Many affiliate marketers start out with amazon.com through their affiliate program called Amazon Associates. Their commission structure is very low and can range from 4% to 10% only but you can also leverage their global selection of products and amazon’s popularity. You could also think of the places you have shopping from online and I am almost certain they will have some sort of affiliate programs that you can join for free.
Smart Passive Income proves that being an authority in your niche is important. Pat Flynn is the creator of the site, and affiliate marketing and other forms of online income are not only where his expertise lies, but it’s also what he sells. Flynn recommends hosting, blogging tools, helpful books, and more resources to guide others toward making their own passive income with his expertise.
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Traffic is increasing a little bit in March, that’s always exciting. One of the reasons is that one of the posts got some exposure and shares on Facebook. I know that social media is important and can drive a lot of traffic but I have not spent much time with it, maybe something I should spend more time on… The good thing is though that the Facebook exposure happened naturally.
After finding your blog, a couple weeks ago, I finally setup a carousel on one of my blogs. After reading your blog, I had a bunch of different ideas on how to use my Amazon affiliate account across a handful of my blogs but as of April 15th, Amazon is closing the affiliate program for all Illinois residents. The Illinois governor signed a tax law that requires Amazon to charge tax on affiliate sales in Illinois even if the retailer doesn’t have a presence here.
Authoritative figures in an industry also participate in affiliate marketing. In England, Martin Lewis, aka the Money Saving Expert, recommends hundreds of financial products across his site for things like credit cards, loans and insurance. When he recommends a financial product, he includes a link to where you can apply or obtain it. And with some products exclusive to him and his site, it is no surprise that his company sold for over $100 million in 2012. Lewis sends out weekly emails filled with money-saving tips and deals, also filled with affiliate links.
If an affiliate site is using SEO as its primary traffic getting method, then affiliate sites can become very appealing to a Lifestyle Larry. Outside of doing some link management and making sure the offers are still valid, there isn’t a whole lot of work to be done unless the new owner wishes to grow the site. If they are content with living off the residual income though, there isn’t a lot of day to day management that they are going to have to do.
Yes, this is similar to the first point; however, it's important to take this one step further. Don't just stop at “best sleeping bags” or “sleeping bag reviews”! You should target phrases that are even longer tailed, which could mean going after keywords with very low search volume. I do that here on Niche Pursuits and every blog or website I've built.
It can be time-consuming to find product images to use when promoting Amazon, the same thing goes for adding links. With EasyAzon I can add images, links, product info boxes and more by the click of a button directly from my own site. Super simple and it saves time and helps maximize earnings. If you monetize with Amazon take a look at EasyAzon here.
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I also think that affiliate based business models provide an amazing opportunity to build up momentum and eventually create a product or ecommerce based company. Selling your own products will always be more lucrative than being an affiliate business, but there is an inherent risk associated with this model. If you can grow an engaged audience over a long period of time, it will be much easier to transition to your own products and the investment in manufacturing and distribution will not be as big of a risk because you will already have an audience.
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My favorite part of the article was the part on growth stategies, specifically Earnings Per Clicks (EPC’s) I am a “Newbie Norm” to affiliate marketing and am looking for products using this as one of my metrics for evaluation. Another metric that could be helpful, especially with Clickbank, is Gravity, which is the number of affiliates making and selling a product offer within the last 30 days (I believe).
SEO: getting consistent traffic by writing AWESOME content about your keywords (there’s a phrase “length is strength” in SEO and this paid off big time for me). Maybe you’re doing videos or an eCourse, but I found blog posts WAY easier to update which means less maintenance. The biggest factor by FAR was the time I spent meticulously creating my tutorials… which eventually resulted in a sudden 3x increase in SEO traffic