I have had two Amazon stores (on two separate sites) since early 2008 and to date I have not made enough for a payout – I’m about half way there. The referral fee is so low, it drives me crazy. I get a lot of traffic and my sites have the potential for high-end items, but the items offered through Amazon in my niche are lower end and therefore lower priced. I utilize a few widgets on other websites, but again the same issue. Amazon is my least favorite affiliate program due to their low referral fees, but still worth it. After all, any earning in excess of my expenses is worth it.
Finding a good niche within the hobbies category is a great idea because even though I don’t have many hobbies of my own, there are a lot of hobbies I would have liked to have gotten involved in. So I can sort of experience the hobby vicariously through being an affiliate in that area, learning everything there is to learn about it and sharing that knowledge with others. And if it turns out to be not very lucrative as an affiliate niche, well, at least I will have learned a lot about the hobby! 🙂
These add review stars to snippets and increase click-through rates. I have tested many rich snippet plugins over the years and my favorite (and what I use now) is the WP Review Pro Plugin by MyThemeShop (view the demo). It’s fast, looks great (here’s a page I use it on), comes with 16 pre-styled designs, supports user reviews, and is well-supported by the developers at MyThemeShop. I was previously using WP Rich Snippets but the developer abandoned the plugin and hasn’t updated it for 2 years, and All In One Schema lacks customization options.
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.
Otherwise, it’s as easy as adding a link to the video description and asking people to click on it. Coupon codes are a huge bonus (if your affiliate offers this) since often times, you can give people a discount using your custom code, while crediting you the sale, without them even having to click your affiliate link. This results in higher conversions. (Tyler Moore does this).
If an affiliate changes the terms of its program, your revenues could be directly affected. Choosing the wrong affiliates can also be problematic if your blog or website audience doesn't feel compelled to buy their products or services. With the affiliate-marketing industry experiencing a boom, you’ll also have to contend with competition from other marketers shilling the same affiliate products.
The best affiliate marketers don’t do everything on their own. In fact, it is impossible to make good money doing absolutely everything from web design to content creation. You can choose to do one or two things, but remember that your main job is not unlike that of a CEO. You are in charge of coordinating the entire marketing scheme. You need to know and understand the details, but you don’t necessarily have to have your hands on every aspect. Learn how to delegate well because it will become your greatest asset.
Another top paying affiliate program is the one run by WP Engine. This company provides a highly efficient web hosting platform with different packages. Its commission rates start at $200 per sale. And it has a multi-tiered rewarding system. For example, if you are able to make five sales, you earn $100 but if you generate 10 sales, you are given a bigger commission of $250. It also has a program in which you earn extra money from the referrals of people who you invited to sign up as affiliates. You’ll also be glad to know that its cookies last for up to 180 days. The only drawback you have to be aware of is the product’s expensive cost, which does have an effect on the conversion rate.
To find a good program, start first with companies that are large and trusted. They generally offer lower commissions, but that is because they actually pay their commissions. Once you know which programs are interesting, scour the web to find out if they actually pay. You don’t want to put in the work, over months usually, just to find out that the company won’t pay. Finally, make sure that the program has a support system in place. The best programs should not only be in touch when you first sign up, they should also email you when you make sales, keep you up to date about earnings, and be available for problem-solving and troubleshooting.
Many affiliate programs will often run promotions with good discounts or giveaways that might be attractive to your audience. For example, if you're an Amazon Associate and the site have a big Holiday Sale, it would be the perfect opportunity for you to promote discounts to your website visitors. This is a great way to promote your offers while also providing good value to your audience.
The affiliate marketing industry is growing steadily. An independent survey commissioned by Rakuten Affiliate Network found that affiliate marketing is set to reach $6.8 billion by 2020. Ninety percent of advertisers included in the survey said that affiliate programs were important or very important to their overall marketing strategy, with the majority of publishers reporting that affiliate partnerships drove more than 20% of annual revenue.
John W. Newman is the founder of My Road to Financial Freedom.com and creator of The Residual Profit Secrets "Biz-In-A-Box" System. He is a lifestyle entrepreneur, investor, online business mentor, #1 Amazon best-selling author and proud family man! The aim of his business is to empower, inspire and equip people with the money management, mindset and strategies for success. His goal is to help people to create BOTH time and financial freedom, to escape their comfort zones, and live a balanced life with their health, wealth and relationships. He believes this can best be achieved by building a successful online business that will create both the cash flow and the lifestyle, so people can FINALLY live their dream life, WITHOUT the money worries! Join him on your OWN road to financial freedom!
Hi TOM, I have really enjoyed your shared nice piece of content with us. ..Actually, I am thinking to design and develop a mobile comparison website but you know, it’s not an easy job to collect mobiles data. A lot of time and cost is required to build such a website and I don’t want to spend a lot of money as I am new in this field. My colleague has recommended me RevGlue for this purpose as this a UK based registered company and are providing mobiles and its deals data for the UK only with the name of RevEmbed technology as I have read its blog revglue.com/blog-detail/13-setup-free-uk-mobile-comparison-website but I am the little bit confused as its a newborn company. Anyone, have experience with RevGlue. Guide me in this respect. Waiting for your kind response. Thanks in advance.
Yes, it is for those people who have failed to earn from it because they don't know what they are doing and who actually want to make money from them instead of teaching them the real strategy to earn form it. Which means for those who had find out the real strategy, they had earn much more from it. So, from this post you will learn the best strategy that works for affiliate marketing and you can earn from it.
I could have promoted WP Engine (hosting company) for $200/sale with no tier program to climb – sounds pretty good right? But when I checked ShareASale I saw their reversal rates were 24%! Just to give you an idea SiteGround’s reversals are less than 10%. WP Engine starts at $29/month while SiteGround’s is $3.95/month, plus SiteGround has a better reputation. I had to climb a tier program to higher commissions with SiteGround, but it paid off long-term.
Get specific. Just because a niche may seem very competitive, you can get more specific in any niche and discover gold minds. Let’s go back to the cat blog example. Instead of operating a “cat blog” you may instead have a “Bengal Cat” blog. This is more specific and would have less competition than a cat blog. Word to the wise, never go so specific that you have no one looking for that type of information. Find the right balance.
Yes Petra, this can be isolated work. I tend towards the niche of marketing-software because the demand is insatiable. But in 20 minutes I’ll be leaving the house (shock! phobia..) and going to joint venture with a ceramics import/export Co. doing their online marketing… help those clay brick ‘n mortar guys out! That’s where big money resides I say.. 🙂 GD. Perth
(Also, did you notice Michelle said you don’t even need to HAVE a blog to be a successful affiliate marketer?! I thought that part was pretty interesting. Meaning affiliate marketing would be a great side income option for anyone who was willing to learn to do it and put the effort into a social media account – like Facebook, Twitter or Instagram.)