Adam Riemer Marketing – Adam Reimer’s blog is easy to navigate and full of fresh ideas about affiliate program management, blogging, adware, monetizing your website and mobile advertising. After more than a decade of working in online marketing, Reimer writes, he started the blog to respond to questions he receives regularly from affiliates, search engine marketing professionals and bloggers. He has published an ebook titled “How to Make Money Blogging” that is available via his blog.
When you sign up for an affiliate program, you'll often be given a host of tools to help you promote the product or service. Be sure to explore everything that is available to you. If you're assigned to an affiliate manager, by all means, use them! They'll know what strategies and methods work best for their products — use their knowledge and expertise to create more effective affiliate marketing campaigns.
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.
While the world goes gaga over Digital Marketing, few seem to be discussing affiliate marketing in depth. A true gem, a lot of digital marketing in the future will be reliant on affiliate marketing. While social media marketing helps create buzz, search engine marketing helps drive traffic, affiliate marketers helps converts traffic into leads and sales. As the focus on ROI and analytics grows, more businesses will demand (they have started demanding already) people to showcase the exact value of digital marketing efforts. If there is one decisive way to measure digital marketing, it’s affiliate marketing. These are best suited for both affiliate marketing beginners and experienced professionals. Of the thousands of methods to make money online, Affiliate Marketing stands out. It has been more than a decade that thousands have turned millionaires simply by mastering this art and its your turn to grow and shine now.
Don’t just hope and pray that visitors will buy; setup everything correctly and make it happen! If you think that visitors will click on your affiliate links and buy just because you placed dozens of affiliate links on your website then you are wrong! You need to have a structured plan in place. Affiliate marketing is a business so you will have a much better chance of succeeding if you treat it like one.
2) I understand this can be difficult. My solution is, like any skill, you have to practice, practice, practice! Set yourself a task today to find 10 markets that show growing demand in Google trends. Just the broad market, eg. running. For the next 10 days, each day find 10 niche’s for 1 of the markets, eg. ultra marathon running. After 11 days you will have over 100 niche markets to explore for products. Go from there.
Many Affiliate Marketers recommend building an email list to market your affiliate links. I’m all for building an email list, but not for the sole purpose of promoting my links. I want to caution you with your email marketing strategy and use it carefully and wisely. People will subscribe to your list if you offer quality content, but if you only use your list to continuously promote your product links, be prepared to lose subscribers.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
ShoeMoney – This blog, run by Jeremy Schoemaker, also boasts insider knowledge about obtaining the Dot Com Lifestyle. His philosophy and business model is predicated on three ideas: Embrace new trends and look for opportunities to exploit them; focus on what you know; and small changes can equal big revenue. ShoeMoney.com shares information on how to be successful amid the ups and downs of online marketing. Schoemaker also offers a free online training program.
Writing product reviews are an excellent way to enhance your credibility as an affiliate marketer. This is especially easy with information products like e-books which are relatively inexpensive. After establishing some steady income it may even be worth buying higher-end products, provided you get in touch with the product creator to work out a strategic marketing plan that takes you to the next level.
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.
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).
Once you have your website, you’re going to have to learn about the different affiliate programs available to pick which one is right for you. Most popular online stores have an affiliate program, so you should really think about what brands best represent your niche market. Another option is to partner with a large retailer like Amazon, Target, or Walmart. Then you can have a wide range of products to offer with your website. Once you’ve decided on your affiliate partner, you just have to seamlessly integrate these advertisements into your content and encourage your readers to check them out. Again, if you want more advanced training on how to properly sell products and services online through your website, check out Wealthy Affiliate for the best training.
Basically, within the whole customer conversion funnel, from awareness stage to purchase, there should be a strong match between your product and your audience. In the funnel, customers start with the awareness stage. And when the product has great conversion rates, it means that customers move quicker through the funnel down to the sale stage, where brands and affiliates make money.
The easiest and most common way to start building an audience for a website is via social media. Depending on your niche and industry, you can choose from Facebook, Twitter, Instagram, Pinterest and several other niche and location-specific networks. Building up an engaged and interested following on social media is a great opportunity to build relationships and once you have their trust, promote your products and services to them.
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.
Thank you for a very straightforward introduction to the world of Affiliate Marketing. I’m looking forward to the journey and just starting out. For me, I’m just as enthusiastic about the challenge of gaining success for its own sake, as the financial rewards it may hopefully bestow on me. There are so many variables involved and putting the whole thing together feels like attempting a 40,000-piece jigsaw puzzle with a hangover.