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 am absolutely new to the whole online marketing thing. I visited CB in 2012, then, it appeared overwhelming so I put it on the back burner. A week ago I revisited CB and ran two campaigns without a website nor blog . I went to Fiverr and had traffic directed to my CB ad. At this point, I'm just waiting to see if anything converts. I jumped in without knowing too much of what I was doing... I needed to take some type of action.
Affiliate marketing is an ideal solution for those looking to gain control of their own income by focusing on performance-based revenue options. Working in tandem with a seller, a motivated affiliate marketer will be able to achieve a passive income from the comfort of their home without worrying about producing their own product or service. Although the success of the job does depend on the affiliate’s marketing skills, it can prove to be an effective way to meet your income goals as either a primary career or a profitable second job.
Next, I’m going to walk you through the information that’s in this box, because this is a lot of information in this little box and it can get overwhelming if you don’t know what all these terms mean. The first thing you want to pay attention to is the average amount of money per sale. This is not how much the product costs; this is how much an affiliate makes on average for one sale of that product. When you look at the stats line, this basically drills that down into a little bit more detail. The initial sale is $20.65. Why does this go all the way up to $26.80? That’s because there’s a re-bill feature. What that is, is basically they buy the product, and then there’s an add-on or another option for that person to sign up to some membership site, and that’s how much they make on average from the re-bill. If you average everything together, this is how much the affiliate makes with everything considered.
It was by pure chance that I was reading an article written by a reporter. The article was about scams but at the end, offered the services of a Canadian Company. The company was called Wealthy Affiliate and they had been in business for 15 years and had at that time over 500,000 members and this somehow looked very serious. Today they have 760,000 members, which means they are certainly doing something right.
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.
Another thing to consider is that even if you break even on the first sale, you're still winning. All you need to do is create more content about other problems that target market may have following the same principle and queue them one after the other. For example if we target women that want to lose weight they may also have wrinkle problems, digestion problems, diabetes, aging problems etc. We can easily create a chain of issues we run the email list through, let them opt in for what matches their issues and make several sales to that audience.
Mistake #2: Using the “They must not be my people” excuse to be spammy. I’m not a fan of this common tactic. Here’s how it works: people send a huge number of sales/promotional emails to their list with no warning and with no easy way to opt out. When people complain or unsubscribe, they put it on them (“Oh well, they aren’t my type of subscriber anyway…”), instead of taking responsibility for the spam (let’s call it what it is). What ever happened to “treat others the way you want to be treated”?
Thanks for the great article. If i'm a manufacture/seller and want hire affiliate to promote our product, which are the most effective ways to do so? To be more specific, we're a start-up selling glass vessel sinks and high end kitchen sinks/faucets(www.arsumo.com).We'd like to give high commission rates for marketers to sell our product (10+%). Our product quality is great and we sell on wayfair and overstock currently but like to grow our own marketing channel. Thank you for your advise! I'm also considering to take your class to dive deeper into the marketer world.
This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies. In other words, the affiliate must actually get the investor to invest in the product before they are compensated.
If you like the sound of affiliate marketing as a business model, the course also provides information on setting up your own affiliate marketing business – becoming the middle-man. From the course, you’ll learn how to manage the day-to-day operations of the business, be exposed to some useful business management tools and resources, and gain an understanding of how affiliate marketing businesses are taxed in the UK.
Its amazing of the many affiliate programs that are out there where people are making a good living from them. For example the few that you mention that has such a great training model, wealthy affiliate tops them all because of the way this business is structure and I believe that wealthy affiliate has the best training program in the world when it comes to affiliate marketing. Thanks for sharing.
Every course Pat creates is an amazing experience. The content is only one portion of that experience. His continued support, encouragement, and countless hours of his time spent answering questions and guiding you during the weekly office hour sessions are absolutely incredible. If you are serious about about applying this information to your business, you'll appreciate the support, tips, and strategies provided for you.
I wish I could give more than 5 stars because this course deserves more stars. I have learned a lot by taking this course. I was able to complete two websites making them look half way decent because I used what was taught to create the websites in a matter of days. I still have to add content to the website but I was able to accomplish more by taking this course than I have by taking other courses. I really felt like I accomplished something by taking this course. I plan to watch it again several times. This course is great for anyone wanting to build a website. The website does not have to be an affiliate website. I advise everyone to use the same theme that he uses in the course. I will take more of his courses for sure. – Latoya Simmons
4. Zero Entitlement – This has been the death of many potentially successful marketers on the internet. Affiliate marketing is no get rich quick scheme — it’s a business that requires dedication, effort and hard work. If you feel entitled to earn money because you placed a few ads or you followed a guide and are expecting instant or guaranteed returns, you will be killed! Failure is just a lesson learnt and a step closer to success.
Let's do a little reality check here, I highly doubt you can buy traffic on Fiverr and have it convert on any ClickBank offer. Quality traffic is not acquired on Fiverr (that's for sure). Focus on building a value adding funnel like described in the post rather than looking for a shortcut. You can't just spend 5 bucks to make 40 in 5 minutes, I'd be a billionaire otherwise :).
If you are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.