Awesome article! This is jam packed with great info. I am just starting a personal finance blog with my fiance and we were a little confused about how to start monetizing. We were initially thinking about using Google AdSense but between this post and another blog I read I am surely convinced that’s not the correct route. I’m really happy you have shared this information because it’s provided an excellent starting point for creating income.
If you've ever wanted to make money online, I'm sure you came across the term affiliate marketing. Maybe you even purchased eBooks and video trainings, joined affiliate networks such as Clickbank and JVZoo and thought the sales would start rolling in. Because when peopel think about affiliate marketing, they think about the 'fantasy' they've been told - the Easy Button. You start to get the idea that you can quit your day job, push the Easy Button, and live happily ever after after. But then, when you follow that, they seem to make money... but you don't. Sounds familiar?
It takes time to build a solid foundation for your long term affiliate business. It takes time to gain trust of your audience and the search engines. It takes time to see first results. It takes time to grow your affiliate revenue into a full time income. It takes time to scale your business to a higher level that exceeds a full time revenue umpteen times.
Once you get your basic website set up, your affiliates all arranged, and you start producing content that other people might want to see, it’s time to learn how to market yourself so that people will start visiting your site and finding out what you have to offer. If it’s good, word of mouth will bring others to see your website, and that (along with more marketing and SEO) will slowly but surely grow your audience. But to learn more about that, you should read some of the other articles on this site.
Thanks for this informative post indeed Many people who try affiliate marketing give up way too soon if they don’t see immediate success. Set realistic expectations at the beginning and carefully monitor your statistics to see what is working and what is not and makeep changes when necessary. I will apply these strategies to my affiliate marketing skills to improve more.
“All types of posts have affiliate potential,” says Formaro. “On Amanda’s Cookin’, we match appropriate cookware and even ingredients in some cases to the recipes we create and post. On my Crafts by Amanda site, we match crafting products to our do-it-yourself kids’ crafts and home decor projects. These affiliate links add value to readers and are great ways to monetize recipes and how-to projects.”
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.
Many years ago, I was a broke college student in debt up to my eyeballs. I couldn’t even afford my own place. I became a full-time over-the-road truck driver and was working 70 to 80hrs+ per week, away from home for weeks or even months at a time, and was living in a space the size of a walk-in closet. To make matters worse, I was getting paid chump change.
Fill your website with content that will be useful to the people who are interested in your niche, and place your affiliate links throughout in the most relevant places. That way when someone interested in your content clicks your link, they go to a sales page for a product that they might also be interested in, and if they buy it you get a commission!
When selecting affiliate merchants to recommend, think of your website or blog as very expensive real estate. You only have so much room for links and banners, so pick them very carefully and track your results at least monthly. If someone isn’t performing, take a minute to figure out why. Maybe its placement or maybe the merchant just does not do a good job of converting sales. If it’s the former you can experiment with placement. But if it’s the latter you should just move on to someone else.
Overall, WordPress is the best option for businesses going big. Although the price mounts up with the added plugins and the premium themes - if you're serious about building your affiliate website then they'll seem nothing more than a great investment. The other options, on the other hand, are great for beginners and have a range of impressive themes and delicate layouts to offer.
VigLink is an intermediary platform, so it can serve as a backdoor for affiliates who have previously been banned/suspended from working with other affiliate programs like Amazon. And while you can choose specific merchants or offers, VigLink can be set up to work automatically by scanning your published content and dynamically generating affiliate links, making it a great choice for established content producers who are looking for a simpler way to generate revenue via an affiliate program.
Last but certainly not least is SiteGround. SiteGround is perfect for WordPress enthusiasts because it offers some really amazing WordPress-specific features and 1-click free domain transfer. So they are ideal for anyone looking to change hosting platforms for an established site. They have a very low price point with plans starting $3.45 that includes a free domain, free website builder, free SSL, 10GB of storage space, and free email accounts. They offer a 99.99% uptime guarantee and are highly rated as one of the most reliable and fastest hosts on the internet.
Unfortunately, the 2Checkout dashboard is a bit limited in scope, making it difficult to get any metrics on conversion rates or even sorting by commission payouts. The workaround is to go to the Avangate store, which does list their best-selling products, and then search for these on the affiliate dashboard. That being said, 2Checkout does offer products from more than 4,000 different vendors, making it the leading affiliate network for software and digital products.
4) The Site’s Niche – Check out Commission Junction and Clickbank… and you’ll see that there is virtually an endless list of products you can promote. However, the “Best-Selling” or “Top Products” from affiliate networks shouldn’t be the only deciding factor when picking your site’s niche. Choosing a niche for your affiliate site should involve more research and analysis than that. After all, the success of your site relies mostly on your topic’s level of demand and how well you take advantage of your readers’ needs.
With a good relationship to your visitors, they don’t come to follow your link for buying something to be off and gone forever. If they rely on your two cents about products they are interested in, they will come back to learn more from you before their next purchase. This is the principle of turning one-time buyers into satisfied repeat customers.
If you’re planning to create content on your own, you’ll have to commit to it wholeheartedly because the life of your affiliate marketing business relies on regularly-published content. If you’re planning to hire someone to craft the content for you, that’s totally OK too. Either way, here are awesome tips you could follow when it comes to creating content for your affiliate marketing site:
As mentioned, this is the most popular way that people enter the "Amazon" arena - with most people typically gravitating towards products they either know a lot about, or have access to (from their employment or similar). It's quick and simple... but is not hugely profitable (very competitive), and typically requires decent capital investment up front.
TDBC Consulting offers strategic consulting and Creative, Design and Production services across the full marketing mix for both B2C and B2B clients. Expertise includes: Direct Marketing (Digital and Traditional) Customer Relationship Marketing Customer Engagement- Content Digital Marketing eCRM Promotional Marketing Shopper Marketing Direct Response Advertising With over 20 years integrated marketing experience, many of which have been at Board level Tom Charles leads TDBC Consulting. Tom has run large departments of up to 30 people, building business strategies that have delivered positive change for both the clients he's managed and the agencies he's worked for.
I help frustrated and struggling business owners who want an automated marketing program that is affordable and easy to manage and I help them implement the exact strategies and tactics they need so that they can instantly generate more leads, attract more clients and make more money than they have ever made before - even if they have no money! You know how often business owners are frustrated and struggling to get more sales, The Sales Engine uses proven and tested methods that will increase their profits in the shortest amount of time, with the least amount of effort, and with the lowest amount of cost and risk? What we do is provide them with a step-by-step marketing program that instantly generates more leads, attracts more clients and increases their revenue so they can make more money than they have ever made before.
The neat thing about affiliate marketing is that it’s beneficial for all the involved parties. Advertisers, publishers, and customers alike get something from this type of relationship. Think about it: if you provide a service or have a product, affiliate marketing is a convenient way to sell more with a smaller outlay than traditional advertising. Publishers have a way to earn money without stocking a product, and customers can find what they’re looking for while supporting sites they find helpful.
Have patience! That is my #1 tip for those that want to become their own affiliate marketing success story. You have to be patient. This is a business just like any other businesses. Most small businesses take, what, a few years to truly start turning a profit? Affiliate marketing absolutely is a legitimate business that can earn you well into the 6 or even 7 figures, but you should not expect that to happen without months, if not years of hard work and consistent effort.
Sometimes, you need a good refresher about how successful actual people can be. People who post about their success, people who try to help others become successful, people who don’t care about their niche being undercut because they know they’re the best at what they do. I’ve tracked down case studies from five of these successful marketers, and that’s what I’m bringing to you today.
The topic you choose must have enough depth that you can create a lot of content for it. This is important for building an authoritative site, for search engine optimization, and most importantly, for the end user. If you don't have enough content about a topic, you're not going to be taken very seriously as an authority on the topic and it's unlikely you can convince someone to make a purchase from you.
Too often affiliate marketers use a shotgun approach, getting as many products as possible to push when they should be focusing on their main interest and niche-related products. If you want to develop a successful affiliate marketing site, always stick to one niche. You can create other sites to promote other niches, but don’t spread yourself too thin, because that will lead to thin content sites.
Thanks bro. Its been a while i visited your blog. I am happy to see that you changed the theme. Now your blog looks awesome.. I think now you are pro in word press. Affiliate marketing is the toughest way of earning money as of my experience. Being an affiliate marketer you should have knowledge about the kind of visitors to your blog. One should be very much careful while using adsense because chances of getting banned are very much high. Getting an approved affiliate marketing account is something like sipping a cup of coffee. It’s not about getting approved its about how you work on affiliate marketing,
This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies. In other words, the affiliate must actually get the investor to invest in the product before they are compensated.
3) Number of Affiliate Links and Product Features Posted – Every time you post a product feature with its respective affiliate link, you get a chance for a commission. The more posts you publish with different products (and affiliate links), the likelihood of someone buying from your links increase over time. Now imagine you’ve religiously added a unique product post daily for an entire year – you have 365 links that are readily available for your readers to click.
Down the road you won’t be be limited by free-platform functionality. I’ve seen many internet marketers go the free route only to find out later that there are serious limitations to your site once it’s built. Moving all of your website content from the free platform to another, which you’ll likely want to do at some point, is a major headache. I know because I had to do it once.
To find out if there’s internet and social traffic surrounding your niche, try doing some search engine keyword research and search for related topics on social media. If keywords related to your topic have large search volumes, and if you find related Pinterest boards, Facebook pages and Instagram streams with lots of followers, you have an audience.
As for your question about which affiliate program to join, I cannot give you an answer for that because that’s totally depends on the niche you’re in. I’m not familiar with your niche so I can’t give you any recommendation for that. That’s for individual private affiliate programs. You can also check out the common affiliate networks like Amazon, ClickBank, Shareasale, CJ, all these.
I wish I could promise you an easy way to build an affiliate marketing website and start making money by tonight. I just can’t. There are plenty of “guru’s” out there who promise get rich quick methods. Of course, 99.99999% of those are scams. If you want to find that needle in the haystack, good luck. Over several years I’m still searching for that get rich quick jackpot.
I live in Jamaica and I’ve tried and become miserably frustrated with affiliate marketing. “They” always made it seem so easy yet it can be quite an uphill struggle. I’m quite fascinated with the prospect of making passive income especially after earning my first $20 (which i still havent collected lol) and Your post has been very informative and encouraging; Thank you. I’m definitely gonna get that course you recommend when I begin again. Thanks a million for being so real and all the best with blog!
No matter how good your marketing skills are, you’ll make less money on a bad product than you will on a valuable one. Take the time to study the demand for a product before promoting it. Make sure to research the seller with care before teaming up. Your time is worth a lot, and you want to be sure you’re spending it on a product that is profitable and a seller you can believe in.
On one hand, long and ugly affiliate tracking links are a straight giveaway to people that you want to sell them a product (and people may be uncomfortable clicking on them). Therefore, making your link shorter and "nicer" looking will it give a more professional appearance. One of my favorite plugins for making links look "pretty" is the Pretty Links WordPress plugin.
Your niche is one of the biggest determining factors of your success in generating money. As a starting point, where possible write about something that interests you. If you enjoy hiking, for example, go with that. You could start off looking at REI for products and Zappos for outdoor footwear for inspiration. For movie fans, sites like http://www.redvdit.net/ and http://www.dvdbeaver.com/ are a good start. Take the latter; you can probably make something a lot prettier than DVDBeaver. Similarly, If electronics is your thing, check out wirecutter.com and rtings.com for inspiration, what are they doing well, and what can be improved upon.
Hi Jamie, awesome content that is very helpful esp with the resources, links and the rich discussions. Want to start e-commerce and blog for money…selling others products, want to go full on with this, tired of the daily routine crunch working for others. I live in a developing country (PNG) that has high internet costs (work still in progress with getting rates down…) so will see how I go with your posts. Any advise? Don’t have a website yet, have to build one I guess….
Still not convinced? Image for a moment that you are the one consuming the content, not marketing it. Let’s say for instance you are about to launch your own business. You’re concerned about breaking even, making your mortgage payments and so on. A quick online search and hey presto, you find the definitive guide to starting a business, and, it helps you.
Make sure the target market you aim to serve with your affiliate marketing business contains many useful products. Your audience will tune you out if you spend too much time promoting a single product. Get started by focusing on one great product, but have a plan in mind for how you can expand on that in a way that your audience would find helpful. Improve your affiliate marketing skills with sensational tips and tricks starting with some important Affiliate Marketing Definitions.