You can make money on YouTube by doing affiliate marketing, which is including links to products you review and use in your videos that will track a purchase. If someone makes a purchase using your affiliate link, you receive a small commission for the sale. Melea is an expert in affiliate marketing and joins us to give us some tips for how to make money on YouTube with affiliate links.
Hi, Steve! Thank you for sharing this. You’re right, I shy away from making videos because I don’t believe I can make one. I enjoyed watching the video that you have prepared; it was very explanatory. I also visited Animoto and I liked it very much. I want to start making my own video now and I hope I will be successful in creating and promoting it.
With the focus on simplicity and automation, Shopify is a robust platform that allows creating an affiliate program in a couple of clicks. It is easy to find new partners, contact them and expand your affiliate network while focusing on other business processes. You can track your success, modify commission rates, and grow your partnership network with minimum effort.
I recommend that you start with affiliate marketing first in order to identify the vertical/product that you want to pursue. You will want to use native advertising as it is the best and most efficient way to drive traffic to your landing pages. There are many native advertising networks each with their own strengths, though I recommend finding a platform which allows you to aggregate your media buy under one account. These aggregator platforms also offer CPA optimization tools and also offer much better personal support.
Playlists are a great way for linking related videos together. When one video is finished, the next video in the playlist will automatically start, which is great if you're creating a series of videos. Annotations allow you to create links within the video- so you can link to your previous videos in your newer content, helping spread traffic to your other videos if one does well.
A relative newcomer that was only founded in 2014, ConvertKit has taken the world of email marketing by storm. According to the company, they now have nearly 20,000 active customers of their email services. Their affiliate program works by paying existing customers a lifetime 30 percent commission for referrals that subsequently become ConvertKit customers or who sign up for ConvertKit webinars and other digital products.
Of course, Twitter has its own peculiarities. I assume you are aware that Twitter limits you in the number of characters you can use – right now the limit is 280 characters. You have to find a way to be natural and genuine and fit in your affiliate link. That’s where URL shorteners come into play. Besides, more often than not, affiliate links are long and contain different numbers and random letters which makes them look less trustworthy. URL shorteners can make your link look more appealing. If you’re an Amazon affiliate, they have an inbuilt link shortener, so you’re good. If not, use TinyURL – it’s one of the few shorteners that allow affiliate links.
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.
My policy with affiliate marketing is to only recommend products that I have used or have had someone close to me who I trust use and recommend. This is again something that will add weight to your recommendation and increase conversion – but it’ll also help your reputation and stop you from promoting products that are rubbish. Recommend a product that doesn’t work and your own reputation and any trust you’ve built up with those who follow your advice will suffer. Don’t sacrifice your own brand for the sake of a few quick dollars.
I specifically asked Dave Cotter, from Amazon, about this phenomenon. His answer was rather encouraging because he said you cannot control what people do with your links. He said if a link goes viral, you the affiliate marketer should be rewarded for something you created being distributed in such a fashion. As long as the viral activity follows the guidelines of Amazon’s affiliate program, which is outlined above, you can expect to receive credit for all referrals.
Amazon Affiliates typically pays between 3-5% commission for each product sold. What will really determine how much you earn however is your conversion rate. This number is based on the amount of people that watch your videos and then go on to purchase a product you're advertising. This can be as low as 1% but others have reported around 8%. It really depends on your niche and the products your advertising.
I specifically asked Dave Cotter, from Amazon, about this phenomenon. His answer was rather encouraging because he said you cannot control what people do with your links. He said if a link goes viral, you the affiliate marketer should be rewarded for something you created being distributed in such a fashion. As long as the viral activity follows the guidelines of Amazon’s affiliate program, which is outlined above, you can expect to receive credit for all referrals.
Typically, the biggest mistake that most companies make is that when they connect, follow, or get followers, the relationship ends there. Just because you have followers or you follow others does not mean that you do not need to put in the work to develop a relationship. The fact is that you must be able to build a community that will maintain a good structure and will ensure the full potential for your business to succeed. Strong connections are often the result of your engagement with the community, so you need to participate and engage with your network. Otherwise, the people you are connected to will see you have no value and they will pay attention to other networks that are beneficial and offer them value.
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