Since you’re essentially a freelancer, you get ultimate independence in setting your own goals, redirecting your path when you feel so inclined, choosing the products that interest you, and even determining your own hours. This convenience means you can diversify your portfolio if you like or focus solely on simple and straightforward campaigns. You’ll also be free from company restrictions and regulations as well as ill-performing teams.
Book review sites have long been a profitable type of site to run. GoodReads was one of the most popular book review sites and Amazon agreed, purchasing it for hundreds of millions of dollars. Kirkus Reviews follows the trend of reviewing every single book out there and each page contains an affiliate link to Amazon. When you choose a product like books, you'll never run out of new products to review!
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.
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!
Plus, consumers are more likely to rely on a trusted source for brand information than they are an advertisement. In the current state of influencers and rampant review sites, we’re looking to real people’s opinions more than we are static advertisements or TV commercials. With your affiliates comes the trust of networks they’ve previously established.
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.
Now Tom's Hardware publishes their own reviews, and on top of their display ad revenue, they are making a significant portion of money from Amazon Affiliate links. The site is already well known for reliable content about Personal Computing, so it made sense to turn up the content generation to attract more organic search volume. It would be tough to estimate monthly revenue for this site, but it's highly likely that it generates 7 figures per month.
You only have to look at some of the most popular videos on Instagram, Facebook, and YouTube to know just how much people love animals. It is difficult to get through the day without coming across at least one cute cat or dog video. And people just love their pets! They treat them like part of the family, and even when it comes to shopping for their pets – they really do know how to spend!
An affiliate agreement is when a company or an individual agrees to pay you for successful referrals. For example, Amazon has a massive affiliates program where they pay you a percentage of the sales you generate using their affiliate links. Affiliate marketing is everywhere these days. In fact, we’re able to offer our own Blogging Mentorship Program for free because Bluehost sends us money for every customer we refer.