I obviously think that a good price point and lifelong cookies are ideal, but I also think that the product has to be really valuable – really offer the person I’m sending something that they can use and will be happy with. I personally remember the people who point me to valuable products, and I trust them more for future products. It’s not just a matter of ethics (although that’s a big part of it) but it’s also a matter of future sales!
Time Investment: Affiliate marketing is not a plug-and-play solution that doesn't require a time investment. You need to invest time into your program to get it set up, recruit affiliates and then provide ongoing affiliate management. You'll find that most of your time will be spent in keeping affiliates happy, resolving issues and managing expectations.
Tell your email list about it. If you have an engaged email list, and I hope you do, it will almost always outperform a blog post. You may choose to (sparingly) write a dedicated email about something you love, or just link to it as it fits naturally within your story. Or, add a P.S. to the bottom of your email if you have a special sale or coupon code to share.
"I have to tell you, I took the course and have implemented her strategies and am already seeing results. There are some courses I have taken and have wondered what I learned after I took it. That is not the case with this course. This is one of those courses you won’t regret taking. Michelle knows what she is talking about when it comes to affiliate marketing and she has results to prove it. She brings in over $50,000 a month in affiliate income alone. And now she is teaching us how we can do the same thing." - Crystal, Blogger, HappilyEverUncluttered.com
To those on the outside, affiliate marketing can seem like a black box. It’s inner workings are mysterious to most marketers and in many companies it’s not treated with the same seriousness as other channels. Some marketers, only familiar with the bad reputation acquired by some industry players in the 2000s, deride it as a source of spam and little more.
"I started my blog in March 2015 and didn't even know what affiliate marketing meant. And....I didn't do much about it. I think my largest month was around $500 last year and then died down to sometimes only a few bucks per month. It wasn't my focus, but I didn't realize I was leaving money on the table, meaning I was losing money every month! I decided to enroll in Michelle's course, and I quickly noticed I didn't know a thing when it came to true Affiliate Marketing! No wonder it just 'wasn't working for me'...
Take advantage of affiliate program freebies when available. Many affiliate programs provide free printables, guides, webinars or other lead magnets designed to get potential customers in their sales funnel. As an affiliate, you can share these freebies with your audience using your affiliate link so if they eventually make a purchase, you’ll earn a commission, but if they don’t they still get value upfront.
Not necessarily, but a blog is really the best promotional tool. With that said, you can always use methods such as PPC or advertising to promote a product. This is more like hit-and-run affiliate marketing, however. The best way to make the most out of your affiliate marketing opportunities is to have a blog and use it for hard and soft promotion.
10. Commission FactoryThe purpose of Commission Factory was to make performance-based marketing available to everyone and not require a steep learning curve in order to get involved and be successful. The platform has been designed to foster a spirit of collaboration between Merchants, Affiliates and Agencies in order to grow mutually beneficial and prosperous relationships. Because they have little to no barriers to entry Commission Factory has an enormously fast growing user base that enables companies of all sizes to discover the power of performance marketing.
Becoming a part of an affiliate network is an excellent strategy for bloggers looking to up their current income or even just to begin actually making money from their blog. There are several options when it comes to affiliate marketing as well as strategies for making affiliate marketing work for you. Below I will teach you what is affiliate marketing, examples of affiliate marketing in blogging, affiliate strategies and some of the top affiliate networks to join.