You probably heard of this before. There’s a reason why this “find a profitable niche” term is all over the internet. It’s an extremely important step to take when you’re starting an online business from scratch. I cannot stress this enough – being in an unprofitable niche will doom your business to fail before it has even started.
Essentially, YouTube affiliate marketers make money by creating videos and converting their watchers into buyers for the product they recommend. You will typically see affiliate links placed in the video or SEO below in the video description.
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There are several platforms where you can find influencers who can help you get good results for your business.
One of the most popular affiliate programs out there is the Amazon affiliate program, dubbed “Amazon Associates.” This affiliate marketing example follows a commission-based structure. Website owners and bloggers can sign up for free to become an Amazon Associate, where they advertise Amazon products on their site by creating links. Then, whenever one of their customers or site visitors clicks a link and buys a product from Amazon, they’ll earn a referral commission.
An ideal product review article will have an introduction to the product, a list of its features and benefits, a list of its pros and cons, and a summary section to make it simple for the reader to make a decision.
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You think, “If I could only rank for that, I’d be set.” Although those traffic numbers would be nice, ranking for keywords like that might not bring you that much money.
This testing was something I avoided for a long time, and I regret that. This is actually far easier than it sounds. The information is invaluable. So is going from 8% conversion to 12%. I left thousands of dollars on the table over the last few years by waiting so long. This is a rookie affiliate marketing mistake that even veteran affiliates make.
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The next type of affiliate marketer we have is affiliate websites set up by search affiliates. Search affiliates are those who leverage landing pages and web pages along with search engines and other forms of paid advertising:
If you haven’t noticed by now, you’ll discover soon enough that it’s easy to become quickly scattered. Each affiliate marketing program has a unique login, a certain pay structure, etc. In order to keep your sanity, I’m going to recommend that you create a spreadsheet directory where all your programs will live.
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.
At The Fulfillment Lab, our Global Fulfillment Software™ dynamically integrates with all kinds of eCommerce shopping carts in minutes, not days. In fact, we integrate faster than anyone in the fulfillment industry. This way, your customers can stop sweating the details and start shipping faster—meaning more profits for you, them, and us! We work with Shopify, Squarespace, Limelight, Magento, Ultracart, and many many more! If your customers need a fulfillment solution, they’ll be able to get it with unmatched speed and ease. All they have to do is create an account from the link you send with your affiliate code, select some settings and customizations, and click a few buttons to go live!
To take advantage of this program, you’ll need to be able to attract at least 150 or more webinar signups. The way you earn income with this strategy is to promote a webinar that someone else (your affiliate partner) will be teaching. They will handle all of the tech setup, running of the webinar, and even the promotional pitch.
Pro Tip: One way to show your trustworthiness is to address any weaknesses of your affiliate product or service. Wait...what? It’s true! If you advertise something as too good to be true, they’ll never believe it. Instead, highlight the strengths, then address a weakness to gain trust (but, always include a work-around to show how you make it work regardless of the weakness, or note that almost all similar products or services share this weakness, etc.).
Your affiliate products are worthless without an actual audience and followers that you can promote those products to. This is why you need to build an audience before starting to run your campaigns. This is usually done by attracting some following through social media or your blog.