Most people think of email as a simply a tool for communication. We use email on a daily basis to keep in touch with loved ones, communicate with coworkers, and interact with companies when we want to learn more about a product or service. Affiliate marketers can use email to earn money through targeted campaigns, but it isn’t as simple as just sending out a few emails a day. Success through email marketing relies upon a few earning secrets, which we’ll discuss in this post.
Create a website. In order to work as an affiliate marketer, you'll need your own platform (a personal website or blog) on which to post links and advertise for your chosen products or services. If you already have a website or blog, you can use that platform to begin earning additional income as an affiliate marketer. If you do not yet have a website or blog, you will need to create one.
When it comes to making a living out of promoting and selling products online, most people who don’t sell their own goods fall into one of two categories: Affiliate Marketing and Dropshipping. Both require the advertiser to promote the marketing of the products, with the crucial difference that dropshipping allows you to set your own prices. This means that with dropshipping, you get the profits, whereas, with affiliate marketing, you get a commission. This may sound like a huge advantage; however, it’s a little more complicated than that. Let’s first take a look at all the similarities between dropshipping and affiliate marketing.
The truth is much more complicated. It’s true that affiliate programs can be sources of phantom revenue and off-brand promotion. But managed properly, they can also make up 5-15 percent of online revenue and have an ROI among the highest of any online channel. CMOs are realizing that affiliate marketing can be an important part of their arsenal and are integrating the channel into their overall marketing strategies.
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.
Unlike with advertising networks, you’ll rarely be rejected when applying to an affiliate network or program based solely on your audience size. I’ve processed thousands of applications and have never rejected someone for that ridiculous reason. Most program managers happily accept bloggers of any size because they know the blogger’s reach will grow in time and if they’ve nurtured the relationship early on, it will benefit the company when they break out.
Just as a chain of sales persons market and sell your product for commission, using affiliate marketing services you can get many websites to sell your product in exchange for commission, which ultimately makes it a cost effective yet profitable practice, which any business must make use of. Affiliates provide links to your products on their websites or through email marketing for commission based on cost-per-sale, cost-per-click or cost-per-lead.
“Initially, I don’t always look for the ‘perfect’ affiliate. I look for any partners who have an audience that might react positively to my offer. For example, if I have a financial investing offer, I might feel like I already know all the ‘big’ financial partners and can’t grow my affiliate program. However, that is far from the truth. I will start looking for other affiliates having a product or offer with a similar audience, like high-end watches, real estate or even a health offer. Yes, a health offer. You might be surprised. Get creative,” he encouraged.
Connecting the dots between marketing and sales is hugely important -- according to Aberdeen Group, companies with strong sales and marketing alignment achieve a 20% annual growth rate, compared to a 4% decline in revenue for companies with poor alignment. If you can improve your customer's' journey through the buying cycle by using digital technologies, then it's likely to reflect positively on your business's bottom line.
Building trust with your audience is paramount in affiliate marketing, and the quickest way to lose trust is to recommend products either you haven’t used before or that aren’t a good fit for your audience. Also make sure you never tell anyone to directly buy a product, you are simply recommending the product. The more helpful you are and the more you make quality recommendations, the more likely your web visitors will come back for your expertise.
Affiliate marketing examples are everywhere online. Visit any niche site and chances are you’ll find some kind of affiliate marketing. You’ll notice that affiliate marketing looks a lot like display ads. With display advertising, you create ads that appear on other websites. When site visitors click on them, they’re taken to a landing page where they can learn more about your product and convert to become a paying customer.
There are a lot of offers available for both affiliates and dropshippers. Generally speaking, dropshippers can choose any items they want to sell from Alibaba and then sell them on their platform as if they were their own. This way you can create a store with a lot of different options for customers. However, with dropshipping, you are largely on your own and won’t have the support of a larger network.
Encouraging people to purchase proudcts from you as an affiliate you is a valuable skill that is not only financially rewarding but also personally fulfilling. Even if you sell your own products or services, affiliate marketing is a great income stream you can add to your business to add value to your customers and make extra money while doing it. In almost any profit-driven company today, the best-compensated people are those who deliver sales, whether they work the front lines (e.g. real estate agents, car salespeople) or the boardrooms and negotiating tables of Fortune 500 companies.
Sounds fair. It’s just that the discussion veered from the topic of the post which was what method would make you the most money, not which one requires the most amount of work. In any case, I do both and have been successful with both business models. But in trying to replace a full time income in the shortest amount of time, online stores have greater money making potential.
Our best performing landing page falls into category C of your poll (50-100K per year). Again, that is just one landing page of hundreds. While not all of our landing pages have this kind of earning potential, many do. And we are just scratching the surface regarding the potential of our sites – they have a lot more growth potential in regards to new landing pages. Again, the sky is the limit with affiliate marketing – not so much with an online store (in my humble opinion, and experience).
#3- Different Style for Email– You’ll probably notice my email style is much different from the content on this blog. The paragraphs are short. I use CAPS on some words. The character lines are less than 65 letters. And I definitely use more of salesy type of copy. The reason I do it this way is because this is what’s worked for me with email marketing. Why fix what ain’t broke?
LIVESTRONG is a popular health and wellness site. They provide readers with content to help them maintain a healthy lifestyle. They don’t sell products on their site, but sites like these are able to promote products, like yours, on their site and generate an income based on the purchases their audience makes on your site. Choose affiliates whose content closely matches your product, so that site visitors are already primed and interested to take the next step and click through.
I was able to make my first online dollars through Amazon Affiliate sales… It was never much and in the beginning I was just excited to make $10 in a month, which was enough for a free ebook or two. With regular updates and link inclusions in my posts over time I was able to grow the number up to like $300 a month–which I was pretty happy with. Of course the payout rates are paltry compared to a sale of an info product like one from Unconventional Guides, etc. Thing is, people seem to be more open to purchasing physical products rather than information products…