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To carry on from Making Money - Part 1, the second way to Make Money Blogging is by Affiliate Marketing.

What is Affiliate Marketing, and how do you make money from it? It is where you advertise someone elses website details, or product details on your blog, or website. Each time

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

someone clicks on the advertisement, and then ends up buying the product (or maybe just signs up to be a member) - you will get paid the agreed commission.

Some companies pay 75% or more - so you have the ability to make a good income from affiliate marketing - you could make $10

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

from just 1 sale, for doing nothing but placing an ad on your website or blog - and if you have a free blog (check out part 1 to see where you can go to get a free blog), then it's literally money for nothing.

To give you an example of affiliate advertising:

Let's say I was adve

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

rtising www.grizzlynut.co.nz and was being paid $2, each time someone signs up as a member.

I would place something about Grizzlynut on my blog - either a small text ad, a banner ad, or a video ad (the ads are generally provided by the Advertiser so you don't need to worry about m

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

king your own - all you have to do is copy and paste some code into your blog - easy as pie).

Each time someone clicks on my ad, and then goes through to become a member - I would be paid a commission (and the commissions are generally fairly good) .

The affiliate networks track

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

he ads (via cookies etc.), and pay you accordingly. The good thing about affiliate marketing is that the visitor doesn't need to make a purchase on that day - they may decide 2 weeks down the track - "Yeah that was a good buy" and go back & make the purchase. With the right trackin

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

g in place - you will still get paid for the lead!

So.... now that we've been through what affiliate marketing is, how do you go about joining an affiliate program? Well.... there are a number of Affiliate Marketing Networks that bring you a wide range of Affiliate programs (so yo

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

don't need to go to each company individually). Some of the bigger players are:

www.clickbank.com Clickbank is an affiliate network that concentrates primarily on electronic goods (so electronic books, software etc..) that can be downloaded immediately. The good thing (for you)

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

about clickbank is that because the electronic goods are so competitive, most of the retailers offer very good commissions (up to 75%) - so... if you are selling a $100 product - you are going to get $75. Because there are soooooo many different products on clickbank you are sure

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

to find what you are looking for (for example I would just go to the marketplace and type the keyword money in the business section - 57 relevant products would come up - I could place any (or all) of them on my blog). The other good thing about clickbank is that you don't have to

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

apply to individual companies - all you have to do is find the product you want, and about 5 seconds later - it will be on your website. The minimum payout is onlye $US10.

www.commissionjunction.com Commission Junction are one of the most respected, and well known affiliate netw

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

rks on the planet. It costs a fair bit of money to set up a Commission Junction Account, so you mainly get the big players advertising there (such as Strawberry Net, Gate.com etc.). It is easier to make money with the bigger players, because people are more willing to buy from the

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

m (they have a better reputation), which means it is more likely that people will click on any links you provide. You do have to apply to each program/merchants individually (it's very easy to do - basically just the click of a button). Around 95% of the companies reject or accept

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

your website or blog automatically (based on pre-defined criteria such as country, type of website/blog etc.), and the other 5% of merchants will approve your website by coming and having a look at it. The minimum payout is only $US25 (it is possible to recieve this commission rat

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

after only 1 sale).

www.clixgalore.com Clixgalore is very similar to commission junction except that it is much ceaper to advertise on the Clixgalore network - which means that there is a much bigger variety of advertisers. Although it probably depends on the blog or website, a

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

nd people have had varying degrees of success with each of the affiliate networks I have personally made the most money (clicks where people decided to purchase a product) with my Clixgalore account. This was due to the fact taht I find it is easier to link to a direct product wit

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

my clixgalore account, than with any other affiliate network. For example I can promote Oscar Perfume and direct the purchase directly to the web page selling the perfume - rather than promoting the website itself). The minimum payout is US$50 or AUD$100 or UK?35 or ?60.

www.co

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

missionmonster.com.au Once more commission monster is very similar to Commission Junction & Clixgalore. The merchants that use Commission Monster seem to have more stringent requirements that merchants on the other networks. Most of the merchants at Commission Monster are Austral

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

ian based - but you can promote these from any country. Minimum payout is $AU50.00

There are many other affiliate networks, please place any popular ones that you would recommend in the comments. The most important thing to note about the networks is - what works for some people

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

(i.e. clixgalore works for me), may not work for others.

Stay tuned for Part 3 - Writing a Blog for a Specific Company!

Enjoy your money making experience by WRITING A BLOG!

Shirlene If Ya Want to Make Money Working from home

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

Neon signs were first invented in the beginning of the twentieth century. This effective medium of advertisement is considered to be cost effective as their electrical cost is comparatively low in spite of being lit from dusk to dawn. They do not have filaments that can be damaged and can be use for an extended period. These factors make them an economic means of advertising.

What is better evolutionary or revolutionary change? Whilst revolutionary change is often required in an organisation, it can be a sign of poor management that has been unable to instil a culture of evolutionary change.

Direct mail marketing is an effective and time-tested marketing tool that has worked for many companies and individuals for many years. The efficacy or potency of this marketing strategy, however, lies on the ability of the company or business to write an effective and attractive sales letter.

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E-Folder - Making Money Blogging - Part 2 - Affiliate Advertising

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