#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.
#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.
The concept of affiliate marketing on the Internet was conceived of, put into practice and patented by William J. Tobin, the founder of PC Flowers & Gifts. Launched on the Prodigy Network in 1989, PC Flowers & Gifts remained on the service until 1996. By 1993, PC Flowers & Gifts generated sales in excess of $6 million per year on the Prodigy service. In 1998, PC Flowers and Gifts developed the business model of paying a commission on sales to the Prodigy Network.
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.
Websites consisting mostly of affiliate links have previously held a negative reputation for underdelivering quality content. In 2005 there were active changes made by Google, where certain websites were labeled as "thin affiliates". Such websites were either removed from Google's index or were relocated within the results page (i.e., moved from the top-most results to a lower position). To avoid this categorization, affiliate marketer webmasters must create quality content on their websites that distinguishes their work from the work of spammers or banner farms, which only contain links leading to merchant sites.
I’ve learned so much with this course! KC Tan is an excellent instructor. He covers all the bases. Also, his facebook group and email list have both been a great value for me. I’ve made money using this method, and I’m hoping to start making even more by learning list building details in another of his courses that I just started. So glad I came across his courses. – Maya Brown
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.
Since you’re essentially a freelancer, you get ultimate independence in setting your own goals, redirecting your path when you feel so inclined, choosing the products that interest you, and even determining your own hours. This convenience means you can diversify your portfolio if you like or focus solely on simple and straightforward campaigns. You’ll also be free from company restrictions and regulations as well as ill-performing teams.
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. The two forms of marketing are differentiated, however, in how they drive sales, where affiliate marketing relies purely on financial motivations, while referral marketing relies more on trust and personal relationships.
Before jumping into starting an affiliate marketing business, learn all that's involved in making it a success. More importantly, if you decide to pursue an affiliate marketing business, or want to add affiliate marketing to an existing business, understand that it's not fast, automatic, nor without effort. Like all home businesses, you need a plan and daily involvement to make money with an online affiliate marketing.
Be sure to check what kind of customer support you can expect from your affiliate program once you have signed up. Do your research online and if possible, speak to other sellers using the program to get their thoughts. Can you speak to someone via phone or Skype or do you have to wait 72 hours for email responses? Be clear on this because trust me, you will need support at one point or another.
Ask for VIP (sometimes called “tiered”) commissions. Many affiliate programs have different commission levels. Usually the standard commission level is made public, but higher commissions are offered to higher performing affiliates. Sometimes you may be bumped up to “VIP affiliate” status by the advertiser, but most times you have to ask if there’s a higher tier and how you can get there.
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.
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.
Because of this drop in income, I have been forced to try out other methods and systems. recently I wrote a blog post promoting a clickbank product, then sent out a link to the blog post via email. Just cold - sent it out telling people to have a look at the post. I made over a hundred dollars from one email, in a single day. I have since been convinced that email really is the way forward. Imagine if I had spent the last year focused on collecting emails rather than getting adsense clicks!!!!