It would be remiss to talk of Affiliate Marketing solely from the point of view of the affiliate. In fact, affiliate marketing begins with the merchant. He is actually the one who comes up with the product or service. Anyway, if you are a merchant and you are looking to get started with Affiliate Marketing, don’t hesitate to check out this article in which I cover the topic. However, there are a few things that I can mention here;
A sound product strategy is a must for new affiliate marketers. Ideally, you should choose a niche that you can make money online with and has a lot of product vendors. This will give you a wide selection of products to offer your online community. However, when you're just getting started you should limit yourself to two or three products at a time. This will allow you to really become an expert on the products you are promoting which can be helpful when it comes to marketing those products (such as writing products reviews).
AWIN is probably best for experienced affiliates who can hit the ground running without a lot of guidance or feedback from the network. There is a $5 fee charged to apply to become an affiliate, but if you’re approved, the $5 will be added to your account. If your application is denied, however, you will lose the $5 fee. AWIN operates globally, but it is most heavily concentrated on British and EU merchants.
I’d stick with Amazon if I were you. All of my Amazon sites only have Amazon affiliate links. If you use Google Adsense display ads on your site, you’re literally taking people away from your site for the sake of just a few cents with these type of ads. If you direct them just to Amazon, then you have a greater chance of earning more money from that click.
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.
There’s a ton of organic traffic you can get from search engines if you do SEO properly. The days when Search Engine Optimization was about cheating Google are gone. Today, it is about making your website better for visitors. People naturally look for information online. That’s why you should learn the basics of on-page SEO, keyword research and link building to be the information source they find first. Who wouldn’t want to rank #1 for terms such as “best product” or “product review” in Google?
You can join an affiliate network: There are plenty of affiliate networks out there. Companies looking for affiliates to market their products can go down this route. Some of the best known affiliate networks are CJ Affiliates, Amazon Associates, ShareASale and many others. The advantage of joining an affiliate network is that you do not need to run around looking for suitable people to promote your products. Most affiliate networks have tens of thousands of affiliates on their books and you will be able to find appropriate people for your program.
Hi Ray! Thank you for such an informative article. I am hoping to make a passive income from affiliate marketing, I’m willing to do anything that experts suggest, and just found your site. I haven’t decided my niche yet but I find your site so helpful. I’m trying to get my head around this weekend and will start something. I have some questions if you don’t mind,
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.
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Hey Jordan, Thanks so much for your awesome feedback! Im so pleased this post has inspired you to create your own promotions for products/services, that’s what this is all about. Seeing messages like this inspires to create more great content for all of you to help you achieve your goals. Two awesome Hosting affiliate programs are WP Engine and Bluehost. The former pays $200 per referral, one of the highest in the industry. They specialise in hosting for WordPress-powered websites (I use it here on Bengu). Bluehost is another great affiliate program that offers realible, cost-effective hosting for the masses.… Read more »
Review sites: If you offer a product or service that is more expensive or niche, it's likely that most of your buyers need to conduct research on that topic before purchasing — if that's the case, it might be a good idea to research the top review sites related to your product or service, and reach out to the business or writer who published the piece, asking whether they'd be interested in providing an affiliate link to your product or service in the text.