After reading all the benefits of affiliate marketing if you think you will be rich over night by selling affiliate products online then you are wrong. Affiliate marketing is definitely an excellent way to make money online but it’s highly competitive too. In order to be successful in Affiliate marketing you need to know the market needs, learn how to promote products, what works and what doesn’t. The following are a few tricks on becoming successful in affiliate marketing that I have learnt over time.
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. The two forms of marketing are differentiated, however, in how they drive sales, where affiliate marketing relies purely on financial motivations, while referral marketing relies more on trust and personal relationships.
Since Instagram started in 2010, influencers have flocked to the platform to increase their audience, traffic, followers and engagement. With 29% of Instagram’s top posts coming from influencers or brand ambassadors, they are dominating the game when it comes to user generated content, and with statistics showing that Instagram has over 700 million monthly users it is now over twice the size of twitter. This isn’t something that should be ignored, especially for brands when they are looking at Instagram affiliate marketing strategies.
On Instagram, hashtags are your best friend. They’ll put your post in front of thousands more people. That will earn you more followers, and, hopefully, more sales. Make sure you add relevant hashtags to all posts promoting the product or service. Going back to our health food blogger example, she might add hashtags like #healthyliving and #cleaneating to her affiliate posts.
Hayes advises, “when you’re getting started, I would highly recommend sticking to review articles, particularly roundup reviews. These are a great way ease yourself into the content creation process. During the research process, you will get a deep understanding of your audience and the types of problems they’re trying to resolve by visiting your site.”
Great post , I do read a lot of the Nichehacks articles and this one is so true. At the moment I am in a niche I'm passionate about and yes although I am primarily using Amazon to monetize my site, I will be branching out to use other methods very soon. It frightens me to think the plug can be pulled at any time! I intent to use other affiliate programs as well as Amazon, maybe Google Adsense, I'm not sure yet, some digital products and also to build an email list.
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.
I would have one partner create a separate page/contact form specifically for the advertiser – so only people who see that contact form are people who were referred to by the advertiser. The advertiser would use that page as their outbound link. I know you can track outbound clicks in Google Analytics events and Contact Form conversions (usually through most contact form plugins) but that is the best way I think. Never done it, but this is how I see most affiliate programs like that work.
Always fill out the comment box to “sell” your platform. If you are given the opportunity to explain why you are interested in a program, do it! Use the space to highlight why you would be an asset to the program. Talk about how your audience is their audience. Talk about the size of your mailing list (if it’s significant). Talk about your success with similar programs. Talk about where and how you will promote (hopefully you’ve done a bit of research so you know what they’re hoping for). Don’t sound desperate and certainly don’t lie about anything, but be upfront and honest about how this will be a win for them.
The best way to obtain website traffic is through free search engine referrals. However, obtaining traffic from the search engines takes time. You should expect to create content for your site for about 6 to 12 months before the search engines really start showing you some love. In the meantime, there are so many other places you can obtain website traffic from. That’s what these tutorial videos will show you. Everything form creating email marketing lists to social media marketing and even how to write a blog post to increase how many people share it – it’s all there. This is the best tutorial section to go through first because it will lead to returns sooner.
Pin to Profits – Affiliate Marketing is a step by step guide that explains affiliate marketing on Pinterest for beginners. It is a video course with 6 modules covering what affiliate marketing is, how to register for affiliate programs, how to use affiliate links on Pinterest, and how to get thousands of clicks on your affiliate links. Ultimately, the goal is to learn exactly how to make money on Pinterest with affiliate marketing.
For overall site performance tracking, including the number of visits, the most popular pages and how visitors interact with your website, you need to use Google Analytics. There is a learning curve to Google Analytics, but it’s well worth the time investment. Even with a basic understanding of Google Analytics, you can learn a lot about how your visitors interact with your site and which pages attract more readers than others.
It is because of these people that I wrote this book. To show them how they can make a good living with Affiliate Marketing. If you think all this is complicated, don't worry, this book is basically a step by step guide so if you know how to turn on a computer, you have what it takes to do well. Put simply, if you correctly implement the advise in this book, you can make commissions of up to $10,000 (or more) per month in extra income:
I would then get a hosting provider (a place to put the website on the internet) and a domain name (the name for the website), and then install WordPress so I could start playing around with the look of my website. I’d browse some free ‘themes’ (pre-designed ‘looks’ for websites) if I was tight on cash, or I might buy a high-quality one if I had the money.
I did a lot of research to find the right one, and so I chose Making Sense of Affiliate Marketing by Michelle Schroeder-Gardner (as I mentioned earlier). I figured it made sense to learn from the best, and with a 30 day satisfaction guarantee, I had nothing to lose. I chat WAY more in-depth about it in my review here, but this course was definitely a gamechanger for me.
Consistency and discipline – Mr consistent usually gets the best results. Being consistent and disciplined in your business ensures you’ll minimise distractions that will delay your success. It will also help you develop a structure around your daily actions so you won’t waste time figuring out what to do next. Creating a plan and sticking to it is essential for long-term results.
The parts contain over 90 videos and complementary PDF files and notes to help you grasp the concepts that the program is trying to impart. The program is regularly updated for the past nine years to keep the tactics in line with the changes in the digital marketing landscape. It ensures that the guide teaches you the best practices and prevent your site from incurring potential penalties.
First off lets talk about what DOESN’T WORK, because if you can learn what DOESN’T work first, then you can just spend time looking for all the easy affiliate offerings that WILL WORK for your Instagram following. I teach all of this in my InstaWealth Growth System, so if you want to let me teach it to you STEP-BY-STEP then signup. You’ll be able to watch over 80 easy to follow along video guides. I even update it frequently at no additional cost.
Finally it’s possible to find out what your audience wants. There’s no need to go outside and ask pedestrians for their opinion. With a recently launched interactive poll sticker, which is part of the Instagram Stories, it’s way easier. Want to collect feedback on the promoted product or gather more ideas from the audience? Create a survey in one tap! Ask a question and give two answers to choose from. Check out the statistics to see the votes. The poll will last for 24 hours. If needed, fine-tune your affiliate marketing campaign according to the results obtained.
If you have built up an email list, you could also promote your affiliate offers via email promotions. Just make sure you build up a relationship with your audience first instead of going for the hard sell straightaway. The emails you send out must contain your affiliate links to products so when your audience click through. the sale is attributed to you.
You can put up banners on your site, to promote your affiliate offers. Most affiliate programs will usually provide their own creatives when you sign up for their offers. All you have to do is insert the banner on a highly trafficked page (your affiliate tracking is usually embedded within the code). Banner ads in the right locations can do a great job of driving sales.
Then, came the dreaded Google algorithm updates. After ranking number one for "electronic cigarettes" and "electronic cigarette reviews," which were steadily driving massive amounts of traffic to his blog, his rankings fell off of a cliff. He tells me had made a huge mistake by solely relying on Google for traffic and not leveraging it to build an audience elsewhere.
One big pro to Tradedoubler is that they track the user through cookies, even if the user has turned cookies off. For example, most affiliate programs track users through cookies. If a user clicks your link and goes to a website, but doesn’t make a purchase, they will be tracked for a period of days (usually 30 days). If within those 30 days they come back and make a purchase, you earn your commission.
Third, go through any shopping guide posts and/or room reveal posts that you may have on your blog. Of course you want to continue pinning whatever “pinnable” graphic you have created for the post, but I also recommend pinning images of each individual product recommended in your post and swapping out the blog post url with your affiliate link to that product.
Affiliate marketing as a monetization stream is perfect for bloggers, because we recommend things on a daily basis. It’s also a largely passive way to make money, which frees up your time to do other cool things, like travel and eat your weight in pie. Long story short: affiliate marketing is one of the best ways to monetize your blog, so you should read on to learn all about it!
This is fascinating to me….. never, ever, ever in a million years would I have thought I’d even *consider* starting a blog but in recent years I have also dreamt of staying home with my kids (I’m also a nurse!!) AND being financially set (and then some?!). The problem is that this whole concept is so foreign and terrifying to me. This post is awesome and seems to have an incredible amount of step by steps instructions. But, I do have a few questions. What was your (or a realistic) timeline from when you very first started your blog to when you could financially do that as your “real job”? And now that you’re established I understand you have passive income but what does your schedule look like? How much time do you have with your kids? I picture having to be at the computer for 6 hours a day?!?! I just wish I could actually see what someone like you does to create your posts and “work” 😉. Thank you, and I’m sorry this comment was so long!!