Education occurs most often in "real life" by becoming involved and learning the details as time progresses. Although there are several books on the topic, some so-called "how-to" or "silver bullet" books instruct readers to manipulate holes in the Google algorithm, which can quickly become out of date, or suggest strategies no longer endorsed or permitted by advertisers.
Hi Roni, thanks for your post. Interesting point. I imagine Google will continue to make changes and improvements to their billion dollar organization, finding more ways to appeal to shoppers and merchants at the same time. They are in business to make money, and their product is valuable, relevant, easy to access information. Will this put the affiliate marketing world out of business? I think it’s too early to tell. Regardless, affiliates will need to stay on their toes and adjust their strategies to make sure they are ahead of the curve. They just might have to look for other means such as offline, mobile or new technologies. Further, even if a shopper ends their sale in google product search, an affiliate still might have influenced their buying decision – in which case we need to continue to understand attribution more clearly.
That led me to more research on the affiliate marketing systems out there and it finally led me to the WA, its been about 2 weeks as apart of WA and so far i am really glad i found it. My website is coming along and every time I think ‘how do i do _______?’ there is a video to walk me through it and a calm voice guiding me to do that which I would not be able to figure out on my own.
Some advertisers offer multi-tier programs that distribute commission into a hierarchical referral network of sign-ups and sub-partners. In practical terms, publisher "A" signs up to the program with an advertiser and gets rewarded for the agreed activity conducted by a referred visitor. If publisher "A" attracts publishers "B" and "C" to sign up for the same program using his sign-up code, all future activities performed by publishers "B" and "C" will result in additional commission (at a lower rate) for publisher "A".
This is a particularly important distinction if you decide to make a website that rates and reviews products. All too often, professional reviewers have their neutrality compromised because the products they review are the same ones that pay for ad space and can punish the review company by removing them if they submit a poor review. That same temptation can exist with affiliate marketers, but thanks to the commission system, the only pressure to deliver a slanted review comes from inside the reviewer.
Before you get into it, ask yourself, “do I care enough to do it for free?” If the answer is yes, then that’s a good place to start. Also, don’t focus on affiliate marketing alone. Find other ways to make money. For example, I use my blog to coach people, and I also sell on Amazon FBA. When I realized that my blog was finally making me affiliate income, I was surprised because I had totally forgotten about it. I was so occupied with other things.
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.
Can you make money with affiliate marketing? The short answer is yes, affiliate programs can earn a extra money and even a full-time income from home. The long answer is a little more complicated. Like any home income venture, success comes not so much from what you choose to do to make money, but whether or not you do what needs to be done correctly and consistently.
Affiliate marketing isn’t the only way to make money from blogs and it won’t suit every blog/blogger (more on this below) but there are a few reasons why it can be profitable in our medium. Perhaps the biggest of these reasons is that affiliate marketing seems to work best when there’s a relationship with trust between the publisher and their readership.