Affiliate marketing is also called "performance marketing", in reference to how sales employees are typically being compensated. Such employees are typically paid a commission for each sale they close, and sometimes are paid performance incentives for exceeding objectives. Affiliates are not employed by the advertiser whose products or services they promote, but the compensation models applied to affiliate marketing are very similar to the ones used for people in the advertisers' internal sales department.
Alternatively, to find niche affiliate programs, a basic Google search will suffice. Then simply sign up with the individual affiliate programs you like the look of and take it from there. There is no limit to how many affiliate programs you can sign up with, but make sure the products you are going to promote are high quality. If you promote products that aren’t up to scratch, you will lose the trust of your Insta-followers, and quickly lose your audience.
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.
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.
Then I made my very first affiliate sale for my favorite travel blogging course. It was a recurring payment of $38.80 (someone purchased the course on a payment plan.) I was over the moon! I had been promoting that course for 2 months before I finally made a sale. This small win encouraged me to continue trying different strategies to promote affiliate products.
Freelancer – refer people to developers, designers, and other freelancers you’ve worked with and make 100% of Freelancer’s project commission for the first 90 days. I get a lot of people requesting WordPress speed optimization services… so I refer them to my developers with a freelancer affiliate link and make $125/month in passive income. You can’t use affiliate links to link to specific freelancer profiles, so I direct people to the homepage via affiliate link and give people my developer’s usernames.
You’ve probably heard this a million times, but it’s worth reiterating. I still see square pins all the time on Pinterest. With affiliate pins, I make my pins longer than usual so that they stand out. My pins are typically somewhere between 735 x 1250 and 735 x 1400. I also experiment with smaller pins (600 x 900), and they do well too. There is no set rule for the exact dimensions your pins should be. Just make sure they are vertical. I use both PicMonkey and Canva to create my pins. PicMonkey has an edge over Canva in terms of features.
Google Autocomplete – go to google.com, start typing a phrase and look at the dropdown autocomplete results. You can use the underscore character “_” to have Google fill-in-the-blank. Just make sure the last character you type is an underscore. Try using plurals and change the word ordering to see different results. This is how I find 90% of my keywords.
Formaro tells budding bloggers that “it can take a while to build up enough traffic to get people clicking your links, and then they still have to buy once they land on Amazon. But don’t get discouraged,” advises Formaro. “Keep creating and sharing content, and insert Amazon affiliate links for relevant and helpful products into your posts, and the sales will follow.”
Oh boy I have so much to learn. This book provided me with great information on tapping into the audience, advertising using Adsense, a detailed guide on how to put information into blogs and websites using affiliate offers via Clickbank, how to include PayPal buttons on your site, the basics of building an android app (i'll definitely be looking into that one more), YouTube videos and other ideas too! Wow, I've only flicked through it so far so now it's time to go back and look into that information a little closer and start applying!
Wow. Thank you for parting the mists of the mystery of affiliate marketing. I was drowning in vagueness and confusion for a few weeks there and now I feel like I have enough information to at least create a strategy around when I might want to start. I had no idea that it was so country-specific, which is important because I get just as many hits from European countries as I do the U.S.
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…
Creative Market is an online marketplace for community-generated design assets. “The company sells graphics, WordPress themes, stock photography, media kits, and other digital goods for use by web creatives” – Wikipedia. It is my new addiction and I can’t get enough. When you have time take a look around so you can see all of the amazing products they carry.
Maybe, maybe not. Some of those commission rates still flirt with the industry benchmark for their respective categories, but when you consider that the commission rates used to be standardized across the entire site on a tiered commission structure (the more you sold, the higher commission “tier” you could unlock), some people’s businesses got completely shellacked by this change.
Be transparent and create your story. What did you suffer through? Are you a reluctant leader or are you the hero leading the charge? Ensure you properly relay your story so that you can bridge the emotional bond between people who have no idea about who you are. Why should they listen to you? What "secrets" have you uncovered over the years? What failures did you suffer through or lessons did you learn along your journey?
Hi TOM, I have really enjoyed your shared nice piece of content with us. ..Actually, I am thinking to design and develop a mobile comparison website but you know, it’s not an easy job to collect mobiles data. A lot of time and cost is required to build such a website and I don’t want to spend a lot of money as I am new in this field. My colleague has recommended me RevGlue for this purpose as this a UK based registered company and are providing mobiles and its deals data for the UK only with the name of RevEmbed technology as I have read its blog revglue.com/blog-detail/13-setup-free-uk-mobile-comparison-website but I am the little bit confused as its a newborn company. Anyone, have experience with RevGlue. Guide me in this respect. Waiting for your kind response. Thanks in advance.
At the time, I had a ton of people reaching out wanting to hire me (I ranked my self #1 in Google for WordPress SEO Consultant, WordPress SEO Expert, many other good keywords). Unfortunately I struggled with basic things you need to run a service-based business… keeping track of clients, time management, and making sure I was charging clients for my time (and getting them to create content which often seemed impossible).
** There are other programs affiliate programs that you can apply to for Pinterest depending on what you are wanting to promote. Some of these (like Target) offer products in a variety of categories, but you will just need to look through ShareASale and other programs and read through their TOS and apply. These are just ones that I use and were fairly easy to join and promote.
Include relevant information about the photograph and ask a question to your followers. This is important to drive engagement to your posts and it gives people the information they are looking for. Geo-tagging can help when customers want to find out where something is. A blogger utilising geo-tagging might include where they are in the photograph, while brands should geo-tag store locations to make it easier for people to find.
If instant gratification is your thing, affiliate marketing will make you want to run into a wall. Even after you surpass the threshold needed to “cash out”, there’s usually a waiting period before your commission is confirmed/approved, simply because they allow time for people to return goods if needed. So yes, affiliate marketing is by no means a fast track to cash.
You can use affiliate links throughout your site, but it’s best to place them in strategic places. These include reviews of the product or service you’re promoting as well as in depth tutorials and guides. You should also create a Resources page on your site where you list the tools, products and services you use in your niche and insert affiliate links for them.
Mistake #5: Promoting a lot of affiliate products instead of just a few. Once you start affiliate marketing, you realize how easy it is to share affiliate links. Instead of becoming an affiliate for a lot of different products and sharing them liberally, I recommend concentrating on just a few and sharing them intentionally. It doesn’t seem as spammy, plus you can be sure the products you do promote are closely aligned with your brand and message. Deep is better than wide.
**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.