2. Commissions – John writes that he’s not satisfied with a 4% commission. He’s right in some ways, 4% isn’t that much when you’re selling a $10 book – however when you’re selling a Get a Price on the $5000 Camera or a $25,000 Tractor (I know someone who does quite well out of ride on mowers and tractors) it certainly adds up. Not only that, the 4% rate that John talks about is the base rate. Unfortunately it is as high as it goes on consumer electronics – however on most other products there is a sliding scale where the more you sell the higher your commission goes to. Sell more than 6 items in a month and your commission goes to 6% – sell over 630 and you’re up to 8% (the rate I’m on). The 4-Hour work Week that John uses as an example earned me around $1 a book. Still not a lot – but I did sell 100 or so of them (after my interview with it’s author) which not only earned me $100 but also helped push the numbers of sales up for the month, moving me into the next earning bracket.
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.
The one thing to be aware of with WordPress Amazon affiliate plugins is that you don’t want to use one that offers link cloaking. This is a method used to protect affiliates from a threat known as affiliate link hijacking. However, Amazon expressly forbids the cloaking of their links, so you’ll want to avoid plugins that do that or always be sure to disable that functionality if they give you the option.
You will earn the Special Program Fee Rates described in this Section 4(b) in connection with “Trade-In Events” which occur when (1) a customer clicks through a Special Link on your Site to an Amazon Site and (2) during the resulting Session the customer adds a product to his or her trade-in shopping cart and then submits a trade-in request that Amazon accepts.
1. Amazon is a trusted Brand – I surveyed some of my readers a year back and asked them to give me a list of online stores that they had made purchases from in the last 12 months. Amazon came up number 1 as the most popular shopping destination mentioned. Readers know Amazon and are familiar with it – they trust it and do spend significant money there.
Notwithstanding the foregoing or anything to the contrary in this Agreement, if any of the requirements set forth in section 5(a)(i-iv) remain outstanding for six (6) months immediately following the close of a Customer Transaction, then your right to receive Commission arising from any and all Customer Transactions with the associated Customer will be forever forfeited (each, a “Forfeited Transaction”). We will have no obligation to pay you Commission associated with a Forfeited Transaction. Once you comply with all of the requirements in section 5(a)(i-iv), then you will be eligible to receive Commission on Customer Transactions, as long as these Customer Transactions do not involve the same Customer associated with a Forfeited Transaction.
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.
Know English, can earn. All you need to know is how to know to write for this one (or how to hire a writer). It is your holistic guide to creating a white hat (Google Friendly) affiliate sites that draw organic (free) traffic from Google Search and convert that into paying customers on Amazon via your content marketing website. 17.5 hours of unadulterated video content, lifetime access and even a certificate of completion. At a rating of 4.8 out of 5, it is a no brainer when it comes to deciding whether this is good or bad for you. Created by SEO Academy Leaders in SEO Education, this will get your Amazon Affiliate website SEO on the right track.
However, this idea is not solely for niche site experts. In fact, if you’ve been on the fence about creating a niche website, now might be the perfect time to act! You have the opportunity to make better commissions from the get-go, not having to wait for your referral sales to increase gradually. Beyond that, you might even make more commissions now than were possible with the old Amazon Associates Operating Agreement!
There is, however, a level of responsibility that you have to uphold while making these kinds of recommendations, especially if you have a lot of authority and influence over your followers. This is something I take very seriously. If it were up to me, this is the only way affiliate marketing would be done, because to me it’s the most honest and most helpful.
In my early days, I used to have a few of these links scattered throughout SPI—for example, an ad for a “How to Make an iPhone App” product. I used to have a few iPhone apps that generated an income for me each month, but I didn’t actually use the product I was linking to. I did, however, personally know the owner, which is why I trusted him and decided to place that ad there at the time.
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Amazon has a bestseller page found simply at Amazon.com/bestsellers and so one thing I’ve done on my site is publish a bestsellers list and simply mention the currently trending bestsellers. Generally speaking the cream rises to the top so if you write an article talking about the bestselling products those are likely to be the best products your visitors are looking to buy anyway.
For example, let’s say that we want to promote Drip as the better alternative to Infusionsoft… We would write up a comparative article that shows all of the reasons we like Drip better. We would then login to Google Adwords and create an ad campaign that links to our article and targets anyone who searches for “Infusionsoft” or “Infusionsoft Alternative.”
People have different definitions of “cloaking and masking”. You are likely referring to the “bad” kind that is manipulative. However, most affiliate also refer to “cloaking” as changing a link to look pretty. Changing this link: nichepursuits.com/amazon/associate-20/123ma9/producta to nichepursuits.com/cameras. That kind of “cloaking” is just fine.
From time to time, we may make changes to the advertising fee rates including but not limited to 1.) Exclude certain products or categories of products from earning advertising fees and/or 2.) Reduce or Increase the advertising fee for specific products or categories of products. We may also run special or limited time offers or promotions under which you may earn advertising fees on Products or categories of Products that were previously excluded from earning advertising fees, or you may earn increased advertising fee rates from those set forth above.
A great point you made there though. Too many people try to take on too much at once and end up spreading themselves too thin – trying to conquer all the niches at the same time. Marketers also do this with advertising. Instead of sticking with one platform until they are generating a consistent number of leads they will jump from platform to platform, in essence chucking a load of crap at a wall and seeing what sticks.
Most successful affiliate marketers, however, do not have a large number of funds available so they tend to develop a website and use their website as the main advertising source for their business. Starting a website is very cheap (or even free), you don’t need to know any computer code, and it will attract FREE visitors that can be turned into paying customers relatively easily. This is the affiliate marketing business model that most people start with.
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.
2. Next, you are not building a list of buyers. You are basically giving away all your leads to the product owner who simply does nothing to get the traffic from you. All you get is a commission and that’s only if you actually make a sale. So once your supply of traffic runs out you are dead in the water. No more money for you :( Of course you can always send your traffic through a squeeze page before redirecting them to the vendor’s website and that’s what smart affiliates do. You should always build a list! But you are not using the number 1 secret to making money which is leverage. On the other hand the product owner has many more opportunities to make affiliate sales because all he has to do is redirect the traffic you sent him for free to other offers. The vendor can put affiliate links on his thank you pages, inside his ebook, send out promo emails to his list he built thanks to you, and the list goes on and on. See my point? So how can you do this if you are just starting out? The best and easiest way to do this is by creating low cost products. How hard would it be for you to create a nice 20-30 page report (you can so totally outsource that too!) and sell it for $7-$27 bucks? Then you can set up a 100% commission affiliate program and start recruiting affiliates to sell the product for you. You should probably add some kind of upsell into the funnel to make it worthwhile for affiliates to send traffic. If the only commission they get is a measly $7 bucks they might not even bother. You can add an upsell by simply making a video course out of your ebook you just created, or get some high quality PLR product and rebrand it with your name etc. Now all you have to do is concentrate on converting that traffic affiliates are sending you and make more money. You will need to create a good converting sales letter or sales video. I highly recommend outsourcing this part if you have no copywriting experience. When you are a vendor the best investment you can make is to hire a good copywriter instead of worrying about traffic. Affiliates will send you traffic so that’s out of the way. I hope you are getting the idea here. A product owner is nothing more than a super affiliate who uses leverage to sell other affiliate products on the backend. That’s how all the gurus do it in the internet marketing community. There is nothing wrong with being just an affiliate. You can make a lot of money with that too especially when you are building content sites and your traffic is free. Building Authority content sites is a huge business because your product is traffic at that point, but that’s a whole different topic. Performance review phrases comments/ free download examples Page 2
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. The two forms of marketing are differentiated, however, in how they drive sales, where affiliate marketing relies purely on financial motivations, while referral marketing relies more on trust and personal relationships.
This famous course by Lisa Irby is special for a reason. Most attendees are full of praises and in quick 4 hours you get to learn all you need to do get started in the world of affiliate marketing. Not specific to Amazon, this training will help you learn the tricks to do affiliate marketing for multiple websites, thus increasing your chances of diversifying and building a larger funnel. Lisa is a full time Internet entrepreneur and has taught thousands of people online about website creation and marketing. With this course, you are in real safe hands to get started with affiliate marketing.
Amazon’s website describes the process in detail. Basically, when an eligible customer follows your affiliate link and completes the ‘Bounty Action’, you get a special bonus. These bounty actions include signing up for a free trial of Amazon Prime, buying an audiobook on Audible, creating an Amazon Baby Registry, etc. The special bonus is not a percentage of anything, but instead a set dollar amount.
Are they biting the hand that feeds them? Possibly. We will have to wait and see. Maybe Amazon gave the higher commission %’s to the products that have the highest markup…? i.e. their Amazon coins. I do believe tho they have reduced the incentive their own “affiliate employees” previously had to push their products-and maybe, just maybe this new commission structure will not last long.
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