Third, successful affiliate marketers measure beyond just money. How will you know that you’ve become a successful affiliate marketer? The number cruncher in you may raise your hand and say, “When I make X dollars per month every month for a number of years.” Hard to argue with that, since making money online is a strong motivator. However, why not measure success by the number of lives you touch in a positive fashion by introducing them to your affiliate products? Chances are that the money will follow…
3: How greedy are you? Affiliates depend on the sale price of the item and your percentage cut. On Amazon it starts out at 4%. If you’re selling a $10 item, 4% is not a lot; only 40 cents. Meanwhile, selling a $5 item for $10 on your dropship storefront will make you $5 profit on every item sold. You have more work and more infrastructure to build, but you end up with significantly higher profits for similar amounts of sales.
In February 2000, Amazon announced that it had been granted a patent on components of an affiliate program. The patent application was submitted in June 1997, which predates most affiliate programs, but not PC Flowers & Gifts.com (October 1994), AutoWeb.com (October 1995), Kbkids.com/BrainPlay.com (January 1996), EPage (April 1996), and several others.
Wow! You wouldn’t believe how long it took to write this post. (Almost 10 hours – Including the sample emails.) Hopefully I did a good job of explaining what it takes to create a great series of email messages. Like I said in the introduction, this is the exact mechanisms I use to make money. So I’d definitely recommend learning all you can about email marketing.
Do you have zero interest in an expensive mountain bike the company you are an affiliate of sells? Well, you probably don’t want to feature it on your blog, as it is extremely difficult to persuade readers (or anyone for that matter) that they should buy something you wouldn’t be caught spending a single penny on. When you are passionate about a product or–at the very least–interested in learning more about it, this will come through to your readers, engage them and better coax them to buy