Content is king, people look for value and entertainment and reward those who can give one (or both) to them by signing up to their lists, consuming their content and eventually buying products as well. Its definetly a tough job: providing a ton of free content, establishing a relationship with your audience, being helpful and seeing the whole thing as a longterm venture.
Giving away a free informational product such as an e-book, an email series or a mini-course is a popular tactic many affiliate marketers use. Usually, your readers will have to provide their email addresses to receive the product from you. You can then use this to sell to them via email marketing. Additionally, an informational product can generate interest in the actual product you're trying to sell. If your product is popular enough and brings enough traffic to your site, you could also monetize the traffic in other ways, such as AdSense.
On the bright side, even a small commission on a cheap item usually comes to more money than a single click on a banner ad, but then a visitor buying something is much less likely than someone clicking on the ad. As such, while an affiliate marketing campaign has the potential to offer enough money to make it a full-time job, it can take months or years of work to reach that point.
That means that it’s now actually one of the largest U.S. industries today. So people asking ‘is affiliate marketing dead?’ may be a bit premature. In fact, you could easily say that affiliate marketing has even become the biggest segment of the overall online marketing landscape. Approximately 15% of the total revenue from digital marketing is now being generated by, (yes, you guessed it) affiliate marketing.
When we think of digital marketing, we think PPC, SEO, SEM, Landing Page Optimization, paid social, and many others channels, but the one we tend to overlook is affiliate marketing. That’s because affiliate marketing is a behind-the-scenes channel; you don’t see us but we’re there, sending you traffic and sales from all over the web, connecting you with customers you might not have found any other way. You’ve probably clicked on many affiliate ads without even realizing it.
Anyways, learned a lot here today, thanks for giving info on affiliate marketing. I have been an affiliate for few programs but failed to make a profit because I haven’t done it correctly. Also, web traffic on your site requires to be really good and targeted to get things work. Require to work on traffic first and then you can go for affiliate marketing. An Affiliate Marketing also depends on what niche are you blogging about. If you have a technology blog, you can join Amazon, Flipkart, Snapdeal. If you talking into web-hosting, then you can join the affiliated programs derived by Webhosting companies.
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.
I agree I actually really like affiliate marketing, I also love a challenge so doing affiliate marketing has been a good thing to challenge myself. Writing comes natural to me so that isn’t the hard part the hardest part is like you mentioned and I mentioned in the article is. Actually staying motivated to keep writing valuable content so eventually your readers become buyers.
To those on the outside, affiliate marketing can seem like a black box. It’s inner workings are mysterious to most marketers and in many companies it’s not treated with the same seriousness as other channels. Some marketers, only familiar with the bad reputation acquired by some industry players in the 2000s, deride it as a source of spam and little more.
This is huge in BC Canada right now, GAZ has over 10,000 people buying into this scam! Its unbelievable this is not illegal- the catch is they all sell their lives to show how rich they are and they only work for 2 hours a day. Sign up for a membership for $99 but then you have to buy a water filter system for $8000…. scam for sure. Hopefully someone catches on to this soon. It was on ctv news, an 70 year old man fell for this and they refused to give his money back. Funny thing is the one running this brags about making $300,000 a year…
That’s totally up to you but if there are products/services that could help your audience then in my opinion you should definitely think about promoting them. You could use affiliate marketing not just for making extra money for yourself but also for providing more options/solutions to your readers. Assuming of course, that your audience will appreciate that.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.