So, if you’re still wondering – what is affiliate marketing? Or have other questions related to how it works and the first steps to get started, then our team can help. Our digital marketing team are specialists in this area and always up-to-date with the latest affiliate management technologies. They can advise you on the best approach for your business, whether you’re a small start-up or large enterprise.
4. I don't reveal earnings or make income claims on the blog. Let's just say that I've been running this blog for 8 months now, often working 12hrs per day on it, and if you look at how much income the blog has generated I'd be working at below minimum wage. But that's fine as this is a long term project and it's what I expected, I'm not here for quick cash.
The biggest problem with most people is that they choose to promote a product that they have never used or tested before. A lot of affiliates fail to make sales because they are unable to connect with the product. Take this advice, for all the products that you want to promote, buy them and use them yourself. Try out the products and if they are good, you will be able to convince your audience more confidently.
An influencer is an individual who holds the power to impact the purchasing decisions of a large segment of the population. This person is in a great position to benefit from affiliate marketing. They already boast an impressive following, so it’s easy for them to direct consumers to the seller’s products through social media posts, blogs, and other interactions with their followers. The influencers then receive a share of the profits they helped to create.
Let’s start by looking at the competition. Where are their gaps? If you can beat it, this is a good place to start. By now you should have an understanding of your target audience. This is the time to think about what makes them tick. Use anything you have to build a picture. Look into keywords and search queries to see what people are looking for, and any existing analytics you have. If you’ve written a well performing blog article, is there room to expand on that topic?
I eventually learned the best model (for me) was to copy what Yoast did… charge a flat free for SEO Audits. People were always super happy with my audits. I still have my SEO audit templates (one for local SEO, national SEO, etc). Sometimes it would only take me 4 hours to write an audit and I would get $750, sometimes more if they wanted a more thorough audit. Maybe I undercharged?
The early phase is the most difficult because nobody knows you and you need to get people to sell for you as your affiliates. However, once things started to move, ClickBank can rank your products higher in terms of popularity and number of affiliates who are already making sales. Hence, your product listing can appear higher up in their marketplace and gets all the attention you want.
In the past, large affiliates were the mainstay, as catch-all coupon and media sites gave traffic to hundreds or thousands of advertisers. This is not so much the case anymore. With consumers using long-tail keywords and searching for very specific products and services, influencers can leverage their hyper-focused niche for affiliate marketing success. Influencers may not send advertisers huge amounts of traffic, but the audience they do send is credible, targeted, and has higher conversion rates.
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).
Designed to create a huge amount of traffic at all times, these sites focus on building an audience of millions. These websites promote products to their massive audience through the use of banners and contextual links. This method offers superior exposure and improves conversion rates, resulting in a top-notch revenue for both the seller and the affiliate.