Your domain is the address for your website (e.g., www.affilorama.com) so this is the first thing you will need to do when setting up your site. Considering there are millions of websites on the internet, it's possible that the domain name you want may already be taken by someone else. So make sure you have several options in mind. Be sure to read our advice on how to choose a good domain name.
Hi Petra, I have to agree with the first Chris, Amazon is great when you target a niche where people want to “buy now”. Something like “last minute gifts for …” or similar. One person I know of that has a lot of success with his astore is Darren from “Digital Photography School”, his astore has even a page rank of 4 😉 Have a look at his site to see how he implements amazon products into his site content seamlessly. Another great example on to learn “how they do it” 😉 SY
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
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.
You can put up banners on your site, to promote your affiliate offers. Most affiliate programs will usually provide their own creatives when you sign up for their offers. All you have to do is insert the banner on a highly trafficked page (your affiliate tracking is usually embedded within the code). Banner ads in the right locations can do a great job of driving sales.
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.
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.
An affiliate marketing program is a lot of work, and in most situations there's a lot of competition so you're not going to be bringing in money immediately. Business owners and entrepreneurs suppose that all you need do is setup a site and choose an affiliate to associate with and then just let it run its course. But according to Three Ladders Marketing, only 0.6% of affiliate marketers surveyed have been in the game since 2013. That means that affiliate marketing takes time and effort to build and make money.
Finding a good niche within the hobbies category is a great idea because even though I don’t have many hobbies of my own, there are a lot of hobbies I would have liked to have gotten involved in. So I can sort of experience the hobby vicariously through being an affiliate in that area, learning everything there is to learn about it and sharing that knowledge with others. And if it turns out to be not very lucrative as an affiliate niche, well, at least I will have learned a lot about the hobby! 🙂
Cooperation with partners always brings positive results, especially when selling goods with minimal expenses. About affiliate marketing, I first found out in Madcash's blog. In which, in a very accessible and understandable form, detailed information is given on how to place advertisements on its website. Money can always be done if all efforts and tools are made to achieve this.
Let no one tell you that email marketing is dead. An email list is crucial for every affiliate marketer. You can start building up your email list with a lead magnet (like the information products mentioned previously) or even just by encouraging your audience to sign up for your updates. You can then push your content to this audience via email and also direct them to your affiliate offers. Don't be sleazy about the sales, but if you build up enough trust with your email audience; when the time comes, they will not mind purchasing a product from you.
The best affiliate marketers don’t do everything on their own. In fact, it is impossible to make good money doing absolutely everything from web design to content creation. You can choose to do one or two things, but remember that your main job is not unlike that of a CEO. You are in charge of coordinating the entire marketing scheme. You need to know and understand the details, but you don’t necessarily have to have your hands on every aspect. Learn how to delegate well because it will become your greatest asset.
But let’s be totally honest for a minute here. There are millions of blogs out there, and a fraction (I dunno, less than 10%?) of bloggers are earning any money at all. And even fewer are earning full time income. The fact that I was able to join the ranks of “the full time income earning bloggers” just 7 months into blogging is sort of unbelievable. (Only, do believe it, because it happened!)