There are loads of resources for making money online as an affiliate. You could source products from ClickBank, Commission Junction, Rakuten Marketing, Share-a-Sale, Impact Radius and many others. Plus, many of the larger companies have their own affiliate programs as well. Do your due diligence and find the right company with a relevant product or service to your audience that you can sell as an affiliate.
- A blog goes without saying - just think of your audience - do you want to target newbies, amateurs or pros? Each one of these people will be very different and will want to see different things on the site and a different angle so try just focusing on 1 of these groups rather than trying to cater to them all. I think if you targeted newbies for example you could build a good following because you are an expert compared to them - don't know your experience enough to comment on the other two.
One of the most unexplored but effective modes of marketing is Quora. Back in the day, there’s Yahoo Answers. Many people made some money out of that but they took it down. That is when Quora is born. It works in pretty much the same way as Yahoo Answers. It is a question and answer website. Why is it effective? If the answers are given right when people need it, it is really powerful. This is because the chances of conversion is often higher.
Just like to add 1 additional “CON” to the list of Pros and Cons of Clickbank. Their rule on paying out the commissions earned. You must have 5 sales all from different credit card accounts before they will pay you what you have earned. That flat out sucks!. Affiliates work hard to get even 1 sale and because of Clickbanks rule, lose that money over time if they cannot get another 4 sales, the commission keeps reducing steadily if 4 more sales are not forthcoming. Clickbank has got to change that rule, which many feel is illegal!. A sale, is a sale, and the commission must be paid out. Basically, Clickbank is “Ripping-Off” affiliate marketers.
Let’s say that you promote a CB product. I click on your link, I decide to order it and boom! I see that it’s a CB product. Irrespective of your link cloaking, irrespective of any of your actions I still can see that it’s a CB product. Then it’s very easy to find out what the standard affiliate link is, add my CB username, click on my own link, order, and get a “commission”. You get nothing. How is that? Unfair, right?
It is important to keep your expectations to generate dividends but to make money with Clickbank is not as simple as grabbing a lot of affiliate links, place on your blog and see the package of bills. To make the most of the ClickBank, there are some things you should know, and some strategies to be followed; today I will try to give you some light on the matter. Pay attention.
I don’t try to sell too much. All you need to do is to drive value and give good information to the buyer. Put yourself in the shoes of the buyer and address their fears and questions. Don’t beat around the bush and don’t try to waste their time and at the end, try showing some sort of proof or results. If you own the product, show what’s inside and talk about your experience with it. This will help you to build a relationship with them quickly.
The three iPads will cost Jonathan about $1,800. Not cheap but not out of the budget for someone who want to build a real affiliate marketing business. So far, Jonathan’s promotion has worked extremely well and he should have a list of over 10,000 names before the contest is over. If 100,000 names are worth $1 million a year, 10,000 names would be worth $100,000 a year. That’s not a bad return on $1,800!
There’s definitely money to be made with what they teach but because you’re 100% dependent on paid traffic, its also big risks and doing affiliate on paid traffic is definitely not the easiest business model out there because you’re only working with very slim margins. Anyway here’s an example of an Ad I created with Gerry and my MentorMe coach Nick.
- A training course could be a good idea to target newbies - could be an ebook, video course (or both) or simply a series of emails - this will get them on your list and then in the training course you will have affiliate links to the robots/platforms etc or other products that will make their job of trading easier/make them money easier/faster etc - they are also then on your list for future communication and marketing.
eConsultancy is a high-end digital marketing strategy course and community that offers digital marketing professionals, and those in the affiliate marketing business, access to some of the most advanced materials, tutorials and other tools available anywhere on the market. Perhaps the only downside to eConsultancy is the fact that the service is so professional and so focused on providing features and materials for advanced...
22. Advertising – This is definitely the most old-school way of earning money with a blog. It’s also starting to become the least common way. You can sell advertising spots directly on your site or you can sign up with a company like Google AdSense or Media.net. Either way, you won’t see a whole lot of money from ads until your views are well into the thousands each day.
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