally the cheesiest thing you’ve ever seen; I basically went to the their application form online and did a Camtasia screen capture of it while talking the viewer through a few key points. I then told them to go to my website, where I’d setup a special landing page for the video so they could then apply for themselves. It was the same landing page I’ve used in PPC campaigns promoting this product, just tagged with a different SID. At the end of the video I simply put my URL on the screen for a few seconds.

Now, I submitted this video about three months ago. Within a day or two, I already had one or two first page hits. I think DailyMotion.com was the first up. Anyways, just to check on this, to make sure it is current and good info for you, I just typed in my keywords while writing this post, and today, three months later, I own positions number 3, 4, 5, and 9 on the first page for my money making keyword. Interestingly, DailyMotion is no longer on the first page (I didn’t look past page 1) but YouTube is now in #4, and Technorati has scraped the video from YouTube and is #3. Also, some blogger has scraped my YouTube video and posted it on his site, so it is gaining even more exposure. His page is #5. How fun is that? My own page is number 9.

Anyways, Traffic Geyser costs around $100 a month, but I’ve been watching it closely and this short video has pretty much covered my costs for the last three months. In fact last month left me with a few bucks leftover. Now all I need to do is start creating more videos!!! (Don’t ask why I haven’t done that yet, I haven’t figured it out either.)

All that to say that Traffic Geyser is well worth the money, and if you only put a tiny bit of effort into it, you will reap the rewards.

The cool thing is that you really don’t need your own product to benefit from this. It applies just as much to affiliate marketing as it does to marketing your own products online. It is basically a great way to drive targeted, interested traffic to your site, for free.

Oh, I should mention that the biggest drag about using this software is you have to create accounts for yourself for all the video sharing sites. I only created accounts for about half of the sites, the ones I knew best and figured had the most starpower. It took me a couple hours. Alternatively, you can pay to get a complete set of accounts made for you by Traffic Geyser. It’s probably almost worth it. Once your accounts are created though, you can save the profile so you never have to enter that info again.

I’m planning on creating more videos pretty soon, I’ll keep you posted on their success!

Affiliate Incubator 2008

Apparently fall is conference season if you’re into marketing. Dan Kennedy is doing his InfoSummit 2008, Armand Morin just announced his BigSeminar 12, and Russell Brunson and Stu McLaren are co-hosting the Affiliate Incubator. I’m sure there are many more happening, but I’m not on everyone’s mailing list =).

I’ve been involved in Russell’s mentoring program for a few months now, so I kind of get the inside track on their information. Kind of like an early warning system. Anyways, I’ve just registered for the Affiliate Incubator in September, and it looks like it is going to be a great seminar. It’s completely geared towards affiliate marketing, covering the usual topics such as traffic generation, pay per click, etc, but from new perspectives. I’ve been following many of the presenters for quite a while now and I know they’ve got tons of great strategies up their sleeves. I was on a webinar yesterday by Stu and Russell and the info they gave away there was really great stuff. A lot of new stuff I hadn’t heard before, and that was only the teaser for the seminar!

For instance, Mike Koenigs and Frank Sousa are the guys behind Traffic Geyser. Traffic Geyser is a really cool bit of software that allows you to submit a video clip to over 40 popular video sharing sites. It also strips out the audio and submits that to podcast directories. You can then attach keywords and a description to the video, and the idea is that it very quickly gains top rankings in the search engines. Ideally, you target low traffic keywords, so you still really need to do your keyword research. In fact, Traffic Geyser is so cool, I’ve just decided to do a post specifically on that. Look for that in the next day or so. Mike and Frank are truly video marketing experts, and video marketing is one of the biggest new waves to hit the internet in the last year or so.

I’m looking forward to what the creators of Traffic Geyser have to say, but the other presenters are also top of their field as well. Russell and Stu are both presenting, and what they have to say is worthy of their own posts. Look for that soon. Then there are a few “Mr. X” presenters that are being billed as revolutionary and controversial. All in all it’s shaping up to be a great seminar full of incredible new tactics that I’m really hoping will help explode my business.

So anyways, I’m going to Affiliate Incubator 2008 (Sept 25-27). If you’re planning to go as well, leave a comment below and perhaps we can meet in Dallas!