Affiliate Marketing
How To Succeed At Affiliate Marketing
Affiliate marketing is an online business model that kind of resembles the “work for a commission" model in the offline world. There are millions of products for sale online and they need to be sold to a consumer. You need to sell a product to earn a percentage of the sale. The percentage mostly depends on the product, the product creator and the affiliate network you are involved in.
Know What You're Talking About
You need to know what you’re talking about if you want to make sales. Remember; the end goal is to make people reach for their credit cards and make a purchase so you can get that commission.
You absolutely need to know what you're talking about to build authority and trust. If you know what you’re talking about and you get the reputation that you're the go-to-person for a specific problem, people will have no problem trusting you with your recommended products.
Create Content That Sells Without Selling
Create high quality and informative articles where you pitch your offer. Make sure that in these high quality articles, you place your affiliate links in appropriate sections to maximize the chance of a visitor clicking through.
Visitors hate seeing that they are constantly being sold to while reading. It’s distracting and invasive. The best way to “sell without selling” is to link to your article page from the blog posts you’ll be publishing.
Start An Email List As Soon As Possible
Having your own email list will be by far your greatest weapon when doing affiliate marketing. It will allow you to build authority and trust and it will give you an audience you can reach out to anytime you want.
Email marketing has been proven time and time again to be the best tool when it comes to making money with affiliate marketing.
Go For Recurring Commissions
It’s good to do $50 sale, but it’s better to do a recurring monthly sale of $25. Whenever you can, try to promote a product that has a recurring fee involved. This way you make a sale once but you keep getting a commission every month/year for as long as the customer stays a customer.
Big Commissions? Yes Please!
What’s better than recurring commissions? High ticket item commissions; making $1,000+ a sale! These are rare and can’t be done with every niche but they are possible.
These types of sales happen when you’re selling products in industries such as holiday trips, luxury watches, jewelleries etc. With big commission like this, you only need to make 25 sales a month and you will be making some job-replacing income.
Understanding The Habits Of An Online Customer
In order to succeed in affiliate marketing, you have to step into the mind of your users, understand what they want and deliver exactly what they need. An online customer goes through a lot of phases before they make a purchase. You need to be influential in every step he takes so you can increase the chances of him buying the product from you and not your competitor.
Over Deliver Every Time
To make money at affiliate marketing, you always have to deliver more than the customer expects and more than your competition can deliver. The customer base online is huge but don’t forget there is also competition.
Offer bonuses, write better content, engage on social media, spend time dealing with customers 1 on 1, whatever it takes to build a relationship with the customer.
Have Integrity When Doing Business
If you want a sustainable business that will last years, than you need to make sure you do things with integrity. Make sure to never, ever promote a product you do not think will bring value to your customers.
It doesn’t matter if it’s the easiest sell in the world and you make $1000 off each sell. If it’s a garbage product, it’s a garbage product. Don’t associate your name and brand with something that is not beneficial to your customers.
Consistency Creates Success
It takes time to build up a business and you will want to give up eventually. That’s an easy thing to do and that is why so many never make a dime in affiliate marketing. It just comes down to how much you want to make this work. For those that commit themselves, work hard and stick with it for at least 6-12 months have an incredible chance of success.