You’re already super busy, so you want to make sure you’re joining an affiliate partnership that’s going to be easy for you to take advantage of. After all, it can often take weeks of back and forth with a potential affiliate partner to go over details, payment terms, and get paperwork filled out. If this is the case, their processes are likely going to be just as messy once you’re actually in the program.
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I'm not saying it's impossible but it's not the right approach because you want to be targeting the lowest hanging fruits first instead of going for products that can take you months to sell.
First, you can create a 15-30 second commercial about the product. You can say something like, “This podcast episode is brought to you by…” Then share the link where they can go to learn more.
So, unless you have an angel investor or the backing of venture capitalists, being a mega-mall affiliate marketing business is probably not attainable in the short term.
You can also post competitions, rewards, and giveaways, which are usually well-received. Everyone likes something for free, and you can request that your existing social media followers share with their own friends, thereby increasing your reach even further.
When I promote information products I usually look for high priced products created by people who are good at marketing. Why?
By now you should have a good sense of what affiliate marketing is, have an idea of what products you want to promote and know how to get your affiliate links for them.
Determining how much money in profit you can make from your website is not an exact science.
And it’s just plain less annoying for the reader when you share resources from other people than when you constantly tout your own wares.
One of the main advantages of doing affiliate marketing with Amazon is that people already know the company and love to shop there, so it's not a hard sell. The company has very high conversion rates, especially around the holidays. And because the product selection is so vast, it fits most kinds of businesses.
So why start with a website? Because this tends to be the easiest way to promote an affiliate product for most content creators. You also have control over your site. From blog post topics to creating an email list, you can control things on a website you can’t with YouTube, Pinterest, or other platforms. Many affiliate networks will also require you to have a website to get started.
Did you know that more than 80% of the 1.4 billion listings on eBay are for new items?
Do keep in mind that a lot of factors fall into play here - your audience size, platform, traction, engagement rates, specialty, etc. Each of these might hinder or increase the numbers quite dramatically.
A merchant, also known as the product creator or advertiser, is typically the creator of the product or services. They offer revenue sharing and commissions to people or other companies (affiliates), which have a significant following on their brand.
When someone clicks on your affiliate link and visits the site you're promoting, it leaves a cookie in their browser.
The most popular affiliate marketing platforms used by marketers are blogs and YouTube. There are also other options available to use, such as WhatsApp, Instagram, and Twitter.