For all the growth in affiliate marketing, the researchers found that less than 1% of videos and pins in their random sample had affiliate links attached to them. Some categories had a significantly higher percentage of affiliate links though, such as science and technology videos on YouTube which averaged 3.61% and women’s fashion on Pinterest, which had a rate of 4.62%.
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.
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.
This is the most important step in creating a successful YouTube channel. This does not mean, however, that you need a professional video editing studio and a $5,000 camera. While it is important to have clear and well edited audio and video, the most important aspect of these videos is the actual content itself. Providing a high quality, detailed and honest review of a product can be the determining factor of whether or not someone will purchase that product.
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.
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."
One of the prime reasons that social media is highly preferred because it does not demand any cost, at least for the basic features. You just need to create an account, add your group (family & friends), become familiar with the features and follow those people, who have the same interests like you. These platforms are free of charges, but you are supposed to invest both time and efforts. You need to run your social media campaigns for three (3) months approximately and you are required to devote hours for it.
Second, you need to nurture your email list. Michelle didn’t even start an email list until she had been blogging for 2-3 years and only began focusing heavily on it last year. Those email subscribers are your loyal followers, your tribe. They are the ones who want what you have to offer and will become your customers when you are ready to sell something, whether that’s through creating a product or through affiliates.
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.
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.
Review: If you're a do-it-yourselfer running your own Shopify store who doesn't have much website coding experience, are working with a limited budget, or want to test the waters with an affiliate management software that's easy to setup and get running, I recommend checking out Affiliatly. Plans begin at $16/month after a free 30 day trial and every plan offers the full suite of features, limited only by the number of affiliates allowed. Even though I recommend this software for budget-conscious startup stores, it's actually quite feature rich and would be great to run your mid-sized affiliate program too. I use Affiliatly to power the affiliate programs on a couple of my print-on-demand t-shirt stores. Anytime I've needed help, the support team has responded back within a few hours, and I've never had any hangups with the software. Affiliatly is one of the first places I recommend looking for new store owners.
Yes – when creating your social network user name and profile, be aware of copyrights and trademarks, both Amazon’s and those of others. As stated in the Associates Operating Agreement, Associates may not take any action that could reasonably cause customer confusion about our relationship with you or misrepresent the relationship between us and you. Using a user name or id which includes Amazon’s Proprietary Terms, like “Amazon” or “kindle,” or using our logos and other trademarked content on your profile may cause confusion by those accessing your profile and also misrepresents the relationship between us and you. Furthermore, as an Associate, you’re also responsible for ensuring that your content doesn’t infringe on the intellectual property rights of others. For more information, please review the Associates Operating Agreement.
A decent computer. Making videos can consume your computer's processing power and RAM. If you're making long videos, doing lots of editing and recording, your computer will need a good CPU and a decent amount of ram. A good idea is to test your current computer out and see how you get on. If you find video capturing to be sluggish or video editing software keeps crashing, it's usually a sign that you need a better computer. Upgrading RAM is very easy and cheap to do; but a good high-end CPU can cost north of $200 these days.
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.
f you don’t already have a Shopify account, don’t fret—it’s easy to acquire. Their free trial lasts just as long as LeadDyno’s does, allowing you to test their services out before fully committing to the registration. We highly recommend at least checking out their free trial first. Simply log in to their main site and enter your email address to get started.
To stray from the legalese for a moment and put a bow on all this, there are a couple other things that suggest that using affiliate links is acceptable. For one, highly successful channels have, and continue to, feature affiliate links. Secondly, everyone benefits from quality content that is enhanced by affiliate links. YouTube gains videos and viewers that they can monetize, Amazon (and other businesses with affiliate programs) gains a new inlet to their shopping site, the viewers get entertaining and informative content that offers them a way to buy what’s been discussed, and the content creators (you) are rewarded for hard work and creativity. In a situation where everyone wins, it is hard to see why anyone would want to fiddle with it.
Affiliate marketing has now invaded Hollywood? We know it invaded US politics in Washington as some politicians (current and retired) are silent affiliate marketers or in MLM. Maybe we can look forward to hearing in the next few years about more celebrities going from actors and actresses to home-based affiliate marketers. Wouldn’t that be something?
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.
In the past, bloggers could only promote affiliate products via Pinterest indirectly by linking to a blog post that contained affiliate links. But now, if you are a blogger who has already joined affiliate programs for your favorite retailers in your niche, you can now share your affiliate links directly on Pinterest. That means that instead of creating a post to drive readers to, you can now pin and image of a product you love with your affiliate link on Pinterest. You can see an example of one of my “affiliate pins” below.