Have you embraced the money making power of Yahoo Answers yet? If you’re reading this then you probably haven’t.
Firstly, let me tell you that last week my friend made $1000 from answering questions on Yahoo Answers. Not bad eh? Just remember that whatever you do on the internet, in order to make money, you have to sell something. This is true, not just for internet business, for life in general. At a regular job, you are selling your time and skills in exchange for money. On internet, you are either selling your web-space for advertising or selling some type of product (your own or somebody else’s does not matter).
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Lets look at why Yahoo Answers is an Affiliate Marketers dream & it’s for one reason only:
People are asking questions because they want your Advice.
If you can find that person a product or service that will answer his or her question, then you did service for both parties involved. Then you will be rewarded with some gains for yourself, monetary or otherwise. So what if someone is asking “What’s the best mortgage for me?” then you’re pointing them to a Mortgage Company via your referral link?
My friend has been experimenting with what works on Yahoo Answers last week:
1. Mortgages
2. Personal Loans
3. Credit Cards
4. How To Ebooks
5. Ringtones
Azoogleads perform quite well along with Clickbank (CB). Good thing about CB is that you have a referral link you can drop for just about any type of question. He also has experimented with Share-A-Sale (SAS). CB outperformed SAS but we think that it was due to the nature of products being offered at each affiliate network since CB offers more informational products while SAS directs you to a merchant site, not a particular product.
What’s the best music site to download from? Then drop a nice link from one of those Music Download offers. Easy.
Which hosting company offers best value for beginners? Offer them one of your affiliate link for a hosting company.
In order to convert you need to give a good concise answer to the question. You need to give them an honest answer that anyone can easily understand. Then you can point them in the direction of your affiliate link for “more information or great source that they need to check it out”. You can’t just jump in & drop your referral link. Give a good answer, gain the trust of the Questioner & you’ll have yourself a conversion.
Even if you don’t want to drop affiliate links you can also “Cite Resources” & drop the links to relevant sections on your own sites. Thus getting some link equity in the process & appearing “less spammy.”
So check it out, it’s an absolute GOLDMINE if you do it right.
My friend not experienced anyone reporting any of my links for spam or anything like that. The key is to appear as genuine as possible, He also try to answer questions in different categories so the same people don’t see him dropping links all the time. Another added benefit of giving best answer possible is that you will gain authority. As you gain more authority, you will be given more freedom and precedence over other so called “Yahoo Answer Experts”.
Just keep this about Yahoo’s Guidelines in mind when using this method:
NO COMMERCIAL ACTIVITY: You may not post URLs for the purpose of directing commercial activity to a non-Yahoo! site.
He has also been pretty successful with Squidoo Lens as well as Ezine articles and Answers.com using very similar method.