This next one is a short one, but it’s a big one. As you probably know (and have experienced!), the holiday season is a huge shopping period—which means it’s also potentially a great time for affiliate sales. The lead-up to the holiday shopping period is an important time to promote your affiliate links, so you might want to think about doubling down on your promotional efforts in the fall.
There are many ways to make money blogging, but generating revenue as a new blogger can be difficult despite this. You’ve heard of the thousands upon thousands of dollars other bloggers have generated from ebook and course sales, but you’re having trouble keeping up with a consistent publishing schedule let alone finding the time or resources to complete an ebook or course. That’s why affiliate marketing is such a popular option for new and growing blogs.
The problem with affiliate marketing, like many other home business options, are the so-called gurus and get-rich-quick programs that suggest affiliate marketing can be done fast and with little effort. Odds are you've read claims of affiliate marketing programs that say you can make hundreds of thousands of dollars a month doing almost nothing ("Three clicks to rich!"). Or, they suggest you can set up your affiliate site, and then forget it, except to check your bank deposits.
Translation: Don’t lie about the Amazon products you’re promoting. This seems pretty obvious, but this also means not overpromising or misrepresenting the products you’re promoting, even in a small way. (For instance, don’t say the camera you’re promoting has 20 megapixels when it really only has 15.) Now, of course innocent mistakes and typos can still happen to anyone, so double-check everything you write about the products you’re promoting to make sure it’s accurate.
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.
You create an account with one (or both) of these services and provide information about your business as well as your payment information so you can receive payouts for commissions. Once you’re all set up, you can browse each service’s advertiser library and apply for various affiliate programs. You can see the dashboard displays the commission rates each advertiser offers. Payment is handled by the service themselves, so you won’t need to send and keep track of invoices.
Plus, leverage Instagram Stories, as they are known to be an effective business tool. They allow placing the links of the promoted products on a video. If a customer taps on the affiliate link, they will be redirected to the advertiser’s website where the products are available to buy. Don’t forget to add the location and hashtag stickers to raise the discoverability of your Instagram Stories.
Shopping on Instagram allows brands to add shoppable tags to their images. As you can see from the image above, these tags contain a product’s name and price. However, if Instagrammers click on a tag, extra information about this product will be displayed on their screen. Importantly, and super excitingly for eCommerce stores, a View on Website call to action button will also be displayed with the extra product info. This button will link directly to the product page on the brand’s online shop.
We’ve compiled a review list of some of the most useful, informative and resourceful courses and training on the subject available. Enrolling yourself for one or more in 2018 could help you add skills and knowledge to your CV and grow in your career. Most importantly, it will make you future ready. (The list has been updated to as per changing trends)
Amazon Associates – Signing up with Amazon Associates is a great platform for those new to affiliate marketing. Amazon Associates is Amazon’s affiliate marketing program and will give you access to millions of products that you can advertise to your audience. Quick and easy to sign up with, Amazon will give you up to 10% of every referral sale that is made.
Hey, thanks for the great post. I’ve been following Pat Flynn and love his “give and it shall be given unto you” attitude..my perception anyway. At 50, with a high school education, I’m trying to learn affiliate marketing from information online. What I’ve gleened so far is to focus on giving the best, most honest information, like your Parents would give you. In exchange for your efforts rewards will come.
Travel blogger @Anna Everywhere has an Instagram full of stunning photo shoots in amazing locations around the world. She is incredibly stylish, and many people send her messages asking where she buys her clothes, so to help with that - even though this is not the focus point of the picture, she will include a link to the product below the image. The image below is from Waikiki, and she mentions her bikini after everything she has to say about the location. She also doesn’t link to products in every single post that she does.
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