Amazon Affiliates typically pays between 3-5% commission for each product sold. What will really determine how much you earn however is your conversion rate. This number is based on the amount of people that watch your videos and then go on to purchase a product you're advertising. This can be as low as 1% but others have reported around 8%. It really depends on your niche and the products your advertising.
Before we can adequately explain how to start affiliate marketing, however, let’s first examine the concept in more detail. What is affiliate marketing? Affiliate marketing involves partnering up with a more established ecommerce entrepreneur in your niche and asking them to promote your products to his or her audience. In return, you’d give the affiliate a percentage of revenue from each sale he or she generates. Affiliate marketing can be a great channel for first time ecommerce entrepreneurs because it’s one of the only marketing channels where you can get a 100% return on investment, every time.
Your Facebook page is your “face” (pun not intended, I promise). Of all your accounts, people will probably look up your Facebook the most. So what you share here is extremely important. It’s better to be quite mean with promotional content (of course, this doesn’t apply if you have a coupon website). The common ratio is 80/20 – that means that out of eight posts, two can be promotional. Compared with your other social media, you should be sharing the least amount of affiliate links there.
It is worth noting that you can also build unique URLs with your affiliate code that don't take readers directly to a product. Instead, it could take them to a collection of products, a content page, or some other intermediate step in the purchase funnel. The Creative Market Partner Program, for example, rewards you with a 10% cut of everything your referred customers buy for a full year. This means that regardless of whether they made a purchase immediately, or signed up and bought later, you will still get your cut.
While there are many different affiliate programs out there, I've put together this list of programs that I'm currently approved for and use for Pinterest affiliate marketing. I do also have two blogs, but when I applied to most of these, I specifically listed Pinterest as my “website” and specified that Pinterest would be my primary marketing channel. A few of them declined me, however, I called/emailed to inquire why. Once they understood why I didn't list a blog, they went ahead and approved me. If you apply and get denied – don't get discouraged! Send them an email or call them and find out exactly why. Also, be sure to review the TOS (terms of service) to see if Pinterest is an allowable platform for promoting their content. And remember, what you pin isn't about what YOU like or want! You have to really keep tabs on your analytics to find out what your AUDIENCE is wanting more of and find affiliate programs for those products!
Make money with Youtube videos – is it even possible anymore? While seasoned video entrepreneurs and video freelancers are making money in a variety of ways, it seems we all get our start on YouTube. YouTube is a website which allows its registered users to upload videos where they can be viewed, shared and commented on … Continue reading 7 Very Profitable Ways to Make Money With YouTube Videos
That being said, LinkConnector’s platform looks and feels outdated and is rather clumsily designed. Their dashboard also makes it difficult to find “hot” products or compare conversion rates, leaving affiliates somewhat in the dark about which products to choose. Ironically, despite their low-quality website, they offer some of the best customer service in the affiliate space.
The photo-sharing social network Instagram is a versatile platform for showing ideas and feelings, while promoting the values that your brand has. Because there is no restriction on the amount of text you can write below a photo, you can spend as much time as you want explaining an affiliate program, or perhaps just showing people how much fun it is to be playing poker, or to be trying casino games.
But that’s kind of the balance is you’ve got to balance like I’m developing an audience, but I need to make it sustainable. So sometimes it makes great business sense for you to go ahead and use an affiliate. And other times you’re like, you know what? Maybe not on this video because my main goal for this video is just to get it to rank really high.
Affiliate marketing on the other hand can be done with very little to no investment. The only investment is the domain name and auto-responder service like Aweber. You need to set up a opt-in page to collect email of prospects in return for a free gift and do your marketing in follow up emails that you set up in your auto-responder. If you want you can spend some money advertising your opt-in page or go the free route for promoting it. However, don't expect to make sales right away. It can take a while for sales to trickle in.
Obviously you shouldn't be spamming your videos everywhere, but making detailed posts/responses about your content that you think other users might find interesting. The more times your videos are shared, the more YouTube will see your video as useful and give it a boost in it's rankings. You'll also gain traffic from those shared videos, some can even be evergreen.
Yet, if you are still not sold on the payoffs of offering high commissions, remember that your affiliates are not just bringing you sales, they’re bringing you customers. You’ll have access to people who you can re-market to time and time again. Repeat customers have a 60-70% higher chance of buying from you compared to a first time customer, and they also give your store more word of mouth marketing. Thus, it’s best to do what you can to foster a strong, mutually beneficial business relationship with them.
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.
To build on that last point about commissions in the previous section of this post, it’s important to offer generous commission rates, especially if you’re just starting out. For example, proven top fashion sites offer commissions of up to 10%, and some early-stage stores would benefit from offering even more. When it comes to affiliate marketing for beginners, providing great monetary incentives is a key way to build trust and scale up your advertising efforts by scoring great affiliates.
Visitors to your website are already familiar with your brand to some extent, making them potential candidates for your affiliate program. Plus, this is where nearly a quarter of affiliate marketers find out about new programs. Promote your affiliate program on your site with a link in an out of the way but still easily accessible place like your footer, and create a page dedicated to the program and highlighting the benefits of joining. Here’s how Pooch Perks does it.
Keep in mind that it’s important to promote affiliate product links authentically. Refrain from being salesy and remember that your primary job is to help readers or customers find products that are useful, inspirational, and beautiful. Focus on sharing products that make your audience members’ lives easier, and you’ll naturally increase clicks and sales.
Facebook is seen as your company’s second website. The way the business pages are organized allow you to put pretty much all information a potential customer or follower needs to know about your business on the page. This means it’s likely that your Facebook Page is going to be your customer’s first stop when checking out your social media profiles.
People don’t want to read, ‘This-product-is-great, you-should-try-it-too’ kind of messages. Trust us, they are plenty on Twitter and nobody bothers to click on that link. A more subtle approach would be to tweet the link of the product review that is on your blog. The review must be balanced and tell readers how the product is ‘useful’. Obviously, you couldn’t have done justice to the product review in 140 characters.
Hi Jamie, awesome content that is very helpful esp with the resources, links and the rich discussions. Want to start e-commerce and blog for money…selling others products, want to go full on with this, tired of the daily routine crunch working for others. I live in a developing country (PNG) that has high internet costs (work still in progress with getting rates down…) so will see how I go with your posts. Any advise? Don’t have a website yet, have to build one I guess….
The easiest thing to do is to sign up for an affiliate marketing network like Commission Junction. They provide a marketplace where your affiliate program will be advertised to other affiliate marketers. They also provide the tracking software for your affiliates so you don’t have to build your own tracking system. In some ways this is better because it takes care of the trust issues. Affiliates are always suspicious of whether or not they’re getting credited for the sales they generate. By having an intermediary take care of transaction tracking and payments, the fear of being cheated is alleviated.
A great way to establish yourself within a community of content-creators, and bring more attention to the affiliate programs you're selling, is to draw attention to the efforts of others. Remember that, whoever we are, we operate on social media as part of a community, and the process of picking up followers and, we hope, sign-ups to our programs, is not a zero-sum game. You're not taking leads off the competition, you're developing new leads for yourself.
For instance, the authors of the study suggest that products like YouTube should have better native features to disclose affiliate sponsors. Placing disclosures though could dampen enthusiasm for some clearly high-engagement content. How then can companies build a framework for building ethical policies that follow FTC requirements while also ensuring their products reach the right metrics?
1. You can start with what you have; advertise your affiliate program to your current customers and try to recruit your current customers to join your affiliate program. The benefits of recruiting your current customers are: (a) they are already loyal to you and your product so they believe in it (b) you already have their emails and phone numbers so you can contact them and inform them about your awesome affiliate program (c) who doesn’t want to earn money on the side?
What does this mean? In this case, it means demonstrating your authority and/or expertise in the subject area on which your marketing will focus. So if you are looking to sell online poker affiliate programs, link to good-quality news content that you have written yourself, or that you have seen on a trusted source, and give your readers something they did not have, or did not know, before. This is a good, positive, way to establish your brand.
VigLink is an intermediary platform, so it can serve as a backdoor for affiliates who have previously been banned/suspended from working with other affiliate programs like Amazon. And while you can choose specific merchants or offers, VigLink can be set up to work automatically by scanning your published content and dynamically generating affiliate links, making it a great choice for established content producers who are looking for a simpler way to generate revenue via an affiliate program.
Better yet, Tailwind offers an affiliate marketing program that offers 15% commission on every sale. When you sign up as a Tailwind affiliate you get a cookie for your website that tracks all referral transactions for 90-days giving you 15% on all sales. In addition, the program offers dozens of pre-made creative assets that you can use to sell on your website.
If you use another URL shortening service, whether your Associate ID is included can really vary from service to service. Generally speaking, when using an outside URL shortening service, your Amazon Associate ID must be included BEFORE you shorten the URL. You should be aware that some services will add their own Associates tag to the shortened URL or remove your Associates tag altogether. Also, please be aware that some shortening services use their shortened URLs to frame the Amazon site. If the links you get from any service do this, or otherwise do not resolve to the www.Amazon.com domain in the address bar, you cannot use them in the Associates Program and you will not earn referral fees from those links.
When you first get started on Twitter, whether for your own personal use or for business use, it can feel a bit intimidating. You’re like the new kid at school and like it or not, the only way to make friends is to start approaching people and saying hello. YOU must take the initiative. Fortunately, it’s a lot easier and way more fun to do this online using Twitter than it is being the new kid at school.
Blend planned campaign posts with engagement. Schedule your branded and content posts at least one week ahead. Use scheduler tools to pre-post and then dictate the publishing time. Schedule time each day to check “mentions” of your account so you can respond quickly. Make some time to also interact with people sharing other topics related to your business.
That’s right: you can have the same conversion tracking, the same credit card acceptance, the same easy-purchase buttons all set up through your Shopify account, and integrating that account is as easy as a few clicks once you’re set up. What could be better? Until they invent “no-click” integration, we have absolutely no idea. Here’s how to Shopify affiliate and referral tracking—along with everything else—in just a few short steps.
The first question you need to answer is whether or not affiliate marketing is right for your product or service. There are two things you need to consider. First, have a look at whether your competitors are practicing affiliate marketing and how they’re doing it. If you see their products promoted by social media influencers and the like, it’s a good sign that affiliate marketing in your niche pays off.
Disclaimer: All content on this site is written for informational purposes only. Under no circumstances should any information from this blog be used as replacement for professional financial advice. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. MomsMakeCents.com is owned by MMC Media, LLC and neither are licensed by or affiliated with any third-party marks on this website and third parties do not endorse, authorize, or sponsor our content except where clearly disclosed. MomsMakeCents.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.
VigLink works a bit differently than other affiliate programs in that it is specifically designed for bloggers. Instead of affiliates picking and choosing which merchants to work with, VigLink uses dynamic links that automatically change to work with merchants that VigLink has determined are offering the highest conversation rates and/or commissions at any given moment.
The key, if you want to use Twitter for marketing, is to be as concise as possible. This doesn’t mean using a lot of ‘internet speak’ and acronyms, it means getting straight to the point when you post an update. There is no set rule for how many tweets you should send and how many should feature an affiliate link. When you post a link to Twitter you expect people to click on it but doing this all day, every day will only put people off.
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.
This article will be useful for content creators and website owners who want to learn how to market affiliate products through social media. Finding initial audience shouldn’t be a problem for you – there’s already an audience. If there are people who care about your content, they’ll gladly follow you on social media. The question is: how do you get more money from marketing on social media?
When you work as an affiliate marketer, creating social media profiles is always a great idea, Twitter included. When creating these profiles, make sure they correspond with your website’s touch and feel. This way, Twitter will feel like an extension of your online presence. Within the platform, you’ll be aiming at expanding your social media presence.
According to Nielsen, Internet users spend 23 percent of their time online using social media, and 70 percent of social media users shop online. Does your affiliate marketing strategy include steps to leverage social media? Finding the right ways to capitalize on social platforms increases your credibility, revenue and traffic sources. But where to start? Below are three best practices to leverage social media to increase traffic through your affiliate sites.
As you’ve researched and explored different solutions to this dilemma, you’ve probably seen the term affiliate marketing thrown around quite a bit. At this stage in your business you might be asking yourself, ‘What is affiliate marketing?’ This article on affiliate marketing for beginners will explain all the ins and outs of this important component to driving sales, and it will give you all the necessary information with regard to how to start affiliate marketing. After you read it you’ll not only have the necessary tools to know how to start affiliate marketing, you’ll also be exposed to some of the best affiliate programs of 2017.
Affiliate marketing is a process wherein you promote another company’s products or services and when sales increase, you earn a commission. Depending on the efficiency of your marketing skills, you can achieve great sales targets and ultimately make more money. Revenue is generated in affiliate marketing only after a specific action is performed. This action needs to be completed by a sale and only then will you get your payment.
Shopify is probably the most popular e-commerce solutions provider out there, but because there are so many products and options, newcomers can easily get confused. If you believe your audience has products to sell and could benefit from Shopify’s products and are able to elucidate the benefits of signing up for Shopify, you can definitely earn some big money with their affiliate program.
Leadpages claims that its affiliate program is not exclusively for affiliate marketers, which is true, but the narrow focus of this niche means that only professionals affiliate marketers will ever be able to earn significant income from the program. Leadpages’s affiliate program does offer quite a lot of different options (webinars, videos, blog posts, free marketing courses, etc.) to send referrals to, which can lead to higher conversion rates if done correctly.
Affiliate marketing can be a great way to build stronger relationships with customers and other businesses that you admire within your product niche. From these people, you can gain valuable insights into customer experiences surrounding your products and learn new strategies for growing your business. This is just a basic template for how to start affiliate marketing. Now, it’s time to try it out for yourself. We’re sure that once you get the hang of it, you’ll come to realize that the sky’s the limit when it comes to making the most out of this lucrative marketing channel.
We’ve seen many YouTubers (including very popular ones) who have links to their websites and Facebook pages in the description but don’t include a link to the product(s) they discuss. When an affiliate link adds value, don’t be shy about giving people opportunities to click on it. If you have content on your site, your social channels and your YouTube channel that is complemented by certain affiliate links, include those links in all of those places.
“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.”
Flexoffers is another huge affiliate marketing network. They pay you (the affiliate) a lot faster than others in the industry. It has more than 10 years of experience in the field. While they do not offer anything that is neither groundbreaking nor revolutionary, they do provide a solid array of tools and features that will surely aid you in your campaigns. In addition to the fast payouts, Flexoffers lets you choose from thousands of affiliate programs to promote, offers various content delivery formats, and more.
The online lead generation is a multi-billion dollar industry. Done right it can be far more profitable than many imagine. Everyone that I know that is in the business and knows what they are doing, for the most part, does 6-7 figures. While that's a huge range, much comes to one's ability to scale and effectively build / manage the infrastructure needed to scale.