There are many ways to make money with your videos and one popular way is to make money is to combine YouTube videos and affiliate links. If you have an active channel on YouTube are building subscribers, and like to upload regular videos about anything, you can turn your video views into constant income for you. Many people opt to use the YouTube ads program to make money out of their videos. This is the most standard money making program on YouTube but it may not provide much of an income in the long run. For hundreds of views on your videos, you might only make a few cents out of your YouTube ads.
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.
Skillshare is a platform that provides it's users with high-quality video tutorials that they can then apply in real life. With Skillshare, you can earn $10 in commission for every new customer that signs up for a membership or a free trial, and the software that Skillshare uses can track your referrals for 30 days. So long as you can demonstrate that you have at least one channel and audience that is aligned with Skillshare's brand. Skillshare is a particularly popular site at the moment, and shouldn't be hard to suggest to your audience, as they offer excellent tutorials and free trials.
Re-sharing content from people in your existing network helps deepen engagement with them. Valuable followers are active followers. Additionally, you help them by sharing their content with your network. In the future, those people in your network whose content you have shared will be more likely to share your content in return. After promoting thought leaders and other members of your network, you can share a self-promotional item with confidence that your audience will receive it well.
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Social media is creating brand new paths to success for affiliate marketers, for whom this means targeting their audience with relevant offers. In days gone by, SEO, paid ad campaigns and getting backlinks from relevant sites were the main methods used to generate traffic and interest. Changing the landscape today, social media has emerged as a quick and free way in which to drive traffic to an affiliate site.
I want you to remember too that affiliates don’t have to only be products or digital goods, they can also be courses and services from people you respect and want to promote. If you’re like me and your ideal clients are business owners, maybe you’ve worked with a web designer that simply knocked your socks off, reach out and establish an affiliate relationship if one is not already setup.
The tool LiketoKnow.it (owned by rewardStyle) capitalized on just that, and has created a pretty neat affiliate marketing program for Instagram. It’s application/invite-only, meaning you have to apply and be accepted for their program (which can take months), but if you get in, it is well worth it. It was originally created for fashion bloggers, but now has branched out to several different types of content:
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.
So instead of paying all this overhead up-front, you tell your mom who has a weekly book club that if she mentions your lemonade to her friends and sells a cup, you’ll give her 5 cents for each 25 cents you earn. This way, there is less risk (since there are less up-front costs), and you only pay out the commission if and when your mom actually sells a cup.
Shopify is a very popular site building platform for people interested in building eCommerce stores. It has been around for the past few years and seen significant growth in its user base over this time. You can earn a staggering 200% per sale for every new customer you refer to them, which means that there is up to $2400 per new customer on offer.
If you want to go deeper, again, social media listening is your friend. I mentioned Twitter above as a platform where you’re welcome to interact with strangers. Set up your queries in such a way that you’ll be able to find relevant conversations. For example, if you’re promoting an app to enhance productivity, set up such queries as “how to improve productivity”, “productivity hacks”, “apps for productivity” and anything else that your brain can come up with. You can do the same for your blog. With a Boolean search mode, you’ll be able to customize your queries to find people who’re looking for recommendations, conducting market research or even complaining about competing products. Once you found these posts, you can offer them a solution with your affiliate link (again, be nice and natural).
The idea of making money while you sleep is nothing new. Passive income has been a popular buzzword for the past couple of years. One way to generate such passive income is with affiliate marketing. If you want to earn money but don't have anything to sell, affiliate income comes into play and can leave you making some pretty decent change each month.
Murphy also says, "Twitter demographics offer a wider and more conversation-based audience when compared to Instagram, blogs and so on." In most cases, if you're a member of Online Affiliate World, you'll have your own website - but what you write on there is only part of a wider content marketing strategy. If you want new users, and you want them to click on your affiliate offers, you need to attract them there.