ADM's 100 Days Challenge Review
Date : 4th July 2020
Review of Day #3
Since Friday was a weekend in Qatar and myself living in
India, it was weird to have a free day in between. It will be weirder to have a
class on Sunday too.
3rd session of ADM’s 100 days digital mastery
challenge was an awaited one. Mr. Shan had made a lot of promises for this
session in Day 2 od Asheghar Digimentors Digital Master. Mainly, it is because
he had assured to talk in detail about Affiliate Marketing Strategies, which he
himself vouch for as an assured income strategy.
So I was enthusiastic enough to attend the session giving my
cent percent attention. Mades some tea, setup my Laptop, and got ready for the
3rd session of .
And I am glad to say, my attention was worth it. He started
off with basics of Affiliate marketing and its possibilities in the existing
online marketing scenario. As for me, one who has been wondering about how to
start implementing the ideas, mottos and strategies Mr. Shan has been talking,
this seems like a good place to start working toeards. Unlike my usual self,
where I doze off to anything important being taught, even I am surprised I sat
through the whole session with complete ‘consciousness’. Well, That is one hell
of a feat Mr. Shan. Congratulations unto him. *claps* My tutors will be proud.
And here we go with the highlights of the session
He started the session with the possibilities of Affiliate marketing.
Introduction with Affiliate World Asia, an international conference of Affiliate marketers was great. Easily made us understand about the huge market waiting with full of opportunities.
What is Affiliate marketing?
In Affiliate Marketing e-stores, we are simply providing visitors an easy way to find the product they are looking for at best price by checking multiple retailers at once.
It is basically a relationship between Advertise, Publisher and Consumer.
When a customer makes a purchase from that website, we earn profit, commission, advertisement fee etc.
Different types of affiliate commissions would be CPC, CPL, CPM, CPS etc. based on different company's policies.
Advantages of Affiliate Marketing
- Basically its stress free.
- We do not take money directly from customers.
- No need to worry about legalities or registrations.
- We only need a personal bank account and ID card in most cases.
How to start an online business without an investment?
Well, the best option to start an online business with no
investment. Affiliate marketing would be the best place to start with optimum revenue.
Affiliate Program in India
Things required to start affiliate marketing
4. The action
- Set up your website
- Domain name
- Customised logo and branding
- Email address
- Content
- Search engine optimization
- Social media
- Bank account preferably Paypal account
Affiliate Marketing Strategies
How to find affiliate program
It is fairly easy to find and associate with affiliate
programs online.
Most of the branded companies will have a subdomain for
affiliate programs.
This can be found usually in the footer section of their
websites as seen in Qatar airways website ‘Become an affiliate’, or in amazon
or flipkart.
The commission scheme and the affiliate policies might not
be publicly published in the site.
You can usually get access to it by signing up yourselves to
become affiliate for free.
Almost all affiliate programs seen online are free of cost.
Or else it is not recommended.
To have enough income potential with your affiliate
programs, it is recommend to work at least 10-15 hours a week on it regularly
by implementing and monitoring strategies and techniques.
Affiliate networks
Affiliate networks are websites or companies that bring
together multiple affiliate programs under one platform. Some of the popular
affiliate networks are linkshare.com, clickbank.com, clicknak.com etc.
These platforms help us with a number of services to manage
the affiliate prgrams and commissions we are associated with and helps in easy
handling for a minimal commission.
ADM Affiliate Program
Asheghar Digimentors or ADM has its own affiliate program that can
be accessed through the website footer option ‘Become an affiliate’.
Sign up here to become ADM affiliate https://adm.leaddyno.com/
Shan's Strategy for Affiliate Marketing
MIX and MATCH (Strategy 3/100)
The best way to optimize your profits will be to use the mix
and match strategy. This is a TWO star strategy with guaranteed results. The
following important strategical tips should be mixed and matched tactically to
maximize the effectiveness.
- Long tail keywords (Strategy 4/100). It is important to remember strategy 1/100 High demand/Low competition
- Comparison between products and availability of wide range of options
- Content and SEO
- Loyalty rewards
- Coupons
- Email marketing
- Syndication
- Social Media Campaigns
- Social media influencers
- Incentives
- Offline methods
- Communication
Automation strategy (Strategy 5/100)
Automated online business bundle
Automation, automated tools and automated business bundles
should be clubbed with affiliate programs to maximize the benefits.
The Automated Online Business bundles should include :
- Websites
- Landing page
- Funnels
- Plug Ins
- Add ons
- Automation as in CPO, CRO etc.
- Digital products
- Private label products
- Call to action schemes on homepage
- Monetization using various methods as in Google Adsense, Sponsored posts, Crypto mining etc.
- Paypal, Payoneer and methods to accept crypto payments.
- Syndication
- Social media influencer relationships
- Campaigns
- Spytools to get information about the current campaigning strategies implemented by different companies.
- Funnel Tracker and remarketing
- Social Media strategies
- Employing Professionals or Consultants
EXIT PLAN
Every business needs an exit plan. Mr. Shan talked more than 15 minutes about the importance of having a definite exit plan for a business.
Website Flipping
As for Affiliate marketing, the best exit plan to have would
be, Website flipping. Website flipping is basically the process of buying a
website, working on it, improving it and finally selling it for a better price.
In conclusion, As I said earlier, this session brought me the perspective as to where to start in this huge world of Online marketing. Also how much work I should put into this to achieve something good as 100 dollars per day. I do know its not that easy to implement all these tricks and tactics all at once and wait for a quick result.
The summary I gave above is a diluted version of
what it really is. And what is it really? I hope I will find the answers to it
in the upcoming days. As of now, I think I am committed enough to go ahead and
complete my 100 days digital mastery challenge. Didn’t have much expectations
about the program once I started off. Having even very little understanding
about something can increase our demand.
It is becoming an even harder job for Mr. Shan to keep the
spirits up once the attendees’ have an increased demand owing to their
increased knowledge about the field.
Let's see how much he succeeds......
Stay tuned.............
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