"Having built a flexible, location independent business that generates massive revenue through affiliate sales, Michelle is a model for having it all. Not only do I follow along for tactical strategies to improve my own affiliate business model, but for inspiration from the fabulous adventure-filled lifestyle her thriving business supports." - Stefanie O'Connell, Millennial Personal Finance Author, Speaker and Entrepreneur, Stefanieoconnell.com
The truth is much more complicated. It’s true that affiliate programs can be sources of phantom revenue and off-brand promotion. But managed properly, they can also make up 5-15 percent of online revenue and have an ROI among the highest of any online channel. CMOs are realizing that affiliate marketing can be an important part of their arsenal and are integrating the channel into their overall marketing strategies.
Affiliate marketing is an ideal solution for those looking to gain control of their own income by focusing on performance-based revenue options. Working in tandem with a seller, a motivated affiliate marketer will be able to achieve a passive income from the comfort of their home without worrying about producing their own product or service. Although the success of the job does depend on the affiliate’s marketing skills, it can prove to be an effective way to meet your income goals as either a primary career or a profitable second job.
I’ve put together a free 7 day fast-start guide to earning your first dollar online. Go access this free affiliate marketing training. You’ll discover why internet marketing is by far the funnest and easiest way to earn passive income each and every month. Please note that I did not use the word ‘job’. There’s plenty of work involved but it will never feel like a job to you.
No. Before you get too excited, you must understand one very important thing. Affiliate marketing for beginners can be hard. It is, after all, a business. It is not a get rich quick scheme, and no honest affiliate manager will ever tell you it is. It requires patience, perseverance and heaps of learning. Sometimes it can take years to achieve the results you really want to see, although with the help of our affiliate management team, we hope you would see them much sooner than that!
It’s critical to think about the big picture when it comes to affiliate marketing. Sometimes that means turning down money-making opportunities that aren’t a good fit for your audience. However, if you’re endorsing a product that solves a problem, that you’ve actually used and can recommend, it can be a win-win for both you and your readers. Continuing to recommend quality products to your readers can lead to a more sustainable and profitable business long-term.
It’s important to choose a niche that you either know alot about or are passionate about. If you come across as inexperienced or unknowledgable your visitors will likely go somewhere else – fast! An example of a product review site is consumerreports.org. This is also a good example of how NOT to start your own review site. Start by focusing only on a small portion of your market and not the entire enchilada or you’re going to be invisible to your prospects.
HI Spencer, just found your blog…very thorough and interesting to read. I am going to mention it as one stellar example of Amazon affiliate marketing on my newest blog to inspire my subscribers. I’ve used Long Tail Pro keyword tool and promoted it (got some affiliate sales because it’s THAT good)…and it’s nice to see a face to match with the tool. Awesome results you’ve had. Congrats! I’m really glad to see you post “real-world” case studies of what it looks like when you and others are just getting started. Often, we expect overnight success, but the reality it that it takes consistent, focused action. But, oh boy, it is worth when it starts paying off. Thank you for the inspiration your blog is providing for me personally, and all those that follow! Have a grand October – Warmly, Kristie
An affiliate marketing program is a lot of work, and in most situations there's a lot of competition so you're not going to be bringing in money immediately. Business owners and entrepreneurs suppose that all you need do is setup a site and choose an affiliate to associate with and then just let it run its course. But according to Three Ladders Marketing, only 0.6% of affiliate marketers surveyed have been in the game since 2013. That means that affiliate marketing takes time and effort to build and make money.
Most of the traffic for your affiliate website will come from product related searches, and product reviews. Generally, these will be more long-tail terms such as, “Blendtec 570 vs Vitamix 5300”, or “greenworks mower vs black and decker”. The traffic coming from keywords like these will be very targeted, as the searcher has the intention to purchase something.
With possibly the most transparent affiliate network online, we give affiliates access to stats no other program dare, including earning data, conversion stats, demographic information and seasonality trends. With ethics and consumer protection being high on the agenda, you can rest assured when working with MoreNiche you are working with an honest, trustworthy and transparent company.
He is the co-founder of Neil Patel Digital. The Wall Street Journal calls him a top influencer on the web, Forbes says he is one of the top 10 marketers, and Entrepreneur Magazine says he created one of the 100 most brilliant companies. Neil is a New York Times bestselling author and was recognized as a top 100 entrepreneur under the age of 30 by President Obama and a top 100 entrepreneur under the age of 35 by the United Nations.