Rather than letting as many partners into your program as possible, evaluate your partners for quality. You want to ensure their efforts are brand-aligned and delivering the outcomes you want. Focusing on a select group of partners can have a positive impact on the experience your affiliates have and your program’s conversion rate. Having quality partners is much better than managing fraudulent issues with partners on a regular basis.
Affiliate marketing has grown quickly since its inception. The e-commerce website, viewed as a marketing toy in the early days of the Internet, became an integrated part of the overall business plan and in some cases grew to a bigger business than the existing offline business. According to one report, the total sales amount generated through affiliate networks in 2006 was £2.16 billion in the United Kingdom alone. The estimates were £1.35 billion in sales in 2005. MarketingSherpa's research team estimated that, in 2006, affiliates worldwide earned US$6.5 billion in bounty and commissions from a variety of sources in retail, personal finance, gaming and gambling, travel, telecom, education, publishing, and forms of lead generation other than contextual advertising programs.
Always disclose your affiliate relationship. Most visitors will probably understand that graphic ad will lead to your getting paid, but if you write a review or use an in-text link as a recommendation, you want your readers to know that may lead to compensation as well. This ensures you retain transparency and trust with your readers, but also, it's required by the FTC's endorsement rules.
The concept of affiliate marketing on the Internet was conceived of, put into practice and patented by William J. Tobin, the founder of PC Flowers & Gifts. Launched on the Prodigy Network in 1989, PC Flowers & Gifts remained on the service until 1996. By 1993, PC Flowers & Gifts generated sales in excess of $6 million per year on the Prodigy service. In 1998, PC Flowers and Gifts developed the business model of paying a commission on sales to the Prodigy Network.
Developing a website might seem difficult on the surface. You know that some website development companies cost thousands, 10’s of thousands, or even 100’s of thousands of dollars to build a site. You might also think you need to know a bunch of computer code in order to build a great site. That is nonsense. I personally know a little tiny bit of HTML and CSS, but I’m even using that less and less over time.
Our site gets traffic from around the world and most of our affiliate links point to Amazon. If we were to direct every site visitor to Amazon, we would miss out on many opportunities for conversions for people outside the United States. Instead, we added a plug-in to our site that redirects the user to the country-specific version of Amazon to make sure that they find the page that they’re looking for. Specifically, we use the WordPress plug-in VigLink as it’s free and is easy to set up.
I find that everything you need for AdWords can be given to you by using the Adwords Campaign Management dashboard, keyword planner tool, and other search engine keyword tools. Essentially, you're looking for keywords to target on search, but instead, you're paying for it. What tools you use depends on your paid search strategy - you may want to target paid keywords that you don't / can't organically rank for (which would be a wise decision). However, if you want help chosing the best keywords and reporting on campaigns, other tools that you can use include:
Outsourcing is so crucially important because that is how you will take your affiliate marketing business from just a small business that makes you a few extra bucks per month to a 5 or 6 figure monster that earns you a passive income. While one site is being outsourced and making you money, you can build a second one. While those two are outsourced and making you money, you can build a third one, and so on. So many new affiliate marketers take their first commission checks and just spend in on themselves. If they re-invested that into outsourcing instead, the returns would be much bigger. My business didn’t truly start taking off until I learned about the power of outsourcing.
To help highlight the range of great options available, our updated infographic and free Digital Marketing Tools and Services download recommends 30 categories of marketing technology and our pick of the most popular 5 in each category. We’ve grouped them across the Smart Insights RACE Planning framework for managing digital marketing so you can review where you could make better use of the tools across the customer lifecycle. Click on the infographic below to see a larger version.
While affiliate marketing can be used to successfully monetize a site, there are risks involved that marketers need to be aware of. The one area I see consistently under-acknowledged is the ever-increasing danger of fraud. Affiliate marketing has its own unique range of fraud challenges. Cookie stuffing is a great example. That’s where the affiliate, unbeknownst to the advertiser, attaches cookies from multiple advertisers to every visitor — whether that customer clicked on an ad or not. If the shopper later makes a transaction at any of those sites, the affiliate can attempt to claim a commission.
If you are selling someone else’s product you can “sweeten the pot” by adding something that only your subscribers will get. For example, if they buy the affiliate course you are promoting, you’ll give them special access to a private Facebook group filled only with people who have purchased it through your link. If you are promoting some else’s retreat or weekend intensive, you can bundle a free hour or two of consulting after they attend the intensive or retreat. They are already on your list because they believe in you, so this makes them feel like they are getting special treatment for buying your affiliate product.
The first mistake a lot of affiliate marketers make is that they register with too many different affiliate programs and try to promote everything. Pursuing affiliate marketing down this path can become very overwhelming and you won’t be able to promote any product properly. All you need in order to be successful is a handful of good products to promote. Try to understand the market needs and look for products that align correctly with the topic of your site.
Also, they launched a brand new Site Audit tool. They are still polishing it but it already gets some enthusiastic reviews. Unlike other tools, it does not just show you website errors and SEO issues and relevant recommendations. It lets you create your own issues and configurations for the site audit. I think it’s really great in the constantly changing environment of today’s SEO.
When you start with content it is really important to think about SEO and how you can make your commerce content rank well in search engine results. 40% of large publishers revenue on Skimlinks comes from article more than 60 days old. When you start our producing very specific content, you can use very specific keywords, which is exactly what search engines look for when they’re deciding how prominently to rank content in search results. Theme posts around these special keywords and you should see your organic traffic begin to pick up as your most become indexed, and people discover them.
Forms of new media have also diversified how companies, brands, and ad networks serve ads to visitors. For instance, YouTube allows video-makers to embed advertisements through Google's affiliate network. New developments have made it more difficult for unscrupulous affiliates to make money. Emerging black sheep are detected and made known to the affiliate marketing community with much greater speed and efficiency.
Beginners in affiliate marketing should first work through partner networks — do not try to directly contact advertisers. Young sites are often ignored. In this case, partner networks, in turn, provide the ability to connect to many major sites. You can collaborate with several partners since the stakes are generally the same but not always. With partner managers, you can agree on higher rates.
In what we feel is one of the Best Affiliate Marketing Course, Master Affiliate Marketer KC Tan reveals all his secrets in this course around ClickBank affiliate marketing. Having taught 65,000+ students, he is as good as it gets and the student testimonials will only help you believe in him some more. If you want to succeed in ClickBank and are determined to get your first sales then this is the perfect course for you. Throughout the lessons, KC will teach you the tried and tested strategies that can be used to gain success as soon as possible. By the end of the program, you will have the confidence to put the acquired concepts to practical use and begin marketing.
Collaboration — One of the main reasons you need to start using such a service right now. You can Invite people to folders you own so you can work together on your projects. Of course you can give users specific permissions. You can also create download links so people can download the content or a file you want to send them. It is very easy. Also you can create an upload link. This means you give permissions to people to upload files in your folder without having an account in the service.
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.
While the world goes gaga over Digital Marketing, few seem to be discussing affiliate marketing in depth. A true gem, a lot of digital marketing in the future will be reliant on affiliate marketing. While social media marketing helps create buzz, search engine marketing helps drive traffic, affiliate marketers helps converts traffic into leads and sales. As the focus on ROI and analytics grows, more businesses will demand (they have started demanding already) people to showcase the exact value of digital marketing efforts. If there is one decisive way to measure digital marketing, it’s affiliate marketing. These are best suited for both affiliate marketing beginners and experienced professionals. Of the thousands of methods to make money online, Affiliate Marketing stands out. It has been more than a decade that thousands have turned millionaires simply by mastering this art and its your turn to grow and shine now.
In addition, you should always know who you’re getting your information from. There are far too many “guru’s” out there who really have no idea what they are talking about. When you sign up for your free account, you’ll be learning directly from Mark Ling and Simon Slade who are both affiliate marketing MILLIONAIRES. They’ve also helped to hand select some other successful affiliate marketers for their training videos. About a year ago, I had my own free training videos right here on this site, but I realized after a while that I just can’t create the type of quality training that Mark Ling and his crew have already put together and continuously update.
Digital strategist Dr Dave Chaffey is co-founder and Content Director of marketing publisher and learning platform Smart Insights. Dave is editor of the 100+ templates, ebooks and courses in the digital marketing resource library created by our team of 25+ digital marketing experts. Our resources are used by our Premium members in more than 100 countries to Plan, Manage and Optimize their digital marketing. Free members can access our free sample templates here. Dave is a keynote speaker, trainer and consultant who is author of 5 bestselling books on digital marketing including Digital Marketing Excellence and Digital Marketing: Strategy, Implementation and Practice. To learn about my books, see my personal site Digital marketing books by Dr. Dave Chaffey. In 2004 he was recognised by the Chartered Institute of Marketing as one of 50 marketing ‘gurus’ worldwide who have helped shape the future of marketing. Please connect on LinkedIn to receive updates or ask me a question.
But I would go even a step further and say it's not just traffic you need, but traffic you can CONVERT into subscribers and sales. After all, if you had a storefront, would it make you rich if you had a flood of people staring in your window? No, it wouldn't. You need prospects to come in and look around and start building a relationship with them, and then eventually they will start buying from you.