So, now it’s time for me to answer the questions. Let’s start from the first one. Of course, you can make money with affiliate marketing. “Is affiliate marketing a scam?“. No, it’s not. It’s just one the many ways you can use to monetize your website/blog and it’s one of the most popular ways to make money online. If people couldn’t make money with affiliate marketing it wouldn’t be so popular.
I decided to apply simple commercial market fundamentals to the situation. Essentially an “affiliate” is a digital salesperson working for your company, driving sales and getting commission. If you offer a salesperson a 10 percent commission to sell your product, assume they will sell $200,000 of product a week for you. What if you raised their commission to 20 percent? You’d assume they would work harder because they get more reward wouldn’t you? And if you lowered their commission to just 5 percent, they wouldn’t work as hard as they did before.
Over the last few years, we have seen a number of Google algorithm updates that have had a severe impact on the affiliate marketing business, and even many experienced online marketers found a sudden and dramatic drop in their income and traffic to their websites overnight. The search engine giant has long stated that it wants to focus on delivering quality, relevant results, and as its algorithms continue to evolve, websites that don’t meet its quality guidelines end up being pushed to the back of the search results.
Since you’re essentially a freelancer, you get ultimate independence in setting your own goals, redirecting your path when you feel so inclined, choosing the products that interest you, and even determining your own hours. This convenience means you can diversify your portfolio if you like or focus solely on simple and straightforward campaigns. You’ll also be free from company restrictions and regulations as well as ill-performing teams.
You don't need a guru to be successful and you need to do very little studying of actual affiliate marketing. Find a topic you're in to. Create quality content. Promote it through various channels - SEO, paid, email, social, etc and you can build a digital empire. It won't be fast or easy, but it is very much possible. Check out sites like the points guy for inspiring examples.
I was a victim of this exact scam. The only reason why I was successful in having my credit card restored, and my "customer number," deleted was because I wrote to the FTC as it is recommended in the emails that everyone receives from the FTC E-mail list of which I am a recipient of emails from the FTC, and they helped me with this exact situation that I embarrassingly tried. Thank you for restoring my money and my not being a victim of this problem. I am very grateful for this site and the award winning professionals who research countless types of illegal and scamming individuals who could ruin your life.
I believe Google was cleaning out the thin sites, the garbage sites and mine have come back in full swing. I ran tests at SEOMoz to ensure my site structures were all in good shape. Traffic is fine, it’s the “sponsors” who want us to send traffic who are the problem. They want something for nothing IMHO. We read all the Terms and Services and then we comply but we really never know if we’re being treated fairly and our traffic and conversions are being recorded and reported.
“I literally screamed so loud that I shocked even myself! … It is hard to describe the feeling one gets when one makes the first money from blogging. … I have felt that feeling several times since then, but nothing compares to the first time when I actually did make some money from my blog. And this sale came less than one year after starting my blog!”
Let me just say that finding a legit affiliate marketing program these days is extremely difficult. Since 2013, I’ve had this site up and have been exploring which ones work and which ones don’t. The 95% of systems I’ve found, don’t. The remaining 5% do, but many of these good places have also gone out of business, not because they were bad, but because they were overtaken by other sites, some good, some not so good.
Another interesting realization I had is that the performance marketers and other ad partners are all much more keen to share their data with advertisers, which they appreciate. The advertiser and ad partner relationships exist on a mutually beneficial communication process by which ad partners share data with the advertisers (costs, clicks, impressions, engagement, etc.) and both parties can work to optimize based on this data. This issue has come to full light with the recent issues around Facebook’s overstating of video metrics and Twitter’s video ad inflation debacle.
Thanks for your kind words Stu and I am so glad your eyes have opened to not only the idea of what a real business looks like online and you have some sound direction moving forward with the build out of your business. We all run across things along our journey to find something that works and you definitely cannot dwell on your past or your involvement in the particular MLM that you were involved with.
Affiliates are most successful when the products they promote match the interests of their followers and subscribers. In addition, many successful affiliate marketers advise recommending and promoting only products that the affiliate is personally familiar with. That’s because familiarity with the product, program, or service helps build trust between the affiliate and end-user.
This was a popular scam doing the rounds a couple of years ago. Say you owned the domain abc.com. You would receive an email (usually from China) telling you that someone is trying to register the domain name abc.cn in China. They are emailing you out of concern as they have noticed you own the .com domain. They want to make sure your trademark is protected in China.
It is amazing how many people in this industry have literally been taken for $1,000’s of their hard earn money. It is quite sickening that the business model for many companies has been based on how much money you can get out of a single customer versus offering a truly valuable service. Thus the reason people in general are so skeptical of this industry, it is full of crookery and you only have to be ripped off once by these affiliate marketing scams before your guard goes up.
For example: when I recently released my 31 Days to Build a Better Blog Workbook I also give people an opportunity to promote the workbook with an affiliate program whereby they could earn a 40% commission for each sale. When you sign up to become an affiliate you are given a special code unique to you that enables you to promote the workbook and make $7.98 per sale. The top affiliates earned over $2000 in the first few weeks after launch through these commissions.
Affiliate marketing companies such as Linkshare and CJ are complicit in the toolbars’ actions. This is because in an ideal world for Linkshare and CJ most online purchases would be affiliate sales through their network and this is the ideal the toolbar operators are working towards. Linkshare and CJ get paid more because of more affiliate transactions and they have no reason to care that affiliates are having their referrals and commissions hijacked.
Your domain is the address for your website (e.g., www.affilorama.com) so this is the first thing you will need to do when setting up your site. Considering there are millions of websites on the internet, it's possible that the domain name you want may already be taken by someone else. So make sure you have several options in mind. Be sure to read our advice on how to choose a good domain name.
Many voucher code web sites use a click-to-reveal format, which requires the web site user to click to reveal the voucher code. The action of clicking places the cookie on the website visitor's computer. In the United Kingdom, the IAB Affiliate Council under chair Matt Bailey announced regulations that stated that "Affiliates must not use a mechanism whereby users are encouraged to click to interact with content where it is unclear or confusing what the outcome will be."
Most businesses require startup fees as well as a cash flow to finance the products being sold. However, affiliate marketing can be done at a low cost, meaning you can get started quickly and without much hassle. There are no affiliate program fees to worry about and no need to create a product. Beginning this line of work is relatively straightforward.