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As anyone who has ever gotten curious about making some extra dollhairs online and read a blog post about passive income knows, affiliate marketing is one of the most popular methods for generating revenue from a blog. It’s easy, you can get started right away, and there are many different businesses who want influencers to promote their products/services online and are more than willing to offer a commission in return.
Previously known as Affiliate Window but now officially referred to as “AWIN” after acquiring Zanox a few years ago, this network claims to work with over 13,000 active advertisers and 100,000 publishers (affiliates). Founded in Germany, AWIN’s merchants primarily hail from Europe (especially Great Britain) although the U.S. network is growing rapidly. AWIN is currently active in 11 countries.
Hi, Steve! Thank you for sharing this. You’re right, I shy away from making videos because I don’t believe I can make one. I enjoyed watching the video that you have prepared; it was very explanatory. I also visited Animoto and I liked it very much. I want to start making my own video now and I hope I will be successful in creating and promoting it.
Early on in my stay, I was assigned the Affiliate Marketing beat, and I found that one of the best ways to familiarize myself with the industry in an efficient manner was through social media, specifically Twitter. I had bookmarked a ton of blogs and affiliate network websites, but it was the simple act of following various Twitter accounts (and occasionally talking with them through direct messages) that really helped me get a feel for the world of performance marketing.
FriendFinder is an adult-friendly network of dating websites that has a terrific affiliate marketing program, both in terms of customer service and commission rates. Because they rely heavily on affiliates to recruit new members, they treat their affiliates like true business partners. They have a solid reputation for payment and security, and have frequent special offers. Checking into your affiliate account at FriendFinder is always a fun experience, and often a profitable one.
“I came across LeadDyno a couple of months ago when i was unhappy with my existing referral partner software. After an easy integration i found the software really easy to use and their custom affiliate dashboard looked great too. As i built out my dashboard with banners and emails we encountered a few bugs but these guys were right onto it and provided a 5 star customer service for me (and was on the other side of the world from them, so they had to do out of hours calls and skype). “When i started digging in to the software even more i found a whole other area where it tracked leads and customers, where they were referring from and it now highlights areas on the web where my business is being talked about and i am able to participate or flag for later marketing opportunities. “The payment system is super easy to use too.my referral partners are stoked. Can’t recommend it enough.”
Like titles, one of the first images we see for your videos are thumbnails. Creating a good thumbnail is a delicate skill- you want to try and make the thumbnail stand out from the crowd but you don't want it to appear amateurish. Different niches have different standards for thumbnails. Gaming thumbnails will usually be very bright, big bubbly text and attempt to give off an "awe" factor. But informational videos will usually have simple thumbnails with elegant text so that they appear professional.
The researchers next investigated the text of content with affiliate links and analyzed whether they made any disclosures about their economics to users. Among content that had affiliate links, 10.49% of YouTube videos and 7.03% of pins on Pinterest had disclosures. Worse, the disclosure language recommended by the FTC was only included on roughly 2% of affiliated content across the two platforms.
They need a shopify plan (first 2 weeks are free, so if they do their store within one week they could actually get started for under $50, maybe less), They need a faceboob business account, which is free, and a budget of $5 per day for like 7 days (35$) to start promoting their products. As soon as they make sales, the money is directly in their paypal account (if using paypal), or there is a small deley to get their money in their bank account if they use shopify payments for example.
You can gain tons of potential traffic if you know exactly how to start affiliate marketing. Collaborating with the right affiliates can make your brand visible you larger audiences and drive quality leads to you risk-free. On the other hand, you can ask your existing clients to promote your products in exchange for a reward. In this way, such an affiliate-marketing model can boost engagement and make customers return to your store.
Michael, Great article. I was eagerly awaiting this one as I’ve always found Twitter to be the top social media platform for audience dev and to support business goals (like lead generation). I have NOT found the same with Facebook. Given that, perhaps we could publish a follow-up: Top 0 Ways to Make Money with Facebook. Or, 101 Ways to Waste Your Ad Budget & Man-Hours at Facebook! 😉
Shopify has three different account types as well as standalone third-party products like themes and apps. Commissions are paid for sales of any of these products, including users who sign up for a 14-day free trial and then convert to a paid account. Shopify also has a wide range of blog posts, webinars, and video tutorials that can be linked to with the standard commission paid on any sales that are generated.
Affiliate marketing is used both in business-to-consumer (B2C) and business-to-business (B2B) campaigns, but it’s far more popular among the consumer products industry. According to the AffStat 2016 Affiliate Marketing Benchmark Report, nearly 60% of affiliate marketers promote B2C, compared to 22% for B2C services and even less for B2B products and services.
Twitter is about the exchange of ideas in 140 characters or fewer. Crucially, unlike Facebook or LinkedIn, Twitter is often used by people who have never otherwise made contact with each other, in order to have tightly-focused conversations about things that interest them. This makes it perfect for growing your network, and thus growing your userbase - if you know how to converse.
So instead of paying all this overhead up-front, you tell your mom who has a weekly book club that if she mentions your lemonade to her friends and sells a cup, you’ll give her 5 cents for each 25 cents you earn. This way, there is less risk (since there are less up-front costs), and you only pay out the commission if and when your mom actually sells a cup.
When done correctly, YouTube affiliate marketing can be a great way to make a bit of extra money off of your channel. It may not be enough to live on, but it can certainly give you a little extra spending money. By being genuine and purposeful with your links, and signing up to programs that provide products or services that you think will genuinely benefit your audience, you are much more likely to get clicks and make commission, and in the end, both you and the viewer win. Before you do though, don't forget to read up on the do's and don'ts of affiliate marketing, as it's all to easy to get caught in a pitfall.
The tricky thing with Instagram is that it doesn’t allow links in your posts. I mean, you can put a link in your post, it just won’t work. Of course, you can tell your audience to copy and paste, but that would mean they have to copy the link, close Instagram, go to their browser… Too much work! It’s much easier to click a link and be done with it.
Marques Brownlee, who is mentioned in this post and featured in our Top Tech Reviewers, is a fantastic example of how to include affiliate links on your YouTube videos that actually provide viewers with even greater value. With such high quality, professional tech review videos, it’s easy to see why he has a YouTube following of nearly 3.5 million people, and receives well over a million views on many of his videos.
You can benefit from social media in two ways: by promoting the content which you create or putting links directly in your social media posts. Chances are you already use social media to promote your blog or website (if not — what are you waiting for?) But let’s face it – in this day and age people don’t always want to click a link to go to a website where you have to click more links. Nearly 50% of affiliate-referred traffic originates from a mobile device. And you know better than me, most of the time on your phone you’re checking Twitter or Instagram, not reading lengthy blog posts.
Creating a blog is also a great idea to along with your products. Not only does it give you the ability to showcase your products, but it keeps your readers up to date with upcoming products, promotions, descriptive posts, social media sharing, email list building, etc. Here is a FREE 7-Day email course on how to start a profitable blog if you are interested.
This is something you will hear from a lot of millennials - these are people who can get all they need from their smartphone. The old thinking - that websites were something you sat in front of a laptop to view - doesn't really hold up anymore. Murphy goes along with this, saying, "social media affiliate users are impulsive - they might not want to open a newsletter, for example."
About Youtuber Chris Mitty is an Affiliate Marketer and Technology Professional from the UK. He has sold a variety of products online, and works with some of the worlds largest organisations as a freelance consultant. Chris has studied and implemented a number of carefully thought out strategies, which has helped him build a successful affiliate marketing business off the back off Technology. He shares his advice on how to achieve the same level of success, if not better!