Affiliate marketing is most profitable if you generate your own emailing list using an autoresponder. This involves some initial expenditure, but the rewards of creating a list can make the work well worthwhile. By communicating with your list and providing useful information on your niche you can gain their trust. List members will then be more likely to listen when you recommend certain products to them.
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.
Your life situation might dictate that $200/day is the pinnacle of financial motivation. You can drive yourself to attain this goal, but any further and the motivation begins to slip. That’s a point of diminishing returns. Call it your comfort zone. Any work to advance beyond this point comes with the additional burden of pushing you out of that comfort zone. And so procrastination sets in, along with the dual crippling fears of failure and success.
Good blog Petra. Internet marketing is hard work and this opportunity is no different. I am generally not keen on joining affiliate programs that don’t pay a minimum of 15% commission. However, like all programs you have to master the different aspects of making money online and that will take more time for some and less time for others. The nice thing is everything is already put together for you. You just have to master all of the different marketing methods and you will make more money as you have done. I am joining the Amazon programme, however it won’t be my main focus of attention because of the low payout and I have other spokes in the fire as an affiliate marketer. I can say what I have learnt in the last 2 months with one of these programs has been incredible to say the least.
Let no one tell you that email marketing is dead. An email list is crucial for every affiliate marketer. You can start building up your email list with a lead magnet (like the information products mentioned previously) or even just by encouraging your audience to sign up for your updates. You can then push your content to this audience via email and also direct them to your affiliate offers. Don't be sleazy about the sales, but if you build up enough trust with your email audience; when the time comes, they will not mind purchasing a product from you.
Hi Petra, I have to agree with the first Chris, Amazon is great when you target a niche where people want to “buy now”. Something like “last minute gifts for …” or similar. One person I know of that has a lot of success with his astore is Darren from “Digital Photography School”, his astore has even a page rank of 4 😉 Have a look at his site to see how he implements amazon products into his site content seamlessly. Another great example on to learn “how they do it” 😉 SY
If you follow the proven methods I’ve used to build my affiliate marketing business, you’ll spend the vast majority of your time WRITING. My business is all about creating content, content, and more content. Are there other ways of succeeding at affiliate marketing? Certainly, but I find that content marketing is by far the single most profitable method of affiliate marketing.
Amazon’s affiliate program is the most popular of them all. I don’t participate myself (yet) but the majority of affiliate marketers I know use Amazon because… it’s Amazon. You can review products you have used or write tutorials (eg. how to connect computer to TV) and drop an affiliate link to an HDMI cable… just a couple examples. You may want to build relationships with the manufacturers so you can get products before they’re released – giving you time to create a review before the product is launched and capture sales during peak buying times.
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 are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.
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.