Awesome article! This is jam packed with great info. I am just starting a personal finance blog with my fiance and we were a little confused about how to start monetizing. We were initially thinking about using Google AdSense but between this post and another blog I read I am surely convinced that’s not the correct route. I’m really happy you have shared this information because it’s provided an excellent starting point for creating income.
Myth #4: You can make money quick with affiliate marketing. It’s true, you can get set up as an affiliate marketer in little time, but if you want to make good money as an affiliate marketer it’s going to take a while to build the relationships necessary to sustain it. Trust is a huge factor in successful affiliate marketing and trust takes time to earn.
James Goodwillie of the blog One To Multi agrees. “I’ve been an Amazon Associate from day one, and it’s the number-one way I monetize my content. I’ve found that things like big sections of product image links are too much and scare away users,” says Goodwillie. “Adding affiliate links for product pictures or any text where I mention the product is the method that works the best for my site.”
Engage with your followers: You cannot expect all interaction to come directly to you. Make time every single day to engage with your followers or anyone involved in your industry by commenting on and liking images. If you communicate with authentic content, people will be drawn to check out your account and, hopefully, join your loyal rank of followers.
Plus, if the shopper leaves Amazon’s site without purchasing, but returns and completes a purchase within 24 hours, you earn commissions on anything the shopper purchases. In fact, if the shopper adds items to his or her Amazon cart within that 24-hour timeframe, but leaves without purchasing, all is not lost. If he or she returns and completes the purchase within 90 days — without clearing the cart and starting over, that is — you can still earn that commission.
Don’t set a goal to write 3 blog posts a day… set a goal to write 1 blog post a week and make that post super helpful, long, and filled with information that is so valuable you will say “yeah, people will link to that.” 90% of my traffic/affiliate income comes from just 20 tutorials, many of which are 5+ years old. But I am constantly updating them to make the content better.
You Don’t Need To Track Affiliate Links To Improve Conversions – you will always hear people telling you to track affiliate links. But for me, I generally use the same content about SiteGround on all my speed optimization articles… it is very important it converts well. Change your approach on how you recommend your affiliate product (it’s perfecting your sales pitch).
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
Be sure to check what kind of customer support you can expect from your affiliate program once you have signed up. Do your research online and if possible, speak to other sellers using the program to get their thoughts. Can you speak to someone via phone or Skype or do you have to wait 72 hours for email responses? Be clear on this because trust me, you will need support at one point or another.
I whipped up a quick video walking you through how I personally use Tailwind for Instagram Affiliate Marketing. In it, you’ll see a snapshot of my current dashboard, how I schedule posts with Tailwind and Apps4Life (a free tool that allows you to create captions with line breaks). Plus, I go into depth on how to use Hashtag Finder 2.0, which is simply the best.
Thanks for the list. Its frustrating to get approved to some affiliate networks. Here’s another affiliate program you can add to the list. It’s a PLR membership site. You get paid even if your customer signs up only for free trial. If they pay, you get 20-50%. To be honest, I earn more from the Free trial signups than the paid ones. Join here – http://marketingboo.com/joinplraffiliate/
There are millions of products you can recommend and review. And as of June 2018, almost 60% of Amazon customers in the United States are also Amazon Prime members. That means more than half of American households buy items regularly from Amazon.So how do you make money with your blog using the Amazon affiliate program? Like The Office’s Michael Scott would say, “Why don't you explain this to me like I'm five.”
Instead, he focused solely on one platform. When that platform fizzled out, he lost his foundation and his footing as an affiliate marketer. He was unable to reach the people who had once been visiting his website because he was now nowhere to be found. Had he diversified, he wouldn't have gone through the massive pain related to that ranking change.
Pin To Profits costs $47, which I think is very reasonable for the information and strategies you learn. Since implementing McKinzie’s pin design strategies, my click-through rates have skyrocketed. In fact, my affiliate pins for the Pin To Profits – Affiliate Marketing course have gotten over 1,000 clicks in a month! Here are my total and unique clicks, according to the Pretty Links plugin.
The products and services you will be promoting to your audience must be relevant and good quality. Make sure you believe in them and know everything about them, because this will be crucial to you delivering the sales pitch to your audience. You need to build trust with your audience so make sure the products and services you choose to promote are trustworthy enough.
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.
Hayes says a few plug-ins are closely vetted and offer reliable options for bloggers that need advanced design and linking features. “AAWP is by far the most useful and trusted plug-in we have worked with,” says Hayes. “It adds a lot of versatility to our articles and gives us a range of dynamic design options improving the visual design and bolstering the trustworthiness of our reviews.”
Don’t go insane and join a million at once… think first about what would make sense for you to endorse. If you’re a travel blogger for instance, becoming an affiliate for hotels, tours and travel gear may be appropriate. Most companies will have an affiliate program, or be part of an affiliate network. Your best bet would be a quick Google: “company + affiliate program”.
A Direct Message on Instagram is only slightly better. It can get lost in the mix of other DMs, and it’s often a crap shoot as to whether they will even read it since if they don’t follow you on Instagram, your DM will show up as a “message request” in their inbox. These are often just ignored. However, Influencers on the micro-level are more likely to check these DMs so for those with smaller followings, it’s worth a shot.
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.
Today, Henry is one of the foremost affiliate marketers, winning contests and awards (he even recently won a Lamborghini in a ClickFunnels affiliate marketing contest) at nearly every turn. And he's built up a devoted tribe that is so emotionally attached to him and his message that it's reached a mass-hysteria level that I would only liken to a internet celebrity, earning him upwards of three-hundred-thousand dollars per month on autopilot.
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.
The following stats speak volumes. As much as 8 mln business profiles and over 1 mln advertisers are currently registered with Instagram. Businesses take the solution seriously as it has one of the highest engagement rates among the social platforms. It outranks Twitter, LinkedIn, Snapchat and any other popular social networks, ranking #2 right below Facebook. With that said, if you want to keep up with the pace of the times you should harness the power of Instagram marketing, the sooner the better.
Always make affiliate links nofollow. Google’s goal is to provide its users with the best possible search results to their search queries. One of the main ways they figure out which webpages are the best is through links. The Google bots crawl the web, reading text. When they come to a link, it’s like an open door. They follow the link (walk through the door) and explore the site you linked to.
Do your due diligence and research your potential partner. Do any red flags pop up when you Google their name? Is there bad buzz around them in their specific niche? Do they play well with other Influencers and/or brands? This is important because the minute you attach your brand to a bad Influencer, it may take a long time for your reputation to recover.
Finding a WordPress theme for your site is one of the fun parts of launching an affiliate marketing business. Themes drive the look and functionality of your website and, with WordPress, it’s easy to try out different themes until you find the perfect design for your site. There are plenty of themes to choose from and many are free. Find out more about using themes in our WordPress themes guide and check out Envato Market and MyThemeShop for great-looking themes — including many free options.
**NOTE: If paying for a monthly pin scheduler isn’t for you, then my friend, are going to want to take a look at this! Carly, founder of “Mommy on Purpose” and author of Pinteresting Strategies eBook, walks you through how she gets over 200k views a month though Pinterest and thousand of dollars in revenue, without using a Pin scheduler. Yes, you read that correctly. She teaches you her incredible successful manual pinning method in this book along with other great tips and strategies. Check it out for yourself, here.