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.
Amazing and thorough breakdown of how it all works! Thank you so much for sharing! a group of 3 friends myself + 2 are about to start affiliate marketing together. Since many advertising rules have changed with affiliate marketing (facebook ads etc.) and many articles have not been updated since, weʻd love any advice or suggestions you have for 2018!
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.
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.
I could have promoted WP Engine (hosting company) for $200/sale with no tier program to climb – sounds pretty good right? But when I checked ShareASale I saw their reversal rates were 24%! Just to give you an idea SiteGround’s reversals are less than 10%. WP Engine starts at $29/month while SiteGround’s is $3.95/month, plus SiteGround has a better reputation. I had to climb a tier program to higher commissions with SiteGround, but it paid off long-term.
Otherwise, it’s as easy as adding a link to the video description and asking people to click on it. Coupon codes are a huge bonus (if your affiliate offers this) since often times, you can give people a discount using your custom code, while crediting you the sale, without them even having to click your affiliate link. This results in higher conversions. (Tyler Moore does this).
Some of the opportunity in this niche is going to be referring people to luxury brands that have higher order values than we might see on Amazon. I can’t disclose the person or the site, but one of my colleagues is in one of these niches and reported significant revenue increases from testing other affiliate programs against Amazon–before Amazongeddon.
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.
Hi Dody! I honestly don’t think that’s a question that can be answered with an one size fits all answer. The best site for affiliate marketing will be based on your niche, what you audience wants and what you are comfortable selling. I know lots of people that RAVE about shareasale.com – I personally haven’t had wild success with them because they don’t offer many products that I personally have found useful / easy to promote on my blog. I would strong suggest taking the making sense of affiliate marketing course – it will clear up any questions you have about affiliate marketing 🙂
Hi. I am a UK resident. I have been trying to find out advice about whether you should register a company for payments through affiliate marketing and if so is it better to set up a as a sole trader or limited company (or equivalent in US). Please could you advise as I can't seem to find out anything about this but when you complete affiliate network profiles they ask for tax details and company names etc. Many thanks
To become involved in affiliate marketing you should join a program – try ClickBank to begin with if you are new to affiliate marketing – then advertise products on your website or blog including your affiliate reference in the sales link. Your affiliate program explains how to do this, and most will provide graphics and promotional material to help you sell.
Kim, thanks so much for doing so much research for me! 😉 Guess what, after your comment I went and snatched up the domain Sea Decorations.com (would you believe it, it was still available!!!) and I am in the process of installing a new (but much less elaborate) website which I am going to try to get some Adsense earnings with. I do have Market Samurai, too, I just haven’t really used it to its potential yet. After your comment I think it is high time, though!!! Thanks again, Kim. Good luck to you in all you do!
If you are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.
One of my websites is now i think 1,5 years old and my sales was 0,00 with the amazon programm, ok. I have to say i put this site on and didn t do anything for the popularity so i think i recept also only 5 visitors from google i think. So this tells us, if you try to earn a little money with your website you need to work very hard and if you also are a little bit lucky, you can earn a good amout of money with your site….
For example, the content on Super Weddings is useful whether you're organizing a wedding today or next year. All the content on the site is created accordingly. To make things easier for the audience, it is separated into categories to make it very convenient for the reader to find what they're looking for. This, of course, is also very good for SEO.
The problem with affiliate marketing, like many other home business options, are the so-called gurus and get-rich-quick programs that suggest affiliate marketing can be done fast and with little effort. Odds are you've read claims of affiliate marketing programs that say you can make hundreds of thousands of dollars a month doing almost nothing ("Three clicks to rich!"). Or, they suggest you can set up your affiliate site, and then forget it, except to check your bank deposits.