Carly I’m so happy for you! And thankful for all you have done. Your series for the Computer Confused and Tech Troubled really helped me turn things around with getting my blog going. I still got a long way to go, but I’m making progress. It’s so inspiring to see your September income report and that you’re doing something that will allow you to realize your dreams of staying home with your child. I couldn’t be happier for you!
Hi Petra, I am writing to thank you for this article which I read a while back. So far I have been at affiliate marketing and trying to find niche markets etc. for more than three months now. It is a struggle but I am enjoying the challenge. Anyway I finally made some money. $11.85 to be precise on Amazon. I couldn’t believe it, I had pretty well given up expecting to make even $1.00. The one disappointment with them is that they charge $15.00 if I want a cheque because I live in Canada. If I want a gift certificate, no problem, no charge. By the way I seem to remember reading in one of your posts about backlinks for .14 cents a link minimum $5.00 I think. I have hunted for the post but it eludes me. Can you give me that posts URL please, if it’s not too much trouble? Thanks again
Petra- your keyword phrase “Beach Decor” can expect to get 374 hits per day for the number 1 spot on Google, but there are 189,000 websites in competition with you (hard to get to #1). But you can get to #1 easier with the keyword phrase “Sea Decorations” and if at #1 you can expect 50 hits/day and only competing with 12,600 other websites. Also “Beach Party Decorations”, #1 Google spot can expect 40 hits/day and competes with 16.200 other websites.
The best way to think about affiliate marketing is quality over quantity. There are a lot of small websites that will promote your product, but the key is finding a small number of partners that will deliver conversions. For example, an equity management services firm has over 20,000 affiliates in its system, but only about 25 affiliates generate 85 percent of revenue.
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The second reason that niche topics will bring you more money is because competition is less fierce. Rather than compete against dozens or even hundreds of other marketers, you’ll only have to compete with a handful. In fact, you may not even compete with the other marketers at all. They may become your friends because you share similar interests. Together you will tackle the market to make even more money.
I would have one partner create a separate page/contact form specifically for the advertiser – so only people who see that contact form are people who were referred to by the advertiser. The advertiser would use that page as their outbound link. I know you can track outbound clicks in Google Analytics events and Contact Form conversions (usually through most contact form plugins) but that is the best way I think. Never done it, but this is how I see most affiliate programs like that work.
My conversion rate went from 2.5% to 8% just by including Facebook polls where SiteGround was rated #1, along with a few Twitter screenshots and Facebook conversations. Whether it’s Amazon reviews or Facebook polls, you NEED to include outside opinions – that’s why I don’t like collecting reviews on my website – they look biased. But you can use WP Review Pro to do this, allowing people to review the product/service on your site and get those review stars.
In August of 2011, I started my personal finance blog with the hopes of teaching people how to save money after reading a magazine that featured a personal finance website in one of their articles. Due to that website, I became extremely interested in personal finance blogs, and my interest in blogging just grew from there. Before August of 2011, I didn’t even know that blogs existed. I didn’t know what they were, I didn’t know that they could make money, or anything like that.
You will make an excellent passive income for as long as you want in this line of work. In fact, you will even make money on your old blog posts written years ago, depending on the quality and relevance of your content. Your business will always stay open, and you will have cash flowing into your bank account 24 hours a day, 7 days a week, even when you’re asleep or off on a vacation.