I just received this book in the mail not too long ago, and although I haven't been able to put it down I find the organization a little confusing. I am very new to affiliate marketing. I mean, I know how to use HTML, blog, etc but I am no techie. I can follow directions without a problem, but what I find confusing about the book is that the author goes back and forth with information for individuals who want to become affiliates (and sell other people's products) and individuals who have products to sell (who are considering enlisting affiliates to sell for them) and for a newbie it gets confusing. I admit that even when I was trying to figure out if I should buy the book I couldn't really figure out who it was for. I would rather deal with one side or the other at a time in one book, but not both.
Focus on reviewing products that fall within your niche. Then, leveraging the rapport you have created with your audience and your stance as an expert, tell your readers why they would benefit from purchasing the product you are promoting. It is especially effective to compare this product to others in the same category. Most importantly, make sure you are generating detailed, articulate content to improve conversions.
Which affiliate marketing program or network you sign up for, whether as a merchant or an affiliate, will have a huge impact on the success of your sales. Some programs are niche and cater largely to a certain industry, such as technology/software or retail sales. Some programs don’t pay as well as others and will, consequently, result in lower income for affiliates over time. Some programs take a larger cut of profit than others, leaving affiliates with less income. Some networks just don’t have the same features as others and can leave merchants and affiliates with fewer resources.
One of the biggest challenges that new affiliate marketers face is coming up with a solid business idea. In The $100 Startup, Chris Guillebeau gives you plenty of ideas that should give you inspiration. He's interviewed over 1500 entrepreneurs that have built successful businesses starting with a $100 or less. From this group, he's focused in on 50 of the most interesting examples you can learn from. He shares their most valuable lessons and goes into the specifics so that you can apply them to your business.
Some affiliate products won’t have their affiliate information so readily available. If you can’t find an affiliates link on the product page try to the ClickBank Marketplace, and you should be able to find the product you’re looking for. For example if we try the keyword "Muscle" we'll see all the usual suspects. If we scroll down the page a little we can see another of the affiliate's recommended products “Muscle Gaining Secrets” you can see that this affiliate is earning $38.53 on each sale he refers from his page which works out to be 50% of the list price of $77 - not bad.
Affiliate Marketing is based on revenue sharing and is a type of incentives program. The goal of marketing is to build an alliance with a brand, product, service, or company, and market these services to people online. The Affiliated Marketing consultant shares in a percentage of the company’s profits in exchange for bringing them valued business and gained exposure. The same marketing advertising concepts used in television and print ads are applied here, only the platform that is used to entice and attract the consumers is on the internet.
Nearly everyone knows that some 25% of all online sales, and for many book titles 50% or more of their sales [source] happen on Amazon.com. Amazon also ranks books by sales, and I thought it’d be interesting to go to the e-tail giant’s website, and see what are the top five books on affiliate marketing. If we go there, choose “Book” as category, and search for “affiliate marketing”:
This site is an example of what many sites are doing these days. They are “niched down” into brackets of certain products, and creating an online multimedia experience in the form of an online magazine style site. There's lots of large pictures, some videos, and it looks like a true media property. Chances are that you'd need to hire a designer to get a similar look and feel for your own website if you were to attempt it. From a revenue perspective, this site is more than likely doing more than six figures in total revenue if I had to take a guess, just based on their organic traffic numbers.
While these models have diminished in mature e-commerce and online advertising markets they are still prevalent in some more nascent industries. China is one example where Affiliate Marketing does not overtly resemble the same model in the West. With many affiliates being paid a flat "Cost Per Day" with some networks offering Cost Per Click or CPM.
MuscleForLife.com is another successful website. I hate to call it an affiliate website, because really it's a true brand, and probably the truest form of what I'd recommend most people do if they have a niche they are passionate about. Basically, Mike Matthews started a fitness blog because he was passionate about fitness. I'm not sure about his credentials as a fitness mastermind – it's possible he has none. What he did do is write a book on what worked for him, and people followed him. Lots of folks have seen excellent results from following his workout programs, so because of the value he created, he sold lots of books.
Sometimes, individual entrepreneurs with great products are worth a look, although you should check them out first and do some research. Entrepreneurs or companies may run their own affiliate program and you can apply directly to them to promote their products and services. Finally, Amazon is always an option as you can be an affiliate for just about any type of physical product on their network.
Yaro Starak is the founder and writer of Entrepreneurs-Journey.com. Since 2005 through this blog, his email newsletter and in training programs under the EJ Insider Membership, Yaro has taught thousands of people how to make a full time income from blogging part time, how to buy and sell blogs and websites, and how to successfully launch an information product business. Follow Yaro on Twitter at @YaroStarak.
The above list of niches is in no particular order. These are all great affiliate niches to get acquainted with. So depending on which area of expertise you are strongest, or which category appeals to you the most – you roll with your own personal choice. But when it comes to choosing the most profitable niches for affiliate marketing, then we highly recommend the magnificent eleven that we will share with you today.
Deciding on your niche is the most important part to any affiliate marketer. If you set up a website in the wrong niche, then you may get a lot of traffic, but you will never actually end up getting any sales as you might have chosen a keyword that people only want to get free information, for example “affiliate marketing free” rather than “affiliate marketing fast”
Many thanks for your open words. Maybe online marketing / business really is not for all of us out there - at least not for exactly those hard working people mentioned by you, as these usually don´t have so much time beside their full time job and the family. So much about the countless promises from certain online marketers suggesting otherwise, saying everyone can do it - of course with some "help" - i.e. their very own products.
Number of estimated visitors: This data is just an estimate. I used the SEMRush Report and Similar Web for this stat. The estimated numbers of visitors varies A LOT. Take these numbers with a grain of salt. This post isn’t about the accuracy of the estimates or how SEMRush or Similar Web make the estimates. The estimates can give you a general idea about the scope and magnitude of the traffic, NOT the exact number.
The Wirecutter.com and TheSweetHome.com were sold a couple years back to the New York Times. They were both Amazon Affiliate sites, and that's where most of their revenue came from then, and still comes from today. When the sites were purchased, TheSweetHome.com was redirected to TheWireCutter.com as both sites had very similar content structures. The WireCutter dominates organic search results for a lot of buyer-intent keywords, and is also a “verified expert reviewer” by Amazon. The site gets huge amounts of organic traffic, and has gained massively in popularity and search positioning once it was purchase by the New York Times.
Nursing Scholarships receives 40,500 Exact match Local searches each month and has a CPC of $3.09 and has high advertiser competition. This is a great keyword to target as far as those 2 criteria are concerned. (Remember I am not even looking at the top 10 competition in this post). However, this site is ranking #2 in Google for its chosen keyword.
I’d stick with Amazon if I were you. All of my Amazon sites only have Amazon affiliate links. If you use Google Adsense display ads on your site, you’re literally taking people away from your site for the sake of just a few cents with these type of ads. If you direct them just to Amazon, then you have a greater chance of earning more money from that click.
I would personally agree with linkshare.com as a great affiliate marketing platform to join as a publisher. Here’s why. Back in 2005 when I knew nothing about affiliate marketing and was using blogger.com as a free blogging platform without any experience whatsoever and joining Walmart.com as my first official affiliate program, I was able to insert Walmart affiliate in its in my blogger blog and earn a $72 commission. I was onto affiliate marketing for life from there.
If you've been following me for a while, you probably know that nowadays, everything is about quality – not just from the website, but also the quality of the actual page on the site as well. You are unlikely to rank well for a competitive keyword with a 1500 word article and lots of links. Most articles need to be in-depth, and answer every question the user might have about the topic.
The Wirecutter is the best example of an affiliate site that I’ve ever seen. I wouldn’t even put it in the same category as what you’d think of as an affiliate site, aside from how they make their money. Brian Lam’s a great example of someone who sticks to a principle and then grinds it out to the nth degree. Can’t say how many times I’ve used that site (and TheSweethome) for product reviews.
HealthAmbition is a public case study website that was created by the guys over at AuthorityHacker.com. It's easily a 20K per month business based on their own admission, and they make their profit by display ads, recommended Amazon products as well as separate affiliate offers they push out to their mailing list. This has been a long term project owned by the Authority Hacker team, as they publish new content and test different monetization strategies.
Report and try again — One important aspect of being an affiliate marketer is looking back at your successes and failures to determine where to go in the future. If a certain product didn’t do as well as you’d expected, make note on that so you can properly analyze what went wrong. Was it the way you advertised? The product itself? The times you posted? Current events, such as the recall of a similar product? Any number of these could play a role in the success of your sales, but you won’t know which unless you analyze the data you’ve collected over time.
GOOD - A technique I've seen used quite a lot is the "Check Price On Amazon" link. Instead of displaying the product price, they display a hyperlink with anchor text of Check Price. This makes the buyer more curious to click the link and see how much the product is. And remember, Amazon have a 24 hour time limit before your affiliate cookie expires, meaning if the potential customer buys anything on Amazon within that 24 hour period of clicking your link, you're going to get a commission!
An elegantly straightforward process, affiliate marketing via reviews, blogs, social media, and other platforms is a new frontier in marketing that’s just waiting to be utilized. Follow the tips included in this article, and you’ll be able to engage your audience, convert passive readers into active consumers, and enhance your paycheck one click at a time.
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Do you have zero interest in an expensive mountain bike the company you are an affiliate of sells? Well, you probably don’t want to feature it on your blog, as it is extremely difficult to persuade readers (or anyone for that matter) that they should buy something you wouldn’t be caught spending a single penny on. When you are passionate about a product or–at the very least–interested in learning more about it, this will come through to your readers, engage them and better coax them to buy