Commissions differ from program to program. Many range from 5% to 8% of the sale but it just depends on the price range of the product. For example, Bluehost (a website hosting platform) pays $65-75 per sale. I’ve had 3 people purchase hosting through my Bluehost link this month so far. While $225 may not seem like a lot, that’s $225 I didn’t have before and I call that a win. So just think, what if I had a 100 people purchase hosting through my link in a month… So here’s what most people won’t warn you about. It’s not that big of a deal but I want to be as transparent as possible. You may not be accepted into every affiliate program you apply for, especially when you’re first getting started. Some are easier to get into than others.
Will it be set up as an online store or shopping portal? Maybe your niche will work better as a review site. Or maybe designing the entire thing as a blog is the best way to go.
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And who knows, maybe by the time they check out, they will have added many items in their cart, earning you a hefty payout. The platform also has a decent reporting system to track what is getting clicks and which products are selling, leaving guesswork out of the equation.
How you would do it is you would go to the affiliate marketplace, you drill down on the offer you want to promote. Let’s say we’re in health and fitness and then we have Leptitox, the Godzilla of offers.
Instead, you’ll need to create an account in order to create ads, which means you’ll need to use either Google ads, or Facebook ads, or even Bing ads depending on your target audience.
You need to send a request to the merchant. Once the chosen merchant approves your application, you need to look for the links and generate traffic. Navigate to the Links tab on the header menu.
Now, these sites still work really well, but the problem is now SEO has kind of caught back up to where it was, so now you can actually build these things using video and multimedia and even transcribed content. No different than kind of the live stream strategy that we’re doing here. I mean, look at doing for you, look at DIY builds. There are so many properties that you can crush anymore just by generating a lot of content. But content takes money, time, expertise. You can’t just fake your way into getting a website that ranks for 1200 keyword phrases now. You just can’t do it. It’s just something to think about in looking at putting all this together.
To track the number of sales that an influencer is driving for your website, you can use tools like Voluum. It helps you monitor a wide variety of parameters like referrer links, browser versions, devices, creatives, and more.
You’ll often see bloggers, YouTubers, podcasters, and social media influencers using this type of approach for their affiliate marketing business.
Every big company like Amazon, Apple, Google have an affiliate program, which is free to join by any individual across the globe. If you didnot knew about this, then pay close attention to rest of this guide, my friend, you are about to discover one of the most interesting aspect of making money from home.
If you are a blogger, add affiliate links to your blog posts especially the ones bringing in the most of your traffic.
When you’re signed up with Amazon Associates, you’ll get affiliate links for all the products available on Amazon.
Now that we know the different people who are part of the affiliate marketing matrix, it’s time to know how affiliate marketers get usually paid.
Not all products pay the same commission rates. Typically, you will earn between 4% and 10% commission, and all of these depend on the categories of the products that you sell.
Follow my 3 step guide to start a WordPress blog on Bluehost if you don’t have a blog yet.
There is no limit to how much money you can make through affiliate marketing. It depends on the niche you choose and your dedication to building your affiliate marketing business.
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.