Another survey from VigLink offers a closer look at just how much income affiliate marketers are bringing in. According to the survey, 9% generated more than $50,000 in affiliate income in 2016. The majority, 65%, said they were making between 5% and 20% of their annual revenue from affiliate programs. The survey also showed a link between timeframe and revenues. Among the publishers with the largest revenues, 60% had been utilizing affiliate-marketing strategies for five years or more.
Affiliate marketing is one of the easiest and most efficient ways of making money in today’s internet connected world. Affiliate marketing is far easier than what a beginner may think. It’s simply a partnership, where you and the business you’re promoting mutually profit one another. In fact, you can earn an extra money and even a full-time income from home.
Hi there! Thanks so much for this site. I heard about affiliate marketing many years ago but was always intimidated to get started as I did not know where to start. I thought it would be super complicated but after reading yuor blog, you make it sound so easy! I was just wondering if you could tell me if I am correct with my assumption and understanding on how to do this successfully-
I would have one partner create a separate page/contact form specifically for the advertiser – so only people who see that contact form are people who were referred to by the advertiser. The advertiser would use that page as their outbound link. I know you can track outbound clicks in Google Analytics events and Contact Form conversions (usually through most contact form plugins) but that is the best way I think. Never done it, but this is how I see most affiliate programs like that work.
BTW, I am ranking for keyword phrases like “Beach Decor”, “Beach Theme Home Decor”, “Gecko Decor” etc, and would have thought that people looking for these things are looking to buy. But they are probably not specific enough yet, they are just browsing….. Could you supply us with a few of your site’s URL’s at all so we can see what your blogs really look like, or is that too much to ask? 😉 I would understand if not…
Thank you – Danke! Yes, it takes a lot of hard work and patience to be successful. You need to put in all the ground work to get your site on page 1 of Google for your keywords to get a fair amount of visitors. Once you are there, you can earn a regular stream of income. But you also have to keep at it, don’t relax for too long, because Google might just take you off page 1 again, and then you are back to square one.
Great post and right on target. I found that if you blog and/or do videos that sharing little stories will help connect you to potential leads. I do how-to videos and posts and I always tell personal stories or my own experiences that relate to the subject. It works and I get personal messages from people about it. It makes you more real and down to earth in the viewer's eyes. Once they like you and trust you they will become a lead and hopefully a sale. They may very well become a regular buyer because you will be their go to person. For best results it's best to blog daily and do at least one video a day.
If you’re asking, “how much do affiliate marketers make” – well, Michelle Schroeder-Gardner makes over $50,000 / month from affiliate marketing. She is her own boss, and lives the dream life (on the road) with her hubby. She’s recently released a course on affiliate marketing, right from the what-it-is to the how-to-do-it (legally) – and the results her students (like me) have seen so far have been incredible.
I really enjoyed your peek into the affiliate marketing career. You covered areas that a lot of people fail to cover and that was refreshing. I loved that you broke it down into easy to follow steps, so that I the reader could not get lost or confused. The social media and email ideas were different that what I have been seeing and gave me some fresh ideas for my own marketing campaigns. You explained in great detail how the money actually comes which is another thing often skipped when people are new to this. Overall it helped me and gave me great ideas. Some questions, If you had to choose one social media platform to start with what would you recommend? As far as content goes what is a good weekly goal to set that allows you to add content regularly, and gain trust with your readers, but not feel overwhelmed with the writing process? Overall great article and very informative and helpful, I will be checking in for more tips in the future!
You advertise a product on your blog and you get paid whenever somebody purchases. Affiliate commissions can be 50% and over of the sales price for electronically deliverable products (eBooks, software, etc) that have no replacement costs. Physical products can offer 2% commission upwards. It doesn’t sound a lot, but if you sell a $10,000 entertainment system from a click on your site…
Hi Oli, I think with Amazon you just have to pick products that have quite a high price from the start. Me with my beach decor site, most home decor items are fairly cheap to buy, so the commission is not that great. You either have to sell heaps of cheaper products (which is very hard) or some expensive products (which I am not sure will be easy, either).
Thirsty Affiliates tracks, cloaks, and categorizes your affiliate links. Once you’ve signed up for your program(s) grab your affiliate links and add them to this plugin. This can take time if you will be linking to multiple pages on your affiliate’s website (which in many cases, you should). The pro version comes with statistics but I don’t even use it and I’m quite the analytical person.
Many website builders also prefer to use SiteGround, which is known for its efficient system and user-friendliness. When you become a member of this affiliate program, you can earn anywhere from $50 to $125 from each sale. The amount depends on the number of referrals you are abel to make. A notable feature of its affiliate program is that it gives weekly payment. Most other programs have a monthly payment system. It also does not impose any payment threshold. This is a great way to generate earnings more quickly.
One of the popular weight loss programs you’ll find today is Weight Loss Evolved. It is a customizable program that can be tailored to complement whatever the lifestyle of the dieter is. It can be accessed online so that it’s easier for the weight loss coach to implement the diet program and monitor the results. It also runs a profitable affiliate program. The average sale is $397 and the commission rate is up to 30 percent. It also has a high conversion rate of 16 percent.
Giving away a free informational product such as an e-book, an email series or a mini-course is a popular tactic many affiliate marketers use. Usually, your readers will have to provide their email addresses to receive the product from you. You can then use this to sell to them via email marketing. Additionally, an informational product can generate interest in the actual product you're trying to sell. If your product is popular enough and brings enough traffic to your site, you could also monetize the traffic in other ways, such as AdSense.
I absolutely LOVE affiliate marketing. Affiliate marketing can feel quite passive and it makes location independence and traveling full-time much more enjoyable. You can create just one blog post or social media post, and potentially earn money from it years down the line, as long as you maintain it and keep generating traffic to it. With affiliate marketing, I can enjoy life more and know that I am still able to earn a great living promoting products that I use and enjoy.