Great post and right on target. I found that if you blog and/or do videos that sharing little stories will help connect you to potential leads. I do how-to videos and posts and I always tell personal stories or my own experiences that relate to the subject. It works and I get personal messages from people about it. It makes you more real and down to earth in the viewer’s eyes. Once they like you and trust you they will become a lead and hopefully a sale. They may very well become a regular buyer because you will be their go to person. For best results it’s best to blog daily and do at least one video a day.
In this video, I explain why Amazon Affiliate Marketing is best for beginners, and how to get into the industry. The reason why I love this program so much is because it has much lower competition overall, and you don’t have to “sell” people on things. Amazon’s powerhouse strategy does all the lifting for you. I also reveal some tips you can use to increase your conversion rates with your affiliate websites.
I’ll use MoneySavingExpert.com as an example again. The site has over 154,000 likes on its Facebook page and it connects with the audience by sharing links to content but also asking money-saving/budgeting related questions. The highly engaged readers then visit the website, where they read content and no doubt make purchases.
If you partner with an advertiser who uses an affiliate network to run their affiliate program, your interactions will take place via the affiliate network, not with the advertiser directly. This includes applying for the program, finding your unique affiliate links, tracking your sales and getting paid.
I wonder how to i start this site ? I cannot publish any content till i get approved for the at least one affiliate marketing program ; however eRetailers would want to review my website before they approve me ? It seems like a chicken and egg situation.
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.
However, if you are selling a niche product (with a smaller market potential – for example: commemorative and collectable plates) you may need to offer a higher commission rate to entice affiliates to join the program. You’ll have fewer affiliates but they will be highly motivated. This can result in more sales for your and ultimately more revenue.
You can put up banners on your site, to promote your affiliate offers. Most affiliate programs will usually provide their own creatives when you sign up for their offers. All you have to do is insert the banner on a highly trafficked page (your affiliate tracking is usually embedded within the code). Banner ads in the right locations can do a great job of driving sales.
“Tools I Use” or “Things I Love” page – Many readers enjoy seeing a handy list of your favorites, plus it’s an easy and excellent way to highlight some affiliate links. Here’s mine. Refer to any posts you have written about that tool / resource or include a description of how it has helped you.
Let no one tell you that email marketing is dead. An email list is crucial for every affiliate marketer. You can start building up your email list with a lead magnet (like the information products mentioned previously) or even just by encouraging your audience to sign up for your updates. You can then push your content to this audience via email and also direct them to your affiliate offers. Don’t be sleazy about the sales, but if you build up enough trust with your email audience; when the time comes, they will not mind purchasing a product from you.
I routinely turn down offers for free product or free trials by advertisers. I buy products with my own money and try them out as a paying customer. After all, if I’m part of my target audience and the advertiser can’t convince me to buy, it’s unlikely my audience will be convinced to buy either.
Do I have legitimate experience with this product? If you don’t, pass. Being unfamiliar with a product you promote is risky for two reasons. First, if it turns out to be a dud, the trust you’ve built with your audience is damaged. Second, if your audience has questions about it, you won’t know how to answer.
A publisher is an individual or company that promotes an advertiser’s product or service in exchange for earning a commission. Advertisers contractually agree to work with a publisher, then provide the publisher with creative – in the form of links, banner or text ads or even unique phone numbers – that the publisher incorporates into their website.
Website conversion is also a big issue. Affiliates often determine how much effort they will devote to promoting your product based on the Earnings per Click (EPC) that the merchant generates for them. This calculation is based on their commission rate and the conversion rate of your website. If you have a website that converts really well (gets people to make the purchase), you may be able to offer lower commission.
You will vastly improve your chances of making a good income as an affiliate marketer if you use as many available communication vehicles as possible. Email is one of the most effective communication vehicles there is. Even more so than your blog or website.
1. Study the arts of inbound marketing and online sales writing. This will take some time, but it will be mostly or entirely free—there are plenty of free online resources, not to mention books at your local library. Here’s a fantastic article to start with: https://www.usability.gov/how-to-and-tools/methods/writing-for-the-web.html
Your ongoing work as an affiliate marketer will be to repeat steps 4 – 6 on a continual basis. Building a site up to a point where it can make you consistent income takes a bit of work and you must be willing to constantly create, promote, market, innovate and of course, sell.
Very well written! Thanks for sharing these tips. Something as simple as adding your affiliate link to images is one I’ve overlooked sometimes lol. What has worked the best for me is adding bonuses to the affiliate offer.
Limited hard selling. If you partner with the right advertisers, your job is to simply refer potential customers to them. They do the hard selling. This is great for those who don’t like to sell or want to minimize dings on your reputation for being pushy or sales-y.
Audience fatigue. If multiple affiliates share the same audience, and all those affiliates are promoting the same thing at the same time, that audience can be deluged with promotions. This can be annoying for your audience. Hopefully you are not the affiliate that “breaks the camel’s back” and makes a customer check out altogether.
These are great because they are an easy stepping stone into a sales funnel without jumping immediately to a sale. A lot of people are willing to grab a freebie. If the advertiser is skilled a nurturing them in the sales funnel, they are more likely to purchase in the end.
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Discover How To Increase Your Commissions by 200%
Until 2017, Amazon offered a stepped commission structure so that affiliates who sold a lot of products were paid a higher commission than those who sold little. However, Amazon eliminated this structure and began using flat commission rates for different types of products. While this is likely to continue evolving, examples of the commission structure in 2018 are as follow:
While following your passion is definitely the recommended option, sometimes the possibility of making money in a profitable niche trumps passion. So, you might not necessarily know much about your niche, but if it’s likely to make you money, you can always learn more about it, right?
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.
There are several profitable niches that are also very popular among affiliate markets (e.g., weight loss). Before jumping on board with a hugely popular niche, make sure there’s enough room for you. That is — will you be able to make money and compete with already established marketers? If not, keep looking.
Start with a blog, where your content is always available. By itself, an email list can be hard to start if there’s not a place (like your blog or website) where potential subscribers can get to know you first.
People want to hear from other people when making a decision to buy a product or not — that’s why the reviews on Amazon products are so powerful. Those reviews are genuine feedback from people who (usually) have absolutely nothing to gain if someone buys that product or not.
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