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).
And what about joining another company's affiliate program? It's all about extra revenue. Think about your customers' needs: What other products or services would interest your site visitors? Join those affiliate programs. Affiliate programs can increase your sales with no upfront cost to you. It just takes a little time to plan your strategy and select the partners that will have the greatest impact on your business.
This book is badly organized. For starters much of it points to information in prior books of the author. The author also commits an entire chapter describing how the book is laid out. Also the author repeatedly states that he won't waste time trying to convince you that affiliate marketing is a good idea and then spends several pages arguing that it's a good idea. The examples given are also weak. The only reason I'm giving this 3 stars is because it did provide some useful information, though I had to wade through 3 chapters first before finding any. I finally gave up on this book and gave a cheaper one a try. It turned out to be much better. If you're in the market for a digital book on this topic try Affiliate Programs: How to Make Money Online with Other People's Products by Joel Comm instead. It gives you just enough info to get you going in the right direction and is a much better value.
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.
In the case of cost per mille/click, the publisher is not concerned about whether a visitor is a member of the audience that the advertiser tries to attract and is able to convert, because at this point the publisher has already earned his commission. This leaves the greater, and, in case of cost per mille, the full risk and loss (if the visitor cannot be converted) to the advertiser.
You may have heard of ClickBank, one of the oldest and most popular affiliate networks. A billion-dollar company, ClickBank specializes in digital products like e-books and software, as well as membership sites. If you are comfortable selling information and don’t want the management and administration hassles of “real” businesses, this may be a good starting point. Its commissions can be anywhere from 10% all the way to 75%.
Product promotion — Lastly, we come to what you’re really here for: the opportunity to partner with organizations in selling their products for a portion of the profits. A lot of what we’ve mentioned previously will come into play when deciding exactly how to promote products. You should continue to consider your niche, audience, and goals when choosing how to promote products. You could take the route of being a real product user who reviews items on your site. People tend to trust individuals more than they do brands, and using your site as a sort of product review resource could appeal to the masses.
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.
The general idea of affiliate marketing is simple, but it does require a certain level of learning and experience to master it. You can literally start signing up for various affiliate accounts and start promoting them in blog posts, in email and on social media (be sure to read the fine print though because some programs don’t allow all methods of promotion). But if you really want to start affiliate marketing the right way, I suggest you listen to a professional.
You can choose multiple products to promote. There's no hard number -- but when you only have a little bit of traffic, you're best focusing on 1-3 products. As your traffic grows and you get more customers and more email subscribers, you can diversify more. It really depends on how your offers are received. So when you add new products, keep checking your analytics.
With website builders, you get what you pay for. While they have plenty of free templates, more professional-looking websites will always cost more money. However, this investment could be worth it, especially as a website is one of the few startup costs for affiliate marketers. The social media profiles you develop are dependent on your niche and target market.
LinkConnector imposes a very rigorous and lengthy screening process, so you’ll need to prove that you have a high-quality website and established audience before being accepted. Despite its somewhat schizophrenic approach, LinkConnector does have some very happy long-term affiliates. And their “naked links” allow for direct connection to the merchant website without having to be rerouted via LinkConnector, which will give your website an SEO boost.
The other monetization method is through the sidebar (and also at the end of every article) is education lead generation. They are probably an affiliate of a number of different schools or other educational lead companies. However, not only are they probably making good money with the site, but they offer great content on the site. They allow users to search by state to find local salaries and much more information. Content is important!
The website has lots of affiliate links to Amazon. So, when people look at their reviews and go to buy something from Amazon, they earn commissions. In addition, they have for sure the highest commission rates from Amazon and from other partner sites because they have so huge volume. Top Ten Reviews also uses ads and I think they make a nice income with them as well.
Leanne, that was great stuff. I saw some interesting delineators I’d never seen before, like how many subscribers you have making a difference in whether you should start with affiliates, at what level, etc. I appreciate the “ethical” angle you weaved throughout this, too, because affiliate marketing can/does have a bad reputation due to the way it’s been abused in the past. Your article will help educate current and future affiliate marketers, much appreciated!
Affiliate marketing has now invaded Hollywood? We know it invaded US politics in Washington as some politicians (current and retired) are silent affiliate marketers or in MLM. Maybe we can look forward to hearing in the next few years about more celebrities going from actors and actresses to home-based affiliate marketers. Wouldn’t that be something?
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.
Sometimes, individual entrepreneurs with great products are worth a look, although you should check them out first and do some research. Entrepreneurs or companies may run their own affiliate program and you can apply directly to them to promote their products and services. Finally, Amazon is always an option as you can be an affiliate for just about any type of physical product on their network.
Very nice article! Affiliate marketing is perfect for bloggers as long as they offer quality content and are upfront about it. If people are willing to donate money to YouTubers via Patreon, why wouldn’t they buy something that they want or need through the site or blog of someone that offers them great content and support his or her efforts? It’s a win – win kind of deal.
While their top keyword that they get organic traffic for is about Baby Monitors, articles like these that are monetized via Amazon Affiliates are only a fraction of site revenue. I'm sure that display ads make up the bulk of their income, either through an ad network or selling their own advertising space. It does appear that they are currently monetized with adsense, but that could be part of their monetization strategy with any larger ad network. There are larger ad networks out there that typically deliver a higher RPM than just Adsense these days, so that's something that every website owner with some serious traffic should look at. Overall the traffic that Fatherly.com generates every month is extremely impressive.
Writing good advertising sales copy (copywriting) is the other important skill for internet marketers. The good news is that when it comes to affiliate marketing, many vendors will provide you with copy to use for your blog posts, websites ads, etc. They'll give you the emails to send, the banner ads to display, and even posts you can use on social media (such as Facebook, Twitter, LinkedIn, etc.).
This Affiliate Marketing Website was built as a live case study within Wealthy Affiliate over a 4 week period. Members were able to watch every single step I took while building the site. From keyword research to showing profits – every step was shown live and recorded. If you’re a member of Wealthy Affiliate, you can watch the entire case study from start to finish. Here’s a post that outlines the entire case study.