Nick Loper is a veteran affiliate marketer, author, and a lifelong student in the game of business. His latest role is as Chief Side Hustler at SideHustleNation.com, a growing community of part-time business owners. Need a leg-up in getting your biz off the ground but short on time? Grab Nick’s free "Cliff’s Notes"-style guide to the world’s best business books here. Follow Nick on Twitter at @nloper.
Hi Gina, thank you for this helpful video. I was looking at the beauty niche as I would like to promote latest make up items but didn’t get far with that as the only closer related one with the 6 gravity was the kabuki make up brush? The other idea for me was to promote manifestation miracle as this book has truly changed my life and in an indirect way also brought me to affilorama. Do you think that might be a better starting point? And how would I call that niche? Any tips are welcome as I am totally new to this :)
An affiliate marketing program is a lot of work, and in most situations there's a lot of competition so you're not going to be bringing in money immediately. Business owners and entrepreneurs suppose that all you need do is setup a site and choose an affiliate to associate with and then just let it run its course. But according to Three Ladders Marketing, only 0.6% of affiliate marketers surveyed have been in the game since 2013. That means that affiliate marketing takes time and effort to build and make money.
I place emphasis on the “interested” aspect, as you may end up sticking with this topic for an extended period of time. As we’ve said previously, successful affiliate marketers are more likely to receive opportunities to sell other products in the future. In the same way you don’t want to build up a resume full of jobs you hate, don’t sell products for an industry that means nothing to you.
What do you think you could honestly sell customers in the hopes that it would improve their day-to-day? For example, maybe you renovate homes and are always looking for the highest-quality paints or most eco-friendly cleaning solutions for bathrooms and kitchens. If you’re already knowledgeable about a market and have interest in it, that’s a great place to start.
7. Using above methods, create a spreadsheet - or have a list somewhere you can track the communication between you and potential affiliates. This way if you never get a response after the first time, you can try to contact them again after a few weeks. Generally, this process may take a couple of months to get a response because many contacts are busy and they will not see your emails the first couple of times.
I'd say the content on this site is a little less “in-depth” when comparing it to LearnHowToBecome.org, but the content is still very good (hence the reason a 600 word article is ranking well for a high volume keyword). While it's difficult to judge based on traffic estimates, I would make a guess that LawyerEdu.org is making over $10k per month based on lead sales. If you remember, CPA/Lead sale programs can yield up to $50 or more per lead, and some professions and/or schools pay even more for them. Overall this site doesn't have a ton of content, but the content it does have is super informative and hyper focused on one line of work. It also has an excellent link profile, which is another reason it's ranking well.
Market research/networking — When you become an affiliate marketer, you are hoping to establish yourself as a voice of authority in that specific industry or niche. In order to do so, you need to have a good grasp on who you’re talking to. Who are you trying to sell these products to? What kinds of copy or advertisements do they respond to? Do they prefer email marketing over social media marketing, or vice versa? Market research is a part of any advertising strategy.
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. The two forms of marketing are differentiated, however, in how they drive sales, where affiliate marketing relies purely on financial motivations, while referral marketing relies more on trust and personal relationships.
Look for a gravity score of 30 or more, because these products have a proven track record of selling well for a number of different affiliates. Products, especially new products, with gravity scores under 30 may work but are more risky. Gravity scores of greater than 100 mean the product’s popular. You could have competition, but don’t worry about that. The important thing is that there’s lots of demand.
The concept of affiliate marketing on the Internet was conceived of, put into practice and patented by William J. Tobin, the founder of PC Flowers & Gifts. Launched on the Prodigy Network in 1989, PC Flowers & Gifts remained on the service until 1996. By 1993, PC Flowers & Gifts generated sales in excess of $6 million per year on the Prodigy service. In 1998, PC Flowers and Gifts developed the business model of paying a commission on sales to the Prodigy Network.
The site has a lot of links, and the long form content that the site showcases is one of the reasons why it ranks so well. Most of the content on the site is extremely focused, and very informative. It's pretty typical that an article on this site is over 2,000 words. While longer content doesn't always mean better, Google does base some of its ranking factors on how much content is on the page that covers the topic in its entirety. The more in-depth the article, the more likely the user is to find the answer they were looking for, which is why this website has so many articles that rank very well. Each article is very complete and provides great information on the topic. If I had to guess, the site is probably making over $20k per month based on traffic estimates.