Said to be the largest affiliate marketing network in North America (though it operates globally) and claiming the number-two spot in the 2012 Blue Book of Top 20 Affiliate Networks for being “the best at balancing the relationship between the merchants, the network, and the affiliates,” California-based Commission Junction, owned by ValueClick, Inc., offers affiliate, media, and tracking services and provides either a self-management or company-managed option for your affiliate relationships.
In the past, large affiliates were the mainstay, as catch-all coupon and media sites gave traffic to hundreds or thousands of advertisers. This is not so much the case anymore. With consumers using long-tail keywords and searching for very specific products and services, influencers can leverage their hyper-focused niche for affiliate marketing success. Influencers may not send advertisers huge amounts of traffic, but the audience they do send is credible, targeted, and has higher conversion rates.
I have highlighted with red boxes how they are monetizing the site. First I will point out how professional the site looks – it has a custom logo and a very clean look and feel to the site. This helps build trust right away. Secondly, I like how they have the salary data that searchers are looking for right away on top. Then they have the adsense ads immediately following (still above the fold).
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.
Many affiliate programs run with last-click attribution, where the affiliate receiving the last click before the sale gets 100% credit for the conversion. This is changing. With affiliate platforms providing new attribution models and reporting features, you are able to see a full-funnel, cross-channel view of how individual marketing tactics are working together. For example, you might see that a paid social campaign generated the first click, Affiliate X got click 2, and Affiliate Y got the last click. With this full picture, you can structure your affiliate commissions so that Affiliate X gets a percentage of the credit for the sale, even though they didn’t get the last click.
Fatherly is a website that tackles many different forms of content. Based on a similarweb.com lookup, they get about 22% of their traffic from organic search. Close to 25% of their traffic is direct, and almost 40% of it comes from social media (Facebook, Pinterest, etc.). It's important to take note of that because even though they may not be getting a ton of google organic traffic based on their keyword spread – they are getting a ton of traffic from social media platforms which no doubt has an immense impact on revenue.
That’s where market research comes into play. It is important for you to make sure that there is actually a demand for the product niche that you are looking to market. Fair enough – if you came up with a revolutionary product that no one has ever witnessed before – then that’s a whole different ballgame. In that case, you would have to market your latest invention on a whole different level.
Because the site is ranking #1 in Google for this (and probably ranks very well for other related terms), they are probably making great money. This is probably easily a $100 to $200 a day website. That's right, I would not be surprised if this site was pulling in $3k to $6k or more each month. In fact it could be more, but its hard to guess without knowing all the traffic they are receiving.
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.
Another example of an Amazon Affiliate Website that niched down to long boards. These are like skateboards but longer and meant to cruise, going longer distances than skateboards. It’s a relatively simple website that loads the user with tons of products from the homepage but highlights the lack of comments per review (usually 0 – 2 comments). The typical length of an article is 300-500 words so they are relying on their specific niche for traffic. Not bad for a “.net” domain as they are less common than their popular counterparts “.com”. It’s not the best example, but I’m going for a range.
These are essentially media companies. They have big, significant staff – staff writers, editors, directors, HR departments – and they are big ass companies. With a budget, you could grow a smaller site into a big site fast. But as you’ll see in the examples, you’ll need to have the skills to hire and manage a team. The big sites were founded by people that worked in the media industry – they’re Professionals and know exactly what they are doing.
This is a little delayed on the uptake but I recently created an affiliate marketing site with a service model (personal stylist kind of like Stitch Fix but only using Amazon items so I don’t have any inventory). Right now it’s free(!) and ultimately will be significantly under the price point of Stitch Fix, Le Tote, others in terms of both fees plus there won’t be any apparel markup. It will be smaller scale as well and without a lot of the overhead. The operations have been a little tough but I’m starting to make money. I haven’t done much marketing yet but am learning as I go (I’m a data scientist by trade). Check it out! http://www.dressjungle.com . And I’d definitely love a callout 🙂
It’s important to know where your traffic is coming from and the demographics of your audience. This will allow you to customize your messaging so that you can provide the best affiliate product recommendations. You shouldn’t just focus on the vertical you’re in, but on the traffic sources and audience that’s visiting your site. Traffic sources may include organic, paid, social media, referral, display, email, or direct traffic. You can view traffic source data in Google Analytics to view things such as time on page, bounce rate, geo location, age, gender, time of day, devices (mobile vs. desktop), and more so that you can focus your effort on the highest converting traffic. This analytics data is crucial to making informed decisions, increasing your conversion rates, and making more affiliate sales.
If you return to the affiliate's program review page you'll see that further down the page the affiliate lists products that don't get the five-star seal of approval. He also provides links to reviews of these "not recommended" products which explain why they're not recommended. Reading his reviews, it does indeed sound like he knows what he's talking about - his reviews are credible and seem unbiased. Most of them don't seem to have affiliate programs, and he hasn't bothered to link to them through affiliate links.
Another brand who has mastered the art of referral is Uber. Each user is given their own referral program, which gives not only the current user but also the newly-referred customer, a free trip. Because of this Uber take the cake in ride-sharing apps and services. Other similar services have adopted such programs and have also seen a large increase in users.
Cost per mille requires only that the publisher make the advertising available on his or her website and display it to the page visitors in order to receive a commission. Pay per click requires one additional step in the conversion process to generate revenue for the publisher: A visitor must not only be made aware of the advertisement but must also click on the advertisement to visit the advertiser's website.
A niche is a segment of a market you can identify and target. As a rule of thumb, there will be less competition if you choose a narrow niche. Chances are the best domain names are already taken for the most popular niches, and generating traffic will be harder. For example, competition is intense in the diet and fitness niche, and you’ll have to work really hard to rank well in search engines and attract volumes of traffic. However, there are thousands of narrower niches in these fields where you’ll be able to make good money as an affiliate marketer. Examples would include paleo diets, fitness for the over 60s and losing weight after pregnancy.
It can mean sharing it on your social media profiles. It can mean including a few articles or video in your weekly newsletter that relate to your products. It can mean going on internet forums and replying to individuals whose questions you know how to answer. It can mean writing a guest post that gets your name and website name onto another person’s site, expanding your reach to their network as well.
The first mistake a lot of affiliate marketers make is that they register with too many different affiliate programs and try to promote everything. Pursuing affiliate marketing down this path can become very overwhelming and you won’t be able to promote any product properly. All you need in order to be successful is a handful of good products to promote. Try to understand the market needs and look for products that align correctly with the topic of your site.
4. Understand profitable problems deeply. It’s not enough to simply know that, for example, males between 18 and 25 are looking for hangover cures. You need to find out what exactly they want in a hangover cure, and the problems they have with current hangover cures. There’s more to it then simply finding your niche, however. You also need to understand the language they use in describing their ideal solution, so you can echo that language back to them in your ad copy, sales page copy, etc.
1. I recommend avoiding affiliate networks at first. Warrior Forum is a good place to start. Look for people running offers in your niche. Often, word of mouth from your top performers will be huge. You can also set up an Affiliate page, especially if you know you’re in a popular affiliate niche, because most affiliates will be actively looking for new offers.
“The Rakuten Marketing team developed and executed an online marketing performance strategy that far exceeded our target goals for brand awareness, new customer acquisition and ROAS in our first-ever partnership with Disney. The campaign was such a success, we’re aiming to replicate the results with the launch of our Incredibles Collection launch this year. We look forward to continued, long-term program success with Rakuten Marketing’s expertise and proven technologies.”
Forms of new media have also diversified how companies, brands, and ad networks serve ads to visitors. For instance, YouTube allows video-makers to embed advertisements through Google's affiliate network. New developments have made it more difficult for unscrupulous affiliates to make money. Emerging black sheep are detected and made known to the affiliate marketing community with much greater speed and efficiency.
Now, review the options and think about the six points listed above. Don’t just look at a list of profitability. Instead, think about what good niches for affiliate marketing are that fit all of the criteria above. For example, if you’re passionate about something but it is already marketed thousands of times throughout the internet, you’ll have a harder time getting your links to the top and getting them noticed. Conversely, you may choose something that isn’t that well-represented online but that you know nothing about. That’s why I highly recommend the advanced training.
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 …?
Affiliates work to introduce their visitors to the merchant’s brand. They might write a post about a new product or promotion on the merchant’s site, feature banner ads on their site that drive people to the merchant’s site, or offer visitors a special coupon code. If people come from that affiliate’s site and make a purchase, that affiliate gets paid.
If you are searching for a perfect book for affiliate this one is a great solution for you as it contains proven steps and strategies on how to earn your first $1000 in passive income from the comfort of your home using affiliate marketing. It is full of fresh ideas, step-by-step instructions and screenshots, so even a complete beginner can take advantage of this information and start to make money from home and build a successful online business.
Creating a unique tracking ID for an Amazon link is easy. Simply log in to your Amazon affiliate dashboard, click “Account Settings” at the very top on the right, then click “Manage Tracking IDs”. From there you can make a new tracking ID so you can track which web page/campaign sold what. You can learn more about using Amazon’s Tracking IDs here.
It’s all very well if you’re an expert on a rare breed of cats, but is there money to be made from your knowledge? A little time spent on Google is a good place to start researching the profit potential for an affiliate marketing niche. If there are ads appearing above and to the side of the search results, that’s a good sign there is some commercial value. If your search term brings up pictures of products and results from sites like Amazon, that’s another indication there’s money to be made.
Lastly, please check out my review on Wealthy Affiliate, the number one Affiliate Marketing Training Program in the world. You have the opportunity to build a lucrative online business from scratch. No experience or technical knowledge is necessary. The approach that is taken at Wealthy Affiliate is that they assume that anyone can create a phenomenally successful and long term online business from scratch. All you provide is hard work and the determination to learn, the tools will be provided.
I’ll talk about adding advertising to your book blog in the next post in this series (hey, there’s no reason to limit yourself to one source of income!), but, in the meantime, you may want to check out How You Can Make Money Promoting My Ebooks (and other people’s too), a post I did a couple of months ago. It talks more about Smashwords, in particular, and how to find authors offering high affiliate percentages over there.
He put only very little effort on building this site but it makes him thousands of dollars every year “on autopilot” (=passive income). I think creating this site took only like a few workweeks in total. We can certainly say it was success. You can take a look at the process how Jay built the site on Wealthy Affiliate live training archive. (I’ll leave a link below.)
Do you have zero interest in an expensive mountain bike the company you are an affiliate of sells? Well, you probably don’t want to feature it on your blog, as it is extremely difficult to persuade readers (or anyone for that matter) that they should buy something you wouldn’t be caught spending a single penny on. When you are passionate about a product or–at the very least–interested in learning more about it, this will come through to your readers, engage them and better coax them to buy
While any “regular” job requires you to be at work to make money, affiliate marketing offers you the ability to make money while you sleep. By investing an initial amount of time into a campaign, you will see continuous returns on that time as consumers purchase the product over the following days and weeks. You receive money for your work long after you’ve finished it. Even when you’re not in front of your computer, your marketing skills will be earning you a steady flow of income.