When you promote a product as an affiliate, it works as an independent third party endorsement for the product owner. As compared to the seller praising their own products, neutral product reviews have a much greater impact on consumers.
Sometimes they won't go farther than that. Some may not even explain how or why or even what affiliate marketing is.
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As with blogging, the first step to making money as a YouTuber is to select a niche. Your niche can be anything from beauty to fitness to even software reviews. Next, you need to research and identify which affiliate offers to promote that will be valuable to your audience.
Again, you should have the mindset that you are starting a business because you are.
There are a few key reasons that make this strategy ideal for all the four players involved.
Even though I’d like to talk more about blogging in this post, I’d like to focus more on affiliate marketing so I’ll leave it at that. If you want to learn how to do this, read this post on How To Start A WordPress Blog In Under 30 Minutes.
Commission plan: 20% recurring commission that can be as high as $1100 per referral per year.
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This is the most common type of affiliate program, and it’s been around since the dawn of the internet. You can find one-time affiliate commission programs all over the internet, including places like Amazon, Walmart, etc.
Being trusted around the world and millions of products to pick from, it allows content creators to make money from their traffic.
Alongside your affiliate network, you can utilize an array of tools to help you out with your affiliate marketing career. This includes tools like trackers (RedTrack is a great example), Spy Tools (AdPlexity), and a lot of other tools! While these cost some money, they can make you a lot of money through their service, so it’s more of an investment rather than spending.
For example, if you’re going to start a blog, you’re going to need hosting, a website and an email marketing tool to start with – so your costs will be under $100 to start with.
Simply share it on any social media, blog, or ad and earn from every order when a customer signs up for PRNEWS.IO through your link.
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There's a lot that goes into choosing the best affiliate program for you. Here are some of the more important factors to consider when choosing the best affiliate programs for you and your audience.
Another option is looking into products and services that you use to see if they offer affiliate programs. Big companies like Amazon have the Amazon Associates Program. The e-commerce platform Shopify offers its Shopify Affiliate Program. Another option is Wix, which gives affiliates $100 for every conversion. Tripadvisor offers at least 50% of the commission they receive from their hotel booking partners. As an affiliate, you will link to specific hotels on Tripadvisor, and when a user comes to their site via your trackable affiliate link – you get paid. Tripadvisor states on their affiliate’s page that “You still get paid when users click out to our hotel booking partners, regardless of whether or not they book.”
You will not believe how many affiliate marketers overlook Google as a keyword research tool. It's an odd statistic considering that most of your audience will find you through the platform. Google can be a powerful keyword research tool because it shows you the type of topics that take center stage in your specific niche.