Affiliate marketing is a highly profitable online advertising method in which website merchants pay independent third parties to promote the products or services of an advertiser on their Web site. In other words, affiliate marketing involves posting a company s banner on your Web site or blog and attempting to send visitors to their Web site. If someone clicks on that banner or goes to that site and buys something, you will be paid a commission. While some affiliates pay only when a sale is made, some selling big ticket items like cars, credit cards, travel, and so forth have modified the model and pay for qualified leads. Affiliate marketing is now viewed as a key component of a company's online marketing strategy.
Another consideration for choosing an affiliate marketing niche is whether to go for something ‘hot’ now or a so called ‘evergreen’ market. Examples of hot niches would include those related to new technologies or current trends, such as green living and solar energy. Hot niches can be great for making fast profits, but interest and sales eventually tail off. If you choose an evergreen affiliate marketing niche, such as Chinese cookery, you should be able to build an online business over a period of years.
This is a little delayed on the uptake but I recently created an affiliate marketing site with a service model (personal stylist kind of like Stitch Fix but only using Amazon items so I don’t have any inventory). Right now it’s free(!) and ultimately will be significantly under the price point of Stitch Fix, Le Tote, others in terms of both fees plus there won’t be any apparel markup. It will be smaller scale as well and without a lot of the overhead. The operations have been a little tough but I’m starting to make money. I haven’t done much marketing yet but am learning as I go (I’m a data scientist by trade). Check it out! http://www.dressjungle.com . And I’d definitely love a callout 🙂
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.
Content is King – The more successful websites had content that was around 1,000 words per post. Google identifies this as better content and it’ll help your search rankings. It can’t just be gibberish though, it helps if you break up the content into 6-8 different sections so it’s easy for the user to navigate while still being lengthy. I used to think 300 words was good and 500 was above and beyond. I’ll likely spend even more time on articles and aim for around 1,000 words per article like my most popular article “Robinhood App Review” at 1,500 words.
Nice post about Affiliate Marketing and creating a niche themed website. When I started out I took the route of the Affiliate Bootcamp because I was hearing that much based sites are dead and make no money. This article proves just that it is possible. I hope to be earning really good money sometime soon, if not I might have to try a niche based site instead. Thanks for sharing
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.
Flexoffers is another huge affiliate marketing network. They pay you (the affiliate) a lot faster than others in the industry. It has more than 10 years of experience in the field. While they do not offer anything that is neither groundbreaking nor revolutionary, they do provide a solid array of tools and features that will surely aid you in your campaigns. In addition to the fast payouts, Flexoffers lets you choose from thousands of affiliate programs to promote, offers various content delivery formats, and more.
For example, if I talk about how cool a product is, and then you find out that I’m an affiliate for them, wouldn’t you as a conscientious observer become skeptical as to whether my information is biased, if perhaps I’m only saying how cool something is because I can get paid for it? Wouldn’t that make you question my integrity with other things I say as well?