Of particular interest to infopreneurs on the internet are digital information products, information products that are sold in digital format of some sort. As opposed to hardcover or softcover books, CDs, manuals or reports, an infopreneur can deliver these items as PDF files, audio files, streaming video and other emerging media. This substantially reduces delivery and transportation costs for businesses and gives customers immediate access to highly coveted information.
Finally, and most importantly, remember that your affiliate business from home is like any other business. Meaning there will be taxes, routine work tasks, and some accounting work. So if you are looking to start an affiliate business from home, it’s also important to brush up on the basics of running a small business. Even though the overhead is low compared to a brick and mortar business, it’s easy to overlook the realities of running a business. At some point, you may find that one day you’ll have to hire people, find new avenues for profit, determine the best tax status, and all the other things any other traditional small business will do as they grow. So it’s a great idea to also learn the basics of running a small business while you build your affiliate business from home.
Split testing is a no-brainer, but it’s something many affiliate marketers still forget or neglect to do. The concept here is simple… if you have a generic landing page or offer you want to promote, you might start by testing that offer to the masses. Once you get some stats and traffic flowing through your offer, it would be a good idea to test a different landing page or offer with that same audience.
Make a content plan - Once you’ve scoped out your niche and have the keywords you know you want to target, build out a detailed content plan. This needs to cover both on-site content, and content you want to publish. Aim for 3 posts a week. Look at your competitors, and make your content is better. They wrote about the 10 best guitars in 2017? You write about the 20 best.
While a part of affiliate marketing is a numbers game (how big is your list, how much traffic do you get, what is your social media presence) the best way to increase these numbers is to provide quality content. Always remember to put your best foot forward in everything that you do, from your blog posts to your newsletter content, to your social media interactions. When you take time to focus on quality and building the relationships – the numbers will follow.
The topic you choose must have enough depth that you can create a lot of content for it. This is important for building an authoritative site, for search engine optimization, and most importantly, for the end user. If you don't have enough content about a topic, you're not going to be taken very seriously as an authority on the topic and it's unlikely you can convince someone to make a purchase from you.
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.
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.
Once you’ve chosen your interest and you’ve create a website where you can write about it, the next step is to pick out the affiliate programs that will advertise on your site. It’s tough to start affiliate marketing without a monetization plan! With over a million products and services to pick from, you’re bound to find something related to your interests, so feel free to go crazy with ideas like underwater basket weaving and scuba lessons if your interests lie with the ocean, or organic food and organic conditioners if you prefer to discuss how to stay beautiful with only organic plant extracts.
This sounds like a simple enough task, but I cannot recommend it more when you are looking to run an affiliate business from home. Setting up a home office gives you the space to differentiate from your home life and your work life. If you have a spare room to turn into an office, great, but even if you live in a small apartment, or in my case a small RV, pick a quiet corner, a special table or desk, or any area that can be used to establish the routine of running your business. Also, make sure that your household members understand that when you are in your workspace, you are at work and are not to be disturbed. This includes your pets, who, believe me, can be the biggest distractions in the house. Running an affiliate business from home can come with the pitfalls of distraction, from that pile of unwashed laundry to your children playing loudly. So make sure that you establish clear boundaries so you can work and really build your business.
REBILLS – Rebills can be a wide range of products across many verticals, both tangible products and services/information. The basic principle is a repeating charge to the customer. The billing cycle often starts with a free trial membership and then recurs at a set rate every 30 days, for example. Any type of subscription would fall into this category.
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!