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.
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.
Will my target audience realistically spend this amount for the product? Again, your reputation is on the line here. Is the product you are thinking of promoting priced reasonably for your audience? When I was writing my ebook, I was stuck on pricing. I asked around for opinions. A number of people suggested I price my ebook at $47! Their idea was to price according to value, not size. In my mind that was crazy. My network was composed of a lot of stay-at-home bloggers, and my collective audience was comprised mostly of people without a whole lot of disposable income. There was no way anyone was going to pay $47 for my 30-page ebook.
The fact is that most of the bigger companies that offer products and services for affiliates to promote use larger affiliate networks to position their offers. Some of the bigger affiliate networks include ClickBank, CommissionJunction, Rakuten's LinkShare, Impact Radius and countless others. Sometimes, like with the case of Fiverr for example, they run their own affiliate networks so you would apply directly to the company.
Second, you need to nurture your email list. Michelle didn’t even start an email list until she had been blogging for 2-3 years and only began focusing heavily on it last year. Those email subscribers are your loyal followers, your tribe. They are the ones who want what you have to offer and will become your customers when you are ready to sell something, whether that’s through creating a product or through affiliates.
Lets take a minute and clear up some confusion many people have about affiliate marketing Most people confuse affiliate marketing with MLM (multi level marketing) also known as pyramid selling or the ponzi schemes. Ponzi schemes generates returns (money) for older investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors money to pay the older (initial) investors.
If you’re thinking about working with an affiliate marketing network, the world’s most popular marketplace can be a great place to start. We’ll cover how to sign up and start picking and promoting Amazon products, as well as strategies for success—the must-dos and must-don’ts that go into making Amazon a key piece of your affiliate marketing stable.
There are two important links you need to make it easy. The first is the blog posting link which is at the bottom of the posting page of the blog software written as “bookmarklet”. Click on the link while holding down the mouse and drag it up to your Links toolbar on the browser you are using. This makes it possible to use a mouse click to blog a product.
I once persuaded my mum to buy all my Christmas presents using my affiliate links on Amazon, and then found out that Amazon won’t pay out to anyone with the same surname as you (as they assume them to be family; luckily I have an unusual surname!) or anyone who lives at the same address. However one of my friends has ordered through one of my affiliate links and the commission has tracked for that. It’s my ONLY commission, mind. And my account hasn’t been shut down yet (touch wood, fingers crossed etc etc…)
You don’t necessarily have to have a huge site or lots of traffic. Consider emailing an affiliate program’s contact person (look for contact info on the site or in affiliate newsletters) if you send a lot of leads their way, rank well in the search engines for a related keyword or have a high conversion rate. Make your email compelling. Read my tips here. You just have to be a good fit and provide excellent value to the merchant. Another good resource for this is here.
And another big reason? Cost. Most of the big Influencers work solely on a pay-per-post model, where companies have to shell out hundreds of thousands of dollars for a single Instagram post. Sure, maybe you’re Pepsi and you have that sort of spend. But we’re assuming most of you a) don’t want to spend anywhere near that much, and b) want to work with Influencers on a traditional affiliate marketing model (commission on sale). It goes without saying, it’s much more likely that micro-influencers will work on this model.
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%.
As difficult as it may be, it’s important not to get affiliate marketing confused with sponsorships. Affiliate marketing is not a direct endorsement of your brand or content from a company. It’s a simple arrangement that allows you to earn revenue for referring new customers to that company. You aren’t paid unless you refer traffic or new customers to them. This arrangement is often available to anyone regardless of web traffic, social media following or list size, as previously stated.
But I think the biggest deciding factor in this, goes back to the site as a whole and all of the other posts. Are the genuine? Is the blogger constantly trying to push products? I’d like to think I’ve been doing this long enough that my audience knows I’m not out to make a quick buck – and I think even relatively new bloggers can prove this based on their other content.
Amazon affiliate marketing works like other affiliate marketing programs by paying website owners — generally bloggers — commissions on sales that result from marketing Amazon products to their audience. Site owners insert trackable Amazon affiliate links into site content like blog posts and can also insert affiliate ads into site sidebars, headers and footers.
To learn how to start affiliate marketing, you first need to launch a website. Blog platforms are the best choice for affiliate marketers, and the most popular platform is WordPress. If you’re serious about making money through affiliate marketing, you should start on WordPress, plain and simple. It costs you just $2.95 per month with our preferred hosting provider, Bluehost. Enter your website name below to get started:
If you’re scratching your head wondering what affiliate marketing is, no worries! I, too, had never heard of affiliate marketing until about 9 months ago. Now, it’s one of my main sources of income. In a nutshell, affiliate marketing is when you promote the products of other companies to earn a commission on sales. Let’s say you love MAC Cosmetics and run a makeup blog. You can sign up for MAC’s affiliate program and get a unique link you’ll use to promote your favorite foundations, brushes, lipsticks, and so on. If someone purchases some lipsticks through your link, you earn a percentage of the sale. Affiliate commissions typically range between 3%-40%.
I have started looking at affiliate networks and finding products to promote that way. Also going to try to utilize a Youtube channel with promotion, as well as some paid advertising. It all works with the right amount of patience. I do have an Amazon Affiliate account that I can link too, but diversifing and learning to branch out is key. Truthfully I do not think the Amazon associate program is all that newbie friendly.
When a site visitor clicks on one of these links or ads, he or she is sent to Amazon. If they complete a purchase there, the site owner — called the “affiliate” — is paid a percentage of the sale. Amazon affiliate commissions range from 1 percent to 10 percent of the item’s selling price. These percentages are based on the category the item is listed under on Amazon.
Once you get your basic website set up, your affiliates all arranged, and you start producing content that other people might want to see, it’s time to learn how to market yourself so that people will start visiting your site and finding out what you have to offer. If it’s good, word of mouth will bring others to see your website, and that (along with more marketing and SEO) will slowly but surely grow your audience. But to learn more about that, you should read some of the other articles on this site.
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.
Affiliate marketing is something practically every website owner should have a basic understanding of in today’s digital world. Even if you don’t personally use it in your monetization strategy, there may be a time when you want to. This guide to affiliate marketing can get you several steps closer to understanding one of the most popular forms of website monetization online businesses use today.
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.