Of course you want affiliates with high commissions, but they should also have a solid reputation with high conversions and low reversal rates (you get $0 if people cancel after signing up). If they’re part of an affiliate marketplace like ShareASale or ClickBank you can see some numbers there. Companies likes Amazon/SiteGround are safe bets, otherwise do your research (or track your affiliate links so you can monitor their performance). Avoid affiliates offering huge commissions since this probably means they’re struggling to acquire/retain customers naturally. This will hurt your numbers (specifically your conversions/reversal rates).
Once you’re financially stable, I hope you start giving back. It feels good and people like the idea of supporting a good cause (they will be more likely to click your affiliate link in your disclaimer). This also means you don’t have to use as many links in your content and risk getting a penalized. Last year I donated $3,000 to Red Cross At Hurricane Harvey.
You Don’t Need To Track Affiliate Links To Improve Conversions – you will always hear people telling you to track affiliate links. But for me, I generally use the same content about SiteGround on all my speed optimization articles… it is very important it converts well. Change your approach on how you recommend your affiliate product (it’s perfecting your sales pitch).
If you are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.
If you want to make real money with affiliate marketing, then set aside the idea that it is a get-rich-quick scheme. Affiliate marketing will only lead to immediate riches if you cheat and that, eventually, can lead to fines or jail time. If you want to make money at affiliate marketing and sustain that income over the years, then you have to do it right and that takes time.
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
To break down the question “Is affiliate marketing worth the effort?” take a look at the efforts I’ve laid out, and determine for yourself. In order to be successful in affiliate marketing you’ll need to choose a product category to focus on, learn about your audience, build a website or blog audiences can trust, create LOTS of content, and promote your content and your product, and with the right trial and error, you could be well on your way to receiving those commission checks from happy brands earned by referring happy customers. In terms of regular maintenance you will need to keep up with the latest online marketing trends, promote your content regularly, and continue learning about how your product category of choice is developing in today’s modern age in order to remain a trusted resource on your chosen topic.
The products and services you will be promoting to your audience must be relevant and good quality. Make sure you believe in them and know everything about them, because this will be crucial to you delivering the sales pitch to your audience. You need to build trust with your audience so make sure the products and services you choose to promote are trustworthy enough.
The internet offers boundless possibilities for earning a living online. Upwork and Freelancers Union found that 35% of the American workforce was doing some type of freelance work in 2016, and 73% said technology made it easier to find that work. One of the ways to harness the internet as an income source is pursuing affiliate marketing. It’s intended as a way to generate passive income, but does it really work? Let’s consider.
Thank you for the detailed article. For me personally is very inmportant the part that explains that is not a get rich quick scheme as many people expect tot get passive income in a week. You basically never start learning but how you said with the step just like building an email list you can get slowly there. How did you get into affiliate marketing for the first time?
All CPA marketers put their eggs in one basket. I’ve seen plenty of the greats go from zero to hero and vice versa several time in their careers. The smart ones learn to build their own business in the process and pimp their products to CPA newbies (where the real money is). So if your only focus is to make the most money you can I would advise you not to spend it all because that business model won’t last.