A quick and inexpensive method of making money without the hassle of actually selling a product, affiliate marketing has an undeniable draw for those looking to increase their income online. But how does an affiliate get paid after linking the seller to the consumer? The answer is complicated. The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently. The affiliate may get paid in various ways:
For a slightly different take on the subject and figuring out how to get targeted traffic onto your promoted links, you must have a look at Affiliate Marketing: Instant Traffic to Affiliate Links. A quick look at the reviews will help you decide if this is the exact course you are looking for. Sometimes the right approach is what is required to make a campaign work, this one might just work for you.
I have developed what I think is a pretty cool 11-part auto responder series that solves a critical problem people have in my niche - it includes a number of affiliate links as well (although not clickbank - yet). I currently have a squeeze page set up which I'm driving traffic to through using FB ads, but I'm finding that I'm having to pay way too much for every conversion ( > $1.50 per conversion).
#2 High Priced. Another downside is that the course does cost more, a lot more. At $997 it does sound like a lot but I prefer not to look at the cost as a burden but rather an investment in my future. The way I see it if this teaches me how to how to build even a modest income of a $1000 per month for the rest of my life I feel the price is well worth it.
The next thing you want to take a look at is the bottom of the page. At the bottom of almost every page for Clickbank products, whether it’s a video sales letter like this or more of a text-based sales letter like this, there’s usually a little affiliates link. Basically, that’s a link to a number of affiliate resources that help you promote the product. You want to look for that, and then click on the link if it’s there. You want to take a look at basically what they offer you; so whether it is some banners to help you out, whether it’s a dedicated affiliate manager. If they make you sign up, you usually don’t have to do that. They usually have this ‘Already a member? Click here’, and you can just click on that and get access to the resources right away. In some cases, they have contest like this, and a lot of times they actually offer you a lot of things that can help you, like swipes and banners. Just look for things like banners, or creatives as they’re often called, and just take a look at them and see if they would be a good fit for your site. If not, no big deal; you can always go to Fiverr and get a banner made pretty cheaply. In general, I’ve found the more stuff that they give you to help you promote their product, the better, especially because when you’re first stating out, you don’t really know whether or not this is going to go well. It helps if they give you a quick banner that you can just throw up on your site to test the waters and see how well it converts on your site. If you see that they give you a lot of support in terms of creatives, then that’s a good sign that they’re going to be helpful when you actually sign up as an affiliate. Even if you don’t see a lot of banners, it’s not a deal-breaker; it’s just something that helps make the process of promoting that product a bit easier.
Some merchants run their own (in-house) affiliate programs using dedicated software, while others use third-party intermediaries to track traffic or sales that are referred from affiliates. There are two different types of affiliate management methods used by merchants: standalone software or hosted services, typically called affiliate networks. Payouts to affiliates or publishers can be made by the networks on behalf of the merchant, by the network, consolidated across all merchants where the publisher has a relationship with and earned commissions or directly by the merchant itself.
As Todd Crawford of Impact Radius puts it: “Marketers will need to monitor their vendors and partners for compliance with the GDPR. Vetting relationships will be extremely important, as well as ensuring that each party and your company have the appropriate consents and disclosures concerning collection, tracking, and processing personal data of your customers. Intelligent tools will be key for monitoring the types and treatment of covered data. As 2018 nears, it is essential to ask your vendors and partners whether they are or will be compliant by the May deadline, and to provide supporting details concerning their compliance efforts.”
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.
For those who want to figure out how to sell Amazon products and make money off it, this course on 2017 Affiliate Marketing + SEO Strategy could be ideal for you. It’s a quick course that teaches how to build an amazon affiliate website, brushes you on the latest SEO techniques but may not be enough if you are looking at an advanced curriculum. Details here.
One of the most sought after and highly recommended course is this one on Guide to Effective Affiliate Marketing Strategies by Kudus Adu. Not only does he focus on create an affiliate marketing strategy, he focuses on best practices to create money pages, tells you how to build your email marketing list and how to profit from it. He clearly asks people looking for ‘get rich quick strategies’ to stay away from the course. More details here.
Now most affiliate programs have strict terms and conditions on how the lead is to be generated. There are also certain methods that are outright banned, such as installing adware or spyware that redirect all search queries for a product to an affiliate's page. Some affiliate marketing programs go as far as to lay out how a product or service is to be discussed in the content before an affiliate link can be validated.
#2. Site Build It - Site Build It is my second choice for learning how to create an online business. The training is very good and you get one website with hosting included. There is no free option, which is one of the reasons that it is not my first choice. I started here back in 2007 and the education that I received was very valuable and helped me to achieve a great level of success.
In the first email I first send them the link to the lead magnet a second time (the excuse to email them) and ask them if they saw the offer (affiliate link). I then go on and give a bullet point list of why I think they should get it as well as maybe 1 testimonial to give it credibility and start easing into the emotional realm. I'll usually finish with a question, opening a loop making them want to open the next email.
Tip: Aim for products with reasonable commission. No lower than let’s say 40 percent, to make your efforts worthwhile. Also, you should note that ClickBank deducts transaction fees from a sale. Here’s a calculator to help you calculate your actual commission. More so, you need to remember to disclose all your affiliate links and mark them as nofollow. Here are a few reasons as to why you need to do this.
#1 Geared more towards selling on the Amazon Affiliate Program. One small downside I noticed with this course was that it was geared more towards selling products through the Amazon Affiliate Program. Don’t get me wrong Amazon’s affiliate program is great but there is so much more out there. However, all the info in this course can be applied to almost any other affiliate program.
Great tips! Since I just started blogging in January I am still really just getting my toes wet in affiliates. However, I did notice that pictures and real life demonstrations of the product really help. For instance, I have several food posts where I talk about my favorite cook books and show what I have cooked out of them, and then included amazon links, sure enough I sold a few cook books.