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.)
The CJ Network is capable of tracking and processing an enormous volume of actions and transactions. In 2011 alone, Commission Junction tracked a total of over 3 billion website visits, 175 million transactions and over $6 billion in online sales.
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.
Honest affiliate marketing has always worked best for me, so I encourage you to do the same. I feel strongly that there’s a “right” way to approach affiliate marketing, and so I created a guide, Affiliate Marketing the Smart Way. It’s free and filled with all of my best advice on the topic.
Mistake #5: Promoting a lot of affiliate products instead of just a few. Once you start affiliate marketing, you realize how easy it is to share affiliate links. Instead of becoming an affiliate for a lot of different products and sharing them liberally, I recommend concentrating on just a few and sharing them intentionally. It doesn’t seem as spammy, plus you can be sure the products you do promote are closely aligned with your brand and message. Deep is better than wide.
An automated marketing program where a Web advertiser or merchant recruits webmasters to place the merchant’s banner ads or buttons on their own Web site. Webmasters will receive a referral fee or commission from sales when the customer has clicked the affiliate link to get to the merchant’s Web site Web site to perform the desired action, usually make a purchase or fill out a contact form. The most common types of affiliate programs include pay-per-click, pay-per-lead, and pay-per-sale.
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.
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.
Affiliate marketing is the process of earning a commission by promoting another person’s (or company’s) product. Products exist in your target market right now (that people are probably already buying) and if you can become the resource that recommends those products, you can generate a commission as a result.
Write honest, real reviews about products. Build up trust with your audience, and remember that they rely on your opinion. Don’t just point out all the positives of a product and gloss over the negatives. An honest opinion will be valued. Add compelling images and make mention of useful features, specifications and other details.
Affiliate marketing is something I’ve been doing ever since 2009 on an architecture related website, promoting an exam software product that has since generated $200,000 in commissions over the years.
Ultimate Bundles. Every year a huge bundle of products are released at a significantly reduced rate. These sales can be quite lucrative for affiliates. Click the link to see if any of the upcoming bundles are in your niche.
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.)
Be honest. Talk about what you like and don’t like. Be fair and build trust. It will serve you well later. For examples, check out my review posts about Elite Blog Academy and Self Publishing 101. I get emails frequently from people who tell me they decided to purchase one of those courses through my affiliate link because it was the most balanced review they found.
Welcome! Chances are, you’ve landed here because you aren’t quite sure how this whole affiliate marketing thing works. Maybe you’ve discovered CJ Affiliate by Conversant (formerly Commission Junction) while searching the web for online marketing solutions, or maybe you’ve heard of affiliate marketing but still don’t know: what is affiliate marketing? Thankfully, some good folks at CJ want to help you master the art of affiliate marketing and how to make more money online.
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.
Pay per action. Sometimes affiliates are paid when a customer completes a specific action. For example, maybe a company will pay you for every time someone signs up to their email list. Or maybe you get paid every time someone prints a coupon via your link.
Start out with finding your niche. Here are some suggestions: http://www.affilorama.com/blog/3-untapped-niches | http://www.affilorama.com/blog/grow-taller-affiliate-programs | http://www.affilorama.com/blog/stop-smoking-affiliate-programs |
It takes time to build trust. Even though it’s easy to become an affiliate marketer, you won’t make money without an audience that trusts you first. Building trust takes time. In that way, it takes a lot of patience up front.
For example, my audience is made up of people who want to start a blog and make money online but have limited time, budget and technical know-how. I can speak to this audience because that was me when I started 14 years ago!
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.
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.
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.
What is your opinion on affiliate sites like eduhire.me ? They provide random programs, but all of their programs are both via online AND offline stuff. How would one deal with that? Could you write a post on something like this?
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.
Finally, once your site is ready, it’s time to create content for it. The content you create must be relevant to your niche but also interesting and engaging enough to keep your audience coming back. You should also ensure the site content is search engine-friendly. More details about content creation in Step 4.
Low hassle / responsibility. As an affiliate marketer, you don’t have to deal with inventory, customer service, infrastructure, shipping, returns, follow up, etc. These are all the responsibility of the advertiser.
Use effective calls to action & hone your copywriting skills. Learn how to do them well. Read How to Create a Great Call to Action: 6 Tips for tips. Make sure you create catchy titles to draw people in. Make it personal, not sales-y. What would you be more likely to read? “Here’s What I Use to Build My Sites” or “Bluehost Hosting“?
Take advantage of affiliate program freebies when available. Many affiliate programs provide free printables, guides, webinars or other lead magnets designed to get potential customers in their sales funnel. As an affiliate, you can share these freebies with your audience using your affiliate link so if they eventually make a purchase, you’ll earn a commission, but if they don’t they still get value upfront.
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.
Don’t be afraid to offer suggestions to affiliate program managers. Be proactive in offering advice or expertise to companies you work with if you know of ways to improve their sales page etc. After all, it’s a win for you and them.
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.
Great tips, some of them I am already following. It’s little hard to start initially and have some budget in mind for paid advertisement. What do you think how much budget should be sufficient for new bloggers?
The products and services you will be promoting to your audience must be relevant and good quality. Make sure you believe in them and know everything about them, because this will be crucial to you delivering the sales pitch to your audience. You need to build trust with your audience so make sure the products and services you choose to promote are trustworthy enough.
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My question is that my traffic comes from USA, UK and NZ. What affiliates are good for international blogs. Most affiliates are for the USA market. Most NZ’ers don’t buy from Amazon as the freight is too high.
Along with that, Amazon is a complete SELLING MACHINE! What I mean by that, is they have drilled their conversion rates down to the last detail. Typically I can convert traffic I send to Amazon from my affiliate sites around 12%. The reason why it works so well is that the moment people land on Amazon, they are automatically switched into “buyer mode”. Meaning, they know the only thing left for them to do is BUY. What that means, is all you have to do is get people to Amazon’s site, and they literally do the selling for you.
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.
You don’t want to promote things unrelated to the content your audience is used to getting from you. It’s jarring and can decrease their trust in you. And without trust, your affiliate income will dry up.
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.
For example, if you routinely talk about grilling meat, recommending your favorite butcher knife is probably a natural fit. If, however, you talk about landscape design, your favorite butcher knife is probably not a natural fit.
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