Amazing and thorough breakdown of how it all works! Thank you so much for sharing! a group of 3 friends myself + 2 are about to start affiliate marketing together. Since many advertising rules have changed with affiliate marketing (facebook ads etc.) and many articles have not been updated since, weʻd love any advice or suggestions you have for 2018!
When you visit an affiliate company, you’ll be able to choose between a free plan or one that comes with a monthly cost. The premium membership comes with more support, more websites, and a stronger connection to the affiliate marketing community, but if you’re at the point where you’re just dipping your toe in the water to see what it’s like, the free membership option comes with some support for the first week and enough freedom and tools to quickly create a basic website and get going.
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!
Love these tips! I have also been dabbling in affiliate marketing more myself as I’ve seen first-hand that the income potential can actually be far greater than what you can get from any of the ad networks. I also prefer pay per lead … for me, the banner ads don’t seem to convert very well. I think a lot of people just automatically turn the blinders on when they see banners on websites. But I have found that trying something out yourself and then writing a fair and balanced review of the product and/or service works quite well for getting conversions so I’ve been focusing most of my efforts there.
I think there are a couple main reasons why the research aspect is so overlooked in affiliate marketing. The first reason is, people are just lazy. Most new affiliate marketers are only thinking about making money in the shortest period of time, so they simply choose a niche and build a site in their first day. Then, months go by with little to no website traffic and they proclaim that affiliate marketing no longer works. Considering affiliate marketing is a multi-billion dollar per year industry driving about 20% of all online sales, that of course isn’t true. Most people just don’t do the research necessary to truly find a profitable niche that is in demand without too much competition.