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.
Find your passion. Think about what you are really great at doing. Maybe you are an artist by trade or by hobby. That is the niche you want to select. Why? Affiliate marketing niches work for YOU when you are able to create blog or website that you can actually write great content about. You should only select niches to market in that you have some expertise with. If you are not certain what you might have an expertise in, check out our blog post about finding your passions. It may help you choose one to four niches that are a match. And the third piece of if affiliate marketing can make your rich is persistence. Doing marketing in a niche that you have passion about will make you more persistent in going after this. That persistence will allow you to stay engaged. Affiliate marketing is a long game, with high possible pay off.
Who doesn’t know about Expedia? This travel brand is known to have affiliates that get access to more than 250,000 hotels and accommodations. It runs 150 websites in more than 70 countries all over the world. It is also known to have one of the highest paying affiliate programs today. It only offers 6 percent commission rates but since the conversion rates are quite high you can expect big earnings when you become an affiliate for this company.
Once your hosting is set up, you need to install a content management system (CMS) for your site. We recommend WordPress because it is easy to use and a beginner (like you!) can quite quickly figure out how it works. Most good hosting providers will have a one-click install option for WordPress, which means it will only take you a couple of minutes and you will have WordPress installed on your site.
So, use Google Autocomplete and other keyword research tools to find opportunities to sell affiliate products (or more so, help people find a solution), and see what’s out there. Analyze the top results and learn your competition. I spend many hours searching for “good” keywords so I can write articles that would not only rank well, but also convert since these people are looking for solutions on making their website faster.
But let’s be totally honest for a minute here. There are millions of blogs out there, and a fraction (I dunno, less than 10%?) of bloggers are earning any money at all. And even fewer are earning full time income. The fact that I was able to join the ranks of “the full time income earning bloggers” just 7 months into blogging is sort of unbelievable. (Only, do believe it, because it happened!)
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
BTW, I am ranking for keyword phrases like “Beach Decor”, “Beach Theme Home Decor”, “Gecko Decor” etc, and would have thought that people looking for these things are looking to buy. But they are probably not specific enough yet, they are just browsing….. Could you supply us with a few of your site’s URL’s at all so we can see what your blogs really look like, or is that too much to ask? 😉 I would understand if not…
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.
First and foremost, you’ll want to find a product category you believe in and focus on it. You don’t want to spread your affiliate marketing out too much, and by focusing on one specific product category, you’ll be able to pinpoint audiences to market to and establish yourself as a trusted source on a particular subject. If you spread out too much, you’re going to need a lot more effort to attract much smaller audiences, rather than allowing your knowledge on one particular subject bring people back again and again. Here’s a bit more info on how to choose a good niche.
Without doubt that was by far the best summary of “Greatest Tips” I have read to date. It is so confusing out there…I want to help my son who struggles with cranky bossy managers to empowering him and havening him live life on his terms. I know affiliate marketing is the way out but where to start?? Do we set up on Shopify and offer other people’s products? Do we set up a blog with a few good links? Do you go to clickbank and peddle the China trinkets etc? Its a tough one to sort but this tutorial was an easy to understand read and you have my word that any of the hosting or other services offered I will use your affiliate link to thank you for sharing your knowledge and your mistakes. Sincerest thanks Tom!
If you follow the proven methods I’ve used to build my affiliate marketing business, you’ll spend the vast majority of your time WRITING. My business is all about creating content, content, and more content. Are there other ways of succeeding at affiliate marketing? Certainly, but I find that content marketing is by far the single most profitable method of affiliate marketing.
In simple terms, affiliate marketing means selling another person’s or company’s products and services. It’s like a referral service. You set up a website or blog and join affiliate programs that are relevant to your audience. You can connect to these programs through affiliate networks that provide you with a link that you include on your site. When someone clicks the link and purchases the product or service you’re marketing, you receive a percentage of the sale proceeds as a commission.
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.
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.
To add to what safety flooring put, Amazon affiliate window provides many inexperienced / cash poor entrepreneurs with the chance to get the ball rolling on ecommerce. If you have no money to invest in stock yet you want to develop SEO / website skills, this would be a good place to start. Using Amazon affiliate will enable you to look at things like targetting searches, attaining and converting traffic – the fundamental principles of ecommerce planning, creation & implementation.
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.