Learn from your mistakes and constantly improve your business. Maybe you notice that one of your affiliate products is doing really well in conversions but you have spent little effort promoting it. Or maybe a product you love is not doing that great on your site. Don’t be afraid to tweak your affiliate marketing strategy as and when you need to.
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However, if you are a brand (aka, a company, merchant, retailer), then please read on as the information on this page is written with you in mind.
This is why ideally you should only promote products that you've personally used.
When you promote affiliate products on your blog, email list, forums or any other platform, you need to ensure that you're using the right URL which has your tracking Id.
Another common concern from potential affiliate marketers is not having background knowledge on the subject. Look, the fact of the matter is, you’re going to gain the bulk of your knowledge as you progress on your journey.
In affiliate marketing, you promote another merchant’s or company’s products and they pay you a commission if someone purchases through your affiliate link.
You have ownership and power over a blog. Other channels, such as social media, can only be “rented”. You could be the hottest Instagram star since the Kardashians, but if Facebook decides it no longer likes you, your company could go out of business… overnight.
And just like any other business, your earnings depend largely on how much value you can offer.
Just to give you an example of a possible way how to start affiliate marketing, I have a friend who is constantly getting affiliate-type of sponsorship promotions offered to her. She has a YouTube channel and is somewhat well-known in the community.
You can offer them an ebook (maybe bundle together your 3 best product reviews) or a special review video.
When starting you will need to find an affiliate network or merchant to do business with. For beginners, the former is usually a better solution as networks are easier to work with. To start, you will only need some personal or business information and a bank account. In turn, you will need to receive an affiliate link for you to get started.
When a publisher joins Ezoic ad network through your referral link, you will earn 3% of that publisher's total revenue on all traffic they send through Ezoic.
Go for a well-known affiliate program or a platform people already trust so that even if they don't know you, they still buy the product because they know the brand personally.
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You will reach this point faster by re-investing than if you choose to take your affiliate income and spend it on your personal life instead of re-investing it in your blog.
Using personal finance as a niche example, use these tools to find out what sort of keywords are people searching for when it comes to personal finance.