So as an affiliate marketer, you have to build a compelling website, attract traffic to that website, and retain a consistent audience in order to sell ads. Then, you join an affiliate network like Amazon or eBay, and they show ads on your site. It’s important to note that affiliates don’t earn money by simply serving ads. They have to direct qualified traffic to a company’s site so that the company can earn more in sales.
All CPA marketers put their eggs in one basket. I’ve seen plenty of the greats go from zero to hero and vice versa several time in their careers. The smart ones learn to build their own business in the process and pimp their products to CPA newbies (where the real money is). So if your only focus is to make the most money you can I would advise you not to spend it all because that business model won’t last.
Previously known as Affiliate Window but now officially referred to as “AWIN” after acquiring Zanox a few years ago, this network claims to work with over 13,000 active advertisers and 100,000 publishers (affiliates). Founded in Germany, AWIN’s merchants primarily hail from Europe (especially Great Britain) although the U.S. network is growing rapidly. AWIN is currently active in 11 countries.
These are the guys that were developing and using tracking scripts ( before Analytics and Woopra ), CMS scripts ( before WordPress and Drupal ), spy tools ( before SpyFu and MixRank ), and split testing scripts ( before Optimizely and Visual Website Optimizer ) that we now take granted in our careers. The developments in these areas were all driven by money and ROI, and became the default tools and mindset of budding online marketers.
I agree with most of your sentiments except on the issue of paying a membership fee. Legitimate manufacturers and distributors DO NOT charge membership fees. At most, a nominal $3-$5 service charge if your order is under a certain amount. Rarely is it a good idea to deal with a supplier that is charging any type of monthly or yearly membership fee because they are middle men and you're not going to get as great a wholesale price as you would from the manufacturer or distributor. Ideally, it's smart to contact suppliers that do not advertise drop shipping on their website, then once you become an approved Reseller ask them to drop ship for you. Many of the manufacturers that I work with offer the same product price whether you use drop shipping or arbitrage. .
Now there is a big difference in those two different business models, not just in terms of how you make money but in terms of where you can advertise. With Google, especially Google Adwords and Google Product Listing Ads, they do not allow affiliate sites. You can’t upload your CSV of products and get traffic from Google if you have an affiliate site. And that is massive!
Hi Jamie! Thank you for the great information. I just learned about affiliate marketing last week. The source however, is an older couple who work for World Wide Dreams Builders (WWDB). So, basically Amway. After researching a bit. I have no interest in WWDB and. (It sounds like years of recruiting people with minimal payout) Though, I am highly intrigued by e-commerce and affiliate marketing. Before your post the company I recognized was Amazon. Can you please tell me if that will be the best 1st step. I am currently an unemployed student Veteran. So plan to fully emerge into this business regime and would greatly appreciate your advice on this!!!
Thank you! This is excellent content in so many ways! This was actually very inspirational for me as I have been stuck fighting with what I truly want to do. Reading this seriously brought tears to my eyes and made me come to the realization that it is okay to be REAL because people need to hear true life experiences as they will relate. You also helped me clarify that my purpose is to help people lose weight and get in fabulous shape because I’ve been fat a few times in my life and I’m 20#s overweight now and I’m done with that! It’s full force ahead – I’m ready! Thanks for the inspiration!
“Cost of goods changes from time to time, product prices drop, etc. One mistake I made was not re-calculating all commissions to determine they were set correctly. After doing some digging, I realized that commissions on a few of our products were way higher than what they should have been. One way to fix this is to re-adjust commissions each year,” she explained.