Yes Petra, this can be isolated work. I tend towards the niche of marketing-software because the demand is insatiable. But in 20 minutes I’ll be leaving the house (shock! phobia..) and going to joint venture with a ceramics import/export Co. doing their online marketing… help those clay brick ‘n mortar guys out! That’s where big money resides I say.. 🙂 GD. Perth
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 ;-)
Hi, Nice article. I am not sure about the process though. I can understand, finding a niche. But, when it comes to affiliate programs I get a little lost. Would I be promoting someone else's products? If so, no problem. I know I need to research high end products with gravity, are these products ones in certain stores, or companies, etc.?? If so, do I need to get permissions to be on an affiliate program with that company? Also, if it is products with a company, then how do I offer promotions on their products since they are not mine? Thank you, Nanette Vlahusich
In the past, every affiliate marketing program was a good one. Today, there are a lot of scams and schemes being touted as affiliate marketing. Many times you can make money with these risky programs, but they make it hard by taking large percentages, paying small commissions, and asking for an investment upfront. Ironically, the best affiliate programs that are most likely to make you wealthy are the programs that don’t claim to be able to make you rich.
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.
To find a good program, start first with companies that are large and trusted. They generally offer lower commissions, but that is because they actually pay their commissions. Once you know which programs are interesting, scour the web to find out if they actually pay. You don’t want to put in the work, over months usually, just to find out that the company won’t pay. Finally, make sure that the program has a support system in place. The best programs should not only be in touch when you first sign up, they should also email you when you make sales, keep you up to date about earnings, and be available for problem-solving and troubleshooting.
When it comes to email marketing, experts almost always recommend the use of GetResponse. This email marketing automation tool also runs a high paying affiliate program that provides recurring commissions. It provides up to 33 percent of recurring commission for each plan. This means that you get to earn monthly as long as the user remains active using this tool. If you are able to secure the Enterprise plan sale, you earn up to $400. Cookie duration is 120 days, and you will receive your payments via PayPal.
Hi Petra, I am writing to thank you for this article which I read a while back. So far I have been at affiliate marketing and trying to find niche markets etc. for more than three months now. It is a struggle but I am enjoying the challenge. Anyway I finally made some money. $11.85 to be precise on Amazon. I couldn’t believe it, I had pretty well given up expecting to make even $1.00. The one disappointment with them is that they charge $15.00 if I want a cheque because I live in Canada. If I want a gift certificate, no problem, no charge. By the way I seem to remember reading in one of your posts about backlinks for .14 cents a link minimum $5.00 I think. I have hunted for the post but it eludes me. Can you give me that posts URL please, if it’s not too much trouble? Thanks again
Some people say that getting rich through affiliate marketing is a fantasy. The reality is subtler than that. You won’t get rich if you plan to do next to nothing. If you could do nothing and get rich, everyone would already be wealthy. To make money with affiliate marketing you have to be motivated to work hard. After you establish yourself, which may take years, then you can start to sit back and enjoy the passive income as it flows to your bank account.
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.
So, affiliate marketing vs. AdSense: which is more profitable? Both are profitable if applied correctly, but generally, affiliate marketing is best if you want to build a long-term business online. AdSense is good if you want to make some residual cash from your website or blog. It is not a full-time business model, and many who try to make it so went too far and lost their accounts forever.
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.
I really enjoyed your peek into the affiliate marketing career. You covered areas that a lot of people fail to cover and that was refreshing. I loved that you broke it down into easy to follow steps, so that I the reader could not get lost or confused. The social media and email ideas were different that what I have been seeing and gave me some fresh ideas for my own marketing campaigns. You explained in great detail how the money actually comes which is another thing often skipped when people are new to this. Overall it helped me and gave me great ideas. Some questions, If you had to choose one social media platform to start with what would you recommend? As far as content goes what is a good weekly goal to set that allows you to add content regularly, and gain trust with your readers, but not feel overwhelmed with the writing process? Overall great article and very informative and helpful, I will be checking in for more tips in the future!
Anyone can become an affiliate marketer. It requires little or no start-up costs as you won’t be involved in the creation of the product. You will have nothing to do with the shipping or the customer service, don’t need to buy any inventory, and can instead focus on what you do best – selling the product or service. You may have to spend a little on the web hosting and domain name, but that’s not really much.