In a dimly lit church basement, Internet Marketers from around the area have gathered for their IMA (Internet Marketers Anonymous) meeting. It’s an interesting crowd that is obviously not used to being around actual people very often. In fact, they have a pasty-white look to most of them–they don’t even seem to get outside of their dark offices all that frequently. I’m nervous, because I am about to tell my story to the group, to both help myself heal and maybe touch another one of these poor lost souls.
Affiliate Marketing is the process of earning money while promoting companies and products that you can stand behind. With the introduction of the Internet, companies began to realize that it was the perfect platform to use to get the goods and services they offer out to a larger and more diverse audience. The internet e-commerce sector has become an available tool for any individual or company looking to reach a wider audience base.
Many affiliate programs will often run promotions with good discounts or giveaways that might be attractive to your audience. For example, if you're an Amazon Associate and the site have a big Holiday Sale, it would be the perfect opportunity for you to promote discounts to your website visitors. This is a great way to promote your offers while also providing good value to your audience.
Backlinks can make a huge difference for your website’s SEO. A backlink is when another website links to a page on your site. When you get a backlink from a site that has a higher domain authority than you do, it sends a signal to Google that your site is credible which can improve your rankings. Think of it like one of your superiors at a previous job writing a recommendation letter for you. That’s how the search engines see it. The more recommendations or backlinks you have, the more likely you are to move up in search rankings!
Being open and upfront about earning affiliate commission is another way not to appear pushy or as if you’re just trying to make a sale. This very useful and informative post contained a number of affiliate links and were I to want to buy one of those products or services mentioned, I would actively seek out this post and buy it through Sean as a way of saying thank you for such top information.
Google Analytics is our favorite program. Don’t just look at hits – look at unique visitors, referrers, exit and entry pages, time spent on site, and keyword combinations used to arrive at your site and goals. Not sure how to set up goals or events, we can help. Any site that can measure a conversion (a sign-up, a purchase, an action) should truly analyze traffic patterns, keywords and pay per click programs with a good tool. Not sure how to track conversions, ask Mannix Marketing, we have lots of options for you!
By building brand awareness, you can also increase your market share. Building an audience through brand awareness is more valuable than direct sales for more than 70 percent of brand managers. Your audience begins to recognize you as the go-to for information they can use in your specific niche. Whether it’s a product review, life hack, or best way to post to social media, your audience increases in size because your brand is being seen by some who otherwise wouldn’t have visited your blog.
Products are now put in a category. The commission will be based on the category each product has been placed in whether or not the category is correct. For instance, I had a sale for a child riding toy tractor. Instead of it being in toys category which would have only earned me 3%, it was actually placed in lawn and garden category which I then actually earned 8% instead.
In April 2008 the State of New York inserted an item in the state budget asserting sales tax jurisdiction over Amazon.com sales to residents of New York, based on the existence of affiliate links from New York–based websites to Amazon. The state asserts that even one such affiliate constitutes Amazon having a business presence in the state, and is sufficient to allow New York to tax all Amazon sales to state residents. Amazon challenged the amendment and lost at the trial level in January 2009. The case is currently making its way through the New York appeals courts.
In order to engage customers, retailers must shift from a linear marketing approach of one-way communication to a value exchange model of mutual dialogue and benefit-sharing between provider and consumer. Exchanges are more non-linear, free flowing, and both one-to-many or one-on-one. The spread of information and awareness can occur across numerous channels, such as the blogosphere, YouTube, Facebook, Instagram, Snapchat, Pinterest, and a variety of other platforms. Online communities and social networks allow individuals to easily create content and publicly publish their opinions, experiences, and thoughts and feelings about many topics and products, hyper-accelerating the diffusion of information.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.