If you have affiliates who are performing exceedingly well, don’t leave them hanging. I highly recommend meeting regularly, providing updates, content, and negotiating commissions to your top affiliates to keep the partnership ongoing and mutually beneficial.
You should look for new ways to advertise, even if you are selling the same niche products. Try to offer your readers something exclusive. I will take a case study of John Chow. John Chow is an affiliate of HostGator. He provides free WordPress website installation for any purchases that you make using his referral link. You might wonder why he does this?
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The lower the niche score, the wider the niche is. This means that the niche is really popular and a lot of products have been selling in the niche.
For example, last year I created a tutorial video for creating a new YouTube channel:
Before we get into our 3-step plan for affiliate marketing success, let’s answer a few common questions.
There isn’t a right or wrong answer; it’s all about what makes you feel the most comfortable. Many people are not comfortable with doing their own affiliate outreach, so they higher a more experienced company to do this for them.
Remember that less advertising sources make tracking your goals easier and are the best choice when you’re starting with affiliate marketing.
The most traditional way an affiliate makes money is by receiving a certain commission or fee each time their partner receives a click or sale. For example, if a blogger mentions Product X’s company in a post, and Product X receives 1,000 click-throughs from the blogger's site to theirs, then the blogger will make a certain amount of money off each click. The amount the blogger will make is based on their following and perceived credibility in their niche. However, some affiliate marketers will choose to be paid a flat rate for dropping the name into the post.
As mentioned earlier, the first thing you should send your new subscribers is a “welcome” email series – a series of 2-3 emails which you can easily set up with ConvertKit:
One of the main risks of affiliate marketing is entering as many programs as you can. It will only make it harder to accumulate income through affiliate marketing, as it will spread your earnings on too many different channels.
We know you and your customers are busy, which is why we’ve created an affiliate program focused on speed and ease. Once you sign up, you’ll receive free resources that allow you to market and sell our services with ease, right to the contacts in your database.
To make the process of affiliate marketing easier, I suggest you list down the products that you really use. And I don’t mean products that you’ve used only once. List down the products that you often use on a regular basis and the products that you have experience with.
There was a bunch of years ago, the gravity was above a thousand. They ended up re-weighting everything and then putting different metrics in. But this Leptitox has a gravity of 549. That’s huge, really, really high. This one has gravity 233. Again, that’s really high.
One of the things I love about this type of monetization is that affiliate marketing for beginners is actually really easy to jump into (even without a bunch of technical knowledge).
If you follow along with the strategies above, you’ll be making affiliate sales in no time off of your blog.
Want to start a blog? Check out my in-depth, step-by-step guide on how to start a blog in 2020 here.
You could even come up with some forms or stencils that people can use to make building epic sandcastles a whole lot easier.