Making Sense of Affiliate Marketing is a premium class developed by Michelle Shroeder-Gardner to help reader learn the ins and outs of affiliate marketing.
I'll cover this in the next section so keep reading to see how you'll benefit from affiliate marketing...
.
Although physical products have more conversion rates, in my opinion, one good quality digital product sold is equal to 3 physical ones.
By recommending products you actually love and trust you are adding value for your audience.You are connecting them to something they need but didn’t know about until you made the introduction.
There are also strict federal rules affiliates must follow regarding disclosure, so you will need to understand the most current FTC regulations to avoid repercussions.
You can make good money by promoting this wonderful theme. GeneratePress provides a 35% commission on each successful sale you make.
To further understand affiliate programs, let's consider an example — Wirecutter.com, a New York Times company, is a website that lists product recommendations for shoppers. Wirecutter largely earns commission based on affiliate relationships with retailers.
Be available to engage and respond to any social media comments. This will help you to build a community and generate customer loyalty.
(i) First, you need to Login to an Affiliate Program e.g. Amazon Affiliate Program.
Start with growing your email list, then engage with your subscribers by sending them relevant and personalised campaigns. From time to time, include your affiliate links in your campaigns.
I suggest adding product reviews and personal opinions in articles related to affiliate products. More information will help your readers decide whether or not to buy the specific products. If you are really willing to sell a product in high quantity, make sure to shower with all the praises you have.
This step comes from my mentor Dave, who makes millions of dollars with affiliate marketing and is a proven person who leads by example.
Make it a habit to check on that data at least once every month and keep clean records of the most important Digital Marketing metrics.
(ii) In Affiliate Marketing, choosing a product type is termed as selecting a ‘niche’.
Angular, React and Vue templates currently are a very hot topic. A lot of people are developing web apps using admin dashboard templates. Don't miss the chance and seize the opportunity now.
In terms of making money, the sky is the limit. Most affiliate marketing programs usually range anywhere from 15% to 40% commission but I’ve seen ones as low as 1% and as high as 100%. Affiliate sales are usually paid either based on a percentage of the sale or a flat fee.
The best place to find the answer to that question is at our digital marketing course.