The takeaway from Step Two is this: Step Two is an ongoing process. As you learn how to start affiliate marketing, you’ll spend a good portion of your time searching for target partners, signing up for programs and learning how it all works. As you become established, you’ll continue this process to curate new products and services to promote and connect to your content.
On Instagram, hashtags are your best friend. They’ll put your post in front of thousands more people. That will earn you more followers, and, hopefully, more sales. Make sure you add relevant hashtags to all posts promoting the product or service. Going back to our health food blogger example, she might add hashtags like #healthyliving and #cleaneating to her affiliate posts.
The General Data Protection Regulation (GDPR), which took effect on May 25, 2018, is a set of regulations governing the use of personal data across the EU. This is forcing some affiliates to obtain user data through opt-in consent (updated privacy policies and cookie notices), even if they are not located in the European Union. This new regulation should also remind you to follow FTC guidelines and clearly disclose that you receive affiliate commissions from your recommendations.
For example, if I talk about how cool a product is, and then you find out that I’m an affiliate for them, wouldn’t you as a conscientious observer become skeptical as to whether my information is biased, if perhaps I’m only saying how cool something is because I can get paid for it? Wouldn’t that make you question my integrity with other things I say as well?
I am so delighted to have my friend Tasha from Designer Trapped in a Lawyer’s Body here today to talk a little bit about blogging strategy– and more specifically, monetizing your blog! Tasha is my go-to source any time I have questions about using affiliate sales as an income stream for my site, and I know you will find the information she has to share incredibly helpful as well. I’ll let her take it from here!
We already touched base on this, but we’ll mention it again. Affiliate marketing is one of the most important sources of income you can use because it’s accessible to almost anyone and is so effective when it comes to generating revenue. You don’t need tons of traffic or a strong social media presence to get started. You only need great, high-quality content as well as products and services to promote.
If you haven’t already checked out my NEW free Wolf Millionaire Webinar I suggest you take the time to join and watch it. I outline and explain all the different ways you can make money using Instagram. Almost all of them DON’T require you to have a business, product or service in order to make money! At the end of my webinar I will send you a link to my updated FREE 35 Page Instagram guide.
What you should do is consider products and services that would help your readers the most and pass over the trust you have in those companies. Consider the products and services you already use in your niche, and see if they have affiliate programs by searching for “[product/service name] affiliate program” or search for it on their websites by adding “/?s=affiliate program” to the end of their URLs.
Hi, I'm McKinzie! I'm a mommy of two, married to my sweetheart and a finance junkie. I love teaching other moms how to save money, make money and take control of their financial situation. In college, I double majored in Financial Planning and Psychology because I love all things money and people. You may have seen me in publications like Forbes, The Penny Hoarder, Tailwind & more.