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.
So, you want to start an Affiliate Marketing Business. One of the first and most challenging decisions you have to make is what market niche you are going to choose. And, quite honestly, this could be very tricky. You could sit down and list all of your interests and passions and still come away feeling like you didn’t discover the singular thing you were meant to do.
In the BigCommerce affiliate program, you receive a 200% bounty per referral and $1,500 per Enterprise referral, with no cap on commissions. Plus, the more referrals you drive through the program, the higher your commission tier will go. BigCommerce uses an industry leading 90-day cookie, so you will receive credit for up to three months for the referrals you generate. Also, there are no obligations or minimum commitments to join the program.
In conclusion, I have covered 4 niche websites that I think are targeting keywords that have great search volume and high CPCs. I discussed the pros and cons of the layouts of the websites to give you an idea of how I think a niche site should be monetized. Remember, I did NOT go into whether or not anyone should be targeting these keywords as I did not really look at the competition levels. My guess is that these keywords would be too competitive for me to go after. I will discuss competition, and how to analyze the Google competition in detail in future posts.
Jump up ^ Shashank SHEKHAR (2009-06-29). "Online Marketing System: Affiliate marketing". Feed Money.com. Archived from the original on 2011-05-15. Retrieved 2011-04-20. During November 1994, CDNOW released its BuyWeb program. With this program CDNOW was the first non-adult website to launch the concept of an affiliate or associate program with its idea of click-through purchasing.
Your first step is to head over to Quantcast.com. Quantcast has a great list of, basically, the most popular sites online. This is an awesome place to go when you’re in the brainstorming phase. Head over to Quantcast, scroll down, and click on the Browse Rankings link that’s right below the search field. What you want to do is, really, just look down the list and just see what is doing well online. Obviously, these are going to be a lot of household names, a lot of huge sites like Pinterest, Wikipedia, LinkedIn, and things like that. You’re not really trying to emulate these sites; you’re just looking at what people these sites tend to target.
Betfair Affiliates is the affiliate marketing program for the well known Betfair betting website. Betfair’s primary market is sports betting. It’s actually a betting exchange, so it allows gamblers to place lay bets too – in other words, bets that bank on the opposite outcome. Betfair also offers in-play betting that allows users to lock in profits before the match ends. They also have great offers for the new customers to Betfair Casino.
Bruce C. Brown is an award-winning author of more than ten books as well as an active duty Coast Guard officer, where he has served in a variety of assignments for more than 26 years. Bruce is married to Vonda and has three sons: Dalton, Jordan, and Colton. His previous works include: He holds degrees from Charter Oak State College and the University of Phoenix. He currently resides in North Carolina.
OutdoorGearLab.com is another Amazon Affiliate monster. They get tons of traffic and target many different buyer-intent keywords for purchases that are largely made online. They are more niched down (which I think is a good thing) than a web property like TheWireCutter.com. I would never suggest anyone go out and create another WireCutter because if you are just starting out, you will not have the required budget to compete as in-depth as they do.
Hi Rae, I think the right niche is the most important step in affiliate marketing. If you choose the wrong niche, you can be doomed from the very beginning. Need a buying niche not just one where people are looking for information. Also you only mentioned it briefly at the end, I think promoting something you know about or is your passion makes the process a lot easier. Great post though, Tom.
After successfully launching their Australian affiliate program with Rakuten Marketing, Cotton ON utilized their affiliate program as a key channel for their strategy to expand to new international markets. Through the Cotton ON Australia program, publisher partnerships in the key markets of Hong Kong, Malaysia and Singapore are accessed, with a bespoke US affiliate program being managed by local US account managers.
GOOD - Affiliate Links to all products are in the description of the video. TechDeals often refers to their video description links, pointing users in the direction of where they can get their hands on the products. He even uses NewEgg Affiliate, to give users a price comparison between the same product- but still earning a commission on either site.
SimilarWeb tells us that visitors go to less 2 pages per visit. So, you can see the difference in TWC versus Outdoor Gear Lab. The products are less targeted so maybe visitors are more interested in buying something specific, not window shopping. The reviews are generally long and visitors are skimming a lot because the average time on the site is about 90 seconds.
Great stuff here Sean – thanks for all of these insights and sharing some best practices when it comes to affiliate marketing. I’ve never been comfortable giving it a shot, but after reading this post and your perspective on how and when to do it, I may just have to give it a try. Especially considering I’m already mentioning and recommending services and products on my site, I’m just not getting the potential rewards associated with doing so. Thanks again.
You’re obviously not going to be targeting broad keywords like ‘travel’ and ‘traveling’. Actually, it doesn’t even matter if you’re going to be doing SEO for this particular site. What you really want to see is whether or not there is a demand for that particular type of traffic. As you scroll down, you want to look for cost-per-clicks that really jump out at you. For example, we have ‘student travel’, which has a suggested bid of $4.10 for one click. That might be a niche right there. Under the broadness of ‘traveling’, if you decided to do something about student travel, you know that there are advertisers paying $4 for one visitor. I’ve found in my experience that the higher this cost-per-click, the more affiliate offers and affiliate options you have. This is something to pay attention to. In general, the cost-per-click in the whole travel niche is quite low. For this reason alone and the fact that the Clickbank marketplace didn’t really have so many great offers that you could promote, you might want to go back to the beginning in Quantcast and look at another niche and follow the same process.
If you feel like this is not working out, this is not something you’re interested in or not something you want to be involved in, you can go back to Qauntcast, look at another site, and see what that broad niche is, and then repeat the process. You can also do the same thing at Yahoo! Answers, which is like an old-school version of Quora, but they actually have a lot of good questions that are asked there that can lead you into smaller niches. Just Google ‘Yahoo! Answers’, click on the first result. Then you want to type in the same keyword you used at Quora in Yahoo! Answers and click on Search Answers. Under the search result, you want to choose Most Answers. Of course, there’s going to be some questions in here that don’t really make sense for your niche, but there’ll be some gems in here too. For example we have this: What are your 10 must visit travel destinations around the world? That could be a blog topic right there. You could create a blog about travel destinations that you should visit before you die. You cover the most popular ones or some maybe that are great but not as well known. What was your most memorable beach or seaside vacation? You could create a blog about the greatest beach or seaside destinations in the world.
The premise of the site is basically that it’s a tool for people who want to build their own computers ( usually gaming computers). If you’ve never done it, the difficult part about building a computer is almost always the research. New computer parts are coming out constantly, so you have to find the latest parts that also fit your budget and that are also compatible with each other.
You should also make sure you aren't competing with your own affiliates for eyeballs. Any marketing channels you're using, such as search engines, content sites or e-mail lists, should be off limits to your affiliates. Put marketing restrictions into your affiliate agreement and notify partners immediately. It's your program--you set the rules. Or, if you prefer, you can let your affiliates run the majority of your internet marketing.
2. Never rely on a single traffic source. Always expect the unexpected when it comes to marketing. Don’t put all of your eggs in one basket, as the old saying goes. Master one source and then move to the next. Trying to become an affiliate marketer is tedious and you will probably start with just one main traffic source such as search engines, but over time, you will want to diversify as much as possible.
Another way to check whether or not your niche is something that you can promote affiliate offers on is actually to look at Google AdWords and check out the cost-per-click for keywords related to the niche that you might want to enter. Head over to Google AdWords, log in, and under Tools and Analysis, choose Keyword Planner. You want to click on Search For New Keyword Ad Group Ideas and enter a few keywords related to your niche: Travel, traveling, things like that. Click on Get Ideas, then click on Keyword Ideas and pay attention to the suggested bid. The suggested bid is basically how much an AdWords advertiser pays for one click in AdWords for people searching for this particular keyword.
For the publisher, FlexOffers provides benefits such as a detailed dashboard that visualizes the success of various campaigns. The platform generates reports that update within the hour and offers news updates on what’s happening in the platform. It claims to add nearly 50 new advertiser programs per day, meaning affiliates are never running stale on options to generate income.
In February 2000, Amazon announced that it had been granted a patent on components of an affiliate program. The patent application was submitted in June 1997, which predates most affiliate programs, but not PC Flowers & Gifts.com (October 1994), AutoWeb.com (October 1995), Kbkids.com/BrainPlay.com (January 1996), EPage (April 1996), and several others.
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).
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.
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 been in the ‘real world’ of marketing for 20-years. It’s only over the last 18-months that I have become a huge student of everything internet marketing related, as part of my quest to become a Virtual CEO – leaving me to not only live the life I want to, but continue to grow my brick ‘n mortar business, as well create and launch a huge amount of online business entities as well.
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.
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.)
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.
When you join an Affiliate program and choose the products that you want to sell, sellers provide you with a unique affiliate code that you can use to refer traffic to the target site. Most affiliate programs will offer ready made text links, banners and other forms of creative copies whereby you only have to copy the code and place it on your website to start referring traffic. When interested visitors click on these links from your site they get redirected to the product site and if they purchase a product or subscribe to a service you as the referrer make a commission.
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.