Passive income strategies are notorious for being time-consuming and slow-moving. However, they snowball with time.
Looking at them over time will be fundamental to help you learn how to improve your content and make online affiliate marketing one of your main gigs.
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A. You should first select the field or niche in which you have some influence and then look for businesses in your niche that have affiliate programs. Then, you can compare the different programs and choose the most lucrative ones to join.
You can find one or two great brands that you’re crazy about (and preferably have high paying programs!) and stick to promoting those through your own PPC ads, your blog posts, reviews, and more. This is an excellent choice if you’re passionate about the brand or if you have a large following that trusts you.
What's more, having a clear sales funnel in place enables you to narrow your focus, so you can more accurately pitch to your audience.
Assuming that you already have a website, what should be improvised in the content in order to drive traffic?
WP Engine's affiliate program runs on the ShareASale network. By promoting WP Engine plans, you can earn $200 per signup or 100% of the customer's first monthly payment -- whichever one is higher. You gain access to exclusive affiliate discounts you can offer to your audience.
For businesses with large audiences, Amazon recently launched their new Amazon Influencer Program as an extension to the Associates program for social media influencers. You get similar benefits to the online Associates program, as well as your own page on Amazon with a unique URL to showcase the products you recommend to your followers.
For companies offering an affiliate program, this is one of the best ways to receive free promotion, thus saving substantially on advertising.
Let’s go through the list of popular affiliate network programs I recommend for beginners.
Fiverr Marketplace has its pros and cons however, you can find great gigs if you look hard enough.
Firstly, the best and most popular affiliate networks, and secondly a range of diverse and reasonably generic enough affiliate programs that they apply to most audiences.
For example, a seller might prohibit using email traffic or traffic from forums for driving sales. Some require that you don't directly quote product prices on your site (Amazon are strict about this due to the fact their prices change regularly).
It’s the golden rule of marketing. If you have a gaming blog, it wouldn’t make sense to promote gardening equipment to your audience. It’s important to understand your audience’s needs and what they’re interested in.
To give you an idea of the scope of this and what’s possible, over the last 2 years I’ve made over $20k in affiliate commissions from one product alone. This includes an occasional mention in a blog post, 2 webinars, and a handful of dedicated emails. That’s it.
The idea of making money from a blog or social media is a completely foreign concept to many people. And you may be people. And that’s ok! I’m going to break down Affiliate Marketing so you have a better understanding and hopefully realize you can do this too (and make money) while growing your own brand. Affiliate marketing is when a company provides an affiliate (people like you and me) with a custom link to their product or service. When those products or services are sold through those links, affiliates (people like you and me) get a commission. Simple, right? This type of advertising is very low risk for companies because they only have to pay affiliates if they make a sale. Also, earning potential from Affiliate Marketing in unlimited. You’d be a dumbdumb not to at least consider this.
Clearly, Pinterest represents an incredible opportunity for affiliate marketing. But how do you turn your passive income dreams into a reality?