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.
The key is to work very hard on your affiliate blog, or for that matter, on your podcast or YouTube channel. While the top 6% of affiliate marketers around the world earn a six-figure income from this business, as someone starting out, you should aim for anything from $10,000 to $25,000 in your first 1 or 2 years in this business. It gets better as you go along and learn precious skills on the job.
Another top paying affiliate program is the one run by WP Engine. This company provides a highly efficient web hosting platform with different packages. Its commission rates start at $200 per sale. And it has a multi-tiered rewarding system. For example, if you are able to make five sales, you earn $100 but if you generate 10 sales, you are given a bigger commission of $250. It also has a program in which you earn extra money from the referrals of people who you invited to sign up as affiliates. You’ll also be glad to know that its cookies last for up to 180 days. The only drawback you have to be aware of is the product’s expensive cost, which does have an effect on the conversion rate.
I come from an unsuccessful background of web design/SEO. I blogged because I knew it was good for SEO, but my articles didn’t monetize. I took a leap of faith and dropped my clients to figure out blogging/affiliate marketing. I was good at website speed optimization and knew hosting was the #1 factor. After some research, I saw SiteGround was #1 in most Facebook polls and had a great reputation with generous affiliate commissions. So I wrote tutorials on website speed… how to configure WordPress cache plugins, hosting reviews, and other speed-related topics. Usually near the end of a post I would say “…and here’s why you should switch to SiteGround” with evidence on why they’re the best… polls, tweets, load time improvements, etc. That’s when things got good. Now I have 0 clients and the freedom to live how I want. I wrote this tutorial because I’m actually excited to help people do the same – without the BS.
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.
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.
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.
Google Autocomplete – go to google.com, start typing a phrase and look at the dropdown autocomplete results. You can use the underscore character “_” to have Google fill-in-the-blank. Just make sure the last character you type is an underscore. Try using plurals and change the word ordering to see different results. This is how I find 90% of my keywords.
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.
There is a saying across the internet that content is king. At the core of how affiliate marketing works is you providing excellent content that people want and need to read that has attached purchase opportunities to it. It is that simple in theory. Please read our post about how to earn money through affiliate marketing. It will give you information about how to get started.
In August of 2011, I started my personal finance blog with the hopes of teaching people how to save money after reading a magazine that featured a personal finance website in one of their articles. Due to that website, I became extremely interested in personal finance blogs, and my interest in blogging just grew from there. Before August of 2011, I didn’t even know that blogs existed. I didn’t know what they were, I didn’t know that they could make money, or anything like that.
You’ll make more money in a niche topic than you will on a general topic for two reasons. First, you’ll be speaking to enthusiasts, people who live and breath the issue you are dealing with. They will be interested in what you have to write and in what you have to sell because it fits into a topic that they already care about and because you are promoting high-quality, expert content. Marketing to them will simply be easier.
when Chris Guthrie posted on here, I actually didn’t know him, if I would have I would have been awed!! 🙂 I have not put any more effort into my Amazon program, so for me nothing has changed, still very low sales and commissions. But there have been so many good tutorials and plugins for WordPress out lately that I am very tempted to have another good go at it, with a different approach this time. Will let you know if I succeed! 😉
I do make a small commission on some of the products and services that I use and recommend through affiliate relationships with those merchants. Before making any purchase you should always rely on your own judgement and do your own due diligence. The results you get will be entirely based on your own experience and skill set. Never, EVER purchase anything that you cannot afford. Avoid purchasing products that do not have a clearly stated Guarantee, or that promise ridiculous results, like "Getting Rich Quick". There is no guarantee that you will have the same success with any of the products or services recommended. Most people don't do anything with the products they buy, and most of the time, their results are zero! My results aren't typical because I'm not typical ;-)
Freelancer – refer people to developers, designers, and other freelancers you’ve worked with and make 100% of Freelancer’s project commission for the first 90 days. I get a lot of people requesting WordPress speed optimization services… so I refer them to my developers with a freelancer affiliate link and make $125/month in passive income. You can’t use affiliate links to link to specific freelancer profiles, so I direct people to the homepage via affiliate link and give people my developer’s usernames.
You advertise a product on your blog and you get paid whenever somebody purchases. Affiliate commissions can be 50% and over of the sales price for electronically deliverable products (eBooks, software, etc) that have no replacement costs. Physical products can offer 2% commission upwards. It doesn’t sound a lot, but if you sell a $10,000 entertainment system from a click on your site…
Thanks a million, if you have time, let me know if my 3 step plan is the right way for me to go about this. Or if I am missing anything. It just seems too easy like that….You could make 100 videos promoting 100 products. Would this not work to make a good living? It would not take long at all to do 100 videos and as long as you did all the editing before you upload it, going back to edit it would not be nessecary.
If you are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.
Most of us would have heard of the Amazon Affiliate Program, maybe you have even joined it and are trying to make some money with it. That’s what we Affiliate Marketers are here for, after all! 😉 And the Amazon Affiliate Program is one of the biggest and most well known affiliate programs out there, next to EBay Partnernetwork, Clickbank, LinkShare and so on.
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.