Rebecca, it’s really up to you. The problem with NOT waiting is that some programs can kick you out if you aren’t making sales, so double-check the company you are an affiliate for. It’s probably better to focus your time on what is going to give you the best ROI. Newer bloggers try to do allthethings which sometimes backfires because you spread yourself too thin. Basically, there is not cut and dry answer regarding whether you should wait. It’s going to be dependent on individual factors related to YOUR blog. Good luck!!
No, this didn’t happen overnight. Yes, I was broke for a couple years while creating content. But it literally changed my life… I moved out of my parent’s house (sigh) into a nice studio in downtown Denver, bought my first car (a Mercedes c300), adopted 2 kitties, and my credit raised 45 points. I also donated $6,000 to GoFundMe campaigns. I’m a humble dude but in affiliate marketing, the numbers do the talking. So, I want to show you how I did it. Enjoy :-)
Don’t set a goal to write 3 blog posts a day… set a goal to write 1 blog post a week and make that post super helpful, long, and filled with information that is so valuable you will say “yeah, people will link to that.” 90% of my traffic/affiliate income comes from just 20 tutorials, many of which are 5+ years old. But I am constantly updating them to make the content better.
Some people say that getting rich through affiliate marketing is a fantasy. The reality is subtler than that. You won’t get rich if you plan to do next to nothing. If you could do nothing and get rich, everyone would already be wealthy. To make money with affiliate marketing you have to be motivated to work hard. After you establish yourself, which may take years, then you can start to sit back and enjoy the passive income as it flows to your bank account.
I would probably rely mostly on Amazon as an affiliate – talk about products you use while using an affiliate link. You don’t necessarily have to focus your entire content on reviewing products, just mention them in your articles and your experience with them – how they helped you. Amazon is good for obvious reasons – super high conversions and most products already have lots of reviews which is very valuable as an affiliate.
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.
Most of us would have heard of the Amazon Affiliate Program, maybe you have even joined it and are trying to make some money with it. That’s what we Affiliate Marketers are here for, after all! 😉 And the Amazon Affiliate Program is one of the biggest and most well known affiliate programs out there, next to EBay Partnernetwork, Clickbank, LinkShare and so on.
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.
There are lots of Amazon affiliates in this space, mostly because it’s a strong hobby (i.e. passion) niche with tons of products. Which is good, since tons of these big stores are very general in nature, making it possible for big outdoors sites to possibly even pick one or two stores to recommend (this, in turn, might have other advantages, too, like negotiating better rates with those brands).
Most new affiliate marketers have no problem creating content…. at first. But 6 months in? Hardly anyone makes it that far. The reason is because most people simply don’t like to write as much as they think they do. Once writing becomes a job instead of a hobby, motivation to keep going can easily waver. As an affiliate marketer, you’ll essentially become a full time content creator, and most of that will be in the written form. Can you handle writing 1,000 word articles every single day?
Find your passion. Think about what you are really great at doing. Maybe you are an artist by trade or by hobby. That is the niche you want to select. Why? Affiliate marketing niches work for YOU when you are able to create blog or website that you can actually write great content about. You should only select niches to market in that you have some expertise with. If you are not certain what you might have an expertise in, check out our blog post about finding your passions. It may help you choose one to four niches that are a match. And the third piece of if affiliate marketing can make your rich is persistence. Doing marketing in a niche that you have passion about will make you more persistent in going after this. That persistence will allow you to stay engaged. Affiliate marketing is a long game, with high possible pay off.
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.
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.