The advantages of the affiliate marketing business model for the affiliate are quite obvious to anyone. Having the opportunity to effectively ‘sell stock’ without having any of the costs or responsibilities of manufacturing, buying or storing it is very liberating. In addition to this, when working with a high-paying network like MoreNiche, the profit potential is enormous.
You can bid on PPC keywords related to the product you want to promote. However, you’re correct – there are usually restrictions around using any brand names in the keywords/ad copy. So it becomes a battle of non-brand keywords where you’re going up against the brands themselves and it can get expensive. However, it can work if you have a sizable budget and send users to a comparison page. Ranking 10+ different products increases your chances of revenue.
Hey Jennifer, I don’t really know much about MOBE as I haven’t had personal experience myself but in terms of paying for a programs, i’ve had experience with the Six Figure Mentors. They teach people marketing and entrperneurial mindset stuff that I found invaluable. They have a paid tiered membership system that can be promoted on an affiliate basis. What sort of affiliate business are you looking to set up?
This is another thing that affiliate marketing beginners need to be aware of. Affiliate marketing is not limited to blogging and social media. You can actually do it using email. However, the challenges that you face here are more or less similar to the ones that you face when it comes to blogging. Without a big audience, you are probably not going to be able to make it work. Anyway, there are many ways of increasing your mailing list. You can use your blog, as an example, to offer freebies to those that are willing to sign up for your newsletter.