Many advertisers are unaware of the potential of the affiliate marketing business model for their own businesses, in fact, most small businesses have never heard of it. But imagine marketing your products only to interested people for no upfront fee. Paying only when you get results is a risk-free way of advertising that requires no marketing budget to get started. As you can imagine, this is great for any start-up business with little funding for marketing their new brand.
Writing product reviews are an excellent way to enhance your credibility as an affiliate marketer. This is especially easy with information products like e-books which are relatively inexpensive. After establishing some steady income it may even be worth buying higher-end products, provided you get in touch with the product creator to work out a strategic marketing plan that takes you to the next level.
Affiliate marketing is and always will be a brilliant business model. Where I think it really has power is when you market products you use and love yourself. When you become a true ambassador for a product that you use yourself, the buyer can tell this, and they are far more likely to buy from you, as opposed to someone trying to sell something through an affiliate link simply for the reason of trying to make money.
MoreNiche is one of the few affiliate networks that offer free affiliate training and ongoing personal support in this way. Many people who don’t know about our network currently pay out hundreds, if not thousands of pounds on affiliate training courses, seminars and even personal mentors each year. But they only learn the same information we give away for free once you’re working with us!
Same here, this post kind of fell from the sky at such a great time. Been building a great community of readers over the years but reached a point where I’m losing money maintaining the site and newsletter. As you said, the ads don’t bring much -ironically I use Adblocks too but affiliate marketing always seemed like a weird and opaque subject. I’ve read many of Chris Guillebeau’s books in the last few months (this is how I discovered your site actually!) and I didn’t realize he had affiliate links for instance. Your post opened up a new window of possibility for me. Still need to process everything and do the work behind but a big thank you to you Sean!
This is a very common way to promote offers. For example, you will often see a blog post with links to certain products or services. If the reader clicks through and makes a purchase, the blog owner will make a commission. These in-text links blend in with other content on your site and are a great way of promoting an offer within your content, without being over-the-top salesy with banners.
By quite a large margin Amazon has the largest affiliate marketing program out there, with products from more than 1.5 million sellers. Amazon has the most easy-to-use technology of all the affiliate programs I will be reviewing today. Beginners to affiliate marketing with even the most limited technical expertise will have no problems in getting up and running with the Amazon associates program, while more experienced marketers can create custom tools and websites with the APIs and advanced implementations available to them. The great thing about Amazon is that anything from kids toys to laptops can generate sales if they are purchased through any Amazon affiliate link.
Too much too soon. Stick to one website to begin with. Don’t get distracted by shiny new niches. This will only dilute your efforts. It’s absolutely not a waste of time to spend hours on end researching the very best niche for you to enter into. The commission, cookies, product and even the advertiser’s website all have to be excellent. The last thing you want to do is invest money in creating your own site only to send visitors to an advertiser’s site that barely converts a single sale. Would you buy from the advertiser’s site? Question everything before you spend a single penny on building your new site.
You need to cover a subject that people are interested in. Platforms such as Facebook allow you to create Pages on which you can cover various topics. Let’s say, as an example, that you are interested in Science Fiction novels. You can talk about that on your normal Facebook Profile. You can even join Amazon Associates and begin promoting Science Fiction books to your friends and family. But, how many are going to buy anything? Well, not many. What you need to do is to create an audience that is composed of people who share the same interests. Using the above example, you can go to Facebook and create a Sci-Fi Lovers page. You can call your page whatever you want. From there, you then need to promote your page to make sure that you get a lot of people following it. Once you have increased your following to thousands, you can then begin promoting Sci-Fi books from Amazon using your affiliate links.
Thats a great point, and I’ve definitely seen my fair share of those “how to start a blog” posts. That’s always been a good fit for people at Location 180, and if they do a good job on the post (truly make it useful) that’s one that doesnt bother me as much – solely because I know how valuable starting a blog can be for your life and goals. So if it’s some personal finance blogger that creates one and you start a blog from that by following their tutorial – all the better!
This is your second option when it comes to affiliate marketing. These days, everyone is on social media. Most people have followings composed of their parents, siblings, friends and colleagues. Now, that is all great, but that’s not really going to work when it comes to affiliate marketing. If you try to use these people to sell products and services, you may have only one or two sales. If you are really serious about doing affiliate marketing via social media, you need to think of the whole venture as a business. You need to go way beyond the social networking mentality. Think of your audience as an asset. And you need grow that asset. There are a number of ways through which you can do this;