Affiliate marketing in a nutshell is promoting other people’s products and services in exchange for a portion of commissions.
They can be digital products, such as e-learning programs, comprising PDF e-books, video courses, software tools, and website templates, and physical goods, such as things that people like you and I buy every day at consumer and entertainment stores. purposes.
Registering as an affiliate is very simple. Just do a Google search for affiliate programs and you will find dozens in the results lists. But out of my 10 years of internet marketing experience, Amazon, ClickBank, Market Health, and JVZoo are by far the most popular. While Amazon deals with consumer products, ClickBank and JVZoo specialize in digital products that I just mentioned above. Market Health, as the name implies, is primarily focused on medical devices. In addition to these, you can also promote services like autoresponder, domain registration, and web hosting that most marketers need as online tools to start their own online businesses.
While those companies focus on rewarding you with commissions for every sale you generated for them, there are others that paid you for every lead you get for them, whether that prospect buys or not. This comes under the term cost per action or CPA marketing. Never Blue and Peerfly are the two most popular networks that stand out, while you can also search for others through the Offer Vault and O’Digger CPA search platforms.
When registering, you will be able to choose whether you want to receive your commissions via checks or direct bank deposit, depending on where you live. For ClickBank, you must generate at least 5 sales before a check is issued and the option to continue receiving checks or direct deposits. For Amazon, you must generate at least $ 100 in commissions before receiving a check if you live outside the US OR you have the same 2 options if you are American.
Once you are approved, you can start promoting your products and services. Since most of my 10 years have been spent promoting Amazon and ClickBank, I will mention them. Now, as important as learning and winning is, you need to focus on who your target prospects are and how you can help them with their needs and wants. For Amazon, the answers are very obvious. I typically look for top-selling products, hot releases, and products with a rating of at least 4-5 stars. But for ClickBank, I’ll look for those that pay commissions of at least $ 30 and with high gravity like most affiliates they promote before considering whether I should do the same as well.
When deciding what to promote, I simply placed ads first through classified websites like Adlandpro, Adpost, Backpage, Craigslist, and Gumtree to get quick money to get started. Then I concentrated on creating content for long-term passive income, such as writing articles, blogs, e-books, press releases, and videos.
For information products, I typically link them to my squeeze page, and over time, once they become my subscribers, I follow up on not only email promotions, but also content and links to my blog posts.
For physical products, those will be my affiliate sites that I will send my visitors to. But I do my best to make my site not look like an affiliate site, but rather a really professional looking eCommerce site using WordPress, Ink Themes, and WooCommerce. So far I have promoted air purifiers, digital cameras, guitars, kindles, robotic toys, and seasonal gifts like Thanksgiving, Christmas, and Chinese New Years.
Now, with the rise of Facebook as an all-in-one social media and marketing platform, I now channel my time and efforts into it. Such as fanpages, groups, and ads that allow me to target my ideal prospects based on their age, gender, interests, and earning potential based on their occupations.
In general, affiliate marketing is like referral marketing, but it is mainly done online and you can still generate a great long-term passive income if you know how and what to do correctly and regularly. It is not a get-rich-quick plan, but rather a plan that helps you passively earn in the long run.
Even without meeting and even talking to people compared to traditional marketing like direct sales and telemarketing.