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.
Affiliate marketing has grown quickly since its inception. The e-commerce website, viewed as a marketing toy in the early days of the Internet, became an integrated part of the overall business plan and in some cases grew to a bigger business than the existing offline business. According to one report, the total sales amount generated through affiliate networks in 2006 was £2.16 billion in the United Kingdom alone. The estimates were £1.35 billion in sales in 2005. MarketingSherpa's research team estimated that, in 2006, affiliates worldwide earned US$6.5 billion in bounty and commissions from a variety of sources in retail, personal finance, gaming and gambling, travel, telecom, education, publishing, and forms of lead generation other than contextual advertising programs.
The truth is much more complicated. It’s true that affiliate programs can be sources of phantom revenue and off-brand promotion. But managed properly, they can also make up 5-15 percent of online revenue and have an ROI among the highest of any online channel. CMOs are realizing that affiliate marketing can be an important part of their arsenal and are integrating the channel into their overall marketing strategies.
The Ultimate Affiliate Marketing Guide-has recently released there affiliate marketing guide, and it’s available for download on Amazon as a Kindle edition and on our website in PDF format. This ultimate ebook consists of over 60 pages of insightful knowledge about affiliate marketing, industry news, actionable affiliate techniques and answers to crucial performance marketing related questions.
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.