Sunday, April 12, 2009

How much can I expect to make with affiliate marketing with my food site?

I am about to launch a site that has lots of quick cooking lessons, as well as recipes, product recommendations, secret ingredients, etc. I will of course link to all the online food stores, equipment makers, ebay, etc.

My forcast is for several hundred hits a day, but possibly thousands.

Can anyone give me an idea of what I can expect?

Thanks!


Is this your first experience with affiliate marketing? From talking with other marketers and my own personal experience, affiliate marketing is a lot more difficult than it would seem at first glance. How much can I expect to make on an given affiliate marketing product is certainly a good question to ask. Unfortunately, it is not an easy question to answer.

There are many variables to consider as I would try to answer the question for myself, if I were in your place right now.

The first question I always ask myself is, "would I buy the product at the price listed?" If I would not buy it at the price, I have to ask myself "How much of a market is there for this product?" Obviously, I can't make money with affiliate products unless someone is willing to buy it.

I also want to know some background about the company and their financial and management history. If I am going to spend my time and money to promote a product, I want to know the company will be around for a long time.

If everything is fine so far, now we need to define exactly who makes up the target market or markets we want to reach and we need to know where the market segment spends their time on line. Even though we might say everyone should be interested in food, not everyone would be interested in cooking lessons and recipes.

I have listed only a few of the variables which will determine how much, if any, money you will make with a given affiliate marketing product or program. Others like your web site, well written marketing letters, advertising, followup and how many other people are marketing the same product or program, will also greatly affect how much you will make.

Once you put together the answers to all of these questions, you may still not know how much you will make, but those answers should give you a much better idea about whether or not you can make a profit with this venture.

I hope this helps. If you care to discuss this further, feel free to contact me through my 360.Yahoo site.

To Your Success.

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