So now you know the 5+ handy ways to make money through Instagram, you’re all set to start building your empire. Whatever avenue you decide to go down, be sure to always keep your personal brand in mind and treat what you do as a business. The more you understand what it is you can offer, the stronger your message will be to potential collaborators!
Offer More than Just Instagram Expertise – Employers will often want all of their social media platforms managed for them. If you can offer social media marketing and management across a range of platforms you will be in much more of a demand. A quick Google search will bring up a range of online courses to help get you started as a social media guru.
A landing page is often used to collect email addresses and sell products, but you could create a landing page containing numerous links to direct your IG traffic. Alternatively, you can use IG-centric apps that provide templates to feature various links, for example, LinkTree and Lnk.Bio. Their goals are to solve the one-link Insta dilemma. LinkTree states, “You only get one chance to link in Instagram. Make it do more.” Lnk.Bio reads, “Multiple links for your Instagram bio, the new way to improve your Instagram experience.” Both tools are easy to set up. You just connect your IG account, pick a template, add links, and you’re ready. LinkTree has a free and pro plan. Lnk.Bio has four plans including free, monthly, and lifetime. Both platforms provide basic analytics.
Rakuten Linkshare is one of the oldest affiliate partner networks that is gaining popularity very fast. To wade off competition as well as making it user-friendly, the platform come with some distinctive features. One of these features includes rotating different banner ads for specific products, making it easier to administer and optimize in the long run. Instead of having to select the ad, you would want to run on your blog manually; that will let multiple versions of ads rotate with a small piece of code.
The first question you need to answer is whether or not affiliate marketing is right for your product or service. There are two things you need to consider. First, have a look at whether your competitors are practicing affiliate marketing and how they’re doing it. If you see their products promoted by social media influencers and the like, it’s a good sign that affiliate marketing in your niche pays off.
When an Instagrammer posts a product picture on Instagram, they usually tag the brand they are promoting in the comment as well as a link to the specific product. This means that when people are browsing and reading the comments your brand will be on the eyes of potential customers. If they click on the tag, they will be directed to your Instagram page, and if they copy and paste the link to the product you will gain more traffic so it’s a win-win situation.
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?
Wewe Media Network is a performance marketing network that operates on CPA monetization model. It was launched by the group of 3 affiliate veterans. The network features proprietary visitor profile-offer matching technology that is capable to bring high conversion rates and EPCs. Every affiliate manager at WeweMedia used to run 6-7 figure campaigns internally. This ensures Wewe Media Group can provide the required support and advice.
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While ZipRecruiter is seeing annual salaries as high as $136,000 and as low as $26,000, the majority of Affiliate Marketing Manager salaries currently range between $52,000 (25th percentile) to $75,000 (75th percentile) across the United States. The average pay range for an Affiliate Marketing Manager varies little (about $23,000), which suggests that regardless of location, there are not many opportunities for increased pay or advancement, even with several years of experience.
Affiliate marketing has now invaded Hollywood? We know it invaded US politics in Washington as some politicians (current and retired) are silent affiliate marketers or in MLM. Maybe we can look forward to hearing in the next few years about more celebrities going from actors and actresses to home-based affiliate marketers. Wouldn’t that be something?