The best way to think about affiliate marketing is quality over quantity. There are a lot of small websites that will promote your product, but the key is finding a small number of partners that will deliver conversions. For example, an equity management services firm has over 20,000 affiliates in its system, but only about 25 affiliates generate 85 percent of revenue.
I basically write tutorials on how to make your website load faster while saying “hosting is the #1 factor of website speed and SiteGround was rated the #1 host in 34 Facebook polls. They’re also used by Yoast, recommended by WordPress, and they will migrate you for free. Many people have already migrated to SiteGround and posted faster load times on Twitter.”
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.
Who doesn’t know about Expedia? This travel brand is known to have affiliates that get access to more than 250,000 hotels and accommodations. It runs 150 websites in more than 70 countries all over the world. It is also known to have one of the highest paying affiliate programs today. It only offers 6 percent commission rates but since the conversion rates are quite high you can expect big earnings when you become an affiliate for this company.
Hi Rob, ebay has an affiliate program, it’s called ebaypartnernetwork and I use it a lot on my two sites. It is making me constant sales, even though it does not amount to all that much, around $50/month. But again it depends on the items you are selling. Mine are in general not that expensive, so I earn less. I find ebaypartnernetwork works better for me than Amazon.
However, here is where many affiliate marketers fail. Just because you advertise a product or service for a company, it does not entice a blog or website visitor to purchase it. You have to usher people to affiliate marketing opportunities. Not by throwing a random link on a website, but by helping a website visitor understand how a product or service will fulfill a need they have.
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! 🙂
I would like to say thank you for the information you packed into this article. I myself am working toward becoming a successful marketer, and I definitely can say that it is hard work. I like the part of this article talking about sales funnels, I myself am still having some troubles grasping the concept, but I will get it eventually. Great article, thanks again,
Can you make money with affiliate marketing? The short answer is yes, affiliate programs can earn extra money and even a full-time income from home. The long answer is a little more complicated. Like any home income venture, success comes not so much from what you choose to do to make money, but whether or not you do what needs to be done correctly and consistently.