Use this ebook as a starting point and a reference for each stage of your journey as you learn how to sell as an affiliate marketer. As you read through each section, you’ll find affiliate marketing explained to you in a way that you can relate to. Plus, you’ll find tons of examples and tips that will help you establish yourself and improve your selling methods that will grow your income over the years.
You have the manpower and resources for it. While many processes involved in marketing can be automated, it is important to be hands-on when it comes to this scheme. You must be proactive in monitoring your affiliates and tracking your conversions to make sure you are properly compensating your partners. Additionally, you must be financially prepared to invest in these software.
Once your hosting is set up, you need to install a content management system (CMS) for your site. We recommend WordPress because it is easy to use and a beginner (like you!) can quite quickly figure out how it works. Most good hosting providers will have a one-click install option for WordPress, which means it will only take you a couple of minutes and you will have WordPress installed on your site.
Promote products at various price points. Even the little products (like Amazon ebooks) add up. If there is a truly useful product on the pricier side, it can still be worth the promotion even if only a few people buy it. If you’ve used a product of exceptional quality and it’s a good investment, or if it’s a product that’s unique, specialized or one-of-a-kind, go for it.
Refersion is an integrated performance marketing platform created for entrepreneurs looking to utilize promotion networks. Every aspect of the program creating and launching process is covered by this web-based software, so you do not have to sacrifice too much time or disrupt your operations. In fact, setting up an account and connecting Refersion to your online shop usually takes only a few minutes. After the setup, you can focus on expanding your business by working with brand ambassadors, bloggers, promoters, and social influencers; all while monitoring how many clicks and conversions occur in real-time. Refersion, being a flexible software, can be customized according to company size, helping entrepreneurs from anywhere on the globe thrive in a fast-paced world that prioritizes performance and data. On a monthly basis, Starter subscriptions cost $19, the Professional package costs $89, and the Enterprise plan is priced by quote.
WpCloaker is a simple yet effective tool to make your affiliate links look user-friendly. If you have generated affiliate links from your affiliate programs chances are that the links look ugly with a stream of session ids, numbers, and parameters. Users might be hesitant to click on such URLs with the fear of being directed to a spammy website. One way of overcoming this is by using a URL cloaking which redirects the URL from a reader friendly version to the original affiliate link. This way the user sees only the user-friendly link when he hovers over a particular anchor text.
An affiliate marketer has to wear multiple hats every day. To run his business he might need to be a good accountant, content marketer, SEO professional, product manager, social media marketer and conversion rate optimizer. The pressure of multi-tasking and the need to be both productive and creative makes the life of an affiliate marketer very challenging.
As Todd Crawford of Impact Radius puts it: “Marketers will need to monitor their vendors and partners for compliance with the GDPR. Vetting relationships will be extremely important, as well as ensuring that each party and your company have the appropriate consents and disclosures concerning collection, tracking, and processing personal data of your customers. Intelligent tools will be key for monitoring the types and treatment of covered data. As 2018 nears, it is essential to ask your vendors and partners whether they are or will be compliant by the May deadline, and to provide supporting details concerning their compliance efforts.”
While joining affiliate programs is a free opportunity, it's a business – and like any business, it will cost some money to start and run it. But those costs will be associated with building, running and promoting your blog or website. There are many tools – free and paid - you can use to assist you with all of these processes. I list a few of my favorite affiliate marketing tools here.
In 2006, the most active sectors for affiliate marketing were the adult gambling, retail industries and file-sharing services.:149–150 The three sectors expected to experience the greatest growth are the mobile phone, finance, and travel sectors. Soon after these sectors came the entertainment (particularly gaming) and Internet-related services (particularly broadband) sectors. Also several of the affiliate solution providers expect to see increased interest from business-to-business marketers and advertisers in using affiliate marketing as part of their mix.:149–150