I think there are a couple main reasons why the research aspect is so overlooked in affiliate marketing. The first reason is, people are just lazy. Most new affiliate marketers are only thinking about making money in the shortest period of time, so they simply choose a niche and build a site in their first day. Then, months go by with little to no website traffic and they proclaim that affiliate marketing no longer works. Considering affiliate marketing is a multi-billion dollar per year industry driving about 20% of all online sales, that of course isn’t true. Most people just don’t do the research necessary to truly find a profitable niche that is in demand without too much competition.
Let no one tell you that email marketing is dead. An email list is crucial for every affiliate marketer. You can start building up your email list with a lead magnet (like the information products mentioned previously) or even just by encouraging your audience to sign up for your updates. You can then push your content to this audience via email and also direct them to your affiliate offers. Don't be sleazy about the sales, but if you build up enough trust with your email audience; when the time comes, they will not mind purchasing a product from you.
While affiliate marketing can be used to successfully monetize a site, there are risks involved that marketers need to be aware of. The one area I see consistently under-acknowledged is the ever-increasing danger of fraud. Affiliate marketing has its own unique range of fraud challenges. Cookie stuffing is a great example. That’s where the affiliate, unbeknownst to the advertiser, attaches cookies from multiple advertisers to every visitor — whether that customer clicked on an ad or not. If the shopper later makes a transaction at any of those sites, the affiliate can attempt to claim a commission.
Do they value and help their affiliates? Some affiliate programs do an exceptional job of communicating with their affiliates, notifying them of upcoming sales, offering marketing advice or tools, offering contents and prizes during promotions and more. These types of affiliate programs are a pleasure to be a part of. Ultimate Bundles is an excellent example.
Don’t just hope and pray that visitors will buy; setup everything correctly and make it happen! If you think that visitors will click on your affiliate links and buy just because you placed dozens of affiliate links on your website then you are wrong! You need to have a structured plan in place. Affiliate marketing is a business so you will have a much better chance of succeeding if you treat it like one.
Consistency and discipline – Mr consistent usually gets the best results. Being consistent and disciplined in your business ensures you’ll minimise distractions that will delay your success. It will also help you develop a structure around your daily actions so you won’t waste time figuring out what to do next. Creating a plan and sticking to it is essential for long-term results.
This is a great place to start for beginner affiliates. The deeper you get into affiliation, the potential is even great than $50 to $100 in the following industries: Gambling, Adult and Pharma…these industries can get an affiliate a $250+ CPA commission + Rev Share for successful affiliates. The sky is the limit and many people fall into the most amateur affiliate programs which is probably why most affiliates are not successful. I’ve been an affiliate marketer for many years now and if you’re just starting out, the one thing I recommend is first of all: Get familiar with all the tools, affiliation strategies…get to know the programs, establish a connection with your affiliate managers and if you put a lot of time in it and take it seriously…Sooner or later you will succeed. I’ve done it and I am still doing it. I have a few successful sites that I operate, I work both with Click Bank and independent affiliation programs…One word of advice, Amazon and Ebay are over-saturated…Try an affiliate program with a higher CPA and less competition…Competition can be measured simply by using the Google Keyword Tools. Great article! I love your blog. Cheers! Mike
Google Trends - A good tool for understanding seasonal content. It also displays results in a more visual way but presents much simpler results than Keyword Planner. It shows interest in keywords and search queries, but doesn't give you the exact number of searches or your organic position. It is definitely worth having with Keyword Planner, but I wouldn't recommend only using Trends.
It turns out that affiliates, like anyone really, need to hear from you. As a business owner, it can seem trivial to spend an hour or two every few weeks writing affiliate newsletters but those are important. An email every month or so for larger affiliates is also important. Continuing to have creatives deposited and offering discounts or other promotions tied to different holidays or the time of year all help affiliates make sales for your store.
The concept of affiliate marketing on the Internet was conceived of, put into practice and patented by William J. Tobin, the founder of PC Flowers & Gifts. Launched on the Prodigy Network in 1989, PC Flowers & Gifts remained on the service until 1996. By 1993, PC Flowers & Gifts generated sales in excess of $6 million per year on the Prodigy service. In 1998, PC Flowers and Gifts developed the business model of paying a commission on sales to the Prodigy Network.
As the name implies, 1MC is a program that allows you to rack up a sizable number of clicks to your website in a very short time. It advertises itself as a “fake traffic generator” and that’s really what it is; it’s not going to earn you any money through commissions or referrals. It may earn you cash through pay per view ads, particularly if you use a proxy list, but its primary purpose is typically for testing. If you want to make sure your analytics are accurately reporting clicks, you can schedule a number of clicks through the software and track them. You can also set it to freely spam a site with clicks, to test the server under load. You should, of course, avoid targeting competitors; they won’t take kindly to an unwanted server stress test.