I have had two Amazon stores (on two separate sites) since early 2008 and to date I have not made enough for a payout – I’m about half way there. The referral fee is so low, it drives me crazy. I get a lot of traffic and my sites have the potential for high-end items, but the items offered through Amazon in my niche are lower end and therefore lower priced. I utilize a few widgets on other websites, but again the same issue. Amazon is my least favorite affiliate program due to their low referral fees, but still worth it. After all, any earning in excess of my expenses is worth it.
Anyway, to make a long story short….in my first 2 years I only made like $5 from Amazon, then I bought this software, used it to find what keywords I should actually be targeting for the topic I was writing about, and I’ve made $101.17 since buying the software 6 weeks ago. And I didn’t change any of the content on my pages, I only changed the titles, descriptions, and tags to match up with keyword phrases that had the least competition and most traffic for the topic/product my page was about.
Another top paying affiliate program is the one run by WP Engine. This company provides a highly efficient web hosting platform with different packages. Its commission rates start at $200 per sale. And it has a multi-tiered rewarding system. For example, if you are able to make five sales, you earn $100 but if you generate 10 sales, you are given a bigger commission of $250. It also has a program in which you earn extra money from the referrals of people who you invited to sign up as affiliates. You’ll also be glad to know that its cookies last for up to 180 days. The only drawback you have to be aware of is the product’s expensive cost, which does have an effect on the conversion rate.
If you’re asking, “how much do affiliate marketers make” – well, Michelle Schroeder-Gardner makes over $50,000 / month from affiliate marketing. She is her own boss, and lives the dream life (on the road) with her hubby. She’s recently released a course on affiliate marketing, right from the what-it-is to the how-to-do-it (legally) – and the results her students (like me) have seen so far have been incredible.
I have never used amazon for its affiliate program but I have heard from many that it’s credible and more rewarding than putting advertisements all over the place. Anyone who is in the affiliate program would certainly be happy to receive those payments from time to time, provided the program really works. I might even change my mind and join the program after reading these reviews. Thanks for the information.
(Also, did you notice Michelle said you don’t even need to HAVE a blog to be a successful affiliate marketer?! I thought that part was pretty interesting. Meaning affiliate marketing would be a great side income option for anyone who was willing to learn to do it and put the effort into a social media account – like Facebook, Twitter or Instagram.)
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.
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.
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.
Let no one tell you that email marketing is dead. An email list is crucial for every affiliate marketer. You can start building up your email list with a lead magnet (like the information products mentioned previously) or even just by encouraging your audience to sign up for your updates. You can then push your content to this audience via email and also direct them to your affiliate offers. Don't be sleazy about the sales, but if you build up enough trust with your email audience; when the time comes, they will not mind purchasing a product from you.
Another survey from VigLink offers a closer look at just how much income affiliate marketers are bringing in. According to the survey, 9% generated more than $50,000 in affiliate income in 2016. The majority, 65%, said they were making between 5% and 20% of their annual revenue from affiliate programs. The survey also showed a link between timeframe and revenues. Among the publishers with the largest revenues, 60% had been utilizing affiliate-marketing strategies for five years or more.
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.