And it’s a real rags-to-riches business story – one started by friends sitting around a garage, but that eventually transformed into a business with US$3 billion per year in sales.
Dobjanschi suggests reaching out to latent affiliates, in particular, to reactivate them:
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For example, if your blog is about work productivity or related topics and you discuss tools for boosting productivity, you can incorporate your affiliate links for products that boost work productivity. This ensures organic promotion and encourages the customer to try the recommended tools.
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So now that you have a basic understanding of what affiliate marketing is, as well as some common terms used in the industry, you should now learn why you need become one too. 1. Affiliate Marketing is Profitable Affiliate marketing is perhaps, one of the most profitable online money-making opportunities in the world. In Nigeria, affiliate marketing is also very profitable, as there are many merchant companies and web-savvy online marketers. Click To Tweet
This popular landing page platform — used by brands such as Campaign Monitor and Zola — helps users design high-converting landing pages for SaaS businesses, ecommerce sites, and agencies. Additionally, Unbounce's Affiliate program is impressive, with the opportunity to earn 20% of the recurring revenue for every customer you refer to Unbounce.
Using Amazon Associates, you can promote any product from their enormous product base for sale. But you should know they are paying the lowest commissions.
For a sustainable and long-term affiliate income, you need a website and an audience (which NicheHacks Academy can show you how to build).
For more detailed tips, check out my guide on how to grow your blog traffic quickly.
They also have an uncanny ability to turn customers into repeat customers and generate future business from sales making them a valuable partner to have.
When you sign up with an affiliate program, you will get a special affiliate link that you can include in your blog posts or YouTube videos, for example.
No matter what product you promote among these popular ones, you’re going to earn for sure as it’s already proven by the system.
According to Pat Flynn (Owner of Flynndustries, LLC and podcaster known for his website Smart Passive Income)-
The cookie is then stored for a period of 30 to 90 days (in some cases 10 years also) as fixed by your affiliate program or network to give your referred customers time to decide if they wish to purchase the affiliate product.
For example, when searching for “e-commerce platforms,” you will see that BigCommerce ranks in the top 10 for this keyword:
Of course, making conversions on expensive products can present a challenge which is why I suggest promoting a combination of subscription-based products and high-ticket items.
Do you want to manage the affiliate outreach in-house, or do you plan to higher an affiliate marketing management company to do that legwork instead?