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.
Just as important as connecting with consumers is the fact that social media can improve your search engine rank. All search engines, Google included, use social media output in their ranking algorithms. The tweets and Facebook posts you have, the better your ranking will be. Think of it this way. If you can get people to tweet about your site, they are not only directly spreading information, they are also boosting your search rank. It’s a two-for-one deal!
If your domain is your address, hosting is like the actual house within which your site will live. It's your own little slice of the internet — the place where all your website files live. Hosting is very affordable these days, so don't unnecessarily scrimp on costs. Go with a reputable, reliable provider because your affiliate marketing business depends on it.
There are great programs out there that can teach you affiliate marketing & they provide you with loads of resources,.for example look at this Dealfuel affiliate program . so far out of various affiliate programs I think programs of this kind are very suitable for newbies as the number of resources they provide for their members is insane! you can check out similar programs on websites like http://Photowoah.com and http://greeddeals.com
Once you’re financially stable, I hope you start giving back. It feels good and people like the idea of supporting a good cause (they will be more likely to click your affiliate link in your disclaimer). This also means you don’t have to use as many links in your content and risk getting a penalized. Last year I donated $3,000 to Red Cross At Hurricane Harvey.
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I went from making $20k in 2016 to $100k in 2017 by dropping my web design/SEO clients and doing affiliate marketing/blogging full-time. 90% of my (passive) affiliate income comes from SiteGround, a hosting company who awarded me affiliate of the month in July, 2017 when I made $9k in 1 month. Since then I’ve continued to hit numbers like this – the screenshot below is from March, 2018 when I made $14.5k in 1 month (just with SiteGround).
At the time, I had a ton of people reaching out wanting to hire me (I ranked my self #1 in Google for WordPress SEO Consultant, WordPress SEO Expert, many other good keywords). Unfortunately I struggled with basic things you need to run a service-based business… keeping track of clients, time management, and making sure I was charging clients for my time (and getting them to create content which often seemed impossible).
One of the main reasons why most newbie affiliate marketers give up after 3 months is the fact that they can’t build up traffic to their affiliate website. It’s a thorn in most marketers’ sides, but one that can be easily resolved if you put the effort in. Below I have covered a few areas that will get you good targeted traffic to your affiliate deals.
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.
Just like everyone should be split testing, they should also be running their best campaigns on different networks and traffic sources as well. A great example of this would be if you were running an offer on Google Adwords that’s been profitable for quite a while. Since you already know which keywords and landing pages are working best, it wouldn’t be hard for you to take all of that same information and create a new PPC campaign through Bing.
Paid ads should be your last step in marketing your range of affiliate products. You want to make sure you’re in a money-making niche and have a roster of products proven to sell, as well as proven sales funnel that compels your prospects to buy. That way when you invest the money in a paid ad, which can cost hundreds and thousands of dollars, you’ll see a decent return on investment.
Same here, this post kind of fell from the sky at such a great time. Been building a great community of readers over the years but reached a point where I’m losing money maintaining the site and newsletter. As you said, the ads don’t bring much -ironically I use Adblocks too but affiliate marketing always seemed like a weird and opaque subject. I’ve read many of Chris Guillebeau’s books in the last few months (this is how I discovered your site actually!) and I didn’t realize he had affiliate links for instance. Your post opened up a new window of possibility for me. Still need to process everything and do the work behind but a big thank you to you Sean!