Put bluntly, if you want to make big money through affiliate marketing (e.g. $500,000 per year like Super Affiliate author Rosalind Gardner), you will have to work hard. Hard work alone won’t cut it though. You need to either be educated in SEO and web design or you need to be smart enough, and simultaneously humble enough, to learn from mistakes and make the most of them. Here is some insight into how others have made good money with affiliate marketing as well as insight into how you can do the same.
I absolutely LOVE affiliate marketing. Affiliate marketing can feel quite passive and it makes location independence and traveling full-time much more enjoyable. You can create just one blog post or social media post, and potentially earn money from it years down the line, as long as you maintain it and keep generating traffic to it. With affiliate marketing, I can enjoy life more and know that I am still able to earn a great living promoting products that I use and enjoy.
There are so many high paying affiliate programs that can help you succeed as an affiliate marketer. But of course, it’s never wise to solely base your decision on the earnings you will make, you also have to consider other factors such as your own expertise and interest, and your target audience. You cannot recommend SEO programs if you know nothing about SEO and if your blog does not have anything to do about it. Remember that you need to set up your affiliate website for long-term success.
I kept on squandering to pick a best workable niche for affiliate marketing that has to offer me some decent income. Still, I couldn't stick to anything. By reading this article you have narrow down my options to explore. Now, I can filter out one of these few suggestions that deserve to be successful. Thanks for sharing few top blogs in each niche to navigate and get more ideas on a particular topic.
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.
MozBar – MozBar is a Google Chrome extension that lets you Google any keyword and see how competitive the search results are. The higher the DA (domain authority) and PA (page authority) the more competitive the keyword is. However you still want to click on the top results and browse the content to make sure you can creating an article/video that is better than whoever’s in the top results. That is really what “researching the competition” is all about.
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.
Personally I have avoided the amazon affiliate program. To me it only makes sense to use amazon if there is no other affiliate program option for that niche. The 24 hour cookie time is brutal since others do 30-90 days. I would think for decor people need way more time than 1 day. There is almost always an affiliate program offering higher commission with better terms in any niche. It’s just a matter of finding the best ones to promote.
You can create a free account on WordPress.com to become familiar with the WordPress dashboard. But when you actually begin designing and building your actual website, you will want to buy domain/hosting and use WordPress.org. Otherwise you will need to do some migrating: https://www.wpbeginner.com/wp-tutorials/how-to-properly-move-your-blog-from-wordpress-com-to-wordpress-org/
If you love to travel, it’d be a good idea to set up a travel blog or website where you can promote travel agencies and other travel websites such as the TripAdvisor. This world famous travel website is primarily known for its online reviews, but it is also a platform that can be used for booking hotels, restaurants and tour packages. If you become an affiliate for this website, you can earn up to 50 percent of the sale. Cookie duration, however, lasts only for 14 days. Nevertheless, it is the top option for affiliates in the travel niche.
Trends. New trends are also affiliate marketing niches that work. For instance, IPADs have been around for sometime. As they were going to launch, this would have been a perfect affiliate marketing opportunity. It’s new, everyone wants it, and it’s useful. Perfect! However, fidget spinners have come and gone at this point. New trends with utility are those to look for.
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.
Giving away a free informational product such as an e-book, an email series or a mini-course is a popular tactic many affiliate marketers use. Usually, your readers will have to provide their email addresses to receive the product from you. You can then use this to sell to them via email marketing. Additionally, an informational product can generate interest in the actual product you're trying to sell. If your product is popular enough and brings enough traffic to your site, you could also monetize the traffic in other ways, such as AdSense.
Once your hosting is set up, you need to install a content management system (CMS) for your site. We recommend WordPress because it is easy to use and a beginner (like you!) can quite quickly figure out how it works. Most good hosting providers will have a one-click install option for WordPress, which means it will only take you a couple of minutes and you will have WordPress installed on your site.
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.
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 ;-)
The amount of money you can make can depend greatly of you budget. If you have a small budget and you don´t have a lot of money, then you have to start with free marketing methods like article writing, blogging, forum marketing and such. It takes a lot more effort ant time to have success with these methods. But they are very effective if you keep writing articles and participate in forums. You can make $100 a day within just a few months just with article marketing.