Many affiliate programs will often run promotions with good discounts or giveaways that might be attractive to your audience. For example, if you're an Amazon Associate and the site have a big Holiday Sale, it would be the perfect opportunity for you to promote discounts to your website visitors. This is a great way to promote your offers while also providing good value to your audience.
Nick Loper is a veteran affiliate marketer, author, and a lifelong student in the game of business. His latest role is as Chief Side Hustler at SideHustleNation.com, a growing community of part-time business owners. Need a leg-up in getting your biz off the ground but short on time? Grab Nick’s free "Cliff’s Notes"-style guide to the world’s best business books here. Follow Nick on Twitter at @nloper.
The fit must be right between you and the merchant who is going to benefit from your promotional efforts, or it simply won’t work. The easiest way to begin with affiliate marketing is to select an affiliate network. Many affiliate networks exist, some which are tied to well-known companies like Amazon, Google, and Apple, while others specialize in specific types of products and services.
Financial services provider, Wells Fargo, launched their affiliate marketing program with the goal of expanding credit card acquisition beyond current customers of the bank. Rakuten Marketing designed an affiliate prospecting program that focused on building strong relationships with publishers and educating them on the products offered. This approach was aligned with creating compelling consumer-facing offers that would appeal to a publisher’s audience.
In effect, VigLink works as the middleman between a publisher (blogger) and merchants by scanning the publisher’s content and automatically creating links to publishers that are chosen “in real time” based on their payout/conversation rates. This makes VigLink a very hands-off affiliate program for publishers who prefer to focus on content instead of managing their affiliate links.
Giving away a free informational product such as an e-book, an email series or a mini-course is a popular tactic many affiliate marketers use. Usually, your readers will have to provide their email addresses to receive the product from you. You can then use this to sell to them via email marketing. Additionally, an informational product can generate interest in the actual product you're trying to sell. If your product is popular enough and brings enough traffic to your site, you could also monetize the traffic in other ways, such as AdSense.
SellHealth — SellHealth is a health affiliate network. It’s free for affiliates to join, should their applications be accepted. All of SellHealth’s sales are made through company-owned websites, meaning affiliates don’t need to facilitate sales on their own sites. This eliminates the possibility of error and increases consumer trust, as they are sent to a legitimate brand site to complete their purchases.
Another one of the highest paying and most popular dating affiliate programs is eHarmony, which is based on the actual earnings that can be made from each referred sale. Up to $188 can be made from a single sale. In general, the members at eHarmony are typically looking to find serious long term relationships, so many of them are willing to pay extra to find similar people.
It’s worth mentioning that Harsh started this blog in 2008, so he’s had roughly nine years to build it up to where it is now. So don’t expect to achieve results like this in a few months. That said, you can achieve a highly respectable income from affiliate marketing within a few short months if you approach it in the right way and have access to the right training.
He put only very little effort on building this site but it makes him thousands of dollars every year “on autopilot” (=passive income). I think creating this site took only like a few workweeks in total. We can certainly say it was success. You can take a look at the process how Jay built the site on Wealthy Affiliate live training archive. (I’ll leave a link below.)
Another way to think about an affiliate marketing niche is as a group of people with a similar interest or problem. This is good way to think of niches for marketing, as you’ll be offering products to satisfy their passions or needs. There’s a balance between choosing an affiliate marketing niche you’ll be able to compete in and there being enough market size for you to generate good profits. If you choose a market with just a few thousand people, it could be very hard to make enough money to justify the work required to reach them.
Also, do some research on the opportunities in this market. What is the existing scene? Who is the competition? What data is available to tell you how lucrative this market is? The ease of selling will vary from market to market, as will the percentage of profits. Some companies may offer you a higher cut of the profit because their products are more difficult to sell. Determine what kind of selling experience you’d like to have, as well as the type of profits you’d like to see. Use those factors to inspire niche.
Creating a unique tracking ID for an Amazon link is easy. Simply log in to your Amazon affiliate dashboard, click “Account Settings” at the very top on the right, then click “Manage Tracking IDs”. From there you can make a new tracking ID so you can track which web page/campaign sold what. You can learn more about using Amazon’s Tracking IDs here.
For example, if I talk about how cool a product is, and then you find out that I’m an affiliate for them, wouldn’t you as a conscientious observer become skeptical as to whether my information is biased, if perhaps I’m only saying how cool something is because I can get paid for it? Wouldn’t that make you question my integrity with other things I say as well?