Communicate with affiliate managers — Your affiliate managers should have a strong grasp on your activities and placements of offers. This helps them identify any low hanging fruit for affiliates. Tap into that knowledge and communicate with them. Although, they can’t provide 1:1 training, they can point you in the right direction and help get started or improve performance.
One of the most sought after and highly recommended course is this one on Guide to Effective Affiliate Marketing Strategies by Kudus Adu. Not only does he focus on create an affiliate marketing strategy, he focuses on best practices to create money pages, tells you how to build your email marketing list and how to profit from it. He clearly asks people looking for ‘get rich quick strategies’ to stay away from the course.
If you are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.
High-ticket affiliate marketing means that instead of earning small pocket-change sized commissions, you can earn big commissions. We're talking about a range of roughly $1000 and up to $10,000. Of course, the products are more expensive. In order for you to get a commission of $1,000, then the product must be priced much higher. High-ticket affiliate marketing sounds great, but it would be much harder to sell a product that costs $2500, than a product that costs $100. No doubt about it! If you’re interested in selling high value items like yachts and Rolex’s, high ticket marketing is the best option for you.
Tip 19. Build a Brand of your Own. I am sure you see brands all the time promoting products and services that’s because it is a very powerful things to do. When you start having people engage with your brand it will build up your reputation within your desired market. Brand building is an amazing idea in any business and it’s going to be just as amazing if you do this in affiliate marketing.
Hmmm – there’s this Price Compare plugin but it’s over 2 years old so I wouldn’t recommend it. I know there are many free product comparison add-ons for WooCommerce and EDD, so you could use one of those and simply add each product multiple times (once for each affiliate that offers it). But perhaps another reader has a better plugin or idea to recommend?
Justine has managed affiliate programs for companies such as Shopify and Freshbooks. She is able to give this course a fresh prospective - from that of an affiliate manager! This is an amazing bonus that will show you how to always get approved to an affiliate program. She has assessed thousands of applications over the years and there's a lot that goes into the yes/no.
Two-tier programs exist in the minority of affiliate programs; most are simply one-tier. Referral programs beyond two-tier resemble multi-level marketing (MLM) or network marketing but are different: Multi-level marketing (MLM) or network marketing associations tend to have more complex commission requirements/qualifications than standard affiliate programs.
I would like to add that for information products, a lot of the time it’s pretty easy to rank for “information product review”. I recently did a review of a popular ebook that is a month long discipline program. I went about it by doing the actual program and documenting everything. At the end of the month I wrote up a 2700 word article summing up the whole experience.
How much will this cost? If you don’t want to spend any money on this right now, I totally understand that. However, if I’m going to give a tutorial on how to build your first affiliate marketing website, I’m going to show you how to do it the right way. In order to build your first affiliate marketing website the right way, you’re going to have to spend a little bit of money on a “domain name” and “website hosting” (if you don’t know what those things are yet, don’t worry because I’ll get into it a bit later). In this tutorial, I will recommend a high-quality service that will set you up with both of those things. It will cost you $2.95 per month in order to get this going. If you feel you can afford that, continue on. Otherwise, this tutorial probably isn’t the best one for you. I will also provide a more expensive option that includes amazing training to help you grow a successful affiliate marketing business. Whatever you decide to go with is perfectly fine.
Browsing between products, you’ll notice a steep difference in the amount of commission offered from one to the next. Often, you’ll find there is a trade-off between the quality of a product and the commission paid. Naturally, it’s tempting to gravitate toward the products that pay the most per sales (conversion). But, realistically, if those products are unlikely to convert, they might not be the best fit.
All in all, building a WordPress affiliate site and turning a healthy profit is doable. Many sites on the internet depend and thrive on commissions, so yeah, it is a viable business model. Just play your cards right and exercise some patience. Become a shark and invest your resources wisely. Until next time, remember sparring is training. Here’s to your success: Cheers!
This is extremely helpful information for somebody who is a newbie blogger! I’ve been looking for an all inclusive “guide” to explain affiliate marketing and this is the best I’ve found. Quick question for you – when you talk about the cookie expiration date, is that from the date that you post your review/recommendation or from the date that the reader clicks on the link? For example, the affiliate links you posted in this post are well over 90 days old but if I click on one of them now and buy that product, do you still get paid? Just curious how that works.
Thanks for sharing your experience. It was a real eye-opener for me. I am new to affiliate marketing and am looking for ways to make a steady income. Your affiliate program seems to fit my needs. If you have the time email me with your affiliate link to signup and I hope you can help me get started the right way. Any assistance would be greatly appreciate. Be Blessed.
The person who manages an affiliate program for a merchant. They are responsible for affiliate recruitment, ensuring that the affiliates are using above board promotional methods and for increasing affiliate sales for the merchant. They also act as the liaison between the affiliate and the merchant. The affiliate manager may work directly for the merchant or be an independent service provider contracted by the merchant to run their affiliate program. Also referred to as an OPM.
Affiliate marketing is basically performance-based marketing, whereby affiliates/partners promote a merchant’s product/service and get remunerated for every sale, visit, or subscription sent to the merchant. The most frequently used payment arrangements include: pay-per-sale, pay-per-lead, and pay-per-click compensations. Affiliate marketing is one of the most powerful and effective customer acquisition tools available to an online merchant today. You decide what commission to pay, and pay only when results (sales, leads and/or clicks) are obvious.
An e-commerce merchant that wants to be able to reach a wider base of internet users and shoppers may hire an affiliate. An affiliate could be the owner of multiple websites or email marketing lists; therefore, the more websites or email lists that an affiliate has, the wider his network. The affiliate that has been hired would then communicate and promote the products offered on the ecommerce platform to his network. The affiliate does this by implementing banner ads, text ads and/or links on their multiple owned websites or via email to their clientele. Advertisement could be in the form of articles, videos, images, etc., which are used to draw an audience’s attention to a service or product.
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.