Affiliate marketing allows you to make money (earn a commission) by recommending products and services to your readers. You get paid only when your recommendation converts into a subscription or a sale.
Affiliate Management Brand Ambassador Management Customer Loyalty Cold Emailing Referral Marketing Influencer Marketing
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If you opt to start without an affiliate network, you’ll need to track down the best affiliates using your own means. Social media platforms like Instagram and LinkedIn should be your first two points of all, plus whatever resource leaders in your industry employ. To simplify this step, you can also form a partnership with a network that has experience helping companies in your vertical.
You can create content like product reviews, infographics, answers to trending questions, support materials, etc.
Check out our blog article on “How to Start Your First Affiliate Website” here: https://thirstyaffiliates.com/blog/how-to-start-your-first-affiliate-website
One of the ways affiliates can promote products to their customers is through guides and “how-to” content.
You’ll want tools available to provide you with vital data like the number of leads generated, click-through rate (CTR) and conversions. Google Analytics is a tool that can be helpful when examining metrics like the number of new users versus existing followers. VWO also offers a free trial for their CRO tool. CRO is by no means a stagnant strategy. It will be an ongoing process of learning what content works and continuously optimizing to increase conversions.
The Director of Affiliate Marketing at Versa Marketing, Johnny Geiss, knows that having connections with large audiences is a sure-fire way to be able to get the product in front of the right audience.
I wrote this complete guide to making money with affiliate marketing because it’s something I love doing and many of my fellow YouTubers continually asked for advice in masterminds. They wanted to know how I earned more in affiliate income than advertising most months during my income reports. Like me, they were inspired by people like Michelle who were making tens of thousands of dollars every month while only working 10 hours a week and traveling the world. They wanted to know how I got started and how I make money with affiliate marketing so this post is my answer.
If you need a little more of a helping hand to get started as a ClickBank affiliate, check out our (well Gael wrote it, so it’s a collective we) article on how to make money with ClickBank. Pros You rarely need to be approved to promote a programProbably the best network for anyone doing affiliate marketing without a websiteTheir top-tier programs average out at about $50 per saleYou’ll have lots of opportunities to promote programs with recurring commissionMost of the pre-selling is done for you by the merchant’s landing pageDigital products can work hand-in-hand with email marketing/social mediaCreating your affiliate link is super easy Cons The Marketplace hasn’t changed one bit in 19 years – it’s functional but very datedCertain programs can result in very high refund rates 5. Rakuten Advertising
This can make creating affiliate links, or uploading a banner, an absolute nightmare.
It’s hard to create a site that targets such a broad group. The difficulty is, how do you get people to the site without spending bucket loads of money?
I generally filter out all the products that have a Gravity score below 20. If something is below 20, that means that it’s not a good fit for our email list – the volume of sales are too low and the sales copy hasn’t been fully split-tested yet.
Affiliate marketing is a thriving industry and will continue to grow bigger for years to come. Choosing the right affiliate business model, understanding the importance of your audience, and plain old hard work is what going to ensure your success as an affiliate.
Even though becoming a CJ affiliate is quite hard, it is still perfect for hardworking newcomers. It’s still possible to succeed as a newcomer on CJ Affiliate!
How do they track all these sales and credit them to the right affiliates? Good question.
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