When it comes to having your own tracking platform, there are many to choose from. Some will be hosted on their own platform, while others will give you access to software that you can download and place on your own server. This will allow you to actively monitor and track all ad campaigns directly, while also comparing these stats with your ad network.
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.
I absolutely see the value in affiliate sales (and Pay Flynn is one of the masters at doing this authentically and openly), but I got really turned off it when I saw a lot of bloggers I read and respect writing junky “How to set up a blog” posts that didn’t seem relevant to their audiences purely so that the could get the sweet Bluehost commissions in.
A perfect example of this would be if you were trying to rank for something like “blogging” or “how to make money with a blog”. The two search phrases are similar but completely different in nature. There is no way to know what someone wants when they search for “blogging”, however if someone is searching for “how to make money with a blog”, it’s quite obvious.
These days, you have the best programmers in the world creating what are called Content Management Systems (CMS) that will build awesome looking websites for FREE. For example, this website is based on the WordPress platform. I did pay about $50 for a premium design, but other than that, I don’t have to know any computer code at all and either do you.
And as much as possible, write evergreen content. Evergreen content is content that will be relevant all year. When I first started my blog, I was excited to publish my Valentine’s Day Gift Guide for Him (fun fact: this is the post that earned me my very first $0.46 commission). But I can’t necessarily promote this post all year long. So while these holiday-centric posts are fun, they won’t generate many views (and thus affiliate commissions) throughout the year.
When you visit an affiliate company, you’ll be able to choose between a free plan or one that comes with a monthly cost. The premium membership comes with more support, more websites, and a stronger connection to the affiliate marketing community, but if you’re at the point where you’re just dipping your toe in the water to see what it’s like, the free membership option comes with some support for the first week and enough freedom and tools to quickly create a basic website and get going.
Hosting – This is where your new website will be hosted. You can start with just the most-basic plans of popular hosting companies. For example, Bluehost’s Basic shared plan already has a free domain included, plus everything you need to begin your affiliate marketing journey. It’s priced normally around $8, but is often on sale at $4/month. Like all hosting providers, the longer subscription you pay upfront, the bigger your savings.
This is wonderful book on Affiliate Marketing. Affiliate marketing is to partner your website with affiliates to promote their products and services, especially if those products and services are linked to your particular niche. This book tells you how do you get into it, and also how you can make money from it. It is purely a process of earning commission by promoting. There are also benefits of affiliate marketing is described in this book.
5) Marketing Effort Done – Marketing your website everywhere helps in increasing traffic to the site. And when traffic shoots up, more people are able to read your content and decide if the product or service you’re promoting is worth checking out. As a result of the amount of marketing effort you commit, your chances of earning commissions increase with every person that visits your site.
Firstly, pick a topic that you’re interested in that also has a lot of market potential. Think of something that you like, and consider whether there would be many products associated with it, or much of an audience. You can find a topic (or “niche,” as affiliates call it) with a little research. You’ll find lessons to help you with this process in the market research section of Affilorama’s free lessons.
For example, I have a website that reviews dog food. If you click on the dog food reviews on that site, you will notice that all of my reviews are high quality, detailed, and as unbiased as possible. There are both positive reviews as well as negative reviews, plus some dog food brands that are rated in the middle. The only dog food brands I rate highly are truly brands I would feed to my own dog (and I love my dog… seriously). I am able to do this because I use the Amazon Associates affiliate program so it doesn’t really matter what people buy – I profit either way. Check out my little promotional video below…
Paid advertising is NOT something I recommend for those who are just getting started. With that said, it’s good to have a basic understanding of what is known as PPC or Pay-Per-Click website traffic. In short, you can use services like Google Adwords or Facebook Ads to drive traffic to your site. You pay per website visitor, but you can make a lot of money doing this. Say it costs you $1 to send a visitor to your site, but each visitor on average earns you $2 in affiliate commissions. You, my friend, have a money machine on your hands.
It would be nice if we could create websites about whatever niche we wanted, and that’s fine if you don’t care about money, but if you actually want to earn an income from your affiliate marketing efforts, you need to know for sure that your niche is profitable and winnable (enough demand but not too much competition). Trust me, there is a niche for you. Go out there, do some research, and find it. These videos will show you exactly how to do that, step-by-step.
Purchase Complete In longer sales cycles, it may take more time for a purchase to be completed after you bring your customer to the merchant. This rewards generously for prospects you provide that actually buy. A referral from your efforts negotiates with the merchant. After 3 months in their sales funnel, they close a deal and you are compensated a set percentage.
I expanded my SEO blog and started writing about hosting, cache plugins, and other relevant topics… while recommending SiteGround in each tutorial. I added social proof like this poll where they were rated the #1 host. Each tutorial was super detailed and tons of people found them helpful – many generated 100 visitors/day since the great content got them ranked high.
If you’re lost which idea you should be checking out, stick with what you know, what you’re passionate about, and products you can’t live without. Whether you’re planning to expand a generic product (such as “fitness toys for dogs”) or focus on a specific brand (such as FitPAWS), it’s essential that you know what the competition is like if you decide to go through with such a topic.
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.
You’re not just “starting a blog” or “building a website”. You are starting a business! You have to go into it with this mentality if you are serious about succeeding. It’s fine to “test the waters” so to speak and see if this is right for you as the risks are extremely low. However, if you are truly serious about earning a full-time living through affiliate marketing, you must treat it as a business. No business is quick or easy to build and affiliate marketing is no exception. There are plenty of people who will tell you that it’s easy to make money with affiliate marketing, but I’m not that guy. Is it possible? Yes, but it’s going to be hard work.
If you’re going to sign up for any of their premium services, I personally recommend you sign up for this business building package. Basically, you are paying their experts to go out and perform market research, build a website for you, build you an email responder that will automatically email your subscribers for one year, and create the first handful of content pages. They will also help you research the best affiliate products to promote and give you access to special one-on-one coaching that is only available for their paying members. Check it out if you have the funding to get this type of jump start. Outsourcing from day 1 is ideal if you have the funds available, especially when you are outsourcing to a team of people managed by affiliate marketing millionaires.
I’ve learned so much with this course! KC Tan is an excellent instructor. He covers all the bases. Also, his facebook group and email list have both been a great value for me. I’ve made money using this method, and I’m hoping to start making even more by learning list building details in another of his courses that I just started. So glad I came across his courses. – Maya Brown
The last big tip for success in affiliate marketing is to not solely rely on affiliate marketing forever. By this I mean you should be looking for new opportunities in how you can scale your earnings and business in size. Even outside of your own affiliate marketing efforts, there are plenty of ways to make money from home. Some of these methods can help inspire new ideas for products or services you can create to cater to different audiences.
This is real informatic information. I found this one real meaningful, wow! you truly showing the way affiliate works. I agree ad monetize can be passive income theme while affiliate can be our primary hope…I read so many articles but feels like something is hidden..but found this one real insidefull. This is showing us how our 100 bug can be harvested from from small sources. Because newbies might want to give up blogging as they are not going to earn because they thought it’s one shot income source. Thanks Sean it will really encourage every new entrepreneurs.