Improve your conversion rates. Don’t worry if you can’t match your competitors’ cost-per-actions (CPAs). Start experimenting with new affiliates and improve your conversion rates, because the more conversions you produce, the more your affiliates get paid. They will prefer promoting your product over someone else’s when they see the number of customers they can generate.
He is the co-founder of Neil Patel Digital. The Wall Street Journal calls him a top influencer on the web, Forbes says he is one of the top 10 marketers, and Entrepreneur Magazine says he created one of the 100 most brilliant companies. Neil is a New York Times bestselling author and was recognized as a top 100 entrepreneur under the age of 30 by President Obama and a top 100 entrepreneur under the age of 35 by the United Nations.
Wow! Thank you for such a complete description of affiliate marketing. I just started casually blogging a few months ago and your post gives me a great view into just how much work is involved if I’m going to successfully monetize my blog. I just shared a short post titled “A Blogger’s Nightmare – 0 Active Users” commenting on having blog traffic…I definitely see that there’s a lot more involved! Thanks again.
To put it in simple words, Affiliate marketing involves promoting others’ products or services in exchange of a commission. The commission is the percentage of total sale and can range from 5% to 100%. You can promote through different methods like websites, emails, social media etc. Affiliate networks acts like middlemen in the process and track sales as well as commissions .
Shortly after the creation of the World Wide Web (WWW), a new breed of business entrepreneurship took hold in America and throughout the world. Pioneering affiliate networks like ClickBank saw the potential of a new type of product that with time could rival oil, coffee, gold and any other commodity known to humanity. The product in question is information, and thanks to the internet anyone anywhere in the world has the potential to become an information entrepreneur; i.e. an infopreneur.
SEO: getting consistent traffic by writing AWESOME content about your keywords (there’s a phrase “length is strength” in SEO and this paid off big time for me). Maybe you’re doing videos or an eCourse, but I found blog posts WAY easier to update which means less maintenance. The biggest factor by FAR was the time I spent meticulously creating my tutorials… which eventually resulted in a sudden 3x increase in SEO traffic
Your website works for you 24/7 without a human manning your site and can pull earnings in around the clock. You have a never-ending list of products and services to promote. And, my personal favorite, you don’t even have to worry about inventory, storage, customer service, handling, shipping and other day-to-day operational issues faced by ecommerce stores.
As mentioned earlier, there are various approaches to affiliate marketing and it’s up to you to pick which one or combinations to use. You may easily scour the Internet for them. Don’t be scared to try out different strategies as it is one of the most effective ways to find out the best method’s for your niche or product’s. Should you go for content marketing, it is better to supplement it with social media marketing to maximize your exposure. Just don’t forget to use the keywords from your research for your articles.
Here’s the truth. The best money for affiliate marketing is in your subscriber list. Loyal customers who like your content will not only keep coming back for more, they will want to do their part to help you out by buying products through your site rather than directly from the manufacturer. For your most loyal fans, build a subscriber list and use it, but don’t abuse it.
Banners – after testing them out I decided to take down my banner ads since they looked salesy and weren’t working like my affiliate links did. They’re easy to throw up, but distracting and probably won’t get great results. If you try them, be sure to show specific sidebar banners based on the type of content people are reading on your blog (for posts that fall under my SEO category I would show a banner related to SEO, and for posts under my website speed category I would show a different banner). You can do this using a plugin like Widget Logic.
One thing alot of ppl don’t know is that their small blog and writing about things that are passionate to their heart can yield them healthy affiliate income vs what they’re earning on the day job now in as little as 2 years. The key to success in affiliate marketing if you’re generating income via a content-based WordPress blog or static HTML website is to frequently update it with “lots and lots of content” Transformational content marketing in a specific niche is possible for anyone who has 0% experience writing online.
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.
The website layout: You can make affiliate marketing work no matter what website layout you choose. For example, if you’d like your site to look more like an online store similar to the popular Odditymall, nothing is stopping you to do so. There’s no rule preventing site owners from showcasing affiliate products this way. Many affiliate marketers choose a blog layout instead, often writing product information or reviews along with links going to the store.
All the work you do promoting third-party products shouldn’t be in vain. You have to understand that commissions in affiliate marketing aren’t guaranteed – you’d have to make sure your blog has traffic first, and that you’re able to encourage people to click the affiliate link. From there, you’d have to cross your fingers that these people buy something from the affiliate network so you can earn a cut from the sale.
There's a huge range of different methods for getting visitors to your website, including signaling to search engines like Google that your website is relevant to your topic, and spreading the word on social media. Because of the variety of strategies available to you, you'll be able to find something that suits your strengths to get the ball rolling for your own affiliate website.
Now that you’ve decided on a niche and affiliate network, you probably have a good idea of the products you’re going to feature on your affiliate site. Before you go on a publishing spree, make sure you create a workable strategy and put it on writing. This doesn’t have to be perfect, since you can adjust it as you go along, but it makes a whole lot of difference if you follow some sort of guide.
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.
So, each year he spent as a corporate drone was getting harder and harder for him. Maybe it was the routine; maybe it was the fatigue caused by the constant pressure of overworking and chasing deadlines. The bottom line was that it was time to do something about it. Finally, he took a gap year that has now lasted two years already and is unlikely to end anytime soon.
hey sean, am a newbie who is so ethusistic about online marketing. great post , i must commend , it came in handy. through your post i clearly understand that an affiliate mustr have a website and a blog as a platform for promoting the good and services. here the thing with me , i dont have either of them and am asking ….. is it advisable for me to delve in affilate marketing peradventure i get a blog running now …?