I started my first blog back in June 2012 and that was the start of my fascination with making money online. In early 2015, I took a position as a collaborations manager for a small business coordinating their influencer marketing. During my time with them, I learned a lot about influencers as well as affiliate programs and how many of them were actually able to make full-time incomes from home via affiliate marketing. It blew my mind!
So I’d love for you guys to think about using affiliate marketing as a way of selling other people’s stuff. And if you’re going to talk about it anyway for free, you might as well use the affiliate link, which is usually the situation which I use it. But you can also make maybe a dedicated a channel about product reviews and things also. Or just consider making your own stuff that you’re going to sell as well.
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.
The owner and creator of one of best blogs about Internet marketing, Jeff includes affiliate marketing tips in his posts. He also has a regular stream of guest bloggers, and his entire operation is a textbook case study in how to do affiliate marketing right. He’s also, of course, really strong on social media, which can be a little tricky for affiliate marketers sometimes.
Every single brand has a different commission rate. So Amazon’s will go up to 10% depending on how many products you sell in a month. But some brands will only do 5%, and some will do 50. Some will do 20. So you’ll have to look in the terms and conditions of that advertiser to see what kind of commission they get and whether you want to work with them or not.
When you use LiketoKnow.it, you’re able to tag the products in each of your photos. Anyone who has signed up to receive LiketoKnow.it notifications will receive an email with each of the products and a link to buy it. And because LiketoKnow.it is a “subaffiliate network,” they work directly with the brands and you don’t have to worry about disclosures on your posts.
Once you’ve recruited your affiliates, you’ll want to keep tabs on them and the performance of your program. Regular communication is essential to establishing a strong affiliate program, and this can happen via email, as that’s the preferred method of communication for most affiliate marketers, per the AffStat 2016 Affiliate Marketing Benchmark Report.
PeerFly only has a limited number of products at the moment, but they have tremendous momentum and are growing by leaps and bounds. Their payout rates aren’t spectacular, but everything is upfront and transparent, and affiliate satisfaction is very high. PeerFly is perfect for authentic marketers who want to offer high-quality products to their visitors as opposed to “get rich quick” schemes and opaque offers.
So where do you start? Firstly, find online communities dedicated to your topic of interest (related to your website or a product you’re trying to promote). Join Facebook groups, Twitter chats and forum boards. Start to engage with people, but don’t go straight into promoting yourself or a product. Be nice, be fun and give genuine advice. When you feel like the conversation calls for it, insert an affiliate link and say why this product would help in this particular situation. That way people will trust you and will be more inclined to buy the product.
Five years ago, everyone was talking about how to properly use SEO for affiliate marketing. Sure, affiliate marketers are still leveraging Google and other search engines, but diversification has never been more important. Search engines are constantly changing their algorithms and how they rank websites. While your affiliate site may be ranking well today, that doesn’t mean it will still be ranking well next month. Relying solely on search engines can be a devastating mistake.
The affiliate program is simple and advantageous. SEMrush provides all affiliates with the promo materials necessary to advertise in five different languages. Then, from there, affiliates get 40% recurring commission for every new user, commission paid for every month, not just the first one. Anyone from webmasters to bloggers, marketing agencies, and PPC enthusiasts are invited to participate in the program.
I would personally agree with linkshare.com as a great affiliate marketing platform to join as a publisher. Here’s why. Back in 2005 when I knew nothing about affiliate marketing and was using blogger.com as a free blogging platform without any experience whatsoever and joining Walmart.com as my first official affiliate program, I was able to insert Walmart affiliate in its in my blogger blog and earn a $72 commission. I was onto affiliate marketing for life from there.
If you don't know, Shopify is an e-commerce platform that allows users to set up their own e-commerce site and become an entrepreneurs quickly and easily. By spreading the word about Shopify and encouraging your audience to sign up to it (using the link you provide) you can earn an average of $58 dollars for every user that signs up using your link. Shopify provides you with 24/7 support and links to blogs, video tutorials and so on that will help to explain to your audience what Shopify is and how it works.