As I mentioned earlier, most of your monetization options are severely limited when it comes to social media. Direct selling, AdSense and advertising space sales are all out. It’s in this situation that affiliate links become exceptionally powerful. You can post an affiliate link on any social network, and wherever it travels you’ll be credited. Time to get a list of options together.
Kim Westwood is a global leader in Influencer Marketing, recognized by Convince and Convert, the American Marketing Association and the Influencer Marketing Days conference as an expert, particularly in the area of return on investment (ROI). She is the founder and director of Shopping Links https://shoppinglinks.com/ a global Influencer and Content Marketplace that provides managed collaboration services for leading international brands such as Marks & Spencer, Macy’s and Folli Follie.
Though a large following doesn’t guarantee a profitable experience, it generally holds true that the larger an audience the greater your revenue potential on Twitter. Unless you’re a well known figure or enjoying your 15 minutes of fame–like these guys–growing the number of followers will take a lot of hard work. Here are some tips to make it easier:
Before I really get into the meat and potatoes of this subject, I want to remind you that my YouTube channel is business-focused and I have a business outside of the YouTube channel and affiliates so I have to tread a fine line between promoting affiliates and promoting my own products and/or services. If you’re reading this and you have a blog or a YouTube channel and you’re considering the possibility of making affiliate income your main source of income, you can absolutely do this on a higher level.
Michael, Great article. I was eagerly awaiting this one as I’ve always found Twitter to be the top social media platform for audience dev and to support business goals (like lead generation). I have NOT found the same with Facebook. Given that, perhaps we could publish a follow-up: Top 0 Ways to Make Money with Facebook. Or, 101 Ways to Waste Your Ad Budget & Man-Hours at Facebook! 😉
In 2010 I started my first blog, I Heart Photoshop, to teach Photoshop tutorials and how-to’s to the basic hobby user. A year later, I had jumped ship on that blog and put on my mommy blogger hat. In those early days of blogging, I was like a kid in a candy store when I would receive even $5 from an affiliate link or relationship and I would have NEVER believed that I would ever get to the point where I could generate over $1,000+/month from affiliates.
I would not ever tweet specifically to sell a product, I don’t think there’s enough money to be made to justify that kind of annoying behavior. On the other hand I frequently tweet books I’m reading if I find them interesting. Before I knew about affiliate programs I frequently linked to products just to illustrate what I was talking about, now whenever I do that I use affiliate links. If any traffic does end up coming from my post I figure I deserve a piece of the pie for it, but I certainly wouldn’t go around posting things just trying to make money, that goes back to the best advice I’ve found for twitter newbies, “don’t be a dick.”
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.
If you would like to provide your affiliates with a Shopify coupon code that they can give out to people instead of giving them their affiliate link, this feature is what you would use. When this feature is implemented, if a customers uses an affiliates promo code, they will get a discount for their purchase and the affiliate will get credited their commission for referring the sale.
Why is it that in most European, North American and South American companies, it's considered polite to get to know a potential business partner before signing a deal? Because by conversing, socializing and being friendly with that person, he or she is more likely to sign on the line, and then to continue doing business with your company for longer thereafter.
Today on the show, I’m talking with Michelle from Making Sense of Cents. Michelle and her husband sold their house in July of 2015 and now travel full-time in their RV. Some of their more recent adventures include a 2-week sailing trip to explore the possibility of sailing full-time in the future. Michelle is a blogger who shares income reports on her blog. If you take a look at her latest Income report, you will see that she earned over $100,000 on her blog in the month of August alone, while working less than 10 hours per week. That’s how she can afford to travel full-time.
Make sure your social media accounts stay active. The more active you are, the more exposure you will get and the more followers you will naturally acquire over time. Also be sure to stay active in the commenting sections. If someone replies to a tweet or an image on Facebook, be sure to respond. This helps to build a community of followers that you can interact with and build trust. As an affiliate marketer, your ultimate goal is to make money. But is it easier to sell products and services to strangers or people you talk to on a regular basis? In addition to the monetary potential, interacting with people in your niche industry helps you to get inside the minds of your target audience. You can learn what they want, what they don’t like, and what they wish already existed. The more you learn about your target audience, the better you will become at marketing to them and showing them products or services that will actually make their lives better or easier.
We've highlighted useful productivity apps for all formats and for iOS devices, because we use them and get a great deal of benefit from them. They make our work quicker and easier, and make our lives more efficient. There are applications for social media posting that can do the same, and ensure that even if you have a considerable presence on social platforms, you don't find it takes up all of your life.
Each site has its own distinct customer base, and is used for different purposes. Facebook is a platform which helps to connect with a diverse client base that is looking for some entertainment. Twitter is a place where people go to check out what’s trending and exploring the hottest topics in their area. LinkedIn is much more business-oriented and is a great place to connect with professionals in the same industry.
The purpose of this article is to clarify exactly what is acceptable from the standpoint of Amazon. Since Amazon has been one of the leaders in affiliate marketing, if you follow their suggestions there is a good chance they will also be applicable to other affiliate programs. Please keep in mind that in order to be sure, you should read the guidelines for each affiliate program individually.
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.