Affiliate marketing is actually really simple; you promote, or even just mention someone else’s product. Then someone comes along, clicks the link you provide, buys the product, and you get a commission on the sale, which is sometimes as high as 75% of the price of the product! Affiliate marketing can be a powerful tool to make large amounts of money, without doing a lot of work. However, while affiliate marketing is an easy concept, you need to know what you are doing. There are specific, proven strategies and steps that you must follow in order to build a successful affiliate marketing business online. Lots of people try affiliate marketing for the first time and fail, because they don’t have the roadmap to follow.
The term niche, when used in the study of business, is used to define a business’s role in a market. Not only does its niche include the environment that a given business operates in, but it also includes the business’s “job” in that environment. A niche may also encompass how the business is monetized, how it interacts with consumers, and also how it interacts with other businesses and influencers within the environment, as well.
This is one of my favorite Amazon Affiliate Websites because it’s so freaking cool! These guys gather up the coolest gadgets, gifts, tech and oddities from Amazon and around the web to showcase on their website. These are gag gifts and fun gadgets people love to buy. They likely use a SEO tool like SEMrush to find great blog post ideas. This site uncovers the cool, often hidden, things of the internet and all you have to do is click on one of the Amazon Affiliate links to buy it from the Amazon store. ThisIsWhyIAmBroke works with more than just Amazon, but it’s one of their biggest revenue sources. It’s entirely possible to create a website just like this.
There’s a good reason why ClickBank is still a strong contender, however it does tend to focus more on digital products which may be of questionable quality. Yes, the review process is more professional these days, but it’s still primarily focused on selling digital products, especially “how to make money” courses and the like. That being said, there are some genuinely high-quality products on offer, and few affiliate programs are bigger than ClickBank, especially in selling (primarily digital) books.
The premise of the site is basically that it’s a tool for people who want to build their own computers ( usually gaming computers). If you’ve never done it, the difficult part about building a computer is almost always the research. New computer parts are coming out constantly, so you have to find the latest parts that also fit your budget and that are also compatible with each other.
Find your circles. Let’s say that you’re interested in crafts. It’s not a huge niche globally speaking, but those who are crafty likely love to connect with other crafters and see the latest and greatest products. Connect with circles in social media groups, forums, and so on. Build up your identity there and you’ll be able to see what is getting attention.
Thanks for another great post. Would mind elaborating just a little on, “you also need to be willing to publicly associate yourself with that niche…”. Should every affiliate site therefore have the author’s name and bio on an About page? What if the author is unknown in that field? Is it just a trust issue, that putting your name somewhere on the site gives people comfort that there is a real person on the other side?
Great article as it gets me thinking about the various ways to monetize my sites. With that said, my biggest hurdle has been how to get started building traffic. You see articles all over the net talking about massive traffic techniques, but I’ve never really found a guide for a fresh blog/website and how to get to their first 100, 500, or 1,000 daily uniques. Of course writing consistent quality content is key, but writing alone an audience does not make. Any tips or articles to point us to? Thanks again Sean!
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.
The football snack helmet website is so simple, so short and sweet, yet it works! I can now see that sometimes, just taking a simple idea, and focusing completely on it, not complicating it will work. You have the wheels spinning in my head. Kids tablets are very popular these days, you see kids with them everywhere to keep them busy while waiting, etc. The site is perfect, steers the parents to information about them, and helps with the buying choice. Another great example!
I’ve been in the ‘real world’ of marketing for 20-years. It’s only over the last 18-months that I have become a huge student of everything internet marketing related, as part of my quest to become a Virtual CEO – leaving me to not only live the life I want to, but continue to grow my brick ‘n mortar business, as well create and launch a huge amount of online business entities as well.
Being open and upfront about earning affiliate commission is another way not to appear pushy or as if you’re just trying to make a sale. This very useful and informative post contained a number of affiliate links and were I to want to buy one of those products or services mentioned, I would actively seek out this post and buy it through Sean as a way of saying thank you for such top information.
Reviews traditionally do a great job of converting (turning clicks on links into sales on the other end) for you. If you’re going to do a review, you’ll want to include at least one affiliate link to the book in the post. Unless you’re participating in an author’s blog tour or some such, you may want to avoid linking to the author’s various sites and social media pages. It’s up to you, but the fewer things in the post there are to click, the more likely people will click your affiliate links (you can always link to favorite authors in a blogroll list over on your menu).
Don’t just hope and pray that visitors will buy; setup everything correctly and make it happen! If you think that visitors will click on your affiliate links and buy just because you placed dozens of affiliate links on your website then you are wrong! You need to have a structured plan in place. Affiliate marketing is a business so you will have a much better chance of succeeding if you treat it like one.
These are some of the best books on affiliate marketing. Each one of these books have something to offer in regards to building your affiliate marketing business. They walk you through the basics of the affiliate business model, provide strategies on how to use various strategies like SEO and social media, and teach you how to think like an entrepreneur.
This doesn’t mean you only sell one product. This means you build out a brand by selling varying yet adjacent products. Over time, your consumer network might consider you a go-to for which type of vacuum they should buy. Additionally, some industries pay more than others. Especially if the product is a harder sell, affiliates may get a higher cut than they would for a product in higher demand.