It's amazing to think that just by simply offering free reports to skeptical e-mail subscribers on your blog or website to build your email list and promoting products as an affiliate can lead to thousands of dollars in sales later on, either through a lifetime of small purchases (e.g. e-books, study guides), the occasional purchase of a complete package, or permission to access a continuity program (a paid monthly subscription to a website, coaching program, etc.) of some sort.
This is something you should spend a lot of time researching before you dive in and write that first article. The tutorial videos you’ll find here are probably the most important videos you’ll watch. Even if you’re “not a writer”, they will show you how to create awesome content for your new affiliate marketing site. The tips and tricks in those videos is invaluable. Go through all of those videos… twice.
Dependency: This is the biggest con, so pay attention! Affiliate marketers depend on the merchant to make their money. If there were no merchants or affiliate programs, the possibility of being an affiliate marketer would not exist. It even becomes more frustrating if for one reason or the other a merchant suddenly stops running the business or their affiliate program. This can potentially deprive the affiliate marketer of his one-time steady source of income.
There’s a popular saying among affiliate marketers and that saying is “content is king.” Content is truly the lifeblood of any affiliate marketing business. So far, everything you have had to learn has actually been relatively easy. Learning how the affiliate marketing industry works is easy to understand once it’s explained to you. Doing market research is easy if you know what to look for. Creating a website is SUPER easy. Writing hundreds of pages of content? Not so easy.
Hands down I’d say the best thing you can do is research 1 primary keyword, craft an enticing article title that includes your keyword (though it doesn’t have to be an exact match), spend time writing your search engine snippets (SEO titles/meta descriptions), and by far the most important is making your content as VALUABLE as possible through videos, nice graphics, table of contents, bold/colors/styling, etc. Small things like keyword density barely matter.
It will probably take a couple years to build a sustainable, passive income. That is the 1st car I have EVER purchased myself at age 29 (I was broke until then and leased from my parents). But the time committed to affiliate marketing and creating great tutorials and YouTube videos was worth it… I work for myself, there is virtually no limit on how much I can make, my schedule is flexible, and I collect enough passive income to live how I want.
I would have one partner create a separate page/contact form specifically for the advertiser – so only people who see that contact form are people who were referred to by the advertiser. The advertiser would use that page as their outbound link. I know you can track outbound clicks in Google Analytics events and Contact Form conversions (usually through most contact form plugins) but that is the best way I think. Never done it, but this is how I see most affiliate programs like that work.
This is not the perfect affiliate marketing strategy, but it’s the perfect method to buy yourself a bit of time. It helps you understand if your strategy and your product can work out by testing and putting affiliates to work, without any financial risk. Affiliate marketing is not a “set it and forget it” type of business. It’s a continuous optimization work, and this strategy gives you the tools to do just that. Optimize for success.
1. Is there nowhere to promote it within USA? The US is going to bring the lions share of traffic for most products so I’d prioritize promoting to them above anything. If you prefer the Canadian network because the payouts are higher/you have a relationship with them/whatever then you can Geo target your affiliate link. That will send Canadian traffic to your CA link and American traffic to your US link.
Once you have your niche and your products figured out, you’ll need to start creating tons and tons of content. Your content can be anything from photographs to videos to blog posts, but what I recommend most is good ol’ fashion written content. Without a doubt, content creation is key to your success. Without great content on your site, you’ll never gain enough visitors to earn any sort of significant living online. You want to make sure that any content you create is high quality, interesting, and relevant to your audience. You also need to create as much content as possible and keep updating the content on your website routinely. For more advice on this, check out my article on how to create great content for your website or blog.
Thats a great point, and I’ve definitely seen my fair share of those “how to start a blog” posts. That’s always been a good fit for people at Location 180, and if they do a good job on the post (truly make it useful) that’s one that doesnt bother me as much – solely because I know how valuable starting a blog can be for your life and goals. So if it’s some personal finance blogger that creates one and you start a blog from that by following their tutorial – all the better!