People often make the mistake of thinking that they need to go big or go home. The truth is that you need to be good at whatever you choose to do and niche markets make it easier for you to focus and hone your skills. Don’t try to tackle all of sporting equipment, for instance. Focus instead on the one or two sports about which you are passionate. In short, pick a niche and develop a deep knowledge about it.
There is forever a oppourtunity to earn capital through affiliate programs but evaluating the best product that blends our niche is the most complex part. I went through a few of your site and found it enormously delightful. I genuinely think, your blog has helped me a lot to identify the solution behind affiliate programs. I have bookmarked your blog and am following your feeds.
Good review, Petra! One tip that I would add is that the Amazon Affiliate program (there’s another keyword repetition for you 😉 tends to work really well around Christmas time — even though Amazon’s commissions are small, people tend to be buying a lot of gifts at the same time, so if you can get them to click through your site you can end up getting credit for a lot of purchases!
A2 Hosting + HostGator – these affiliates let you create custom coupon codes which is a huge bonus if you’re doing YouTube videos. Tyler’s Moore’s video on how to make a WordPress site has 4.5M+ views and he refers people to HostGator using his coupon code. This means he gets credited for the sale if they use the code (even if they don’t click his affiliate link). If you’re doing YouTube videos, coupon codes can result in a lot more sales than dropping links in video descriptions and hoping people click on it. He’s made a fortune.
Thank you – Danke! Yes, it takes a lot of hard work and patience to be successful. You need to put in all the ground work to get your site on page 1 of Google for your keywords to get a fair amount of visitors. Once you are there, you can earn a regular stream of income. But you also have to keep at it, don’t relax for too long, because Google might just take you off page 1 again, and then you are back to square one.
I agree with you that the most important thing you can do at the start of your affiliate marketing career is to work out your WHY? Affiliate marketing is actually hard, hard work – especially in the beginning when you have no traffic and no followers. If you can’t figure out why you should be spending hour after hour on this “hobby” then it will never grow into a full-time income producing business. There is lots of great advice here for people getting started and people looking to get extra sales and give their career the extra boost they are searching for. Cheers
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.
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.
While I was doing WordPress speed optimization I noticed lots of people needed it, but very few people supplied it (there were a lack of services and tutorials when I researched Google). I also knew hosting was the #1 factor of website speed factor and these companies paid up to $200/sale. Hosting is a competitive space but the commissions and lack of supply enticed me.
You can research what affiliate programs are already out there and try to compete with their commission rate. Try to get listed in affiliate marketplaces like ShareASale or CJ. I don’t have experience actually running an affiliate program but I personally look for good commissions and a company with a solid reputation with products that can actually help my readers. Make a list of relevant websites/influences that fall within that criteria and reach out to them about your affiliate program. I know it’s broad advice but that’s why I see other companies do – they often have affiliate managers that are constantly working on business development.
Petra- your keyword phrase “Beach Decor” can expect to get 374 hits per day for the number 1 spot on Google, but there are 189,000 websites in competition with you (hard to get to #1). But you can get to #1 easier with the keyword phrase “Sea Decorations” and if at #1 you can expect 50 hits/day and only competing with 12,600 other websites. Also “Beach Party Decorations”, #1 Google spot can expect 40 hits/day and competes with 16.200 other websites.
For me, the best program at the moment has to be Google Adsense. I make the most money per month with it. Ebay used to be very good but they have done something to their earnings, quite a lot of Affiliates seem to have been hit, and my earnings have dropped considerably (by 2/3rds) in the last three months, compared to what it was towards the end of last year. I have signed up for an Affiliate Program through Art.com just recently, promoting posters and art prints through my Beach Decor website, and I am very happy with it right now – they offer 20% commission which is fantastic, and I have made a few sales already. But obviously this program will only suit certain niches.
If you have built up an email list, you could also promote your affiliate offers via email promotions. Just make sure you build up a relationship with your audience first instead of going for the hard sell straightaway. The emails you send out must contain your affiliate links to products so when your audience click through. the sale is attributed to you.
MozBar – MozBar is a Google Chrome extension that lets you Google any keyword and see how competitive the search results are. The higher the DA (domain authority) and PA (page authority) the more competitive the keyword is. However you still want to click on the top results and browse the content to make sure you can creating an article/video that is better than whoever’s in the top results. That is really what “researching the competition” is all about.
That is the 1st car I have EVER purchased myself at age 29 (I was broke until then and leased from my parents). But the time committed to affiliate marketing and creating great tutorials and YouTube videos was worth it… I work for myself, there is virtually no limit on how much I can make, my schedule is flexible, and I collect enough passive income to live the life I want.
If you’re in the WordPress industry like I am (whether it be design, development, or SEO) I have accumulated quite the list of WordPress affiliate programs. I excluded those I found unsuccessful or pay too little to make a profit from, specifically ThemeForest, Creative Market, and low quality theme stores like Template Monster. Hosting pays well and I wrote a tutorial for SiteGround’s affiliate program and StudioPress themes which are my 2 highest paying affiliates. Those tutorials have tons of screenshots/social proof especially for SiteGround.
Travelpayouts claims that they are the best travel affiliate program and many people agree. Not only do they offer a wide range of travel services, they also work with other travel affiliate programs such as AirBnb and Booking.com, among many others. And with this one, you can earn up to 80 percent commission. The average however for flights is only 1.6 percent and for hotel bookings 6 percent. Its cookie would remain in the system for up to 30 days.
P.S. This post has been optimized for the 3 word keyword phrase xxx – I hope you can guess it! It came up with flying colors when I checked it in Micro Niche Finder so hopefully whenever somebody searches for xxx this post might eventually come up on Page 1 or thereabouts… just to let you know that I always try to optimize my posts for a keyword, and so should you! 🙂
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! 🙂
First I want to tell you what brought on this post: I received my first check from Amazon in the mail yesterday!!! It was a great feeling, mixed with a bit of a let down, because to bank the check here in Australia it will cost me around $15 AUD, and that hurts, especially because the check is “only” $212.09 USD (The US Dollar and the Australian Dollar are very close in value at the moment).
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.
All CPA marketers put their eggs in one basket. I’ve seen plenty of the greats go from zero to hero and vice versa several time in their careers. The smart ones learn to build their own business in the process and pimp their products to CPA newbies (where the real money is). So if your only focus is to make the most money you can I would advise you not to spend it all because that business model won’t last.