Once you’re financially stable, I hope you start giving back. It feels good and people like the idea of supporting a good cause (they will be more likely to click your affiliate link in your disclaimer). This also means you don’t have to use as many links in your content and risk getting a penalized. Last year I donated $3,000 to Red Cross At Hurricane Harvey.
Michelle, I’m so excited for your course but one thing I worry about is that after one full year of blogging I am still getting hardly any traffic. I am working my way through a class about how to increase your traffic and affiliate marketing sales through Pinterest so we’ll see if that works but yeah traffic remains o be a problem for me. Will you talk about that in our course?
The phrase, "Affiliates are an extended sales force for your business", which is often used to explain affiliate marketing, is not completely accurate. The primary difference between the two is that affiliate marketers provide little if any influence on a possible prospect in the conversion process once that prospect is directed to the advertiser's website. The sales team of the advertiser, however, does have the control and influence up to the point where the prospect either a) signs the contract, or b) completes the purchase.
I’ve already committed thousands to AWOL(I’m 17 by the way) and I believe in quality products as such to promote. Do I need to purchase SFM training eventually? I am willing to do so, in order to stay congruent with diversifying income and promoting valued, justly priced products, just as the top earners do so. Please let me know what you can say about the terms of being an affiliate with SFM.
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.
And that’s one of the great things about the SEO + affiliate marketing combination: once your content is published and ranking in Google, there’s very little you have to do to “maintain” your traffic and affiliate sales, unlike with Pinterest where you have to continually create new pins and loop those pins with a scheduler lest your traffic falls off a cliff.
Designed to create a huge amount of traffic at all times, these sites focus on building an audience of millions. These websites promote products to their massive audience through the use of banners and contextual links. This method offers superior exposure and improves conversion rates, resulting in a top-notch revenue for both the seller and the affiliate.
Before I share the strategies that I’ve used to generate over $100,000 in affiliate commissions per month at this point, there are two extremely important rules I use when promoting products that are not my own. You don’t have to use these rules in order to become an affiliate or be successful at it, but it’s what has helped me grow my affiliate income tremendously over the last couple of years:
In the past, large affiliates were the mainstay, as catch-all coupon and media sites gave traffic to hundreds or thousands of advertisers. This is not so much the case anymore. With consumers using long-tail keywords and searching for very specific products and services, influencers can leverage their hyper-focused niche for affiliate marketing success. Influencers may not send advertisers huge amounts of traffic, but the audience they do send is credible, targeted, and has higher conversion rates.
A far more lucrative way to earn as an affiliate is to recommend high-quality digital products created by online entrepreneurs. The reason is simple: digital entrepreneurs offer as much as 50 percent commission — in fact, in many affiliate circles, 50 percent is expected. Many products created by individuals also sell at higher price points, anywhere from $19 to hundreds of dollars. That means you earn far more per sale.
P.S. If you’re just starting out (like, you’re a REALLY new blogger and have not started your blog yet), check out this 4-part blogging for beginners guide where you will learn how to start a blog in 20 minutes. It’s been shared over 50,000 times and has helped thousands of new bloggers like you start successful blogs. It’s not that hard. You can do it. Feel the fear and do it anyway.
In 2006, the most active sectors for affiliate marketing were the adult gambling, retail industries and file-sharing services.:149–150 The three sectors expected to experience the greatest growth are the mobile phone, finance, and travel sectors. Soon after these sectors came the entertainment (particularly gaming) and Internet-related services (particularly broadband) sectors. Also several of the affiliate solution providers expect to see increased interest from business-to-business marketers and advertisers in using affiliate marketing as part of their mix.:149–150
No matter how good your marketing skills are, you’ll make less money on a bad product than you will on a valuable one. Take the time to study the demand for a product before promoting it. Make sure to research the seller with care before teaming up. Your time is worth a lot, and you want to be sure you’re spending it on a product that is profitable and a seller you can believe in.
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Another industry that has seen better commissions recently is the “making money” vertical. Along the same lines of Forex trading platforms, products or programs that help people earn money at home are also giving out average (or better than average!) affiliate commission rates. Products such as website hosting, WordPress themes and plugins, marketing products and other related items are all offering great commission rates.
There will be NO commission payments paid on PERSONAL USE Sales of the Product - meaning, if the only purpose in joining this affiliate program was to get a commission on a sale for Personal USE of Click Funnels, that's not cool. We do track and reconcile every sale – and in cases where an affiliate has a single sale to themselves, a commission will NOT be paid on that sale. That's simply NOT FAIR to the affiliates who have promoted in good faith only to have one of their prospects join the affiliate program to get their own commission and cut the original affiliate out.
The easiest and most common way to start building an audience for a website is via social media. Depending on your niche and industry, you can choose from Facebook, Twitter, Instagram, Pinterest and several other niche and location-specific networks. Building up an engaged and interested following on social media is a great opportunity to build relationships and once you have their trust, promote your products and services to them.
What are the terms of the program? Is there anything I need to be aware of that would make a program not worth it for me. For example, Amazon Associates does not allow you to put your affiliate links in emails. If your main method of communication with your audience is via email, Amazon might not be a good fit for you. Wayfair, for example, does not allow their affiliates to post affiliate links on Pinterest or any other social media site. If that’s a strategy you rely on, Wayfair might not be a good fit for you.
Two-tier programs exist in the minority of affiliate programs; most are simply one-tier. Referral programs beyond two-tier resemble multi-level marketing (MLM) or network marketing but are different: Multi-level marketing (MLM) or network marketing associations tend to have more complex commission requirements/qualifications than standard affiliate programs.
Promote products that are stepping stones to products you will create in the future. This is a bit more advanced, but is a great way to think ahead. Amy Porterfield suggests thinking about the first thing your followers will need in order to get started with what you provide. For example, I teach people how to blog, so the first thing they need to start a blog is hosting. That’s why I am an affiliate for hosting.
I hardly ever try to commutate with other affiliate marketers but it’s something about your site that is very interesting. Maybe it’s because your black who knows. Anyway I’ve known about affiliate marketing for 10 yrs. Never made over 100 bucks a month doing but for the live of the game I’m building a an affiliate blog promoting Amazon kitchen products. I’m very confident in my skills and by the end of 2018 I plan to have my monthly income at 2000 or better. Enjoying reading your site.. Keep up the awesome work. Your writing skills are extremely sharp.