Last but not least, affiliate marketing can be very lucrative (although keep in mind that it’s not a get-rich-quick scheme). Since you’re earning a percentage of every sale you refer, there’s no maximum ceiling for earnings either. This means that if your affiliate site takes off in a big way, you could potentially end up making a great passive income.
Let us just say you have written an awesome article, but the affiliate products you usually sell will not fit with this content. You have a feeling that people who read this content might want to buy a particular product. For example an article about keeping children safe online might be suited to software like Net Nanny rather than an Antivirus program. The need would be direct and far more precise.
Alright, I know that was a lot to digest, but if making passive income was easy, don’t you think we’d all be walking around, draped in velvet like the fancy people we truly are? Making money off blogging, passive income no less, is super difficult… and it takes hard work and dedication. With these basics out of the way, it is my genuine hope that you now feel (somewhat) less confused and more motivated than ever to tackle this beast. If you haven’t run away to the woods yet, you might be wondering, “ugh crap what do I do now?”
Let’s say you have a promotions page where you’re promoting a product via affiliate links. If you currently get 5,000 visits/month at a 2% conversion rate, you have 100 referrals. To get to 200 referrals, you can either focus on getting 5,000 more visitors, or simply increasing the conversion rate to 4%. Which sounds easier? Instead of spending months building domain authority with blogging and guest posts to get more organic traffic, you just have to increase the conversion rate by 2%. This can include landing page optimization, testing your calls-to-action, and having a conversion rate optimization strategy in place. By testing and optimizing your site, you’ll get far better results with much less effort.
If you are reading this post as an online marketer who may want to become an affiliate, feel free to drop me an email and I’ll be happy to guide you. You will find this video of help, but for an advice tailored to your needs, shoot me an e-mail, and I will be happy to find good matches for your website, PPC campaign, or any other online marketing initiative.
Once you’ve done all the heavy lifting of niche selection, keyword research, and competition analysis, then you can finally start building your site. It’s important not to skip all the steps above. You’d hate to spend months on a site, only to learn that it won’t be profitable at all. All that hard work for nothing. You can read more about why I use WordPress for my Amazon sites.
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. The two forms of marketing are differentiated, however, in how they drive sales, where affiliate marketing relies purely on financial motivations, while referral marketing relies more on trust and personal relationships.
Amazon has spent years perfecting the art of online selling and you’ll learn a lot about online marketing by observing how they do it. They constantly test different ways of promoting products and have evolved their site quite a lot over the years. See what widgets they use to promote related products, watch how they use reader reviews, and see the way that they describe products.
The above three give you cash, but many merchants give you store credit. Examples of those would be Stitch Fix, thredUP, Zulily, The Honest Company and more. Whether those would be worth it to you will be dependent on how much you shop there. Stitch Fix will give you up to $600 a year in referral credit. That's $600 worth of clothes that I don't have to pay for. That's worth it to me. Once I hit that $600 mark, I switch out the link for their Commission Junction affiliate link so I am still earning on any signups after I hit their referral threshold.
Developing and monetizing microsites can also garner a serious amount of sales. These sites are advertised within a partner site or on the sponsored listings of a search engine. They are distinct and separate from the organization’s main site. By offering more focused, relevant content to a specific audience, microsites lead to increased conversions due to their simple and straightforward call to action.
Good comment Jason, at some time in the future Amazon may decide they have so much market share they don't need affiliates anyway. I mean, if you're just sending them people who are already Amazon customers there's not so much benefit there for them. Or they may decide to only work with select HIGH QUALITY affiliates and the average "affiliate site" owner will not be chosen.
Anyone can start a video blog absolutely free on YouTube, assuming you have access to a web cam or other digital camcorder. Youtube is a great place to promote your Amazon Associates affiliate program links. You don’t need anything fancy. Simply review products or you can just start a video blog about any niche topic you want. I guarantee you there will come a time when you can recommend products to your audience. When you do, tell your audience you have put a link in the video description to the product you’re referencing.
Focus on reviewing products that fall within your niche. Then, leveraging the rapport you have created with your audience and your stance as an expert, tell your readers why they would benefit from purchasing the product you are promoting. It is especially effective to compare this product to others in the same category. Most importantly, make sure you are generating detailed, articulate content to improve conversions.
This is a very common way to promote offers. For example, you will often see a blog post with links to certain products or services. If the reader clicks through and makes a purchase, the blog owner will make a commission. These in-text links blend in with other content on your site and are a great way of promoting an offer within your content, without being over-the-top salesy with banners.
One great traffic driver for me has been my new Travel Resources page. I put it up less than a month ago, created some pretty pins for it and it has done superbly well on StumbleUpon and Pinterest (racking up over 1.5k repins). This boost in traffic has helped substantially increase my conversions for Amazon, which was not a huge earner for me before. So, traffic + affiliate links = happy money dance.
Although affiliate marketing is an incredibly effective online strategy, many businesses have yet to take full advantage. This presents a huge opportunity for you to gain an extra edge over the competition, but you’ll need to move quickly. As we saw in the statistics above, more and more companies are engaging with affiliate marketing to drive revenue. If you don’t incorporate an affiliate program into your marketing strategy, then you’re likely to be missing out on sales.
Some of the most successful content in our network is repurposed for email, social media and other channels to enable publishers to share their expertise as widely as possible. If you’re an expert in your area, it only makes sense people will want to discover your content, get advice on purchases they’re making and act upon them in a channel of their choice. So think about how you can generate interest in your content from other avenues than search alone.
To define affiliate marketing is that it’s a technique where other publishers and websites will promote your business. Basically the way it works is that an affiliate is rewarded every time a visitor, customer or sale for your business is generated through an advertisement on their web site. There are many different ways compensation is provided, but the concept remains consistent—you pay them for generating business for you. If a viewer is at the affiliate’s web site, and the affiliate doesn’t quite have what they’re looking for, they can easily click over to your web site. It’s an increasingly popular technique for those seeking to maximize they’re staying power on the web.
I just LOVE your writing style, Christina! I recently purchased the Making Sense of Affiliate Marketing course, but have yet to really dig in. I had NO idea all of those crazy complications with Amazon! I’ve already been rejected once 😛 But luckily, though my ego was bruised, I pressed on and am now on round 2 (with no success so far..lol) Hopefully with this post and the course I will make something in the next 90 days!
Affiliate marketing on Amazon may not make you rich (at least right away), but it’s a really solid, reliable place to start. And even though the commission rates may not be as high as some networks, your likelihood of a sale is greater on Amazon. Plus, you can get a share of a customer’s entire cart if they click on your affiliate link—even if they end up buying something different from the original product you promoted. And the fact that it’s the most popular online marketplace in the Western hemisphere is nothing to sneeze at!
I would like to add that for information products, a lot of the time it’s pretty easy to rank for “information product review”. I recently did a review of a popular ebook that is a month long discipline program. I went about it by doing the actual program and documenting everything. At the end of the month I wrote up a 2700 word article summing up the whole experience.
Start a new Facebook group in niche area and start recruiting people through paid advertising on Facebook to “like” your page. Paying Facebook for followers can be extremely cheap. I grew my Facebook following on DogFoodInsider.com to 25,000 followers at under 1 cent per like. The trick is, you have to be super targeted. My ad for DogFoodInsider.com simply said this…
If you would like to take a more subtle approach, include a product or service from your company that relates into your blog post. For example, let’s say that you are a wine connoisseur and that is what your blog is based around. In any post that is enticing your readers to open up a good bottle of Merlot or what have you, it would be wise to embed an ad for a quality, easy-to-use wine opener, wine glasses or stoppers that keep the wine fresh.
This site might seem authoritative, but it doesn’t really cater to the visitor. As you can see the site contains a ton of ads, and doesn’t do much to provide a good reading experience. The content is long, but it’s also very hard to read. You could easily create a site that reviews this product and provides a better reading experience and higher-quality review.
This is my first comment on your blog and I am really impressed by the quality of the content! You said that Amazon is famous but it’s complex and I agree with you upon that. As a beginner, I don’t think it’s a good idea to join complex affiliate programs. I recently published an infographic about affiliate marketing sats (https://www.earnyfy.com/affiliate-marketing-stats-2016) amazon was not the list of top affiliate networks used by affiliate marketers. I think Clickbank is good for the beginner. And another I think liked is that telling people that it’s not as easy as it sounds. Most people think making money is really and when they know the truth they call it a scam and give up.
Websites and services based on Web 2.0 concepts—blogging and interactive online communities, for example—have impacted the affiliate marketing world as well. These platforms allow improved communication between merchants and affiliates. Web 2.0 platforms have also opened affiliate marketing channels to personal bloggers, writers, and independent website owners. Contextual ads allow publishers with lower levels of web traffic to place affiliate ads on websites.