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.
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.
Affiliate marketing currently lacks industry standards for training and certification. There are some training courses and seminars that result in certifications; however, the acceptance of such certifications is mostly due to the reputation of the individual or company issuing the certification. Affiliate marketing is not commonly taught in universities, and only a few college instructors work with Internet marketers to introduce the subject to students majoring in marketing.
We’ve talked about building up your network and developing an email list. Another way to promote products is by contacting that email list directly with the products you’re selling. Perhaps that email contains a code that results in a discount or maybe it’s just a link to your latest product review. Either way, it lands your website and product straight into consumer inboxes. You could consider writing a how-to article that gives users an idea of how they can make use of your product.
If you are new to affiliate marketing or you’ve been at it for years, I would love to hear about your affiliate marketing examples in the comments below! As you grow your blog and business, don’t forget to take the time to learn from other successful affiliate marketing websites. Affiliate marketing is not rocket science, and you don’t need to “reinvent the wheel.” You can literally learn everything you need to know from other successful affiliate marketers!
A few years ago I didn’t know anything about making money with affiliate marketing but a guy showed me on his website that I could make money by promoting products on Amazon and I was astonished. Then I found the Wealthy Affiliate training that taught me step-by-step how I could make money with affiliate marketing as well. I’m glad I started the training and took action because it changed my life. Now I can travel around the world while making money online. I would be more than happy to help you as well. I love to see when people succeed.
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.
No matter how good your marketing skills are, you’ll make less money on a bad product than you will on a valuable one. Take the time to study the demand for a product before promoting it. Make sure to research the seller with care before teaming up. Your time is worth a lot, and you want to be sure you’re spending it on a product that is profitable and a seller you can believe in.
SEO is one of the viable and reliable ways to drive traffic to an affiliate website. However, marketing using SEO can be very difficult due to its competitive and technical nature. In this book, Jason McDonald covers breaks down the process of optimizing your website for the search engines in seven steps. It focuses on helping you master the fundamentals and teaches you how build a successful SEO campaign in a practical manner that anyone can understand.
Although it differs from spyware, adware often uses the same methods and technologies. Merchants initially were uninformed about adware, what impact it had, and how it could damage their brands. Affiliate marketers became aware of the issue much more quickly, especially because they noticed that adware often overwrites tracking cookies, thus resulting in a decline of commissions. Affiliates not employing adware felt that it was stealing commission from them. Adware often has no valuable purpose and rarely provides any useful content to the user, who is typically unaware that such software is installed on his/her computer.
Building trust with your audience is paramount in affiliate marketing, and the quickest way to lose trust is to recommend products either you haven’t used before or that aren’t a good fit for your audience. Also make sure you never tell anyone to directly buy a product, you are simply recommending the product. The more helpful you are and the more you make quality recommendations, the more likely your web visitors will come back for your expertise.
The best way to think about affiliate marketing is quality over quantity. There are a lot of small websites that will promote your product, but the key is finding a small number of partners that will deliver conversions. For example, an equity management services firm has over 20,000 affiliates in its system, but only about 25 affiliates generate 85 percent of revenue.
Consider a social media marketing strategy in conjunction with your website. If you have the resources, utilize a search engine optimization tool to help your site come up in search engines when users are searching for that particular product. You don’t necessarily need to have an entire content marketing plan, but you also shouldn’t “wing” your way through an affiliate marketing strategy. Like we said, successful affiliates continue to partner with companies, and continued partnerships mean a steady income!
If the above locations do not yield information pertaining to affiliates, it may be the case that there exists a non-public affiliate program. Utilizing one of the common website correlation methods may provide clues about the affiliate network. The most definitive method for finding this information is to contact the website owner directly if a contact method can be located.
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.
I an elderly beginner and as such I find the page examples shown here more discouraging than everyhing else. Certainly not your intention, but that´s how I feel when I look at them. So what to do if I have no special knowledge about a certain subject or a hobby which is of interest for more than a handful people ? Shouldn´t we be passionate about what we do - but what about those whose passion is centered around things not of common interest ? And not everyone has the time to do extended product tests, not to mention the investemet I have to do then, as certainly no manufacturer will give his products for a review to a nobody. What else is left then as to create a page as mentioned on top by you - something centered around product reviews of products never seen or tested personally ?
Affiliate marketing should be viewed as a long term business, so give careful thought to your affiliate marketing niche before you start developing a website and building a mailing list. The subject should be something you enjoy and have some interest in, or running the business could become a chore. Remember that the goal is to make money, so avoid any ‘vanity projects’ where there are little or no profits to be made.
hey sean, am a newbie who is so ethusistic about online marketing. great post , i must commend , it came in handy. through your post i clearly understand that an affiliate mustr have a website and a blog as a platform for promoting the good and services. here the thing with me , i dont have either of them and am asking ….. is it advisable for me to delve in affilate marketing peradventure i get a blog running now …?
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.
I’ve had a passion for photography and cameras since I was a kid, and this was an obvious area for me to build a business in. One of the core activities of affiliate marketing is creating and distributing content, and I can write about photography with a high level of expertise and enthusiasm. You may choose to outsource content creation, and you don’t have to know anything about your niche if you’re prepared to do this. You can also research subjects you aren’t familiar with, but this can be time- consuming and boring. Personally I like to be in control of things and work with subjects I find interesting.
I know someone who created an Amazon affiliate site back in 2008. The site was making around $5,000/month when the owner decided to sell the site through Flippa. It was sold for $109,000 on June 2013. For some reason, the site has been down for several months now and I have no idea what the new owners are thinking. The domain was about iPhone reviews.
Wow! Thank you for such a complete description of affiliate marketing. I just started casually blogging a few months ago and your post gives me a great view into just how much work is involved if I’m going to successfully monetize my blog. I just shared a short post titled “A Blogger’s Nightmare – 0 Active Users” commenting on having blog traffic…I definitely see that there’s a lot more involved! Thanks again.
Many affiliate programs run with last-click attribution, where the affiliate receiving the last click before the sale gets 100% credit for the conversion. This is changing. With affiliate platforms providing new attribution models and reporting features, you are able to see a full-funnel, cross-channel view of how individual marketing tactics are working together. For example, you might see that a paid social campaign generated the first click, Affiliate X got click 2, and Affiliate Y got the last click. With this full picture, you can structure your affiliate commissions so that Affiliate X gets a percentage of the credit for the sale, even though they didn’t get the last click.
MaxBounty works exclusively with digital products, usually about giving one’s email or signing up for a newsletter. MaxBounty has CPA, Pay-per-call, and CPL campaigns that you can choose from. MaxBounty is involved in a large number of verticals, including market research, real estate, social games, finance, dating, and diet, but is primarily designed for marketers seeking to acquire new leads.
On the other hand, the more appealing your niche is, the harder it is to break into. If you go too competitive, you’ll never carve out your space. This is why I abandoned my shoe niche! To continue our cooking example, a quick Google search tells me there are thousands of cooking blogs out there. I would need to identify a more specific cooking niche to stand out. It’s also easier to find your audience if you write for a niche that’s not so well-known. That way, you can rise through the ranks faster with less effort.
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.
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.
You may wonder if it’s worth adding affiliate links when your book review isn’t going to be flattering. My response is: sure, why not? Sometimes people’s tastes will be different than yours, and they may want to check out the book anyway. Or, they may click on the link to see if the reviews at Amazon agree with yours, at which point they may wander off and buy something else at the store. You’ll still get credit and make a percentage of the sale.