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.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.
Media reporter Mathew Ingram tweeted, "Not great for media who rely on affiliate revenue[,]" potentially a nod to popular gadget reviews The Wirecutter, which was acquired by The New York Times. Technology journalist Michael Morisy quipped, "Amazon reworks affiliate program, cutting commissions 50% for electronics. Guess they think Jet threat has passed?" in a reference to up-and-coming Amazon rival Jet.com, which sold to Walmart in a deal largely regarded as a failure for the startup.
Now that you’ve got the basics down, we’ll dig into the strategies and tactics that will help you accelerate your affiliate marketing success. We’ll revisit some of the crucial basics, go over the must-dos of affiliate marketing, explore different promotion types, dig into some advanced affiliate marketing strategies, and uncover ways to stay on track when the going gets tough.
What’s your passion? The subject that you talk, write and read about day-in and day-out is a good contender for your passion. It doesn’t have to be overly broad like wine reviews. A sharper focus, say West Coast Wine Reviews, can be a better place to start when learning how to affiliate market. In fact, a narrow focus can help your site appear high in the search engines and stand out in social media, which we’ll get to later. For now, start by listing the topics that interest you, starting with the ones you’re knowledgeable about.
There’s no point in lying about it: it’s not easy to make a lot of money through affiliate marketing. The best way to understand it is to think of it like a small business: you have to start at square one and build your business from the ground up. You have the advantage of not needing a business loan to begin with, and the fact that you can set your own hours for each day and each week, but you’ll need to invest a lot of time and effort into your affiliate marketing business before it will grow.
There are dozens of affiliate marketing programs available which you can sign up with. Therefore, you need to choose the correct niche for you. If you known to trend on Instagram because of fashion, then you should choose a fashion affiliate program. However, if your Instagram followers follow you because of fitness, then you should to go for the fitness affiliate program. In a nutshell, always choose a program which your audience will relate well with.
Yes! You may be confused because affiliate links were effectively banned from Pinterest back in 2015. But on May 12, 2016 Pinterest announced that affiliate links are once again allowed on Pinterest. Pinterest said in part, “In the past, we removed affiliate links from Pinterest because spammers were abusing them. Now that our spam detection system is so much stronger, we’re ready to allow affiliate links again. To make way for these changes, we’re making minor updates to our acceptable use policy. We’ll start rolling out all affiliate networks today and over the coming weeks.”
These add review stars to snippets and increase click-through rates. I have tested many rich snippet plugins over the years and my favorite (and what I use now) is the WP Review Pro Plugin by MyThemeShop (view the demo). It’s fast, looks great (here’s a page I use it on), comes with 16 pre-styled designs, supports user reviews, and is well-supported by the developers at MyThemeShop. I was previously using WP Rich Snippets but the developer abandoned the plugin and hasn’t updated it for 2 years, and All In One Schema lacks customization options.
Ohhh making that first affiliate sale might be the greatest feeling ever, even if it’s 18 cents. Here’s the sad thing though: most networks will have a minimum payout threshold that’s typically $50 or $100, so it may be a LONG time before you see the money. I used to be an affiliate for BlueHost, and after my first sale, I was stoked to see $65 in my affiliate report!! Legitimately, I felt like a millionaire. Unfortunately, BlueHost has a minimum payout of $100, so that money went untouched until I made another sale, but even then…
When you join an Affiliate program and choose the products that you want to sell, sellers provide you with a unique affiliate code that you can use to refer traffic to the target site. Most affiliate programs will offer ready made text links, banners and other forms of creative copies whereby you only have to copy the code and place it on your website to start referring traffic. When interested visitors click on these links from your site they get redirected to the product site and if they purchase a product or subscribe to a service you as the referrer make a commission.
Just like a real-world funnel, a sales funnel acts similarly. It funnels down visitors through several stages before they become buyers. The way Henry explains it, if you're not creating an emotional attachment during each stage of that funnel, then you're largely wasting your time. It has to start from the very beginning, and it has to carry out all the way to beyond the purchase.
This might sound like a given, but it looks better if you can do your own photo shoot in your own style - it goes back to the word of mouth marketing. If you are the one wearing the product or have styled the picture yourself, it is more genuine and more likely to lead to a sale. @victoriama9 is a great example of this - it’s clear in the images that it’s her wearing the outfits and not a photo from the brand.
The idea of making money while you sleep is nothing new. Passive income has been a popular buzzword for the past couple of years. One way to generate such passive income is with affiliate marketing. If you want to earn money but don't have anything to sell, affiliate income comes into play and can leave you making some pretty decent change each month.
That’s because the affiliate program works by setting a browser cookie when someone clicks on an affiliate link and tracks any purchases made at the destination before the cookie expires. After that, the affiliate program pays out a small commission. Thus, it’s possible to make a little money or even make a living off of affiliate marketing, but only if you can convince people to click on your links and buy your affiliate partner’s products.
Think about affiliate link placement in your posts. I can often tell a blogger’s intention is to monetize a post with an affiliate link. However, there will be either a gigantic introduction (lots of words!) or other links (that take the reader away from the post) before the affiliate link shows up once. Eliminate distractions. Put your affiliate link as close to the beginning of a post as works naturally. And of course disclose first.
In 2006, the most active sectors for affiliate marketing were the adult gambling, retail industries and file-sharing services.:149–150 The three sectors expected to experience the greatest growth are the mobile phone, finance, and travel sectors. Soon after these sectors came the entertainment (particularly gaming) and Internet-related services (particularly broadband) sectors. Also several of the affiliate solution providers expect to see increased interest from business-to-business marketers and advertisers in using affiliate marketing as part of their mix.:149–150
1) The images taken from the SiteStrip through the API are very small. For vitamins or small items that can work. But I am talking about large products with details. For large detailed, products this is RIDICULOUS. I used to have 700 pixels products to show the features. The so called large images through Amazon API are 250 pixels! Not only do these look absolutely ludicrous design-wise, they actually make the reviews less appealing, less beneficial for the user and potentially less converting. Everybody knows images are everything.
According to Forester, Instagram has the highest engagement rate of the many social media platforms. This is precisely why affiliate Instagram marketing via Influencer (aka Influencer Marketing) has become a one billion dollar industry today, and the entire Influencer Marketing segment overall is predicted to become a ten billion dollar industry by 2020.
Alex Genadinik has taught over 100,000 students online, is a 3 time best selling Amazon author and host of a popular business channel on YouTube. Through this course, he wants to teach you strategies for generating residual passive income by setting up your home business. He will also teach you how to find profitable niches and products on Amazon, Clickbank and other platforms.
A sound product strategy is a must for new affiliate marketers. Ideally, you should choose a niche that you can make money online with and has a lot of product vendors. This will give you a wide selection of products to offer your online community. However, limit yourself to two or three products at a time, so that you become the expert others turn to and trust when reaching for their wallet.
The top Influencers may balk at this payment model since they are used to pay-per-post. But again, it’s much more likely that micro-influencers will be open to this model. And to sweeten the pot, you should offer an initial “signing bonus” of free products for them to have, and also a higher commission rate unique for these affiliate Influencers. If your usual commission rate is 10–20% for the average influencer, consider going as high as 50%. Even if the ROI isn’t quite 11X, but say 5X, it’s still well worth the commission costs.
This is one of the best ways for influencers to get their traffic to convert to sales. If your Instagram is full of beautiful lifestyle images, that people are curious about, then by letting them know they can shop these items is key. @sheshopped has done this on her Instagram and the page on her website has all of her shoppable Instagram photos, and when you click on one, you are given some information on it, and you can click through to the store.
Long-Tail Keywords – specific keywords usually with 3-7 individual words in a phrase. They are highly targeted and MUCH easier to rank for than broad keywords (all mine are long-tail). The lower your domain authority (check using OSE), the less competitive (more long-tail) your keywords should be. If you can get more specific and the keyword still shows up in Google Autocomplete, Moz Keyword Explorer and other keyword tools… choose the SPECIFIC one.
(For the newbies) – A “cookie” is a tracking method. If a company has a 60-day cookie, it means that if I click on your affiliate link and go to that site but don't purchase anything during that visit, I can go to that website directly (without using your link again) and if I make a purchase within 60 days, it will credit to you. This cookie is only good on the device I initially use your link on. So if I first click through your link on my phone, but then go home and visit the website directly from my computer, the cookie isn't tracking it because the cookie was on my phone.
Individual sellers and companies offering products or services have to deal with their consumers and ensure they are satisfied with what they have purchased. Thanks to the affiliate marketing structure, you’ll never have to be concerned with customer support or customer satisfaction. The entire job of the affiliate marketer is to link the seller with the consumer. The seller deals with any consumer complaints after you receive your commission from the sale.
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!
In early May, Pinterest lifted its ban on affiliate links in pins—huge news for publishers and advertisers alike. Pinterest emerged as an online destination for consumers looking for new trends and products since its creation in 2010, and with over 100 million monthly active users and worldwide reach, it represents a massive opportunity for players in the affiliate space.
Cost per click was more common in the early days of affiliate marketing but has diminished in use over time due to click fraud issues very similar to the click fraud issues modern search engines are facing today. Contextual advertising programs are not considered in the statistic pertaining to the diminished use of cost per click, as it is uncertain if contextual advertising can be considered affiliate marketing.
Hi Kate, on Pinterest, you can add the affiliate URL when you create the new pin on your account. If you already have the pin made and want to add the affiliate link, you can just “edit” the pin and change the URL. Hope that makes sense. In the book, Elise has a step by step tutorial with photos on how to add the URL to Pinterest in case you need more help.