Today, affiliate marketing has expanded into a multi-billion dollar industry on which marketers all over the world capitalize every day. In this article, we will find out all about the basics and benefits of affiliate marketing, how you can get in on the action, the best way to protect yourself in this tricky world, and which tools you may find useful to your work.
For example, whenever you see coupons or discount links, most of the time these are affiliate links, and when you make a purchase, webmasters make money.
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Commissions on e-commerce products are usually fairly low because of the overhead of production costs, storage costs, shipping, etc. So unless you are planning to build a large review or shopping site, physical products will probably be a very small portion of your blogging affiliate income.
A product comparison article is another type of content that helps you promote your affiliate offers and earn a commission.
Simple, it’s being an online salesman and earning commissions through affiliate programs. It’s the same old salesman story but moved online for the age of eCommerce.
As you’ve seen earlier on, one of the biggest benefits of using blogging as your platform is that you have the potential to reach a huge audience with your content. And if you reach a big (and targeted) audience with your content, then you’ll make more affiliate sales.
So, you will be always safe from the risk of violating Amazon Associate Program policies.
One of the biggest advantages with niche-focused affiliate marketing? It’s absolutely easy to get started. All you really need is a website and knowing which niche market to tackle.
Now simply check to see if the merchant has an affiliate program (some won’t but you’ll probably be surprised at how many do).
Even though Twitter only allows 280 characters per tweet, it still gives you an opportunity to create interest in your followers and direct them to the merchant’s page.
Think about it, when you’re just starting out, your traffic levels will be lower. So, you’re going to be targeting less competitive keywords and probably receive less traffic.
Along with having great content, you can promote your website and products via social media and other platforms hoping to gain a few links.
The other type, recurring commissions, is mostly found in SaaS products and online services. In this model, you keep earning a fixed commission every month as long as your referral keeps using the product/service.
As you would do with all your marketing initiatives, determine what your overall goals are, including: The types of customers you want to bring in through your program. What types of affiliates do you want to promote and sell your products or services?
A landing page – such as this one from Microsoft – can be the final step in your sales funnel.
According to Shopify, affiliate programs are usually free to join, so there are no high startup costs. “Done well, this performance-based opportunity can go from side hustle to profitable online business idea by netting you a healthy income.”