“Jack the guy from IT takes care of that” isn’t the type of answer you want…or should accept.
Hopefully, within steps 1 and 2 you have made a list of at least 10 products or services that you would like to promote.
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If you want to check if a company has an affiliate program or not, search Google for the company name and “affiliates” or “affiliate program”. You may be surprised to see how many online stores run affiliate programs. Walmart, Target, Home Depot, Chewie – they all have them.
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The global rise in eCommerce sales and the high prices of physical products make them ideal for affiliate marketers looking to earn a full-time income from their sites.
This way you will understand your target audience better and optimize your site or make changes to your content according to what they like best. You will also learn how to adapt your marketing strategies in order to generate more sales.
Here's what that means: if you select a highly specific domain name, such as one with the name of the products you intend to promote, when you decide to diversify into other niches, you might need a whole new domain name, which is expensive and time-consuming.
Not only that, it also pays 10% recurring commission if your referral makes repeat purchases.
For now, we have to make sure that we complete steps 1 and 2 which is essentially finding solid products to promote.
Out of all the different types of affiliate marketing, the influencer is a fairly new model that’s quickly becoming a popular approach as more and more consumers preferring recommendations by their peers instead of the traditional advertisements.
Some companies run their own affiliate platforms that you can join directly on their website. You can usually find a link in the footer, saying “Affiliate program” or “Referral program”.Affiliate networks:
As for running ads, you’ll need to make a bigger investment – the more ads you place and the more people you reach, the bigger your sales will be as a result. [/et_pb_toggle][et_pb_toggle title=”What are the costs associated with affiliate marketing?” open_toggle_text_color=”#00afc0″ open_toggle_background_color=”rgba(0,0,0,0)” closed_toggle_text_color=”#5b5b5b” closed_toggle_background_color=”rgba(0,0,0,0)” icon_color=”#ff7900″ use_icon_font_size=”on” icon_font_size=”22px” _builder_version=”4.4.7″ title_text_color=”#5b5b5b” title_font_size=”1.2rem” closed_title_font_size=”1.2rem” body_text_color=”#5b5b5b” body_font_size=”1.1rem” body_line_height=”1.5em” body_ul_text_color=”#5b5b5b” body_ul_font_size=”1rem” body_ul_line_height=”1.6em” hover_enabled=”0″ custom_css_toggle_icon=”content: %22%924c%22!important;||” border_color_all=”rgba(0,175,192,0.29)”]
Then, just scour through lists of affiliate programs for your niche to find the best ones for you and your audience (remember though that it’s important to promote products and services that are of high-quality – products and services that you’d genuinely use yourself). [/et_pb_toggle][et_pb_toggle title=”How do I find out whether an affiliate program is worth it or not? ” open_toggle_text_color=”#00afc0″ open_toggle_background_color=”rgba(0,0,0,0)” closed_toggle_text_color=”#5b5b5b” closed_toggle_background_color=”rgba(0,0,0,0)” icon_color=”#ff7900″ use_icon_font_size=”on” icon_font_size=”22px” _builder_version=”4.4.7″ title_text_color=”#5b5b5b” title_font_size=”1.2rem” closed_title_font_size=”1.2rem” body_text_color=”#5b5b5b” body_font_size=”1.1rem” body_line_height=”1.5em” body_ul_text_color=”#5b5b5b” body_ul_font_size=”1rem” body_ul_line_height=”1.6em” hover_enabled=”0″ custom_css_toggle_icon=”content: %22%924c%22!important;||” border_color_all=”rgba(0,175,192,0.29)”]
So we highly suggest that you get involved with some serious training so you can get your business off the ground quicker and so that you can have an edge on your competitors.
Want to grow your blog without burning out? Blog marketing doesn’t have to be hard. Check out this video with a 4-step process to market your blog in just 1 hour a day and you can download the free workbook to create your own blog marketing plan!
This would start the whole process in which strangers will turn into your subscribers by downloading the lead magnet, from there they'll start getting your automated emails which also have your affiliate links.
The best definition of what affiliate marketing is can be found on Pat Flynn’s Smart Passive Income: