Continuing with the recipe blog scenario, I'd be comfortable with that because it has tons of potential to market a variety of products: pots, pans, cooking utensils (like particular measuring spoons or spatulas), kitchen appliances (like handheld mixers or crockpots), specialty foods (recommend a specific oil that is hard to find – link to it at Amazon), aprons, cookbooks, cutlery sets, bakeware – this list goes on and on. I love niches like this that have few limitations on what you can market and tons of potential merchants to partner with. I've already discussed how to make money from a blog once you can confirm there are things you can market.
The most popular gadgets at the moment always seem to revolve around the mobile phone. Even though a gadget may be trending today, then gone the following month – another invention always pops up to take its place. Manufacturing companies are always looking for ways to improve current designs or come up with completely new ideas to make our lives that much better.
You will notice that this site does try to make some money with Adsense, but the banner ad at the top is an affiliate ad (through Commission Junction) for Fastweb. I just logged into CJ.com to see how much FastWeb pays – its looks like only $0.80 per lead – OUCH! This is really low. This website owner also trys to promote fastweb in the articles – but no Adsense. I think they should be focusing more heavily on Adsense within the content of their articles to increase their income. My guess is that this site earns almost $.80 on average per Adsense click (which is MUCH easier to get than a lead).
So how much is this affiliate earning from these links? If you click on "No Nonsense Body Building" you're taken through to the merchant site. If you then scroll to the bottom of the page you'll see the 'affiliates' link to the affiliate program page. If you follow this, avoid the popup box and wade through the sales pitch for the affiliate program you'll see that the merchant pays 75% commissions on the product, which costs $77, netting the affiliate $53 per sale. You'll also see there is additional revenue to be gained from up-sells and one-time offers.
generic keywords tend to have high search volumes, but they also tend to have high competition or low buyer intent. They're good to target as part of your overall strategy (just don't try to compete on PPC campaigns). Long-tail keywords, like "Fat loss for mothers" are generally more specific, have higher buyer intent and could be effective drivers of traffic to your site. =) They should be the primary focus for your SEO and marketing.
Products are now put in a category. The commission will be based on the category each product has been placed in whether or not the category is correct. For instance, I had a sale for a child riding toy tractor. Instead of it being in toys category which would have only earned me 3%, it was actually placed in lawn and garden category which I then actually earned 8% instead.
That’s all there is to finding a niche for affiliate marketing. As you can see, this step does take quite a bit of time. It’s really important, because once you decide a niche, you’re going to be putting a lot of work into that site. It makes sense to make sure that you find a niche that has sufficient demand and that you can easily monetize. Thanks for watching this video. I’ll see you in the next one.
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NomadicMatt.com is similar to MuscleForLife.com in the fact that Matt Kepnes took his passion and turned it into a legitimate business. If you plan on starting a site in the travel niche, Nomadic Matt's blog is probably a resource you'll be taking a look at pretty frequently when you are analyzing your content. He has capitalized on his traffic by self-publishing a number of books. He's gained credibility by several media appearances, which I'm sure helps his book sales, and helps him get really high-quality and Natural Links.
With website builders, you get what you pay for. While they have plenty of free templates, more professional-looking websites will always cost more money. However, this investment could be worth it, especially as a website is one of the few startup costs for affiliate marketers. The social media profiles you develop are dependent on your niche and target market.
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I have far better luck when I incorporate affiliate links into the body of a post. For example, if I’m writing about editing tips, I’ll mention that I use Grammarly and include a link like this one so that readers can try it out for themselves. However, you don’t want to be too spammy about this, which is why I think it helps to focus on products that you know and use and think will be of value to your readers.
File-Sharing: Web sites that host directories of music, movies, games and other software. Users upload content to file-hosting sites and then post descriptions of the material and their download links on directory sites. Uploaders are paid by the file-hosting sites based on the number of times their files are downloaded. The file-hosting sites sell premium download access to the files to the general public. The websites that host the directory services sell advertising and do not host the files themselves.
Taking the financial analysis a stage further, think about the potential profits you can make from each affiliate sale. You’ll have to sell hundreds of low priced items to make a reasonable return, and it may be better to promote premium products where one sale could generate hundreds of dollars. For example, an ebook on cat breeding tips might generate five dollars in commission for each sale. An ebook detailing a profitable gambling system might sell for ten times more and net you much higher commissions.
I’ve already tried and discarded some of these on the list. Others I haven`’t heard of, so I’ll look into them. I’ve been with Amazon for about 3 years now, but am still to get a payment. I got a message from them only today saying I didn’t make enough (even with the bits and pieces that have been collecting in my account over the years) to be paid this month either…
The Wirecutter.com and TheSweetHome.com were sold a couple years back to the New York Times. They were both Amazon Affiliate sites, and that's where most of their revenue came from then, and still comes from today. When the sites were purchased, TheSweetHome.com was redirected to TheWireCutter.com as both sites had very similar content structures. The WireCutter dominates organic search results for a lot of buyer-intent keywords, and is also a “verified expert reviewer” by Amazon. The site gets huge amounts of organic traffic, and has gained massively in popularity and search positioning once it was purchase by the New York Times.
For example, if I talk about how cool a product is, and then you find out that I’m an affiliate for them, wouldn’t you as a conscientious observer become skeptical as to whether my information is biased, if perhaps I’m only saying how cool something is because I can get paid for it? Wouldn’t that make you question my integrity with other things I say as well?
Hi Lorna! That can definitely work. Mark Ling actually got his start promoting World of Warcraft products, if memory serves me. However, it's worth noting that his success was based on spending a lot of time on marketing rather than playing the game--things like offering the one-on-one help (at least without getting something in return, like having them subscribe to your list or make a purchase) may end up eating so much of your time that your sales can't take off. But it's definitely a niche worth trying if you have tons of knowledge and passion and there are plenty of products. :-)
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In effect, VigLink works as the middleman between a publisher (blogger) and merchants by scanning the publisher’s content and automatically creating links to publishers that are chosen “in real time” based on their payout/conversation rates. This makes VigLink a very hands-off affiliate program for publishers who prefer to focus on content instead of managing their affiliate links.
TheAthleticBuild.com is a website that's covers a number of different fitness topics. It's probably safe to say that most of their content is geared towards men, and most of their revenue comes from either Amazon or their affiliate programs. Based on the looks of the site, they have a few supplement reviews that are probably affiliate programs where they get paid a portion of each sale that a buyer makes. Some of these affiliate programs have higher returns than other programs, but there are some right vs. wrong decisions you'll have to work through yourself if you are endorsing certain types of nutritional products, especially if you don't take them yourself.
Unfortunately, the 2Checkout dashboard is a bit limited in scope, making it difficult to get any metrics on conversion rates or even sorting by commission payouts. The workaround is to go to the Avangate store, which does list their best-selling products, and then search for these on the affiliate dashboard. That being said, 2Checkout does offer products from more than 4,000 different vendors, making it the leading affiliate network for software and digital products.
While these models have diminished in mature e-commerce and online advertising markets they are still prevalent in some more nascent industries. China is one example where Affiliate Marketing does not overtly resemble the same model in the West. With many affiliates being paid a flat "Cost Per Day" with some networks offering Cost Per Click or CPM.
If you would like to take a more subtle approach, include a product or service from your company that relates into your blog post. For example, let’s say that you are a wine connoisseur and that is what your blog is based around. In any post that is enticing your readers to open up a good bottle of Merlot or what have you, it would be wise to embed an ad for a quality, easy-to-use wine opener, wine glasses or stoppers that keep the wine fresh.
hey sean, am a newbie who is so ethusistic about online marketing. great post , i must commend , it came in handy. through your post i clearly understand that an affiliate mustr have a website and a blog as a platform for promoting the good and services. here the thing with me , i dont have either of them and am asking ….. is it advisable for me to delve in affilate marketing peradventure i get a blog running now …?
For example, we have Trip Advisor at the 140th spot. What you’d want to do is say, “What about travel? Is that a niche I might explore?” and then follow the next steps I’m going to show you. The next thing you want to do, once you have an idea, is head over to Quora.com, which is a crowdsource question/answer site. You want to put ‘travel’ into the search field. Then look at some of the top questions that come up in Quora search results. The reason you’re doing this is you’re taking the broad niche of travel and finding smaller niches that you can create sites around, and then monetize with affiliate offers. For example, we have this question here by Sameer: What are the best travel hacks? That’s a niche right there, travel hacks. Instead of covering all of travel, you can cover things like frequent flier miles, how to travel on the cheap, things like that. We also look at this question here: What are the most surreal places one can ever visit? You could focus on surreal destinations. Is India a good travel destination? You could have a blog or a site that covers traveling in India. These are just ways that you can brainstorm different niches under this greater niche.
Writing good advertising sales copy (copywriting) is the other important skill for internet marketers. The good news is that when it comes to affiliate marketing, many vendors will provide you with copy to use for your blog posts, websites ads, etc. They'll give you the emails to send, the banner ads to display, and even posts you can use on social media (such as Facebook, Twitter, LinkedIn, etc.).
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But I think the biggest deciding factor in this, goes back to the site as a whole and all of the other posts. Are the genuine? Is the blogger constantly trying to push products? I’d like to think I’ve been doing this long enough that my audience knows I’m not out to make a quick buck – and I think even relatively new bloggers can prove this based on their other content.
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There is serious competition in the affiliate marketing sphere. You’ll want to make sure you stay on top of any new trends to ensure you remain competitive. Additionally, you’ll likely be able to benefit from at least a few of the new marketing techniques that are constantly being created. Be sure you’re keeping up to date on all these new strategies to guarantee that your conversion rates, and therefore revenue, will be as high as possible.
JVZoo was founded in 2011 and has since rocketed to near the top as one of the most popular affiliate programs out there. JVZoo is unusual in that there are no upfront costs for either publishers or merchants (advertisers). JVZoo’s income is exclusively from charging fees (to both the merchant and the affiliate) after a sale has been made. It is also unusual in that it pays commissions “instantly” via PayPal rather than once a week/fortnight/month like other affiliate programs.
Good point about reviewing online courses before you promote them to protect your reputation. However, I would like to point out that the level of attention the course creator gives you (the endorser) and what they give to a random customer might be very different. There are so called marketing gurus out there who are extremely skilled at making false promises and not delivering on them. Once they have the endorsement of a few reputed marketers and some ‘lucky’ customers, they can easily get away with ripping other people off with hyped up money making guarantees. I have had a personal experience with this as a customer, but lets not mention names! The point is, when we are promoting someone, we need to do an in-depth due diligence. Only going through their course is not enough. It would be great if there was some kind of a course review site -something like tripadvisor. This is something that the industry really needs – something to make people accountable. A lot of people are losing faith in these online courses. I am staying away from promoting people unless I am very certain of their integrity.
GOOD - A technique I've seen used quite a lot is the "Check Price On Amazon" link. Instead of displaying the product price, they display a hyperlink with anchor text of Check Price. This makes the buyer more curious to click the link and see how much the product is. And remember, Amazon have a 24 hour time limit before your affiliate cookie expires, meaning if the potential customer buys anything on Amazon within that 24 hour period of clicking your link, you're going to get a commission!
I loved seeing the example of the Kids Tablet with Wifi utilizing affiliate marketing. It gave me some great ideas on integrating amazon for my own children’s blog. I would be interested in knowing how much they are earning monthly from their affiliation. Being a mother of a two year old myself, I could see myself writing reviews on Amazon products my daughter enjoys.
10Beasts.com has been a successful affiliate site for the last couple years. It's been somewhat of a “hot debate” in the internet marketing industry. The website actually has very little content when compared to some other authority sites. It has under 20 pages of actual content, but it's believed that because of the strong linking profile, that Google favored the site's content. It's an extremely unusual site, as most of the link profile consists of scholarship links, which many marketers believe is an overused link building tactic that's ripe for a Google penalty.