Hi Geoff, nice to hear from you! Sorry about the very late reply – I have not been keeping up with my sites and blogs. Life has become so busy there is hardly any time for what I would like to do any more… Anyway, how did you go with your Christmas toy sales? I headed over to your Squidoo lenses, very well done!! I hope they brought you in a little bit of cash for your efforts. I will try to be in contact via email, too. 🙂
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.
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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.
The area that really breathes life into the “Is affiliate marketing worth the effort?” question is trial and error. Successful affiliate marketing will take quite a bit of it, and you shouldn’t expect to build your website one day, and be flooded with commissions from sales the next. This is where many people give up on affiliate marketing, and get the wrong impression that just because success isn’t instant, it must not be for them. You’re not going to hit every mark from the get-go, and you’re going to need to look at your statistics to see what’s working and what’s not in terms of attracting audiences and turning their visits into new sales.
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.
Wow cool, I’m glad I found this article on your site. I’ve been wanting to get into some affiliate programs, especially a bigger named one like amazon or such. So it sounds like you have a bit of a mixed revue on it. Overall, how does it compare to other affiliate programs available? Personally I’ve always used eBay to buy my stuff. Does eBay have an affiliate program? If it does how would it compare against Amazon’s then? Overall I guess it would depend on what your selling and such. But thanks for the post, I live in the US so hopefully the check fee wouldn’t be a problem.
I am a member of quit a few affiliate programs, and I must say the I find Amazon the easiest and most convent program to navigate. They give affiliates a lot of choose in how one uses their products. To promote the commission may be low in comparison to other affiliate programs but the name Amazon does sell when you stay with them. I am happy to be an affiliate for Amazon.
Bluehost is one of the top web hosting services preferred by many website builders and online marketers. It runs an affiliate program that gives one-time commissions starting at $65 per each sale. The company’s plans start at $2.95 per month. As you can see, the cost of the product is low, but the commission rate is high. It’s no wonder many bloggers that are on the make money online or website building niche recommend this web hosting provider. After signing up with Bluehost affiliate program, you can get credit for each referral that you make within 45 days after the click has been made.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
I’m actually going through setting up a few different sites that are only going to be monetized with Amazon. There are certain benefits to Amazon such as a well-known website and added items on purchases and then there are negatives as well such as low commission and short cookie span. I definitely think you have to choose higher priced items if you want to make decent money from Amazon.
There is a saying across the internet that content is king. At the core of how affiliate marketing works is you providing excellent content that people want and need to read that has attached purchase opportunities to it. It is that simple in theory. Please read our post about how to earn money through affiliate marketing. It will give you information about how to get started.
Hi Dody! I honestly don’t think that’s a question that can be answered with an one size fits all answer. The best site for affiliate marketing will be based on your niche, what you audience wants and what you are comfortable selling. I know lots of people that RAVE about shareasale.com – I personally haven’t had wild success with them because they don’t offer many products that I personally have found useful / easy to promote on my blog. I would strong suggest taking the making sense of affiliate marketing course – it will clear up any questions you have about affiliate marketing 🙂
I joined Amazon affiliate program a few years ago and put links on my blogs and webpages with NO LUCK until I read a few blog posts about how to use a software program called Market Samurari (link above) to determine which keyword phrases have the most traffic and the least competition. They explained that if you are selling something like dog supplies, the #1 listing in google for the search term “pink dog collars” will only get “20” hits per day, while the search term “dog clothes for big dogs” will get “250” hits per day. (just made up examples, not real numbers). While the general term “dog supplies” has WAY TOO MUCH competition for you to even think about getting to the #1 spot on Google (where all the traffic goes). So the software can tell you exactly what keyword phrases you should target to get the most traffic for the niche you are in.
Anyone can become an affiliate marketer. It requires little or no start-up costs as you won’t be involved in the creation of the product. You will have nothing to do with the shipping or the customer service, don’t need to buy any inventory, and can instead focus on what you do best – selling the product or service. You may have to spend a little on the web hosting and domain name, but that’s not really much.