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Many people quit because they don’t see money rolling in after 3 weeks. That’s the wrong mindset. Think long term. Pat Flynn of smartpassiveincome.com, who has made $4.2 million in affiliate sales, said at a recent conference that affiliate marketing is like planting seeds. You need to lay the groundwork to reap the benefits months down the road. I’d recommend you purchase McKinzie’s course if you’re 100% committed to doing the work. If you’ve read this far, then I’m sure you’re a go-getter who can crush affiliate marketing.
Social media has forever changed the advertising landscape. On platforms such as Facebook and Instagram alone, combined ad revenue totals well over $13 billion. Instagram reports over 700 million monthly active users, 400 million daily users, and is estimated to be a ten billion dollar industry by 2020, thus making it the most powerful social media platform with the most significant potential for affecting the affiliate marketing industry. The main goals of an affiliate marketer is to direct traffic to your site in order to, ultimately, convince web visitors to buy the product(s) being promoted. When drilling down on the biggest market of potential customers that you as an affiliate marketer can reach, Instagram and Facebook are the first places to look when crafting strategies through paid advertising on social media platforms.
You can set up a Tweet engagement campaign which will promote your tweets to other people’s timelines. You can choose a specific tweet to promote that perhaps has your affiliate link in there or perhaps it doesn’t and you simply want more relevant followers before you begin to send your affiliate link out. This does cost money but you can select your budget and even small budgets can have a fantastic ROI by the amount of people that see your tweet, interact with it, follow you and perhaps even go on to purchase one of your affiliate products.
By creating a favorite things page, you can direct interested parties from all of your social platforms to this page when they ask about anything you love or use. AND you can include that link in your YouTube description knowing that it can continually be updated and improved so present and future viewers of your videos will be able to see the updated version at all times.
As opposed to referral marketing, any affiliate marketing should be incentivized by an attractive commission rate and transparent rules. It is especially relevant to eCommerce newcomers: a solid monetary base can act as a means of building trust among prospective affiliates. If you want to prove the credibility of your new business, be generous when considering the reward.