Today’s affiliate landscape has evolved from primarily traditional coupon, loyalty, and blog affiliates to now encompass social media influencers, business development partners, and even paid media partners. You need streamlined workflows that make it easy to recruit, onboard and manage each partner on the same platform. You need instant access to performance metrics and actionable insights—and the tools to identify and block fraudulent partners. And you need custom tracking solutions to meet your unique needs.
But establishing direct affiliate marketing relationships is extremely challenging for a number of reasons, which we’ll get into below. While there are certain instances when a direct relationship makes sense, most affiliates will be better off accepting that networks are part of the equation and focusing on finding the right merchants and maximizing referrals.
This is one that I’ve struggled with and still struggle with to this day. To maximize your success, you need to form a personal relationship through your website, ebook, video blog, social media accounts, or any other way you spread information. People can get boring information from Wikipedia. You should promote yourself as an EXPERT in whatever niche you decide to get into. That’s why it is important to pick a topic you already know and love. After all, everyone knows something about something that others would like to learn. What is YOUR unique skill or knowledge?
Many affiliate programs run with last-click attribution, where the affiliate receiving the last click before the sale gets 100% credit for the conversion. This is changing. With affiliate platforms providing new attribution models and reporting features, you are able to see a full-funnel, cross-channel view of how individual marketing tactics are working together. For example, you might see that a paid social campaign generated the first click, Affiliate X got click 2, and Affiliate Y got the last click. With this full picture, you can structure your affiliate commissions so that Affiliate X gets a percentage of the credit for the sale, even though they didn’t get the last click.
Picking the right market for your funnel is crucial. Pick the right market & you’ll make money right away. Pick the wrong market & you might never make a dollar. This module will give you the tools & know-how to pick winning markets based on the passion or problem approach, market size, urgency and why it’s always important to promote evergreen products.
Find a program — As we discussed earlier, many affiliate marketers find their merchants, vendors, or brands through affiliate programs. It’s important you determine your niche prior to finding a program, as some programs are geared toward certain types of products. If you’re interested in a particular affiliate program, look into what kinds of products it offers and whether it has any data on the success of its affiliates.
(v) You will not cloak, hide, spoof, or otherwise obscure the URL of your Site containing Special Links (including by use of Redirecting Links) or the user agent of the application in which Program Content is displayed or used such that we cannot reasonably determine the site or application from which a customer clicks through such Special Link to an Amazon Site.
Of course, this is a generalization, and there are some programs that have made themselves exceptions to the rule. For example, I’ve seen many affiliate programs that offer low commission rates on products that are worth very little. I’ve also seen a few programs with items priced into the hundreds or thousands of dollars that offer commission rates of 20-30%.
Many new affiliate marketers go after the HUGE niche areas like insurance, travel or weight loss. The bigger the niche, the more money you can make. It’s very enticing to try and promote car insurance considering you can make $100+ per sale. Of course, there is so much competition in the “car insurance” niche that you will need to work very hard for quite a while before you can even compete with the thousands of others trying to do the same.
MaxBounty works exclusively with digital products, usually about giving one’s email or signing up for a newsletter. MaxBounty has CPA, Pay-per-call, and CPL campaigns that you can choose from. MaxBounty is involved in a large number of verticals, including market research, real estate, social games, finance, dating, and diet, but is primarily designed for marketers seeking to acquire new leads.
Affiliates can also help your company tap into new audiences and reposition inventory so that it is relevant to them. For example, perhaps your site is entirely in English, with no exposure to the Hispanic market. One of your affiliates may translate your copy into Spanish and target that market, thus bringing new customers to you. Such a tactic — translating text — would be expensive and time consuming. So increased commissions for those new customers would help offset the affiliate’s initial investment.
I don’t know about you but, I cried at school but it wasn’t because I had a life changing moment, it was because I wanted to kill myself because all the crap they taught was useless. So that’s my…where this whole thing happened. So I’m trying to think with these guys. There’s two slides and I showed my first slide. I was like, “I have kind of a unique angle.” At an affiliate summit, just so you know, there’s the vendors who have products or there’s the networks, the affiliate networks, where they’re selling a bunch of products. And then there’s the other side, which are the actual affiliates. So I knew there were two audiences.
While these models have diminished in mature e-commerce and online advertising markets they are still prevalent in some more nascent industries. China is one example where Affiliate Marketing does not overtly resemble the same model in the West. With many affiliates being paid a flat "Cost Per Day" with some networks offering Cost Per Click or CPM.
We will pay Standard Program Fees and Special Program Fees in the default currency for an Amazon Site approximately 60 days following the end of each calendar month in which they were earned by the method described below that you have selected. You may be permitted to elect to receive payment in a currency other than the default currency for an Amazon Site. If you choose to do so, you agree that the conversion rate will be determined in accordance with Amazon’s operating standards.
When formulating a commission structure, the first step is to consider all stakeholders involved in the transaction. Even though affiliate marketing is entirely performance-based — and nary a nickel gets paid unless a transaction occurs — there are several different parties taking a cut of that sale. The affiliate gets a percentage. The affiliate network gets a percentage. And, your affiliate manager might take a percentage. What initially seemed as a no-risk marketing channel could be one of your most expensive.
Adam Enfroy is the Affiliate Partnerships Manager at BigCommerce. With 10+ years of experience in digital marketing, ecommerce, SEO, web development, and selling online courses, he is passionate about leveraging the right strategic partnerships, content, and software to scale digital growth. Adam lives in Austin, TX and writes about building your online influence by scaling your content and affiliate marketing strategies on his blog.
After going through Module 5 you’ll know the secret to finding & sharing content your subscribers can’t get enough of! They’ll print it out. They’ll put it on their fridge & send it to their friends! And best of all - you won’t have to create any of it! You’ll learn the advantages of shared content over created content and even how to use contests & give-aways to make sure your subscribers stay in your funnel forever!
You find the hot offer that peope are already buying and that’s kind of the first step. And then let’s say they have a video sales letter. They got some way they’re selling it, I want to watch that video and try to figure out what’s the one most interesting curiosity based thing in this sales process. So I’m watching it trying to figure out. So I watch the whole video. Maybe in the video they talk about, the example I showed was the diabetic, way to end diabetic pain. So I watched the video and in there they’re talking about this shake they make that diabetics can drink in the morning and make it so their hands don’t tingle.
Don’t depend on affiliate marketing. While affiliate marketing can help boost your sales, it’s often not enough for you to be passive with other marketing strategies to grow your store. You also need to take the steps to improve your store’s optimization to ensure that your affiliates can easily convert the traffic they send you. On average, affiliate sales bring about 10% of your company’s revenue.
If your website doesn’t have much traffic to speak of, there’s probably not a big opportunity for you now in affiliate marketing. Focus on producing high quality content, building some links, and getting a recurring stream of visitors to your site. But if you have a website that is already attracting a significant number of visitors from referring sites, organic search, and direct visits, affiliate marketing could be a logical way to monetize.
Start by thinking about your audience. What kinds of products or services are they most interested in? Which products or services are you currently using that you would feel comfortable recommending to your readers? You can add links to any affiliate program to your site, but if you want to market them with authenticity, it’s best to stick to companies with which you already have some kind of connection.
FriendFinder is an adult-friendly network of dating websites that has a terrific affiliate marketing program, both in terms of customer service and commission rates. Because they rely heavily on affiliates to recruit new members, they treat their affiliates like true business partners. They have a solid reputation for payment and security, and have frequent special offers. Checking into your affiliate account at FriendFinder is always a fun experience, and often a profitable one.
(d) Indemnification. WE WILL HAVE NO LIABILITY FOR ANY MATTER DIRECTLY OR INDIRECTLY RELATING TO THE CREATION, MAINTENANCE, OR OPERATION OF THE INFLUENCER PAGE, AND YOU AGREE TO DEFEND, INDEMNIFY, AND HOLD US, OUR AFFILIATES AND LICENSORS, AND OUR AND THEIR RESPECTIVE EMPLOYEES, OFFICERS, DIRECTORS, AND REPRESENTATIVES, HARMLESS FROM AND AGAINST ALL CLAIMS, DAMAGES, LOSSES, LIABILITIES, COSTS, AND EXPENSES (INCLUDING ATTORNEYS’ FEES) RELATING TO ANY CONTENT WITHIN THE INFLUENCER PAGE PROVIDED BY YOU.
These are some really great programs to start with, if they fit in your niche. AWeber, for instance, has a good pay out, but if your blog readers aren’t interested in building an email list, you’re not going to make any sales by promoting it. That’s why I love that you’ve also included ShareASale – no matter what niche you’re in, you’ll find something excellent to promote!