Whether you're starting a new business from scratch or already have an existing business (offline or online), affiliate marketing is a great way to generate income online. All you have to do it recommend relevant products or services to your audience and the vendor of the product your are promoting handles everything including product creation, handling the sales process, customer service, refunds, etc.
You need to decide on a domain name for your blog: This can be anything and you don’t need to worry about it too much. However, most people prefer to have a domain name that speaks to the theme of their blog. As an example, if your blog is going to be focusing on buying eggs, you can call your site buyingeggs.com. You will find that most of the intuitive domain names are already taken. You will also find that some of these are up for sale for thousands of dollars. My advice is that you should never buy these. It’s a waste of money. Your site is only going to be as good as its content and buying a domain for $20000 instead of $12 is not going to do it for you.
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!
For me I would choose a program with Recurring commission. You can build a real passive income. Its the best way to go! One suggestion is contact companies who sell services and ask if you can sell their service for them. Sometimes popular affiliate programs like these have just way too many people trying to sell their service. I personally went to sitecare.ca and asked them if I could sell their service and I couldn’t be happier! So find a service you believe in and go for it!
The fit must be right between you and the merchant who is going to benefit from your promotional efforts, or it simply won’t work. The easiest way to begin with affiliate marketing is to select an affiliate network. Many affiliate networks exist, some of which are tied to well-known companies like Amazon, Google, and Apple, while others specialize in specific types of products and services.
When you visit an affiliate company, you’ll be able to choose between a free plan or one that comes with a monthly cost. The premium membership comes with more support, more websites, and a stronger connection to the affiliate marketing community, but if you’re at the point where you’re just dipping your toe in the water to see what it’s like, the free membership option comes with some support for the first week and enough freedom and tools to quickly create a basic website and get going.
Some of the links on our website, which means that if you choose to make a purchase, we will earn a commission. This commission comes at no additional cost to you. Please understand that we recommend them because they are helpful and useful, not because of the small commissions we will make if you decide to buy something. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
To make money from affiliate marketing, you need to ascertain that the product has a high demand. No matter how much efforts you make, you might make little or no sales, it totally depends on the demand of the product. You need to know if it is what your audience really needs. If you manage to get a reasonable amount of traffic on your site, then you can run a small online survey to get input from visitors.
If you have built up an email list, you could also promote your affiliate offers via email promotions. Just make sure you build up a relationship with your audience first instead of going for the hard sell straightaway. The emails you send out must contain your affiliate links to products so when your audience click through. the sale is attributed to you.
Thank you very much. I signed up to a few here and I am very grateful to you for making all of this valuable information available – you have saved me time. I could not sign up to Shopify as it just kept on reloading page to SIGN IN and not create a new account – confusing. VigLink does not allow a new account sign up either.. Rakuten did not say if they charge to be apart of their affiliate prog and actually there is no sign up for that option. If you can help me with these three prog’s… Read more »