Successful Affiliate Marketing With Online Forums

Posting to relevant online forums is a tried and tested way of successfully marketing a product or service you are promoting as an affiliate and remains a popular technique with people who are serious about their Internet business and establishing their online reputation.

Forum posting should be an integral part of your overall marketing plan.

Online forums are a type of social networking site, but unlike many such sites, online forums are places where people regularly participate.

Often this is two to three times a week and may even be on a daily basis. They ask real questions because they want a solution to their problem or they want to make a helpful contribution to the discussion taking place.

Why you should participate in online forums

As a marketer promoting a product or service as an affiliate, there are two main reasons for forum marketing:

The first reason for posting on forums serving the niche or market segment you are targeting is that your readers are already interested in your topic. They are a warm market, so there is no need to “qualify” them as you would have to with writing free reprint articles. Prospects from a warm market are much more likely to make a purchase than unqualified leads.

The second reason is that your signature can contain a link back to your website. This is the equivalent of your resource box in article marketing. Your goal is to get the prospect to go to your website. It is there that the selling is done, not on the forum.
Forum commenting to promote a product or service as an affiliate is free, but it does take time and some effort on your part as it must be done in a subtle way.

Each forum has its own rules and has an etiquette to follow. Most online forums are moderated. That means your post will

have to be approved before it is published. Overtly promotional posts are unlikely to be published.

Take a little time to view some potentially suitable forums to get a feel for them and check out their rules.

How to promote your affiliate product or service

Forum marketing takes time, not only to do, but also before you will start to see the fruits of your labours. The following five steps will set you on the path to forum marketing success:

The first step is to select one or more suitable forums in your niche.

It would be a good idea to only join one forum if you are just starting out in this type of marketing. You can join other forums when you have become established in the first forum. You will, however, need to follow the remaining four steps, but they will be second nature to you by then.

To find suitable forums, make an Internet search for your niche + “forums”. For example, “Type 2 diabetes forums”.

The second step is to sign-up and complete your profile.

Make sure your forum signature includes a link to your website. If the forum allows it, include a good photograph of yourself. Properly and fully completing your profile is important because many forum members will view your profile. Putting a face to your name will help you stand out from the crowd.

The third step is to introduce yourself to the forum.

Most forums will have an “Introductions” section, which is designed for this very purpose. Don’t just say “Hi!” or “Hello forum”, give it a bit of thought. Explain who you are and why you joined the forum (for example, to give and receive advice and offer assistance to other forum members).

The fourth step is to add value to the discussions in the forum.

You need people to notice you. You will need to post regularly for that to happen. If they notice your posts, it builds trust and they will also see your links. After you have created a great, informative topic or insightful reply, you will see your profile count grow and your signature URL clicks follow.

Establish yourself as someone that is there to improve the community.

Do not post unless you can add value to a conversation. This is where most people fail with forum marketing; they only post to get their links published. Spamming the forum will very quickly get you banned and all your posts removed.

The fifth step is to build up positive feed back.

Most forums have a feedback system. Give positive feedback to other posters. It will be reciprocated if your contributions benefit the forum.

Positive feedback helps to establish you as a reputable member

of the forum. Better still, if someone is looking for the product or services that you offer, they will come to you, over a new member with no reputation. So, don’t let this golden opportunity pass you by.

Don’t log onto a forum, make a post, and then stop posting just because you haven’t been successful in attracting visitors to your website. The key to successful forum marketing is to be regularly involved. Aim to post at least two to three times a week. This should start to build up your overall credibility.

Online forums are a good place to establish your expertise in your subject and to build a relationship of trust and confidence, not only with other members of the forum, but also with forum visitors. Adding value to the forum and receiving positive feedback help establish your good reputation.

People prefer to do business with people they know and trust and will follow the link in your forum signature. This, after all, is why you are doing forum marketing.

When the visitor reaches your website:

give them even more helpful information;
provide a cogent reason for them to join your mailing list; and
make sure you tell the visitor what you want them to do.
They may not buy the product or service you are promoting on this visit, but you can keep in contact with them by email to continue building your relationship with them.

Use your forum marketing to establish a relationship of trust and confidence,which your website and regular email communications further develops into a long-term relationship that benefits both you and your prospective customer.

Hiring An Auction Company

Estimating your assets value:

Typically, one of the first questions a business owner will ask me is, “how much will the assets bring at an auction”. After taking the time to review the assets, the auctioneer should give the client a conservative estimate of the sale based upon his experience and the current market trends. It is important that the company give realistic expectations so the seller can make informed decisions based on their best interest.

Compensation and Expenses:

Is the company you are considering working for you or against you? The agreement you decide may determine this.

A business owner should carefully consider how the auction company is compensated. The most common commission structures include: straight commission, outright purchase of assets, guaranteed base with a split above to both auctioneer and seller, guaranteed base with anything above going to auctioneer or a flat fee structure.

In a straight commission structure, the company is paid an agreed upon percentage of the total sale.

In an outright purchase agreement, the auctioneer simply becomes your end buyer. The company purchases your assets and relocates them. While this can be an option in some unique situations, keep in mind that they will want to purchase your assets at a very reduced price to make a profit at a later date.

In a minimum base guarantee, the auction company guarantees the seller that the auction will generate a minimum amount of sales. Anything above that amount either goes to the auction company or split with the seller. While a seller might feel more comfortable doing an auction knowing that he is guaranteed a minimum amount for his sale, keep in mind that it is the best interest of the auction company to secure a minimum base price as low as possible in order reduce their financial liability to the seller and secure higher compensation for the sale.

In a flat fee structure, the auctioneer agrees to show up for the sale and call the auction. There is no incentive for the auctioneer to get the best prices for your assets. The auction company is compensated regardless of the outcome of your sale.

What is the best option for business owners? In my experience, an agreed upon straight commission structure. This puts the responsibility on the auction company to offer the best outcome for everyone involved. There is an incentive for the auction company to work hard for both parties, set up and run a professional sale, get the highest bid and sell every item on the inventory. Successful auctions translate to a higher bottom line for both the seller and the auction company.

Auction Expenses:

In most auction agreements the expenses to conduct an auction are passed to the seller. If the auction company pays for the expenses, it is simply absorbed in higher commission rates.

All expenses should be agreed upon in advance in a written contract. Typical expenses will include the costs of advertising, labor, legal fees, travel, equipment rentals, security, postage and printing. A reputable auction company will be able to estimate all expenses based upon their experience in previous auctions. An agreement should be actual costs charged as expenses, not an estimated amount.

Advertising is typically the highest cost in conducting an auction. The auction company needs to set up an advertising campaign that will promote the sale to its best advantage and not overspend to simply advertise the auction company.

Once the auction is complete, the auction company should provide a complete breakdown of all expenses to the seller, including copies of receipts within the auction summary report.

Buyer’s Premium:

What is a buyer’s premium? If you attend auctions regularly, you are very familiar with this term. The auction company charges a fee to the buyer when they buy an item at auction.

The buyer’s premium has been around since the 1980′s and is standard auction practice. It was first used by auction houses to help offset costs of running brick and mortar permanent auction facilities. Since then, it has spread to all aspects of the auction industry. It is prominent in online auctions and allows auction companies to cover added expenses incurred from online sales.

It is the responsibility of the auction company to provide clear disclosure of the buyer’s premium to both the buyers and the sellers. Those not familiar with auctions are often taken back by the buyer’s premium. They looked upon it as an under handed way for the auction company to make more money. Reputable auction companies will provide full disclosure within the auction contract, advertisement and bidder registration.

Typically, an auction company will charge online buyers a higher buyer’s premium percentage than those attending an auction in person. Extra fees are incurred with online bidding and are charged accordingly to online buyers. This provides the seller a level playing field for both online buyers and those attending the auction in person. Without the buyer’s premium, there is no way to do this.

Pre-Sales:

We’ve all been there. We’re looking forward to attending an auction only to find that some items were sold prior to the auction date.

As an auctioneer with over thirty-six years of experience, I can honestly state that pre-sales will hurt an auction. When a company decides to liquidate their assets, it is easy to sell off high-end pieces of equipment through online sources, equipment vendors or to other businesses. The seller receives instant cash and avoids paying a commission to an auction company.

Auctioneer’s find themselves appearing to acting in a self-serving capacity when potential clients say they are planning to sell off parts of their inventory prior to an auction. It’s hard not to consider the auctioneer’s commission when they warn you not to pre-sell anything. Yes, the auctioneer wants to earn a commission on those sales but it is more important that the auctioneer protect the sale from potential negative backlash that comes from pre-selling. The buying public knows when an auction has been “cherry picked” prior to the sale and it reflects in their bidding. It becomes a sale of “leftovers” and that impacts prices.

A buyer who purchases prior to the auction usually does not attend the sale. They already bought equipment at a good price with no competition. If they do attend the auction, they tend to let others know of their great pre-sale purchases which again, impacts prices and the overall excitement of the sale.

It is important to understand that auctions work best with a complete inventory. You want competition on your higher end equipment. The easy to sell items make it possible to gain respectable prices for hard to sell items.

When a business owner decides to liquidate their equipment assets, there is only one opportunity to do it right. Hiring a reputable auction company will assist you with a professional, orderly and timely liquidation.

Selecting a Topic for Info Product Creation

Selecting a topic for info product creation is just one small piece of the puzzle of this business. The Internet generally feeds off that which you produce in your blogs and videos. Unseen components known as search engine crawl billions of sites on a daily basis due to fresh content being published throughout the Internet world.

Consider content, as just an idea. We all had those thoughts of something spectacular that we could build upon today or the future. The same thought could bridge to streams of content when you’ll let yourself to take action & will not second guess. You don’t have to get it right, you just have to get it going. Meaning, don’t try to be perfect while mastering this skill. Sometimes working backwards can move you forward a lot easier. It will also make creativity process flow smoothly. It gives you a focal point to work from instead of having to create from a blank piece of paper.

One of the best ways to start creating content online or get ideas is to read books. Though you don’t necessarily have to read the entire book but taking a simple page or paragraph can help you get into the process of brainstorming your ideal topic. Search for the partial phrases and you will find a variety of topics and subjects. These are articles that people are interested about so look at them and see what topic people are looking after. Pay attention to summary sentences. Also pay attention to the titles since they’re normally made up using certain targeted keywords.

Compelling content inspires reader to take action. It makes the reader desire to change, share, try new things, or discover more. So be interesting, different, controversial, humorous, stunning, emotional, and dramatic. Go beyond reader expectations through evoking an emotional response. Offering your information in more than a just-the-facts-ma’am style helps to set your site apart from the countless other blogs and websites on the market. Giving useful information is one of the best ways to attract readers. Become the first to report about new techniques or concepts in your niche. Provide fresh angles to common topics. Push past merely informing your readers, shed light on them.

Info product creation can make its readers think. Get them to do something and cheer them along the way. Persuasive content will generate most desired response from their readers. Have an opposing opinion to conventional wisdom. And instead of covering every angle and aspect of a topic, leave a little wiggle room in your articles. Being yourself includes utilizing your unique voice on the screen, getting personal when best suited, letting the readers identify with you, branding yourself, as an authority in your niche, and interacting with readers through comment areas, forums, and even email.