Ama, you mentioned the “refund rate” in your article but I believe that need a bit more explanation. Let’s take a down-to-earth example. We recently launched an affiliate campaign for our online coffee shop and got an affiliate who sent us a customer. The customer makes a $100 purchase. The affilite gets his $5. Soon a refund is requested (the client wanted a decaf coffee, for example). How do we deal with the $5 that we sent to the affiliate. What I expect is that we need to state the refund period (say, 7 days) and the affiliate money are released only after those 7 days. Is that correct?
Nice content, l locate your post when l was doing researching, l read some of your articles, l really love What Is Affiliate Marketing?, which you really explain about a What Is Affiliate Marketing?, there is a great value in your content, l learn a lot. l will be coming back for more, whenever you post an article. it was awesome to locate your article. please if you have time, do check my blog l have a similar content like yours, thanks.
Affiliate support is quick and efficient. I’ve dealt with my share of bone-headed affiliate managers who think they are doing you a favor by resolving your inquiries. Yes, these underachievers exist and shouldn’t be affiliate managers. By contrast, Shopify affiliate managers are on the ball. The few emails I’ve sent have been resolved quickly with excellent advice.
If you're only starting out, affiliate marketing might seem like a complicated concept. Don't let that intimidate you! This affiliate marketing for dummies guide will make it very simple. The whole course is split into separate short and exciting video lessons. So, there's no doubt that you will succeed in this course and learn many useful tricks. Furthermore, to complete this tutorial, you only need a few free hours of your afternoon. You'll learn a ton of helpful information with the minimal amount of effort and time invested.
Ok, as an Affiliate Marketing Dummy, you might feel a bit confused now. This post about SEO from LiveChat’s blog will make the concept pretty obvious while this article from Yoast will help you avoid all the mistakes, rookie affiliate marketers tend to make. What you have to remember is to search for RIGHT keywords related to your niche, instead of for the best ones. How to search for them? You’ll find Adwords Console Keyword Planner extremely useful here. Try to optimize your website for phrases with min. 500 and max. 15,000 monthly organic searches. Those are usually relatively easy to get your content rank high in Google. That strategy won’t bring you millions of visitors overnight, but can attract attention of few potential customers everyday.
CPS, also referred to as PPS (Pay Per Sale), is a low-risk, high-profit, revenue-sharing model used by marketers to lure an unlimited number of new customers to their product or service. Cost-Per-Sale pays a set commission to the affiliate marketer who refers a lead that results in a purchase. Marketers love the CPS model since they only pay a commission after they get paid first by the purchasing customer. It’s in essence free marketing and advertising since the affiliate is the one who produces the lead without any up-front cost to them. This is also why CPS payout commission percentages are so high. Incidentally, the CPS model is primarily what we focus on here at highpayingaffiliateprograms.com.
Many people don’t realize that you can make so much money selling T-Shirts on Instagram which doesn’t even require you to spend a dollar on T-Shirts before you could start selling them. Please checkout that FREE article I provided, it’s filled with a gold mine of instructions on how you can try one of my strategies out without a single cost to you! I’ve seen so many people fail at selling T-Shirts on Instagram because they don’t understand who their followers are.
Deep linking is available, but a bit disorganized. Deep linking is the practice by which an affiliate creates a link to a specific page on the merchant’s site. For example, instead of using a generic homepage affiliate link, I deep link to an article that relates to my post. Deep linking increases conversion and sales potential. Shopify affiliates can deep link by adding their IDs to URLs and blog posts, for example, www.shopify.com/pricing?ref=[ID/Your_Unique_Referral_Handle].
When promoting your affiliate program, make sure you’re including information that potential promoters want to know. Generally, the most influential parts of your program are the product/service relevancy, affiliate program reputation , and affiliate network or tracking platform. Make sure you include that information when you promote your program.
Ahh thanks for the kind words. Glad you found the post helpful. I would focus on building up a good base of content first before adding affiliate links, because like you said, some programs might not accept you if your blog is still so new. 2 posts is a nice start, but I’d definitely work your way up to 10-15 posts, enough to “fill up” the blog before you apply for affiliate programs. That’s just my opinion though! The other thing about starting too early is that you haven’t really established authority or a solid audience that trusts you yet, so the odds of readers making purchases through you is much lower as well. Focus on content first, then programs! The good thing is, you’ve taken Michelle’s course, which I thought was super helpful in terms of getting in the right mindset for affiliate marketing. Now that you know what sort of content works, you can get a good strategy set out from the beginning. 🙂 Best of luck!
SkimLinks is primarily for established content producers (bloggers) who want to monetize their content. With a powerful WordPress plugin and scripts for just about any website type, setting up SkimLinks is very easy. And because you have access to all offers on their platform after you’re approved, SkimLinks is very well designed for affiliates who don’t want to spend a lot of time fiddling around with settings and other fine-tuning.
Yet, if you are still not sold on the payoffs of offering high commissions, remember that your affiliates are not just bringing you sales, they’re bringing you customers. You’ll have access to people who you can re-market to time and time again. Repeat customers have a 60-70% higher chance of buying from you compared to a first time customer, and they also give your store more word of mouth marketing. Thus, it’s best to do what you can to foster a strong, mutually beneficial business relationship with them.
In our online marketing preview article, we briefly explain what affiliate marketing was but did not go into exact details. For Part 1 of our How To Make Money Online series, we will be teaching you more specifically on the process of affiliate marketing from the backend to the end user. We will also explain the different variables that exists which dictate how much money you can possibly earn per product. Let’s get started!
Ideally, you should take photos of yourself holding the product. You may also want to create posts that show the effect of the product. If you’re an affiliate marketer for makeup, you might post a before and after photo of what you look like before and after you put on the makeup. There are a ton of ways to do this – how you choose to market the product or service is completely up to you.
I had that happen to me as well, HOWEVER, as a result of this comment I checked into what the current rules are and while the default payout threshold is $100 for all accounts, you can now change that to as low as $10. You will incurr a $2.50 for pay period charge for each payment if receiving payment by check, but it looks like if you setup direct deposit there is no charge. That is good news and something I wasn’t aware of.
So it means that 5 people will buy using your Affiliate link and let's say that you promote a product for $50 dollars and only 10$ will go for you. So you just made $50 Dollars after two weeks working less than 1hour in those two weeks. It’s really easy and realy fast money and if you know where to look you can get sometimes even $100 Commiosn for each person that bought product that you promoted.
One thing that I look for in an affiliate program is a good transparent analytics system. I want to be able to see the clicks and transactions, so that I can track my stats. Otherwise, I get a little nervous about the legitimacy of the program. Other things to look for is to see how transparent they are when answering questions and how the responsiveness of the affiliate manager.
The affiliate marketing industry has grown into a large online community of digital marketers. Through Shopify’s affiliate marketing blog posts you can learn about the foundations of affiliate marketing, what kinds of affiliate marketing opportunities exist, and how you can get started growing your business through affiliate marketing. Subscribe to our affiliate marketing blog to be notified when new blog posts are released.
We analyze the types of reports which are being generated to both the advertiser and the publisher involved in the affiliate marketing campaign. The vendors which we recommend offer both parties with comprehensive reports which provide both an outline of the performance of a campaign and detailed information to help them better understand the most and least effective areas of performance. We also investigate the advice communicated to both parties and any additional information.