Hi Ray, great article. To me affiliate marketing is the best way to earn commissions. I know other ways like joining surveys or writing for others but you can only earn temporary income not passive income. I would rather like to have a good income source that provides constant income for years to come. This is to me the only way so I totally agree with your suggestion. Thank you for such an informative post.
Aside from the obvious advantages of running your own business, being able to work online from anywhere at any time, and having the freedom to choose just how hard you work, there are a few other perks. Affiliates with a strong social following (also known as influencers) can expect to receive freebies from advertisers looking to boost their brand awareness.
Hi Ray, I can learn a lot of stuff from here. I am hoping to make a good success in earning good commission income month after month so that I can leave my day job, hopefully within this year. I have joined CJ and Awin so far but haven’t decided what to promote as yet. I’m busy building my site and there seems to be so much to learn. Your post sure helps a lot, and I have also recommended it to a couple of my friends also. Great job, thanks!
Hi Ray. I have been invited to join a backlinking and social media promotion service. What do you think of them? I know backlinks can be important to rank in search engines but how many do you need? I have an account with Facebook, Twitter, Instagram, Linkedin and Pinterest but I don’t use them regularly. Can a social media promotion service automatically post my affiliate links for me, they did not give me the detail?
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As this article aims to cover affiliate marketing for beginners, here’s a little example for you. So, let’s assume John is an affiliate. He has a website which is all about skateboarding. On it, he has a blog where he shares videos of his latest stunts, pictures of the parks he’s visited, and in-depth reviews of the best and worst skateboards he’s ever used.
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.
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.
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?
Another network you should consider when it comes to promoting products as an affiliate is Amazon.com. As you may already know, just about any physical product can be sold on Amazon.com. Though products on Amazon generally offer lower commissions than their digital product counterparts, selling products on Amazon as an affiliate can be a much higher volume business and most people trust Amazon as a merchant, making it easier to sell products as an affiliate.
A relative newcomer that was only founded in 2014, ConvertKit has taken the world of email marketing by storm. According to the company, they now have nearly 20,000 active customers of their email services. Their affiliate program works by paying existing customers a lifetime 30 percent commission for referrals that subsequently become ConvertKit customers or who sign up for ConvertKit webinars and other digital products.
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.
Hey, thanks for the great post. I’ve been following Pat Flynn and love his “give and it shall be given unto you” attitude..my perception anyway. At 50, with a high school education, I’m trying to learn affiliate marketing from information online. What I’ve gleened so far is to focus on giving the best, most honest information, like your Parents would give you. In exchange for your efforts rewards will come.
Affiliate networks are intermediaries between merchants that sell products and affiliates that promote them. Joining one benefits merchants and affiliates alike. Affiliate networks allow publishers the ability to search through merchants (advertisers) and join them in one place. Furthermore, they allow merchants to reach a larger audience and promote them to all affiliates in the network.
Hi, very informative site. Also thank you for your newsletter, I appreciate your advice. I have also recommended this site to some of my friends as they are desperate to learn to make a success online. It is difficult sometimes if there are too many resources and advice, they can be too complicated to learn. Your advice is the most comprehensive and you tell us what not to do. This is exactly what we need. Thank you.
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.
Hi Kenny, no you shouldn’t be involved with spamming. If you receive an unsolicited email, either ignore it or report it 🙂 The basic ‘rule’ is (as you may have guessed it) to be as honest as you can and think about the benefit for the users and not to try to sell something unless you think it’s worth the money in their eyes. If you need any help in starting up, don’t hesitate to get back to me at any time. Thanks for your comment.