Myth #4: You can make money quick with affiliate marketing. It’s true, you can get set up as an affiliate marketer in little time, but if you want to make good money as an affiliate marketer it’s going to take a while to build the relationships necessary to sustain it.
Win-win-win. The advertiser wins because they only pay when a purchase is made (as opposed to the shotgun approach of paying to advertise to the masses and waiting for a small percentage to actually buy). The affiliate wins because they make money while providing helpful advice. The customer wins because they get a trusted recommendation for something they might not otherwise have known about.
CJ Affiliate by Conversant (formerly Commission Junction) is the leading global affiliate marketing network, specializing in pay-for-performance programs that drive results for businesses around the world. The CJ Network helps to reach and connect with millions of online consumers every day by facilitating productive partnerships between advertisers and publishers. Drive more sales and expand your reach – experience the Network Effect with CJ.
Affiliate networks are good for publishers because publishers can find, sign up for and manage several affiliate programs under one umbrella (the affiliate network). Also, companies typically are monitored by the network which gives affiliates peace of mind.
The final component that completes the affiliate relationship triangle is the consumer. The consumer is the one who actually sees the ad and then makes an action (either by clicking a link or by submitting their information via a form) that takes them from the publisher’s website to the advertiser’s to complete the action, which we call a conversion.
Will my target audience realistically buy this now, or at a different time? Be sensitive to sales cycles and seasons. Maybe you should avoid holidays (when people are away from their computers, like July 4 in the U.S.) or maybe you should target holidays (like the day after Thanksgiving), but know the difference. Again, know your audience. Plan your content accordingly.
To sum it all up, making your first affiliate commission requires a bit of work but if you break it all down and follow it step by step, it won’t seem so overwhelming at all. Here’s a quick recap of what you need to do:
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Mark, WordPress isn’t just for blogging. You can build a static site using WordPress and have your blog integrated so users just need to click on a tab to see your latest posts. That works better than setting up a redirect or sending them to another site or having to cobble something together yourself. There are tons of additional plug-ins for WordPress to enhance its features and capabilities.
The wording of your disclosure matters. On Facebook, for example, people avoid using the word “affiliate” because it doesn’t get things seen. However, Amazon will kick you out if you use wording that isn’t clear.
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.
This is obviously a crucial factor to consider. You might come up with an idea for a niche you know a lot about, but are there affiliate programs for the niche? No affiliate program = no sales. Time to look for a different niche.
That said, if you’re interested in building affiliate sites that sell, I also suggest checking out our AffiloBluePrint, which includes our custom AffiloTheme for websites and a bunch of other bonuses — and complete support so you can create a site that earns you commission with ease:
While your site is still new, it’s a good idea to start capitalizing on someone else’s audience. Continue focusing on building your own content, but also considering writing content for a few big, high-traffic blogs that are relevant for your niche. By writing content for a bigger site, you are able to get in front of another audience and showcase your expertise on a particular topic. This will eventually lead to more traffic to your site, as well.
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.
Once you are cleared to promote a particular product and you understand the terms for that campaign, look through the list of available graphic and text links for that product. Copy the HTML code provided. This code has your unique ID in it. Use this link whenever you link to the product.
Ask around. In my experience, if you establish a good relationship with other content creators (and especially if you are giving more than you are taking in that relationship), over time, most are more than willing to share tips and hints about what has and has not worked for them. A mastermind group is also a great place to get ideas.
However, you can still make money as an affiliate even if you don’t have tons of traffic. I have a fraction of the traffic many fellow affiliate marketers have and yet my income rivals and in some cases exceeds theirs.
Be intentional about finding new products to promote. Keep a list of affiliate products to review, much like you would keep a running list of content ideas. Block out regular time in your calendar a way to hunt for new products to promote.
ShareASale. A large network offering things like Genesis (here’s why I use Genesis for my WordPress theme), Tasty Pins (the Pinterest plugin for bloggers), Minted (invitations, calendars, gifts), eShakti (reasonably priced custom made clothes).
Hi, Nice article. I am not sure about the process though. I can understand, finding a niche. But, when it comes to affiliate programs I get a little lost. Would I be promoting someone else’s products? If so, no problem. I know I need to research high end products with gravity, are these products ones in certain stores, or companies, etc.?? If so, do I need to get permissions to be on an affiliate program with that company? Also, if it is products with a company, then how do I offer promotions on their products since they are not mine? Thank you, Nanette Vlahusich
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.
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.
Remember: Purchasing generic content is NOT an effective method to build your site. While it may be tempting to populate your site this way, in the long run it won’t help you to position yourself as an expert in your niche (and ultimately means less traffic and fewer sales).
It comes with tons of research and website building done for you and extensive support, including the option to get detailed critiques from us to make sure every page of your site is optimized to sell.
It’s much easier to work on something if you’re passionate about it. Plus, when you have a passion, you’re usually quite knowledgeable about it too, so that definitely helps. For example if you have a passion about about makeup, your niche of choice might be makeup related, too.
Mistake #3: Giving your friend’s product a glowing review without actually being familiar with your friend’s product. This happens a lot in the affiliate marketing (and book marketing) world unfortunately. It’s a “scratch my back and I’ll scratch yours” type of situation. By all means, give your friend a glowing review, but if you haven’t actually read their book or taken their course or tried their product, don’t talk about it as though you have. Readers deserve honest recommendations! (Here’s an example of me helping to announce the launch of my friend’s book while being clear I hadn’t read it.)
Once you’ve decided on a niche, it’s time to find out what’s out there in terms of programs and products to promote. You’ve probably already done a bit of research for this while researching your niche — now you need to dig deeper.
Know when (and when not) to use Viglinks and Skimlinks. If you applied to an affiliate program but were denied, you might be able to still be an affiliate for that advertiser through a secondary affiliate program like VigLink or Skimlinks. Basically, they themselves are affiliates and will split their affiliate commission with you if you put their affiliate link in your content for an advertiser. Obviously, the commission rate is lower for you in this case, so if you ever are accepted into the advertiser’s affiliate program directly, immediately switch from using VigLink / Skimlinks affiliate links to your own.
For example, when I began teaching others how to start their own blogs in 2010, it was a no-brainer to recommend the hosting company I was already using. I became an affiliate and have made thousands of dollars since.
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.
Will my target audience realistically spend this amount for the product? Again, your reputation is on the line here. Is the product you are thinking of promoting priced reasonably for your audience? When I was writing my ebook, I was stuck on pricing. I asked around for opinions. A number of people suggested I price my ebook at $47! Their idea was to price according to value, not size. In my mind that was crazy. My network was composed of a lot of stay-at-home bloggers, and my collective audience was comprised mostly of people without a whole lot of disposable income. There was no way anyone was going to pay $47 for my 30-page ebook.
Amazon operates a volume-based advertising fee structure. The more products that are shipped as a result of your affiliate links, the more you’ll make per sale. Once you have sold enough products to move up to a different advertising rate, all subsequent sales will give you commission at that rate, until and unless you reach the next fee level. Note that some products are exempt from this commission structure.
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.
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