To answer that question, in September 2020 Matt Diggity posted a poll in his Affiliate Lab Facebook group to see how much people that took his course were making with affiliate marketing from 282 respondents:
It depends on what platform you use to promote your affiliate links and your overall strategy; however, here’s an overview of the types of costs you can expect with each platform: Highly regarded on the world speaker circuit, Lilach has graced Forbes and Number 10 Downing Street. She’s a hugely connected and highly influential entrepreneur. Listed in Forbes as one of the top 20 women social media power influencers and was crowned the Social Influencer of Europe by Oracle. She is listed as the number one Influencer in the UK by Career Experts and is a recipient for a Global Women Champions Award for her outstanding contribution and leadership in business.
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Let’s look at an example. Say I sign up for and get accepted into the Pit Boss Affiliate Program. I go to the Pit Boss affiliate portal and they give me unique links (for grills, pellets, etc) that I can use on my blog. I post a recipe using my Pit Boss on my blog and include an affiliate link to the grill I used in various places on my post. Thank link goes to the product page of the grill I used. Someone reads my blog post and decides they want the same grill I have so they click my affiliate link and it takes them to that grill on the Pit Boss site. They purchase that grill. I get a commission on that sale because I assisted in that sale. I have a full time job that I’m not ready to leave. So I use affiliate marketing as a supplement to my income. It’s my side hustle. Sometimes it’ll take care of my gas money for the month and sometimes it’ll take care of the mortgage and my car note too. I’m not at the point where I’m making six (or even five) figures yet. But a LOT of people use affiliate marketing as their full time job and sole source of income and I believe it. Maybe one day I’ll be at that point but until then, it’ll remain a fun side hustle.
Three people are connected in the circle of affiliate marketing the producer, the marketer, and the buyer. From each sale, two parties get the share of the revenue – the promoter and the creator. As long as you can add value to your readers, they can turn into customers and help you spike the earning curve.
As mentioned, a funnel takes motivated people and puts them on a journey to buy. Funnels also work best when you know what the visitor’s intentions are so you can match that intent with the right offer.
If you don’t already have products selected, you need to start choosing products. In the case of Amazon, you can visit the Amazon Bestsellers page to identify the top-selling products in that category.
Tapfiliate also has an affiliate program that offers 20% recurring commission to its affiliates.
It may take some time until you gain traction. But once your following starts to grow, you will see your affiliate commissions increase faster, too.
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This can be understood as unique product sales or demo page, the main purpose of which is increasing sales.
Create ToFU Content: Publish informational content that targets long-tail keywords and links to your BoFU content. Make sure this content is link-worthy because you'll be using it to build backlinks to your site.
For sure, if something is getting loads of social shares, it should be popular. Hence, creating a product on something that is popular can really boost your business.
Thanks, this is very helpful. I am with Awin and I was just going to research other ways, I am so glad that I found all these links in one article!
Of course affiliate sites can have a lot of really useful information on them and we like showing them in search. But, at the same time, we see a lot of affiliates who basically just copy and paste the feeds that they get and publish them on their website. It's not something where we say that an affiliate site is bad, we just see a lot of bad affiliate sites. And if you have affiliate links on a website, that's not going to be something that we would count against a website.
You can simply send them an email, introduce yourself and your product and ask them if they want to partner on a sale together, where you’ll share revenue.
When you make a sale, apart from 30% commission you also earn a referral income every month. Which means whenever your referral makes any future payment at Aweber you earn commission on it also.
The data in the image above is based on only US search data, and the US only takes up 4.2% of the entire world’s population. Let’s just assume the world only has 250 million people – the population in America. Your website will still be discovered by 140 people every single month! Now, let’s scale it up by 18x to the global population excluding China, and you’d have 2,520 searches per month.