My conversion rate went from 2.5% to 8% just by including Facebook polls where SiteGround was rated #1 (here’s last year’s poll) plus Twitter screenshots and Facebook conversations. Whether it’s Amazon reviews or social proof, you NEED to include outside opinions. You can also use WP Rich Snippets to allow people to leave a review about the product/service on your site and get those review stars in Google (you will want to use their front end submit add-on).
It is a very good idea to use different product promotion strategies so you can figure out what is working and what is not. Try to do split testing and measure the performance of each campaign then take actions accordingly. Changing a few things here and there can increase your profit dramatically. Make sure to place the banner ads on different areas of your site’s pages. Some positions will make the ads more noticeable than others.
One of the disadvantages of working with a network is that they charge a commission, which is normally up to 30% of what you charge affiliates. For example, this is how it works: Brand C affiliate program might sell $1 million of clothing. They pay their affiliates 10% commission, so the total commission of the program would be $100,000. The affiliate network would then charge 30% override on this figure so the brand would pay $130,000. The affiliates would get the $100,000 commission and the affiliate network would get $30,000 override.
Use Deep Links – these are pages on your affiliate’s website that AREN’T the homepage. For SiteGround’s hosting I link a lot to their speed technology page as an affiliate link. If you’re doing Amazon’s affiliate program you just want to gather a list of products you will be recommending to readers, create an affiliate link for each one, and import them to the plugin.
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.
You need to think of affiliate marketing as if you were a business owner. This is the mindset shift that you need to make. Affiliate marketing is a real business and you need to treat it as such. Research shows that over 80% of brands utilize affiliate marketing. A brand isn't built overnight. It requires time, patience, hard work and discipline to build a business from the ground up. The same goes for an affiliate marketing business.
Strive to become an authority. It doesn’t matter if your niche is the silliest topic in the world, as long as you’re “THE” site to check out when it comes to everything about fidget spinning (or whatever niche you decided to focus on), then your website is a success. To become an authority within your niche, you have to be consistent with publishing content, provide value to your readers, and make it a goal to earn your readers’ trust.
Easy management: All marketing tools and affiliate links are provided by the merchant. You never have to bother creating banners, links and all that. You only have to use what has been provided by the merchant. Also, you do not have to handle orders, ship any inventory, or deal with the customer. The merchant handles all that, so you are only focused on promoting the offers to your audience.
Developing a website might seem difficult on the surface. You know that some website development companies cost thousands, 10’s of thousands, or even 100’s of thousands of dollars to build a site. You might also think you need to know a bunch of computer code in order to build a great site. That is nonsense. I personally know a little tiny bit of HTML and CSS, but I’m even using that less and less over time.
High Paying Affiliate Programs Blog – Bill Burniece runs this blog and keeps it up to date with new posts every few days about making the most with online marketing. One of his blog categories focuses on the benefits of targeting the affluent market, but he also gives tips for getting started with affiliate marketing. Burniece’s blog was named the Affiliate Summit’s Top Affiliate Marketing Blog of 2013.
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!