I always recommend beginners start monetizing with affiliate marketing because it’s the best way to earn money with the best risk and reward ratio.
Remember to add lots of visuals to your case studies, such as screenshots and photos/video documenting your experience using that product and the results you received.
.
Determining how much money in profit you can make from your website is not an exact science.
Affiliate marketing can be not only lucrative but also a great way to earn passive income with your website.
A great example of this is Access Trade in Vietnam, whose CEO I’ve spoken to during this year’s Affiliate Summit APAC in Singapore. He notes that affiliates in Vietnam are currently making huge profits by selling products and services that are catered towards the Vietnamese.
Here, we’ll try to briefly mention some cardinal points so that your efforts don’t go futile. Check out my blog post on more SEO tips for novice affiliate marketers.
Before you can run a successful affiliate marketing program, you have to analyze your data carefully. Here are some questions to ask yourself: Do you know the value of a new customer?Do you know the value of a repeat customer?Are you aware of lifetime value?Are you aware of your profit margin on every type of sale?Are you aware of your cost per acquisition on other channels?
For example, if you Google “learn leadpages,” you can see that LeadPages themselves are advertising for this keyword, running Google ads, promoting their weekly live webinar.
Your income will be directly related to the type of offers you promote, how much traffic you get to the site, and your grasp of other online marketing skills like email marketing and SEO.
Write your own content: You can always outsource content, but that’s not a wise idea. Instead, you should write the content yourself, because nobody else is able to understand exactly what you are trying to convey. If you can write, you will be able to build a connection with your audience, and that is what you need to make more sales.
It’s all about putting the right offer in front of them at the right time. To do that you actually want to create multiple funnels. One per visitor intent that you identified.
What exactly is affiliate marketing to begin with? Is affiliate marketing an MLM (multi-level marketing) business model? Is affiliate marketing just a get rich quick scheme? The answer is no to both. Affiliate marketing is when creators of products allow you to promote their product and, in return, you earn a commission when someone buys.
An important piece of the affiliate marketing puzzle, the consumer or customer is the reason why everything works. Without them, there would be no commissions, no revenue to share, no reason to do this at all.
It has an in house affiliate program which is endorsed by renowned blogger Pat Flynn. The program is easy to join and provide you with all promotional and training material.
Second, you have to collect emails, so that you can connect with your audience at any time you want and don’t have to hope for them to see your content.
Next to listicles, how to guides are probably the most popular types of blog posts. However, while most of the previous types of blog posts focused primarily on products/services (which makes it very easy to insert your affiliate links organically), with how to guides you’ll need to use a different strategy – similar to tips listicles.
The affiliate marketing dashboard is basic but functional, and sometimes the lack of complexity is actually a good thing.