Affiliate marketing is one of the most popular ways people make money online. It is a strategy where an individual partners with a business in order to make a commission by referring readers or visitors to a business’s particular product or service. But that really is quite a simple explanation. To be really successful at making money with affiliate marketing there is a little more to it.
Epic post! I've been hunting around various sites like Pat Flynn's and others, but they never put everything together as you have. Now it starting to make sense for once. So, I'm a newbie and don't even know the different between internet marketer and digital marketer or what this type of business is even called. I just want to learn this business and create a small passive income online in any niche. Because I know very little, I was actually planning to use this very same Sales Funnel in your diagram and all the tools mentioned to make my first couple of bucks online.
Affiliates work to introduce their visitors to the merchant’s brand. They might write a post about a new product or promotion on the merchant’s site, feature banner ads on their site that drive people to the merchant’s site, or offer visitors a special coupon code. If people come from that affiliate’s site and make a purchase, that affiliate gets paid.
Watch them. How are other content creators in your niche utilizing advertising? What types of ads do they use? What are they promoting? What do they talk about repeatedly (if you keep seeing the same affiliate product show up again and again, there’s a good chance they’re making good money from it)? If you see a product or service they talk about that jogs your memory and you can ethically promote it too, find affiliate information by the methods described above.
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.
"Reading Michelle's income reports each month made me realize the huge potential there is to make more money online. Even as a blogger with an established site over 8 years old, I knew that there was so much that I could learn from Michelle because she's had such incredible success! Watching her income climb each month has really motivated me to change up my affiliate strategy and be more intentional with my efforts." - Jessica Bishop, TheBudgetSavvyBride.com
With the ability to rank organically in search engine queries, bloggers excel at increasing a seller’s conversions. The blogger samples the product or service and then writes a comprehensive review that promotes the brand in a compelling way, driving traffic back to the seller’s site. The blogger is awarded for his or her influence spreading the word about the value of the product, helping to improve the seller’s sales.