Just because you built a site and started promoting products on it doesn’t mean that you could start earning affiliate commissions right away. To generate affiliate sales on your site, you need to ensure that you’re attracting the right audience who would want to read reviews and recommendations on your site before purchasing the product you promote.
$40, $50, $60, more or less? Either way the figures start to add up. 124 (1500 word) articles x $50 = $6200, if not more. Now that is significant. Yes you could write these on your own to save costs, but would you want to, especially if you want to scale? Probably not… What had you earned up to this point? Break even, behind or in front. My point is this process potentially has cost implications that could restrict some people in starting on this journey?
Before jumping into starting an affiliate marketing business, learn all that's involved in making it a success. More importantly, if you decide to pursue an affiliate marketing business, or want to add affiliate marketing to an existing business, understand that it's not fast, automatic, nor without effort. Like all home businesses, you need a plan and daily involvement to make money with an online affiliate marketing.
Correct, some people won’t be able to replicate what I’ve done due to the costs. However, if they can write their own content, they can avoid the bulk of the costs. Average article price is around $30 to $40. Lets just say $40 x 124. That’s about $5000. So, I’ve definitely made my money back. And I’m now at $3,500 a month. Investing $5,000 to get a $3500 a month return is ridiculously profitable. Its almost insane.
Pretty Nice Article Gael. This is much better than playing the waiting game of 4-6 months for the site to rank in Google. Much faster to test the funnel right away with paid traffic and get leads in your funnel for future marketing as well. These funnels might take time to build initially but once set they are truly source of passive income unless offer is taken off.
Affiliate marketing is, essentially, a performance based marketing strategy businesses use to compensate or reward affiliates for each visitor or customer brought to the site by their marketing effort. You promote a product or products for a company – typically they will give you an affiliate link or code with which to direct these customers to the site – and they reward you by paying you a percentage of the sales generated by your recommendation. There are many different general sites that you can sign up with to get started, and many more sites within different niches such as wellness, makeup, clothing and so on that you can apply to sign up for once you’ve gained momentum and found what niche you fit in most.
Outbrain is not necessarily the network of choice, it was just an example. As for tracking the ROI usually you'll want to track campaigns in Google analytics and track clicks on affiliate links as event and average value/email or you'll want to duplicate the post and run paid traffic to the duplicate so you know exactly what the conversions are as you can put them in separate email lists etc too.
Aim for quality over quantity. Having a vast network of affiliates will not necessarily help you earn more money. According to some experts, the key to successful affiliate marketing is to find the right affiliates that will drive the most results for your platform. Those affiliates may be big sites, small sites, or a combination of the two, but the most important thing is to build and maintain strong relationships with your chosen affiliates.
Individual sellers and companies offering products or services have to deal with their consumers and ensure they are satisfied with what they have purchased. Thanks to the affiliate marketing structure, you’ll never have to be concerned with customer support or customer satisfaction. The entire job of the affiliate marketer is to link the seller with the consumer. The seller deals with any consumer complaints after you receive your commission from the sale.