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.
The phrase, "Affiliates are an extended sales force for your business", which is often used to explain affiliate marketing, is not completely accurate. The primary difference between the two is that affiliate marketers provide little if any influence on a possible prospect in the conversion process once that prospect is directed to the advertiser's website. The sales team of the advertiser, however, does have the control and influence up to the point where the prospect either a) signs the contract, or b) completes the purchase.
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.
Some advertisers offer multi-tier programs that distribute commission into a hierarchical referral network of sign-ups and sub-partners. In practical terms, publisher "A" signs up to the program with an advertiser and gets rewarded for the agreed activity conducted by a referred visitor. If publisher "A" attracts publishers "B" and "C" to sign up for the same program using his sign-up code, all future activities performed by publishers "B" and "C" will result in additional commission (at a lower rate) for publisher "A".
Know when (and when not) to use Viglinks and Skimlinks. If you applied to an affiliate program but were denied, you might be able to still be an affiliate for that advertiser through a secondary affiliate program like VigLink or Skimlinks. Basically, they themselves are affiliates and will split their affiliate commission with you if you put their affiliate link in your content for an advertiser. Obviously, the commission rate is lower for you in this case, so if you ever are accepted into the advertiser’s affiliate program directly, immediately switch from using VigLink / Skimlinks affiliate links to your own.
Pat provided both the foundation to understand what works with affiliate marketing, but he went further with recipes to create your marketing efforts with different types of products. Each one of these recipe books provided multiple ways to approach my marketing efforts. That was a lesson in itself—don't just do one thing when trying to market a product you recommend to your audience.
Totally awesome Gael. Thank you so much for sharing. Yes, the per-engagement presell sequence strategy is the way to go in 2015 - pulling folk in with front end value content building that all important relationship factor and enticing them to opt in for more..., then offering them a solution at a lower price as it's the first offer on TY page...and then promoting the opt in throughout your posts starting out with the problem, then turning it into finding the solution (as you have done above, lol!), plus Outbrain to LINK relative content, AND get affiliates on board + repeat with many blog posts and many offers, specially ads via FB and Pinterest Pin posts - man this is a powerful win-win. Makes SO much sense to me - am doing this right from NOW...Will be following your CB success and I'll report back mine... R.
In the past, many affiliate marketers focused on a catch-all approach, offering traffic up to hundreds or thousands of sites, even if they had little authority or traffic to give. But in 2018, advertisers will laser their focus into smaller groups of highly credible, targeted, and popular influencers. To map your strategy, focus on a few key influencers in your industry. Start with them, then nail your niche before expanding outward.
After being accepted into an affiliate program, marketers receive a unique URL that includes their affiliate ID. They share that unique URL with their subscribers, site visitors, and social networks via text links or ads. When someone clicks on that link, affiliate software records that click and any resulting product sales in the affiliate’s account. When commissions reach a pre-determined threshold, the affiliate is paid.
I got a question about the funnel. You were talking about the first page to be a blog page. I interpreted it as having you own blog(website), that should compete with other expert website. I was wondering if the first step of your funnel can be the opt-in page. The blogs that refers to the opt-in page are guestblogposts on expert websites, so multiple ways of traffic and seo. So you are only building an opt-in page, thank you page, landing pages etc on your website, but no blog to become an expert. Is that something you can do? Or is that not Google friendly or most expert websites are against?
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!!!!
Both merchants and affiliates need a plan on how to implement affiliate marketing in their online presence, how to develop a strategy to increase performance, as well as to explore benefits they can achieve with this kind of promotion. Each of these concepts is covered in this course. Management of an affiliate program is a chapter dedicated to merchants with tips on how to monitor the program and successfully communicate with the affiliates. Suggestions on popular affiliate programs to join is a chapter for affiliates where they can find interesting affiliate programs, alongside some of the most important features for each of them.
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.