Tip 10. Be Honest. When building a business around affiliate marketing it is very easy to trick people into thinking you’re an expert. However, just because it’s easy doesn’t mean it’s something you should do. I am sure you have been tricked into something before and I bet you didm’t like it. Keep it honest and stay true to yourself with your affiliate marketing business.
I get so many followers with this pop-up that I wrote about here. Bloggers who want the same results sign up using my affiliate link and I get $20 per sign up AND I also get paid if someone clicks on the pop-up and makes a purchase even if they never read my article. I explain more in detail here but it is by far the EASIEST affiliate program to make money.
Equally, you can charge businesses to ‘claim’ their listing, a method used by many large directory sites like Google Business and Yelp. This involves companies paying to upgrade their listing and adding information such as their web address, social media links, images, and more. Other revenue streams include charging for ad space, adding affiliate links and even charging for services and products on your directory site.
Selling on Amazon isn’t the only way to generate positive cash flow. You might have heard of the saying “sell shovels in a gold rush.” That’s exactly what Amazon affiliate programs are. Instead of going through all the work to sell on Amazon yourself you could be selling the software Amazon Sellers are looking for to better their lives and save them time.
Tip 1. Have the correct mindset before you go off building an affiliate marketing business. I see it happen all the time, people going off creating a site to promote affiliate offers when all they care about if the money. You must come to understand there’s so much more than just money when it comes to affiliate marketing. Let’s say you make a bunch of money for the sake of argument, just because you make loads of money doesn’t mean you will be happy with your business.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
Most affiliate marketers choose a WordPress blog as the platform for their website because it’s very low cost and offers unmatched content creation possibilities. The WordPress platform is free — your only out-of-pocket cost of having a WordPress site is hosting. This runs just $2.95 per month with our preferred hosting provider, Bluehost, plus you get to test it out with its 30-day trial. You also get a free domain name, which is your website address and a free business email to make it all official.
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Can you spot influencers? Do some Google searches for terms or keywords related to your topic. Do many blogs or informational content appear in the search results? Do these blogs seem to have authority? Are the readers engaged and commenting on posts or does there seem to be a strong social following? Strong engagement or following tells you there is an audience for the topic. Note the blogs and social influencers within your topic, and jot down what you like about them or feel is missing from their content. This research will come in handy later as you plan your content.
Profit from you photos. If you’re skilled with a camera, you can turn your photos into cash by selling them to stock image sites, such as Shutterstock.com. If the photos you submit are accepted, they can be downloaded by Shutterstock’s subscribers and you can earn anywhere from 25 cents to $120 per image download. Other sites that accept photos from contributors include iStock, Dreamstime and Sqeeqee.
Either way, arm yourself with a powerful SEO monitoring tool like Monitor Backlinks and really get to work on improving the flow of organic traffic coming to you from search engines. I recommend this tool in particular because I use it myself (see below), plus it’s easy for newbies to navigate and is accessible to every affiliate thanks to its 30-day free trial.
What do you want to earn? Is this just a little bit of side income on your hobby blog or are you trying to replace your full time income? If you’re trying to go big then you’re going to want to focus on more high-quality products with big commissions. Maybe you will be building your site or blog around the specific product you want to promote, like a product review or comparison site.
Another something I discovered at the end of last year that I can’t rave about enough is Easy Product Displays. (And if, ahem, you want to use my affiliate link it’s: http://easyproductdisplays.com?ref=t2hmkr-119) It’s a service that’s about $6/month, made to help make it super-simple to code nice-looking image displays of affiliate products. It works fabulously, but the reason I REALLY love it is that even if you don’t want to use the display part, it makes it about 1000 times easier to find Amazon product links with your affiliate code already built in. I often use it just for searching for those, because it’s so much faster than Amazon itself.
Research selling prices of items similar to yours. Look up completed sales or current listings of items similar to yours. Find the high- and low-end prices, and price your object around the median price level. If you want your item to sell quickly, price it at the low end. The condition of the item also affects the price. Items in poorer condition should be priced at the lower end. Also, consider how many listings there already are of items similar to yours. If many similar items will be competing with yours, you may have to set the price lower to get the sale.
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.