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.
Next, you’ll need to measure your success, and quite honestly, your failures, too (some of the best lessons learned are through our failures). First look at the success of your content. Are there certain pieces of content that had higher viewership and lead to more conversions than others? What made those different than the pieces of content that had less viewers? Once you understand that you can create more content that is successful. It’s possible to get a glimpse into this if you start searching for things in your niche. For example, “top lists” are extremely important such as “the top 20 ways to make your dog happy” or “the top 12 places to travel in Europe” and things like that. In other niche industries, “how-to” articles are huge such as “how to make your own garden” or “how to jump start a car” or things like that. Just look at sites like tie-a-tie.net. Even a site about properly tying a tie can be a success if done right! You also want to look at how your marketing campaigns have worked. Do your posts on Instagram drive more traffic than your Twitter updates? If so, you should focus more on marketing with Instagram. The more you measure your success, the more you will understand what is and what is not working for your business.
Of course you want affiliates with high commissions, but they should also have a solid reputation with high conversions and low reversal rates (you get $0 if people cancel after signing up). If they’re part of an affiliate marketplace like ShareASale or ClickBank you can see some numbers there. Companies likes Amazon/SiteGround are safe bets, otherwise do your research (or track your affiliate links so you can monitor their performance). Avoid affiliates offering huge commissions since this probably means they’re struggling to acquire/retain customers naturally. This will hurt your numbers (specifically your conversions/reversal rates).
You Don’t Need To Track Affiliate Links To Improve Conversions – you will always hear people telling you to track affiliate links. But for me, I generally use the same content about SiteGround on all my speed optimization articles… it is very important it converts well. Change your approach on how you recommend your affiliate product (it’s perfecting your sales pitch).
Very nice article! Affiliate marketing is perfect for bloggers as long as they offer quality content and are upfront about it. If people are willing to donate money to YouTubers via Patreon, why wouldn’t they buy something that they want or need through the site or blog of someone that offers them great content and support his or her efforts? It’s a win – win kind of deal.
With the aid of the Internet, you can almost have everything right at your fingertips. With just a few clicks you get access to thousands and even millions of pieces of information and data on virtually any field of interest. As years pass by, the Internet continuous to effect radical changes in many facets of human endeavors, including commerce. Experts say that the information space, commonly known as the “world wide web,” grows by over a million pages everyday as more and more people utilize the Internet for information, education, entertainment, business and other personal reasons. It doesn’t take a business-oriented individual to realize that this phenomenon can bring about sky-high financial gains. The Internet’s fast-growing popularity in the recent years is surely an opportunity for business that any entrepreneur would not want to miss.
Love these tips! I have also been dabbling in affiliate marketing more myself as I’ve seen first-hand that the income potential can actually be far greater than what you can get from any of the ad networks. I also prefer pay per lead … for me, the banner ads don’t seem to convert very well. I think a lot of people just automatically turn the blinders on when they see banners on websites. But I have found that trying something out yourself and then writing a fair and balanced review of the product and/or service works quite well for getting conversions so I’ve been focusing most of my efforts there.
You’re absolutely right about that time. Never give up. Content marketing is a hard job but you got to look at it like this. The internet and side hustles are here to stay. It goes Way Beyond making money online. We both know there’s no more traditional job security in America today. These narcissist employers are nothing nice. They will hire you 1 minute. Harass you on the job. Steal your commissions and laugh at you behind your back while you continually work hard and put more money in their pocket, then try to enslave you into making more money for them and continually disrespect you to your face. This is the Ironclad indicated it’s time to walk away and start your own business online by working part time on your side hustle weather to Philly at marketing, blogging, or selling your own product service online. There’s billions of dollars to be made in the affiliate marketing industry. With that said, it’s a good thing to know the side hustle is here to stay to those who dedicate themselves to creating quality content on blogs and websites and taking a side hustle to the public nightstep. Agree? :-)
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.
Advertisers are drawn to the performance-based nature of affiliate marketing, and they are catapulting to affiliate marketing at accelerated speeds. It is estimated that around 81% of brands and 84% of publishers today are making use of affiliate marketing. Also interesting to note is the fact that about 16% of total orders via the Internet are now generated via affiliate marketing. This market is growing, and growing fast! If you want to take advantage of it, you need to jump in now.
There are so many benefits to building an affiliate marketing business. Some of which include that it is low-risk, cost-effective, easy to track, and most importantly you don't actually have to create anything on your own. Rather, your job is only to create epic content that recommends products and services, based on your own experience. It's a win-win.
The platform: You have several options for your site’s platform, including your hosting provider’s built-in website builder that features drag-and-drop style site creator perfect for beginners, or coding the website from scratch (which provides the most flexible option when it comes to customization but require advanced HTML and programming skills). The most popular platform used across the board is WordPress. It’s the industry standard and used by a third of every website online.
Interested in knowing how to start affiliate marketing? It can be overwhelming when you first start out, but learning all about affiliate marketing and how to start is actually fairly easy. Affiliate marketing is an exciting alternative to the traditional means of making money through advertising on the internet. While professional media sites often resort to increasingly intrusive popup ads and video ads that sometimes play full audio whether you want them to or not, affiliate marketers can afford to be less aggressive and yet still make a living off of advertising revenue.
Giving away a free informational product such as an e-book, an email series or a mini course is a popular tactic many affiliate marketers use. Usually, your readers will have to provide their email addresses to receive the product from you. You can then use this to sell to them via email marketing. Additionally, an informational product can generate interest in the actual product you're trying to sell. If your product is popular enough and brings enough traffic to your site, you could also monetize the traffic in other ways, such as AdSense.
Amazon’s affiliate program is the most popular of them all. I don’t participate myself (yet) but the majority of affiliate marketers I know use Amazon because… it’s Amazon. You can review products you have used or write tutorials (eg. how to connect computer to TV) and drop an affiliate link to an HDMI cable… just a couple examples. You may want to build relationships with the manufacturers so you can get products before they’re released – giving you time to create a review before the product is launched and capture sales during peak buying times.
With the ability to run my affiliate business from home, I don’t have to deal with rush hour traffic, office politics, and most importantly, it gives me more time to spend doing the things that I truly love to do. Making the lifestyle change from working the brutal hours I was working as a long-haul truck driver meant everything to me, which is why I am passionate about helping others run their affiliate business from home. Trust me, if I was able to start earning a full time living through affiliate marketing, so can you. No, it won’t be quick and no, it won’t be easy, but it can work for anyone who is willing to put in the time and effort required.
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.
I’ve just got to hear about affiliate marketing and am really a newbie to this matter. The post above was so great and helpful for a person like me. I also took a look at locationrebel which seemed very exciting to me. I wonder if those courses and blueprints are still applicable because as far as I’ve seen, the reviews and testimonials all refer to the year 2013. It was the only reason that hold me back from joining the Locationrebel. I would be very thankful if you help me with this matter.