affiliate marketing tips – Indian Academy of Digital Marketing https://indianacademyofdigitalmarketing.com Sat, 16 Sep 2017 06:47:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://indianacademyofdigitalmarketing.com/wp-content/uploads/2024/07/wwwsss-150x150.png affiliate marketing tips – Indian Academy of Digital Marketing https://indianacademyofdigitalmarketing.com 32 32 Affiliate Marketing Tips For Blogger https://indianacademyofdigitalmarketing.com/affiliate-marketing-tips-for-blogger/ Sat, 16 Sep 2017 06:47:46 +0000 http://isdmmt.com/?p=3606 Affiliate Marketing Tips For Bloggers

Join affiliate programs of products you know and trust.

There are THOUSANDS of products and services with affiliate programs claiming to make you rich. Your best bet is to stick with companies that you already know and trust.

We recommend ClickBank in this 90-Day Success Plan because we know and trust their program and they offer a searchable, ranked database of products that you can promote on your blog. Plus, they handle all of the payment processing and support. They are the ONLY company that we’ve worked over the years who consistently pay on time and in the amount you expect.

Promote products that have a purpose.

When researching products to promote, look for products that offer real value. Look for products that teach, solve a problem, or remove pain or fear… The products you promote should touch your audience at an emotional level. They will not buy a product just because it’s interesting or pretty.

Write good content.

Your readers will be more likely to purchase the products you recommend if they trust you. To earn their trust, you must provide value consistently through solid, high-quality content.

If new visitors come to your site and all they are ads and overly promotional content, it’s doubtful they will even come back, much less buy anything from you.

Focus on SEO and growing your following.

Make sure that your content is thoroughly optimized for the search engines. This will generate free traffic to your affiliate promotions. Also, build your Social Media profile. More traffic means more conversions.

Test. Test. Test.

Get the most from your traffic. Whether you’re getting 100 visitors per day or 10,000, the higher your conversion rate, the more money you will make.

Try different ad formats, layouts and text. Test writing reviews vs. a casual mentions.  Test different products against one another. Our rule of thumb is that you should always be testing something.

Progress over perfection and be patient.

Don’t get stuck trying to make everything perfect before you begin your affiliate marketing campaign. Yes, it will take longer to make money in the beginning, but make your mistakes at a lower traffic level – it will cost you a lot less money!

Don’t listen to the hype about making $100,000 this month. While it is possible, it’s not probable. Growing a solid, ethical business takes time. And if you’re brand new at this, it’s foolish to expect to become an expert overnight.

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How to Start Affiliate Marketing as a Newbie Blogger https://indianacademyofdigitalmarketing.com/how-to-start-affiliate-marketing-as-a-newbie-blogger/ Wed, 08 Feb 2017 04:46:21 +0000 http://isdmmt.com/?p=3394

How to Start Affiliate Marketing as a Newbie Blogger

 

What is Affiliate Marketing?

Let’s start with the most basic of basic questions: what is affiliate marketing?

Simply put, affiliate marketing is a way for you (the affiliate) to earn a commission for recommending products or services to your friends or readers.

To simplify it, here’s the 4 step process for how it works:

  1. You find a product you want to promote
  2. You sign up for their affiliate program
  3. You get a special link that allows the merchant to track the people who clicked your link
  4. If they buy the product, you get a commission.

Pretty simple, right?

It can get much more advanced, but in this post we’re just going to start with the fundamentals and get you to the point where you’re ready to make your first commission.

How Does Affiliate Marketing Work?

There are a lot of different ways to track affiliates these days, but all are based off someone clicking your special tracking link.

The most common and basic type of tracking is via a cookie.

When the link is clicked, a small file called a cookie is stored on their computer letting the merchant know that if a sale is made, it came from you.

There are also more advanced methods based on the email used or IP address – but we won’t get into those here, we’ll stick to the basics.

How Do You Find a Product to Promote?

Here’s the thing, you can pick just about any product that you can buy online, and there will be an affiliate program that will pay you a finders fee for referring a sale.

However, just because you can promote anything, doesn’t mean you should. 

The most important thing to consider when selecting a product to market is, “is it relevant to your audience?”

For instance, for me to try and advertise for dumbbells on Location 180 probably isn’t the smartest thing, because 99% of my audience could care less about them.

However, for me to promote, say, WP Engine a WordPress hosting company – makes much more sense, since almost every one of my readers either has, or has considered starting a website.

When I’m trying to decide what to promote I always ask myself the following questions:

  • Do I use this product?
  • Will the vast majority of my readers benefit from using this product?
  • Is the buying process easy?
  • Is there a good affiliate commission? (Not always necessary)

If I answer yes to each of these questions, then it’s probably a good fit and worth promoting.

Action Item: Make a list of products that you use that you think your blog audience would benefit from using as well. Try to think of as many as you can.

Physical Products vs. Information Products vs. Services

Ok, you should have an idea of which products you might want to promote – now it’s time to decide which of those are the best fit for you and your audience.

There are three different types of things you can promote via affiliate marketing:

  1. Physical Products
  2. Information Products
  3. Services

Each of these has pros and cons, and we’re going to look at those now.

Affiliate Marketing for Physical Products

Physical products are probably the easiest thing to promote for one reason, and one reason only: Amazon.

Amazon has the world’s largest affiliate program, and once you sign up, you can get a link for any product on the site, and earn a commission on it!

Pretty cool, right?

Well, yes and no.

Commissions on physical products are notoriously low, due to all of the factors that go into selling them (manufacturing, wholesaling, shipping, etc).

So you can earn a 4% commission on anything at Amazon. Once you’ve referred at least 7 items in a calendar month, your commission will bump up to 6%, then 6.5%, 7 up to a max of around 8.5%.

Even if you’re selling thousands of items a month, you’re still making less than a 10% commission. Because of this I know a ton of people who make a little bit of money off of Amazon, but few who make thousands.

Average Physical Product Commissions: 4-10%. Anything over 10% is very good.

How to Sign Up

Signing up for Amazon’s affiliate program is an excellent starting point, because the chances are good you already use Amazon, are familiar with it, and your readers are too.

You can sign up and get links immediately right here.

Amazon_com_Associates__The_web_s_most_popular_and_successful_Affiliate_Program

If you want to find affiliate programs for specific companies, I would start with Flex Offers. Many of the largest companies work with them (for instance many of the golf companies I work with.

Quick Tip

If you want to promote physical products, there’s probably a better place to do it than Amazon over the long term if your niche is somewhat specialized.

Amazon is tough because they have a 24 hour cookie. That means that if someone clicks your link, and then buys anything, anytime within the next 24 hours you get the commission.

This is an extremely short period of time. Compare it to some other affiliate programs where the time frame can be it 90 days or more.

For instance, when I’m promoting golf products for Breaking Eighty, I’ll usually earn a 6.5% commission based on how many items I refer on average each month.

I could join the Golf Galaxy affiliate program, which pays out 6-8%, but it has a 45 day cookie. So if someone clicks the link and then buys anything over the next 45 days – I get a commission.

Makes it much easier to make sales.

Action Item: If you know your niche and want to promote a physical product do a quick google search for “product name affiliate program” or “your niche affiliate program” to get an idea of what other options are out there.

Affiliate Marketing for Information Products

The next type of product you can promote is an information product.

This is usually something created by a blogger, marketer or author that teaches you how to do something.

Chris’ Empire Building Kit is a great example of an information product. As is Location Rebel.

There are a lot of reasons that information products are so great to promote:

  • Often they are higher priced, which means higher commissions
  • They can have a personality behind them, which builds trust and makes them easier to sell
  • They can have full marketing funnels behind them aiding in sales
  • They solve a problem or provide a solution that your readers are looking for

Generally, it can be a little bit more work to become an affiliate for these products because often the creator is a bit more protective of who they let market the products.

There’s also no central place you can go to join, like you could with Amazon. Usually you’ll need to talk to the author directly or look for an “affiliates” page on their product site.

I’m pretty selective with the products I personally promote, but each year I make tens of thousands of dollars marketing information products.

The commissions are much higher than physical products which is why I like promoting them so much.

Information product commissions usually range from 30-50% – because the costs of production are so much smaller.

When I promote information products I usually look for high priced products created by people who are good at marketing. Why?

Because I send traffic to their funnel, and they convert the sale. My work is relatively minimal.

To give you an idea of the scope of this and what’s possible, over the last 2 years I’ve made over $20k in affiliate commissions from one product alone. This includes an occasional mention in a blog post, 2 webinars, and a handful of dedicated emails. That’s it.

To make things even better, I’ve seen the results people have had from the program, and they’ve been remarkable.

So if you have a course or product that you’ve personally used and seen a lot of success from, check and see if there’s an affiliate program – because if you’re going to recommend it anyway, you might as well get paid for it!

Services

The third type of product you can promote is a service. This is another big one for me, because of the nature of what I write about here.

My business doesn’t function without hosting, a theme, email software etc.

So it can be easy to make a sale on services, because if I personally love and use them, there’s a good chance you will too.

One of the cool things about services for instance, is that often there are recurring commissions. For instance I make roughly 20% a month every time I refer someone to Aweber or Visual Website Optimizer – which are both services that I use religiously.

Over time that can add up to be a nice extra bit of income each month.

Think about which services you use and if it makes sense to promote them on your site. You can usually expect commissions between 15-30% on service products – sometimes higher or lower depending on what it is.

Why Affiliate Marketing is Better than Other Types of Blog Monetization

Most new bloggers assume that advertising or banner ads are the best way to monetize your site.

You couldn’t be more wrong.

They often get started with Adsense because it’s easy. To be honest I can’t remember the last time I saw an Adsense advertisement – thank you Adblock!

But seriously, not only will these make your site hideous, you have to have obscene amounts of traffic to actually make any real income.

Selling ad space to sponsors is almost as bad.

A good rule of thumb I’ve always used for how much you could sell ad space for is this:

Daily visitors divided by 10 is the dollar amount you can make per month on an ad.

Example:

If you get 1,000 visitors a day, you divide that by 10, and see that you can charge $100 a month for each ad on your site.

Now keep in mind this is just a rule of thumb, and depending on your niche it could be substantially higher or substantially lower.

If you’re just starting out, $100 a month could seem pretty good, but it takes a lot of work to get up t0 1k visitors a day – and if you get that many, you’re much better off monetizing via affiliate ads or ads for your own product.

See those Location Rebel ads over on the sidebar?

If someone clicks on that and buys my product I make $500 – 5 times more than I’d make for that sponsor ad. All I need is one every 5 months to make this a better option. Not only that, but it’s helping build my brand identity and reputation, rather than some random company.

Successful Affiliate Promotion Strategies

Ok, now the most important part.

By now you should have a good sense of what affiliate marketing is, have an idea of what products you want to promote, and know how to get your affiliate links for them.

But if you don’t know how to properly promote them, it doesn’t really matter now does it? Nope.

In this section we’re going to look at some of the easiest and most successful ways to promote an affiliate offer.

The Resource Page

This is probably the easiest thing you can do right now to bring in a few sales over the coming weeks: create a resource page.

Regardless of what your business is, there are tools, products, and services that you use to run your blog or business. By putting together a page of all of your tools and resources, you’re creating something that’s sharable, as well as useful.

My resources page is called “64 Tools Essential Tools for the Location Independent Entrepreneur”.

Taking the same concept and going a step beyond is my book Location Rebel Arsenal. I took the same idea, created a well designed email, and then gave it to people after they joined the interest list for Location Rebel Academy.

This does dual duty in making affiliate sales, as well as growing my email list.

Product Reviews

If you’ve built up a lot of trust with your audience, product reviews are a fantastic way to generate some sales. This works for all three types of products you can promote, and I’ve personally seen success with each.

They key to a successful product review is honesty.

I’d generally only review things you like, but if there are drawbacks or little things that bother you – be up front about them. Most people know that no product is perfect, so if you set expectations and are open with them, there’s a good chance they’ll buy it anyway.

Make sure you include the following items in any product review:

  • Clear headline featuring your desired keyword (“product name review” for instance)
  • Clear links for where to buy at both the top and bottom of the page
  • A clear recommendation
  • A personal story about how you use the product or why you recommend it

I’ve done this with a lot of success on my golf site.

Here’s a review I did for a rain suit that makes 4-6 sales per month. I said why I like it, I discussed the downfalls, and then made it clear why I’m ok with them.

Tutorials

Tutorials are easily one of the most effective strategies for driving affiliate sales. They can take a long time to put together, but it’s also totally worth it.

So what is a tutorial exactly?

Simple, you create a post that shows people how to accomplish something step by step – you then make a product or service one of the key components to success.

For example, awhile back I created a post that was all about how to create an effective sales page. I talked about format, headlines, psychology – the works. But whenever I create a sales page I use Optimize Press. So this tutorial talked about how it’s one of the easiest ways to create a sales page on WordPress.

I make a few hundred dollars a month just from that one tutorial.

Comparison Posts

These can be another really effective strategy for making affiliate sales.

It works well when there are either two products that are very similar and people are thinking about one or the other.

A great example would be comparing the Playstation 4 vs the Xbox One.

If people are looking for a new game console, it’s probably going to be one of the two. That said, I don’t recommend you choose these because due to the overwhelming amount of information about both – it’d be hard to rank well in the search engines for any terms related to them.

A personal example is a post I just did about two competing golf technologies Game Golf and Arccos Golf. They both do variations of the same thing, but no one had played as many rounds with both systems as I had. So I created a definitive post which has sent a lot of traffic, and a few sales, my way over the last couple weeks.

Another type of comparison post that works well is when there are a ton of options, and people don’t know what to choose.  Web hosting is a great niche for this.

Last year I created an in depth post that compared and contrasted all of the different options for hosting – and helped the user to select the best option for them. It didn’t really matter which one they chose, because I’d get a commission no matter what.

Email Series

This is probably the most effective (and most advanced) method we’ll talk about for making affiliate sales: your email list.

If you’re getting to the point where you have a sizable list, you could create a series of emails to promote a product. This works best if it’s an information product with relatively high commissions.

For this to work well you should have the following:

  • A list of at least 1,000 people
  • A product you’ve either used and had success with, or have a very good story/reason for promoting
  • A product that converts well (talk to the creator about this)

I’ve found a 3 email series usually works well for this, but don’t start going this direction until you’ve had some experience with either email marketing or the other affiliate strategies we’ve talked about.

A Few More Notes and Affiliate Marketing Tools

If you follow along with the strategies above, you’ll be making affiliate sales in no time off of your blog.

To improve your chances even more, I’ve got a couple more tips for you.

Use Pretty Link

Affiliate links are generally pretty ugly. They’re long links, that often go to a secondary domain, and are pretty clear that they’re affiliate. Download the plugin Pretty Link to make your links look much more friendly.

Develop a Good Relationship with an Affiliate Manager

Most major affiliate programs for physical products or services will have an affiliate manager, whose sole job is to help you generate more sales.

You’ll need to prove to them that you have some potential, but do your best to get them on the phone before you start doing any major promotions. They’ll be ale to give you a good sense of what works, what doesn’t, and potentially even give you a boost in commissions.

One phone call nearly doubled my commissions for one hosting company in particular.

Wrapping Up

I know that was a lot of information, but if you’ve been struggling with figuring out how to start monetizing your blog, the affiliate marketing strategies above are a fantastic starting point.

It’s how I made my first dollars online, and it has the potential to create a win/win for both you and your readers!

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6 Affiliate Marketing Tips You Have To Know About https://indianacademyofdigitalmarketing.com/6-affiliate-marketing-tips-you-have-to-know-about/ Mon, 19 Dec 2016 04:35:15 +0000 http://www.isdmmt.com/?p=2794 6 Affiliate Marketing Tips You Have To Know About

 

If you’ve read any of our other blog posts about affiliate marketing tips, by now you understand that affiliate marketing can be a wonderful way to make money online but requires a lot of work and dedication.

Many websites out there promise you to get rich quickly with affiliate marketing, and that is just not the case.

But if you’ve managed to get past that and you’re dedicated to truly succeeding as an affiliate marketer with time, effort, and patience, then you’re likely looking for ways to stand out in the crowd.

There are lots of affiliate marketing sites out there because so many people believe it is an easy way to make money. And while it is money you make online—inherently easier than trying to make sales at a store—you definitely want to set yourself up to make the most sales possible while also truly setting up a business. After all, affiliate marketing can be a long-term career path, when executed correctly. Here are 6 affiliate marketing tips you need to keep in mind.


 

Get EVERYTHING You Need To Succeed Online
 


Constantly Stay On Top Of Trends And News

Affiliate marketing is an ever-changing platform, and you cannot expect to simply learn it and then know everything forever. Change is inevitable, and instead of fearing it, you need to strive to stay on top of trends and news as it happens.

By simply dedicating ten to fifteen minutes every day to reading current news, you will already be miles ahead of the competition. You will learn about SEO updates as they happen, new affiliate networks, as well as seasonal products or services that you can promote.

Of course, being the first person to do something doesn’t necessarily make you the best. Make sure that you take any useful news and use it for your business in a way that makes the most sense for your audience. There are certain things, like changes to Google’s algorithms, that you’ll certainly want to pay attention to. But it’s not necessary to incorporate every single trend into your work; instead, take the ones that you think your audience will respond to best.


Find Out What The Future Of Affiliate Marketing Will Look Like


Always Be Honest

This can mean many things—offering honest reviews and only promoting products and services you truly endorse. But most importantly, it’s important to be honest about disclosing your affiliate links.

Imagine two different people recommended two different pairs of hiking boots to you. If you knew that one of the people was being paid a commission if you bought the shoe they recommended, it might then influence your decision.

Many new affiliate marketers think that this will be an immediate turn-off to potential customers, but it doesn’t have to be. As long as you are honest about the products and provide lots of helpful information to your audience, they will trust you. Also, varying the information you provide on your site—sometimes including affiliate links and sometimes simply promoting products you like without affiliate sales—can help them become more excited about the interesting things you do promote for affiliate sales.


Learn About Your Legal Liabilities As A Website Owner


Engage Your Audience

It’s one thing to write a useful review, and it’s another thing to ask for your audience to get involved. Whether you simply ask them a question or create an engaging call-to-action at the end of a blog post, an engaged audience feels cared for and considered. While your main goal is to sell, it’s also to cultivate a great relationship with your audience, which will in turn make them trust you and want to buy the things you recommend is major affiliate marketing tips. Make sure that you ask for their involvement, and this will get them more excited about what you have to say and can also offer wonderful feedback which you can use to improve your strategy.

Promote Things You Already Use

As you begin to make money online, you might start to feel that you have to put a lot of money forth towards new products. This is not necessarily the case. Why don’t you feature products or services that you already own or use? After all, you clearly like them enough to use them regularly, and this lowers your monetary investment upfront while still providing amazing content for your audience.

Think about the products or services that you truly love and what could relate well to your followers. What clothing do you like, what websites do you visit all the time, what electronics are your favorite, or what kitchen items do you use to make your meals? While these types of things might not be new to you, they very well could be new for the people reading your site.


How To Create An Amazon Affiliate Review Site For Profit


Promote Products And Services At Various Price Points

Depending on your audience, they may or may not be willing to put forth a certain amount of money for dedicated items. Why not offer them options? You can always push for a more expensive item as the best choice, but if it’s a turn-off to some then they will have another option directly from you that might suit their budget better.

Additionally, many people are willing to spend more on certain items—like well-made clothing or nice electronics—and you could even push a pricier item. Don’t offer your audience so many options that they’re overwhelmed, but do feature enough variety to make them feel like you give them a choice and like they have a solid grasp on their finances.


How To Write Great Content For Your Website Or Blog


Improve Your Skills

If you can write amazing copy that makes people want to buy something, then you’re in a great place. But many people who get into affiliate marketing to make money online aren’t copywriters from the start. If you feel the need to improve your writing skills, look for local classes that can help you get better and, in turn, make more sales. You can also check out these free training videos to improve your web copy.

Additionally, creating a daily writing habit will hone your skills and make sitting down to write blog posts even easier are included in affiliate marketing tips. Use your writing to craft amazing content for your site, intriguing social media posts, and even guest posts that can make you even more of an authority in your niche.

 

 

 

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