Affiliate programs are one of the quickest and easiest ways of making profits online. But if you don’t market effectively, they can also prove to be the black hole that sucks away all your money and effort.

Affiliate programs work in two ways to make you money: they can be used as a full-time career option or can be used as a supplement to beef up your main income. Your aim should be to start slow and then make your way to bigger bucks.

Affiliate marketing is a source of multiple streams of income. You can choose to be a product producer with an affiliate program or you can take the easier route and just become an affiliate yourself.

You can promote as many products as you want. You can choose a single-tier program or a multiple-tier program.

All of these factors decide the amount of money you make. Most of the affiliate programs you see are single-tier. You sell a product and you earn a commission on it. End of story.

In two-tier programs, you earn a commission when you refer someone else to your website. When that person sells the product, you will earn a smaller commission on that too. So, you earn every time the people below you make a sale. These programs are comparatively rarer.

What should you do to become a top affiliate marketer?

• Do build a base: Your first step as an affiliate is to set up shop. That means you have to set up a website or a blog. This is the place where your customers come to find you and your affiliate ads. The easiest way for you to kick-start your program is to set up a blog through a reliable free blogging service. You can have several websites or blogs recommending your products.
• Do select your product carefully: Select a product through one of the clearinghouses like ClickBank.
• Do track your efforts: Ideally, you should not have to spend all your time tweaking your affiliate links or strategies. You must invest some time in tracking your efforts and maintaining links.
• Do choose a catchy name: The name of your blog should be short and catchy, so people can internalize it quickly and remember it at will.
• Do put up your affiliate links carefully: Remember, these links are the lifeblood of your income. Get them wrong and you’ll be throwing good money out of the window, literally. Copy and paste the text of your links carefully.
• Do drive in traffic: Being a super-affiliate is all about being able to drive in hordes of traffic. You can use multiple websites or blogs to drive traffic your way. Increase your web presence by starting an eZine through popular eZine creation websites. Feed your websites with fresh content using RSS feeds.
• Do use social networking: Social networking is the hottest item online, as of today. With a nice profile in sites like MySpace, TagWorld and others, you can drive traffic to your blog. Use search engines effectively to build up your web presence.
• Do use viral marketing to improve sales.

In my next article, I will be discussing something that is rarely talked about. Nevertheless, it is one of the most powerful tools available to affiliates to attract volumes of traffic - a well-written sales copy.

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