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The two main parties involved in the affiliate relationship are the merchant (sometimes also called “advertiser”), and the affiliate (sometimes called “publisher”). There are different ways to run, manage and promote affiliate programs, which involve more parties in the relationship, but the two main participants (without which the existence of the very marketing channel would’ve not been possible) are: (a) the party that has the product (or service), and (b) the party that knows how to sell it.
The key things you want to look for are ease-of-use (especially if you don’t know how to run a web server), good customer service (you’ll need it at some point), and simple WordPress installation. You should also consider price. When you set up your first affiliate marketing website, you don’t need some crazy hosting plan. You just need something basic and cheap until you start making some money, then you can upgrade if needed.
Cost per mille requires only that the publisher make the advertising available on his or her website and display it to the page visitors in order to receive a commission. Pay per click requires one additional step in the conversion process to generate revenue for the publisher: A visitor must not only be made aware of the advertisement but must also click on the advertisement to visit the advertiser's website.
The first thing you’ll need to do is decide which ‘niche’ you want to dedicate your website to. You can be highly specific when it comes to your niche, or pick one that encompasses multiple subjects, such as technology or fashion. However, the latter approach is often more difficult for beginners. After all, the more subjects you have to write about, the harder it’ll be to compete with more established websites. Instead, it’s often best to start out by focusing on particular product types, such as running shoes, lawnmowers, or even graphics cards.
Some merchants run their own (in-house) affiliate programs using dedicated software, while others use third-party intermediaries to track traffic or sales that are referred from affiliates. There are two different types of affiliate management methods used by merchants: standalone software or hosted services, typically called affiliate networks. Payouts to affiliates or publishers can be made by the networks on behalf of the merchant, by the network, consolidated across all merchants where the publisher has a relationship with and earned commissions or directly by the merchant itself.
In February 2000, Amazon announced that it had been granted a patent on components of an affiliate program. The patent application was submitted in June 1997, which predates most affiliate programs, but not PC Flowers & Gifts.com (October 1994), AutoWeb.com (October 1995), Kbkids.com/BrainPlay.com (January 1996), EPage (April 1996), and several others.
4) The Site’s Niche – Check out Commission Junction and Clickbank… and you’ll see that there is virtually an endless list of products you can promote. However, the “Best-Selling” or “Top Products” from affiliate networks shouldn’t be the only deciding factor when picking your site’s niche. Choosing a niche for your affiliate site should involve more research and analysis than that. After all, the success of your site relies mostly on your topic’s level of demand and how well you take advantage of your readers’ needs.
Websites and services based on Web 2.0 concepts—blogging and interactive online communities, for example—have impacted the affiliate marketing world as well. These platforms allow improved communication between merchants and affiliates. Web 2.0 platforms have also opened affiliate marketing channels to personal bloggers, writers, and independent website owners. Contextual ads allow publishers with lower levels of web traffic to place affiliate ads on websites.
And while that may sound like a tall order, just remember that all you need to do to be unique is act like yourself as you write reviews or provide readers with blog posts and articles full of interesting information. The important part is to keep up the volume since the longer you wait between articles, the further your website will fall in the search engine rankings.
Affiliate marketing is an ideal solution for those looking to gain control of their own income by focusing on performance-based revenue options. Working in tandem with a seller, a motivated affiliate marketer will be able to achieve a passive income from the comfort of their home without worrying about producing their own product or service. Although the success of the job does depend on the affiliate’s marketing skills, it can prove to be an effective way to meet your income goals as either a primary career or a profitable second job.
Websites consisting mostly of affiliate links have previously held a negative reputation for underdelivering quality content. In 2005 there were active changes made by Google, where certain websites were labeled as "thin affiliates". Such websites were either removed from Google's index or were relocated within the results page (i.e., moved from the top-most results to a lower position). To avoid this categorization, affiliate marketer webmasters must create quality content on their websites that distinguishes their work from the work of spammers or banner farms, which only contain links leading to merchant sites.
From a publisher’s perspective, affiliate marketing involves the promotion of a product or service that your audience is likely to purchase. To do this you might create detailed blog posts, infographics, or step-by-step video guides to using it on YouTube. You may choose to host a resource page on your blog that lists all of your favorite products or send an email to your list with your top shopping picks for the week. You might even invest in pay-per-click campaigns to drive visitors to a landing page that includes your affiliate links.
MaxBounty works exclusively with digital products, usually about giving one’s email or signing up for a newsletter. MaxBounty has CPA, Pay-per-call, and CPL campaigns that you can choose from. MaxBounty is involved in a large number of verticals, including market research, real estate, social games, finance, dating, and diet, but is primarily designed for marketers seeking to acquire new leads.
Keyword Planner gives a good impression about search volume for each keyword on Google’ search engine including the number of clicks it receives plus its average cost per click. Bing Keyword Tool which is very similar to Google’s tool but all keywords here are related to Bing. Long Tail Pro is one of the best paid keyword research tools available. It’s useful for finding high volume keywords.
Affiliate marketing is still one of the most reliable ways to earn a recurring passive income online. It takes more work to build a profitable website than it did a few years ago, but it still can be done. You’ll need to put in a lot of effort at the beginning, but afterward you should be able to outsource most of the work and focus on other projects.
If you choose this model you’ll have the best results if you post high-quality content daily and interact with your audience through social media, questions and answers, and email. Expect to be very personally involved with your audience since this model demands the most from you. Further, it takes some time to build both your reputation and your audience so have some patience using this approach.
Affiliates are the ones who connect the customers to the products through whatever channel they see fit. It can be the affiliate promoting the products via social media, blogs, or digital advertisements such as banners, etc. Customers do not really need to understand that they are a part of the affiliate marketing system to make the whole thing works.
This is not the perfect affiliate marketing strategy, but it’s the perfect method to buy yourself a bit of time. It helps you understand if your strategy and your product can work out by testing and putting affiliates to work, without any financial risk. Affiliate marketing is not a “set it and forget it” type of business. It’s a continuous optimization work, and this strategy gives you the tools to do just that. Optimize for success.