Wow! This is a great article. Thanks for laying out the process in an easy-to-follow format! SEO can be so overwhelming when you’re starting out and this breaks it down nicely. I think your discussion on relevance is really important as well. It seems like relevance could really be the missing link for a lot of people to get good traffic from Google.
Do you have zero interest in an expensive mountain bike the company you are an affiliate of sells? Well, you probably don’t want to feature it on your blog, as it is extremely difficult to persuade readers (or anyone for that matter) that they should buy something you wouldn’t be caught spending a single penny on. When you are passionate about a product or–at the very least–interested in learning more about it, this will come through to your readers, engage them and better coax them to buy
The last thing you want to do is to spend the time and energy in promoting something that ends up being a product that has a lot of “question marks” around it. Worse still, is for you to have spent the time and energy promoting it, see some revenue start to come in, only to have that revenue dip or disappear for no fault of yours. That is a situation that gives many an affiliate marketer sleepless nights.
The terms of an affiliate marketing program are set by the company wanting to advertise. Early on, companies were largely paying cost per click (traffic) or cost per mile (impressions) on banner advertisements. As the technology evolved, the focus turned to commissions on actual sales or qualified leads. The early affiliate marketing programs were vulnerable to fraud because clicks could be generated by software, as could impressions.
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.
Building trust with your audience is paramount in affiliate marketing, and the quickest way to lose trust is to recommend products either you haven’t used before or that aren’t a good fit for your audience. Also make sure you never tell anyone to directly buy a product, you are simply recommending the product. The more helpful you are and the more you make quality recommendations, the more likely your web visitors will come back for your expertise.
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.
I almost signed up for your course but it was too costly for me. Please let me know if you ever have a more reasonably priced course available. Those of us just getting started are doing it so we can have the higher income. I for one live on $1000 a month income and really can’t take the more than 10% of that to take a course, even knowing it will help me increase my income, there really is no room in the budget.
Something I’ve become more and more aware of in relation to affiliate marketing profits is the value of products with a great funnel. Once in the funnel valued customers are offered high quality free content and a number of different products at varying investment levels. All of the products in the funnel are designed to help solve a problem or overcome an obstacle that the customer has. For any prospective digital marketer who hasn’t yet developed a range of their own products to market through a funnel then naturally choosing an affiliate product with a great funnel means some careful research to make sure that there’s quality and outstanding value in all the products in the funnel. I would always be careful not to have my own name aligned with poor quality offerings.
The best way to think about affiliate marketing is quality over quantity. There are a lot of small websites that will promote your product, but the key is finding a small number of partners that will deliver conversions. For example, an equity management services firm has over 20,000 affiliates in its system, but only about 25 affiliates generate 85 percent of revenue.
In conclusion, affiliate marketing is a very lucrative business that has provided either a full-time or part-time income for tens or hundreds of thousands of people. While many more people will slowly begin to look into earning some money via affiliate marketing in the coming years, there is nothing worse that quitting your job to becoming an affiliate marketer, only to have your sole source of income take a hit for no fault of yours. Either as a result of something that the vendor of the products you are promoting did (or didn’t do), or perhaps because of a sudden loss of website traffic via the search engines, which is something that search engines have been known to do occasionally.
While I was doing WordPress speed optimization I noticed lots of people needed it, but very few people supplied it (there were a lack of services and tutorials when I researched Google). I also knew hosting was the #1 factor of website speed factor and these companies paid up to $200/sale. Hosting is a competitive space but the commissions and lack of supply enticed me.
Thanks for the post and I’m looking forward to learn more from your course. My traffic definitely needs to increase but I earn pretty much nothing affiliate income. Does Amazon count? If so, then maybe a few dollars a month. Yea, I really need to work on that. I will include affiliate links when it fits but haven’t written a review post about a specific product. Do you think it’s important to have an entire post relating to that product or it works best to incorporate it in the post when talking about a topic?