An affiliate marketing program is a lot of work, and in most situations there's a lot of competition so you're not going to be bringing in money immediately. Business owners and entrepreneurs suppose that all you need do is setup a site and choose an affiliate to associate with and then just let it run its course. But according to Three Ladders Marketing, only 0.6% of affiliate marketers surveyed have been in the game since 2013. That means that affiliate marketing takes time and effort to build and make money.
Finding a good niche within the hobbies category is a great idea because even though I don’t have many hobbies of my own, there are a lot of hobbies I would have liked to have gotten involved in. So I can sort of experience the hobby vicariously through being an affiliate in that area, learning everything there is to learn about it and sharing that knowledge with others. And if it turns out to be not very lucrative as an affiliate niche, well, at least I will have learned a lot about the hobby! 🙂
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!)
There is forever a oppourtunity to earn capital through affiliate programs but evaluating the best product that blends our niche is the most complex part. I went through a few of your site and found it enormously delightful. I genuinely think, your blog has helped me a lot to identify the solution behind affiliate programs. I have bookmarked your blog and am following your feeds.
This site is owned and operated by Broketobest.com and is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Broketobest also participates in affiliate programs with Bluehost, Clickbank, CJ, ShareASale, and other sites.It is compensated for referring traffic and business to these companies.
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.
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Hi, Nice article. I am not sure about the process though. I can understand, finding a niche. But, when it comes to affiliate programs I get a little lost. Would I be promoting someone else's products? If so, no problem. I know I need to research high end products with gravity, are these products ones in certain stores, or companies, etc.?? If so, do I need to get permissions to be on an affiliate program with that company? Also, if it is products with a company, then how do I offer promotions on their products since they are not mine? Thank you, Nanette Vlahusich
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I come from an unsuccessful background of web design/SEO. I blogged because I knew it was good for SEO, but my articles didn’t monetize. I took a leap of faith and dropped my clients to figure out blogging/affiliate marketing. I was good at website speed optimization and knew hosting was the #1 factor. After some research, I saw SiteGround was #1 in most Facebook polls and had a great reputation with generous affiliate commissions. So I wrote tutorials on website speed… how to configure WordPress cache plugins, hosting reviews, and other speed-related topics. Usually near the end of a post I would say “…and here’s why you should switch to SiteGround” with evidence on why they’re the best… polls, tweets, load time improvements, etc. That’s when things got good. Now I have 0 clients and the freedom to live how I want. I wrote this tutorial because I’m actually excited to help people do the same – without the BS.
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!
Man, Ive been pulling my hair out over not really getting much from my Amazon Affil. based site. Im grateful you put this up about your experience with it. As far as you thinking you aren’t getting much back because you only sell low priced items goes, Im pushing big ticket items and it really isnt much better. Consider how much traffic you need to sell the lower priced stuff and then double or triple it to get a sale on a big ticket item.
you can advertise via links & banners, widgets and even a so-called “a-store” which is a complete store you can develop to sell products. Have a look at the store I built for my Beach Decor website: Beach Decor Amazon Store You can either integrate the store into your website or you have a stand alone store. Their widgets are great, you can choose between many different ones to suit your site. I personally like the Carousel Widget very much (again, some samples on another site of mine: Mens Casio Watches)
I started out with my Beach Website in February 2008. The site is built around an Amazon Store. The major goal of any website, and especially an affiliate site, is always to get traffic, because the more traffic the more sales, right? So it took quite a few months to get my site up and getting a few customers every day. Which means my earnings weren’t great at all at the beginning. I had months were I earned nothing at all, and others where I made $3, or $6. This started increasing over time, but it fluctuated greatly.
You can research what affiliate programs are already out there and try to compete with their commission rate. Try to get listed in affiliate marketplaces like ShareASale or CJ. I don’t have experience actually running an affiliate program but I personally look for good commissions and a company with a solid reputation with products that can actually help my readers. Make a list of relevant websites/influences that fall within that criteria and reach out to them about your affiliate program. I know it’s broad advice but that’s why I see other companies do – they often have affiliate managers that are constantly working on business development.
First I want to tell you what brought on this post: I received my first check from Amazon in the mail yesterday!!! It was a great feeling, mixed with a bit of a let down, because to bank the check here in Australia it will cost me around $15 AUD, and that hurts, especially because the check is “only” $212.09 USD (The US Dollar and the Australian Dollar are very close in value at the moment).
Marco Diversi is a super affiliate for many companies like CrakRevenue, Awempire, MaxBounty, Peerfly and many others. He started his career as a civil engineer graduated from the University of Miami, Florida, and then after trying many paths in life, he started to make serious money as an affiliate on the internet. He now started a blog on marcodiversi.com where he's teaching how to have success online with SEO and Affiliate Marketing.Twitter Facebook Feedly
Get specific. Just because a niche may seem very competitive, you can get more specific in any niche and discover gold minds. Let’s go back to the cat blog example. Instead of operating a “cat blog” you may instead have a “Bengal Cat” blog. This is more specific and would have less competition than a cat blog. Word to the wise, never go so specific that you have no one looking for that type of information. Find the right balance.
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.
I would like to say thank you for the information you packed into this article. I myself am working toward becoming a successful marketer, and I definitely can say that it is hard work. I like the part of this article talking about sales funnels, I myself am still having some troubles grasping the concept, but I will get it eventually. Great article, thanks again,
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
Diane, leave valuable comments on other blogs (preferably dofollow and commentluv blogs), become active in forums where you can leave your websites link in your signature, maybe try http://www.linkreferral.com for a while, to get your visitors up. Just keep link building and interacting, and you will get there. But you need to be patient. I wouldn’t buy traffic.
Can you make money with affiliate marketing? The short answer is yes, affiliate programs can earn extra money and even a full-time income from home. The long answer is a little more complicated. Like any home income venture, success comes not so much from what you choose to do to make money, but whether or not you do what needs to be done correctly and consistently.