Excellent article Chris! This will help me out a lot. I am a new author through amazon and my book is also being sold through KDP Select (The kindle option worldwide) but regardless of my advertising on my Facebook page, which cost money, I do not seem to be getting anywhere. With Amazon Associates, is it totally free and no cost to you or do you pay a fee over a certain amount of time. Also if you have any tips on how to get a book out there that would be excellent. My book is being sold at Books a Million, Barnes and Noble, and Alibris. I plan on doing a book signing at Barnes and Noble in hopes it will raise awareness of my book.
When you’re picking a domain name you’ll want to choose an authoritative domain, that doesn’t limit the potential of your website. For instance, topoutdoorgrillreviews.com might sound like a good choice, but then you’re limited to just writing about outdoor grills. Something like theultimatebackyard.com will allow you to expand your site into different niches as your site becomes more established.
The question keeps lingering in my mind. What is affiliate marketing programs about? Is this an easy way to generate income online? Upon researching about the topic I found that this is a very lucrative business model and one that does not cost a whole lot of initial capital. There are literally countless out there you can join and the idea of affiliate marketing in itself is very doable. You simply become the deal maker to connect the buyer and the seller to perform a transaction. Once the transaction is successful you earn a commission.
5. Payment Options – Amazon pays their affiliates in a number of ways. One of the things that I like is that they give you the option to be paid in products instead of cash. I don’t do this every month (I couldn’t spend that $20,000+ a year at Amazon… well maybe I could) but occasionally do and use it as prizes for blog readers. I recently offered DPS readers $500 of Amazon products in a forum signup competition. The prize is paid for out of my affiliate earnings.
Armed with this knowledge you’d think that people would spend more time testing their theme or website layout to determine the optimal way to make money from their website right? Well, this is precisely why once you get your website to start earning ~$1,000 per month you should consider testing out a new theme. It doesn’t make sense to start testing theme changes or try moving to a new theme until you are making at least ~$1,000 per month.
Amazon has long offered short-term bounties and bonuses around specific products, but the new system gives the company more power than ever to promote certain brands and categories. Affiliates hawking Amazon’s own products, like Prime Video, Prime Music, and Kindle Unlimited, will receive significantly higher rates than physical versions of the same media from traditional publishers.
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