Have you been hearing a lot about earning easy money by referring people to Snapdeal, Flipkart or Amazon and thinking what actually it is? How in such a competitive world can people make Passive Incomes? – Then the first thing that you need to know is- It is neither a trick nor magic- Generating passive income in this way is a well organized marketing system- That you too can use, but for this you need to learn Affiliate Marketing. Before going in details, first, let us learn Affiliate Marketing basics by delving into what experts say about it-
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.
Yes is the short answer. Any time you are planing on generating money, you should have a plan. No plan means no real focus. There may be some 1/1000 percent of a chance you will succeed, but I haven't met them yet. If you have already started and have generated an income, record how. Doing so will give you material for use in expanding your business faster.
The benefits of affiliate marketing are location independence and the ability choose which products to promote. Also, your investment of time and energy directly correlates to the return you see. Depending on your availability and what you hope to gain from the enterprise, you can choose to be the type of marketer who sets up shop and passively waits for customers to come, or you can proactively spread the word about your favorite merchandise from prominent brand affiliates.
ps. collecting these Facebook polls is one of the main reasons I was able to get so many SiteGround sales. Yes, I’m suggesting SiteGround for your host, but this is also a strategy that can be used to collect unbiased reviews. Just go to Facebook and search “SiteGround poll” and you can dig up some great stuff – you can do this with lots of affiliate products/companies.
A sound product strategy is a must for new affiliate marketers. Ideally, you should choose a niche that you can make money online with and has a lot of product vendors. This will give you a wide selection of products to offer your online community. However, limit yourself to two or three products at a time, so that you become the expert others turn to and trust when reaching for their wallet.
Michael, great article–lots of good solid ideas to get my affiliate (& my rear end), up and at it!! Also, love those falafels too! I am in the process of building a website that will have approximately 8-10 products offered over time. The products all come from the same niche. Do you think this type of site can have good success as well, or do you think just focusing on one product per website is the way to go?
If you are interested in learning the process behind building a WordPress website then you should look at Learn how to Build High Quality Affiliate Websites. This will help you not just learn how to promote but also get you going with setting up the wordpress website and then promote relevant products. Andrew’s course is a Bestselling Course and we have no doubts why. The following pointers should help you make up your mind. Think of this program like going to affiliate marketing school.
Cookie period is the time wherein affiliates can still be credited for commissions. It is set by the affiliate network. The browser cookie links a sale to you whenever your site visitor clicks on a particular affiliate link and makes a purchase. The cookie period refers to the time they reach the destination website to the actual time they purchased something from the store.
What this all boils down to is, you get to essentially look over the shoulders of highly successful affiliate marketers and just copy what they do. This is all part of their free affiliate marketer training package that you get with your free account. It… is… GOLD. Better yet? They keep it updated. The affiliate marketing industry changes fast, so you won’t get outdated information with them as they keep updating the training videos as needed.
One of the best ways to scale your business with affiliate marketing is to see if there is an option for you to remove the middle man and create a similar product or service of your own. Depending on the offers you are promoting, you may be able to come out with a product or service through a simple lead gen process or creating your own site. A good example of this would be “email submit” offers or an online course.
Take ThirstyAffiliates, for example. This plugin helps you add affiliate links to your site and then organize and manage them. You can also include corresponding images, and track your links’ statistics. Pretty Links offers many of the same features, but focuses on optimizing your affiliate links. Both plugins have premium versions offering even more functionality. There are also plenty of alternative options to choose from.
It is fine to write reviews about the products you promote. It is encouraged even. That being said, make sure that your review is honest. You need to genuinely represent the product you are promoting, which means pointing out its flaws as well as its qualities. If you focus only on the good to the exclusion of the bad, then people will distrust what you have to say and abandon your website. Affiliate marketing thrives on credibility.
Domain name – A domain name is the name of your website. It is the address internet users type in to access your site, instead of entering the numerical IP address. If you don’t have a hosting provider yet, you can get a free domain name with any of the shared hosting packages on BlueHost. If you already have hosting, you can purchase a domain a la cart for as low as $9 per year.
A niche is a segment of the entire market population that you want to focus on. In this context, it’s a group or place where online users share common interests and similar behavior as consumers. Focusing on a niche lets you focus on the ins and outs of affiliate marketing on one particular consumer group, allowing you to maximize your results for less effort—that, compared with marketing in many different niches.
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.
For example, the content on Super Weddings is useful whether you're organizing a wedding today or next year. All the content on the site is created accordingly. To make things easier for the audience, it is separated into categories to make it very convenient for the reader to find what they're looking for. This, of course, is also very good for SEO.
Making Sense Of Affiliate Marketing – An easy to follow online course that teaches you the ins and outs of affiliate marketing. It’s written by Michelle Schroder who makes $100K+ a month from her blog. A genuine super affiliate that shares her success stories and affiliate marketing techniques with her community both on her private Facebook group and on her blog.
Consistency and discipline – Mr consistent usually gets the best results. Being consistent and disciplined in your business ensures you’ll minimise distractions that will delay your success. It will also help you develop a structure around your daily actions so you won’t waste time figuring out what to do next. Creating a plan and sticking to it is essential for long-term results.
If you can get your affiliate partners to provide you with free products, then you can pass those on to customers. These can be actual products, promotion codes, or even access to limited-time offers. In some cases, companies will only dole out freebies to established affiliates, but if you can convince them that it will help launch your site and therefore bring them more business, they are likely to bite.
I would like to add that for information products, a lot of the time it’s pretty easy to rank for “information product review”. I recently did a review of a popular ebook that is a month long discipline program. I went about it by doing the actual program and documenting everything. At the end of the month I wrote up a 2700 word article summing up the whole experience.