Making Sense Of Affiliate Marketing – An easy to follow online course that teaches you the ins and outs of affiliate marketing. It’s written by Michelle Schroder who makes $100K+ a month from her blog. A genuine super affiliate that shares her success stories and affiliate marketing techniques with her community both on her private Facebook group and on her blog. Sign up here.
“A year later, I saw her at an event and asked her about it, and apologized if I offended her in some way. She said I didn’t, but that an average mailing for her did $50,000 in commissions… So when I kept hitting her up, I was pretty tone deaf to the fact that I had cost her a significant amount of money that day by mailing an offer that didn’t convert well to her list, and then I kept annoying her with follow up emails.”
I had a chance of looking at how much some CPA marketers are earning. My jaws hit the floor. How can anyone make 32k in a day? It is not some Photoshop screenshot but the CPA company interface allows earning shouts which is drawn live from the system and displayed on a live chat. That’s where I saw those big figures. Remember I said 32k in a day not in a month. Now that is insane. This gives you some idea how: http://x.co/9RnqK
Great stuff here Sean – thanks for all of these insights and sharing some best practices when it comes to affiliate marketing. I’ve never been comfortable giving it a shot, but after reading this post and your perspective on how and when to do it, I may just have to give it a try. Especially considering I’m already mentioning and recommending services and products on my site, I’m just not getting the potential rewards associated with doing so. Thanks again.
Spears recommended that you get things in writing when making a deal with an affiliate – “things like how many clicks or leads they will send, and on what date(s). If their mailing will include leads and buyers, or just leads. What you will do in return for those clicks and leads (match them, increase commission, reciprocal mailing date on your side, etc.).”
That is correct, you either sign up as an affiliate and agree to their payout or you go and find another seller with an affiliate program. You should find lots of affiliate programs that pay 50% or higher without any problem. Just be sure that the cookie is live for at least 60 days, the longer the better. Clickbank has thousands of affiliate programs.
Products are now put in a category. The commission will be based on the category each product has been placed in whether or not the category is correct. For instance, I had a sale for a child riding toy tractor. Instead of it being in toys category which would have only earned me 3%, it was actually placed in lawn and garden category which I then actually earned 8% instead.
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.
Unlike most offline marketing efforts, digital marketing allows marketers to see accurate results in real time. If you've ever put an advert in a newspaper, you'll know how difficult it is to estimate how many people actually flipped to that page and paid attention to your ad. There's no surefire way to know if that ad was responsible for any sales at all.
I would personally agree with linkshare.com as a great affiliate marketing platform to join as a publisher. Here’s why. Back in 2005 when I knew nothing about affiliate marketing and was using blogger.com as a free blogging platform without any experience whatsoever and joining Walmart.com as my first official affiliate program, I was able to insert Walmart affiliate in its in my blogger blog and earn a $72 commission. I was onto affiliate marketing for life from there.
Paid advertising — this method requires an effective combination of ad copy, graphics, and a highly-clickable link. Unlike more traditional affiliate marketing strategies, paid advertising (through pay-per-click ads) earn you money regardless of whether a reader buys the product or not. Services like Google's AdSense make this quick and easy for you, and can even supply you with an advertising code.