I think there are a couple main reasons why the research aspect is so overlooked in affiliate marketing. The first reason is, people are just lazy. Most new affiliate marketers are only thinking about making money in the shortest period of time, so they simply choose a niche and build a site in their first day. Then, months go by with little to no website traffic and they proclaim that affiliate marketing no longer works. Considering affiliate marketing is a multi-billion dollar per year industry driving about 20% of all online sales, that of course isn’t true. Most people just don’t do the research necessary to truly find a profitable niche that is in demand without too much competition.
There are a few things I could do to promote my website in the hopes of attracting more website visitors. For example, as I was adding content, I’d make sure I was doing at least a little basic search engine optimization (SEO). That’s a fancy way of saying I’d show search engines that my website was full of relevant information, so that they’d display it in the search results when people enter certain weight loss topics. There’s a whole section of free lessons at Affilorama about this topic.
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.
In the case of cost per mille/click, the publisher is not concerned about whether a visitor is a member of the audience that the advertiser tries to attract and is able to convert, because at this point the publisher has already earned his commission. This leaves the greater, and, in case of cost per mille, the full risk and loss (if the visitor cannot be converted) to the advertiser.
""For a beginner, this book is perfect. You'll discover the ways in which one can start making money online through affiliate marketing, everything that you'll need to begin, products you can start to affiliate for right away, ways to grow your traffic, and other ways one is able to utilize all the available information to you on the web to be able to make sure your affiliating business is competitive with that of your competition. The author adds a nice little addition to the book that isn't found in most and that is, a multiple choice question review page(s) after each chapter for one to make sure that they obtained all the vital information within each section before progressing onward.
Another great way to get the most out of Instagram influencers in your affiliate program is to host a product giveaway with them. Influencers love running giveaways because they receive excellent engagement from them and gain a lot of new followers in the process. When you structure the giveaway with the influencer you do want to make sure that it’s not one sided and you get some new followers for your social media accounts as well. At the end of the day, it’s a great way to get some new followers and get some great marketing out there for the cost of your product, which is usually a brand’s preferred currency.
You can promote Amazon products as part of your other business offerings to create an additional income stream. Whether you sell a product or service, chances are their are products and services your customers and clients can benefit from sold on Amazon. For example, if you're a business coach that has found increased productivity with a Bullet Journal, you can promote dotted-page notebooks.
The next platform, which has created a great community of affiliate marketers and is a fantastic resource for a versatile and step-by-step affiliate marketing training program is Wealthy Affiliates. Over the years it has become one of the most reputable and highest-rated resources to teach you the ropes of digital marketing and online business for someone who has no or very little experience in the online and blog world.
Use Deep Links – these are pages on your affiliate’s website that AREN’T the homepage. For SiteGround’s hosting I link a lot to their speed technology page as an affiliate link. If you’re doing Amazon’s affiliate program you just want to gather a list of products you will be recommending to readers, create an affiliate link for each one, and import them to the plugin.
However, as I stated before, the single best source of highly targeted website traffic is from search engines. For that reason, you will wan to pay particular attention to these training videos covering SEO (search engine optimization). That’s where you’ll learn all about how to rank your website at the top of certain search phrases deliberately. You get to pick and choose what you rank for if you follow those steps.
With all of this in mind, you also need to understand that affiliate marketing is not some get-rich-quick system. It’s a business. A real marketing business that will take some time to grow. All of the resources you need in order to succeed are listed above, but don’t expect overnight success. Give it a good 6 to 12 months and about 10 to 15 hours per week working on your business. If you do that, by this time next year, you should be an affiliate marketer yourself, at the very least making a nice secondary income. If not, in a year from now, you’ll be exactly where you are right now. Focus on the long-term and keep going with sustained effort. Of course, I’m always available as well if you ever want to contact me. I never charge a dime. 🙂
Check what other items your referrals are buying. One great feature of the Amazon Associates program is that you get paid on items your referral buys, whether or not they buy the specific item you referred. Amazon stats will let you know what items you referrals bought. If you haven't yet promoted the item, and it's a fit for your blog or website, you should consider adding to your product list.
This is so well put together, thank you! I’ve been spinning my wheels trying to figure out what affiliates to work with in my niche. My target audience is bloggers, and much of my content is free knowledge on how to grow a blog, but pushing a sale is just not what I want to do. But with this list I can really see that there are a lot of options to choose from. I do have an account with shareasale already, so I’m going to start there and see what other companies will work for my audience!
Pinterest’s enhanced ability to detect spam pins is great news, but it also means that pinners should take precautions to ensure their affiliate pins aren’t inadvertently flagged as spam. One of the guiding principles is that the image in a pin should be consistent with the destination of the pin. For example, a pin with an image of a throw pillow on a couch should not redirect to a vacation booking site.
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.