I agree with you that the most important thing you can do at the start of your affiliate marketing career is to work out your WHY? Affiliate marketing is actually hard, hard work – especially in the beginning when you have no traffic and no followers. If you can’t figure out why you should be spending hour after hour on this “hobby” then it will never grow into a full-time income producing business. There is lots of great advice here for people getting started and people looking to get extra sales and give their career the extra boost they are searching for. Cheers
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 ;-)
One of the most well-known ecommerce platforms today is BigCommerce. It boasts of having more than 60,000 active merchants. Many prefer this platform because of its superior functionality and countless features. It also has an affiliate program that offers big commission rates of up to 200 percent of the plan. This lets you earn anywhere from $60 to $1,500 per each sale that you’re able to secure. Its cookies last for 30 days, and it provides you not only with text affiliate links but also with banners, content and SEO advice and so on.
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!
Hi Petra, I am writing to thank you for this article which I read a while back. So far I have been at affiliate marketing and trying to find niche markets etc. for more than three months now. It is a struggle but I am enjoying the challenge. Anyway I finally made some money. $11.85 to be precise on Amazon. I couldn’t believe it, I had pretty well given up expecting to make even $1.00. The one disappointment with them is that they charge $15.00 if I want a cheque because I live in Canada. If I want a gift certificate, no problem, no charge. By the way I seem to remember reading in one of your posts about backlinks for .14 cents a link minimum $5.00 I think. I have hunted for the post but it eludes me. Can you give me that posts URL please, if it’s not too much trouble? Thanks again
Affiliate Marketplaces – ShareASale and ClickBank have thousands of merchants to choose from. It’s nice to login to 1 place and check the performance of multiple affiliates without going to each individual portal on each website. Many programs aren’t part of a marketplace though. I’m a big fan of ShareASale – there are so many companies and industries you can choose from.
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Many website builders also prefer to use SiteGround, which is known for its efficient system and user-friendliness. When you become a member of this affiliate program, you can earn anywhere from $50 to $125 from each sale. The amount depends on the number of referrals you are abel to make. A notable feature of its affiliate program is that it gives weekly payment. Most other programs have a monthly payment system. It also does not impose any payment threshold. This is a great way to generate earnings more quickly.
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.
Hey Tom, thanks for this tutorial – it’s a good thing to get a tutorial like this from a trusted person like you and not from the thousands of (sometimes) confusing articles about passive income/affiliate marketing/clickfunnels and what not that I come across from time to time, I am making a living as a web designer and I have been thinking of pivoting from design and creative work to focus on passive income but didn’t know where to start. This is the perfect foundation article I have seen so far and I ‘d like to ask if you have any further reading/guides/videos on affiliate marketing that you’d recommend. I like to do my deep research before starting :) One more thing, there are some broken or missing images in this article, it could be my browser but check from your side too because there are quite a few images (e.g your Mercedes) that are missing. Thanks
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.
Petra, I’m in Perth, WA and have been feeling quite similar disappointment about Amazon’s associate program. 7 or 8 years into it and I still haven’t reached the $100 payment threshold! I’ve been selling books but believe big earners are selling items like plasma TV sets. Don’t get me wrong. I’ve made hundreds of thousands selling digital, software products via ClickBank and via HD Publishing so I’m experienced. Everything depends on 1. Targeted Traffic; and 2. Conversion. Whatever you focus on tends to enlarge and improve, with feedback, so I’ve just neglected the Amazon neck of the woods. But it must take immense traffic to do well there. Supermarket level traffic?
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….
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 🙂
If you’re asking, “how much do affiliate marketers make” – well, Michelle Schroeder-Gardner makes over $50,000 / month from affiliate marketing. She is her own boss, and lives the dream life (on the road) with her hubby. She’s recently released a course on affiliate marketing, right from the what-it-is to the how-to-do-it (legally) – and the results her students (like me) have seen so far have been incredible.