I have to agree, when starting an affiliate site, you are putting up a huge investment, effort, money, and time, then if it is not bad enough, on top of that pit, earn less then 8% commission from you know who, and to insult you even more, give you a 24hr window, then you know who get a free sale from all your hard work when that person did not buy within 24hr, and to be honest, getting any site off the ground really blows, as you normally have to fight google all the way up the hill, which can take weeks, or even months just to find out if what you have done was a complete waste of effort, time, and money. As long as you got the money, and put up a quality site with quality content, then it may pay off in a few years, but how much money did one invest before getting into the black, all while the ceos are laughing at you for promoting them just to give you almost nothing in return for you hard work, and with a 24hr cookie.
I hear your concern. However, one reason I love affiliate marketing is because it tends to be the most affordable marketing channel. This is because you are only paying affiliates for people that converted on your site into an actual customer. It’s CPA — cost per acquisition. When you compare this to other paid marketing channels like Facebook or Adwords, you’re going to end up paying CPM — cost per impressions, or CPC — cost per click. In these cases you end up wasting a lot of money on people who do not become actual customers. This won’t happen with affiliate marketing. You do need to have some form of budget in order to be able to payout affiliates for the leads they send, but you’ll want it to be a percentage of the revenue you are making, so that your margins are high enough that you’re making money. I have seen affiliates make anywhere between 5%-40% of revenue. Keep in mind, the higher the commission rate, the harder affiliates will work to promote you and prioritize you as a partner.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
2. InboxDollars – InboxDollars is similar to Swagbucks, since you’re going to be taking surveys, shopping, etc., so if you want to maximize your return, sign up with both websites. They also offer a search engine that pays you (like Swagbucks) and you get $5 just for signing up. I won’t continue to list survey sites one after another down the list, but if you want to get paid to take surveys, also check out GlobalTestMarket, E-Poll Surveys and Survey Club.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
It was a blog where I aggregated survey responses from hundreds of New Yorkers and San Franciscans about their absolute favorite restaurants in various categories. Each week I’d post a new blog post based off the data I collected “Top Five Brunch Spots in NYC”, “Top Five Burgers in NYC”, “Top Five Coffee Spots in NYC”. Here’s a screenshot of one of the blog posts below…
If you have experience as a personal assistant, secretary, admin assistant, or something in a similar field, then becoming an online PA may be a great role for you. Many professionals want someone to help organize their business and personal affairs. Jobs could include sending emails, managing financial affairs, booking flights and arranging day-to-day activities. If you are interested in this line of work there are many PA agencies that are crying out for reliable assistants.
There are many ways to do affiliate marketing. One way was the kind you learned, posting links and paying for ads. That can get super expensive if your links aren’t converting well! That’s why I recommend that you do “blogging”, e.g. writing articles as you mentioned. If you optimize your content based on search engine requirements (also known as SEO), you’ll rank on page 1 of Google. When someone searches a topic, your article turns up. They read the article, click a link, buy a product, and you make a sale.
There’s no limits to the number of affiliate programs you sign up for so applying for one today will not prevent you from picking another one later on. In fact, being a member of more affiliate programs simply gives you more options in terms of products to promote plus they’re pretty much all free to join. You can always leave a program if it’s not working out for you or there are no products you want to promote.
Its obvious his first language isn’t English but the guy has made an effort to help other people out of his experience. Nunya what you did is bad and you should apologize really. There is power in the words you speak. Putting someone down like that is wrong, like all his effort to put something together was a disaster. I myself found his grammar appropriate and very understandable, I think the person with the problem here isn’t Jafar. Next time if you dont have something better to say, dont comment. If it were to be you in his shoes, am sure you won’t like it either…. Stop the negativity!!