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.
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.
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.
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.
An affiliate program refers to the arrangement in which a merchant or owner of a product pays a certain amount of commission for the sale generated by an affiliate. The affiliate sets up a website where he/she will post affiliate links that will direct visitors to the merchant’s site so they can make a purchase. Information on commission rates are provided in the program.
This site is owned and operated by Broketobest.com and is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Broketobest also participates in affiliate programs with Bluehost, Clickbank, CJ, ShareASale, and other sites.It is compensated for referring traffic and business to these companies.
Hi Geoff, nice to hear from you! Sorry about the very late reply – I have not been keeping up with my sites and blogs. Life has become so busy there is hardly any time for what I would like to do any more… Anyway, how did you go with your Christmas toy sales? I headed over to your Squidoo lenses, very well done!! I hope they brought you in a little bit of cash for your efforts. I will try to be in contact via email, too. 🙂
Be sure to check what kind of customer support you can expect from your affiliate program once you have signed up. Do your research online and if possible, speak to other sellers using the program to get their thoughts. Can you speak to someone via phone or Skype or do you have to wait 72 hours for email responses? Be clear on this because trust me, you will need support at one point or another.
Another top choice when it comes to email marketing solutions, AWeber is currently being used by millions of online users and online marketers all over the world. It started back in 1998, and is now one of the oldest and most effective email marketing companies. The affiliate program that it runs provides up to 30 percent recurring commissions. The higher the price plan is, the higher the recurring commission is. You’ll also be glad to know that its cookie lasts for 365 days. It means that if a user clicks anytime within the year, the sale will still be credited to you. This is one of the affiliate programs with the longest cookie durations.
If an affiliate changes the terms of its program, your revenues could be directly affected. Choosing the wrong affiliates can also be problematic if your blog or website audience doesn't feel compelled to buy their products or services. With the affiliate-marketing industry experiencing a boom, you’ll also have to contend with competition from other marketers shilling the same affiliate products.
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!
Seb, ebay is definitely worth a look. I am also with ShareASale which has lots of programs with a good commission. This has earned me around $74 last month, and already $10 for this month. An Affiliate Program that has also proven well for me (this one depends on what you are trying to sell though) is Art.com. It has been making me a steady commission since I have joined, on average close to $40 a month. They offer 20% commission on every sale! See whether you can do anything with them…
Otherwise, it’s as easy as adding a link to the video description and asking people to click on it. Coupon codes are a huge bonus (if your affiliate offers this) since often times, you can give people a discount using your custom code, while crediting you the sale, without them even having to click your affiliate link. This results in higher conversions. (Tyler Moore does this).
Affiliate Disclaimer – if you sign up for SiteGround using my affiliate link I will donate a good chunk at no cost to you. Each year I donate $3,000 to GoFundMe campaigns (2018 was to feed the hungry in Denver, 2017 was to Red Cross at Hurricane Harvey). Your support helps and I genuinely appreciate it. I try to make my reviews unbiased and backed by evidence in the form of Facebook polls, tweets, and real conversations. If you don’t want to use it, here’s a non-affiliate link to SiteGround. Either way, I suggest doing your research, see who Yoast uses, and results of people who migrated.
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.