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.
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.
2. Of course, nearly all my readers are using WP so I’m biased. But even so, most successful affiliates use WordPress. There are less restrictions in terms of hosting (site speed), design customizations, plugins, cloaking affiliate links, lots of things. I would setup a free wordpress.com site just so you can play with the dashboard and see how you like it. Who knows, you might find a theme you really like (eg. StudioPress) and want to make the transition. I would at least test it out…it’s better to make the transition earlier than later.
I would like to say thank you for the information you packed into this article. I myself am working toward becoming a successful marketer, and I definitely can say that it is hard work. I like the part of this article talking about sales funnels, I myself am still having some troubles grasping the concept, but I will get it eventually. Great article, 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.
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 area that really breathes life into the “Is affiliate marketing worth the effort?” question is trial and error. Successful affiliate marketing will take quite a bit of it, and you shouldn’t expect to build your website one day, and be flooded with commissions from sales the next. This is where many people give up on affiliate marketing, and get the wrong impression that just because success isn’t instant, it must not be for them. You’re not going to hit every mark from the get-go, and you’re going to need to look at your statistics to see what’s working and what’s not in terms of attracting audiences and turning their visits into new sales.
Always disclose your affiliate relationship. Most visitors will probably understand that graphic ad will lead to your getting paid, but if you write a review or use an in-text link as a recommendation, you want your readers to know that may lead to compensation as well. This ensures you retain transparency and trust with your readers, but also, it's required by the FTC's endorsement rules.