Think of it this way – if you were about to open a restaurant, wouldn’t you do some research before quitting your day job and investing hundreds of thousands of dollars into it? Of course you would! You would research the best location, the best type of food to serve, how much you’ll have to pay employees, where you’ll source ingredients from, what type of tables and furniture to use, the best ovens and equipment for the kitchen, and all sorts of stuff. If you just “wing it” and open a restaurant without doing any research first, you’ll most likely fail. While affiliate marketing can be started part-time and without much capital, the same holds true. If you don’t research and plan, you will fail.
Win-win-win. The advertiser wins because they only pay when a purchase is made (as opposed to the shotgun approach of paying to advertise to the masses and waiting for a small percentage to actually buy). The affiliate wins because they make money while providing helpful advice. The customer wins because they get a trusted recommendation for something they might not otherwise have known about.
Will my target audience realistically spend this amount for the product? Again, your reputation is on the line here. Is the product you are thinking of promoting priced reasonably for your audience? When I was writing my ebook, I was stuck on pricing. I asked around for opinions. A number of people suggested I price my ebook at $47! Their idea was to price according to value, not size. In my mind that was crazy. My network was composed of a lot of stay-at-home bloggers, and my collective audience was comprised mostly of people without a whole lot of disposable income. There was no way anyone was going to pay $47 for my 30-page ebook.
Yes is the short answer. Any time you are planing on generating money, you should have a plan. No plan means no real focus. There may be some 1/1000 percent of a chance you will succeed, but I haven't met them yet. If you have already started and have generated an income, record how. Doing so will give you material for use in expanding your business faster.
Again i would like to state this book, being as amazing as it is, i personally believe is best for one starting out in the space and looking to understand all possible options one has in going into the field. More experienced affiliate markets will have less to be able to gain from this information as it is more targeted towards learning about what exactly affiliate marketing is, how to begin and how the whole process works, what one should be affiliating, websites where one can join affiliate programs, how to obtain your own customers you can affiliate for, how to build your traffic, and what parts of your website you need to give good attention to.
The site owner actually had a telephone conversation with an Amazon account manager who said that, if the email service provider was located in certain states and the emails went from there, it was fine to use them in emails…so we continued. Bookbub still do it I believe, although they have a shit-ton of subscribers so maybe have some special deal.
Most affiliate marketers choose a WordPress blog as the platform for their website because it’s very low cost and offers unmatched content creation possibilities. The WordPress platform is free — your only out-of-pocket cost of having a WordPress site is hosting. This runs just $2.95 per month with our preferred hosting provider, Bluehost, plus you get to test it out with its 30-day trial. You also get a free domain name, which is your website address and a free business email to make it all official.
In addition, you should always know who you’re getting your information from. There are far too many “guru’s” out there who really have no idea what they are talking about. When you sign up for your free account, you’ll be learning directly from Mark Ling and Simon Slade who are both affiliate marketing MILLIONAIRES. They’ve also helped to hand select some other successful affiliate marketers for their training videos. About a year ago, I had my own free training videos right here on this site, but I realized after a while that I just can’t create the type of quality training that Mark Ling and his crew have already put together and continuously update.
Always disclose your affiliate relationship. Most visitors will probably understand that graphic ads will lead to your getting paid, but if you write a review or use an in-text link as a recommendation, you want your readers to know that may lead to compensation as well. This ensures you retain transparency and trust with your readers, but also, it's required by the FTC's endorsement rules.
Understanding reports and analytics, especially Google Analytics data, can take some time, but there is help available. Fiverr is home to budget-friendly freelancers that can help you set up, track and understand Google Analytics reports so you can start using this data from day one. In fact, Fiverr’s pros can help you build your affiliate WordPress site, populate it with the content your readers want and even help you effectively monetize it with Amazon affiliate links.
On one hand, long and ugly affiliate tracking links are a straight giveaway to people that you want to sell them a product (and people may be uncomfortable clicking on them). Therefore, making your link shorter and "nicer" looking will it give a more professional appearance. One of my favorite plugins for making links look "pretty" is the Pretty Links WordPress plugin.
Formaro tells budding bloggers that “it can take a while to build up enough traffic to get people clicking your links, and then they still have to buy once they land on Amazon. But don’t get discouraged,” advises Formaro. “Keep creating and sharing content, and insert Amazon affiliate links for relevant and helpful products into your posts, and the sales will follow.”
If you’re thinking about working with an affiliate marketing network, the world’s most popular marketplace can be a great place to start. We’ll cover how to sign up and start picking and promoting Amazon products, as well as strategies for success—the must-dos and must-don’ts that go into making Amazon a key piece of your affiliate marketing stable.
URL masking: Often, you’ll find that affiliate links are a real, million character eyesore. It’s likely that your links will look like Merchant.com/dlfjlfjlfjdskljdfgimmeallyourmoneyalajdlkaf2131032klfjfdjldsjf. And let’s be honest, few people are going to want to click on that. URL masking is therefore when you create a prettier, cleaner “vanity URL” that makes your links more clickable. Some people use bit.ly, which has tracking purposes, or the WordPress Plugin Pretty Link.
Great post, Sean! I have been using Adsense for the most part for two years now and each year, due to great content, my income has doubled. Thanks for all the great content, and this is sure to open my eyes a bit more to the likes of Amazon, which, I will admit, I have been ignoring due to the way they treat their affiliates. But, maybe it’s just me being a turd….
You’re absolutely right about that time. Never give up. Content marketing is a hard job but you got to look at it like this. The internet and side hustles are here to stay. It goes Way Beyond making money online. We both know there’s no more traditional job security in America today. These narcissist employers are nothing nice. They will hire you 1 minute. Harass you on the job. Steal your commissions and laugh at you behind your back while you continually work hard and put more money in their pocket, then try to enslave you into making more money for them and continually disrespect you to your face. This is the Ironclad indicated it’s time to walk away and start your own business online by working part time on your side hustle weather to Philly at marketing, blogging, or selling your own product service online. There’s billions of dollars to be made in the affiliate marketing industry. With that said, it’s a good thing to know the side hustle is here to stay to those who dedicate themselves to creating quality content on blogs and websites and taking a side hustle to the public nightstep. Agree? :-)
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.
Great article as it gets me thinking about the various ways to monetize my sites. With that said, my biggest hurdle has been how to get started building traffic. You see articles all over the net talking about massive traffic techniques, but I’ve never really found a guide for a fresh blog/website and how to get to their first 100, 500, or 1,000 daily uniques. Of course writing consistent quality content is key, but writing alone an audience does not make. Any tips or articles to point us to? Thanks again Sean!
Is the space crowded? The exercise to spot influencers will help you judge how crowded your topic is. Some competition is fine, don’t let a few influencers with heavy followings discourage you. It’s highly unlikely you’ll stumble upon a topic that doesn’t have competition. However, if you see page after page of blogs in the search results, you’ll have a hard time breaking into the top search results, which can hamper your efforts and your profits.
Pick a Niche – When businesses look for influencers to promote their products, they want someone who has a following made up of people in their niche. Popular niches on Instagram include fashion, health, and fitness, travel and cookery, to name a few. Choose a niche that is relevant to your lifestyle and then post images, and build your audience around this subject. You will then become a valuable influencer to businesses in your particular industry.
Writing blog posts (such as reviews, tutorials, and product comparisons) is a great affiliate marketing strategy. But it can be time-consuming. What if I told you there was a quicker way? You can use affiliate links on Pinterest to promote your affiliate products. When I started doing that, my affiliate income climbed faster. Today, I’ll go over how to create affiliate pins and upload them to Pinterest. And the best part? You don’t even need to be a blogger to do this!
Many successful affiliate marketers have a basic 2-page website and an email marketing system that does their affiliate promotions on autopilot to make passive income. One page is a landing page that promotes a lead magnet to entice people to subscribe the email. Once subscribed, the visitor is sent to the second page, that often has information about an affiliate product.
This is fascinating to me….. never, ever, ever in a million years would I have thought I’d even *consider* starting a blog but in recent years I have also dreamt of staying home with my kids (I’m also a nurse!!) AND being financially set (and then some?!). The problem is that this whole concept is so foreign and terrifying to me. This post is awesome and seems to have an incredible amount of step by steps instructions. But, I do have a few questions. What was your (or a realistic) timeline from when you very first started your blog to when you could financially do that as your “real job”? And now that you’re established I understand you have passive income but what does your schedule look like? How much time do you have with your kids? I picture having to be at the computer for 6 hours a day?!?! I just wish I could actually see what someone like you does to create your posts and “work” 😉. Thank you, and I’m sorry this comment was so long!!