I’ve actually never even considered affiliate marketing for my blog… You’ve definitely given me some things to think about. I definitely think My blog should be more established (more traffic, followers, etc) before I would want to make that kind of charge… I’m still learning so much, I don’t want to overdo it by taking my blog to another level. Plus since my traffic isn’t super high, it wouldn’t be beneficial to me just yet. Great info Margot!
It offers a modern, real-world, step-by-step guide to researching, launching, managing, and optimizing a successful affiliate marketing program. It covers social media, creating policies, working with feeds, coupons, widgets, and video, creating compelling content, handling partners who are not meeting goals, and much more. ‘Affiliate Program Management: An Hour a Day’ is the do-it-yourself guide to planning and maintaining a successful affiliate program.
When promoting affiliate offers, just make sure you are fully aware of all the terms and conditions attached to your affiliate program. Some programs can be strict about how they allow you to promote their products. For example, some may limit you to banner ads and links only, while others will allow you to use paid advertising, but won't allow email marketing.
Over the past 9 years I've tried A LOT of different niches with affiliate marketing, but I have had by far the most fun and most success promoting things I am interested in. You will have a much easier time creating content and connecting with your audience if you are working with a niche that you enjoy. No matter what the niche you will probably be excited to get working at first, but as time goes on you won't have that same excitement unless you are working within a niche you really like.
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.
If affiliate marketing on your book blog is your strategy to get rich quick, you, my friend, are in for a rude awakening. In my early days of blogging, I once received a cheque from Amazon for something like 42 cents. Not even kidding. (I still have it somewhere, and when I’m back in Perth next week, I’ll find it and post a pic.) Since then, both Lectito and my readership have grown, and I’ve built up a reasonable archive of posts that contain affiliate links. A year and a bit after starting Lectito, I’m making about $20 a month from affiliate marketing, and that’s mostly because a few of the links have higher commissions attached. I know:
It is great to meet you Doug. I like your style. Doug I am a very simple person. I am not looking to make a great deal of money, just some to supplement my retirement income. I have become involved with Wealthy Affiliate which I feel is a very good training site. But I find any training they provide I can also find on google. My major problem is that I get wrapped up in the social network where I have done very well with ranking, but there is no monetary advantage to this. I have begun to dig into your training and I am wondering this. We use WP at WA. I am only interested in building a decent amazon business. I spend $49 dollars a month for WA with the training. This includes being able to produce 25 website. Would I be better off hosting elsewhere and build my sites? I know I can make this work. I just need to find the right formula. I know you are a busy person so I am hoping that you will take the time to point me in the right direction.
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.
Matthew owns an internet marketing blog that has won many awards and has been featured on various big brand websites such as Entrepreneur and ProBlogger. Matt is known for producing outstanding high-quality content that sticks out from the competition. The blog specialises in producing high-quality tutorials and case studies that help with things like link building, social media and traffic generation.