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.
That’s a great tip Sean, thanks! I was thinking about what you said in your post about some companies not putting that they have affiliate links and you having to do some digging and there are couple of companies/authors who made products I love and keep using, but I’m not sure how to go ahead and ask about the affiliate link. I read the post you linked below about asking for guest blogging, which I thought was a must-read, and so, if you think of doing a follow-up on this one, would love to read some of your tips and do’s and don’t about this. Thanks again, Sean, you’re doing some very inspiring work here!
If affiliates don’t make any sales and their reporting system states that a campaign had 100,000 impressions, 10,000 clicks, and 0 leads or sales, then that means the affiliate won’t be paid, nothing more. Affiliates and networks might say to their clients that they can produce 1 billion impressions, which is just jargon. They might not produce any sales at all.
When it comes to having your own tracking platform, there are many to choose from. Some will be hosted on their own platform, while others will give you access to software that you can download and place on your own server. This will allow you to actively monitor and track all ad campaigns directly, while also comparing these stats with your ad network.
Paid advertising is NOT something I recommend for those who are just getting started. With that said, it’s good to have a basic understanding of what is known as PPC or Pay-Per-Click website traffic. In short, you can use services like Google Adwords or Facebook Ads to drive traffic to your site. You pay per website visitor, but you can make a lot of money doing this. Say it costs you $1 to send a visitor to your site, but each visitor on average earns you $2 in affiliate commissions. You, my friend, have a money machine on your hands.
You can also consider Private Labels Rights (PLR) products. PLR products come with article(s) and a license that indicates what you are allowed or not allowed to do with the PLR product. Most of them allow you to make changes to articles and use as your own. This is a great resource for articles for your website. I have used a few, but I generally re-write the article with my own writing style.
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.
Affiliate marketing pulls together marketers who want to advertise and publishers, sometimes called influencers, who want to promote products and services and get paid to do so. Publishers place customized links to things they want to promote within their website or social media content. Then, they get a portion of the sales as a thank you for their promotion.
I absolutely see the value in affiliate sales (and Pay Flynn is one of the masters at doing this authentically and openly), but I got really turned off it when I saw a lot of bloggers I read and respect writing junky “How to set up a blog” posts that didn’t seem relevant to their audiences purely so that the could get the sweet Bluehost commissions in.