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).
Of course, you can place advertising links on your social networking pages, this will also be affiliate marketing. But in each case you will coordinate your actions with the advertiser. Whether such variant will arrange it. Some require only placing affiliate links on personal sites. Still, I advise you to create your own site. This is a good prospect for future earnings.
Getting views on YouTube can take much less time than getting traffic on a blog. It’s all about the content and video SEO. Make sure you’re researching a good keyword for the video, writing a nice title, creating a nice custom thumbnail, long description, timestamps, etc. If you are good at making videos, holding people’s attention, and finding a solution to their problem, you should be good.
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.
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.
(Also, did you notice Michelle said you don’t even need to HAVE a blog to be a successful affiliate marketer?! I thought that part was pretty interesting. Meaning affiliate marketing would be a great side income option for anyone who was willing to learn to do it and put the effort into a social media account – like Facebook, Twitter or Instagram.)
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.
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.
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.
Anyway, to make a long story short….in my first 2 years I only made like $5 from Amazon, then I bought this software, used it to find what keywords I should actually be targeting for the topic I was writing about, and I’ve made $101.17 since buying the software 6 weeks ago. And I didn’t change any of the content on my pages, I only changed the titles, descriptions, and tags to match up with keyword phrases that had the least competition and most traffic for the topic/product my page was about.
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.
This is an awesome post, and am very happy to have wandered across it – you really go into detail about your personal experience with Amazon’s program, and it is a hugely helpful story to hear. I’m thinking of monetizing through affiliate links at some point, and hearing about that generally in other blogs is kinda annoying. What I need to hear are specifics, even if the specifics won’t apply to my situation. What I need to hear is how real people actually go about doing something, and your post accomplished that. Bookmarked.
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.