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.
Create threads and Facebook groups, hang out on forums and engage in relevant discussions. Don’t forget to respond to comments and tweets, involve your community in a conversation. And don’t be shy to use this repost/retweet button when you see someone else’s post that you like. All of this will make you visible to more people and will bring you more followers.
Alexis Grant is an affiliate marketer, but she’s got other business models running too. She runs a content creation company, a site for writers, and has a bunch of training programs and other excellent resources. But she also does a lot of affiliate marketing, and she reveals her earnings, which is extremely interesting. Check out her recent post, Affiliate Sales: A Realistic Guide for Earning Revenue From Your Website.
MaxBounty works exclusively with digital products, usually about giving one’s email or signing up for a newsletter. MaxBounty has CPA, Pay-per-call, and CPL campaigns that you can choose from. MaxBounty is involved in a large number of verticals, including market research, real estate, social games, finance, dating, and diet, but is primarily designed for marketers seeking to acquire new leads.
On Twitter, placing the hash symbol before a word or phrase is using what’s called a “hashtag”. This enables people with an interest in your keyword to see your Tweet, whether they follow you or not. Hashtags don’t have to be at the beginning or end of your tweet, either. You can place them wherever the most relevant word naturally sits in your sentence.
Edit the Youtube video you want to add affiliate link(s) to. Click the Annotations tab and “Add Annotation.” Fill out the required info including the time you want that annotation to appear (obviously it should be when you recommend the affiliate product). Near the bottom, add your cloaked affiliate link. Apply changes, then watch the video and test your link.
Once you have been following people for a few weeks, check out the list of everyone you are following. If you don’t see the words “Follows You” next to their name, you are not being followed by that person. If you don’t find their Twitter feed particularly helpful or interesting, feel free to remove them from the list of people you follow so you can add others. You do need to be a bit careful about this as constantly following and un-following large groups of people can be considered spam. I very highly recommend you read Twitter’s policies on following and un-following people.
On Facebook and Instagram, taking part in a conversation is generally done in a more indirect way, but on Facebook you can share links and posts and make a point about what you have heard or read, while on Instagram you can write about the reason you are posting on a topic, and put another side of the story onto a public forum that welcomes different viewpoints.
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.
The bulk of the offers that I promote pay around $20-$40 per lead, but there are others that pay more and less. However, you don't want to get caught up solely on what an offer pays because how well it converts is just as important. For example, if you have an offer that pays $9, but if it converts at 2X or more of a $20 offer, then it will perform about the same and possibly better. At the same time, if you have an offer that pays $90 and it converts poorly, it may not even be worth promoting.