Awesome list! and great tips. Except one thing… There are a few products that Amazon won’t pay you commissions on, mostly electronics. there’s a list they have somewhere outlining them. They aren’t very many on the list but they are some of the hottest products in the market now. I think Amazon’s affiliate program gets worse every year. But luckily there are other options out there.
A relative newcomer to the affiliate space, MaxBounty was founded in 2004 in Ottawa, Canada. MaxBounty claims to be the only affiliate network built specifically for affiliates. MaxBounty is exclusively a CPA (Cost Per Action/Acquisition) company that doesn’t deal with ad banners or the like, just customer links that the publisher (blogger) chooses where to place on their website.
You will see that I created a simple image with some selling features, noting the SALE, warranty, RETURNS and a big SWIPE UP which was pointing to my http://bit.ly/amazonferrariwatch URL I created from the Amazon Associates Affiliate Offering code (yea it’s a mouthful) but it’s the big long messy URL in the image below (which is from Bit.ly dashboard). This is an amazing officially licensed Ferrari watch backed with a 2 year warranty and FREE returns. It doesn’t get any nicer of a “sell” than offering all these things to an automotive enthusiast following like I have!
A Direct Message on Instagram is only slightly better. It can get lost in the mix of other DMs, and it’s often a crap shoot as to whether they will even read it since if they don’t follow you on Instagram, your DM will show up as a “message request” in their inbox. These are often just ignored. However, Influencers on the micro-level are more likely to check these DMs so for those with smaller followings, it’s worth a shot.
Tip #1 Post links to your landing pages and websites within your stories. Now before you get all like, but I need to have like 10,000 followers to be able do that. Let me give you a strategy to help get you there ASAP. The strategy I prefer for getting 10,000 followers takes a little longer than follow/unfollow, but it gets high quality active followers, and that’s Gary Vee’s $1.80 strategy. Basically with this strategy you search up 10 hashtags in your niche and and leave your 2 cents, AKA a comment on the top 9 posts for each hashtag. I highly recommend doing this over the follow, unfollow method because you can really build a strong connection which of course is great for sales, but if you’re a little more impatient feel free to do the follow, unfollow method with an app like captivate to speed up the process.
Affiliate marketing is a program used by companies that allows people like you and me to promote their products, and make money doing it. Anyone can get started as long as they are passionate and dedicated, but many articles you find on the subject contain lots of confusing acronyms and other things that are difficult to comprehend if you’re just starting to learn about the business.
Cookie – A cookie is piece of data stored on your computer. Cookies are usually used for authentication (forums, email) or simply storing preferences. With affiliate marketing, whenever you click on an affiliate link, a cookie for that specific merchant is stored on your computer. Cookie duration varies between merchants. For example: If “Mike’s Pets Store” has a cookie duration of 14 days, that means from the moment a customer clicks on your affiliate link, they have up to 14 days to make a purchase. This means that on October 1 they could have clicked your affiliate link to the merchant and not bought anything. But if they revisited “Mike’s Pets Store” on October 9 and made a purchase, you would still get commission for the sale.
My first affiliate sale was somewhat of a family affair and it only took a few days at most. It was in December 2008. One of my sisters wrote a book on foreclosure cleaning. If you remember, foreclosures were big in the news from 2007 to about 2011/2012. The collapse of the financial — and hence, housing — industry flooded the market with foreclosures.
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?
Many marketers use automated email and drip sequences to introduce affiliate products and services to their subscribers. I use an auto-response sequence through MailerLite, a top-rated email marketing service and a fantastic alternative to MailChimp. You could send new subscribers three to five automated emails over a period of weeks/months and include affiliate links where applicable. Additionally, I see many marketers using landing page tools like Leadpages and Instapage to get subscribers and sales.
If you are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.
Wonderful course. Completely takes the guess work and mystery out of setting up a Shopify Affiliate Store. Tim Sharp is knowledgeable, engaging and enthusiastic. He is truly a natural teacher. And the fact he shares SO much detailed information, without subliminally selling alternate personal products, means he really wants us - his virtual students - to succeed. Not only do I recommend, I would pay for any future courses he offers...
Unfortunately, the 2Checkout dashboard is a bit limited in scope, making it difficult to get any metrics on conversion rates or even sorting by commission payouts. The workaround is to go to the Avangate store, which does list their best-selling products, and then search for these on the affiliate dashboard. That being said, 2Checkout does offer products from more than 4,000 different vendors, making it the leading affiliate network for software and digital products.
An advertiser in affiliate marketing can be any company that sells products (cosmetics, kitchen appliances, electronics, cloth, etc.) or services (software, cloud storage, video games, etc.). There is also one more distinguishing characteristic that defines you as an advertiser. You have to be ready to pay other people to help you sell your products and promote your website.
Advertise Purple is the #1 affiliate management agency in the USA. We help clients across the country to super-charge their affiliate revenue and get the most out of the channel. In fact, our clients see an average of 131% growth in affiliate sales within our first six months of campaign management. This is done for any niche, whether you are in it for direct ecommerce sales or lead generation.
Any commission that you are going to pay is an investment in your business. Amazon, for example, has an affiliate-marketing guide that grants a 10 percent commission for promoting a set of luxury stores. However, your final decision should stay in tune with the budget of your company. If you offer the highest commission rates to attract the best affiliates, make sure you have done the necessary calculations properly.
Fun fact: the “Amazon Associates” program actually has a different program for a variety of different countries, meaning yes, Amazon.COM has a different program than Amazon.CA, and Amazon.CO.UK, and Amazon.FR, etc. etc. If you want to, you can sign up for all of them without being residents of these countries. What’s important is where your readers are from.
Typically the landing page for your affiliate program that your affiliates are referring people to is your Shopify store’s home page, however, we also give you the ability for your affiliates to link to any page of your site which could be a specific product or category page or any page of your web site. This is known as deep linking. To set this up, please follow the instructions below:
Hi there, [insert store name] representatives! I am big fan of your store, as I love the [XYZ products] you have listed. [Talk about what you specifically like about them.] I run a store called, [insert name of your store], where I sell [talk about your niche]. Based on our similar target audiences and products, I think there’s potential for a mutually beneficial affiliate partnership. I’d offer generous commissions, of course, and we can discuss other details at your earliest convenience. If you’d like to explore this further, I’m happy to send over a few product samples. Then, you can decide if you’re interested, and we can take it from there. Let me know! Thanks so much for your time,Your name
If you haven’t already, expanding your potential profit by diversifying your affiliate networks is a great way to build in additional revenue streams for your business. Before diving into any one in particular, make sure to do some research on the program or network to confirm its legitimacy, potential for profit, and alignment with the types of products and services highlighted on your website.
The things you are working on today will earn you money not just once, but over and over again. The more pages you create on your website, the more your affiliate marketer income will go up. Plus, the more content you have on your site, the higher you will rank in search engines and the more people will share your content. That means, you get to look forward to exponential increases in your residual income.
Many affiliate marketers use paid advertising to generate additional traffic to their site and drive more sales. Paid advertising on social media is often a good place to start, as these networks tend to be more affordable.You may also want to consider taking out inexpensive banner ads on small niche sites. Depending on your niche, Google AdWords could also be a good option to drive some paid traffic to your site.
Publishing online courses and guides about ecommerce is a popular promotion method that will let you grow or build an audience to refer to Shopify. You can create training material about Shopify-specific topics or general ecommerce topics to help your audience grow their own businesses. When someone starts your course or guide, have them create a Shopify account using your affiliate link.
I read your article and enjoyed reading it. I am on the opposite side of the fence though: trying to find an affiliate marketing program / company to go with so I can get people like you to promote my products. To be honest I am a bit at a loss for words. It seems like this industry is full of sharks that not just affiliates want to avoid, but also people like me (merchants?).
As opposed to referral marketing, any affiliate marketing should be incentivized by an attractive commission rate and transparent rules. It is especially relevant to eCommerce newcomers: a solid monetary base can act as a means of building trust among prospective affiliates. If you want to prove the credibility of your new business, be generous when considering the reward.