Hi Jamie! Thank you for the great information. I just learned about affiliate marketing last week. The source however, is an older couple who work for World Wide Dreams Builders (WWDB). So, basically Amway. After researching a bit. I have no interest in WWDB and. (It sounds like years of recruiting people with minimal payout) Though, I am highly intrigued by e-commerce and affiliate marketing. Before your post the company I recognized was Amazon. Can you please tell me if that will be the best 1st step. I am currently an unemployed student Veteran. So plan to fully emerge into this business regime and would greatly appreciate your advice on this!!!
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.
How to Make Money Online Without Being an Internet Expert: A step-by-step guide to affiliate marketing, lets face it we are not all internet experts. Creating a successful internet business can be really hard if you haven’t been able to change your ringtone for three years. It’s okay, don’t over complicate things. Making passive money online shouldn’t be hard and this book will set you on the right track. Get started for $4.99.
Yaro Starak is the founder and writer of Entrepreneurs-Journey.com. Since 2005 through this blog, his email newsletter and in training programs under the EJ Insider Membership, Yaro has taught thousands of people how to make a full time income from blogging part time, how to buy and sell blogs and websites, and how to successfully launch an information product business. Follow Yaro on Twitter at @YaroStarak.
There are some things that are confusing to a newbie such as "affiliate tracking" that isn't clearly explained, but (I'm old school) I have noticed that it is typical of writers in this day and age to assume that the readers understand most everything the author is talking about. Even when I took web design classes at a local college the instructors assume ALL students are millenials (I'm a gen X) and will not explain in more detail unless asked.
When you’re looking at affiliate sites like this one (and, indeed, when you’re planning your own affiliate site) ask yourself what the affiliate is trying to make you do (or what you want your own visitor to do). Question what desired action the affiliate is pushing for: do they want you to read their articles? Sign up for their newsletter? Click on their ads? You’ll often find yourself being gently directed towards a certain action in one way or another. This will be what the affiliate determines to be the course that will eventually get him or her the most money!
The easiest and most common way to start building an audience for a website is via social media. Depending on your niche and industry, you can choose from Facebook, Twitter, Instagram, Pinterest and several other niche and location-specific networks. Building up an engaged and interested following on social media is a great opportunity to build relationships and once you have their trust, promote your products and services to them.
Many thanks for your open words. Maybe online marketing / business really is not for all of us out there - at least not for exactly those hard working people mentioned by you, as these usually don´t have so much time beside their full time job and the family. So much about the countless promises from certain online marketers suggesting otherwise, saying everyone can do it - of course with some "help" - i.e. their very own products.
The truth is much more complicated. It’s true that affiliate programs can be sources of phantom revenue and off-brand promotion. But managed properly, they can also make up 5-15 percent of online revenue and have an ROI among the highest of any online channel. CMOs are realizing that affiliate marketing can be an important part of their arsenal and are integrating the channel into their overall marketing strategies.
Totally agree with your opinion on affiliate marketing. I’m in the same space myself and can tell you what it feels like to earn $1000 commissions while literally sitting on the sofa watching TV. It is absolutely mind-blowing. High-ticket commissions are what sets apart the affiliate marketers that scale their business up to six or even seven figures to the ones that only make a few thousand a month. I run a website based on digital marketing an entrepreneurship. You should check out our affiliate program – it is guaranteed to blow your mind. 🙂
Thanks for another great post. Would mind elaborating just a little on, “you also need to be willing to publicly associate yourself with that niche…”. Should every affiliate site therefore have the author’s name and bio on an About page? What if the author is unknown in that field? Is it just a trust issue, that putting your name somewhere on the site gives people comfort that there is a real person on the other side?
A niche can be something broad, but most affiliate marketers will drill down into sub-categories. For example, I may want to have a website about cars, but that is way too broad. So, maybe I’ll focus on just Ford vehicles. Even then, the niche could be too broad, so I might dig down deeper and have a site that solely focuses on the Ford Mustang. I might even decide to take it one step further and focus on classic For Mustangs. Heck, I might even focus on a specific year, such as the 1969 Ford Mustang, and I would be THE expert for that very specific niche.
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.
SimilarWeb tells us that visitors go to over 3.75 pages per visit which is a lot. But “outdoor people” are obsessive and they love gear. I know this because I am one! If you start checking out one product, you’ll see another interesting product and so on… And, people spend a decent amount of time on the site. All that leads to a bounce rate under 50%.
Prior to confirming this choice, they had chosen to create a site on website/blog design for non-design people, which would have done 10 times better I think. But since this topic caused a bit of an uproar within the comments section, as people argued this was just another website about making money online (or at least overlapped too much), they had to ditch it. Continue Reading >
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.
With that said, affiliate marketing is NOT a get-rich-quick strategy. Just like any other type of business, it will take time and effort to grow. The average affiliate marketer doesn’t really start to turn a major profit for months, or even more than a year, and by that point many have already given up. Knowing that it takes time to become profitable is important for tempering early expectations, but it’s also vital that you take the time to learn some of the best ways to reach your true earnings potential.
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.
Although it has a dynamic and well-designed website, PeerFly has a limited range of offers at any given time (around 8,000). On the upside, it does offer good commission/payout rates, lots of FAQs and educational information, and regular contests and reward programs that can substantially increase your bottom line. Based on online customer reviews, Peerfly enjoys a very high reputation amongst participating affiliates.
This is a superb site, and I think well needed for those that are very interested in affiliate marketing to make money online. The site presented very professionally and laid out. I would venture to say though that if I were a beginner looking for how to do and be successful with an affiliate site. I think I would be a little overwhelmed. And while I understand if I were looking I would be searching all the details, so from the site, I would contact the author for a question. If this was the aim, then its well executed.
It’s so legit that I will likely be back to this site for future reviews for my purchases. It really gains your trust with the photos and videos even though you know they are making money through the affiliate commissions. Plus they buy all the products themselves and never accept any products from the manufacturer to maintain objectivity, but when you bring in 3.1 million visitors per month, you can buy a few items to review.
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.
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!
While their top keyword that they get organic traffic for is about Baby Monitors, articles like these that are monetized via Amazon Affiliates are only a fraction of site revenue. I'm sure that display ads make up the bulk of their income, either through an ad network or selling their own advertising space. It does appear that they are currently monetized with adsense, but that could be part of their monetization strategy with any larger ad network. There are larger ad networks out there that typically deliver a higher RPM than just Adsense these days, so that's something that every website owner with some serious traffic should look at. Overall the traffic that Fatherly.com generates every month is extremely impressive.
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.).
The best way to find suitable brands to promote is by simply using a search engine using: '[Brand] + Affiliate Program'. Some companies run in-house affiliate programs however, this is a very specialist area. Therefore, most companies opt to employ an 'affiliate network' which has already built a large base of affiliates and gained years of experience in running successful programs for clients.
You understand in an instant what the site is all about and you’re also not overwhelmed with options. Some blogs put way too much content and navigation can almost feel like an IQ test. But with Baby Gear Labs, you have reviews, how-to’s and some basic essentials. This means they cover all kinds of audience; whether it’s people who really want to dig deep into their choices, or those who just want a simple solution.
In the popular ‘An Hour a Day format’, this guide features a detailed, real-world, task-based approach to developing, launching, and managing a successful affiliate marketing program. It explores market research, determining payment models and reporting guidelines, recruiting affiliates, crafting appropriate communications, and much more. Affiliate marketing programs help boost marketing efforts without incurring excessive costs. This ‘Hour a Day guide’ provides everything merchants, business owners, and those charged with managing an affiliate program need to know.
Looking over his history, he looks like he's always had an entrepreneurial spirit. I'm not sure if he wrote his books himself, or had them ghostwritten, but once he had a larger following – he launched his own supplement product line and looks to be doing extremely well selling in his own store, as well as selling on Amazon.com. Mike has done what most people just starting online business should hope to do – build a brand around themselves, build an audience, and sell them products that they truly want that will make a difference. If I'm guessing on income numbers, I'm sure this is a multiple seven figure per year business with his supplements.
Giving away a free informational product such as an e-book, an email series or a mini-course is a popular tactic many affiliate marketers use. Usually, your readers will have to provide their email addresses to receive the product from you. You can then use this to sell to them via email marketing. Additionally, an informational product can generate interest in the actual product you're trying to sell. If your product is popular enough and brings enough traffic to your site, you could also monetize the traffic in other ways, such as AdSense.
This is the sister site to the affiliate marketing site TheWirecutter. Another amazon affiliate website that list gadgets and gear that the website reviews. They come out and say it on their homepage, they earn money by affiliate commissions. Apparently this sites receives over 1.8M visitors, which is pretty impressive considering this site only started in 2013. I guess the moral of the story is, it’s not too late to start a review website. It also helps to have incredibly long reviews. In fact, their one soda stream review had over 13,000 words. This is a great example that content is king.
Should you attempt to get into the Financial niche? Personally, this isn't a niche that I would consider. Financial niches are extremely competitive, and while they are very lucrative if your site ranks, it's going to cost a lot more time and money to get your site in a place where you are making a consistent income. With that being said, if you are a certified financial expert, or you already have a social media following for financial topics, it may be “easier” to start a site, get backlinks and hit the ground running. If you are strictly going to start a website about student loans, or buying a house – expect there to be lots of competition. I have no doubts that NerdWallet is making over 7 figures per month.
Generally speaking, we recommend keeping your site focused on one niche. Otherwise you'll confuse your readers and hurt your brand. You're better off with separate sites for separate categories The exception to this might be if you promoted SEO/web hosting/other digital products that would aid people from your primary niche (say, dog training for example) who want to build their own businesses using affiliate marketing. There needs to be some sort of clear connection about how the products and niches relate.
So combine a review site and something people everyone loves, like babies. Imagine all the confusion new parents have when they bring a new baby into the world. What do they do, what do they need, what is the best? BabyGearLab solves that by reviewing baby stuff and helping parents understand it and buy it. This site has been around since 2011 helping parents through the impossible decisions of what is best for your baby.
If you are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.
In this day and age, attacking a niche that has promotional possibilities OUTSIDE of the search engines is a smart move. The truth is, building traffic through these alternate methods initially, will help you rank better IN the search engines. Pinterest, Twitter, Facebook, Google+ (haha, I had to)… are there any niche avenues? For instance, the larger recipe sites often let users submit recipes – can you utilize that to promote your blog? Are there blogs in the niche that accept guest posts to help you build your brand, user base, and link profile?
LinkConnector imposes a very rigorous and lengthy screening process, so you’ll need to prove that you have a high-quality website and established audience before being accepted. Despite its somewhat schizophrenic approach, LinkConnector does have some very happy long-term affiliates. And their “naked links” allow for direct connection to the merchant website without having to be rerouted via LinkConnector, which will give your website an SEO boost.
Cost per action/sale methods require that referred visitors do more than visit the advertiser's website before the affiliate receives a commission. The advertiser must convert that visitor first. It is in the best interest of the affiliate to send the most closely targeted traffic to the advertiser as possible to increase the chance of a conversion. The risk and loss are shared between the affiliate and the advertiser.
Interesting anecdote: On one of our “authority sites”…right now, we’ve gone the way of NOT placing ads on the home page, actually. We have images/categories on the first page that people click through to get to the content. Because of this we have an EXTREMELY low bounce rate…everyone who comes to the site (via the primary or exact match KW) has to make another click to get to the area they really want, which will contain ads. I think eventually we’ll blend in just a FEW ad placements above the fold on the main page.
We are dedicated to providing the tools and information that are needed to become an affiliate marketer while simplifying the process and speaking in terms everyone can understand. Money is never the top priority; building relationships and trust are two of the most important aspects of any marketing campaign. Without the consumers and the companies that make these products, there would be nothing to market. Nothing to promote. Our goal is to accelerate an affiliate marketer’s success and enable them to see the positive and rewarding results that can come from a career in online marketing.