The great thing is, you don't have to deliver a generic email because you do actually know a few things about your visitor and what they want. So you can send an email that says something like “Thanks for sharing what your needs are in a gas grill! We hope our personal recommendation was a winner, but if not click here to read our full guide to buying the right gas grill.”
The good news is, you don’t have to be an expert on dog food to put together a quality affiliate marketing business model and you certainly don’t have to partner with a large corporation like Amazon. Heck, I could partner with a locally owned holistic dog food store and help them increase their profits by several hundred percent by shipping products nationwide. It’s up to you!
Access more than a hundred courses on various aspects of Amazon, ClickBank, Affiliate Marketing and related domains on Skillshare, by simply subscribing to the platform at nearly zero cost. The best part is that you are not charged until a few months, so you can test things out and cancel subscription at any point if you want. The courses here include techniques on how to drive traffic to your website for free, how to use Instagram for promoting Amazon Products, how to run an Affiliate Business and a lot more.
Great post , I do read a lot of the Nichehacks articles and this one is so true. At the moment I am in a niche I'm passionate about and yes although I am primarily using Amazon to monetize my site, I will be branching out to use other methods very soon. It frightens me to think the plug can be pulled at any time! I intent to use other affiliate programs as well as Amazon, maybe Google Adsense, I'm not sure yet, some digital products and also to build an email list.
Amazon used to have a variable fee structure where you would earn more money if you referred more sales to Amazon. They would start at 4% and you could earn up to 8.5% of a sale if you referred enough items. Amazon did away with their variable fee structure in early 2017 and replaced that system with a fixed percentage payout based on the category of products. Some niches pay a lot less than others and it’s important to be aware of the payout before you pick a niche:
Very interesting post. I am saving this page for future reference. I personally liked tip #9. I know some people who try to locate themselves in niches that sell high valued products only and they do not make enough sales, consequently low commission as well. It’s better to target those items that sell quickly first, where people do not do a lot of thinking and research before buying.
So, now that you know everything there is to know about how to add Amazon affiliate links to WordPress, what will you do with this information? Just save a little money on Amazon? Will you start out small and embed promotional product links into your blog content? Will you be adventurous and launch your own Amazon affiliate store? Or are you concerned about the use of too many affiliate links affecting site speed?
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Affiliate marketing is a great way to very easily add a revenue model to a website that has traction. Content based websites remain extremely popular on the Internet, but it can be difficult to also create premium content or a related product that can generate significant revenue. Physical products can also be a difficult model to crack early on, particularly due to lack of cash-flow or investment. Affiliate marketing makes perfect sense for companies that are looking to get into an industry such as fashion, but do not have the resources to handle their own stock or distribution just yet.
Affiliate marketing also is a very broad term; under this umbrella there are several different strategies that can be employed to generate affiliate revenue. The most appropriate and lucrative method (or methods) can depend on a number of factors, including your site’s niche and characteristics of your audience. Below is an overview of some of the most popular affiliate marketing implementations, along with examples of each.
LOVED this – thank you Chris. So glad I found it just as I was about to add a store to my blog. I think it would be a better idea to just start linking to Amazon in every recipe and post! (Right?) BTW – I’ve already shared this post on G+ and LinkedIn and sent it to a bunch of friends. I always wish peeps would TELL me when they share my stuff, so here I am telling you. 🙂
You should also have tracking setup for every affiliate link of yours. You can do this with something like Voluum that can track the sales you are getting and where those sales are coming from. This will be useful data for an analytical buyer who wants to split test the website, not to mention it will allow you to split test the site and possibly push your monthly net profit up which will also increase your site’s listing multiple price.
If they own a website or a business in a similar niche, then owning a large affiliate site could be a great complementary way to make more money while still dominating the main niche that they are focusing on. Since affiliate sites do not take a lot of time to manage when not in growth mode, a Strategic Sally could buy this site and just use it to boost her personal brand or the business that she is currently growing with ease.
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