Now, truth be told, affiliate marketing does come with some costs. Fortunately, those costs are rather small when compared to starting other businesses. For example, if you want to succeed with affiliate marketing in the same way that I teach it, you’ll need a website. In order to have a website, you need to pay for “website hosting”. If you don’t know what website hosting is, don’t worry, we’ll get to that, but website hosting does cost a few bucks per month (generally under $10 / mo). If you have about $40 for startup costs and about $10 / mo for recurring expenses, this is entirely doable. There are many other optional expenses for affiliate marketing, which I will also get into, but those optional expenses are used more for speeding up the path to success (outsourcing, etc.) rather than a requirement for success. When I first started my affiliate marketing business, I had about $200 to my name.
You can start figuring out your target audience by focusing on reading the reviews in your niche. You can also spend some time on forums and read the comment section on blogs that cover your niche topics. If you notice some unanswered questions emerging over and over again, write them down. Your audience needs them answered, and you can do it for them. Or you can do an online search for best niche blogs and see how they are structured.
Pinterest employs an algorithm to automate the selection of pins users will see in their feed, similar to many social networks like Facebook and LinkedIn. The algorithm uses several factors in its calculations, but the presence of an affiliate link is not one of them. Affiliate pins are treated just the same as pins with regular URLs in both the Pinterest feed and in Pinterest’s search functions. Additionally, if a pinner wants to give an affiliate pin extra visibility, they can promote the pin through Pinterest’s Ads Manager, just like other pins.
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.
Give it all a try yourself: As a hopelessly stubborn person, I understand that sometimes you just want to try things out for yourself. No stress, friend! All these resources will still be around later, so if your gut tells you that it’s not time to buy a course or eBook, don’t force it. Test the waters for yourself and then see later whether or not you need the extra boost.
You may have heard of ClickBank, one of the oldest and most popular affiliate networks. A billion-dollar company, ClickBank specializes in digital products like e-books and software, as well as membership sites. If you are comfortable selling information and don’t want the management and administration hassles of “real” businesses, this may be a good starting point. Its commissions can be anywhere from 10% all the way to 75%.
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.
Offer More than Just Instagram Expertise – Employers will often want all of their social media platforms managed for them. If you can offer social media marketing and management across a range of platforms you will be in much more of a demand. A quick Google search will bring up a range of online courses to help get you started as a social media guru.
Affiliate Marketing Blog – This is the source for affiliate marketing news and opinions from Shawn Collins, a co-founder of Affiliate Summit, the premiere affiliate marketing conference. During his approximately 20 years as an online marketer, Collins has garnered a wealth of valuable industry knowledge that he shares on his blog. Collins also offers a podcast, “This if Affiliate Marketing,” where he interviews guests so listeners can learn about the people of affiliate marketing.
Firstly, pick a topic that you’re interested in that also has a lot of market potential. Think of something that you like, and consider whether there would be many products associated with it, or much of an audience. You can find a topic (or “niche,” as affiliates call it) with a little research. You’ll find lessons to help you with this process in the market research section of Affilorama’s free lessons.
This is like a free graduate level college course every month available just for the reading. And unlike most college professors, these guys and gals are actually earning in the real world. Michelle made well over a million USD last year from mainly affiliate programs,AFTER she paid her running expenses and US taxes. She sure didn't do it by reviewing bicycle pedals 😉
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.
Your domain is the address for your website (e.g., www.affilorama.com) so this is the first thing you will need to do when setting up your site. Considering there are millions of websites on the internet, it's possible that the domain name you want may already be taken by someone else. So make sure you have several options in mind. Be sure to read our advice on how to choose a good domain name.
As search engines have become more prominent, some affiliate marketers have shifted from sending e-mail spam to creating automatically generated web pages that often contain product data feeds provided by merchants. The goal of such web pages is to manipulate the relevancy or prominence of resources indexed by a search engine, also known as spamdexing. Each page can be targeted to a different niche market through the use of specific keywords, with the result being a skewed form of search engine optimization.
Some affiliate marketing offers will pay you a set fee if someone signs up for their monthly subscription service. Some will pay you a set fee for driving new users to signup for an app or service. Either way, the more you know your demographic, the more you will be able to find the best converting affiliate marketing programs to bank serious money.
Use Deep Links – these are pages on your affiliate’s website that AREN’T the homepage. For SiteGround’s hosting I link a lot to their speed technology page as an affiliate link. If you’re doing Amazon’s affiliate program you just want to gather a list of products you will be recommending to readers, create an affiliate link for each one, and import them to the plugin.
Your site has some great FREE content. I love the stuff on affiliate links. Most sites just give very high level info on making money with affiliate links. I even purchased content from another blogger that didn’t have some of the great info you give for free. I have a website but I have a ton of Pinterest followers and about 7K views per mo. so I really want to monetize that. Thank you for your content!
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…
The description you send should include, for example, identification of the websites on which your banner ads are posted, advertising services you are using, screenshots of your Site’s analytics tools that show your Site traffic and its sources, the keywords you are using to drive referrals, any plugins or browser add-ons you use, live links to your Sites, a sequence of links that allows us to duplicate the clicks the majority of your customers make to get to the Amazon Site via your special links, and any other information that would be relevant to confirming the your compliance with the Operating Agreement, which can be found here: https://affiliate-program.amazon.com/gp/associates/agreement.
While the world of Instagram influencers and how we utilize them to market our products is still very young, we have been able to cover several great ways to get the most out of these powerful players within your affiliate program. Good luck with all your affiliate marketing efforts and feel free to email us or comment below with any ideas or questions.
Hi Ally, You don’t need anything like Leadpages or autoresponders to use affiliate links on Pinterest. All you need are to be a part of some affiliate programs and a Pinterest account as I mentioned above! I pay for neither Leadpages nor an autoresponder, I’m not sure why they would be necessary for affiliate marketing? Maybe I have misunderstood. Gemma