HomeBlogAffiliate Marketing for Advertisers5 Steps to Set Up an Affiliate Marketing Strategy (For Advertisers)
Once you’ve created your recording and prepped all the content you’ll need for your webinar, you’ll simply use WebinarJam to host your webinar, schedule and automate it, build a landing page for it and even to email people to sign up for your webinar or to simply remind them to join.
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Or you can search through social media channels using relevant hashtags to find influential users.
Their business model attempts to offer the cheapest possible prices to customers shopping in real time. This is great for customers, but not always great for you as an affiliate marketer whose business is based upon commissions for sales.
The percentage of people who buy straight through your link after reading a review is naturally low, so imagine paying for these reads. Depending on the product price, you only get a few dollars or even cents per sale, so the margin you can spend on ads is not very big.
If you’re not sure about your passion, think about topics you love discussing with other people.
While all of this was happening, Chris Guillebeau was launching his latest product called the Empire Building Kit. Among other things, it featured an email a day for a year and was designed to help you build a business during that time.
But if you’re sitting there thinking “Well that’s wonderful, but I’m still feeling a bit lost…” – never fear, Gael and Mark are here!
Set targets for yourself. Get to the first 30 posts as quickly as you can. Then once you've got 30, turn that number to 60 posts. Once you get to 60, aim for 90 posts. The reality is you will get less than a hundred visits over the first six months of your affiliate career, and that's completely normal.
There are many values and benefits to working with affiliate marketing networks and merchants. As I said earlier, affiliate marketing is an easy venture to launch, it is not complicated to manage, and with the right effort, it can reap huge rewards.
Here are a few ways to determine if the market is large enough and there’s money to be made in the niche: Are there multiple large-scale print magazines in your niche?Are there books in the Amazon marketplace that sell well?Is there a handful of Udemy courses dedicated to your niche?Can you name (or find) several high traffic blogs in your space? Are There Affiliate Programs Available?
An affiliate marketing network, like ClickBank and Share-A-Sale, work as a middle man between advertisers and publishers. Advertisers sign up for the platform to find publishers who can promote their products. Publishers sign up to join programs and get links to promote.
This is why because, at the end of the day, they know that you can monetize your audience. You might have a list of a thousand people or have an Instagram following of 25,000. You might have a bunch of friends on Facebook or you’re part of groups, so you can reach all the corners of the internet or the globe that they can’t. And you also have personal relationships with people.
It will be dependent on things like how good your SEO is, where your site is ranking in Google Search results, and how much traffic you get on a daily basis to your site. However, there are certain tools and tactics that you can employ to provide you with some indication of potential revenue levels.
An example of someone with authority within the health and wellness niche is Katie Wells, also known as Wellness Mama. Katie runs a blog, an e-commerce store, a podcast, sends weekly newsletters and is active on all major social platforms. Her audience views her as a credible source for all things health as she’s built up a platform within this field over several years. Additionally, in her weekly email newsletters, there are usually several affiliate links included.
Now that you know the stats of your potential topics, it's time to select the ones to work with. The idea is to find the topics that are low in competition, but still high in search volume.
For those doing the referring, however, it doesn’t cost a thing. So why would a company hand out money or other incentives just for a referral? According to data from the Wharton School of Business, companies with formalized referral programs experience 86% more revenue growth compared to those without. So, when someone refers a friend, it can be extremely lucrative for them!