Hey Sue, I can’t disclose the amount of money that the website was earning when I sold it, but as I admitted at the onset of the article my income from Amazon would have surpassed $100,000 had I not sold the site. I already have several other authority style websites I’m building up as well as my network of smaller niche sites that earn good money as well.
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I went from making $20k in 2016 to $100k in 2017 by dropping my web design/SEO clients and doing affiliate marketing/blogging full-time. 90% of my (passive) affiliate income comes from SiteGround, a hosting company who awarded me affiliate of the month in July, 2017 when I made $9k in 1 month. Since then I’ve continued to hit numbers like this – the screenshot below is from March, 2018 when I made $14.5k in 1 month (just with SiteGround).
Chris, I am glad you have had good fortune with amazon, I think I have chosen the wrong niche, it appears to be very competitive, I have had my site for 4 mo, and have made zero, however, it may not be all bad, I still work on content, and I do get indexing, however, I am at a loss on how to find keywords on ranking content; If I could find this out, then I could do some seo on any LSI keywords. I do agree about having a nice looking website, I paid far much less then you did, and I think I turned out with a site that looks very nice; If visitors do not think you are legit, or if you content looks like trash, then the will bounce before you can blink. I think once I can find those magic LSI keywords and rank them, then I think things will turn around, as I have also invested quite a bit up until this point.
Honestly you just need to narrow down to a niche that you want to focus on and then move forward with something. I spent less than a few hundred bucks when I first got started. Now years and years later, I’ll spend tens of thousands of dollars starting or buying something if I want to. But that’s the fun part is that unless you have a big inheritance everyone starts from zero and then tries to grow from there.
You must remove from your Site any links and related references to limited time promotions as soon as that promotion on the relevant Amazon Site ends. For example, if you include links to Products in the apparel category of an Amazon Site and mention that there is 15% off select products in Amazon’s apparel category, you must remove the mention of the 15% discount from your Site as soon as the promotion ends.
Thanks for all the great info. I have had some moderate success with amazon before, but nothing of that magnitude. The best selling lists have works for me, as well as creating a ‘recommended’ list or ‘library’ full of interesting products, although I have always found its better to actually be interesting in the recommendations rather than just plugging anything.
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Many new affiliate marketers like to use the Amazon Associates Affiliate Program as their first way to start earning a living online. This is actually a great choice! Amazon is trusted by almost everyone and most people you refer to Amazon will already have an account on Amazon. This lowers the barrier to a sale. Many affiliate marketers earn a full-time living just by using the Amazon Associates affiliate program, but it has to be done right. Here are some tips and tricks to earning substantial earnings using the Amazon Associates Program.
Yes, we shall see what happens with the Trump administration when we have to cross that bridge with possible tariffs. That being said, there are still Amazon FBA owners who are making their products using American factories. It is also important to note that there are booming Amazon FBA markets OUTSIDE of the USA too that often have far less competition (Germany and UK as an example). You could hire a good translator, translate your blurbs into the native language of the market you’re looking to target, and experiment there as well.
Affiliate marketing has grown quickly since its inception. The e-commerce website, viewed as a marketing toy in the early days of the Internet, became an integrated part of the overall business plan and in some cases grew to a bigger business than the existing offline business. According to one report, the total sales amount generated through affiliate networks in 2006 was £2.16 billion in the United Kingdom alone. The estimates were £1.35 billion in sales in 2005. MarketingSherpa's research team estimated that, in 2006, affiliates worldwide earned US$6.5 billion in bounty and commissions from a variety of sources in retail, personal finance, gaming and gambling, travel, telecom, education, publishing, and forms of lead generation other than contextual advertising programs.
This is the complete opposite of PPC, where you’re not even seen by the consumer in order for the transaction to take place. Instead, this is you talking directly to those who may need a product that you’re offering, who have their ears and eyes on you. This is not using your money in order to make money, like with PPC. It’s using your reputation, trust, and authority in order to get others to take your recommendation, use it and pay you something in return in the form of a commission.
Marketing with articles is different within the last year or two. Back in the day of marketing with articles, you might write down a write-up, submit it to 10 article submission sites, and count on a Overflow of name new targeted traffic to your internet site instantaneously. But currently, this course won’t create the very same benefits. Chiefly due to the latest adjustments to google search methods which may have modified this content advertising and marketing online game in the future. A lot of experts have cease marketing with articles totally, and still have removed on do other marketing methods which could quite possibly regain their targeted traffic. Effectively, men and women this way ended up bothersome in the first place. Experts this way ended up employing content and article submission sites for their major method to obtain traffic generation on-line – and that is something must not do. Never ever depend upon 1 method to obtain targeted traffic in relation to online marketing. It can be as being a key failure of affiliate marketing since at anytime a strategy could become unsuccessful in your case. That is a thing that you will have to make note of. After Yahoo In .PandaIn . bring up to date, the joy of marketing with articles modified big.
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.
For example, say you get 1,000 visitors to your site each day. If your conversion rate is 1 percent, then that means 10 of those visitors will end up purchasing something you recommended. If the average commission you receive is $5, then that means each day you'll earn 10 * $5 = $50 on average. This gives you an idea of what you can do to improve your affiliate business. To grow from this point, you can either work to increase the number of readers you have or you can work at increasing your conversion rate.
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If there’s no products on Amazon for “High end” then you have no Amazon products to promote and no way on earning any commission. Why not try keywords like Best (x) or Luxury (y) where there will be more search volume. Let’s say you want to promote hammocks, you can then target search KWs such as Best Hammock for Under $100, Most Comfortable Hammock, Luxury Hammocks etc. Let me know how you get on.
Some advertisers offer multi-tier programs that distribute commission into a hierarchical referral network of sign-ups and sub-partners. In practical terms, publisher "A" signs up to the program with an advertiser and gets rewarded for the agreed activity conducted by a referred visitor. If publisher "A" attracts publishers "B" and "C" to sign up for the same program using his sign-up code, all future activities performed by publishers "B" and "C" will result in additional commission (at a lower rate) for publisher "A".
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With the global market creating opportunities for affiliate marketers, Nele Sharp from CJ Affiliate by Conversant touched on a number of ways publishers could capitalise on their global presence - such as identifying local consumers and finding relevant advertisers to work with while also doing your research on the location/region you’re targeting, including any laws or privacy disclosures.