Great article. Great resources. I do find it quite odd that people will reject sellers. As an affiliate marketer and new blogger myself, this is extremely frustrating. Now, I know there could exist a reason for rejection, especially within marketplaces, however, I haven’t the faintest idea why they would off the bat. I have heard it reduces epc’s (earnings per click), but, I don’t get why people care about this other than for some contests internally. Which in my opinion hurts less than refusing essentially free eyeballs on your products.
Hi Peter, I personally have never tried promoted pins on Pinterest but it’s on my to-do list. I’ve heard mixed reviews (they made some changes back in June or July on ads that seem to favour bigger companies). I have heard however that if you promote a pin, your whole account gets a bit of a lift. I would definitely recommend giving it a go with a small dollar amount to see if it works, I think I will try too and will report back!
Maybe, maybe not. Some of those commission rates still flirt with the industry benchmark for their respective categories, but when you consider that the commission rates used to be standardized across the entire site on a tiered commission structure (the more you sold, the higher commission “tier” you could unlock), some people’s businesses got completely shellacked by this change.
First, you should feel free to pin relevant affiliate content to your EXISTING personal boards that are filled with mostly substantive content from other blogs. For example, I will pin a beautiful rug from Target to my personal board called “Rugs and Windows.” That board contains mostly DIY tutorials from other bloggers, but certainly the people who follow it are interested in rugs and window treatments, so they will likely also be interested in rugs that are available for purchase.
Let’s take a look at a real-life example. I’ll show you how I did keyword research to promote my affiliate pin for the Pin To Profits – Affiliate Marketing Course. The course teaches beginners how to make money on Pinterest using affiliate links. Before I put myself in my audience’s shoes, I make a note of the key information about the course that I need to convey.
With all of this in mind, you also need to understand that affiliate marketing is not some get-rich-quick system. It’s a business. A real marketing business that will take some time to grow. All of the resources you need in order to succeed are listed above, but don’t expect overnight success. Give it a good 6 to 12 months and about 10 to 15 hours per week working on your business. If you do that, by this time next year, you should be an affiliate marketer yourself, at the very least making a nice secondary income. If not, in a year from now, you’ll be exactly where you are right now. Focus on the long-term and keep going with sustained effort. Of course, I’m always available as well if you ever want to contact me. I never charge a dime. 🙂
Make people care about you. You have to get them emotionally invested in you before you can sell them anything. In fact, Henry says that you should never try to sell something right away, at least not until people become fully vested in you and your personal journey. Russell Brunson calls this your Attractive Character. This is what's allowed both Henry and Brunson to achieve wildly-outlandish incomes from their affiliate marketing efforts.
Totally agree with your opinion on affiliate marketing. I’m in the same space myself and can tell you what it feels like to earn $1000 commissions while literally sitting on the sofa watching TV. It is absolutely mind-blowing. High-ticket commissions are what sets apart the affiliate marketers that scale their business up to six or even seven figures to the ones that only make a few thousand a month. I run a website based on digital marketing an entrepreneurship. You should check out our affiliate program – it is guaranteed to blow your mind. 🙂
Myth #4: You can make money quick with affiliate marketing. It’s true, you can get set up as an affiliate marketer in little time, but if you want to make good money as an affiliate marketer it’s going to take a while to build the relationships necessary to sustain it. Trust is a huge factor in successful affiliate marketing and trust takes time to earn.
As a fully engaged working professional, it is hard to find a side job that fits with the demands of your current business or organization but also has potential to become a sustainable, full-time endeavor. With affiliate marketing, the process of promoting another person’s or company’s products, you can earn commission and bring home a little extra income using dedication and hard work.
I hated Math way back in primary school until college. But I did't realize that it is the most important subject I should learn because I'll be using it for the rest of my life. I read this book just in time that I was thinking of what to do with my life. I don't wanna work because I don't want to have a boss. I want to be "The" Boss. I should say this book really helped me a lot in gaining confidence that I can do business on my own. If it won't succeed, at least it's worth the shot.
Do you remember when I said Pat Flynn earns almost twice as much as he usually does through affiliate revenue at times? This is why. What Adobe is informing you of here is that they’ll allow you to promote their products with discounts from time to time. “Regular” means discounts offered regardless if your reader uses your affiliate link or not. “Exclusive” means your reader must use your affiliate link to receive a discount.
Very useful info, and thanks for the heads-up about Etsy not allowing affiliate links on Pinterest! Have you ever tried advertising on Pinterest, i.e. paying Pinterest to promote your pins? I was wondering if that could be lucrative with affiliate marketing, where the margins are always lower than when you have your own product to sell. I’m also wondering if it would be lucrative to advertise on Google, Facebook and Youtube (found this guy who supposedly made a lot of money that way – https://moneytestimonials.com/crestani-free-webinar/ ). I’ll probably do my own experiments with this but if you have experience in this area I’d be very interested to hear about it!