According to Wikipedia, “Nordstrom Inc. is an American chain of luxury department stores, also operating in Canada and headquartered in Seattle, Washington. Founded in 1901 by Swedish American John W. Nordstrom and Carl F. Wallin, the company began as a shoe retailer and expanded its inventory to include clothing, accessories, handbags, jewelry, cosmetics, and fragrances.
An affiliate program refers to the arrangement in which a merchant or owner of a product pays a certain amount of commission for the sale generated by an affiliate. The affiliate sets up a website where he/she will post affiliate links that will direct visitors to the merchant’s site so they can make a purchase. Information on commission rates are provided in the program.
The affiliate marketing industry is growing steadily. An independent survey commissioned by Rakuten Affiliate Network found that affiliate marketing is set to reach $6.8 billion by 2020. Ninety percent of advertisers included in the survey said that affiliate programs were important or very important to their overall marketing strategy, with the majority of publishers reporting that affiliate partnerships drove more than 20% of annual revenue.
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!
Good review, Petra! One tip that I would add is that the Amazon Affiliate program (there’s another keyword repetition for you 😉 tends to work really well around Christmas time — even though Amazon’s commissions are small, people tend to be buying a lot of gifts at the same time, so if you can get them to click through your site you can end up getting credit for a lot of purchases!
This is an awesome post, and am very happy to have wandered across it – you really go into detail about your personal experience with Amazon’s program, and it is a hugely helpful story to hear. I’m thinking of monetizing through affiliate links at some point, and hearing about that generally in other blogs is kinda annoying. What I need to hear are specifics, even if the specifics won’t apply to my situation. What I need to hear is how real people actually go about doing something, and your post accomplished that. Bookmarked.
Your words are your own, so be nice and helpful if you can. Please, only use your REAL NAME, not your business name or keywords. Using business name or keywords instead of your real name will lead to the comment being deleted. Anonymous commenting is not allowed either. Limit the amount of links submitted in your comment. We accept clean XHTML in comments, but don't overdo it please. You can wrap code in [lang-name][/lang-name] tags.
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.
Another simple but effective website builder that you should consider becoming an affiliate for is Weebly. This website builder is now being used by more than 40 million people worldwide. This is true even though it’s not as advanced as other website builders. What people love about this one is that its drag and drop interface is very easy to use that even if you have zero knowledge in this field, you will not have a hard time figuring out how this one works. Its affiliate program, which you can find on ShareASale provides 30 percent recurring commissions as long as your referral remains active. Its cookie meanwhile remains for up to 120 days.
Petra, I’m in Perth, WA and have been feeling quite similar disappointment about Amazon’s associate program. 7 or 8 years into it and I still haven’t reached the $100 payment threshold! I’ve been selling books but believe big earners are selling items like plasma TV sets. Don’t get me wrong. I’ve made hundreds of thousands selling digital, software products via ClickBank and via HD Publishing so I’m experienced. Everything depends on 1. Targeted Traffic; and 2. Conversion. Whatever you focus on tends to enlarge and improve, with feedback, so I’ve just neglected the Amazon neck of the woods. But it must take immense traffic to do well there. Supermarket level traffic?
If you have built up an email list, you could also promote your affiliate offers via email promotions. Just make sure you build up a relationship with your audience first instead of going for the hard sell straightaway. The emails you send out must contain your affiliate links to products so when your audience click through. the sale is attributed to you.
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.
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.
Many affiliate programs will often run promotions with good discounts or giveaways that might be attractive to your audience. For example, if you're an Amazon Associate and the site have a big Holiday Sale, it would be the perfect opportunity for you to promote discounts to your website visitors. This is a great way to promote your offers while also providing good value to your audience.
Hi Petra, I have to agree with the first Chris, Amazon is great when you target a niche where people want to “buy now”. Something like “last minute gifts for …” or similar. One person I know of that has a lot of success with his astore is Darren from “Digital Photography School”, his astore has even a page rank of 4 😉 Have a look at his site to see how he implements amazon products into his site content seamlessly. Another great example on to learn “how they do it” 😉 SY
Let’s ask you something, if affiliate marketing is not profitable then why so many people are digging their nose in this. Why the competition is so high these days? It’s simply because they see a lot of money in this business. As a matter of fact affiliate marketing is something in which you can make huge money and even without much investment. We know you may have three queries in your mind:-
I am new to all this. I saw that Chris Guthrie posted quite a while back on here. Did you change any of your strategies based on his blog? How are your amazon sales going these days? So far, all I have on my site is amazon. I also was curious, I understand Google looks at load time and I had 2 amazon widgets on my sidebar that took a long time to load, I recently removed those, hoping it will help my rankings, which need alot of help! :o) Looking forward to hearing how things are working for you these days.
They are one of the biggest affiliate programs available. Shouldn’t it be possible for them to offer their affiliates to be paid via PayPal, or even offer international associates (and there are bound to be many of them!) to be paid via direct bank deposit? I am with other affiliate programs where this has never been a problem, why isn’t it available here?
You advertise a product on your blog and you get paid whenever somebody purchases. Affiliate commissions can be 50% and over of the sales price for electronically deliverable products (eBooks, software, etc) that have no replacement costs. Physical products can offer 2% commission upwards. It doesn’t sound a lot, but if you sell a $10,000 entertainment system from a click on your site…
Your domain is the address for your website (e.g., www.affilorama.com) so this is the first thing you will need to do when setting up your site. Considering there are millions of websites on the internet, it's possible that the domain name you want may already be taken by someone else. So make sure you have several options in mind. Be sure to read our advice on how to choose a good domain name.
I just stumbled on your site, Its a new year and I really want to start up something on the internet that I can make an income from. I've browsed through various topics but havent figured out yet where to start from. I've heard the term Affiliate Marketing but dont know how it works, then I've seen some of protifable niches you listed in '1781' . How can I affiliate with a niche that I know nothing about but its profitable?
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.