That is the 1st car I have EVER purchased myself at age 29 (I was broke until then and leased from my parents). But the time committed to affiliate marketing and creating great tutorials and YouTube videos was worth it… I work for myself, there is virtually no limit on how much I can make, my schedule is flexible, and I collect enough passive income to live the life I want.
They are one of the biggest affiliate programs available. Shouldn’t it be possible for them to offer their affiliates to be paid via PayPal, or even offer international associates (and there are bound to be many of them!) to be paid via direct bank deposit? I am with other affiliate programs where this has never been a problem, why isn’t it available here?
I joined Amazon affiliate program a few years ago and put links on my blogs and webpages with NO LUCK until I read a few blog posts about how to use a software program called Market Samurari (link above) to determine which keyword phrases have the most traffic and the least competition. They explained that if you are selling something like dog supplies, the #1 listing in google for the search term “pink dog collars” will only get “20” hits per day, while the search term “dog clothes for big dogs” will get “250” hits per day. (just made up examples, not real numbers). While the general term “dog supplies” has WAY TOO MUCH competition for you to even think about getting to the #1 spot on Google (where all the traffic goes). So the software can tell you exactly what keyword phrases you should target to get the most traffic for the niche you are in.
I’ve slowly, but steadily, been building small niche websites that focus on products from Amazon and take advantage of Amazon aStore. Melissa and Doug Puppets is one such site, along with Popular Video Games and Small Bathroom Vanities. For this year alone, I’ve already made over $200 in affiliate commissions and adsense earnings at Small Bathroom Vanities – not bad for the cost of a domain name and hosting. And the cost of hosting becomes less of a cost burden with all of the additional sites you build!
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.
Affiliate marketing will give the better opportunity to make the most money. AdSense will make you smaller amounts of cash regularly with very little maintenance. However, it needs a fair amount of traffic to be really profitable, while you can use a mailing list to sell your affiliate products. You can build up a large list over time, even with a small amount of daily traffic.
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.
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