To break down the question “Is affiliate marketing worth the effort?” take a look at the efforts I’ve laid out, and determine for yourself. In order to be successful in affiliate marketing you’ll need to choose a product category to focus on, learn about your audience, build a website or blog audiences can trust, create LOTS of content, and promote your content and your product, and with the right trial and error, you could be well on your way to receiving those commission checks from happy brands earned by referring happy customers. In terms of regular maintenance you will need to keep up with the latest online marketing trends, promote your content regularly, and continue learning about how your product category of choice is developing in today’s modern age in order to remain a trusted resource on your chosen topic.
I have similar experience like most of you do in the beginning for being an Amazon affiliate. However, things have been totally changed in Christmas of 2011. Starting from October, people starting to visit my website and I didn’t know where they came from. Before that , I only got about 6000 visitors in my website but by November and December, people just came to my website like a wave and nothing could stop them. Every day I have 20-30 sells and I have sold more than 200 items in month and some of them were high commission stuffs as well and many people also wanted to rent my website to post a link in there as well. By the end of December, I have more than 120,000 visitors to my website and I have a great year with Amazon and made $128 in November and $613 in December alone. Plus some traffic income from my website, I feel happy with that. Although traffic has been totally drop down after Christmas, but I feel happy with Amazon since it is easy to operate and no headache at all.I am still waiting for my first check to come (60days holding period) but I think it is already a small happy success for me already. I hope I will do better in 2012 Christmas. I didn’t put any effort in the last two years for being an Amazon affiliate but this year, I will do my best. However, it would be nice to have some other affiliate program that will pay much more but with good links and html for their products to paste on the website as well. But good program with all these are not easy to find. Commission Junction, I tried it before but it didn’t work for me but maybe I can try it all over again. As long as you have target traffic for your website, you can try to promote more and different things. The best of all, my website is free and they will pay you for traffic when people just clicked their ads as well. I have a new website on Valentine gift ideas just published with this free website program, you can feel free to take a look if you want to. Anyway, May God bless everyone in 2012.
The second reason that niche topics will bring you more money is because competition is less fierce. Rather than compete against dozens or even hundreds of other marketers, you’ll only have to compete with a handful. In fact, you may not even compete with the other marketers at all. They may become your friends because you share similar interests. Together you will tackle the market to make even more money.
Affiliate Marketplaces – ShareASale and ClickBank have thousands of merchants to choose from. It’s nice to login to 1 place and check the performance of multiple affiliates without going to each individual portal on each website. Many programs aren’t part of a marketplace though. I’m a big fan of ShareASale – there are so many companies and industries you can choose from.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
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.