Influencers, high profile leaders, and authors. ‘Influencer’ is a popular buzzword right now, and that space overlaps with affiliates more than you would initially think. Simply put, to earn big commissions in affiliate marketing you want to get the right product/service in front of the right audience with the right message. Influencers already have a strong audience, and are determined to continue to grow it into the millions, making them perfect for affiliate programs. For some time, the space has been very fixated on monetizing through general sponsorship for a one-time payment, however, an affiliate payout allows the influencer to earn ongoing revenue for as long as the content lives on. This can easily earn the right influencer 10x more in the long-term.
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.
Great article as it gets me thinking about the various ways to monetize my sites. With that said, my biggest hurdle has been how to get started building traffic. You see articles all over the net talking about massive traffic techniques, but I’ve never really found a guide for a fresh blog/website and how to get to their first 100, 500, or 1,000 daily uniques. Of course writing consistent quality content is key, but writing alone an audience does not make. Any tips or articles to point us to? Thanks again Sean!
Hold your career lightly, don't take it too seriously, and hold firm to flexibility as you consider your future. "Do you see a man skillful in his work? He will stand before kings; he will not stand before obscure men." Marketing will never change (problem->solution->message->market->profit), however, the modalities will. Today it's Twitter, Facebook, and maybe even a bit of Google plus; tomorrow it's something else altogether. Embrace life-long learning, get the fundamentals now, affirm them with experience, and attain greatness in marketing by harnessing the tools to support your strategy and become world class.
One of the most important strategies a blogger can participate in is creating an email list. And once you have this list of loyal readers, you should place affiliate links inside of your email content. Better yet, you should have a welcome email series that builds trust with your audience and eventually links to the products you want to promote. But don’t get spammy with your email links. Make sure to provide excellent and useful content first, then sprinkle in a few affiliate links to the main products you want to promote in later emails in the series.
Writing product reviews are an excellent way to enhance your credibility as an affiliate marketer. This is especially easy with information products like e-books which are relatively inexpensive. After establishing some steady income it may even be worth buying higher-end products, provided you get in touch with the product creator to work out a strategic marketing plan that takes you to the next level.
When beginning your affiliate marketing career, you’ll want to cultivate an audience that has very specific interests. This allows you to tailor your affiliate campaigns to that niche, increasing the likelihood that you’ll convert. By establishing yourself as an expert in one area instead of promoting a large array of products, you’ll be able to market to the people most likely to buy the product.
I spent a small period of time even running my own shop and had the misfortune of seeing the dark side of the Internet space. That time cost me dearly, and subsequently I finally decided that I had hit bottom. It was then that I realized that nothing is easy with Internet marketing, and that the Internet was a dangerous place if one decided to get deep enough into its grip to choke the life and desire out of a person. That’s when I found you guys.
There is no shortage of products you’ll be able to promote. You’ll have the ability to pick and choose products that you personally believe in, so make sure that your campaigns center around truly valuable products that consumers will enjoy. You’ll achieve an impressive conversion rate while simultaneously establishing the reliability of your personal brand.
I really appreciate your tip to try and avoid confusing “more traffic” with “more sales”. My wife and I have been thinking of starting a business, and my wife is insistent that we get a very flashy website to draw customers in. If we do start our business, I will be sure to remind my wife that more traffic to our website doesn’t necessarily mean more sales.
In 2007, life was pretty good for Pat Flynn. He was a senior drafter in a Bay Area architecture firm, a job that he loved. When the economy slowed in 2008, Pat was laid off and forced to think of another way to make a living. He took his experience of studying for the LEED – Leadership in Energy and Environmental Design – and launched a blog (GreenExamAcademy.com) that shared his study notes. This lead Pat to publish his first e-book, which resulted in $8,000 of income during its first month. Since then Pat has launched the Smart Passive Income Blog and the popular Smart Passive Podcast.