The good news is, you don’t have to run blindly into an affiliate marketing strategy because I’m going to share with you everything, I’ve figured out during my affiliate marketing journey.
While 10% may not seem like much, your referrals are likely to have a high lifetime value, thanks to Kinsta's high customer retention rate of 95%.
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Okay, we have our product, we have validated that there is a market for it, we have researched our competition, and we have made sure that there are existing buyers right now ready to continue to purchase these products, we are all set to go into the promotion phase.
Read through the payment terms, other policies, and reviews to make a better decision. Most websites will ask for your website address, banking details, and other personal information. Even if your website is completely blank at the moment, share a plan of action with the affiliate network on how you will promote the products in the future and they will approve your registration request.
Amazon is the world's biggest e-commerce platform. Their affiliate program is highly recommended for beginners for two reasons:
Large ecommerce brands began using Curalate’s Link2Buy as a way of setting up a virtual shop of clickable Instagram posts in your profile. Over the years there are other tools that have come out offering the same functionality, including the popular Linkin.bio service offered by the Instagram app Later. What happens is that you set the link in your bio to be your personalized Instagram gallery app URL, and then once someone selects that, they are brought to a screen of clickable Instagram posts leading them to your affiliate links. You can actually see my Linkin.bio page for an example of what I mean – you should do this on a mobile phone to see how it would look when clicking on my Instagram bio https://instagram.com/nealschaffer. Include the Affiliate Link as Swipe-Up in Instagram Stories (Business accounts with 10,000 followers only)
You probably ask yourself, how to promote affiliate links and most importantly – where?
Social media platforms like Instagram, Twitter, Pinterest, and so on are packed with millions of users. You can easily integrate links into your posts and see results. Just make sure that you follow the rules and restrictions of these sites, as you technically don’t own your accounts.
Finding a niche, producing a vast amount of materials for it — ranging from blog posts to interactive calculators and anything else you can put your mind to — is the way to guarantee longer visits and more exposure to your links.
For example, if a cookie has a 30-day life, your referral needs to make a purchase within 30-days of clicking your affiliate link in order for you to get paid -- otherwise the lead will no longer be trackable.
In this post, we have covered what affiliate marketing is and how beginners can start, different types of affiliate networks one can join, and tips for both publishers and brands to generate sales with affiliate marketing. I hope that this post has given you the information and resources you need to start cashing in on the monetary benefits of affiliate marketing, whether as a publisher or a brand.
Your income will be directly related to the type of offers you promote, how much traffic you get to the site, and your grasp of other online marketing skills like email marketing and SEO.
Now, also, if somebody clicks through, grabs this book, and then also buys toilet paper and diapers and a new Mac Pro or whatever, you get paid on all that stuff too. Not only do you get paid for this book, but you also get paid for everything else that they buy for the next 24 hours. That’s called your cookie life cycle or whatever.
Some topics are naturally so big that you can always extend them with content and marketing. However, as a beginner, you might not be able to work on big projects. Choose a niche instead that is expandable. Let’s clarify the topic with an example. When you’re choosing fitness, women fitness, child health — these are big niches, and you can create plenty of content around them. Likewise, if you go for “Yoga outfits”, now that’s a microscopic niche.
It all depends on a lot of factors, however – there are no guarantees you will make anything.
If you work with clients who might need to hire a freelancer for marketing, design, or tech skills, or you write a blog for entrepreneurs and want to promote Fiverr Learn, you might want to consider partnering with Fiverr. The popular site, with over 5.5 million users, offers affiliates a dashboard to manage and monitor campaigns, and creative assets to help you promote their services. Of course, commission varies depending on the service you want to promote — take a look at their full offerings here.
You do not need to manufacture or import your own products. You do not have to deal with customer service nor handle complaints. All you need to do is to get people to visit the advertiser’s website through your custom link.