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Yes, affiliate marketing can make you rich. However, most affiliate marketers fails because of one of three reasons: persistence, quality, and ushering. Affiliate marketing can be highly lucrative if done correctly. And the correct way is providing valuable content and information to those you are marketing to. Let’s take a deeper look at what affiliate marketing is and how you can be successful doing it.
Start by thinking about your audience. What kinds of products or services are they most interested in? Which products or services are you currently using that you would feel comfortable recommending to your readers? You can add links to any affiliate program to your site, but if you want to market them with authenticity, it’s best to stick to companies with which you already have some kind of connection.
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
CJ Affiliate – Overstock, GoDaddy, Zappos, Walgreen, Vitamin Shoppe, Verizon Wireless, Under Armour, TurboTax, TJ Maxx, Sears, Samsung, QVC, Priceline, Petco, Old Navy, Office Depot, Office Max, Nike, Newegg, Michael Kors, Intuit, Hotels.com, HelloFresh, Guitar Center, GNC, FedEx Office, AT&T, American Express, Vivid Seats, TeamViewer, Sunglass Hut, Ally Invest, more.
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.
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.
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.
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.
Theme – you don’t need a special theme for affiliate marketing, you probably just need a blog. I recommend StudioPress themes since that’s what Yoast, Matt Cutts (from Google), and I use. Matt Mullenweg, founder of WordPress also recommends them. One of the biggest mistakes I made was using a theme from Themeforest… since they’re built by independent developers who may stop making updates to their theme. This happened to me and I hear horror stories all the time about people having to switch themes and redesign their entire site. I’ve been using the same StudioPress theme (Outreach Pro) for 3 years. Their themes are lightweight (load fast), SEO-friendly via optimized code, secure, and they have a huge selection of plugins for the Genesis Framework and an awesome community in the Genesis WordPress Facebook Group. They include documentation for setting it up and will serve you for many, many years.
Hey Tom, thanks for this tutorial – it’s a good thing to get a tutorial like this from a trusted person like you and not from the thousands of (sometimes) confusing articles about passive income/affiliate marketing/clickfunnels and what not that I come across from time to time, I am making a living as a web designer and I have been thinking of pivoting from design and creative work to focus on passive income but didn’t know where to start. This is the perfect foundation article I have seen so far and I ‘d like to ask if you have any further reading/guides/videos on affiliate marketing that you’d recommend. I like to do my deep research before starting :) One more thing, there are some broken or missing images in this article, it could be my browser but check from your side too because there are quite a few images (e.g your Mercedes) that are missing. Thanks
While your site is still new, it's a good idea to start capitalizing on someone else's audience. Continue focusing on building your own content, but also considering writing content for a few big, high-traffic blogs that are relevant for your niche. By writing content for a bigger site, you are able to get in front of another audience and showcase your expertise on a particular topic. This will eventually lead to more traffic to your site, as well.
Kim, thanks so much for doing so much research for me! 😉 Guess what, after your comment I went and snatched up the domain Sea Decorations.com (would you believe it, it was still available!!!) and I am in the process of installing a new (but much less elaborate) website which I am going to try to get some Adsense earnings with. I do have Market Samurai, too, I just haven’t really used it to its potential yet. After your comment I think it is high time, though!!! Thanks again, Kim. Good luck to you in all you do!
Jason – so happy to hear the tutorial is helping! Affiliate marketing was a huge break for me and I’m sure it can be for your son too. Whatever products/services he ends up selling, just make sure he is excited about the industry he is – it takes a long of time creating content and it will keep him motivated especially when he gets his first sales.
I kept on squandering to pick a best workable niche for affiliate marketing that has to offer me some decent income. Still, I couldn't stick to anything. By reading this article you have narrow down my options to explore. Now, I can filter out one of these few suggestions that deserve to be successful. Thanks for sharing few top blogs in each niche to navigate and get more ideas on a particular topic.
I’m actually going through setting up a few different sites that are only going to be monetized with Amazon. There are certain benefits to Amazon such as a well-known website and added items on purchases and then there are negatives as well such as low commission and short cookie span. I definitely think you have to choose higher priced items if you want to make decent money from Amazon.
The amount of money you can make can depend greatly of you budget. If you have a small budget and you don´t have a lot of money, then you have to start with free marketing methods like article writing, blogging, forum marketing and such. It takes a lot more effort ant time to have success with these methods. But they are very effective if you keep writing articles and participate in forums. You can make $100 a day within just a few months just with article marketing.