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.
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).
Yes, there is an affiliate program for affiliate marketing! One of the best that you’ll find in the market today is Affiliorama. This is a membership site offering premium content about affiliate marketing. When you become an affiliate for this, you can get 50 percent commission for every membership that you’re able to secure. The commission is recurring for as long as the member stays active with the program. Cookie duration is 60 days. You will get paid via PayPal each month.
I run an online baseball training platform focusing on the mental side of the game! We are trying to add on influencers/affiliates to help drive more traffic and help them gain more traction.. I have seen affiliated marketing for a little while now and I am ready to move in on it. What recommendations do you have for a baseball company trying to expand its reach through affiliates?
I have similar experience like most of you do in the beginning for being an Amazon affiliate. However, things have been totally changed in Christmas of 2011. Starting from October, people starting to visit my website and I didn’t know where they came from. Before that , I only got about 6000 visitors in my website but by November and December, people just came to my website like a wave and nothing could stop them. Every day I have 20-30 sells and I have sold more than 200 items in month and some of them were high commission stuffs as well and many people also wanted to rent my website to post a link in there as well. By the end of December, I have more than 120,000 visitors to my website and I have a great year with Amazon and made $128 in November and $613 in December alone. Plus some traffic income from my website, I feel happy with that. Although traffic has been totally drop down after Christmas, but I feel happy with Amazon since it is easy to operate and no headache at all.I am still waiting for my first check to come (60days holding period) but I think it is already a small happy success for me already. I hope I will do better in 2012 Christmas. I didn’t put any effort in the last two years for being an Amazon affiliate but this year, I will do my best. However, it would be nice to have some other affiliate program that will pay much more but with good links and html for their products to paste on the website as well. But good program with all these are not easy to find. Commission Junction, I tried it before but it didn’t work for me but maybe I can try it all over again. As long as you have target traffic for your website, you can try to promote more and different things. The best of all, my website is free and they will pay you for traffic when people just clicked their ads as well. I have a new website on Valentine gift ideas just published with this free website program, you can feel free to take a look if you want to. Anyway, May God bless everyone in 2012.
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.
I eventually learned the best model (for me) was to copy what Yoast did… charge a flat free for SEO Audits. People were always super happy with my audits. I still have my SEO audit templates (one for local SEO, national SEO, etc). Sometimes it would only take me 4 hours to write an audit and I would get $750, sometimes more if they wanted a more thorough audit. Maybe I undercharged?
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.
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 ;-)
Creating blog content is a very useful and effective way of consistently building content on a site. When creating blog posts, it's a good idea to do some keyword research to figure out what it is that your audience is interested in and searching for online. Also, be sure to research competitors, forums and social media to narrow down on topics for your blog.
Start your affiliate marketing career by choosing a handful (maybe half a dozen) of products that you are interested in, that you feel you can learn about, and that you can market confidently. If you know a lot about microwave ovens, for instance, then you should look for an affiliate program in that niche and avoid, say, conventional ovens. Of course, that’s a silly example, but the point remains. Focus your efforts on a few great products and a few great websites to promote them.
That is the 1st car I have EVER purchased myself at age 29 (I was broke until then and leased from my parents). But the time committed to affiliate marketing and creating great tutorials and YouTube videos was worth it… I work for myself, there is virtually no limit on how much I can make, my schedule is flexible, and I collect enough passive income to live the life I want.
Español: iniciar un negocio de marketing de afiliados, Italiano: Iniziare un Business di Affiliato Marketing, Русский: зарабатывать на партнерском маркетинге, Deutsch: Ein Affiliate Marketing Geschäft beginnen, Français: se lancer dans le markéting d'affiliation, Bahasa Indonesia: Memulai Bisnis Pemasaran Afiliasi, Nederlands: Een affiliate marketing bedrijf beginnen, العربية: إنشاء شركة تسويق بالعمولة
hello Stuart, i must confess that you've been fantastic here with all your posts and i want to say here and now that I've learned a lot, but my problem is that i don't know the one to go for now, I'm confused i want to make my full time living online but i don't know were to start from. pls i need an online business model that will make money and last forever with a low start up budget. your advice is highly needed please.
Diane, leave valuable comments on other blogs (preferably dofollow and commentluv blogs), become active in forums where you can leave your websites link in your signature, maybe try http://www.linkreferral.com for a while, to get your visitors up. Just keep link building and interacting, and you will get there. But you need to be patient. I wouldn’t buy traffic.
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.