The beauty of affiliate marketing is that you don’t have to invest the time and effort to create a product to sell. You can begin selling something as an affiliate as soon as you have a platform to sell it on.
Keep track of affiliate links. Use a simple spreadsheet. I use Airtable. Some people use the PrettyLink plugin to keep track of their affiliate links. (I don’t use the PrettyLink plugin because I use as few plugins as possible and some affiliate programs prohibit it since it cloaks your affiliate links.)
You don’t get buyer’s info to use later. A buyer’s information is extremely valuable, but in this case, the advertiser gets to keep it and you never see it. The advertiser can then pitch products or services to that buyer for months or years down the road, potentially making a lot more money in the long run.
An audience. Who is your audience? “Everyone” is a bad answer. You’ve got to niche down, meaning, target a small subgroup of people. Maybe they are parents to toddlers. Maybe they are café owners. Maybe they are fly fisherman. Maybe they are nursing students.
Next, add an email list which gives you a fantastic opportunity to communicate with people on your own terms. That is, you don’t have to wait for them to come to your blog or website, you can go straight to their inboxes. Related: Email Marketing 101.
Don’t be afraid to appeal or apply again. If you apply to a program but you don’t get accepted, see if there is an indication of when you can reapply. If you don’t see anything, email the affiliate manager and ask if you can apply again and if so, when would be the right time. Be respectful and kind in your email, not defensive.
In my experience, most affiliate programs don’t work because the returns on them are so low that it’s not commercially viable. You need money, time and more importantly, the right knowledge to generate quality traffic that will buy your offers.
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.
Affiliate marketing is a common way people make money online. For me, affiliate marketing is my largest income stream. It’s also my favorite income stream because it gives me the most freedom and flexibility. I have written repeatedly about affiliate marketing in the past. This post puts it all in one place.
Freedom & flexibility. Because the seller is doing the heavy lifting of creating, customer service, etc., affiliates have more time to focus on what they want to do, while still making money in the background.
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When promoting affiliate offers, just make sure you are fully aware of all the terms and conditions attached to your affiliate program. Some programs can be strict about how they allow you to promote their products. For example, some may limit you to banner ads and links only, while others will allow you to use paid advertising, but won’t allow email marketing.
Brilliant write up there, at least beginning bloggers can get to know more about affiliate marketing and how profitable it is. On my blog I talked about way bloggers make money and affiliate marketing was one of them. Thanks for this post once again. Jude
Look around for the best affiliate deal. Many affiliate programs are offered in more than one place. For example, a while back, I realized one of my affiliates paid almost 30% more if I went through a different affiliate network. This doesn’t happen often, so I wouldn’t spend lots of time hunting, but keep your eyes peeled.
First, don’t let this question worry you. It’s really of little consequence in the big scheme of things. In fact, it’s a minor issue in the process below. Still, I realize it can be a bit confusing, so I’ll address it here.
Promote products at various price points. Even the little products (like Amazon ebooks) add up. If there is a truly useful product on the pricier side, it can still be worth the promotion even if only a few people buy it. If you’ve used a product of exceptional quality and it’s a good investment, or if it’s a product that’s unique, specialized or one-of-a-kind, go for it.
That way, if you decide to write a review to promote it or send the affiliate link for the product’s sales page to your email list, etc., you will have first-hand knowledge of how it works. This will help you to decide it the product has real value pertaining to your niche. I, personally, won’t sell anything I haven’t tried myself to be sure they work as advertised. Selling just to make money with no real value is a sure way to lose customers and ultimately destroy your business. Bad reputations are hard to get rid of once you get one, especially when there’s money involved. With that being said, I hope you all have a great holiday season.
Courses you’ve taken & liked. Some of mine are Affiliate Acceleration: Impactful Strategies To Increase Your Passive Income, Self Publishing 101 and Page Strategies (for building your Facebook Page).
There are many affiliate networks. Many are easy to join. Some require you to apply and wait for approval. Some are by invitation only. Different affiliate networks provide different products so you’ll want to hunt around to find the one(s) that are the best fit for you.
The AID (ad ID) is a number which identifies a specific link and enables CJ to track creative performance as well as credit the publisher when they earn a commissionable transaction. Because each link has a unique AID, it also allows CJ to identify the appropriate advertiser.
Know when to wait. Some affiliate programs require a certain level of traffic, subscribers, etc. If that’s the case, I say it’s better to wait to apply for that program instead of applying and hoping for the best. You risk being labelled the person who can’t follow guidelines and you might also risk not be allowed into the program when you do meet the qualifications.
Some good tips. I fully agree that it’s all about trust and it is always good to recommend an affiliate product that you have actually used. Why risk your reputation on a product you don’t know if it’s any good or not? If people buy one dodgy product from your site, they will probably never make that mistake again. That it why my blog strongly advocates ethical affiliate marketing. It’s the best long term stragey for affiliate marketing success.
Some people remember the 1990’s as a tremendous period of growth for grunge music and Jim Carrey films. While this is true, most people will probably tell you the 90’s were responsible for this big, beautiful, technology called the World Wide Web (aka the internet, the web, the vast digital ocean of information at our finger tips). And with any new technology or media, companies quickly realized they had a new opportunity to market their products and services to consumers via the millions of websites they visit every day.
The bottom line is that you’ll need to be flexible, understand the motivations of different affiliate types and weigh all of these factors against your own business goals and needs. You’ll need to make a profit and you don’t want a commission structure that dilutes that.
I absolutely love your post about Affiliate Marketing for Beginners: How to Make Your First Affiliate Marketing Sale in 7 Steps. Over the years I have found that people put too much emphasis on “how to make more sales” versus teaching techniques as to how a beginner can make their first sale . Understanding how to make that first sale is key.
Focus on benefits not features. Don’t simply list the features of a product (“You’ll get this and this and this…). How will this product change their life? How has the product changed your life? What will their life look like if they use this product?
For example, when I have promoted the Genius Blogger’s Toolkit in the past, my bonus, Shorten the Toolkit, is my list of the best resources in the Toolkit (after going through every resource personally).
Affiliate links to share. Once you have proven yourself to be a trustworthy source of information on topics important to your audience, you can begin to recommend affiliate products or services to them. This entails applying to affiliate programs and sharing your unique affiliate links for products you promote (more below).
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Always disclose. You must let your readers know when you are using affiliate links. Read my post, Are You Disclosing Properly? for more. An image disclosure or general disclosure at the bottom of your site is not sufficient.
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