After you find an affiliate network with merchants that match your niche, the next step is to make sure you can earn high commissions from your sales. Remember, average affiliate commissions (depending on vertical) range from 5-30%. When you scan the list of merchants, do some math on potential earnings and product prices so that you maximize your revenue.
Once off payments are good, but beginners should, instead, be on the hunt for affiliate programs that offer recurring payments. I have already noted that times are tough, and the entire world is on the hunt for passive sources of income. One of the ways through which you can begin to earn a decent living without having to continuous do back breaking work is by joining programs that will continue to pay you a certain percentage of your reference’s monthly subscription.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.
VigLink works a bit differently than other affiliate programs in that it is specifically designed for bloggers. Instead of affiliates picking and choosing which merchants to work with, VigLink uses dynamic links that automatically change to work with merchants that VigLink has determined are offering the highest conversation rates and/or commissions at any given moment.
I’ve just got to hear about affiliate marketing and am really a newbie to this matter. The post above was so great and helpful for a person like me. I also took a look at locationrebel which seemed very exciting to me. I wonder if those courses and blueprints are still applicable because as far as I’ve seen, the reviews and testimonials all refer to the year 2013. It was the only reason that hold me back from joining the Locationrebel. I would be very thankful if you help me with this matter.
A quick and inexpensive method of making money without the hassle of actually selling a product, affiliate marketing has an undeniable draw for those looking to increase their income online. But how does an affiliate get paid after linking the seller to the consumer? The answer is complicated. The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently. The affiliate may get paid in various ways:
I have yet to implement all the tools you have shared and recommended in this article, but I really like the way you explain things. It is written in a very easy-to-read style, and ho hype or exaggerated comments. Now I have to get busy and take the necessary time to study, and implement, your recommendations. Thank you for all that you have shared.
Hey Karen, thanks for reaching out! You’d first have to get the small businesses to join a network like CJ, Shareasale, or Impact Radius. Once they are considered an affiliate merchant, you can find them in the platform and join their affiliate program. I don’t typically recommend affiliate for small businesses or artists, as you need a good amount of traffic to make any money. To make money quickly, I’d start by developing a website based on your expertise and personal brand, and selling a high-end consulting service to B2B clients. Feel free to check out my start here page or email course to get the details :). Thanks again for reaching out and hope to talk to you soon.
Hi Dilip, that’s exactly how I started my internet marketing journey. I had a full-time job and I only had 3 hours max. each day to update my websites, sometimes none at all, tried to write a blog while commuting (using Evernote). You don’t have to rush into it, you could start right now, and try to log on to your web platform even just for 10 minutes every day (every single day, that’s the key!) You’ll soon get used to the environment? Give it a try and see what you think. Any more questions don’t hesitate to get back to me. Thanks for leaving your comment.
Thanks Nathalie! And glad to see you came over from AONC 🙂 When done the right way I think affiliate links in context are much less intrusive and offensive than having ads on your sidebar. The average non-tech reader probably wont even know its an affiliate link anyway. So just by doing everything you’ve already been doing, you can switch out links, and probably make a nice side income!
That’s a great tip Sean, thanks! I was thinking about what you said in your post about some companies not putting that they have affiliate links and you having to do some digging and there are couple of companies/authors who made products I love and keep using, but I’m not sure how to go ahead and ask about the affiliate link. I read the post you linked below about asking for guest blogging, which I thought was a must-read, and so, if you think of doing a follow-up on this one, would love to read some of your tips and do’s and don’t about this. Thanks again, Sean, you’re doing some very inspiring work here!
Great post and right on target. I found that if you blog and/or do videos that sharing little stories will help connect you to potential leads. I do how-to videos and posts and I always tell personal stories or my own experiences that relate to the subject. It works and I get personal messages from people about it. It makes you more real and down to earth in the viewer's eyes. Once they like you and trust you they will become a lead and hopefully a sale. They may very well become a regular buyer because you will be their go to person. For best results it's best to blog daily and do at least one video a day.
Being open and upfront about earning affiliate commission is another way not to appear pushy or as if you’re just trying to make a sale. This very useful and informative post contained a number of affiliate links and were I to want to buy one of those products or services mentioned, I would actively seek out this post and buy it through Sean as a way of saying thank you for such top information.
Also I don’t believe the way they make more commissions each time your referral happens to refer to others, and the referral’s referrals and so on. It means the part of the job is about educating others to sell. If you love that kind of stuff, then perhaps that’s what it is, but I don’t personally recommend it, just like I don’t recommend jobs that I’m not interested, for example working for a call center.
On the other hand, they may need longer to think about it. Perhaps they’re waiting for payday, or they’re not quite sure yet whether they prefer the blue one that they also spotted while browsing around the advertiser’s site. They may go away and come back in a couple of weeks’ time, no longer able to resist the urge to blow their wages on a better board.
One big difference between SkimLinks and VigLinks, however, is that once you’re approved by the company, you can choose to work with any merchant or program on its platform. SkimLinks has also published a white paper discussing its partnership with Buzzfeed, giving SkimLinks a lot of credibility. SkimLinks also has a higher tier of vetted merchants called “Preferred Partner” and “VIP” that both pay higher commissions than standard merchants.
The Federal Trade Commission actually recently shut down the MOBE Program (My Online Business Empire) because it was a total scam! It charged you money to buy into the exact same things they were promoting, but then wanted you to bring in new people to promote the exact same things… and it created a situation where no one was bringing real value, and money was just trickling up to the top.
Shopify is a very popular site building platform for people interested in building eCommerce stores. It has been around for the past few years and seen significant growth in its user base over this time. You can earn a staggering 200% per sale for every new customer you refer to them, which means that there is up to $2400 per new customer on offer.
Betfair Affiliates is the affiliate marketing program for the well known Betfair betting website. Betfair’s primary market is sports betting. It’s actually a betting exchange, so it allows gamblers to place lay bets too – in other words, bets that bank on the opposite outcome. Betfair also offers in-play betting that allows users to lock in profits before the match ends. They also have great offers for the new customers to Betfair Casino.
LinkConnector is something of a mixed bag, so it’s probably best for experienced affiliates who have become disillusioned with other networks and are looking to expand. LinkConnector’s bizarre mix of high-quality products and a low-quality dashboard make it hard to truly assess its viability, but their exclusive deals with some vendors can make it a true home run for publishers working in certain niches.
Well written article, I have learned new affiliate networks, that I didn’t have knowledge about. Affiliate marketing is one of the best ways to make big money online. Many people try it, but give up when sales don’t come, in my opinion, achieving success in affiliate marketing requires you to choose the right networks to promote, and have patience. Simple advice should be not to try to promote everything you come across, do research and test to find out what works best. Thanks for sharing this great article.