You can make money by selling products or services on the Web. But what if you have no products of your own to offer?
If you run a popular informational Web site--perhaps a blog--there are several ways to capitalize on the value of your Web visitors and develop a new source of business income. One of the most popular methods is affiliate marketing, which lets you earn money by marketing other businesses' products and services on your Web site.
A new service from PopShops.com lets you create virtual storefronts to advertise affiliate products on your Web site or blog. PopShops doesn't work easily with every type of blog, but it can make quick work of designing and setting up a storefront. The basic service is free; editions with more capabilities cost up to $30 per month.
How Affiliate Marketing Works
Some businesses let you sign up directly with them to sell their products, but many have joined affiliate networks. An affiliate network eases the administrative burden for both the business with something to sell and the information publisher who wants to earn money by marketing third-party products.
As a publisher, when you join an affiliate network, you gain access to dozens or even hundreds of potential advertisers at one fell swoop. Advertisers benefit since they don't need to cut thousands of little checks each month to pay each of the publishers selling their products. They pay the network, which makes one monthly payment to the publishers, accumulating earnings from all advertisers on the network. Generally these networks set a minimum amount that you must earn before they send you payment--for example, if you earn $40 per month and the minimum is $100, you won't get paid until the end of the third month, when you'll get a check for $120.
Typically, publisher earnings are based upon visitor purchases or some other desired action. In other words, the publisher makes money only when someone clicks an ad link on their site and makes a purchase from the advertiser. The publisher's earnings might be either a percentage of that sale or a flat fee.
Some affiliate network advertising merchants are well-known and established businesses, such as Kodak and Panasonic. Others you may have never heard of.
How PopShops Helps Publishers
There are many affiliate networks: LinkShare and Commission Junction are two established ones. Each network has its own conditions for accepting publishers and its own methods for how you must add advertiser links to your site.
The ad-linking requirements can read like so much technobabble to new publishers. That's where PopShops can help. The service integrates with several popular affiliate networks to ease the burden of designing a virtual storefront, selecting suitable products for it, and creating the ad-linking code for your online store.
Once you sign up with PopShops, you can use its Shopbuilder tool to view a list of all advertising merchants it supports. Clicking on an advertiser lets you drill down and view its products. Then you can click on a product to add its image and link to your virtual store.
The ad-linking code for the store is created by PopShops. When you're done, you publish your store by inserting the PopShops code into your Web page.
The beauty of PopShops is how easy it makes creating a store that mixes and matches products from different merchants from several affiliate networks. Currently, PopShops supports five affiliate networks (Commission Junction, LinkShare, Performics, Red Galoshes, ShareASale) with data feeds from over 1000 merchants offering more than 22 million products.
You can set up a PopShops account in 5 minutes, but you're on your own when it comes to creating accounts with the affiliate networks that the service supports.
To join an affiliate network you'll need to do your homework and gather some information. Most networks want details on the number of your monthly site visitors, the content that your site contains, targeted visitor demographics, and so on. Count on spending at least 20 minutes to complete each affiliate network publisher application.
Once your application is approved by an affiliate network, you can enter your affiliate account name into your PopShops account.
Not all advertisers on affiliate networks offer data feeds; PopShops limits you to those which do.
Can You Make Money With Affiliate Marketing?
You must welcome a significant number of site visitors to make money using affiliate marketing. If your site receives just five or ten unique visitors per day, don't waste your time joining an affiliate network or setting up a virtual store; your time would be better spent increasing the popularity of your site and improving its content.
I recommend holding off on affiliate network marketing until you receive at least 1000 unique visitors per month. Even at that level, your affiliate earnings will likely be skimpy. Perhaps you'll earn enough to pay your Web hosting bill with enough left over to treat yourself to lunch. However, your site won't deliver a sizable supplemental income.
Another key element to success is matching the interests of your visitors to the products that you offer in your virtual store. For example, if you publish a blog related to outdoors activities, camping gear may be a good choice.
If your site receives many visitors and you select appealing products and services, affiliate marketing can be profitable. You may earn thousands of dollars each month--I know, because I've done it.
Is PopShops Worth It?
PopShops' basic free service lets you establish up to ten virtual stores, marketing up to 100 products per store. You risk little using the freebie service--just an investment of some time to sign up and then to modify your Web site.
PopShops Pro ($5 per month) can create an unlimited number of shops and lets you add search engine-friendly code. PopShops Enterprise ($30 per month) also lets you manage multiple affiliate IDs, which could be useful if you run several different Web sites. A 15-day free trial is available for Pro and Enterprise accounts.
If you already run affiliate marketing sites and have your ad-linking procedures worked out, I recommend you test the free service to check out PopShops on one site. You can upgrade to a more-capable paid account if you believe the service is worth it.