Affiliate marketing is one of the most popular – and most effective ways to make money online. For many bloggers, this is in fact one of their main sources of income – with some making tens of thousands of dollars every month just from affiliate sales.
There are sites that are totally dedicated to affiliate marketing. Look at the examples below;
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We use Affiliate Programs Labs to find suitable affiliate programs as it has hundreds of affiliate programs in different niches you can choose from. 4.7 Insider Tips on Picking the Right Niche for Affiliate Marketing PinTop 20 Affiliate Niches
Now there is a pretty high chance that your customer is using Facebook and as per research, an average Facebook user has 155 friends.
With the basic terms clarified, let’s get an overview of how you can best get started with building your affiliate marketing business.
On the flip side, since the barrier of entry is so low, you have to deal with the fact that it is an extremely competitive model. Since the niche-focused model can be quite profitable, it’s already filled with professional affiliate marketers.
Don’t be fooled into thinking your website is the only way to make money with affiliate links.
While focusing on those four will get you traffic, as an affiliate, you need to think deeper than that. You also need to focus on your audience/users as well.
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Try not to over do it though. A whole bunch of links added to your article will look just like what it is – a method to advertise and drive people to make a purchase. This usually doesn’t sit well with readers, so keep it discreet.
You’ll see that there will be a store and tracking ID (I’ve blocked these) and then in the text box, a shortened link that will go right to this golf bag.
A visitor is much more likely to click a link pointing to the same website they are on than to click on an affiliate link directly.
Email marketing: This is best in small doses. You don't want any partners sending out bulk emails to customers who aren't interested in your products or services, but with proper consideration for who's receiving the email, this could be an effective method. For instance, if you sell design tools, you might reach out to marketing agencies and ask, if they're working with a specific client on a design project, whether they might consider sending a URL from your site within the body of the email. This could help their clients leverage your tools to create higher-quality content, while giving agencies an added source of income.
But there’s also a middle ground between the two – and that’s where affiliate marketing sits.
This type of program combines the best of affiliate programs and networks. You get the conveniences of working with one company but you have access to multiple brands and products. Wix Website Builder: Wix is a company that provides website building services at reasonable prices. As an affiliate, you can promote the site builders along with other products from this company. Their affiliate program offers $100 for every referral. Reebok Fitness: You’re probably familiar with this popular athletic brand. Affiliates can promote a wide selection of fitness products from the Reebok brand. The affiliate program offers a 7% commission on all sales.
Revenue share deals are popular among well-established companies and brands that are on the rise. These pose a great option for seasoned affiliates looking to bolster their passive income strategies, but these offers usually have a longer conversion flow.
Email marketing is one of the most effective online marketing strategies. People who buy products marketed through email spend 138% more than those who do not receive email offers. Email marketing has an ROI (returns on investment)of 4400%.