Affiliate marketing is actually really simple; you promote, or even just mention someone else’s product. Then someone comes along, clicks the link you provide, buys the product, and you get a commission on the sale, which is sometimes as high as 75% of the price of the product! Affiliate marketing can be a powerful tool to make large amounts of money, without doing a lot of work. However, while affiliate marketing is an easy concept, you need to know what you are doing. There are specific, proven strategies and steps that you must follow in order to build a successful affiliate marketing business online. Lots of people try affiliate marketing for the first time and fail, because they don’t have the roadmap to follow.
Definitely, you are going to want to do your due your diligence in selecting a viable niche for your business. But it will actually be better to get up and running sooner than later. This way, it enables you to enter the market sooner, test out your ideas, and learn from your successes and/or failures. Also, if your first business isn’t successful, you can take what you have learned from those first attempts move forward with new and improved ideas.
Mix High & Low Price Items, but Lean Towards High Price – if you’re doing all this work to push people towards a certain product, make sure that product is worth it. It doesn’t make much sense to review a $5 item with 1,000 words. You should lean towards those higher price items that will give you higher commissions. Remember, you get a percentage of the sale, not a flat fee.
The thing I love about this website, is Michelle tells you exactly how she makes her money and she hides nothing. Her traffic numbers are impressive, and she's starting to gain steam on social media, based on her 2017 business review wrap up. She has a very nicely sized email list, which I'm sure is used for not only promoting her own products, but also for other affiliate offers or sponsors that may come her way for product or course related opportutnities. She's done a great job diversifying her income, and luckily for me – I don't have to guess how much she makes. She fully discloses her income, and she's making over $120k per month from her blog alone.
As a result of their rapid growth, they've also got a stellar link profile. It's a situation where because they rank well, they get more links, and the more links they get, the better all of their articles rank. There are a number of reasons why this site has taken off, but overall it's an excellent site that has built a strong foundation on nothing but organic traffic. I have no idea what strategy they used initially to get links and start getting the exposure that they did, but the growth that this site has experienced is extremely impressive to say the least. I'd estimate their traffic figures to be between six and seven figures on a monthly basis.
Developing and monetizing microsites can also garner a serious amount of sales. These sites are advertised within a partner site or on the sponsored listings of a search engine. They are distinct and separate from the organization’s main site. By offering more focused, relevant content to a specific audience, microsites lead to increased conversions due to their simple and straightforward call to action.
Perrin has blogged about his site on the AuthorityHacker.com blog, and he's also openly discussed the sale of this site, which was sold at over $200K as the final sales price. The site still does very well in organic search rankings, and the monetization appears to have been diverted from display ads, over to an affiliate program with a pet food company. This site is proof that with the right systems and content in place, profitable affiliate sites are still out there to be created – even by the solo entrepreneur or the person who loves SEO as a side-hustle.
And if you don't have time that's up to you. Building a business and making money takes time and effort and knowledge and skill. Some of that you might have right now some of it you might have to learn. But if you won't commit the time then you can't have all or any of it and that means you can't expect hard working people to hand over their hard eanred cash to you.
Your domain is the address for your website (e.g., www.affilorama.com) so this is the first thing you will need to do when setting up your site. Considering there are millions of websites on the internet, it's possible that the domain name you want may already be taken by someone else. So make sure you have several options in mind. Be sure to read our advice on how to choose a good domain name.