According to the Federal Trade Commission (FTC), you must disclose that you’re an affiliate anytime you promote affiliate products. Why? It’s to protect consumers from being misled. If they know you’re getting paid, they can make a more informed decision about whether to buy a product. Let’s say someone recommends you buy a DJI Mavic Pro drone, raving about all the amazing features. You’re immediately interested. Then you learn that the recommender is a brand ambassador for DJI. Wouldn’t that make scrutinize what they said? Maybe do more research? That’s the point of disclosures.
An Amazon Associates account. This is your affiliate network that will give you the products to promote on your videos. Anyone is allowed to sign up, but there is a review process. I was approved almost immediately, but it can take a couple of days sometimes. You probably don't need to worry about this just yet; without any video content, you have nowhere to place adverts on. If you don't want to use Amazon, check out these other affiliate networks too.
While top influencers often have direct partnerships with product companies, others with smaller audiences often take advantage of affiliate networks to build their revenues. These networks allow an influencer to take a small cut of any sales that are generated through their unique affiliate link, and their flexibility means that influencers can prioritize products that they believe best match their audience.
Keep conversations centered on the topic of your choice - in this case, related to your affiliate program - but don't be afraid to show a little of your personality in your tweets. Remember that as long as you don't offend or annoy anyone, people are way more likely to form a bond with a publisher who doesn't just push his or her affiliate programs, but also likes to educate, inform and entertain.
I do quite a bit of successful affiliate marketing on my websites. But other than marketing indirectly through my posts that go up through twitterfeed, I’m just not going there on twitter. I see twitter as a way to network, socialize with friends, and stay more in touch with readers. I don’t want to start trying to turn it into a directly monetized venture. I think the risks of alienating people is too high and the potential monetary gain not all great.
To be a leader in affiliate marketing, networks and agencies must recognize that advertisers are seeking more than just one-off leads or incremental sales. They want advocates and storytellers who can engage potential shoppers, demonstrate vertical expertise, and strengthen brand loyalty to inspire a long-term relationship. Influencers allow brands to take advantage of all the benefits of affiliate marketing, including transparency and guaranteed exposure while adding the power to connect with shoppers and strengthen brand affinity. Affiliate marketing is a proven channel, strengthened by its access to data and quantifiable results. The opportunity is now for both advertisers and their affiliate networks to embrace influencer marketing and make it as cost-effective and transparent as they have affiliate marketing. In this case, the whole – affiliate marketing and influencer marketing – is definitely greater than the sum of its parts.
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.
One of the major attractions of Amazon’s affiliate program is the large selection of products to promote. Marketers from different niches can easily join with the fast approval time. The site also has good commission rates, going up to 10%. The commission applies to all purchases made using the referral link and not just the product you linked to. This increases the income potential, which is why many YouTubers like the program.
This is a guest blogpost by Anna Bredava, Marketing Specialist at Awario, a social media listening tool, which brings instant brand mentions from everywhere online. Anna has several years of experience and has managed around 20 social media profiles for several companies. She specializes in affiliate marketing and social selling. Find her on Twitter and on LinkedIn.
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.