Thank you Yuwanda for this encouragement and information! My website is nowhere near finished yet but another blogger had recommended starting to get affiliate approval as soon as possible so I gave 2 of them a shot and was turned down today – but then stumbled upon your great post so I think it was all meant to be. I feel like it takes a lot of failures to achieve a small amount of success so this is just helping me to get to there… but patience is sometimes hard. I appreciate your excellent words of wisdom.
Well, in my personal experience, affiliate marketing makes up the largest chunk of my blog income. Since getting started back in October, I’ve made a few thousand dollars from affiliate marketing (including $1500 in the first 30 days!). The road to get there wasn’t easy though… affiliate marketing isn’t just about dropping links and hoping people will buy things. There is, in fact, a lot more strategic thinking involved, which brings us to the next major question:
Visitors to your website are already familiar with your brand to some extent, making them potential candidates for your affiliate program. Plus, this is where nearly a quarter of affiliate marketers find out about new programs. Promote your affiliate program on your site with a link in an out of the way but still easily accessible place like your footer, and create a page dedicated to the program and highlighting the benefits of joining. Here’s how Pooch Perks does it.
On a monthly basis, I’ve had success devoting an hour or two to a couple of activities. First, I send out a monthly newsletter to my affiliates (you can typically do this within your affiliate app). In the email, I let them know about anything new that’s cooking – and encourage everyone to log into their affiliate dashboard so that he or she can share the news.
Alex, a Honda Civic enthusiast, is looking for the best exhaust for the money. He stumbles on John’s carmufflers.com after doing some research on Google. After much debate Alex decides to go with a Borla catback exhaust system for his Honda Civic. After spending enough time on John’s website, Alex clicks John’s affiliate link to the Borla Exhaust Honda Civic page. Right there is when the cookie is stored on Alex’s computer. John (the affiliate) will ONLY get commission if Alex decides to make a purchase within the 7 days. Luckily for John, Alex decides to buy a $239 exhaust system. This means that John would have just made $21.51 for this one sale.