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.
While your site is still new, it's a good idea to start capitalizing on someone else's audience. Continue focusing on building your own content, but also considering writing content for a few big, high-traffic blogs that are relevant for your niche. By writing content for a bigger site, you are able to get in front of another audience and showcase your expertise on a particular topic. This will eventually lead to more traffic to your site, as well.
Great post and right on target. I found that if you blog and/or do videos that sharing little stories will help connect you to potential leads. I do how-to videos and posts and I always tell personal stories or my own experiences that relate to the subject. It works and I get personal messages from people about it. It makes you more real and down to earth in the viewer's eyes. Once they like you and trust you they will become a lead and hopefully a sale. They may very well become a regular buyer because you will be their go to person. For best results it's best to blog daily and do at least one video a day.
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.
You will make an excellent passive income for as long as you want in this line of work. In fact, you will even make money on your old blog posts written years ago, depending on the quality and relevance of your content. Your business will always stay open, and you will have cash flowing into your bank account 24 hours a day, 7 days a week, even when you’re asleep or off on a vacation.
You can also have a website promoting multiple CPA and affiliate offers whereas with Google AdSense you are limited to 3 ads. There are better options than AdSense with some people testing Ezoic, media.net, and a few others – there are actually many alternatives to AdWords. There are different types of CPA offers from sites like maxbounty.com, peerfly.com and you can use offervault.com among others to find more offers. Some payout per 1 page submit, some pay per sale, and some pay per call. It depends on the offer. If you are working direct with a company and bypassing the middle man you can get higher payouts and even negotiate a hybrid model where they pay you for the lead as well as a commission on the back-end.
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 ;-)
Perhaps, most of the affiliate marketers are not following the exact road maps and are involved in some unproductive manuals. So, for them this business could be non profitable. But they can still make it happen by changing their work pattern as we say better late than never. To learn the right approaches and the exact business model which really works for affiliate marketing as well as for any kind of online business, we suggest you to join Wealthy Affiliate, the most dynamic source to take you to the success path. You can find the detail review of Wealthy Affiliate and link to join it by clicking the link as below:-
Let's take your info regarding the Yoga niche - I am thinking of making a main Word Press page myself and then build individual pages using software mentioned on your blog called "speedxxx" (can't remember full name 555) These pages can be quickly constructed and easily linked to each other via contextual links. Obviously making sure each page-product are closely related plus the normal traffic generation techniques, do you think this is a viable way to build an authority site Stuart and also overcome this idea that some Amazon products sell whereas some don't?
When promoting affiliate offers, just make sure you are fully aware of all the terms and conditions attached to your affiliate program. Some programs can be strict about how they allow you to promote their products. For example, some may limit you to banner ads and links only, while others will allow you to use paid advertising, but won't allow email marketing.
I could have promoted WP Engine (hosting company) for $200/sale with no tier program to climb – sounds pretty good right? But when I checked ShareASale I saw their reversal rates were 24%! Just to give you an idea SiteGround’s reversals are less than 10%. WP Engine starts at $29/month while SiteGround’s is $3.95/month, plus SiteGround has a better reputation. I had to climb a tier program to higher commissions with SiteGround, but it paid off long-term.