Trends. New trends are also affiliate marketing niches that work. For instance, IPADs have been around for sometime. As they were going to launch, this would have been a perfect affiliate marketing opportunity. It’s new, everyone wants it, and it’s useful. Perfect! However, fidget spinners have come and gone at this point. New trends with utility are those to look for.
The key is to work very hard on your affiliate blog, or for that matter, on your podcast or YouTube channel. While the top 6% of affiliate marketers around the world earn a six-figure income from this business, as someone starting out, you should aim for anything from $10,000 to $25,000 in your first 1 or 2 years in this business. It gets better as you go along and learn precious skills on the job.
People often make the mistake of thinking that they need to go big or go home. The truth is that you need to be good at whatever you choose to do and niche markets make it easier for you to focus and hone your skills. Don’t try to tackle all of sporting equipment, for instance. Focus instead on the one or two sports about which you are passionate. In short, pick a niche and develop a deep knowledge about it.
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.
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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.
Amazon’s affiliate program is the most popular of them all. I don’t participate myself (yet) but the majority of affiliate marketers I know use Amazon because… it’s Amazon. You can review products you have used or write tutorials (eg. how to connect computer to TV) and drop an affiliate link to an HDMI cable… just a couple examples. You may want to build relationships with the manufacturers so you can get products before they’re released – giving you time to create a review before the product is launched and capture sales during peak buying times.
Can you make money with affiliate marketing? The short answer is yes, affiliate programs can earn extra money and even a full-time income from home. The long answer is a little more complicated. Like any home income venture, success comes not so much from what you choose to do to make money, but whether or not you do what needs to be done correctly and consistently.