I can’t remember exactly when, but I decided to turn online looking for earnings. Various scams and attempts to “get rich quick” came and went. I tried a bit of MLM (failed), tried to earn money with spread betting (failed), tried this and that (failed this and was terrible at that), before I eventually found a community that would train me. Think of it as half “training course” and half “forum”.
This online marketing strategy is suitable for lots of different business situations. If you want to launch a new product or service with a bang and generate buzz from the start, having an army of affiliates (that have an interest in revenue sharing) can help. Besides selling a physical product, affiliate marketing can also increase your website traffic and generate more leads, so you drive more sales of an existing offering to new audiences. To really drive an effective at this channel, working with a firm who specializes in affiliate management is a sure-fire way to bypass any learning curve, leverage existing relationships and turn up the heat on results.
One great way to get ideas for related products to promote is to look at the stats/reports that Amazon gives you to see which products readers are buying. After a while you’ll start to notice that they’re not only buying the products you directly promote but other products as well. Some will be completely irrelevant to your niche – but many times trends will emerge that could signal other products that it might be worth promoting.
Ohhh making that first affiliate sale might be the greatest feeling ever, even if it’s 18 cents. Here’s the sad thing though: most networks will have a minimum payout threshold that’s typically $50 or $100, so it may be a LONG time before you see the money. I used to be an affiliate for BlueHost, and after my first sale, I was stoked to see $65 in my affiliate report!! Legitimately, I felt like a millionaire. Unfortunately, BlueHost has a minimum payout of $100, so that money went untouched until I made another sale, but even then…
When there are multiple affiliates involved in one transaction, payment gets much more complicated. Sometimes it’s even possible for affiliates to jump in at the last minute and claim commissions for customers brought in by other affiliates. Successful programs use multi-channel attribution to ensure the affiliates that create the most value get paid the most.
Affiliate marketing is a popular way for new and experienced marketers alike to make money online when they already know what to sell. A lot of people make money through it, some even make a very good living off of it. Learning how to get started with affiliate marketing can be easily done. Now, I am going to assume you know a thing or two about affiliate marketing and are ready – nay, eager! – to get started. In this post, I am going to introduce you to four popular affiliate programs that are perfect for beginners. They all have features or assets that make transitioning into affiliate marketing for beginners worthwhile. Let’s get you started on earning some commission!
Whichever way you choose to promote something, you’ll include a trackable link that’s unique to your affiliate account so that any sales can be attributed back to you. If you’re a blogger who wants to monetize your platform, then becoming an affiliate can provide that steady source of income as you earn commissions. An associate program gives you the opportunity to provide solutions to your audience who may need a product to solve a problem. The savviest publishers are content marketers, pay per click powerhouses, leverage marketing automation and can recite the guide to affiliate marketing like clockwork.
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.
Did you know that Commission Junction is one of the oldest affiliate marketing programs? That means they are a trusted company working with a lot of big brand names. That is a very valuable asset. Don’t think it will be easy, you will have to work hard for it, as Commission Junction standards are high. But it’s all well worth it. Products from these big brands will sell much easier, especially if your audience is already buying them. Working with Commission Junction can be hard work, especially for beginners. But, the brands that Commission Junction provides is why the company is highly recommended regardless. Nothing worthwhile is easy I suppose, even if you’re just starting out.
This is like a free graduate level college course every month available just for the reading. And unlike most college professors, these guys and gals are actually earning in the real world. Michelle made well over a million USD last year from mainly affiliate programs,AFTER she paid her running expenses and US taxes. She sure didn't do it by reviewing bicycle pedals 😉
And of course I had an adorable picture of a puppy as the image. I also only targeted people over the age of 25 who live in the United States that own a dog and also “like” an animal shelter (I chose about 50 different shelters to target). And that’s how I got 25,000 followers at under 1 cent per like. Those 25,000 people can be marketed to over and over and over again with my Amazon Associates affiliate program link.
And in case you think it’s too soon for you to even think about affiliate marketing, let me quickly shake you. That’s. not. true! Affiliate marketing success requires a strategic mindset that is best learned at the very start, even if you don’t have loads of pageviews or anything else. Trust me – it’s much easier to optimize posts now rather than go back to tweak them, so read on and I promise, you’ll learn something of value.
Yesterday I earned $506.03 from Amazon. It was actually a pretty good day, higher than average. One might think the higher than normal figure came from selling some big ticket items but that wasn’t the case. The highest commission for the day was a $21.34 commission. The vast majority of the sales were books sold from my list of photography books, which we promoted on social media recently.
Affiliate marketing has increased in prominence with the internet age. Amazon popularized the practice by creating an affiliate marketing program where websites and bloggers put links to the Amazon page for a product being reviewed or discussed in order to receive advertising fees when a purchase is made. In this sense, affiliate marketing is essentially a pay for performance marketing program where the act of selling a consumer on a product is outsourced across a potentially vast network.